vbrbph2ot cmx vmipdine- - egovlink.com · office use bulding ... w. touhy ave d oakton st main st...
TRANSCRIPT
Questions or comments? Please contact us!
Village of Skokie Economic Development Division
5127 Oakton Street, Skokie, Illinois 60077
847/933-8446
[email protected] and [email protected]
SKOKIEBIZSEMI-ANNUAL ECONOMIC DEVELOPMENT REPORT
YEAR-END 2017RECAP & NEW OPPORTUNITIES
1
SKOKIE OFFERS NEW EXPERIENTIAL RETAIL AND ENTERTAINMENT DESTINATIONS
The Village of Skokie welcomes three exciting new venues, creating more
entertainment options within already established and growing business districts!
CMX VIP Dine-In Cinema (4999 Old Orchard Center) opened its six-screen luxury
movie theatres over the recent holiday season, offering high-end recliners, Dolby
Atmos sound system, gourmet dining with in-theater wait staff, and other movie
viewing amenities.
Ignite Gaming (8111 Skokie Boulevard) is expanding its Chicago-based, highly
successful, state-of-the-art video lounge/virtual tournament/café/bar concept to
Downtown Skokie this spring.
And later this year, Altitude Trampoline Park (ie. sports/7037 Central Avenue), the
world’s premier trampoline facility and fun center, is set to open at Village Crossing.
Playing in Skokie has never been more fun!
In late 2017, it was announced that Westfield, the owner of Skokie’s Old Orchard Shopping Center, is being bought by French property investor Unibail-Rodamco for $15.7 billion. The deal creates a company with 104 shopping centers in 13 countries and brings in a projected 1.2 billion visits a year.
Target opened its first ‘flexible format’ Chicago suburban store next to Skokie’s Dempster St. CTA Station in October. At 33,000 S.F., the new store contains a CVS Pharmacy, baby care items, kids’ apparel, toys, sporting goods, health and beauty products, home decor, and more.
Downtown Skokie is becoming even more alive with a variety of new mural installations, such as this one at the Skokie Theatre (7924 Lincoln Ave.), the largest outdoor mural completed by renowned street artist Sick Fisher.
8000 NORTH UPDATEDowntown Skokie’s new
12-story mixed-used
residential development
at the corner of Lincoln
Avenue and Oakton
Street has received all
required approvals from
the Appearance and Plan
Commissions as well as the
Village Board. Construction
is scheduled to begin spring
2018, with first occupancies
anticipated for late 2019.
SKOKIEBIZSEMI-ANNUAL ECONOMIC DEVELOPMENT REPORT
OPPORTUNITY SITES FOR LEASE OR PURCHASE
YEAR-END 2017
Questions or comments? Please contact us!
Village of Skokie Economic Development Division
5127 Oakton Street, Skokie, Illinois 60077
847/933-8446
[email protected] and [email protected] 2
Local developer Northfield Group, Ltd. received a Tax Increment Financing (TIF) Note from the Village to support the new construction of this 40-unit mixed use apartment project is across from the Downtown Skokie CTA station. The building is scheduled for winter 2019 occupancy.
Already operating in Washington D.C., Nashville and Philadelphia, PressBox LLC opened its first Midwest location at 7520 St. Louis Avenue. This new automated dry cleaning service is designed to transform the way apartment dwellers get their clothing cleaned and pressed. Welcome, Pressbox!
Village staff represented Skokie at the annual International Conference of Shopping Center Owners (ICSC) in September and unveiled these vibrant new banners for an impressive booth backdrop, beautifully created by FastSigns of Skokie (3437 Dempster Street)!
A recent recipient of the Village’s Storefront Enhancement Program (SEP), Flawless Homes (4819 Main Street) opened in October and offers residential and commercial brokerage services, renovation products and construction, and financing assistance.
Note: For a map of the Village’s “Commercial Corridors” please see www.skokie.org/edmain.cfm
A. 8030 LAMON AVENUE
Redevelopment of a 146,071 square foot Research & Development/
Office Use Bulding
Located within the Downtown Science & Technology TIF District.
B. HILLWOOD DEVELOPMENT (3601 Howard Street)
New Development of a 236,912 square foot, Flex-Industrial Building.
Anticipated completion late 2018.
C. FORMER RUBY TUESDAY RESTAURANT
(5203 Old Orchard Road)
6,895 square foot, fully-equipped former restaurant attached to
Hampton Inn & Suites.
D. SE CORNER OF DEMPSTER STREET AT SKOKIE BOULEVARD
(4747 E. Dempster Street)
29,674 square foot building, (formerly Bank of America) on
approximately, a three acre redevelopment site.
Located within the West Dempster Street TIF District.
