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Economic Development Commission

Regular Meeting

Skokie, IL · May 15, 2024

AgendaMinutes

Minutes

Economic Development Commission Meeting Minutes Date: May 15, 2024 EDC MEMBERS PRESENT: Howard Meyer, Vice-Chair, Barbara Carley Steve Franklin, Jeremy Gleason, Brian Levinson EDC MEMBERS ABSENT: Michael Rosen, Chair, Alexis Barbour, Marc Battista, Scott Gendell, STAFF PRESENT: Michael Lorge, Corporation Counsel Johanna Nyden, Community Dev. Director, Rod Tonelli, Economic Vitality Manager, Marlene Bargamian, Administrative Asst. (I) CALL TO ORDER A quorum being present, Vice-Chair Meyer called the meeting to order at 8:45 AM. (II) APPROVAL OF MEETING MINUTES FROM APRIL 17, 2024 A motion was made to accept the draft minutes of the April 17, 2024 meeting. The motion passed by unanimous voice vote. (III) INTRODUCTIONS Members gave short introductions. Howard Meyer chaired this meeting in Michael Rosen’s absence. (IV) OLD BUSINESS a. Economic Vitality Strategy Update Rod Tonelli distributed and summarized the Economic Development Strategy Update process for the group. The last time this was done was 2017 and quite a lot has changed. There has been an explosion of small business development since COVID. He requested members of the Economic Commission to serve as liaisons from July through November in 4 groups strategies; business attraction & retention, small business development & entrepreneurship, talent attraction & workforce development, visitor attraction, and art, culture, & entertainment. They would come back together by the end of the year to review and formalize actionable and measurable findings for Village Board adoption in Spring 2025. Steve Franklin was wondering if Skokie’s policies and procedures are too slow and cumbersome to stay competitive when compared with how fast new businesses and restaurants open in other nearby communities. Page 1|3 #619533 – Economic Development Commission Meeting Minutes – May 15, 2024 Barbara Carley wants to see engagement with consultants, developers and brokers and suggested offering a concentration of activities to identify what we have and what types of businesses Skokie wants. Howard Meyer stated that Old Orchard has a new manager; inquiry should be made as to how they recruit for new businesses. Rod also spoke of the efforts to revitalize the Main Street corridor. He said that you need to start out with lower tier places to fill the vacancies first and then move on from there. Ms. Carley agreed. Steve Franklin mentioned the many major buildings that are “ghosts” like the Bank of America locations. Mr. Meyer added that the Economic Development plan is offsetting with Cook County’s plan of giving incentives for keeping properties vacant. He cited a scenario: if a business gets money to remodel and then doesn’t get enough funding to operate and has to close, a new business comes in and gets new money again. Brian Levinson and Barbara Carly added that flexibility needs to be built into zoning because you don’t know what something will turn into in 30 years. It needs to be re-worked to make new businesses function in older spaces. b. Business District Litter Management Plan CD Director Nyden brought up the discussion from December. Howard Meyer allocated it as a future agenda item to discuss plastic bag bans. Lisa Sanzenbacher could give a presentation. She also mentioned that Illinois is moving to ban styrofoam next year. (V) NEW BUSINESS a. Skokie Green Business Program Lisa Sanzenbacher, Village Sustainability Coordinator, updated the group about the anti-litter pledge for businesses. Carol is working on a “Shop Small – Think Big” program. Lisa also spoke about the Village’s monetary support to economic development and the need to reduce greenhouse gases to be carbon neutral by 2050. Green Business Programs are not new but new for Skokie. It doesn’t need to be a certification program but rather a checklist. It should be easy, not financially or time crippling. A first step would be to create a task force of volunteers who would target 20 small businesses to help work through the checklist. Training of volunteers could take place in June; completing checklist items from July to November; with public recognition at the end of November. Barbara added that we should coordinate with local utility companies to find ways to be “greener” like a voluntary energy assessment that would analyze utility usage. She also mentioned a recognition of “greenest business of the year”. Lisa has already reached out to Nicor and ComED. Page 2|3 #619533 – Economic Development Commission Meeting Minutes – May 15, 2024 Mr. Meyer offered that businesses are changing the way they operate. Dunkin Donuts is slowly moving away from plastics which are so bad for the cleaning systems. He also mentioned that Skokie should take the lead to make cigarette butts bio-degradable. b. ISTP Update Barbara mentioned that “Out of Space” tickets are on sale for July 26 -28 before leaving the meeting at 9:56 AM. (VI) COMMUNICATIONS a. Village Staff After Memorial Day, the car shows and Wednesdays on the Green returns. (VI) ADJOURNMENT Vice-Chair Meyer adjourned the meeting at 10:00 AM. Respectfully submitted, Marlene Bargamian, Administrative Assistant Page 3|3 #619533 – Economic Development Commission Meeting Minutes – May 15, 2024

Agenda

Village of Skokie Economic Development Commission Wednesday, May 15, 2024 8:30 A.M. Skokie Village Hall, 5127 Oakton Street, Skokie IL, Conference Room D&E I. CALL MEETING TO ORDER / DECLARATION OF QUOURM II. APPROVAL OF MEETING MINUTES FROM APRIL 17, 2023 (Attached) III. INTRODUCTIONS IV. OLD BUSINESS a. Economic Vitality Strategy Update b. Business District Litter Management Plan V. NEW BUSINESS a. Skokie Green Business Program b. ISTP Update VI. COMMUNICATIONS a. Village Staff b. EDC Members VII. PUBLIC COMMENT VIII. ADJOURNMENT The next regular meeting of the Economic Development Commission is scheduled for Thursday, June 20, 2024 at 8:30 A.M. in CONFERENCE ROOM D+E at Skokie Village Hall, 5127 Oakton, Skokie, IL Document Number: 615281 1 Economic Development Commission Meeting Minutes Date: April 17, 2024 EDC MEMBERS PRESENT: Michael Rosen, Chair, Steve Franklin, Jeremy Gleason, Marc Battista, Brian Levinson, EDC MEMBERS ABSENT: Howard Meyer, Vice-Chair, Alexis Barbour, Barbara Carley, Scott Gendell, Trustee Pure-Slovin STAFF PRESENT: Michael Lorge, Corporation Counsel Johanna Nyden, Community Dev. Director, Carol White, Economic Vitality Coordinator Marlene Bargamian, Administrative Asst. (I) CALL TO ORDER A quorum being present, Chair Rosen called the meeting to order at 8:32 AM. (II) APPROVAL OF MEETING MINUTES FROM MARCH 20, 2024 A motion was made to accept the draft minutes of the March 20, 2024 meeting. The motion passed by unanimous voice vote. (III) INTRODUCTIONS Members gave short introductions and welcomed