SKOKIEBIZ

Transcription

SKOKIEBIZ

SKOKIEBIZ
MID-YEAR 2016
NEW RANKINGS & OPPORTUNITIES
SEMI-ANNUAL ECONOMIC DEVELOPMENT REPORT/VOL. III
HAPPY ONE-YEAR ANNIVERSARY, SKOKIEBIZ!
In the first half of 2016, the Village of Skokie continued to build on momentum
generated in 2015 with increased construction projects in all sectors as well as
recording notable sales and investment dollars. A prestigious new Midwest ranking
and expanded communications with the national retail and international business
community also have highlighted Skokie as a strong and viable location for new
retail, industry and office users.
Skokie’s Optima Old Orchard, 9739 Woods Drive, is
home to suburban Chicagoland’s priciest condo at $2.3
million. The 4,000-square-foot penthouse is situated in
one of three interlaced 20-story steel and glass towers
(600+ units), designed and developed by David Hovey,
and towering over the Edens Expressway.
TARGET IS COMING TO DEMPSTER STREET!
Skokie will soon welcome a new 33,000-square-foot Target store to the southwest
corner of Dempster Street and Bronx Avenue in the heart of the Village’s West
Dempster Tax Increment Financing (TIF) District. This will be Target’s first suburban
Chicagoland store developed under its new ‘flexible-format’ concept and will
include a pharmacy and order pick up service as well as ‘grab and go’ food items.
Located in a densely populated neighborhood in a transit-oriented district,
the store will have two prominent entrances from Dempster Street and at the
southwest corner of the building facing the CTA Yellow Line station. Developed
by BlitzLake Partners, Chicago, the store will be supported by 77 surface parking
spaces and is expected to open in 2017. The new Skokie Target will produce
significant sales and property taxes for the community as well as 50 to 70 jobs.
Welcome, Target!
In June, over 350 local runners participated in the
3rd annual Dan Horyn’s Skokie Swift 5K through the
beautiful Illinois Science + Technology Park campus and
along the soon-to-be expanded Skokie Valley Trail bike
and walking path.
The patio at Downtown Skokie’s Euro Echo Café, 7919
Lincoln, is now open! Serving delicious coffee, paninis,
gelato and more, this new independently-owned and
operated coffeehouse is located across the street from
the iconic Skokie Theatre.
Questions or comments? Please contact us!
Village of Skokie
Economic Development Division
5127 Oakton Street, Skokie, Illinois 60077
847/933-8446 ([email protected])
www.skokiebiz.org
SKOKIEBIZ
All aboard! Hammer Made, a popular upscale
Minnesota-based men’s clothing retailer, will open
its first Chicago store at Westfield Old Orchard in late
2016. The mall generated retail sales in excess of $2.6
billion in 2015, making it the fifth highest regional
shopping center sales generator in Chicagoland.
Fifteen new Floral Avenue houses have been sold,
built and/or occupied by residents who have largely
relocated here from outside Skokie and from either
U.S. coast. In May, Skokie Patch reported that this
Downtown redevelopment area was named the
Village’s “Most Expensive Street” based on 2015
housing sales with an average home cost of $647,000.
The Dempster Street Yellow Line CTA station celebrated
the opening of the Village’s sixth Dunkin’ Donuts in
February with these two train riders, who quite clearly
are running on Dunkin’.
MID-YEAR 2016
NEW RANKINGS
FOR SKOKIE
RANKED
#1
IN TOTAL RETAIL SALES GROWTH (12.7%)
AMONG THE TOP 20 CHICAGOLAND
SUBURBS (2014-2015) NOTE: $182M
INCREASE OVER 2014
RANKED
#4
IN TOP 23 CORE MALL MARKETS
(WESTFIELD OLD ORCHARD) RETAIL
SALES GROWTH (8.29%) NOTE: $200M
INCREASE OVER 2014
RANKED
#5
IN TOTAL DRINKING AND EATING PLACES
SALES GROWTH (7.4%) IN TOP 20
CHICAGOLAND SUBURBS NOTE: $12M
INCREASE OVER 2014
RANKED
7TH
IN HIGHEST MEDIAN INCOME ($76,867)
OUT OF THE TOP 20 WEALTHIEST
MIDWEST COMMUNITIES IN U.S. WITH
POPULATIONS OVER 65,000
RANKED
8TH
IN HIGHEST MEDIAN HOME PRICE
($255,300) OUT OF THE TOP 20
