Today the Hoffman Estates Joint Review Board met and discussed the 184 acre proposed mixed use development at the corner of routes 59 and 72 known Plum Tree Farm or the Iaotoroola development.  You may have seen in the news lately there is a proposal for a retail center with 1200 housing units.

At the meeting today the Village spoke out in opposition of this proposed development.

The discussions centered around the request for Hoffman Estate to establish a Tax Increment Financing District (TIF) for the development. Other interested parties with standing, including CUSD 220, CUSD 300, the Barrington Hills Park District, Elgin Community College and Harper College also gave testimony.

Although Barrington Hills lost its rights over the property when the landowner sued for, and won disconnection from the Village in 2010, Village of Barrington Hills President McLaughlin jointly with Village of South Barrington President McCombie, opposed the project in public session prior to the vote along with other members of the public from Hoffman Estates, South Barrington and Barrington Hills Trustee Fritz Gohl. A vote was taken and the Joint Review Board did not approve a TIF for this proposed development. A subsequent motion also passed rejecting the TIF on grounds that it did not qualify due to vacancy, flood plain and plotting deficiencies noted by the Board.

This is the first step and only one of many meetings.  The next is scheduled for April 18th. We encourage residents and tax payers to remain informed and to actively participate.