Rodney Tonelli, former City Manager from Joliet, as the new Economic Vitality Manager for the Village of Skokie. Two representatives from the Skokie Chamber of Commerce were present on behalf of Howard Meyer. (IV) OLD BUSINESS a. Economic Vitality Strategy Update – Workshop Schedule The last plan was created in 2015 with workshops held in 2016 where small sub- groups met over an evening session to brainstorm ideas regarding the different economic areas in Skokie and report back to the group. Chairman Rosen asked for feedback from the commission; possibly organizing another evening meeting - he would circulate some dates and times. This is a new team with new staff. Steve Franklin asked who would be involved in these sub-groups. It was thought that it would be a hybrid of Village staff, community members, commission members, marketing staff and business owners. Invitations could be extended to others depending on subject matter (retail, professionals, healthcare, industrial, & research) for different meetings. Everyone involved could have their voice heard. Carol White will take the lead and include Rod Tonelli. # 618960 Economic Development Commission meeting minutes April 17, 2024 Director Nyden added that money has been encumbered from the budget for assistance. She also suggested a regional poll with people participating virtually bringing in international companies into Illinois. b. Video Gaming Corporation Counsel, Michael Lorge, distributed an updated memo and gave a summary of Skokie’s video gaming proposal. He gave a historical timeline of Skokie’s considerations to introduce video gaming in the village dating back from 2017. Now 7 years later, the negative connotations have diminished about video gaming machines and they are more socially acceptable. Nearby communities already have them. Restaurants are still feeling the impact of COVID and as a way to enhance revenue, they have shown interest in having video gaming be considered once again by the Village Board. They don’t want to lose customers by not offering them. Video gaming could promote patrons to stay longer in an establishment or come back more often. Guidelines were discussed with the group which included the general requirements for licensing, site location, interior placement, limitations of number of machines per establishment, prohibiting advertising & signage, and fees. Diana Rumsley, Village Inn owner, joined the group at 8:50 AM. Chairman Rosen stated that the machines are licensed and heavily regulated by the State of Illinois but wondered about game content. Diana added that all machines as well as their content are controlled by the State. Mr. Rosen, from an unofficial interest poll, stated that 3 restaurants in the Village are strongly interested. Not all restaurants are prepared to build out a separate area for the gaming machines. It might take away from the family atmosphere. Initially, 3 machines per establishment was recommended. Steve Franklin asked if the market is too saturated. He also inquired about the reward system from the games. Ms. Rumsley offered that there is an ATM-like machine strictly used to redeem winning slips. The vendor keeps the machine supplied; not the restaurant. A sweepstakes ticket could be used also that the restaurant would redeem (like a free beverage or dessert). Brian Levinson asked if these machines are like slot machines and suggested that they be geographically dispersed through a lottery system rather than targeted in one area. Mr. Levinson asked if the state regulates winnings. If so, does it compete with the state lottery. He also asked if there were requirements for the machine vendors. Mr. Lorge to find out and report back for the next meeting. # 618960 Economic Development Commission meeting minutes April 17, 2024 Ms. Rumsley inquired how regulations would impact Village Inn? The proposal stipulates that a user must be a customer of the restaurant or bar – no walk-ins; but that would be difficult to enforce. An attorney representing Skokie’s Chamber of Commerce offered his strong support and cautioned the Village to take the necessary time to get it right – not like Morton Grove or Niles where they allow 4-5 gaming machines in small storefronts selling liquor only. Mr. Levinson asked about any police input. There has been no increase in crime or petty outbursts according to Mr. Lorge when he conferred with other communities. Chairman Rosen inquired what the next steps would be if the EDC and the Skokie Chamber of Commerce voted favorably to move forward. Mr. Lorge asked for a very informal straw poll of the interest from the commission. Of the members present, 6 were in favor of endorsing the proposal outlined in Corporation Counsel’s memo. Steve Franklin would endorse with further revisions. Marc Battista abstained. Brian Levinson would support it. Jeremy Gleason asked Diana if there was any concern about consumers boycotting her establishment for having them. She responded that the surrounds are 6 ft tall and the locations are tucked away in the back but it could happen. No commissioner voted against it. A target date could be for a June Village Board agenda. Brian Levinson asked how long before it can “go live”. As soon as a build-out is complete, the vendor payment of the $5,000 application fee, the state & Village licenses, a state inspection and camera regulations are met. The 2 Chamber of Commerce representatives left the meeting at 9:35 AM. (V) NEW BUSINESS a. ISTP Update As Barbara Carley was not in attendance, the update has been postponed to the next meeting. (VI) COMMUNICATIONS a. Village Staff Carol talked about the next Skokie event – Track the Torch in time for the Olympics. Johanna spoke of the Old Orchard area projects moving forward. Applications will be coming in June or July for the residential campus at the mall; the construction project for the Portland Cement site – (The Henry); and the Zeller project turning from offices to residential. It is a tough time for small developers and land owners now with interest rates. Materials and construction costs make it challenging to go higher than 5 stories and parking regulations make it difficult too. It was suggested that incentives could # 618960 Economic Development Commission meeting minutes April 17, 2024 be discussed at a future Village Board meeting for going higher and building smaller units. b. EDC Members Steve Franklin asked about the news that Oberweis declared Chapter 11 Bankruptcy. Brian Levinson inquired about an estimate of new housing within the next 5 years. Approximately about 500-2,000 units are expected. Chairman Rosen asked for a hotel update. Mr. Lorge stated that the Village is not a direct player other than the TIF funding. It is an unusual situation – the investment and financing company are not going into foreclosure action. The general contractor locked the project up with high fees and costs. They