WEALTHIEST MIDWEST COMMUNITIES IN
U.S. WITH POPULATIONS OVER 65,000
Source: 2016 Melaniphy & Associates Retail Sales and Report and NerdWallet.com
Village of Skokie
www.skokiebiz.org
SKOKIEBIZ
MID-YEAR 2016
SKOKIE BIZ-BITES
SKOKIE BIZ-BITES
Did you know? This past spring, Skokie was named one of the Top 20 Wealthiest
Communities in the Midwest by NerdWallet.com, a web-based, consumer-driven
financial information source, that evaluated median household income, home values,
mortgages and credit availability for 475 American cities with population in excess
of 65,000. Skokie placed 11th overall, ahead of Schaumburg, Illinois; Minneapolis,
Minnesota and Madison, Wisconsin.
It’s five o’clock somewhere! During Chicagoland’s Craft
Beer Week, Mayor George Van Dusen and staff recently
visited a brewery interested in opening in Skokie.
The Illinois Science + Technology Park (IS + TP) celebrated its 10-year anniversary by
approaching the 1,500 employee mark with primary tenants NorthShore University
HealthSystem and German-based Fresenius Kabi both increasing their workforce by
over 10 percent since 2014. Over 85 percent of the IS + TP campus is leased and several
tenants, including Vetter Pharma and Hazel Technologies, LLC, are expanding their
operations while receiving notable awards and investments. For more information visit
www.scienceparkillinois.com.
The Village of Skokie has kicked off its new Storefront Enhancement Program for
commercial corridor properties located outside of the Village’s TIF Districts. Financial
incentives to encourage rehab, redevelopment and overall structural improvements
within existing buildings are available on a first-come, first-served basis and must
meet certain criteria. For more information, please contact the Skokie Economic
Development Division at 847/933-8447.
The owners of AMC Showplace Village Crossing
18 movie theatres (7000 Carpenter) have recently
upgraded their entertainment offerings to include a
full-service MacGuffin’s Bar and Lounge.
Results from the Village’s 2015 Citizens Survey conducted by the National Research
Center, Boulder, Colorado, show that residents rank Skokie above national benchmarks
for shopping and employment opportunities, land use, code enforcement and
planning/zoning decision-making, and mobility access (including traffic flow, travel by
car/bicycle, ease of walking, pubic parking and walking trails).
The Skokie Economic Development Commission and Village Staff are nearing
completion of a Targeted Economic Development Strategy which will recommend
ways to improve the Skokie and regional economies in an innovative manner, focusing
on business development, municipal revenue expansion, employment growth/
workforce development and marketing/branding opportunities for the community.
Staff from the Skokie Fire, Health and Police
Departments recently participated in employee
wellness/enrichment, fire safety and crime prevention
events at Federal-Mogul Corporation (7450
McCormick) and Georgia Nut Company (7500 Linder).
The Skokie Telecommunications and Technology (STAT) Commission advises the Village
Board on telecommunication and technology matters affecting the Skokie community.
The STAT Commission produced the 2015 Skokie Smart Manufacturing Summit, host
bi-annual utility bill clinics to advise utility customers on cost saving strategies and
is currently working on an alternative energy info event with a scheduled date to be
announced soon.
Village of Skokie
www.skokiebiz.org
SKOKIEBIZ
MID-YEAR 2016
ANNOUNCED JOBS IN SKOKIE
NOVEMBER 2015 - APRIL 2016
SELECTED REPORTED JOBS DATA FROM NEW BUSINESS OPENINGS OF 10 EMPLOYEES OR GREATER
ANNOUNCED JOBS IN SKOKIE
Crafts Manufacturer
7603 New Gross Point Road
Education
8233 Central Park Avenue
50 JOBS
50 JOBS
Retailer
4825 Golf Road
Health Care
8708 Skokie Boulevard
30 JOBS
30 JOBS
Service
3843 Oakton Street
Health Care
9933 Lawler Avenue
30 JOBS
25 JOBS
Retailer
4999 Old Orchard Center
Restaurant
4445 Golf Road
20 JOBS
20 JOBS
