Wood River Approves Redevelopment Agreements Along Ferguson Avenue

Wood River Approves Redevelopment Agreements Along Ferguson Avenue

WOOD RIVER – Two redevelopment projects are moving forward in downtown Wood River, including three new businesses and six loft apartments.At their May 18, 2026 meeting, City Council members approved two Tax Increment Financing (TIF) agreements for redevelopment projects on Ferguson Avenue. These include an agreement with JAME Properties LLC for 53 E. Ferguson Ave. and a separate agreement with AMERICAINS LLC at 84 E. Ferguson Ave.The Illinois Se…

Council approves TIF agreements for downtown

The Wood River City Council has given the go-ahead on new TIF agreements that will potentially bring three businesses and new living space to East Ferguson Avenue. Venecia’s Pizza to