YEAR-END 2017 SKOKIEBIZ RECAP & NEW OPPORTUNITIES SEMI-ANNUAL ECONOMIC DEVELOPMENT REPORT

SKOKIE OFFERS NEW EXPERIENTIAL RETAIL AND ENTERTAINMENT DESTINATIONS

In late 2017, it was announced that Westfield, the owner of Skokie’s Old Orchard Shopping Center, is being bought by French property investor Unibail-Rodamco for $15.7 billion. The deal creates a company with 104 shopping centers in 13 countries and brings in a projected 1.2 billion visits a year.

The Village of Skokie welcomes three exciting new venues, creating more entertainment options within already established and growing business districts! CMX VIP Dine-In Cinema (4999 Old Orchard Center) opened its six-screen luxury movie theatres over the recent holiday season, offering high-end recliners, Dolby Atmos sound system, gourmet dining with in-theater wait staff, and other movie viewing amenities. Ignite Gaming (8111 Skokie Boulevard) is expanding its Chicago-based, highly successful, state-of-the-art video lounge/virtual tournament/café/bar concept to Downtown Skokie this spring. Target opened its first ‘flexible format’ Chicago suburban store next to Skokie’s Dempster St. CTA And later this year, Altitude Trampoline Park (ie. sports/7037 Central Avenue), the Station in October. At 33,000 S.F., the new store world’s premier trampoline facility and fun center, is set to open at Village Crossing. contains a CVS Pharmacy, baby care items, kids’ apparel, toys, sporting goods, health and beauty Playing in Skokie has never been more fun! products, home decor, and more. 8000 NORTH UPDATE Downtown Skokie’s new 12-story mixed-used residential development at the corner of Lincoln Avenue and Oakton Street has received all required approvals from the Appearance and Plan Commissions as well as the Village Board. Construction is scheduled to begin spring Downtown Skokie is becoming even more alive with 2018, with first occupancies a variety of new mural installations, such as this one at the Skokie Theatre (7924 Lincoln Ave.), the largest anticipated for late 2019. outdoor mural completed by renowned street artist Sick Fisher.

Village of Skokie Economic Development Division 5127 Oakton Street, Skokie, Illinois 60077 Questions or comments? Please contact us! 847/933-8446 [email protected] and [email protected] 1 YEAR-END 2017 SKOKIEBIZ OPPORTUNITY SITES FOR LEASE OR PURCHASE SEMI-ANNUAL ECONOMIC DEVELOPMENT REPORT 8030 Lamon Avenue – Build-to-Suit

A. 8030 LAMON AVENUE

Redevelopment of a 146,071 square foot Research & Development/ Office Use Bulding

Located within the Downtown Science & Technology TIF District. Local developer Northfield Group, Ltd. received a Tax Increment Financing (TIF) Note from the Village to support the new construction of this 40-unit mixed use apartment project is across from the Downtown Three-story 147,000 RSF Build-to-Suit Opportunity Skokie CTA station. The building is scheduled for B. HILLWOOD DIVISIBLE winter 2019 occupancy. TO DEVELOPMENT 60,000 SF (3601 Howard Street)

New Development of a 236,912 square foot, Flex-Industrial Building. 5203 OLD ORCHARD RD Anticipated completion late 2018. 6,895 SF AVAILABLE Location SKOKIE, IL Property Information

SKOKIE COMMERCE CENTER EVANSTON N • Strategically located 3601near Howard Chicago St | Skokie, with IL proximity 60076 • 22-acre researchSimpson St campus features 661,000 94 to leading teaching and236,912 research SF Available hospitals, major square Churchfeet St of laboratory and office space Gross Point Rd

universities, and leading pharmaceutical, medical including the firstDempster LEED-Gold St certified lab building Already operating in Washington D.C., Nashville device and diagnosticArea companies. Amenities in Illinois.Main St

Niles Center Rd

d

v Crawford Ave

» Prime urban in-fill location l

McCormick Blvd

and Philadelphia, PressBox LLC opened its first B Oakton St

e i • Chicago Transit Authority rapid transit station is located • SKOKIEFiber optic backbone ensuringN. Clark St campus C. FORMER RUBY TUESDAY k » I-94 – two 4-way interchanges at Touhy Ave and Dempster St o

k

S

Midwest location at 7520 St. Louis Avenue. This W. Howard St adjacent to the Park for» Site convenient accessible off both access Howard St and to Touhy Chicago Ave connectivity 24/7. N. Sheridan Rd

