Q1 2019 Board Report - kankakeecountyed.org€¦ · • Blog series exploring how significant national economic, workforce, community development and lifestyle trends are playing

Q2 2019 (June) Board ReportOlivet Nazarene University, Bourbonnais, IL

Thursday, June 13, 2019

$162 Million Allocated for I-57 Interchange

• Illinois 2020 budget has allocated $162 million

for building an I-57 interchange near proposed

South Suburban Airport site.

• Includes local road upgrades and utility

connections

• IL Department of Transportation has spent

approximately $100 million to purchase 4,500

acres for airport development. State now owns

89% of land needed for project.

• Alliance was one of 50 communities and

agencies to register formal support of state

funding for the infrastructure work.

• Infrastructure upgrades and airport are

expected to enhance Chicago’s global e-

commerce position.

$2.3 Million Allocated for Flood Prevention

• New Indiana state budget increases flood

prevention dollars for Kankakee and Yellow

rivers.

• Kankakee River Basin Commission (KRBC)

has created a system of property assessments

to raise money for future projects.

• Pilot planned to reduce the amount of sand

flowing into the Yellow and Kankakee rivers

• Kankakee County is involved in efforts.

• Illinois businesses added jobs in 10 of 14 metro areas in April.

• Unemployment rates increased over-the-year in April in 11 of

Illinois’s metropolitan areas, decreased in 1, and was unchanged

in 2.

• The industry sectors recording job growth in the majority of metro

areas included Manufacturing (11 of 14), Leisure and Hospitality

(11 of 14), Mining and Construction (10 of 14), and Government

(9 of 14).

MULTIFAMILY DEVELOPMENTLAKESIDE VILLAGE TOUR

• Interforum Holdings amenitized apartment

development in Oakbrook Terrace

• Developer has conducted an initial tour of

Kankakee market and is exploring local

development and redevelopment opportunities

• Contact Lisa Wogan for details or to participate

in July tour opportunity

Click image to access Alliance property portal.

BOURBONNAIS PARKWAY DEVELOPMENT AREA

Development plan complete

3,000 acres, utilities in place

1,400 acres industrial TIF property

5-year property tax abatement for qualifying new construction

Multifamily Announcements

• New 28-unit multifamily “Cobblestone” development at Bourbonnais Parkway and

U.S. Route 45/52

• New apartment complex also under consideration in the area

• Village of Bourbonnais in May adopted a new ordinance permitting multifamily

development including 4.5 acres min; on-site amenities; and full-time, on-site

management offices under single ownership.

Illinois DCEO Project Reach

• 1 million SF distribution/fulfillment facility with Q3 2020 occupancy

• 250-acre Bourbonnais Pkwy parcel submitted

One Cigna Drive, Bourbonnais, IL 60914

• Local heath care HQ consolidation confirmed

• Occupying 25,000 SF, approximately 1/3 of first level

• 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. services

• CLICK IMAGE for property specificationsPhoto credit: The Daily Journal

• Former Sears Holdings/Innovel property

available for lease

• Divisible to 250,000 square feet

• CLICK IMAGE to visit Colliers property site

• Innovel Solutions moved to Kmart facility in

Manteno. Employee separations limited.

1600 Boudreau Rd, Manteno, IL 60950

Click image to access Alliance property portal with 30 Route 50

Corridor properties for sale or lease.

BRADLEY ROUTE 50 COMMERCIAL CORRIDOR

Photo credit: The Daily Journal

KANKAKEE RIVERFRONT OPPORTUNITY ZONE

• U-Haul new 77,000 SF tenant at Shoppes of

Meadowview

• Pizza Hut locating at 375 W. Court St., remodeling

underway

• Peotone interior crane service purchased and

expanding to 599 E. Court St. building

• Happy Monday Coffee Roasters open at Burfield &

Remington Building Downtown Kankakee

• Strip retail developer visit and tour

KANKAKEE RIVERFRONT OPPORTUNITY ZONE

Click image to for event slides and video recording.

Local follow-up event TBD

Photo credit: The Daily Journal

• OZ Basics event May 16

• 100+ attendees

• Hosted by Key City CDC

with City of Kankakee and

Alliance

KANKAKEE RIVERFRONT OPPORTUNITY ZONE• NEW document outlining community vision,

current public- and private-sector

investments, metro growth rate figures,

multifamily demand, incentives,

demographics, development priorities and

available properties within the Kankakee

Riverfront OZ

• CLICK DOCUMENT COVER to download

Click image to access Alliance property portal

with 42 OZ properties for sale or lease.

• Riverfront Master Plan Implementation Team created

• Subcommittees formed:

✓ Funding & Economic Development

✓ Design & Construction

✓ Branding & Marketing

• Projects proceeding

• Hitchcock Design Group consulting

• Click to access Master Plan document

KANKAKEE RIVERFRONT OPPORTUNITY ZONE

TALENT DEVELOPMENT & OUTREACHIn-Commuter Study

• Project of Talent Outreach Committee of

Grundy Livingston Kankakee Workforce Board to

assess local livability perceptions

• Employer Roundtable participants: Nucor Steel,

Van Drunen Farms/FutureCeuticals, Riverside

Healthcare, E2i Engineering, CSL Behring, Lawson &

O’Brien Law, Wall Street Financial Group, Tyson

Engineering and Phillips Auto

• Additional participants welcome.

