THE BARLOW
PARTNERSHIP WITH THE TOWN OF PLAINFIELD | COMPLETED 2020
INVESTMENT
$20M+
CLASS-A APARTMENTS
116
COMMERCIAL SF
3,030
LEASED FIRST 45 DAYS
100%
The Barlow served as the catalyst for the Town’s Downtown Redevelopment Plan. Rebar, with backing from the Town, assembled and acquired thirteen individually owned parcels, which encompassed the project site.
The public-private partnership deal structure included:
Town-backed TIF Bond contributed for project costs
Town vacated then dedicated ROWs and alleys to Rebar for the project
Town waived municipal impact and development-related fees
Town paid for all public infrastructure improvements for the Project, including stoplight signal, intersection improvements, utility relocations, and utility capacity modifications
“Today is a historic day in Plainfield and a significant milestone in the implementation of the Downtown Redevelopment Plan,” said. “The Barlow is a high-quality development project that ushers in the next era for our downtown and surrounding neighborhoods. Momentum is building in Plainfield.”
-Robin Brandgard, Town of Plainfield Council President
THE BARLOW IN THE NEWS:
CONTACT REBAR DEVELOPMENT
Rebar Development is actively seeking new opportunities. Let’s work together!