Chicago issues grants to community organizations to help fill vacant storefronts – CBS2 (Chicago)

The community organizations will identify vacant sites in their neighborhoods, negotiate leases, and recruit small businesses for test ventures and pop-up shops. Mayor Brandon Johnson said in a news release, "We need to invest in our small businesses to generate economic activity, and the Small Business Storefront Activation Program will bring to life storefronts across the city and much-needed economic stimulus to business corridors in historically disinvested communities."
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debtsor
2 years ago

Galena IL had a problem of vacant store fronts several decades ago. They turned it around by filling the stores with restaurants and quaint, kitschy knick-knack shops, and now it’s a shopping destination in an old, historic town. Can Englewood and Norwood Park do the same?

Ex Illini
2 years ago
Reply to  debtsor

That’s funny!

taxpayer
2 years ago

While the storefronts remain vacant, owners get a substantial real estate tax break.
Higher taxes would incent owners to find some productive use, or sell to someone who will. Probably would be more effective than this curious grant program.

Old Joe
2 years ago

Hmm, if entrepenures could make a profit those store fronts wouldn’t be vacant. Gee, why can’t they make a profit? I’ve got a few thoughts on this phenomenon BJ.

Where's Mine???
2 years ago

A $3 mil equity hustle joke…pathetic

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