are out of Iowa working with local sub-contractors. The general contractor, the sub- contractor and finance companies are forced into mediation. The Legal Dept is securing the site and building. Ms. Nyden offered that there is deep interest in a downtown Skokie hotel and as soon as the court issues are settled, a hotel is the only purpose for that site. (VI) ADJOURNMENT Chairman Rosen adjourned the meeting at 9:50 AM. Respectfully submitted, Marlene Bargamian, Administrative Assistant # 618960 Economic Development Commission meeting minutes April 17, 2024 Memorandum Community Development Department, Economic Vitality Division To: Economic Development Commission From: Rod Tonelli, Economic Vitality Manager Johanna Nyden, Community Development Director Date: May 10, 2024 SUBJECT: Economic Vitality Strategy Update Now that we have the full Economic Vitality in staff in place, we are excited to move forward with the update of the Village’s Economic Vitality Strategy. As you are aware, the last Economic Development Strategy was finalized in 2017 and outlined a three-year plan and action agenda. Since then, the economic and business landscape has continued to evolve at a rapid pace, fueled by such factors as e-commerce, technological innovations, remote work and other impacts of the pandemic. The update of the Village’s Economic Vitality Strategy is an opportunity to build upon the prior strategies championed by the Economic Development Commission and adopt new strategies based on the current and future economic landscapes. The Economic Vitality Strategy is an economic development action plan for all of Skokie. Developing it requires the input and involvement not just of the Village (elected officials, commissioners and staff) but also our partners and stakeholders that make-up the economic development ecosystem in Skokie. As we begin to develop the scope and process that we will deploy to perform the update, staff is recommending the following guiding tenets: 1. To incorporate data to the greatest extent possible into our understanding and analysis of each strategic area, initiative, and action; 2. To have a robust engagement plan that will collect information and ideas from a diverse set of community partners and stakeholders; 3. To engage subject matter experts within each strategy area we explore; 4. To ensure that the resulting strategies are not only actionable, but measurable by adopted key performance indicators; 5. That the resulting strategies align with and strengthen other Village initiatives for land use, sustainability, equity, diversity and capital investment. The Economic Development Commission will serve as the core of the Advisory Committee for the update process and establish the vision and goals of the plan. The committee should also include representatives who will be critical to support the analysis, engagement, and strategy development by serving as a core leadership group and sounding board. Working subgroups will engage to workshop, brainstorm, and ideate within each key strategy area. The EDC/Advisory Committee will receive and review working group output to prioritize strategies, measure alignment with our vision and goals, and to synthesize the output into an actionable plan for bold and innovative initiatives. Under the guidance of the EDC, the Village’s EV staff will manage the overall process. The Village has budgeted funds to support the update of the Economic Document Number: 619422 1 Vitality Strategy. Staff recommends these funds be used to retain technical experts/consultants to perform specific tasks or analysis within key strategic areas. Document Number: 619422 2 Village of Skokie Economic Development Commission Targeted Economic Development Strategy & Action Agenda 2017‐2020 Welcome Since its inception in 2013, the Village of Skokie Economic Development Commission has been a critical resource for elected officials, Village staff, Skokie businesses, and the region. This is especially true given the fact that Skokie and Chicagoland have positively and collectively transitioned out of one of the most difficult economic periods in nearly 100 years. As a key objective, the Commission began to develop the 2017‐2020 Village of Skokie Targeted Economic Strategy & Action Agenda in 2015. The Economic Development Commission, staff, and community members have spent hundreds of hours and made significant effort to create this document. The tenets of the strategy are based on a number of best practices from a broad base of communities throughout the region and the U.S. In addition, specific practices were recommended as they were deemed relevant for Skokie. The Targeted Economic Development Strategy & Action Agenda is meant to be the foundation and focus towards the future for the Village in attempting to maximize new and existing opportunities to their highest and most worthwhile potential. In addition, the Village of Skokie Targeted Economic Development Strategy & Action Agenda is inclusive and appreciates and embraces the community as a whole while recognizing the human, financial, institutional, and social impacts of the economic vitality of the Village overall. It is important to note that the Targeted Economic Development Strategy & Action Agenda will never be finished or final. This is a living, breathing document which will change and evolve over time. What may be relevant today may be irrelevant tomorrow. Instantaneous information and economic transformation through technology and innovation will continue to shape the future in ways we can’t even imagine today. Thus, changes must be embraced in order to be as proactive and responsive as possible. The Village of Skokie’s first ever Targeted Economic Development Strategy & Action Agenda attempts to do just that, focus the Village’s collective economic development efforts and actions towards the future in a proactive and meaningful way. Sincerely, John T. Lockerby Village Manager Table of Contents Mission Statement 4 Purpose Statement 5 Process 6 Skokie’s Position 7 Key Indicators 10 Major Strengths / Major Opportunities 10 Major Challenges and Threats 11 Economic Goals 12 Economic Impact Scenarios 13 Strategic Objectives 14 Business Development 16 Retail, Commercial, and Service Sector 16 Primary Commercial Corridors 16 Secondary Commercial Districts 17 Downtown Skokie 18 Illinois Science + Tech Park 19 Skokie NorthShore University Hospital / HealthSystem 19 Industrial Sector 20 Manufacturing Zone Districts 20 Permitting Process 20 Infrastructure & Amenities 21 Municipal Revenue Enhancement 22 Boost Spending 22 State of Illinois Funding 22 Assessment Practices 22 Partnerships 23 Incentives and Toolbox 23 Employment Growth / Workforce Development 24 Employment Center Desirability 24 Securing Employment and Employees 24 Partnerships & Needs Assessment 25 Marketing and Community Branding 26 Skokie Differentiators 26 Key Business Sectors 