Mostly Cloudy
50°
DeKalb, IL
Mostly Cloudy|Forecast »

Developer’s sales-tax rebate request ‘pretty much dead’

DeKALB – The future of the former Lukulos building is up in the air after a plan to give a sales-tax rebate to a potential developer was derailed Monday night.

Roger Hopkins, economic development consultant for the city of DeKalb, said Pearl Street Commercial, the company that made the rebate request, has a number of options before it closes the deal on the property at 1101 W. Lincoln Highway.

“I’m sure [the developer is] just evaluating what he can do with what they had planned and what they might be able to make do without the assistance and some of the additional remodeling that they planned to do,” Hopkins said Tuesday.

Story Archived

Only the most recent 7 days of articles are available for free. For articles older than 7 days there is a small fee for retrieval from our archive. If you are a registered member of the site, the content is free just by signing in below.

Please sign in with your Comment Member ID and password.

Did you purchase access?

Member ID:
Password:
Forgot Your Password?
Register to comment.

Purchase Access
To allow for flexibility, we offer a variety of options for purchasing articles:
Purchase options


Having trouble?

If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at archivedesk@shawmedia.com


Reader Poll

Do you plan to visit Sycamore Speedway this summer?

Already have
Yes
No