Venture & Schmale Redevelopment Area
This district was established in November, 1997 pursuant to the powers of the Village of Bloomingdale under the Illinois Jobs Recovery Law, based upon the Illinois Tax Increment Allocation Redevelopment Act. This TIF District is comprised of 3 parcels and is located on the south / southwest side of the village.
The Tax Increment Financing (TIF) District contains approximately 70 acres. It is generally bounded by the Illinois Central Railroad right of way on the north, Schmale Road on the east, and the Village of Carol Stream municipal boundaries on the west and on the south. It is more popularly known as the Klein Creek Industrial Park, and is home to Klein Creek Integrated, DuPage Machine Products and F.I.C. America, with about 580,000 square feet of space
Bloomingdale Business Center
Bloomingdale Business Center is comprised of over 16 acres of land located just north of the Venture Schmale Redevelopment area. It is completely developed with 2 businesses. The 2 businesses are Pickens-Kane and Elite Manufacturing - housing over 245,000 square feet.
Now Natural Foods and Bi-Link
This area contains 16.5 acres and is located on the far southeast corner of the village. Nearly 300,000 square feet of commercial office and distribution space is contained in 2 buildings on this site.