Statistic
| Amount |
---|
Base Value | $15,514,500 |
Projected Value | $32,505,755 |
Today’s Incremental Value | $14,915,700 |
Original Property Taxes | $435,027 |
Projected Property Taxes | $687,670 |
Today’s Increment | $89,458 |
Projected Expiration Date: 2028
The District is proposed to be created as a district in need of rehabilitation or conservation comprising approximately 21 acres and including certain parcels in an area bounded generally by West Lincoln Avenue, South 107th Street, West Hayes Avenue and the I-894 Freeway. In 2020, Lincoln Hospitality Group completed construction of a 4-story,107-unit Holiday Inn Express at 10111 W. Lincoln Ave.

TID Number 17 Project Plan