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Thriving commercial corridors play a crucial role in nurturing and sustaining local communities throughout Chicago and Cook County. In recent years, several of these corridors faced challenges, but as we move forward into a new economic era, it is vital to bring together a strong coalition of stakeholders. Their collective efforts will champion policies and initiatives aimed at revitalizing, empowering, and fostering stronger bonds within our commercial corridors and neighborhoods.

NRC Blog

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…

Support Chicago Small Businesses By Reducing Red Tape

By natalia.borowska | January 31, 2024

Download pdf here SBAC INSIGHTS PAGE SUPPORT CHICAGO SMALL BUSINESSES BY REDUCING RED TAPE Policymakers can support small businesses and revitalize neighborhood business districts by cutting red tape, streamlining processes, and reducing the costs of launching and expanding Chicago businesses. This is a crucial time to break down barriers that cause unnecessary hardships for local businesses…

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