N. Ridge Rd RESTAURANTand nearby Evanston.» Excellent access to Near North Suburban & Chicago W. Touhy Ave SKOKIE N. Western Ave new automated dry cleaning service is designed submarkets • Five94 build-to-suitCommerce Centersites offer the potential for an • Close to major highways» Close and proximity O’Hare to Northwestern International University and Loyola additional 1.3W. Pratt Avmillione square feet of development. to transform the way apartment dwellers get their (5203 Old Orchard Road) University 41 EDGEBROOK W. Devon Ave Airport. » 6B Real Property Tax Abatement • Beautifully landscaped campusTO CHICAGO with park spaces, clothing cleaned and pressed. Welcome, Pressbox! 50 W. Peterson Ave Mileage to Key Destinations» Abundant labor force outdoor seating areas14 and pedestrian walkways. » Employee amenities nearby (shopping, restaurants and 6,895 square foot, fully-equipped transportation) •4747 Northwestern University: AVAILABLE5 miles •For Leasing24-hour Information: campus with on-site security. For Development Information: former restaurant attached• O’Hare International to Airport: 10 miles • Dedicated conference center with 100-seat DEMPSTER | Skokie, ILauditorium and full audio-visual capability. Hampton Inn• Downtown & Suites. Chicago: 12 miles 9500 W. Bryn Mawr Ave | Ste 600 | Rosemont, IL 60018 www.cushwake.com 9525 Bryn Mawr Ave | Ste 975 | Rosemont, IL 60018 •Jason Abundant West | SIOR | Executive garage Managing and Director surface-lot parking. www.hillwood.com 847.518.3210 (o) | [email protected] Don Schoenheider | Senior Vice President | Midwest Market Leader Steve Stone | Director 847.233.6301 (o) | [email protected] 847.720.1364 (o) | [email protected] D. SE CORNER OF DEMPSTERPROPERTY HIGHLIGHTS DEMOGRAPHICS 1 MILE 3 MILES 5 MILES • 6,895 Sq Ft former Restaurant TOTAL POPULATION 12,453 136,279 359,263

• Attached to Hampton Inn & Suites DAYTIME POPULATION 19,333 116,397 329,380 STREET AT SKOKIE BOULEVARD• Direct Access from Edens Expressway (I-94) HOUSEHOLDS 5,085 51,897 139,059 (4747 E. Dempster Street)• Just West of Westfield Old Orchard Mall AVG HH INCOME $101,236 $136,847 $125,709

AREA RETAILERS INCLUDE TRAFFIC COUNTS COUNT 29,674 square foot building, OLD ORCHARD RD 29k VPD Village staff represented Skokie at the annual (formerly Bank of America) on I-94 150k VPD International Conference of Shopping Center Owners approximately, a three acre (ICSC) in September and unveiled these vibrant redevelopment site. 56 Skokie Valley Road Nathan Tonnies Highland Park, Illinois 60035 new banners for an impressive booth backdrop, CONTACT [email protected] INFORMATION: 847.849.1526 www.MetroCRE.com beautifully created by FastSigns of Skokie (3437 Dempster Street)! Located within the West Dempster Street TIF District.

E. 4930 OAKTON STREET

40,237 square-foot, OfficeHARD Building/ CORNER SITE AVAILABLE Redevelopment Site. Wilmette +/- 3 ACRES IN SKOKIE, IL SUBLEASE OPPORTUNITY Located within the Downtown Science & Technology TIF• 1st FloorDistrict. - 10,887 SF • 2nd Floor - 10,887 SF A recent recipient of the Village’s Storefront • Lower Level - 7,900 SF I 94 Enhancement Program (SEP), Flawless Homes (4819 • Remote drive thru - 1,050 SF Main Street) opened in October and offers residential • +/- 108 parking stalls Morton Skokie Evanston and commercial brokerage services, renovation Note: For a map of the Village’s• B-3 “CommercialZoning Corridors” Grove products and construction, and financing assistance. FOR MORE INFORMATION: please see www.skokie.org/edmain.cfm [email protected] | [email protected] | [email protected]

Village of Skokie Economic Development Division 5127 Oakton Street,PREMIER Skokie, REDEVELOPMENT Illinois 60077 OPPORTUNITY Questions or comments? Please contact us! 847/933-8446 [email protected] and [email protected] 2 YEAR-END 2017 SKOKIEBIZ SKOKIE BIZ-BITES SEMI-ANNUAL ECONOMIC DEVELOPMENT REPORT SKOKIEBIZ-BITES

Did you know? Skokie now ranks in Crain’s Chicago Business Top 5 “Best Places to Buy a House”, which reviewed Chicago suburbs on five different Haben Funeral Home and Crematory (8057 Niles metrics so that readers can determine which neighborhoods or suburbs fulfill their Center Road) received the coveted Skokie Consumer requirements. Skokie placed in the top five suburbs when High Diversity, Low Crime, Affairs Commission’s Business of the Year Award Solid Price Growth and Short Commutes were set as top priority, and ranked well in the Fall of 2017 and is celebrating its 95th anniversary this year. Congratulations, Haben above the average ranking in all five categories. To view the interactive article, Funeral Home! visit www.chicagobusiness.com.

