Screenshot 2026-01-15 at 4.48.23 PM

Monee Board Approves $1 Million Incentive Package to Renovate Hotels

Spread the love

Monee Village Board Meeting | January 14, 2026

Article Summary: The Monee Village Board has approved redevelopment agreements with the owners of the Quality Inn and Super 8 motels, offering up to $1 million in total Tax Increment Financing (TIF) reimbursements to fund extensive renovations. The owners plan to use the funds for exterior and interior upgrades, including windows, roofing, and signage.

Monee Village Board Key Points:

  • Reimbursement Deal: The Village approved two separate agreements with Sai Corporation, authorizing up to $500,000 in reimbursements for each of the two hotels.

  • Upfront Funding: The developer will receive $245,000 per hotel (490,000 total) to purchase materials immediately, with the remainder paid through disbursements as work is completed.

  • Scope of Work: Renovations include window replacement, parking lot repairs, landscaping, new flooring, roof repairs, and upgrades to exterior lighting and signage.

  • Owner Praise: Trustees praised the Patel family’s hands-on management and noted a decrease in police calls to the properties since they took ownership.

The Monee Village Board of Trustees voted unanimously on Wednesday, January 14, 2026, to approve major financial incentives aimed at revitalizing two hotels on Monee-Manhattan Road.

The Board authorized redevelopment agreements with Sai Corporation for the Quality Inn and the Super 8 motel. Under the terms of the agreements, the owners are eligible for up to $500,000 in reimbursement for each property, totaling $1 million. The funds will be drawn from TIF District 5, which designates tax revenue specifically for economic development and blighted area improvements.

Village Attorney Larry Gryczewski outlined the terms, noting that the owners requested $245,000 upfront for each hotel to order supplies and materials immediately.

“Miss Patel has indicated it’ll be used for windows, landscaping, some roof repairs, all TIF eligible costs,” Gryczewski said.

To protect the village’s investment, the agreement includes a repayment plan if the owners leave the village within five years and a requirement to maintain insurance. Additionally, the owners agreed to a new stipulation: providing the village with monthly reports on hotel occupancy rates and gross receipts.

Trustees expressed strong support for the project, citing the visible improvements and management style of the current owners, the Patel family.

“I can’t tell you how many people have come up to me… and thanked me for this too, because it’s that noticeable,” Trustee Scott Youdris said regarding recent improvements. Trustee Heidi Gonzalez added that she was impressed by the owners’ detailed knowledge of daily operations during a site visit.

Trustee Michael Wilson highlighted the broader impact. “What they’ve done on their own without any subsidies from the village is monumental,” Wilson said. “It’s good to see that investment within the village.”

Leave a Comment





Latest News Stories

Autism care providers, parents urge change in ownership mandate

Autism care providers, parents urge change in ownership mandate

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Autism care providers and parents say a crisis is looming for Illinois’ network of services. Dr. Rebecca...
Illinois Quick Hits: Bears want more from state

Illinois Quick Hits: Bears want more from state

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Chicago Bears say a megaprojects bill passed by the Illinois House needs additional amendments in order...
Will County Board Graphic.04

Will County Board Approves Controversial Solar Farms Following Court Mandate

Will County Board Meeting | April 16, 2026 Article Summary: Under the strict constraints of a court-issued writ of mandamus, the Will County Board grudgingly approved multiple special use permits...
Bears, megaprojects tax incentive bill heads to Senate after clearing House

Bears, megaprojects tax incentive bill heads to Senate after clearing House

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois House has passed legislation to provide tax incentives for the Chicago Bears and other megaprojects...
House Dems pass redistricting amendment GOP says will lead to more gerrymandering

House Dems pass redistricting amendment GOP says will lead to more gerrymandering

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Democrat state legislators say they are one step closer to standing against attacks on voting rights after...
Illinois Quick Hits: Governor announces green tax credits for film and TV

Illinois Quick Hits: Governor announces green tax credits for film and TV

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker has announced a new 5% tax credit to incentivize green film and television production....
‘Plaintiffs’ lawyer paradise:’ IL lawsuit-friendly courts jack up costs, report says

‘Plaintiffs’ lawyer paradise:’ IL lawsuit-friendly courts jack up costs, report says

By Jonathan Bilyk | Legal NewslineThe Center Square Illinois is falling behind the rest of the country at reforming its court system, and in some ways is headed in the...
AG candidate seeks to reform SAFE-T Act

AG candidate seeks to reform SAFE-T Act

By Sean Reed | The Center SquareThe Center Square (The Center Square) – An Illinois attorney general candidate launched a new initiative to reform the SAFE-T Act. The law enacted...
Op-Ed: Senate Bill 3070 provides sensible solution for students, manufacturers

Op-Ed: Senate Bill 3070 provides sensible solution for students, manufacturers

By Ben BarnettThe Center Square Illinois manufacturers face a serious problem. We have modern, high-tech facilities running at full capacity, but we struggle to find the young talent needed to...
peotone library graphic logo.4

Meeting Summary and Briefs: Peotone Public Library District for March 19, 2026

Peotone Public Library District Meeting | March 19, 2026 The Peotone Public Library District Board of Trustees addressed a series of administrative and financial housekeeping items during its regular meeting...
Illinois millionaire’s tax moves closer to November ballot

Illinois millionaire’s tax moves closer to November ballot

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A measure giving Illinois voters the opportunity to consider a millionaire’s tax is one step closer to...
(Photo by Chad Merda)

Oldest preserve expansion pushes acreage past 24,000 milestone

The Forest Preserve’s first acquisition of the year not only expands the District’s oldest preserve, it also pushes total acreage past the 24,000 mark. On March 27, the Forest Preserve...
Crete Monee Warriors Softball Graphic

Crete-Monee Erupts for 13-Run First Inning in 23-2 Rout of Thornton

The Crete-Monee varsity softball team put on an overwhelming offensive showcase Monday, batting around the order multiple times to secure a 23-2 road conference victory over Thornton in a four-inning,...
Crete Monee Warriors Baseball Graphic

Crete-Monee Runs Wild in 17-2 Rout of Thornton Behind 18 Stolen Bases

The Crete-Monee varsity baseball team put on an offensive clinic and wreaked havoc on the basepaths Monday, cruising to a dominant 17-2 road conference victory over Thornton. Crete-Monee combined timely...
peotone library graphic logo.1

Peotone Library Board Approves Up to $15,000 for Feasibility Study

Peotone Public Library District Meeting | March 19, 2026 Article Summary: The Peotone Public Library District Board authorized a reallocation of up to $15,000 from the Special Reserve Fund to...