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PLANNING & ECONOMIC
DEVELOPMENT
Take a closer look at what you'll
discover in the Downtown Business Association, which has it ALL for growing
businesses - prime commercial location, a strong market and favorable
business incentives. When you take a closer look, you will see that our
downtown is a prime commercial location that offers a strong market area and
favorable business incentives.
The Downtown Business Association
is the Village's downtown area, roughly bordered by Arlington Heights
Road on the west, Eastman on the north, Sigwalt on the south and Highland on
the west. The Downtown Business Association is the home of a unique, vibrant shopping and
entertainment district that offers many experiences for shoppers, visitors
and families.
Stroll through our 8-block
Downtown Business Association and find a great array of shops, many of which
have provided quality services to our community for decades. The Downtown Business Association is home
to a pharmacy and grocery store, to jewelry stores and art galleries, to
clothing stories and home décor boutiques. You'll discover that our
downtown has improved building facades, upgraded streetscapes, new parking
garages, expanded commercial facilities and five new developments including
a new commuter train station.
WE
HAVE IT ALL
Our Downtown Business Association is emerging as an energetic business
community within a community. Since the 1990s the Village has worked in
redeveloping the Downtown Business Association into a unique shopping and business district that has
its own appeal and identity. This distinctive downtown area of quaint
shops, brick pavers, free on-street parking, and charming street lights and
park benches has created a special ambiance that attracts many shoppers and
visitors. In the Year 2000 the Downtown Business Association became the new home of such
mixed-use developments as the Metropolis Theatre complex, a new commuter
train station, Village Green and Arlington Town Square. Explore the many
unique business opportunities available in this charming district. The
Downtown Business Association is a vibrant shopping environment with the
ambiance of a small town and the amenities of a big city with a strong
commitment to progress. This downtown business community has it all for
growing businesses - a prime commercial location, a strong market area, and
favorable business incentives. We are looking for businesses and development
that will benefit from what we have to offer.
This area boasts a family
income in excess of $60,000 and a per capita income which tops $22,000.
There is a substantial disposable income that you can tap into. Nearly
20,000 residents within a mile radius of the
downtown
area and more than 303,000 within a three mile radius live in established,
middle to upper-income neighborhoods. Businesses also enjoy additional
downtown customer traffic from the more than 3000 commuters who take the
train into Chicago daily. Join an eclectic mix of distinctive art galleries,
fashionable boutiques, jewelry stores and exquisite gift shops as well as
relaxing health spas, casual cafes and a variety of other specialty retail
establishments providing an array of choices and essential services to
thousands of residents. You'll find yourself in good company.
Improved building facades,
upgraded streetscapes, new parking garages, expanded commercial facilities
and other developments are predicted to increase the area's equalized
assessed valuation from $11 million to $67 million. More than 650
residential units have been built in the downtown in the last 13 years. New
construction is now under way which will bolster those figures to include an
additional 593 residential units, 162,000 square feet of retail space, and
67,000 square feet of office space. You can be a part of this outstanding
opportunity. Whether you're a family-owned shop, a growing service company
or a developer interested in getting in on the action, we've got quality
space available to help your business grow and prosper in the Downtown Business Association. When it comes to business, we're your biggest
supporter, From specialty tailored business planning, economic assistance
programs such as interior build-out or facade loans and grants, to ongoing
commercial redevelopment and improvements, Arlington Heights is an exciting
pro-business community focused on your success. To help generate sales for
downtown business, the Downtown Business Association Association is a partner in
promoting the downtown and regularly sponsors annual promotions and
activities that attract shoppers to the downtown area. Targeted marketing
campaigns promote the unique a vantage and unexpected pleasures of shopping
downtown Arlington Heights.
The Arlington Heights Downtown Business Association is an exciting enclave of retail, service and restaurant
businesses conveniently situated within an 8-block area of downtown
Arlington Heights. Discover all the opportunities downtown Arlington Heights
has to offer your business. For more information visit the Arlington
Heights
Downtown Business Association website.
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