E. 4930 OAKTON STREET
40,237 square-foot, Office Building/ Redevelopment Site.
Located within the Downtown Science & Technology TIF District.
Evanston
Wilmette
SkokieMorton Grove
I 94
WilmetteWilmette
SkokieMorton Grove
I 94I 94I 94
4747DEMPSTER | Skokie, IL
+/- 3 ACRES IN SKOKIE, ILSUBLEASE OPPORTUNITY
• 1st Floor - 10,887 SF• 2nd Floor - 10,887 SF• Lower Level - 7,900 SF• Remote drive thru - 1,050 SF• +/- 108 parking stalls• B-3 Zoning
HARD CORNER SITE AVAILABLE
PREMIER REDEVELOPMENT OPPORTUNITY
FOR MORE IN
FORMATION:
adam
.cody@
am.jll.
com | j
ason.t
rombley
@am
.jll.co
m | zac
.lewins
ki@am
.jll.co
m
5203 OLD ORCHARD RD
SKOKIE, IL 6,895 SF AVAILABLE
56 Skokie Valley RoadHighland Park, Illinois 60035
www.MetroCRE.comINFORMATION:CONTACT Nathan Tonnies
[email protected] 847.849.1526
DEMOGRAPHICS 1 MILE 3 MILES 5 MILES
TOTAL POPULATION
DAYTIME POPULATION
HOUSEHOLDS
AVG HH INCOME
12,453
19,333
5,085
$101,236
136,279
116,397
51,897
$136,847
359,263
329,380
139,059
$125,709
TRAFFIC COUNTSOLD ORCHARD RD
I-94
29k VPD
150k VPD
COUNTAREA RETAILERS INCLUDE
PROPERTY HIGHLIGHTS• 6,895 Sq Ft former Restaurant
• Attached to Hampton Inn & Suites
• Direct Access from Edens Expressway (I-94)
• Just West of Westfield Old Orchard Mall
AVAILABLEAVAILABLE
94
50
41
14
94
EVANSTON
SKOKIE
W. Peterson Ave
W. Devon AveEDGEBROOK
W. Pratt Ave
W. Touhy Ave
Gross Point R
d
Oakton St
Main St
Dempster St
Church St
Simpson St
S k
o kie
Blvd
W. Howard St
Craw
ford
Ave
McC
orm
ick
Blvd
N.W
este
rn A
ve
N. Ridge Rd
N. Sheridan Rd
N. Clark St
Nile
s Cen
ter R
d
TO CHICAGO
SKOKIECommerce Center
N
DIVISIBLETO
60,000 SF
SKOKIE COMMERCE CENTER3601 Howard St | Skokie, IL 60076236,912 SF Available
Area Amenities» Prime urban in-fill location
» I-94 – two 4-way interchanges at Touhy Ave and Dempster St
» Site accessible off both Howard St and Touhy Ave
» Excellent access to Near North Suburban & Chicago submarkets
» Close proximity to Northwestern University and Loyola University
» 6B Real Property Tax Abatement
» Abundant labor force
» Employee amenities nearby (shopping, restaurants and transportation)
DIVISIBLETO
60,000 SF
9525 Bryn Mawr Ave | Ste 975 | Rosemont, IL 60018www.hillwood.com
Don Schoenheider | Senior Vice President | Midwest Market Leader 847.233.6301 (o) | [email protected]
For Leasing Information:
For Development Information:
9500 W. Bryn Mawr Ave | Ste 600 | Rosemont, IL 60018www.cushwake.com
Jason West | SIOR | Executive Managing Director847.518.3210 (o) | [email protected]
Steve Stone | Director847.720.1364 (o) | [email protected]
8030 Lamon Avenue – Build-to-Suit
Three-story 147,000 RSF Build-to-Suit Opportunity
Location
• Strategically located near Chicago with proximity to leading teaching and research hospitals, major universities, and leading pharmaceutical, medical device and diagnostic companies.
• Chicago Transit Authority rapid transit station is located adjacent to the Park for convenient access to Chicago and nearby Evanston.
• Close to major highways and O’Hare International Airport.
Mileage to Key Destinations
• Northwestern University: 5 miles
• O’Hare International Airport: 10 miles
• Downtown Chicago: 12 miles
Property Information
• 22-acre research campus features 661,000 square feet of laboratory and office space including the first LEED-Gold certified lab building in Illinois.
• Fiber optic backbone ensuring campus connectivity 24/7.
• Five build-to-suit sites offer the potential for an additional 1.3 million square feet of development.
• Beautifully landscaped campus with park spaces, outdoor seating areas and pedestrian walkways.
• 24-hour campus with on-site security.
• Dedicated conference center with 100-seat auditorium and full audio-visual capability.
• Abundant garage and surface-lot parking.
