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Revitalize Local Businesses and Neighborhoods

Thriving commercial corridors support local communities across Chicago and Cook County.  Prior to the pandemic, however, many corridors struggled.  As Chicago emerges from the pandemic and local communities confront a new economic landscape, a strong coalition of stakeholders is needed to advocate for policies and initiatives which will revitalize, empower and connect commercial corridors and neighborhoods.

  • Advocacy Initiatives:
    • Reduce Commercial Vacancies:  We are advocating for an ordinance that will reduce commercial vacancies in struggling Cook County commercial corridors.  One line and the ordinance
    • Encourage Local Investment: We are researching and formulating policies that will encourage local investment in local businesses and neighborhoods
    • Reduce Red Tape:  We are formulating policies to reduce red tape which impacts small businesses in struggling commercial corridors

Check out the full Neighborhood Revitalization Coalition (NRC) website here.

Insights Archive

WGN News Highlights Policy Change for Vacant Storefronts

By emma@sbacil.org | February 27, 2024

Help Us Reduce Vacancies in Local Communities! SBAC INSIGHTS PAGE WGN News Highlights Policy Change for Vacant Storefronts Vacant storefronts litter neighborhood business districts in disinvested communities, causing blight, impacting safety, and depressing economic activity. Because of the negative impact of vacant properties in neighborhoods across the city, a robust coalition of chambers and place-based…

Proposed Updates to Chicago’s Retailer and Food Vendor Rules

By natalia.borowska | February 19, 2024

Visit the BACP website SBAC INSIGHTS PAGE Proposed Updates to Chicago’s Retailer and Food Vendor Rules The Department of Business and Consumer Affairs (BACP) has published proposed updates to the City of Chicago’s Retailer Rules. The Department has also introduced certain rules for food vendors.   BACP is accepting public comments until February 26, 2024,…

The Debate Over The Chicago Real Estate Transfer Tax

By emma@sbacil.org | February 5, 2024

Download pdf here SBAC INSIGHTS PAGE Register for the SBAC Informational Webinar: The Chicago Real Estate Transfer Tax HERE. The Debate Over The Chicago Real Estate Transfer Tax Chicago is a tremendous city with a proud tradition. Our great city, however, faces multiple challenges, including persistent economic headwinds and an increase in homelessness. Economic development…

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