CONSTRUCTIONPENDING

Village Review of $13M TIF Request for Mixed-Use Project

Marquette Companies seeks up to $13 million in TIF-funded financial assistance from the Village of Villa Park for the redevelopment of 100-110 S. Villa Avenue into apartments, retail, and parking. The agreement remains under negotiation.

Document date · December 20, 2024

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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

Scope & details

The full contract record, as filed.

Contract amount
Up to $13,000,000 (financial assistance via TIF-eligible expenses)
Contract type
CONSTRUCTION
Renewal
Terms pending finalization in Redevelopment Agreement. Assistance limited to TIF-eligible costs; possible repayment if final costs are less than estimated.
Document type
Report
Source document
village-of-villa-park-financial-assistance-review-memo_949.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Villa Park village?

Marquette Companies was awarded this construction contract by Villa Park village, as recorded on December 20, 2024. The contract value is Up to $13,000,000 (financial assistance via TIF-eligible expenses).

How much is the Marquette Companies contract with Villa Park village worth?

The Marquette Companies contract with Villa Park village is valued at Up to $13,000,000 (financial assistance via TIF-eligible expenses), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a report record.

Where was this contract approved?

This contract appears in village-of-villa-park-financial-assistance-review-memo_949.pdf (Report), dated December 20, 2024 from Villa Park village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Marquette Companies hold?

Marquette Companies may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Villa Park village currently buying?

Explore Villa Park village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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