Q4 2019 EAKC Bod Report
Q4 2019 Board Report Olivet Nazarene University, Bourbonnais, IL Thursday, November 14, 2019 ANNOUNCED CAPITAL INVESTMENT 2019 Click for the full “7 Key Economic Indicators” report. Splash Valley Reopening May 2020 • $2 million renovation • 75-100 PT jobs created • Features: Eight- to 10-lane, 60-meter swimming pool with diving boards, ranging in depth from 3 to 12 feet. New splash pad. • Ribbon cutting set for 11-13-19 EMPLOYMENT • Illinois businesses added jobs in 13 of 14 metro areas in September. • Unemployment rates decreased over-the-year in September in 12 of Illinois’ metropolitan areas, increased in 1, and was unchanged in 1. • The industry sectors recording job growth in the majority of metro areas included Mining and Construction (11 of 14), Education and Health Services (10 of 14), Government (10 of 14), Transportation, Warehouse and Utilities (9 of 14), Leisure and Hospitality (9 of 14) and Manufacturing (8 of 14). EMPLOYMENT Click for the full “7 Key Economic Indicators” report. BOURBONNAIS PARKWAY DEVELOPMENT AREA • NEW TENANT ANNOUNCEMENT • 4882 North Convent St., Bourbonnais, IL 60914 • Occupying 25,000 SF, approximately 1/3 of first level Click image to access Alliance property portal. Development plan complete 3,000 acres, utilities in place 1,400 acres industrial TIF property 5-year property tax abatement for qualifying new construction BOURBONNAIS PARKWAY DEVELOPMENT AREA 4882 North Convent Street, Bourbonnais, IL 60914 • Ownership now open to divisions as small as 25,000 SF for remaining 125,000 SF. • Lease rate negotiable • IT Infrastructure: 2,000 CAT 5 ethernet drops, 2,000 kw backup generator and UPS power management module • Prospective uses include headquarters, back office/call center, data center, disaster recovery, business incubator, prof.
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