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FINANCIAL_SERVICESAPPROVED

City of Joliet Land Use & Economic Development Committee Agenda May 2026

Amended Rock Run Crossing Agreement with Cullinan Joliet

City of Joliet cityCULLINAN JOLIET LLCMay 20, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Land Use & Economic Development Committee approved an amended and restated development agreement with Cullinan Joliet, LLC for the Rock Run Crossing project, reducing related bond debt by $16 million. The revised pact adds performance requirements and incentives tied to retailer attraction and tax generation, anchored by a planned Dick’s House of Sport.

Contract Details

Vendor

CULLINAN JOLIET LLC

Agency

City of Joliet city, IL

Contract Type

FINANCIAL_SERVICES

Document Date

May 20, 2026

Renewal Info

Development agreement is amended and restated with new performance requirements and penalties; specific expiration or renewal terms are not detailed in the minutes.

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