Health Care
3424 Oakton Street
Retailer
3540 Touhy Avenue
20 JOBS
18 JOBS
Retailer
IT Consulting
7550 Linder Avenue
15 JOBS
15 JOBS
Manufacturer
5423 Fargo Avenue
15 JOBS
ML Group Design
+ Development
Business Services
3424 Oakton Street
12 JOBS
Retailer
9522 Skokie Boulevard
Retailer
10 JOBS
10 JOBS
Retailer
10 JOBS
Retailer
10 JOBS
TOTAL NUMBER OF SMALL BUSINESS OPENINGS WITH LESS THAN 10 EMPLOYEES: 43
Village of Skokie
www.skokiebiz.org
MID-YEAR 2016
SKOKIEBIZ
REVENUES
SALES TAX RECEIPTS ($)
Source: Village of Skokie Finance Department
Aw Yeah Comics (4933 Oakton) recently ranked in the
“Top 10” among Chicago’s best comic book stores and
celebrated by hosting a four-year anniversary event
this spring. Spiderman and visitors from as far away as
London lined up around the block to meet well-known
comic book authors and purchase comic books and
other merchandise..
Note: Includes State of Illinois 1% and Home Rule 1% Collected.
REAL ESTATE TRANSFER TAX RECEIPTS ($)
Making way for Chick-fil-A and several other retailers,
the longtime former home of Don’s Fishmarket and
Comfort Inn was razed this spring to accommodate
new plans along booming Skokie Boulevard.
ADAR-IT, a cloud-computing company, and Solus
International, a leading provider of Chicago IT
consulting services, recently established their joint
headquarters at 8001 Lincoln Avenue. Both firms
serve small- and mid-sized businesses from around
the globe.
Village of Skokie
www.skokiebiz.org
SKOKIEBIZ
MID-YEAR 2016
CONSTRUCTION ACTIVITY
Source: Village of Skokie Community Development Department
CERTIFICATE OF OCCUPANCY (CO) PERMITS
The Curragh Irish Pub (8266 Lincoln) recently
celebrated its 8th anniversary in Skokie. The Curragh
also has locations in Edison Park, Glenview and in
Holland, Michigan.
CERTIFICATE OF OCCUPANCY (CO) PERMITS ISSUED B
Y VILLAGE (TOTAL 122)
The Skokie Chamber of Commerce held their March
‘before hours’ networking session at Room and Board
(10071 Skokie Blvd.), which, 30 years after opening,
continues to offer exceptional contemporary furniture
and accessories ‘designed to fit modern life’.
Hazel Technologies, LLC, a clean-tech start up working
to reduce food waste and one of the IS+TP’s incubator
companies, recently received the top $500,000 prize at
the Clean Energy Trust’s annual Chicago meeting for its
market-ready biodegradable container products.
Village of Skokie
www.skokiebiz.org
MID-YEAR 2016
SKOKIEBIZ
UNEMPLOYMENT STATS
UNEMPLOYMENT STATS
This past spring, the Skokie Public Library and the
Village of Skokie co-sponsored a panel discussion
entitled, “How to Finance Your New or Expanding
Business” for local entrepreneurs featuring Small
Business Admnistration, banking, accounting and legal
advisors.
Source: Illinois Department of Employment Security.
Retail
Opportunity
Sites
on Dempster
Street
Retail Opportunity
Sites
for Dempster
and Oakton
Streets
OLD ORCHARD
Dempster St
Skokie Blvd
!
In March, representatives and supporters of the
Washington, DC-based AgingWell Hub met at
StreetScape’s Lincoln Avenue showroom to discuss
ways to deliver innovative connected solutions and
services for ‘aging well, in place’. Renowned ‘Not So Big
House’ architect Sarah Susanka was a featured speaker.
Evanston Golf Club
Main St
Illinois
Science + Technology
Park
Public Library
!
!
Village of Skokie
!
McCormick Blvd
Over the past year, the Skokie Theatre hosted over
11,000 visitors, with over 60 percent of these patrons
coming from zip codes outside of Skokie. MadKap
Productions, the Theatre’s owner, continues to book
top Chicagoland acts and produce a popular annual
four-play subscription series.
City of Evanston
SKOKIE
Westfield Old Orchard Shopping Center
St
Oakton
Interested in these sites? Please contact the Skokie Economic Development
Division
at 847/933-8446.
!
Village Hall
Oakton Community College
Village of Skokie
www.skokiebiz.org
n
ol
nc
Li
!!
e
Av
Touhy St

SKOKIEBIZ

Transcription

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