Monday, February 27, 2017

Work in Tax Incremental Finance District #2 Starts

Last year, the Village of Bellevue started work on creating the second Tax Incremental Finance District in the community.  The hope is to spur additional economic growth in the area around Eaton Road, Ontario Road and Huron Road.  Permits were issued for the first part driving project which will include 64 units of higher end apartments.  Still yet to come is an assisted living facility and approximately 38 single-family lots.  This initial project will only cover a portion of the 216 acres of undeveloped land within the boundaries.  The Village looks to be a partner to assist in spurring growth and development in this key strategic area.

To learn more about the Tax Incremental Finance District, please visit the following page on the Village of Bellevue website.