ECONOMIC DEVELOPMENT & HOUSING

Good strategy moves places forward.

We connect economic insight with planning and design to help clients understand market realities, identify opportunities, and make informed decisions about growth and investment. From downtown revitalization to housing and redevelopment, our work turns goals into practical strategies for what comes next.

OUR APPROACH

Vision meets viability.

Good ideas need more than a compelling plan. Teska connects market conditions, public resources, and development opportunities to help clients understand what it takes to move from vision to investment.

With deep experience in housing and community development, we support land banks across Illinois, develop market studies for affordable and market-rate housing, and bring practical insight to TIF, SSAs, and public-private partnerships. The goal is simple: strategies that are achievable, not just attractive.

Red brick residential buildings with white trim, black iron balconies, and a tree-lined sidewalk.
Red brick residential buildings with white trim, black iron balconies, and a tree-lined sidewalk.

OUR EXPERTISE

From strategy to investment.

Our work brings economic perspective to planning and development decisions, helping communities and private partners understand investment opportunities, evaluate options, and establish priorities grounded in market realities.

» Economic Development Strategy

» Tax Increment Financing (TIF) & Analysis

» Special Service Areas (SSAs)

» Market Analysis

» Capital Improvement & Phasing Strategies

» Public-Private Partnership Guidance

» Housing Studies

» Affordable Housing Policy 

» Land Bank Technical Assistance

Explore Our Work
Explore Our Work
A row of modern multi-story apartment buildings with gray siding and white trim, surrounded by trees and a clear blue sky.
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  • "I would strongly recommend Teska. While we learned more about community development practices and techniques, this consultancy went beyond that by helping us better understand the community in which we are building - engaging in meaningful conversations with community leaders. One of the outcomes was a community development strategy that has specific, actionable items we can tackle this coming year."

    — Habitat for Humanity Chicago

  • Map of a community or campus area showing street names, buildings, roads, parking lots, green spaces, and numbered points of interest.
  • A detailed digital rendering of an urban residential area with multiple apartment buildings, parking lots, roads, green spaces, and small commercial structures.