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project: trefzgers bakery

financial tools used for development

Tax Incremental Financing (TIF)

Tax Incremental Financing (TIF)

Tax Incremental Financing (TIF)

Enterprise Zone (EZ)

Tax Incremental Financing (TIF)

Tax Incremental Financing (TIF)

Special Service Area (SSA)

Tax Incremental Financing (TIF)

MACRO Economic Development Loan (Peoria County)

MACRO Economic Development Loan (Peoria County)

MACRO Economic Development Loan (Peoria County)

MACRO Economic Development Loan (Peoria County)

SBA 504 Loan

MACRO Economic Development Loan (Peoria County)

SBA 504 Loan

Bank Loan

MACRO Economic Development Loan (Peoria County)

SBA 504 Loan

Investors

Investors

Investors

Trefzgers Bakery Development in Peoria Heights, IL was a collaboration with the owners of Trefzgers Bakery on their new location in Peoria Heights to expand their current operations and add Trailside Event Center.  The 1895 year old building embodied the history and German heritage the owners desired and proposed problems with contenting the highest lead base paint content in the state, fire damage and many more challenges that only a historic building can present.  The Kim Group carefully designed, developed, financially structured, constructed and manages this remarkable new development.  The Kim Group's vision goes beyond the four walls in creating a vibrant hub that beckons other small businesses and budding entrepreneurs seeking a prime location within Peoria Heights.  

Photo Gallery - "before" photos of trefzgers bakery

Photo Gallery - "after" photos of trefzgers bakery


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