In September 2017, the Village of Skokie marketing team received an “Award of Excellence” from the City-County Communications and Marketing Association (3CMA) for Skokie’s summer 2016 “Skokie: The Urban in Suburban” regional marketing campaign. Colorful signs promoting Skokie appeared on select CTA station platforms, and special ‘Skokie wraps’ covered six CTA buses. Skokie’s award application was selected from hundreds received from 3CMA members all around Pressed Latino Sandwich Shop and Cafe recently the United States. opened at 4845 Oakton Street in the former Bughouse Studio space. Owner Andrea Sales serves international and domestic coffees and teas, and offers a variety of delicious breakfast and The Illinois Science + Technology Park (ISTP)’s new owners, American Landmark Cubano sandwiches. Properties, have produced a new marketing video featuring the Park’s attributes and amenities, including its proximity to Downtown Skokie, Oakton CTA station, Skokie Public Library and Oakton Community College. Check it out here: https://www.youtube.com/watch?v=LhQ13etooSM.

Downtown Skokie NEW RESTAURANT ALERT includes Cravelane (5051 Oakton Street, adjacent to Krier Plaza, in the former Panino Blitz space), Pressed Latino Sandwich Shop and Cafe (4845 Oakton Street in the former Bughouse Studio Another recipient of the Village’s Storefront space, see photo for description) and the recently opened Sugo Italian Street Enhancement Program, TeaRex (5237 Golf Road), Market (4949 Oakton Street in the former Kabul House space). Cravelane opened in late 2017 in the former Duke’s Hot Dogs site. Local students and fans of bubble teas, waffles emphasizes flavor and presentation and prefers locally sourced ingredients. The and other fun beverage options have given TeaRex menu also features such items as spaghetti, chicken pesto, burgers, tuscan soup, a roar of approval! greek salad and polenta. Sugo features authentic Italian street food as well as ‘build your own’ sandwiches, salads, pastas, along with a grocery sections for specialty sauces and breads. Rave reviews are already being reported for all three eateries.

The Village applauds the following Skokie businesses/organizations: Pita Inn, celebrates it’s flagship restaurant’s thirty-fifth anniversary at 4710 Dempster Street. Jet’s Pizza (4112 Dempster Street), celebrates it’s fifth anniversary in Skokie. And NAPCO (7315 Linder Avenue), the recipient of a 2017 “Chicago’s Best and Brightest When business is growing, expand! That’s what Companies to Work For”. This award which honors organizations that display a Heather Jackson, owner of Kaleidoscope Dance commitment to excellence in their human resource practices, employee enrichment, (3944 Church Street) did this past August, just in communications, work-life balance, employee education, diversity, recognition, time for the fall enrollment season. Check out the retention and more. Since 1979, NAPCO has been producing high quality bathtub new studio, that offers dance classes for all ages and abilities from infants to teenagers. refinishing coatings and equipment, right here in Skokie.

Village of Skokie Economic Development Division 5127 Oakton Street, Skokie, Illinois 60077 Questions or comments? Please contact us! 847/933-8446 [email protected] and [email protected] 3 YEAR-END 2017 SKOKIEBIZ ANNOUNCED JOBS IN SKOKIE SEMI-ANNUAL ECONOMIC DEVELOPMENT REPORT MAY - OCTOBER 2017

Source: Village of Skokie Building and Economic Development Divisions ANNOUNCED JOBS IN SKOKIE*

Retail Restaurant 4955 Dempster Street 5238 Touhy Avenue 50 JOBS 45 JOBS

Restaurant Retail 4999 Old Orchard Center 5234 Touhy Avenue 30 JOBS 25 JOBS

Medical Sevice Retail 9933 Lawler Avenue 4999 Old Orchard Center 20 JOBS 20 JOBS

Industrial Restaurant 7250 St. Louis Avenue 3616 Touhy Avenue 20 JOBS 15 JOBS

Medical Service Medical Service 9735 Skokie Boulevard 5020 Dempster Street 15 JOBS 15 JOBS

