Committee recommends hiring firm to study reviving business districts

Evanston officers are recommending a Philadelphia urban style company for a extensive examine of the city’s small business districts, suggesting ways the town can realign alone in the aftermath of COVID-19.

Members of the city’s Financial Growth Committee advisable April 27 that the metropolis enter into a $245,000 contract with Interface Studio to present the study, which would integrate in depth local community participation.

The study would include downtown as perfectly as the city’s other small business districts.

Officials have proposed that fifty percent of the project be paid for out of federal American Recovery Plan Act cash and the other 50 % from revenues created by five metropolis tax increment finance districts.

The proposal will next go to the Town Council for consideration.

Closing indication at the downtown LA Physical fitness storefront. Credit score: Bob Seidenberg

Evanston enterprise districts experience unusual pressures, reported Paul Zalmezak, the city’s Financial Enhancement Manager, in a memo and presentation supporting the research.

“Being found much less than 3 miles from Previous Orchard, just one of the country’s premier regional purchasing facilities, and thirty minutes north of Chicago’s entire world renowned searching and amusement places Evanston at a aggressive drawback,” wrote Zalmezak.

“Online browsing, parking challenges (authentic and perceived), highly-priced rents, house taxes and the uncertainty of the pandemic have developed confusion amongst vendors, small organizations and company district service companies maybe hardly ever skilled in Evanston irrespective of its a lot of economic evolutions.”