In 2005, the Ogden Avenue Tax Increment Financing
District was established for a two-block stretch of properties along
Ogden Avenue near Route 83. The TIF district covers 8.7 acres.
Infiniti of Clarendon Hills opened in the TIF district. The Ogden Avenue
TIF Redevelopment Plan allows for reallocation of incremental tax
dollars to help fund redevelopment and related activities.
In 2010, the
Village completed replacement of water mains to serve the properties
along Ogden Avenue. The area is ideal for “big-box” redevelopment,
including automobile dealerships and specialty retail.