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Tag: economic development

Pritzker announces program to promote development-ready ‘megasites’

Pritzker announces program to promote development-ready ‘megasites’

— February 7, 2023

SPRINGFIELD – Gov. J.B. Pritzker on Monday, Feb. 6 announced the creation of a $40 million grant program to incentivize the creation of large development-ready areas known as “megasites”…

  • Report says green infrastructures can promote environmental justice

    Report says green infrastructures can promote environmental justice

    — October 27, 2020

    Changing weather patterns in Illinois are leading to increased precipitation which means more flooded streets, water in basements, and headaches for cities. But one increasingly popular…

  • Chicago residents fight to end controversial TIF plans

    Chicago residents fight to end controversial TIF plans

    — November 25, 2019

    Tom Tresser simply doesn’t quit. He has been turned down for funding 30 times at the local and national levels, yet his work to stop a controversial development tool continues. Tresser…

  • Tax law could bring ‘impact investing’ to Metro East region

    Tax law could bring ‘impact investing’ to Metro East region

    — June 6, 2018

    A dozen economically depressed Metro East census tracts have been designated “Opportunity Zones” (OZs) by the U.S. Department of Treasury. Established under the Federal Tax Cuts…

  • Eureka proposes special tax to spur redevelopment

    Eureka proposes special tax to spur redevelopment

    — February 21, 2018

    The proposal of a taxing business district has Eureka business owners at loggerheads with city officials as they work to improve a plan that began with a rocky start.  On Jan. 9 at…

  • Organization helps spur economic development on South Side

    Organization helps spur economic development on South Side

    — December 2, 2019

    Amidst the growing concerns about the future of middle-class neighborhoods in Chicago, the Greater Chatham Initiative is working directly with local developers to reverse the trends….

  • Pritzker unveils five-year economic plan, touts ‘strong job growth’

    Pritzker unveils five-year economic plan, touts ‘strong job growth’

    — October 14, 2019

    SPRINGFIELD — Gov. J.B. Pritzker’s Department of Commerce and Economic Opportunity introduced a five-year economic plan this week, focusing on six industries that can boost the…

  • Eyes on long-term job growth at Bloomington-Normal economic council

    Eyes on long-term job growth at Bloomington-Normal economic council

    — April 25, 2018

    A six-year veteran of the Bloomington-Normal Economic Development Council will begin overseeing the influential organization next week. Mike O’Grady, however, says he is keeping the…

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