Selected Project ExperienceTax Increment Financing & Business District Plans
Highland, Illinois Northside Conservation Redevelopment Area: Redevelopment plan and program designed to support the construction of a new Regional Medical Center. TIF revenues were used to assist St. Joseph’s Hospital in new street construction, signals and numerous utility upgrades in the northern region of the community. The program will also assist in business retention and attraction along with stormwater improvements in the southern portion of the redevelopment area
Amendment to Tilton TIF Redevelopment Plan: Extended the life of the Tilton Tax Increment Financing Area an additional 12 years. The Area will now exist for 35 years. The Village also amended their Redevelopment Plan and incorporated new goals and objectives for the project area which includes major street upgrades and development of new interstate commercial development.
Godfrey Interstate 255 Redevelopment Plan: Tax Increment Financing redevelopment plan and program designed to support the new interstate development of the newly extended Interstate 255. Extensive infrastructure improvements are needed to support new retail and potential industrial development in the growing community of Godfrey, Illinois.
St. Libory Tax Increment Financing Area: Established the Village’s first redevelopment program designed to retain the Wenneman’s Meat Market which had previously been destroyed by fire. The company had considered alternate communities in which to rebuild. The TIF program assisted in retaining this valuable employer to this rural community.
Godfrey Business District: Redevelopment plan designed to fund massive utility improvements throughout the project area. Also designed to stimulate new retail and retain existing retail development within the community.
Colchester Tax Increment Financing Area: Established the City’s first redevelopment program designed to support the downtown rehabilitation and support of new retail within the community.
Shiloh, Illinois Tax Increment Financing Area B: Amendment to existing TIF Area to include downtown with plan to bring new businesses and commerce to the older portions of Shiloh. Parks College Redevelopment Area; Redevelopment plan for the former St. Louis University Parks Air College Campus. Tax Increment Financing Area #1; redevelopment program which includes property in the Village’s older residential/commercial core, as well as industrial and commercial sites along Illinois Route 4 and Illinois Route 15. Included retention of major meat processing plant. Tax Increment Financing Area #1; Mixed use redevelopment plan and program to assist the community with downtown revitalization and spur new development north of town. Plan will also assist in rehabilitation of infrastructure and residential homes in the Historic Sears Home District. Tax Increment Financing Area #1; Redevelopment plan and program which will assist in the development of vacant industrial ground along U.S. Route 51 in central Illinois. Also assisted in the annexation of more than 100 acres of industrial and commercial ground vital to the future of the City tax base. Tax Increment Financing Area #2; Tax Increment Financing plan and program for the redevelopment of downtown West Frankfort. This includes a program to upgrade utilities and implement a streetscape program. It also includes a program to assist the City in retaining and recruiting new businesses in a high unemployment County. Tax Increment Financing Area 1; Plan for the redevelopment of historic downtown Barry and the City Industrial Park. North Main Street Redevelopment Area; Tax Increment Financing plan and program for the redevelopment of an older, mixed-use portion of the community adjacent to both the county/municipal government complex, and the downtown area. This includes a Housing Impact Study which was necessary due to residential components within TIF redevelopment area. Tax Increment Financing Area 2; a tax increment financing project to help spur industrial development on 220 acres of vacant property along Illinois Route 111 which has not developed without assistance. Tax Increment Financing Area 1; redevelopment plan for former Grayville Prison site; 100 acres for creation of future industrial park which is adjacent to Interstate 64 in southeastern Illinois. Tax Increment Financing Area 1; mixed use redevelopment plan of aging industrial park development and portions of downtown; redevelopment plan will assist existing businesses with infrastructure upgrades and assist in the recruitment of new development. Tax Increment Financing Area 1; plan for the redevelopment of the City of Mt. Vernon’s Downtown; redevelopment of an older, mixed-use portion of the community adjacent to both the county/municipal government complex, and the downtown area. This is being done in conjunction with their Downtown Redevelopment Commission and Comprehensive Plan. Homestead Tax Increment Financing Area; redevelopment of 72 acre site for senior housing & mixed use commercial/recreational facilities. Wingate Business District; initiated first business district for redevelopment of a 28 acre commercial project; plan will assist the community to recapture a portion of the sales tax generated for assistance in public infrastructure upgrades necessary for development. Shiloh Tax Increment Financing Area #C; a mixed use plan for the development and redevelopment of residential and large scale commercial projects; infrastructure upgrades and remediation; TIF funds used to assist Mascoutah School District in construction of new elementary school.
Selected Project ExperienceMunicipal Economic Development Assistance
New Baden, Illinois Economic development consultant to the community, worked with the Village in creating a demographic and economic profile to attract new business. Also worked with the Village to create a site plan and concept for an industrial park on currently vacant properties.
Economic development consultant for marketing airport properties for development, also aiding in negotiations with potential developers for leasing properties and establishing possible incentive programs.
Hartford, Illinois Economic development consultant to the community, including consulting in regards to specific development and redevelopment projects, and those projects related to tax increment financing.
Selected Project ExperienceIncentive Assistance Frost Electric
Selected Project ExperienceComprehensive Plans Moran Economic Development was able to assist seven communities in the Southern Illinois Delta Empowerment Zone as well as Montgomery County with the completion of their Comprehensive Plans. These plans will help assist in setting the context for future growth within these communities. The Comprehensive Plan consists of a series of interrelated chapters, or elements, analyzing the community's future land use, transportation, parks and recreation, and other infrastructure and environmental issues, needs, challenges, and opportunities. The Comprehensive Plan is important because it sets the overall policy context for future growth and development within these communities. The Comprehensive Plan addresses growth pressures, future public facilities and services needs, preservation of community character and natural resources, development design and standards, the fiscal impacts and responsibilities of new development, and other important issues affecting the quality of life and character of the city.
• Alexander County, Illinois • Johnson County, Illinois • Montgomery County, Illinois • Pulaski, Illinois • Karnak, Illinois • Ullin, Illinois • Mounds, Illinois
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Godfrey, Illinois
St. Libory, Illinois
Godfrey, Illinois
Colchester, Illinois
Economic development consultant to the community, worked with the Village in creating a demographic and economic profile to attract new business. Also worked with the Village to create a site plan and concept for an industrial park on currently vacant properties.
St. Louis Regional Airport