Chicago Ave. – Retail Thrive Zone
MAYOR EMANUEL ANNOUNCES INITIATIVE TO SUPPORT THRIVING RETAIL CORRIDORS ACROSS CHICAGO
Retail Thrive Zones Initiative Will Create Jobs and Revitalize Commercial Corridors on South, Southwest, and West Sides through Targeted Support and Investments
Mayor Emanuel’s Retail Thrive Zones initiative is a three-year pilot program aimed at strengthening the economic vitality of eight neighborhood commercial corridors. Each of the Retail Thrive Zone corridors, located on the City’s South, Southwest, and West sides, have economic challenges, but they also have strong potential for growth. Within those corridors, the City will offer an evolving package of financial assistance to entrepreneurs and business.
By focusing on targeted areas, the City is able to roll out programs more quickly, experiment with new ideas, and expand those that are successful to other parts of the city.
A main goal of the Retail Thrive Zones program is to make it easier for businesses to apply for financial incentives.
The bedrock of Mayor Emanuel’s economic development platform is to improve quality of life in our neighborhoods and combat the economic conditions that lead to crime, with a particular focus on communities that are not receiving private investment. The Thrive Zones program is intended to promote entrepreneurship, build community-based wealth and employment, and improve access to amenities in those neighborhoods. To do this, the City is working with local community organizations to implement a series of evolving initiatives.
|In Austin||Austin African American Business Networking Associationemail@example.com|
First Round Recipients from West Chicago Avenue’s Soul City Corridor:
|Bitoy’s Sweet Treats||5957 W. Chicago Ave.||Construction of an outdoor seating area for the neighborhood sweets shops|
|Charday’s Barber Cuts & Beauty Salon||5661 W. Chicago Ave.||Renovation of a longstanding neighborhood barber shop|
|Chicago Eats Sports Bar||5312 W. Chicago Ave.||Build out of a new family friendly sports bar that will feature a variety of Chicago specialties|
|Frank Lewis’ property||5241 W. Chicago Ave.||Renovation of the property, so it can house a modern breakfast oriented restaurant|
|Ike’s Place for Blues and Jazz||5847 W. Chicago Ave.||Build out of a new blues and jazz club as part of the “Soul City Corridor”|
|L. Maycreations||5936 W. Chicago Ave.||Build out for a jewelry store, that will offer spoken word poetry nights and arts classes for children|
|Westside Health Authority||5246 W. Chicago Ave.||Redevelopment of four vacant storefronts that will provide retail space to local entrepreneurs and artists|