Contact Laura Siemsen for information.

• Report to be issued Fall 2019

TALENT DEVELOPMENT & OUTREACH

• Pilot of Grundy Livingston Kankakee Workforce

Board, Kankakee Community College and

Kankakee High School to promote employer

familiarization

• Corporate hosts: AAF Flanders, Plochman’s,

Urban Farmer, Riverside Healthcare, Monical’s

Pizza and Nucor Steel

• 12 student participants

Jobs for America’s Graduates (JAG)

• State-based, national non-profit organization

dedicated to increasing high school graduation

among young people who have serious barriers to

graduation and/or employment

• National JAG class of 2018 outcomes: High school

graduation rate of 95% and a full-time placement

rate of 91% of graduates either working, serving in

the military, pursuing post-secondary education or

a combination of these activities at a full-time level

• Currently piloting at Kankakee High School

• Corporate participation sought

• Contact: Debbie O’Connor, 815.802.5577

TALENT DEVELOPMENT & OUTREACH

Tools in Development

• Career Coach = “Using data to help clarify the connection

between economies, people and work”

• Data-driven tool that guides users to local occupation and

wage data, training and open positions based on

individualized skills and work experience

• Exploring communitywide implementation

• Employment Assistance Resource Navigator (EARN)

workforce services web tool

• Learn more at Talent Outreach Committee meeting June 27.

Contact Laura Siemsen for details.

TALENT DEVELOPMENT & OUTREACH

MARKETING CAMPAIGNS• Video drip campaign

• Through Summer 2019

• Panelist and attendee market commentary

• Sharing to Alliance social channels &

https://www.researchkankakeecountyil.com/event-coverage.php

CLICK IMAGES to access videos.

MARKETING CAMPAIGNS

• Blog series exploring how significant

national economic, workforce, community

development and lifestyle trends are

playing out locally

• Project of Talent Outreach Committee of

the Grundy Livingston Kankakee

Workforce Board

• 5:15 Media partnership

Next “Cues:”

• Mobility assets with River Valley Metro &

KCCVB/Zagster

• Village of Bradley livability assets

• Village of Manteno livability assets

CLICK IMAGE to read full article.“CUE KANKAKEE”

ALLIANCE SITE ANALYTICS

• Site traffic up 36% from June 2018

to June 2019

• 81 properties added since May,

most commercial for sale or lease

MARKETING MATERIALS

CLICK IMAGES for download.

Contact the Alliance or Convention &

Visitors Bureau for print quantities.

2nd PRINTINGwith revisions

COMMUNITY PROMOTION

Drive on! Alliance Supports New

Documentary Film Duo for PBS …

CLICK to learn more.

STATE OF THE ECONOMY PRESENTATIONS

Kankakee County Hotel Lodging Association

Manteno Chamber of Commerce

Kankakee Iroquois Ford Association of Realtors (Scheduled)

To schedule a State of Economy presentation for your leadership staff or board of directors,

contact the Economic Alliance at 815.935.1177.

• Welcome to Ms. Emily Poff

• Newly appointed Executive Director

Photo credit: The Daily Journal

CALENDAR 2019Illinois Economic Development Association Annual Conference, Normal June 19-20

Brownfield & Opportunity Zone Bootcamp, Chicago June 19

Bisnow Chicago Hospitality Summit, Chicago June 26

“The Lively One” screening & “Selling Happiness” preview, Paramount Theatre, Kankakee July 15

Friday Night Lights Fest, Bourbonnais July 19

SCORE! Kankakee County, IL @ Chicago Bears Training Camp TBA

2019 CDFA Illinois Roundtable - Opportunity Zones & Development Finance, Chicago July 25

Alliance Board of Directors, ONU Weber Center, Bourbonnais September 12

Area Development Women in Economic Development Forum, Chicago October 6-8

IEDC Annual Conference, Indianapolis October 13-16

ICSC Chicago Deal Making, Navy Pier October 16-17

Alliance Board of Directors, ONU Weber Center, Bourbonnais November 14

COMMITTEE/BOARD PARTICIPATION 2019RESearch Kankakee County, IL – Development Showcase

SCORE! Kankakee County, IL @ Chicago Bears Training Camp

City of Kankakee Riverfront Implementation Team

United Way Campaign 2019

Rep. Lindsay Parkhurst Business Advisory Council

Samaschool + Kankakee – Growing the Gig Economy

Illinois Route 50 Corridor Study

Northfield Square Mall Redevelopment Task Force

Kankakee County Convention & Visitors Bureau

Community Foundation of Kankakee River Valley

Grundy Livingston Kankakee Workforce Board Talent Outreach Committee

Workforce Partners of Metropolitan Chicago (WPMC) Regional Apprenticeship Navigator partner

Kankakee Area Human Resource Managers’ Association marketing partner

Kankakee Community College Business/Office Professional Advisory Committee

Kankakee Community College Manufacturing Technology Advisory Committee

Education & Employment Action Team for the Partnership for a Healthy Community’s MAPP initiative

Kankakee Area Career Center Executive Advisory Committee

• $50,000 goal

• Appeal letters out in March

• Reminders to be issued in late June

• CLICK IMAGE to access Alliance investor list.

2019 INVESTOR APPEAL

President/CEO Timothy Nugent