26 Relationships 26 Neighborhood Branding 27 Tools 27 About The Skokie Economic Development Commission 28 Acknowledgements 29 Mission Statement The Village of Skokie offers a strong and traditional live/work/play/learn environment as well as an emerging center for business attraction, expansion, and start‐ups. Skokie’s citizenry prides itself on its ethnic diversity, an evolving commercial and industrial base, world‐class shopping, experiential entertainment and dining options, quality municipal services, as well as award winning schools, library and park system. Skokie also is recognized as an emerging center for regional science and technology development and deployment. Skokie is unique among Chicago area suburbs in its economic diversity which includes businesses from all sizes (small to large), and locations from homegrown to multinational firms which are primarily represented in the following sectors: retail trade, professional services, health care, industrial and manufacturing operations, and scientific and research. 4 Purpose Statement The purpose of the Skokie Targeted Economic Development Strategy & Action Agenda is multifaceted, and includes, but is not limited to, the following:  Encompasses a range of disciplines including physical planning, economics, financial planning and marketing;  Focuses on enhancing competitiveness, increasing sustainable growth and ensuring that growth is inclusive;  Provides a directed set of activities and research to be undertaken by Village staff and the Skokie Economic Development Commission which support existing and ongoing Village economic development efforts/programs;  Provides rationale for local government, the private and non‐profit sectors, and community members to work together to improve the local economy in an innovative and targeted manner; and  Seeks to leverage strengths, overcome weaknesses, exploit opportunities, and diminish threats to the Village as a vital and viable Chicagoland municipality. 5 Process The following summarizes the Economic Development Commission and staff’s research, workshops, training, subcommittees and activities to date which supported the development of the Skokie Targeted Economic Development Strategy & Action Agenda. 2015 Village Economic Development (ED) staff presented and the Economic Development Commission analyzed & participated in the following:  Current economic/demographic conditions/tapestry segmentation for Village of Skokie;  Business development trends (retention, expansion, entrepreneurial development, business attraction, clusters, etc.); and  Workforce development (regional and local) programs;  Workshop facilitated by Commission member Michael Rosen and ED staff to determine Strengths, Weaknesses, Opportunities, and Threats (SWOT) for establishing goals and objectives, break‐out group sessions, and wrap‐up conclusions/next steps for draft Strategy; and  Subcommittees were created and the Village Manager assigned selected Village staff members to assist the subcommittees in developing key objectives for the Strategy. 2016 Economic Development Commission subcommittees met several times with Village staff and presented their findings and recommendations at an evening workshop in February. Village ED staff developed a strategy outline in March while the preliminary Targeted Economic Development Strategy was presented in May. Final review of the Targeted Economic Development Strategy & Action Agenda was completed in September with minimal proposed edits offered by Commission members. 2017 The Economic Development Commission received additional points from ED staff for the Marketing and Community Branding portion of the Strategy and approved their inclusion. Village staff and the Commission Chair and Vice Chair reviewed the final Targeted Economic Development Strategy & Action Agenda and provided input on the presentation to Board of Trustees. Subcommittees continue to meet in order to further their work into actionable items and tasks. 6 Skokie’s Position* * Source: U.S. Census Bureau, Census 2010 Summary File Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography. Five‐mile radius from the intersection of Dempster Street and Skokie Boulevard. 7 Skokie’s Position Recent Rankings and Accolades:  Ranked 6th In Top 23 Chicagoland Core Mall Markets (Westfield Old Orchard) Retail Sales Growth (Melaniphy & Associates 2017 Retail Sales Report) Key Skokie Indicators – 2017 and  Ranked 7th Among the Top 20 Chicagoland Suburbs in 2022 Projections* Retail Sales (Melaniphy & Associates 2017 Retail Sales 2017 2022 Report) Stein’s “Law,” named after Demographics  Ranked in Top 8 Best Places to Buy Home (Crain’s economist Herb Stein Chicagowho coined Business, 2017) Population 65,485 66,196 “If something cannot go on  Ranked in Top 10 Best Neighborhoods and Suburbs Households 23,895 24,032 Average Household 2.74 forever, it will stop.” 2.74 (Chicago Magazine, 2017) Size  Ranked 8th in Highest Median Home Price of Top 20 Median Age 43.7 44.2 Wealthiest Midwest Communities in U.S. (> 65,000 pop.)(Nerdwallet.com‐2016) Financial Median Household $76,916 $83,881  Ranked 7th in Highest Median Income of Top 20 Income Wealthiest Midwest Communities in U.S. (> 65,000 Per Capita Income $37,404 $41,596 pop.)(Nerdwallet.com‐2016) Median Home Value $332,548 $371,282  Ranked 12th in Top 50 Suburbs for Education in Average Household $102,549 $114,315 America (Movoto Real estate, 2014) Income  Ranked as one of Top 100 Most Livable Cities in the U.S. (Livability.com, 2013)  First U.S. community to have nationally accredited Fire, Police, and Public Works Departments * Source: U.S. Census Bureau, Census 2010 Summary File Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography. 8 Skokie’s Position Ideal Mix of Job per Resident is .50 Skokie’s Diverse, Talented, and Robust Economic Base – Business & Employment Data* Skokie’s Job per Resident is .63 = Jobs for Residents, Brings Workers From Other Communities, Spend More in Skokie, Supports Skokie Businesses 3,198 Businesses 41,440 Employees Skokie’s Daytime Population Is 74,735 * Source: U.S. Census Bureau, Census 2010 Summary File Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography. 9 Skokie’s Position Major Strengths (*)  Advantageous location within Metropolitan Chicago (proximity to O’Hare, City of Chicago, I‐94)  Award‐winning municipal services, schools, library, and park systems  Dense market trade area  Diversified local economy/business base  Educated/quality/diverse labor supply  Established and reliable infrastructure to serve business needs  Exceptional quality of life  Superior transportation network (includes regional trail system, public transit, and direct interstate highway access)  Varied business/industrial zoning and land uses Major Opportunities(*)  Availability of land/buildings for a wide array of commercial real estate purposes  Continued growth of retail trade  Growth of Skokie Hospital/medical services expansion  Illinois Science + Technology Park/availability of wet lab space  Large‐scale residential growth potential (includes renovation of existing housing stock)  Retention and expansion of Westfield Old Orchard  Variety of commercial corridors and shopping centers (*) Major Strengths and Opportunities not listed by priority, but alphabetical order. 10 Skokie’s Position Major Challenges and Threats(*)  Aging infrastructure, industrial and commercial buildings and housing stock  Competitive disadvantage when compared to newer industrial parks  Decrease of manufacturing tax base and shift to service‐oriented employment  Lack of significant ‘millennial’ population and place making for attracting ‘millennials’  Limited, land‐locked growth potential  Property tax burdens and disparities within Skokie  State, county assessment and local tax impacts on business Stein’s “Law,” named after economist Herb Stein, states that, “If something cannot go on forever, it will stop.” (*) Major Challenges and Threats not listed by priority, but alphabetical order. 11 Economic Goals The key Economic Goals (*) for the Village are stated, but not limited to, the following:  Continue to capitalize on strengths and determine key economic development niches for ongoing and future branding;  Ensure highest and best use of existing properties as well as provide stewardship for creative redevelopment opportunities and highest return on investment for the Village;  Incorporate the Targeted Economic Development Strategy & Action Agenda into the Village’s Comprehensive Plan;  Preserve and expand employment opportunities and improve the quality of the local workforce;  Preserve and expand municipal revenue sources to cover the costs of services and increase quality of life within Village; and  Retain/expand existing and attract new commercial, industrial, retail, research, and supportive entities. (*) Key Economic Goals are not listed by priority, but alphabetical order. 12 Economic Impact Scenarios Jobs created or retained have a varying degree of impact throughout the local, regional, state, and U.S. economies. As a widely recognized tool to assess how each job “ripples” throughout the community, it is standard practice for economic development organizations to utilize one of two economic impact models. The following assessment is from the IMPLAN model, one of these tools. The following scenarios assume that 100 jobs will either be created or retained in the Village of Skokie for each sector, while 35% of those jobs will be filled by Skokie residents. For purposes of definition, direct jobs are only those 100 actual jobs created or retained by sector, while indirect jobs are those additional supplier jobs which are derived from the direct activity, and induced jobs are those additional jobs which support both the direct and indirect jobs. Local tax revenues only include the sales, income, and property taxes generated by all jobs and economic output. Total personal income is calculated from the total amount of payroll overall (direct, indirect & Induced) as is the value of the total economic output realized throughout the region. Economic Impacts Scenario Per 100 DIRECT Jobs In Skokie By Sector Bioscience Healthcare Professional Business Education Manufactur Retail Food & Services Mgmt. ‐ing Hospitality Indirect 34 39 39 30 31 25 27 26 Induced 90 70 65 68 61 57 38 35 Total Jobs 224 209 204 198 192 182 165 161 Total 480 448 437 424 410 389 354 345 Residents Supported Total $25.77 $12.22 $11.23 $12.04 $10.84 $9.78 $6.71 $6.26 Personal Income (Millions) Total $29.670 $27.81 $30.84 $27.91 $22.93 $24.32 $17.40 $18.42 Economic Output (Millions) Local Tax $665,570 $448,690 $471,387 $451,917 $436,976 $471,807 $353,813 $361,120 Revenues Source: Village of Skokie, August 1, 2017. 13 Strategic Objectives The key Strategic Objectives (*) for the Village are stated, but not limited to, the following:  Attract external investment (from regional, national, and international sources);  Continue to examine Village‐wide challenges and address deficiencies where possible;  Continue to explore ‘best practices’ among peer communities with active economic development programs and initiatives in order to create ‘benchmarks’ and potentially amend the existing Village Targeted Economic Development Strategy & Action Agenda when warranted;  Encourage investment of more private and public dollars into hard (physical) infrastructure as well as soft infrastructure (including educational and workforce development, institutional support systems, and regulatory issues);  Encourage the formation of new enterprises via entrepreneurial support;  Ensure that the local investment climate is functional for all kinds of businesses (e.g., creating a superior ‘environment for investment’);  Seek a broader variety of businesses to expand in or be attracted to, Skokie;  Strengthen commercial corridors and improve overall appearance of neighborhood business districts;  Support newly emerging businesses;  Support small, medium, and large‐sized enterprises;  Support the growth of impactful and fledgling businesses, specifically with regard to innovative, higher‐paying, and clean industries;  Target certain groups which might be considered disadvantaged for business assistance and workforce development; and  Target particular areas of the Village for regeneration or growth (establish area‐based initiatives) for business retention and expansion purposes. (*) Strategic Objectives are not listed by priority, but alphabetical order. 14 Strategic Objectives The Targeted Economic Development Strategy & Action Agenda covers four (4) distinct areas and includes recommended items which are deemed to be critical to advancing the specific targeted objectives. Business Development Municipal Revenue Expansion Skokie Targeted Economic Development Strategy & Action Agenda Employment Growth & Marketing & Community Workforce Branding 15 Strategic Objectives Business Development Retail, Commercial and Service Sector 1. Support continued growth/expansion of primary commercial corridors (Westfield Old Orchard, East and West Touhy Avenue corridors, and the Dempster Street shopping districts) as well as office uses proximate to these thoroughfares. Recommended Action Items (*): a. Encourage increased retail, residential, entertainment, and employment growth near and within the Westfield Old Orchard Shopping Center via outreach to existing property owners and retention of consultants as needed to engage national and regional tenants to the area; b. Enhance business to business product and service access via expanded network of supplier information (e.g., Chamber linkages); c. Investigate cross‐promotion of successful retail/commercial districts in order to ‘widen the desirability area’ and encourage increased investment; d. Review potential costs and resources required for Skokie‐wide Wi‐Fi access in primary commercial corridors; and e. Village “portal” for building permits, inspections, applicant access, and Village staff technical support. (*) Recommended Action Items are not listed by priority, but alphabetical order. 16 Strategic Objectives Business Development Retail, Commercial and Service Sector 2. Support continued improvement of secondary/neighborhood commercial districts (Church Street, Main Street, Oakton Street, Crawford Avenue, Skokie Boulevard, Howard Street, etc.). Recommended Action Items (*): a. Assess former neighborhood shopping districts to determine if zoning and land use changes might be warranted; b. Be small business‐friendly; c. Conduct study/survey of existing and successful neighborhood shopping districts in and outside of Skokie to create better understanding of needs/wants in these locales, and potentially refine strategies designed to attract and keep businesses in these areas; d. Consider establishing ‘demonstration projects’ to expand the land use possibilities in these areas; e. Enforce Village codes regarding blight, vacancies and violations (prior to spending funds to market these areas), and examine existing ordinances to confirm best approach to addressing blight and vacancies in these areas; f. Expand Village commercial rehabilitation assistance to areas outside of Tax Increment Finance (TIF) Districts; g. Limit the impact of assessment reductions for ongoing vacant properties that in turn prevents or hinders the reuse or redevelopment of those properties; and h. Work with property owners and Cook County to examine why some properties have experienced higher assessment values in declining areas. (*) Recommended Action Items are not listed by priority, but alphabetical order. 17 Strategic Objectives Business Development Retail, Commercial and Service Sector 3. Support continued redevelopment and improvement of Downtown Skokie. Recommended Action Items (*): a. Create task force (or other appropriate committee/group) to evaluate Downtown potential, including “New Urbanism” approaches, destination attractions, priority Tax Increment Finance (TIF) projects, competitive disadvantages related to restaurant/bars, patron and employee parking needs, ways to encourage existing property owners to invest in vacant and deteriorating structures, and potential for placing moratorium on certain types of businesses in order to diversify Downtown offerings, etc.; b. Create task force to study the potential for a Downtown Skokie hotel and support uses; c. Focus on redevelopment of remaining prime parcels for mixed‐use, commercial, and residential uses creating more pedestrian activity, workday population, sales tax collections and overall return on investment potential along Oakton Street, Lincoln Avenue, and Skokie Boulevard; and d. Limit the impact of assessment reductions for ongoing vacant properties that in turn prevents or hinders the reuse or redevelopment of those properties; and e. Work with property owners and Cook County to examine why some properties have experienced higher assessment values in declining areas. (*) Recommended Action Items are not listed by priority, but alphabetical order. 18 Strategic Objectives Business Development Retail, Commercial and Service Sector 4. Support continued expansion/improvement of the Illinois Science + Technology Park (ISTP). Recommended Action Items (*): a. Continue to be proactive with Oakton Community College, Northwestern University, and the University of Chicago (partner of NorthShore University HealthSystem) to create a stronger university/college presence within or proximate to the ISTP; b. Engage existing tenant businesses (including NorthShore University HealthSystem), international and headquarter companies to become familiar with spatial and technical needs and to better anticipate future growth plans; c. Review the original Master Plan for the ISTP, update where necessary, and develop approach to the 8030 Lamon Avenue Building, vacant parcels, parking, and target development within the ISTP; d. Seek additional global and domestic linkages to higher education, foundations, research labs, etc; and e. Work closely with ISTP owner American Landmark Properties to further enhance the tech park’s reach beyond its borders as well as to enact a stronger connection to Downtown Skokie merchants and residents (including physical markers in and around entrances to enhance visibility and public awareness at ISTP). 5. Support continued growth of Skokie Hospital/NorthShore University HealthSystem as part of an expanded technology and medical services district within Skokie. Recommended Action Items (*): a. Explore EB‐5 Visa Program or other such mechanisms for potential funding/investment in a Skokie Technology/Medical District and/or other appropriate ventures; and b. Investigate the possibility of working with local banks to create a consortium to provide better financing capabilities for an expanded Skokie Technology/Medical District. (*) Recommended Action Items are not listed by priority, but alphabetical order. 19 Strategic Objectives Business Development Industrial Sector 1. Create clear demarcation of specific manufacturing‐zoned districts and develop remedial plans for each identified area (e.g., establish a comprehensive “Industrial Zones Strategy”). Recommended Action Items (*): a. Assess infrastructure needs and what improvements are still needed to incorporate into the Village’s Capital Improvements Plan for each identified area; b. Assess potential manufacturing zone/district incentives to enhance competitiveness of these areas; c. Create inventory of all building stock (‘shovel‐ready’ and other) and parcels as part of a database or “Property Bank” for potential assembly by Village or private partners (via possible CoStar or other similar provider); and d. Investigate the possibility of working with local banks to evaluate financial needs and potentially provide financing for specific construction/renovation projects. 2. Determine whether Village permitting processes can be streamlined for industrial and/or larger users. Recommended Action Items (*): a. Investigate existing building departamental systems and work with staff to improve response time as well as increase transparency for applicants; and b. Research other communities to obtain and potentially adopt certain ‘best practices’ in this area. (*) Recommended Action Items are not listed by priority, but alphabetical order. 20 Strategic Objectives Business Development Industrial Sector 3. Evaluate need for and review potential costs and resources required for Skokie‐wide Wi‐Fi access in industrial areas. Recommended Action Items (*): a. Incorporate definitive costs for such improvement in upcoming capital improvement plans; and b. Research ‘best practices’ in other communities and produce potential plan for upgrades. 