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ECONOMIC DEVELOPMENT

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The economic engine of Palatine is chugging along, just like the trains that travel up and down the railroad tracks through the community, multiple times a day. The village was particularly pleased to learn that Weber-Stephen Products, the maker of Weber barbeque grills, smokers and other associated products, is expanding and staying in Palatine. The company has relocated its headquarters into the former Schneider Electric campus at 1415 S. Roselle Rd. It is consolidating approximately 150 administrative employees from its original location on East Daniels St. and several other area locations into the new facility. Eventually, according to Michael Jacobs, Deputy Village Manager for Palatine, approximately 300 employees are expected to work in the new headquarters that will include offices, indoor parking, a test kitchen and an outdoor area for grilling. It will continue to manufacture products at its East Daniels St. location. “We wanted everyone under one roof again and we were thrilled to be able to find a location within Palatine because we don’t want to lose any of our employees because of a move,” said James Stephen, executive chairman of Weber-Stephen Products. “We also have a great relationship with the village. They have done everything within their power to encourage us to stay, so I am glad that we were able to do so.” “Weber-Stephen Products is an icon to this community, so it was exciting that they chose to move into a new, larger headquarters in Palatine,” Jacobs said. The redevelopment of the former Hotel Indigo and Hotel Bolero prop-

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erty along Route 53 at Northwest Highway into a senior housing facility to be called “The Grand at Twin Lakes” is another exciting bit of news for Palatine residents. The property had become tired and it struggled as a hotel; Jacobs feels that the senior facility will be a better use of the property and will also provide much-needed housing for the growing senior population. Numerous other Palatine retailers are shifting to new locations, but most are staying within the village, which Jacobs sees as an endorsement of the community and its continuing efforts to keep taxes low and to expedite the zoning and building permit review process. Steve Gaus, the new executive director of the Palatine Area Chamber of Commerce, agreed and acknowledged the Chamber’s cooperation with the village in helping to attract business to the community and retain it once it is here. “The Palatine Area Chamber of Commerce strives to be a resource for new businesses, as well as those that are moving and expanding. By fostering positive and cooperative on-going relationships with our local, state and county officials, as well as with property owners and commercial brokers, we can facilitate new connections and possibilities and make the Palatine area an even more attractive destination for business,” Gaus said. Among those choosing to remain in Palatine, but shifting locations is Hobby Lobby, which has moved from its Northwest Highway location in Palatine Plaza to the Deer Grove Plaza along Dundee Road this summer. Aldi will also move into Deer Grove Plaza soon.

www.palatinechamber.com

7/1/2016 12:45:45 PM


Palatine IL Community Guide