Retail Real Estate 4999 Old Orchard Center 5031 Dempster Street 10 JOBS 10 JOBS

Real Estate/Retail Retail 4819 Main Street 4999 Old Orchard Center 10 JOBS 10 JOBS

Service/Retail Service 3421 Church Street 8814 Gross Pointe Road 8 JOBS 8 JOBS

Service/Retail Service 8042 Monticello Avenue 5043 Warren Street 8 JOBS 8 JOBS

TOTAL NUMBER OF SMALL BUSINESS OPENINGS WITH LESS THAN 8 EMPLOYEES: 49

* SELECTED REPORTED JOBS DATA FROM NEW BUSINESS OPENINGS: (8 EMPLOYEES OR GREATER)

Village of Skokie Economic Development Division 5127 Oakton Street, Skokie, Illinois 60077 Questions or comments? Please contact us! 847/933-8446 [email protected] and [email protected] 4 YEAR-END 2017 SKOKIEBIZ REVENUE MAY - OCTOBER 2017 SEMI-ANNUAL ECONOMIC DEVELOPMENT REPORT

Source: Village of Skokie Finance Department SALES TAX RECEIPTS ($)

The September 2017 opening of another ‘First to Chicago’s North Shore market’ store in Skokie, $3.42M Skechers Factory Outlet (5234 Touhy Avenue) completed the transformation of the upgraded PepBoys shopping center, joining Real Urban Barbecue and Orangetheory Fitness. $2.55M $2.38M $2.46M $2.36M $2.37M

JUL AUG SEPT OCT NOV DEC 2017 2017 2017 2017 2017 2017

INCLUDES A SKOKIE 1% LOCAL TAX AND A 1.25% HOME RULE TAX

REAL ESTATE TRANSFER The Village welcomed the Zhuhai (a province in China) delegation from the 21st Century Institute in September, which included a visit to the renowned TAX RECEIPTS($) Illinois Science + Technology Park, where delegates toured the park’s many exciting businesses.

$118.5K $138.3K $124K $115.3K $83.1K $71.9K

One of the new and growing industries filling in former traditional retail space is Children’s Urgent MAY JUN JUL AUG SEPT OCT 2017 2017 2017 2017 2017 2017 Care (9735 Skokie Boulevard), which opened in June. This company provides ‘after hours’ walk-in pediatric care for patients between birth and twenty-one years of age.

Village of Skokie Economic Development Division 5127 Oakton Street, Skokie, Illinois 60077 Questions or comments? Please contact us! 847/933-8446 [email protected] and [email protected] 5 YEAR-END 2017 SKOKIEBIZ CONSTRUCTION ACTIVITY MAY - OCTOBER 2017 SEMI-ANNUAL ECONOMIC DEVELOPMENT REPORT

CERTIFICATE OF OCCUPANCY PERMITS (CO/#)

15 14 12 12 10 10

The August solar eclipse was witnessed by many 8 Chicago area residents and workers, including the 5 6 hundreds of scientists, health professionals and life science researchers at Skokie’s beautiful Illinois Science + Technology Park!

MAY JUN JUL AUG SEPT OCT 2017 2017 2017 2017 2017 2017

CERTIFICATE OF OCCUPANCY (CO) PERMITS ISSUED BY VILLAGE (TOTAL 62) MAY - OCTOBER 2017

CERTIFICATE OF OCCUPANCY PERMITS (CO/$)

The Skokie Backlot Bash continues to offer “back- to-school, family-themed fun in the Village” during the last weekend in August. Each year, thousands of people enjoy free music performances, rides, food, 1M a fun run and games in beautiful Downtown Skokie. The ever-growing craft beer tent is always a 3.5M crowd favorite! COMMERCIAL 6M OTHER/INDUSTRIAL $56.5M CONSTRUCTION 31M RESIDENTIAL VALUE OF PERMITS ISSUED INSTITUTIONAL 15M RESTAURANT

The second annual ‘Cops with Kids’ program sponsored by the Skokie Police Department rewards local students recommended by their schools with a $100 gift card to shop for holiday gifts for themselves and their families. In late 2017, more than 75 children shopped at Walmart VALUE OF PERMITS ISSUED/CONSTRUCTION ACTIVITY BY SECTOR Superstore (3626 Touhy Avenue). MAY - OCTOBER 2017 51Source: Village of Skokie Community281173+D Development Department

Village of Skokie Economic Development Division 5127 Oakton Street, Skokie, Illinois 60077 Questions or comments? Please contact us! 847/933-8446 [email protected] and [email protected] 6