Interested Parties Registry

If you are interested in receiving information about established or proposed TIF Districts in Crystal Lake, please complete the registry form and return it to planning@crystallake.org.

 

Virginia Street Corridor TIF District

Please see the Virginia Street Corridor Tax Increment Financing Redevelopment Plan and Program by clicking here. This plan is intended to provide a framework for improvements within the Project Area over the 23-year life of the TIF, including redevelopment goals listed below:

  • Promote Crystal Lake as a center of business activity and economic growth both locally and regionally.
  • Promote and enhance the Virginia Street Corridor as a viable commercial district.
  • Strengthen the Virginia Street Corridor’s commercial function and encourage business development that maximizes links to related businesses, infrastructure, and customers.
  • Enhance the marketability of vacant and underutilized properties and encourage private investment to strengthen the community’s tax base.
  • Enhance the overall quality of the City of Crystal Lake and the welfare of its residents.
  • Create a safe, attractive pedestrian environment. Improvements to the visual character, comfort, and convenience of the pedestrian experience will help to draw increasing numbers of people to the Corridor.
  • Develop a distinctive image and identity.
  • Encourage public/private partnerships.

Crystal Lake Avenue and Main Street TIF District

Please see the Crystal Lake Avenue and Main Street Tax Increment Financing Redevelopment Plan and Program by clicking here. This plan is intended to provide a framework for improvements within the Project Area over the 23-year life of the TIF, including redevelopment goals listed below:

  • Encourage a diversity of housing types throughout the City which satisfy a wide-range of needs for all persons, regardless of age, race, religion, gender, national origin, physical ability, and economic level.
  • Provide for a reasonable rate of residential growth that maximizes use of existing infrastructure, public resources, and limits negative impact on the environment.
  • Encourage mixed-use developments that allow people to live, work, and play in the same area.
  • Promote Crystal Lake as a center of business activity and economic growth both locally and regionally.
  • Explore carefully selected and positive incentives that support the retention, expansion, and relocation of businesses to Crystal Lake.
  • Promote, retain, and attract businesses that provide a diverse base of employment opportunities.

Vulcan Lakes TIF District

Please see the Vulcan Lakes Tax Increment Financing Redevelopment Plan and Program by clicking here. This plan is intended to provide a framework for improvements within the Project Area over the 23-year life of the TIF, including redevelopment goals listed below:

  •  Encourage a diversity of housing types throughout the City which satisfy a wide-range of needs for all persons, regardless of age, race, religion, gender, national origin, physical ability, and economic level.
  • Provide for a reasonable rate of residential growth that maximizes use of existing infrastructure, public resources, and limits negative impact on the environment. 
  • Encourage mixed-use developments that allow people to live, work, and play in the same area.
  • Promote Crystal Lake as a center of business activity and economic growth both locally and regionally.
  • Explore carefully selected and positive incentives that support the retention, expansion, and relocation of businesses to Crystal Lake.
  • Promote, retain, and attract businesses that provide a diverse base of employment opportunities.
  • Establish and maintain a critical natural and recreational asset for the citizens of Crystal Lake.

Water's Edge TIF District

The City of Crystal Lake enacted the Water's Edge TIF District on July 19, 2022. Information on the district is listed below: