GWDC – GreenTown Redevelopment – Illinois - Project Profile
"GWDC – GreenTown Redevelopment – Illinois - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Greater Waukegan Development Coalition (GWDC) is planning to build a mixed-use community in Waukegan, Illinois, the US.
The project involves the construction of a mixed-use community comprising 200 rental apartments. It will be developed in two phases.
The first phase includes the construction of three buildings – A, B, and C. Building A will include a 140-room hotel, apartments, a swimming pool, a restaurant, and meeting rooms. Building B will comprise a 1,115m2 commercial space, retail shops and apartments and Building C will comprise apartments.
The second phase includes the construction of Building D comprising two blocks of parking spaces and apartments.
The project includes the construction of four restaurants, a community center, parking and related facilities.
On January 11, 2017, GWDC presented the project plans to the Waukegan Economic Development Advisory Board (WEDAB) and requested them to recommend City Council's approval of a Tax Increment Financing (TIF) district that will cover 35 percent of the project cost. A planning approval from the City Council is expected to take six to nine months.
The GreenTown Redevelopment project involves the construction of a mixed-use community comprising 200 apartments in Waukegan, Illinois, the US.
The US$130 million project includes the following:
1. Construction of a 140-room hotel
2. Construction of four restaurants
3. Construction of a swimming pool
4. Construction of retail shops
5. Construction of parking and related facilitiesReasons To Buy