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Tag: Renaissance Business Park
Posted inBusiness

Grand Appliance and TV Announces Relocation To Sturtevant

by Denise Lockwood

Grand Appliance and TV will move its headquarters from Zion, Illinois and operations in New Berlin to Sturtevant. The company, which employees 300 people, operates 20 retail locations in Illinois, Iowa and Wisconsin. It plans to build an $8 million, 137,000 square-foot facility, which will serve as its corporate headquarters and distribution facility. The facility will […]

Posted inGovernment

Sturtevant Hosting Celebration for TID Closing, Lower Taxes

by Racine County Eye

The Village of Sturtevant is throwing a party to celebrate the closing of the village’s highly successful tax incremental financing district that could mean lower tax rates for nearly every property owner in eastern Racine County. Scheduled for Sept. 27 at Fountain Banquet Hall, 8505 Durand Avenue, the celebration will include check presentations to representatives […]

Posted inGovernment

Trustees Talking Bombardier Tax Incentives, New Development

by Racine County Eye

Sturtevant trustees during a special board meeting Tuesday are expected to approve a package of financial incentives for Bombardier that will allow the company to expand internally, adding new equipment and new jobs. BRP is located in the Renaissance Business Park which is part of Sturtevant’s highly successful tax incremental financing district (TIF) that village […]

Posted inBusiness, Government

Bombardier Seeking Incentives for Expansion, New Jobs

by Racine County Eye

Members of the Sturtevant Community Development Authority Tuesday will consider a request from BRP (Bombardier) for economic incentives for an internal expansion that will add new jobs. Village President Steve Jansen confirmed for Racine County Eye that BRP is reorganizing a portion of their Sturtevant headquarters to accommodate additional work stations and employees but it […]

Posted inGovernment

Sturtevant TIF Closing, Property Tax Relief Expected

by Racine County Eye

When Sturtevant’s tax incremental financing district closes next year, property owners throughout the village will feel the relief in 2017. There will be a presentation Tuesday about the steps involved with closing the current TIF district and where the village could establish another one to keep Sturtevant on a forward development trajectory. Primarily comprised of […]

Posted inBusiness, Government

Sturtevant Talking TID Closure, Lower Property Taxes

by Racine County Eye

**Editor’s note: We mistakenly identified the company expanding as Lehman Bakery when it’s really Leman, USA. We have made the correction and regret the error. Sturtevant trustees and members of the village Community Development Authority will meet Tuesday during a joint meeting to discuss closing their tax incremental financing district (TIF) and the Lehman Bakery […]