BUSINESS INCENTIVES

In 2016, the entire Village of Bensenville was designated as an Enterprise Zone, the only one within DuPage County. The designation allows the Village to offer incentives, leveraging private capital while increasing the tax base.

To date, the Village has leveraged just over $750,000 in building materials exemptions into over $34 million in total community investment. This had led to 614 jobs created or retained.

Significant 2020 projects that utilized the enterprise zone building materials sales tax exemption include: Bo Jackson Sports Facility, 1000 Commerce Ct; The UPS Store, 460 W Irving Park Rd Ste C; Omega Pro Systems mixed-use building, 114 W Green St; and the new industrial building at formerly 1000 Tower Ln.

Project Total Investment

Enterprise Zone Building Materials Exemption Private Capital Leveraged Jobs Created or Retained (Prospective)

SPEEDWAY STORE GREEN STREET GRILLE EDGE ICE ARENA

6,700,000.00 230,727.00$ $ 2,500,000.00

220 N YORK ROAD IPT O'HARE DC II LLC VICOSTONE BUILDOUT

3,600,000.00 5,911,850.00 650,000.00$ BENSENVILLE SPORTS FACILITY $ 5,370,056.00 THE UPS STORE 125,000.00$

114 E GREEN ST 1000 TOWER LN

TOTALS

1,150,000.00 7,790,903.90 34,028,536.90$ 12,499.35 $ 3,042.66 4,306.30 102,138.48$ $ 88,610.38 $ 7,038.50 128,417.78$ $ 1,562.81 57,715.47 348,092.19$ 753,423.92$ 437,218.65 227,684.34 174,889.70 3,819,797.52$ 2,673,138.62$ $ 373,346.50 4,157,624.22$ $ 148,437.19 1,290,508.53$ $ 13,532,821.81 26,835,467.08

45 15 20 (300) (100) 15 10 8 1 (100) 614