Small Town. Expansive Opportunity.
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Boom Town Growth
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Village of Mahomet

Mahomet is the fastest growing community in Central Illinois. Mahomet’s ideal location between Bloomington-Normal, Champaign-Urbana and Decatur provides residents with employment options and businesses with access to top talent and ease of transportation. The 14,000 area residents enjoy the small town quality life with great schools and recreation opportunities unique to central Illinois. With our $35 million leakage for retail trade and food and drink, our low cost of living, and an average household income $30K above the state average, you not only have tremendous spending power – you have a great opportunity for retail and commercial businesses. Hundreds of acres are shovel ready with landowners flexible in their role in the development process. With a population growth rate of 50% every ten years since 1980, there is no better time to be in Mahomet.

TIF District

The East Mahomet Commercial Corridor runs along U.S. Route 150 (Oak Street) south of Interstate 74 and much of the frontage is in a TIF District. With roadway improvements to Oak Street in 2012-2014, the Village extended water mains, sanitary sewers, and conduit for fiberoptic cable internet service. The TIF district in this area offers a rebate structure on infrastructure for commercial development and flexible zoning.
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Economic Development Strategy

Mahomet is no longer a small bedroom community of Champaign-Urbana. In an effort to encourage commercial development, a TIF district was established, millions of dollars have been invested in utility extensions and upgrades and street improvements, and development agreements are becoming a key strategy to find win-win-win situations for the developer, the residents and the Village. We are committed to facilitating commercial development and investment in Mahomet.
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Development Opportunities

Vacant land * Listed properties * Unlisted opportunities * Local owners * Infill lots up to 14 acres * Interstate interchange lands * Large parcels with flexibility for subdividing * Landowner/developers for build to suit * Hundreds of acres of vacant property with all utilities available. Small Town. Expansive Opportunities.
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"Thanks to the Village of Mahomet for working with us to get our wine and paint party business, Paint Like Me, established in Mahomet. They were very responsive and willing to work with us. They worked with us to get a BYOB license established which was extremely critical to our business. We had an idea and just approached the Village with it and they were very willing to work with us. 
Mike and Elizabeth McDermith, Owners of Paint Like Me Party!"
 
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