In 2016, JRG teamed with SB Friedman and Christopher B. Burke Engineering to implement the first “Transit TIF” area in Chicago, as a means to fund critical infrastructure improvements on the nearly 100 year old Red and Purple lines of the CTA rail system. This innovative funding tool was adopted by the Illinois legislature in June 2016 and the Transit TIF was implemented in record time through the combined efforts of the consulting team, the City of Chicago and CTA.

JRG was engaged by Swedish Covenant Hospital to develop an incentives strategy for addressing two key hospital objectives: 1) create an integrated, culturally sensitive, women-centered health center and 2) modernize and address chronic overcrowding of the Emergency Department. JRG evaluated the eligibility of the campus and the neighboring corridors and found strategic connections to adjacent TIF districts. The TIF designation involved educating the community about the TIF process.

The Village of Carpentersville engaged JRG in 2025 to assist with the designation of the 150-acre Huntley/Randall Tax Increment Financing (TIF) District. JRG conducted eligibility analyses, prepared the Redevelopment Plan and Eligibility Study, developed projections of future TIF revenues, and guided the Village through the designation process. The new TIF district aims to address flooding, support redevelopment, and attract private investment.

The Village of Schaumburg engaged JRG and Stone Planning in 2023 to evaluate the potential fiscal impacts of the proposed Chicago Bears stadium development in Arlington Heights. The team developed a financial model analyzing visitor spending, hotel occupancy, sales tax revenues, and real estate impacts. The study projected a positive fiscal impact for Schaumburg, including approximately $1.67 million in additional annual tax revenue.

Village Green sought TIF assistance for an adaptive reuse of this historic building for apartments with ground floor retail. The project was achieved through a challenging and complex financing structure bolstered by TIF, Historic Tax Credits and Low Income Housing Tax Credits. JRG helped the developer secure an award of $34 million in TIF funding, including a critical cash payment of $29 million and a $5 million TIF Note.

Developed by Antheus Capital and designed by renowned architect Jean Gang, this residential and commercial project represented the first non-university housing development in Hyde Park in decades. The high cost of underground parking and challenges with securing financing created a financial gap that was closed with $11,300,000 in TIF assistance and Enterprise Zone incentives. JRG strategically implemented TIF strategies resulting in $2,000,000 in additional TIF revenue.

The City’s Department of Planning and Development engaged a team including JRG to prepare the statutorily required Annual Reports for all 145 of the City’s Tax Increment Financing Districts. This time sensitive and data intensive assignment required the collection, reconciliation and integration of data and documents from multiple City departments. . Experienced project management, database architecture expertise, and understanding of data sources were the hallmarks of this complex project.

The Village of Morton Grove engaged JRG to prepare an independent financial feasibility study related to the issuance and sale of a $14 million TIF revenue bond for the development of the Sawmill Station Lifestyle Center. The new center will provide a modern shopping, dining and entertainment experience at the important crossroads of Dempster Street and Waukegan Road.

JRG has assisted Chicago Public Schools in securing TIF assistance for new school development, additions and rehabilitation improvements, both small and large. JRG was instrumental in developing a large scale, city-wide capital improvement program called Modern Schools Across Chicago, which garnered more than $500 million in TIF funding for new schools and additions.