The Geneva Fox River Tax Increment Financing (TIF) District consists of 84 tax parcels and 49 buildings located east and west of the Fox River. The Redevelopment Area primarily includes commercial and multifamily residential properties and public open space along the river.
The Redevelopment Area includes opportunity sites that are included in the Downtown Station Area Master Plan. This TIF district intends to provide the mechanisms necessary to support public and private development, strengthen the Fox River area as a neighborhood-level commercial and residential district, and to improve connection to the downtown and Fox River. This goal is to be achieved through an integrated and comprehensive strategy that leverages public resources to simulate private investment. For more information contact Cathleen Tymoszenko.