The City of Oak Park has been actively pursuing ways to create vibrant corridors. For years, the disinvestment in the commercial corridors in Oak Park has created a need for revitalization. The purpose of this plan is to maintain and upgrade the economic viability of the designated corridors for a period of twenty years. This plan will not be renewed.
The City Council, determining that it is necessary in the best interest of the public to halt property value deterioration and increase property tax valuation where possible in its business districts, to eliminate the causes of deterioration and to promote economic growth, hereby declares its intention to and hereby does create and provide for the operation of the City of Oak Park Corridor Improvement Authority, pursuant to Act No.280, 2005, MCL 125.2871 et seq. as amended, of the State of Michigan. In the adopted Resolution No. CM-09-356-15 approving the creation of the Corridor Improvement Authority (“CIA”), the Board was established and the TIF and Development Plans were created. The plans set forth guidelines for which the city will be able to undergo extensive streetscape projects consisting of a road diet, pocket parks, and bike lanes along the Nine Mile Corridor, Façade Grant Funding, Parking Lot creation/Improvements, Marketing, Events, Landscaping, and more. The cost of these projects will be financed through tax increment financing and grant funding and therefore requires a descriptive plan of attack.
The plan states that the duration of the development and tax increment financing plan shall be from 2016-2036. The Corridor Improvement Authority will make any existing final debt service payments during the 2034-2035 fiscal year. Therefore the development and tax increment financing plans will expire on July 1, 2036. The plan will serve as a catalyst for a number of improvements within the commercial districts and corridors.
The CIA will be hosting two informational meetings to discuss the progress the CIA has made over the past year and answer any questions. Please join us either:
at 5:30 p.m. November 9, 2020 via Zoom - meeting login information will be provided later
November 19, 2020 at noon via Zoom - meeting login information will be provided later
For more information please contact Kimberly Marrone (248)691-7404
Corridor Improvement Authority District Map
To download the Development and TIF Plan click here.
For Amendment to Plans click here.
Corridor Improvement Authority Meetings
The Corridor Improvement Authority Board meets the third Thursday of every month at 12:00pm noon in the Executive Conference Room located at Oak Park City Hall, 14000 Oak Park Blvd, Oak Park, MI 48237. All meetings are open to the public.
February 15, 2018
April 19, 2018
June 28, 2018
August 16, 2018
October 18, 2018
November 15, 2018
January 17, 2019
March 21, 2019
May 16, 2019
July 18, 2019