Issuu on Google+

N

ECONOMIC

New and exciting developments can be found throughout the Skokie community. From Touhy Avenue, to Downtown Skokie, Dempster Street and at the Westfield Old Orchard Mall, change is in the air. Business growth is up, vacancies are down and the excitement is contagious, said Tom Thompson, Skokie Economic Development Coordinator. A number of areas throughout the community are experiencing redevelopment, revitalization and resurgence. Building permit activity in Skokie for 2015 continued its robust trend of recent years, and 2016 is on pace to be another record-breaking year! DOWNTOWN SKOKIE Residents and visitors are invited to rediscover and enjoy all that Downtown Skokie offers this year following the recent completion of extensive infrastructure and streetscape improvements. The village invested over $9 million of local tax-increment financing (TIF) funds on infrastructure improvements, street paving, new street lighting, sidewalks with paver accents, improved parking, street furniture, enhanced landscaping, signage and more. Throughout the pedestrian-friendly downtown area visitors will find an eclectic mix of colorful street furniture including bright red Downtown Skokie benches, teal “S” bike racks and yellow accents on bus shelters. There are currently a total of 19 restaurants in and around Downtown Skokie, thanks in part to the village’s special incentive program to help attract new restaurants to the area. The unique, upscale Floral Avenue housing development is bringing new families to the Downtown community as new single-family residences are added just blocks from the entertainment, dining and retail Downtown hub. Construction of homes in phase two of the development on the east side of Floral Avenue began in early 2015. A number of new businesses have opened in Downtown Skokie

Development in the past several years, including Alexander’s Breakfast & Lunch, Edward Jones financial advisor Glen Roter, Kabul House Restaurant, Café Euro Echo, Metro PCS Cellular, North Branch Yoga and El Fuego Mexican Cuisine. A new, two-story walk-up Chase bank is expected to open on Lincoln Avenue in late 2016. These new star attractions join the many established businesses in the downtown shopping district, including Crafty Beaver, the Village Inn Pizzeria Sports Bar & Grill, Curragh Irish Pub, Margie’s Flowers and Skokie Ace Hardware. The Skokie Theatre continues to bring a wide variety of quality professional entertainment to Downtown Skokie under the leadership of owners Wendy Kaplan and Wayne Mell of Madkap Productions. Downtown Skokie will come alive with many events: Skokie Farmers Market, Fourth of July Parade, the Skokie Backlot Bash and more. For information on Downtown Skokie special events, visit www.downtownskokie.org.

JOHN N TERZIS

Investment Management

President/CEO 4500 W. Oakton St Skokie, IL 60076 (224) 935-9618 main (224) 534-6124 direct (847) 213-0715 fax john.terzis@lpl.com

Independence powered by LPL Retirement & Estate Planning • Insurance • Wealth Management www.OaktonInvestmentManagement.com Securities offered through LPL Financial, Member FINRA/SIPC. 12

SKOKIE Chamber of Commerce

IL-SKO-CW-16 Design.indd 12

2016-2017 Community Guide & Business Directory

6/27/2016 12:09:32 PM


Skokie il Chamber Profile