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Officials OK $6 Million South Street Project Incentive

A mixed-use residential and retail building is in the works for South Street near 66th Court. But the developer for the independent project said he couldn't move forward without incentives from the village. He got them Tuesday.

officials approved this week a more-than for an upscale that trustees have said will boost business and living conditions in the downtown area.

They've called the mixed-use building a "trigger project," according to Chicago Tribune report. The measure, coined The Boulevard at Central Station, was approved unanimously.

The $34.8 million project includes a five-story building comprised of 167 residential units and 24,000-square feet of commercial space. It would be wedged in the area between South Street, 66th Court, 174th Street and 67th Court, adjacent to .

The Chicago Tribune reports:

After presenting multiple plans for developing the space to the village for approval in the last nine years, developer Bob Hansen said he is pleased to finally move on to the next step.

“It’s been a long time coming,” he said. “We’ve been in and out of here for 8 or 9 years.”

He hopes to break ground by the fall, he said. The project is expected to take 18 months.

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Do you support the South Street project? Tell us in the comments.

Patti Lavin July 20, 2012 at 12:13 PM
This is the most ridiculous waste of the village's dollars. Surely out taxes will reflect this stupid idea by increasing YET AGAIN!
MrQuestioning532 July 20, 2012 at 01:01 PM
This action certainly questions where our Village priorities are. With the many homes in actual forclosure and tons on their way, with the many people within our village unemployed, with the taxes that just keep rising, and the list goes on and on...and yet NO visible attention to any of these and other more serious situations than putting up a new structure which has a "incentive" of 34 million. Gosh, I wonder what other more constructive ways that money could have been used? People need to remember these things when elections come around...for sure!
4saletp July 20, 2012 at 01:31 PM
The people that run the Village of TInley Park are a bunch of bullies - once again they will try to bull doze something into the down town area - and I believe it will be a complete failure - $ 1600 condos for rent - and shopping (( really what could that be )) These officials need to move on - and the residents of Tinley Park need to be more vocal- Attend meetings !!! Personally I think the Village of Tinley Park should provide the following information at their meetings : How may apartments/condos are for rent ? How many houses/condos are for sale ? How many foreclosures/pending ? How much UNUSED retail space is currently sitting in their village not being used ?? That information would be great, but that won't have the guts to provide.
Sue July 20, 2012 at 01:48 PM
This is ridiculous! Shouldn't we fill the empty buildings we already have in the village before building new. There are empty stores and homes everwhere within this village.
4saletp July 20, 2012 at 01:54 PM
8:31 am on Friday, July 20, 2012 The people that run the Village of TInley Park are a bunch of bullies - once again they will try to bull doze something into the down town area - and I believe it will be a complete failure - $ 1600 condos for rent - and shopping - (can't even imagine what the shopping could be) There are so many foreclosures and probably many more just around the corner- unsed retail space EVERYWHERE in TP - Residents of Tinley will eventually pay the price for another bad decision by these officials - It is really time for ALL of them to move on.
Carol July 20, 2012 at 03:13 PM
The people willing to pay $1600 rent are the young ones and they want to live close to downtown Chicago in the trendy areas, not Tinley Park. Although it seems like a knee-jerk reaction to worry these luxury apartments would ultimatelybecome Section 8 stranger things have happened. Why gamble with taxpayer dollars when the real estate market is in a freefall. They should have waited a few years to see how successful (or more likely unsuccessful) the new luxury apts. in Orland are.
Joe V. July 21, 2012 at 12:13 AM
It takes long enough to get around downtown Tinley Park without this monstrosity of a project. When I travel through downtown Naperville (which our village officials are attempting to replicate) it sometime takes me three to four traffic lights to get through an intersection. What are these stupid people thinking? They just want to try to leave a legacy with their HUGE egos, which will be a burden on the citizens of Tinley for an eternity.
Dave Janotta July 21, 2012 at 02:05 AM
Total waste of money. Houses are selling in my neighborhood (Tinley Park 167th and Sayre) for $80,000. Why rent something for $1600 a month when you can buy a home so cheap and pay a heck of lot less than $1600 a month for a house that you own.
Jacke July 21, 2012 at 06:14 AM
absolutely a stupid idea....but the town of Tinley don't care why should they they can laugh about some builder coming in here and building something that will not last..what does the town have to lose...and more than 4 people have to show up at the town meeting's people alway's complain about thing's going on but never go to the meeting's..you need alot of people to voice an opinion.....and as far as beautifying downtown Tinley..at night with the bar's it become's almost unbearable to walk in....I walk there almost everynight....even during the week when it is quiter..there is alway's someone fighting..and the busy night's I have seen young kid's coming out of the bar's so drunk it make's me sick they can not even walk...and the peeing that is a constant thing..up and down the main street's they are peeing on the building's and eveything else...so when I see all the family's sitting around the fountain in the day..I think what all goes on at night kid's are playing in the fountain of pee...and the puk (another story) that is alway's up and down the street..the worst is after the St. Patrick's Day parade...all the the way up to the bank puk.(sick) the last fest (Carribean) after it closed I saw people absolutely drunk out of their mind walking down the track's...it is a fest with kid's why are they allowing the alcohol outside with all the kid's around..should be banned.....
sweet heart July 22, 2012 at 06:58 AM
Yeah, I,agree totaly what people are saying on here. We need other things to be dome around the area, Some spot:s in tinley park need repair in part:s of the area. Road repair on the street"s. Need?s side walk?s for pepole to walk on. SO, there going to put up this high class luxury place for what, We, need place"s where peop;e to ;ive in so they do not to have to sell there house or forcloser, That belomgs down town/ This a freindly place to llive. Not yuppyville downtown tinley park.
sweet heart July 22, 2012 at 07:05 AM
I,have seen the young one:s go get a pack of smoke:s on 183rd and harlem and also at the bars drunk as a skung and walking also late at night, I,so saw them get into there car:s being drunk. So who fault is that? i, guess no one is checking iId at the bar they go into, The owner of the bar can get into trouble also, For serving drink:s, to younger people, I,agree with you totally Jacke. s
Jack Bauer July 22, 2012 at 02:18 PM
And what happened to no train horns come July??? I hear them all the time Still
Summer July 22, 2012 at 03:05 PM
4saletp..... Amen to everything you wrote and more. I live in that TIF 1-2-3 areas. I went to every meeting when all of this crap started back 10 years ago. I walked with petitions, I helped the family that were going to loose their 3 lot by Harpers Hill. You sit thru these meetings and you are allowed to speak and present the petitions in the last 15 minutes of the meeting. Exactly after 15 minutes, the gavel comes down and the board walks off. We need a new Mayor and a new board! 'Z' should retire, he has ruined alot of peoples lives forever with his crazy ideas.

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