As municipalities across the country continue to feel the impact of COVID-19 on the their bottom lines, Skokie is hoping to receive federal funding to help bridge the gap.
UpdatedThu, Jan 14, 2021 at 1:36 pm CT
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The Skokie Village Board last month unanimously granted preliminary approval to a plan to support a $43 million hotel development with up to $13.5 million in tax increment financing. (via Village of Skokie)
A rendering shows a potential future residential development on the east side of a planned Homewood Suites by Hilton hotel at Oakton Street and Niles Avenue. (via Village of Skokie)
The Skokie Village Board last month unanimously granted preliminary approval to a plan to support a $43 million hotel development with up to $13.5 million in tax increment financing. (via Village of Skokie)
SKOKIE, IL Despite opposition from residents at last week s village board meeting, trustees are scheduled to grant final approval Tuesday to plans for a downtown Skokie hotel.
UpdatedSat, Dec 19, 2020 at 4:18 pm CT
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The Skokie Village Board approved a development agreement to build a 142-room hotel and conference center at 4930 Oakton St. (via Village of Skokie)
SKOKIE, IL Village trustees unanimously approved a development agreement for a new hotel and conference center in downtown Skokie.
The 142-room Homewood Suites by Hilton is planned for the northeast corner of Oakton Street and Niles Avenue. The deal calls for the developer to present proof that a hotel at least as prestigious as a Homewood Suites plans to operate at the site for at least 15 years.
The hotel is set to include 30,000 square feet of retail space on its ground floor and rooftop and about 10,000 square feet of banquet and event space. As part of the deal, village officials will be permitted rent-free use of the rooftop bar four times a year.