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
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…
Chicago businesses are feeling the effects of supply-chain slowdowns
“Small businesses are just having a tremendously difficult time getting the supplies that they need to run their business, and, of course, this is even more concerning with the holiday season approaching,” said Elliot Richardson, president of the Small Business Advocacy Council in Chicago. He said the supply-chain problems are impacting all kinds of retailers.…
REVITALIZATION IN THE NEWS : South Shore
REVITLIZATION IN THE NEWS Residents in the South Shore are taking revitalization into their own hands, revitalizing vacant spaces in their community. Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including neighbors taking a redevelopment project into their own hands and more. …