SKOKIEBIZSEMI-ANNUAL ECONOMIC DEVELOPMENT REPORT
SKOKIE BIZ-BITESYEAR-END 2017
Questions or comments? Please contact us!
Village of Skokie Economic Development Division
5127 Oakton Street, Skokie, Illinois 60077
847/933-8446
[email protected] and [email protected] 3
Haben Funeral Home and Crematory (8057 Niles Center Road) received the coveted Skokie Consumer Affairs Commission’s Business of the Year Award in the Fall of 2017 and is celebrating its 95th anniversary this year. Congratulations, Haben Funeral Home!
Pressed Latino Sandwich Shop and Cafe recently opened at 4845 Oakton Street in the former Bughouse Studio space. Owner Andrea Sales serves international and domestic coffees and teas, and offers a variety of delicious breakfast andCubano sandwiches.
Another recipient of the Village’s Storefront Enhancement Program, TeaRex (5237 Golf Road), opened in late 2017 in the former Duke’s Hot Dogs site. Local students and fans of bubble teas, waffles and other fun beverage options have given TeaRex a roar of approval!
When business is growing, expand! That’s what Heather Jackson, owner of Kaleidoscope Dance (3944 Church Street) did this past August, just in time for the fall enrollment season. Check out the new studio, that offers dance classes for all ages and abilities from infants to teenagers.
Did you know? Skokie now ranks in Crain’s Chicago Business Top 5 “Best Places to Buy a House”, which reviewed Chicago suburbs on five different metrics so that readers can determine which neighborhoods or suburbs fulfill their requirements. Skokie placed in the top five suburbs when High Diversity, Low Crime, Solid Price Growth and Short Commutes were set as top priority, and ranked well above the average ranking in all five categories. To view the interactive article, visit www.chicagobusiness.com.
In September 2017, the Village of Skokie marketing team received an “Award of Excellence” from the City-County Communications and Marketing Association (3CMA) for Skokie’s summer 2016 “Skokie: The Urban in Suburban” regional marketing campaign. Colorful signs promoting Skokie appeared on select CTA station platforms, and special ‘Skokie wraps’ covered six CTA buses. Skokie’s award application was selected from hundreds received from 3CMA members all around the United States.
The Illinois Science + Technology Park (ISTP)’s new owners, American Landmark Properties, have produced a new marketing video featuring the Park’s attributes and amenities, including its proximity to Downtown Skokie, Oakton CTA station, Skokie Public Library and Oakton Community College. Check it out here: https://www.youtube.com/watch?v=LhQ13etooSM.
Downtown Skokie NEW RESTAURANT ALERT includes Cravelane (5051 Oakton Street, adjacent to Krier Plaza, in the former Panino Blitz space), Pressed Latino Sandwich Shop and Cafe (4845 Oakton Street in the former Bughouse Studio space, see photo for description) and the recently opened Sugo Italian Street Market (4949 Oakton Street in the former Kabul House space). Cravelane emphasizes flavor and presentation and prefers locally sourced ingredients. The menu also features such items as spaghetti, chicken pesto, burgers, tuscan soup, greek salad and polenta. Sugo features authentic Italian street food as well as ‘build your own’ sandwiches, salads, pastas, along with a grocery sections for specialty sauces and breads. Rave reviews are already being reported for all three eateries.
The Village applauds the following Skokie businesses/organizations: Pita Inn, celebrates it’s flagship restaurant’s thirty-fifth anniversary at 4710 Dempster Street. Jet’s Pizza (4112 Dempster Street), celebrates it’s fifth anniversary in Skokie. And NAPCO (7315 Linder Avenue), the recipient of a 2017 “Chicago’s Best and Brightest Companies to Work For”. This award which honors organizations that display a commitment to excellence in their human resource practices, employee enrichment, communications, work-life balance, employee education, diversity, recognition, retention and more. Since 1979, NAPCO has been producing high quality bathtub refinishing coatings and equipment, right here in Skokie.
SKOKIEBIZ-BITES
SKOKIEBIZSEMI-ANNUAL ECONOMIC DEVELOPMENT REPORT
ANNOUNCED JOBS IN SKOKIEMAY - OCTOBER 2017
YEAR-END 2017
Questions or comments? Please contact us!
