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Streator preps for Hilton Hotel project


 
STREATOR – The city of Streator is preparing their Northpoint Tax Increment Financing District for a hotel in the future. The proposed 82-room Hilton Tru hotel at Northpoint Plaza is expected to move forward according to City Engineer Jeremy Palm. By next year, he says he plans to propose the transfer of $275,550 from the downtown TIF district to the Northpoint TIF district to to prepare for the potential hotel. Palm says the cash comes from the left over $1.3 million bond the city sold in 2017.

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