Priority Development Zones
Learn more about opportunities in Kankakee County’s dynamic commercial, residential and industrial sectors in three priority development zones:
BOURBONNAIS PARKWAY DEVELOPMENT AREA
- 3,000 total acres @ new I-57 Exit 318
- 1,400 acres industrial TIF property
- Adopted: Land Use Plan by Ratio/Piggush Engineering
- Utilities in place
- 5-year property tax abatement for qualifying new construction
BRADLEY ROUTE 50 COMMERCIAL CORRIDOR
- Highest trafficked artery in Kankakee County
- Location of 1.8 million SF CSL Behring & $180 million Nucor Steel expansions
- Ongoing: Northfield Square Mall Redevelopment Study
- Ongoing: IL Route 50 Corridor Study by Hitchcock Design Group
- 5-year property tax abatement for qualifying new construction
KANKAKEE RIVERFRONT OPPORTUNITY ZONE
- County’s only designated Opportunity Zone. Click here to download the Opportunity Zone Prospectus.
- Adopted: Riverfront Master Plan by Hitchcock Design Group
- Underway: Riverfront Master Plan implementation
- Now Available: Historic Tax Credits for qualifying Downtown Kankakee redevelopment
- Special Service Area incentives
- 5-year property tax abatement for qualifying new construction
- NEW: 290-acre Riverfront TIF District
- Anticipated Q4 2019: 500-acre East Court TIF (@I-57 Exit 312)
- #1 metropolitan area for year-over-year growth in the United States*
- $1.7 billion+ in capital investment 2014-2018
- Labor force of 2 million+ within 45 minutes drive
- 45 miles and less than 1 hour drive from Downtown Chicago
- 5-year property tax abatement, sales tax exemption for new construction. CLICK to download our Enterprise Zone incentives brochure.
- CLICK to download: 2022 Market Profile
- CLICK to access 2022 Alliance BoD reports
Connect with us today for more information on the Kankakee County, Illinois, commercial, residential and industrial marketplace. Call 815-935-1177.
For details about overnight accommodations, custom visitor itineraries, Ka Co | The Local Exchange, and more, click visitkankakeecounty.com