Illinois launches $500M site readiness initiative to spur redevelopment

Illinois is launching a $500 million Site Readiness investment as part of its fiscal year (FY) 2026 balanced budget under Gov. JB Pritzker. The goal is to repurpose underutilized or state-owned properties to attract private investment, create jobs and revitalize local economies. The initiative includes two components, both of which offer substantial opportunities for economic […]