4. Prepare infrastructure and amenities (e.g., nearby restaurants, fitness centers, daycare centers, etc.) plan geared specifically towards existing and potential new industrial users. Recommended Action Items (*): a. Consider establishing special incentive areas to encourage more direct transactions with other local suppliers/purchasers; b. Establish ‘one‐stop shop’ for talent access and skill‐set needs via Village resources and local employment training organizations; c. Expand Village business to business opportunity network between industrial and commercial users; d. Identify and pursue new Federal, State and County grants for infrastructure upgrades throughout the industrial areas; and e. Utilize Skokie Chamber of Commerce T‐100 Group as a resource to attract more Village manufacturing companies to join together (e.g., help to create local manufacturer’s association as Chamber affiliate). (*) Recommended Action Items are not listed by priority, but alphabetical order. 21 Strategic Objectives Municipal Revenue Enhancement 1. Focus on undertakings which boost spending, wages and overall investment in the Village. Recommended Action Items (*): a. Explore additional ways to create and support a fiscally sound business environment that benefits residents, businesses and the region; and b. Review elements of the Comprehensive Plan of Skokie, Illinois from a financial investment and revenue‐generating perspective. 2. Investigate ways to further limit the impact of reduced State of Illinois funding over the short and long‐term. Recommended Action Items (*): a. Assess existing policies and examine ‘best practices’ to develop meaningful solutions to this ongoing problem; and b. Identify additional funding mechanisms and incentives to address local revenue shortfalls resulting from stalled or reduced State of Illinois funding. 3. Work with Niles Township and Cook County officials to address prohibitive or disparate assessment practices for commercial properties. Recommended Action Items (*): a. Continue outreach to new and current legislators/Township and County officials to present Village concerns about local property tax assessment disparities; and b. Prepare data which supports the findings of disparity and/or overassessment of specific properties or commercial areas in general. (*) Recommended Action Items are not listed by priority, but alphabetical order. 22 Strategic Objectives Municipal Revenue Enhancement 4. Continue to strengthen partnerships with local universities, health care providers, life science industries, major financial institutions, and other governments to help build productive alliances in the short and long‐term. Recommended Action Items (*): a. Continue to support, advertise, and attend industry workshops, seminars, symposiums, & conferences, hosted in Skokie as well as within the region to expand Skokie’s network of influence; and b. Prepare targeted list of existing organizations, companies, and other governments, and set up direct meetings with as many officials as possible annually. 5. Develop expanded incentive ‘toolbox’ including the use of public/private partnerships in a more aggressive fashion (Tax Increment Financing, County property tax assessment reduction programs, EB‐5 Visas, Special Service Agreements, Small Business Administration grants/loans, etc.). Recommended Action Items (*): a. Prepare detailed evaluation of various incentive tools and their applicability to achieving Village objectives with an eye towards expanding the use of certain programs; and b. Update Village website describing said tools including successful examples of where they have been utilized. (*) Recommended Action Items are not listed by priority, but alphabetical order. 23 Strategic Objectives Employment Growth & Workforce 1. Increase the desirability of Skokie as an employment center, serve the local and regional business community, retain and attract talented new workers, raise the quality of life, and enhance the Village’s position of supporting job creation, expansion and workforce development. Recommended Action Items (*): a. Analyze local labor market to identify issues affecting the development of effective educational and training programs; b. Assess skill gaps and relevancy of program content to employer needs; c. Research approaches to enhance worker skills and support local businesses to increase the likelihood that residents and workers will contribute to the local economy; and d. Strengthen partnerships with educational institutions, employers, and State and Local workforce agencies. 2. Ensure that Village and its partners are equipped to assist both residents and businesses in securing employment/employees. Recommended Action Items (*): a. Identify relevant networks of job creators, providers, trainers, and placement organizations; b. Investigate financial/technical assistance programs (K/12 school‐to‐work, apprenticeships), facilitate tours between schools and businesses; adopt‐a‐classroom, business awards for supporting schools; and c. Work to achieve an “Awareness Campaign” to act as role model and reliable employment resource to local businesses and job‐seekers by providing streamlined guidance and support to both. (*) Recommended Action Items are not listed by priority, but alphabetical order. 24 Strategic Objectives Employment Growth & Workforce 3. Strengthen partnerships and conduct needs assessments with business organizations, existing small, medium and large‐scale businesses, and new companies locating to Skokie via ongoing and newly initiated outreach. Recommended Action Items (*): a. Co‐sponsor and/or help to promote traditional and “virtual” job fairs for businesses new to Skokie; b. Cultivate key employment resource partners (Oakton Community College, School District 219, Skokie Public Library, Chicago and Cook County Workforce Boards, Illinois Department of Economic Security, U.S. Small Business Administration /Department of Labor, etc.); c. Develop comprehensive guide/pamphlet which details information important to employers and job‐seekers; and d. Work closely with Oakton Community College’s Advisory Councils comprised of existing employers to ascertain specific upcoming employment needs. (*) Recommended Action Items are not listed by priority, but alphabetical order. 25 Strategic Objectives Marketing & Community Branding 1. Establish a better understanding of how to differentiate Skokie from neighboring towns or similar locales in terms of niche & comparative marketing & community branding. Recommended Action Items (*): a. Engage a consultant to analyze Skokie peer communities and advise on appropriate niche focus for Skokie. (Note: as an alternate Action Item, Village staff could determine peer communities, assign Economic Development Commission members with one of the communities to research and log their insights on a pre‐developed form that would ensure consistent reporting); and b. Host brainstorming session with the Economic Development Commission on Skokie’s possible market niche relative to peer communities. 