- Carry out policies and programs to support business retention and growth, and to support the vitality of West Chicago’s business districts.
- Where appropriate, integrate economic development support into all local development planning projects or initiatives, such as the West Chicago Strategic Plan, Central Main Street Redevelopment Plan, etc.
- Conduct economic studies and analyses such as market analysis, performance monitoring, growth capacity analysis, and business surveys.
The West Chicago Strategic Plan charts a new course for the West Chicago community. It is not an internal, municipal document. It is a collective vision for the entire community and details a variety of actions that can be implemented by everyone to improve their community — from neighborhood groups to business leaders, other taxing bodies to religious organizations.
West Chicago Strategic Plan – Economic Development Priorities (Pages 14-49)
Central Main Street Redevelopment Plan
The Plan, which was originally prepared in 2007, presents redevelopment scenarios for those properties located primarily along Main Street between the City’s traditional Downtown Central Business District area and the Route 59/Main street area. Because most of the property within the Plan area is City-owned and within the City’s Downtown TIF (Tax Increment Finance) District, the City is motivated to pursue redevelopment of this area.
In order to pursue redevelopment opportunities, the City must first complete this Plan update. The City desires to identify current market trends, appropriate incentives and other avenues to prepare for redevelopment of the Plan area. The properties within the Plan area, while strategically located near the commuter rail station and between two commercial activity areas, are currently underutilized. The City sees the Plan and eventual redevelopment as opportunities to strengthen and connect the two areas (traditional Downtown area and Route 59/Main street area), provide for additional real estate development and strengthen the community’s property tax base.
Central Main Street Redevelopment Plan – 1 of 3 (2007)
Central Main Street Redevelopment Plan – 2 of 3 (2007)
Central Main Street Redevelopment Plan – 3 of 3 (2007)
RFP – Central Main Street Redevelopment Plan Update – RFP period closed (2016)