Village of Maryville, Illinois

Details

Category: Economic Development

Project

TIF District I Redevelopment Plan & Project
Village of Maryville Demographic & Economic Profile
Business Recruitment & Industry Targeting
Site Marketing
Enterprise Zone Application

Synopsis

Moran Economic Development assisted the Village in the establishment of its first TIF District. Redevelopment calls for recruitment of new retail and office at the Interstate 55/70 interchange, as well as opening up other retail opportunities along Illinois Route 159 and 162. The Village can utilize monies to help extend utilities to open up additional ground for development as well. Developer interest has flooded the Village to date with new businesses reaching out weekly.

The Village also utilized Moran for the application and designation of the Madison County Discovery Enterprise Zone. The Enterprise Zone has been an effective tool in recruiting new office and medical development to the Village while also assisting existing businesses with rehabilitation efforts.

Finally, the Village utilizes Moran Economic Development for retail recruitment. Our firm has designed a targeted economic and demographic profile aimed at identifying potential retail establishments that might be a good fit for the Village. Moran helped to identify the competitive advantages and disadvantages of the area and provided information and/or direct marketing to prospective or existing businesses that are considering location or expansion in the Village. This includes the creation of site search proposals for national and statewide site consultants interested in the community.