Enterprise Zone expanded in Bloomington

By WEEK Reporter

Enterprise Zone expanded in Bloomington

March 1, 2013 Updated Oct 26, 2013 at 4:10 AM CDT

MCLEAN COUNTY, Ill. -- Thursday, the state has approved an expansion of the Bloomington-Normal/McLean County Enterprise Zone into downtown Bloomington.

The new addition covers approximately 185 acres of property centered around 101 North Main in Bloomington, covering about 56 blocks.

The government is now able to provide businesses with incentives to spur redevelopment. Those include possible sales tax exemptions on building materials and income tax credit for investment.

To submit a comment on this article, your email address is required. We respect your privacy and your email will not be visible to others nor will it be added to any email lists.