Industrial Growth Zones
On September 23rd, fifteen companies & property owners joined CAIC staff for a presentation by the Chicago Department of Planning & Development on the Industrial Growth Zones established in the Calumet & Burnside Industrial Corridors. (Please See the Maps Below).
An initiative by Mayor Rahm Emanuel of Chicago, the Industrial Growth Zone program offers a series of resources to address environmental conditions & complex government regulations that are often identified as obstacles to site development. Sophia Carey, Director of Industrial Growth Programs with Chicago Department of Planning, presented to attendees. Some of these program's resources include:
Up to $130,000 in financial assistance for environmental assessments & remediation
Streamlined development incentives
Expedited permitting, licensing and inspections