2. Determine key business sectors and/or targets (e.g., healthcare, life sciences, entrepreneurial activities, manufacturing, professional services, retail/restaurants, arts/entertainment) to attract to the Village. Recommended Action Items (*): a. Develop survey for EDC members to use to gather insights from local and/or regional business community for marketing purposes; and b. Investigate best methods for reaching out to above identified industries (e.g., direct approach, trade association memberships, conferences, etc.). 3. Facilitate stronger relationships with regional and national site selection/business location specialists to broaden connections with them in today’s competitive world of online search and marketing practices. (*) Recommended Action Items are not listed by priority, but alphabetical order. 26 Strategic Objectives Marketing & Community Branding 4. Explore neighborhood specific branding plans which may also correspond to proximate commercial districts (e.g., Andersonville (Chicago), Central Street (Evanston), Dempster Street (Morton Grove). Recommended Action Items (*): a. Develop ‘demonstration project’ action plan that includes, but is not limited to, enlisting appropriate Village departments for ‘housekeeping’ and enforcement issues relative to branding/showcasing the area, recruiting the support/input of neighborhood advisors, securing possible designs for identification signage and other branding, etc.; and b. Identify commercial districts for potential demonstration projects based on geography, visibility, neighborhood resources, and more. 5. Establish other specialized marketing campaigns for appropriate goals and objectives. Recommended Action Items (*): a. Determine whether specific ‘landmark’ signage opportunities exist within the Village; if so, develop cohesive plan for consistent design, size, etc.; and b. Explore options for continued economic growth in light of reduced consumer reliance on physical stores and more on e‐commerce, seeking national models and strategies. 6. Enhance the Village’s ability to identify/follow up on leads and encourage more industry queries via the potential development of a quality Customer Relationship Management database. 7. Work with professional website developers retained by the Village to facilitate new online marketing and business development components in order to strengthen the Village’s digital identity and presence. (*) Recommended Action Items are not listed by priority, but alphabetical order. 27 About The Skokie Economic Development Commission The Skokie Economic Development Commission is committed to the continued growth of industrial and commercial developments in the Village. As a working Commission, it provides input from all aspects of the Skokie business community. In an advisory capacity, this Commission made up of Skokie business members provides a sounding board, researching and analyzing issues affecting the quality of life in our Village. It is a resource for elected officials and staff to explore new economic development ideas and changes to Village policies. This Commission may consider and introduce new economic development ideas for consideration to elected officials and staff. The primary duties of the EDC include:  Provide input on matters to facilitate sound economic growth and business development.  Examine opportunities for fostering an attractive economic climate within the Village with respect to both existing and potential new organizations.  Recommend additional steps and measures to promote economic growth by retaining businesses and attracting new commerce and industry.  Collaborate with Village elected officials and staff to realize appropriate goals and objectives relating to sound business policies, an increased tax base, and increased employment opportunities.  Feature a business each meeting as part of its business retention program to educate the community about the business and to recognize the contribution the business has made to Skokie.  Interact with other commissions on matters of joint interest or initiatives. 28 Acknowledgements The following individuals are to be commended for their tireless efforts and strong consensus for the creation of Skokie’s first Targeted Economic Development Strategy and Action Agenda for 2017‐ 2020. Village of Skokie Economic Development Commission: Shalom Klein, Chair ‐ Vice President, MK&A, Ltd. Howard Meyer, Vice Chair – Executive Director, Skokie Chamber of Commerce Karen Gray‐Keeler – Village of Skokie Trustee David Putrus – Vice President, First Bank & Trust Billy Haido – IT Consultant, Strategic Consulting Partners Michael Halliburton MAI, Real Estate Appraiser Colette Hands – Assoc. V.P. of Continuing Education, Training, and Workforce Development, Oakton Community College District David Jacobsen – Founder, Chicago Jewish Funerals Serge Khalimsky – General Manager, Westfield Old Orchard Karim Lakhani – Assistant Director of Operations, Lakhani Hospitality Group Ross Mathee – Branch President / Regional Director, NorthShore Community Bank & Trust Randy Miles – Owner, Village Inn Pizzeria, Sports Bar and Grill Erica Croan Minchella – Attorney at Law, Minchella & Associates Kristen Murtos – President, Skokie Hospital / NorthShore University HealthSystem Sacha Patera, PhD. – Senior Manager, Director Corporate Relations, Dartmouth College Bradley Rosen – Writer/Analyst, Wolters Kluwer Legal & Regulatory Michael Rosen – Managing Director, Rosen Bioscience Strategies Edwin Vdovets – Principal, Keeler Real Estate, LLC Village of Skokie Staff: John Lockerby – Village Manager Michael Lorge – Corporation Counsel Len Becker – Economic Development Manager Leslie Murphy – Economic Development Specialist Pete Peyer – Community Development Director Max Slankard – Public Works Director Ann Tennes – Marketing and Communications Director Tom Thompson – Economic Development Coordinator (retired) George VanGeem – Finance Director (retired) 29 Council‐Manager Government Mayor Manager George Van Dusen John T. Lockerby Clerk Counsel Pramod C. Shah Michael M. Lorge Trustees Michele L. Bromberg Karen Gray‐Keeler Ralph Klein Randall E. Roberts Edie Sue Sutker Ilonka Ulrich Village of Skokie Awards and Distinctions All‐America City Finalist American Public Works Association (APWA) Accreditation Commission on Accreditation for Law Enforcement Agencies (CALEA) Commission on Fire Accreditation International (CFAI) Gold Level Clean Air Counts Community Governor’s Hometown Award Government Finance Officers Association Budget Award Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting Illinois Law Enforcement Accreditation (ILEAP) Insurance Services Office (ISO) Class One Fire Department State of Illinois Certified Health Department Tree City U.S.A. Designation