S. B. Friedman & Company was engaged in January 2000 to provide development advisory services to assist the Village of Bartlett in bringing about the development of an approximately nine-acre site located adjacent to a Metra commuter rail station in the downtown.

The site is located in an existing TIF district. Our scope includes developing and testing a market-driven, site-specific development concept, overseeing the design and site planning of the proposed concept, preparing a developer RFQ/RFP, evaluating developer proposals, and assisting the Village in negotiations with the selected developer.

In 2008, the project won a Community Vision Award from the Chicago district council of the Urban Land Institute (ULI) for its contribution to urban reinvestment. 

From the ULI-Chicago awards program:

        The Village of Bartlett's Town Center project was created in 1986 with the approval of a Tax
           Increment Financing (TIF) Redevelopment Plan for the downtown area. The TIF Redevelopment
           Plan's goal was to improve the streetscape and commercial viability of the area, while cleaning up a
           contaminated and  dilapidated industrial area (brownfield) in the heart of Bartlett's downtown. The
            project provided for the consolidation of seven acres and four property owners and the
            environmental cleanup of an abandoned factory, one factory set to move, an auto repair facility and a
            contractor's yard. In coordination with the development of this property, the Village has been in
            negotiations with Metra to move the trains station eastward from its present location to coincide
         with the location of the Town Center to clearly set the tone for transit-oriented development
            envisioned by Village Officials for many years.  

Read the press release here.

For more information on the town center development, click here.