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
NRC Community Survey Has Been Extended!
Thriving commercial corridors and neighborhood business districts can support local communities across Chicago and Cook County. However, many commercial corridors are struggling. We are looking for your feedback and insight on how to revitalize and empower commercial corridors. Please take a moment to fill out this short survey so we can better understand the needs…
SUPPORT NEIGHBORHOOD BUSINESS DISTRICTS
SUPPORT NEIGHBORHOOD BUSINESS DISTRICTS BY REDUCING COMMERCIAL VACANCIES Struggling neighborhood business districts are often plagued by vacant properties. These commercial vacancies impact local economies, foster criminal activity and devastate communities. Local governments can reduce the property taxes owed by commercial property owners when their properties, or a portion of those properties, are vacant. While most…
REVITALIZATION IN THE NEWS: Illinois Announces $8.4 Million in Small Business Grants
“A strong pandemic economic recovery includes recognizing that some communities have long been denied their fair share of resources,” said Governor JB Pritzker. The Illinois Department of Commerce and Economic Opportunity has announced on Monday, January 10th that $8.4 million in new additional grants will be available to small businesses and commercial corridors. This is…
REVITALIZATION IN THE NEWS: New North Austin Community Center Moves Forward
“We saw kids were hopeless. We believe we will give kids the opportunity to find some hope…” The Chicago City Council has agreed to sell public land for one dollar and has provided approval for the development of the North Austin Community Center. The $31 million project is being developed as a partnership between…