Village of Skokie Economic Development Division
5127 Oakton Street, Skokie, Illinois 60077
847/933-8446
[email protected] and [email protected] 4
ANNOUNCED JOBS IN SKOKIE*
Retail4955 Dempster Street
50 JOBS
Restaurant3616 Touhy Avenue
15 JOBS
Real Estate/Retail4819 Main Street
10 JOBS
Real Estate5031 Dempster Street
10 JOBS
Medical Sevice9933 Lawler Avenue
20 JOBS
Retail4999 Old Orchard Center
10 JOBS
Service/Retail3421 Church Street
8 JOBS
Medical Service9735 Skokie Boulevard
15 JOBS
Restaurant4999 Old Orchard Center
30 JOBS
Service8814 Gross Pointe Road
8 JOBS
Service5043 Warren Street
8 JOBS
Retail4999 Old Orchard Center
10 JOBS
Retail 5234 Touhy Avenue
25 JOBS
Medical Service5020 Dempster Street
15 JOBS
Retail4999 Old Orchard Center
20 JOBS
Restaurant5238 Touhy Avenue
45 JOBS
Service/Retail8042 Monticello Avenue
8 JOBS
Industrial7250 St. Louis Avenue
20 JOBS
* SELECTED REPORTED JOBS DATA FROM NEW BUSINESS OPENINGS: (8 EMPLOYEES OR GREATER)
TOTAL NUMBER OF SMALL BUSINESS OPENINGS WITH LESS THAN 8 EMPLOYEES: 49
Source: Village of Skokie Building and Economic Development Divisions
SKOKIEBIZSEMI-ANNUAL ECONOMIC DEVELOPMENT REPORT
REVENUEMAY - OCTOBER 2017
YEAR-END 2017
Questions or comments? Please contact us!
Village of Skokie Economic Development Division
5127 Oakton Street, Skokie, Illinois 60077
847/933-8446
[email protected] and [email protected] 5
$2.46M
JUL2017
$2.36M
AUG2017
$2.37M
SEPT2017
$2.38M
OCT2017
$2.55M
NOV2017
$3.42M
DEC2017
INCLUDES A SKOKIE 1% LOCAL TAX AND A 1.25% HOME RULE TAX
$118.5K
MAY2017
$138.3K
JUN2017
$124K
JUL2017
$83.1K
AUG2017
$115.3K
SEPT2017
$71.9K
OCT2017
SALES TAX RECEIPTS ($)
REAL ESTATE TRANSFER TAX RECEIPTS($)
The September 2017 opening of another ‘First to Chicago’s North Shore market’ store in Skokie, Skechers Factory Outlet (5234 Touhy Avenue) completed the transformation of the upgraded PepBoys shopping center, joining Real Urban Barbecue and Orangetheory Fitness.
The Village welcomed the Zhuhai (a province in China) delegation from the 21st Century Institute in September, which included a visit to the renowned Illinois Science + Technology Park, where delegates toured the park’s many exciting businesses.
One of the new and growing industries filling in former traditional retail space is Children’s Urgent Care (9735 Skokie Boulevard), which opened in June. This company provides ‘after hours’ walk-in pediatric care for patients between birth and twenty-one years of age.
Source: Village of Skokie Finance Department
SKOKIEBIZSEMI-ANNUAL ECONOMIC DEVELOPMENT REPORT
CONSTRUCTION ACTIVITYMAY - OCTOBER 2017
YEAR-END 2017
Questions or comments? Please contact us!
Village of Skokie Economic Development Division
5127 Oakton Street, Skokie, Illinois 60077
847/933-8446
[email protected] and [email protected] 6
CERTIFICATE OF OCCUPANCY PERMITS (CO/#)
CERTIFICATE OF OCCUPANCY PERMITS (CO/$)
The August solar eclipse was witnessed by many Chicago area residents and workers, including the hundreds of scientists, health professionals and life science researchers at Skokie’s beautiful Illinois Science + Technology Park!
The Skokie Backlot Bash continues to offer “back-to-school, family-themed fun in the Village” during the last weekend in August. Each year, thousands of people enjoy free music performances, rides, food, a fun run and games in beautiful Downtown Skokie. The ever-growing craft beer tent is always a crowd favorite!
The second annual ‘Cops with Kids’ program sponsored by the Skokie Police Department rewards local students recommended by their schools with a $100 gift card to shop for holiday gifts for themselves and their families. In late 2017, more than 75 children shopped at Walmart Superstore (3626 Touhy Avenue).
Source: Village of Skokie Community Development Department
12
14
8
10
12
6
15
10
5
MAY2017
JUN2017
JUL2017
AUG2017
SEPT2017
OCT2017
CERTIFICATE OF OCCUPANCY (CO) PERMITS ISSUED BY VILLAGE (TOTAL 62)
MAY - OCTOBER 2017
VALUE OF PERMITS ISSUED/CONSTRUCTION ACTIVITY BY SECTOR
MAY - OCTOBER 2017
INSTITUTIONAL
OTHER/INDUSTRIAL
RESIDENTIAL
RESTAURANT
COMMERCIAL51281173+D$56.5MCONSTRUCTION
VALUE OF PERMITS ISSUED
31M
15M
6M
1M3.5M