Business and Economic Development
New Mixed-Use Project Approved at 3300 Dempster Street
Construction is expected to begin later this year on a new 23 unit mixed-use residential building located at 3300 Dempster Street. Overall the building will be four stories tall along Dempster Street (on the south) with a set back of half of a floor from the residences to the north. The size of the rental residences varies from 750 square feet to 2,600 square feet and contain 12 one-bedroom, 8 two-bedroom, 2 three-bedroom, and 1 four-bedroom units.
Replacing a long-vacant 10,000 square foot commercial building, 3300 Dempster will feature a modern design adjacent to the new Dempster Pulse Line. The entire ground floor facing Dempster Street will have a commercial façade with large windows. Retail space will be located at the southwest corner of the building containing 1,320 square feet. Along with retail, the lobby, amenity space, and garage parking for 25 vehicles will be located in the remaining portion of the ground floor as well as 15 additional parking spaces off of the alley adjacent to the north. Floors 2 and 3 will contain all of the 1 and 2 bedroom units with the fourth floor housing the 3 and 4 bedroom units and a rooftop deck amenity for all residents.
3300 Dempster is a welcome addition as it will improve the character of the commercial and residential neighborhoods nearby and provide additional tax revenue to the School districts, the Village and other underlying taxing districts. Construction of the building is scheduled for completion in late 2023.
Construction to Begin for Downtown Skokie Homewood Suites by Hilton Hotel and Conference Center
Updated as of June 23, 2022
Why is this project coming to Skokie?
Construction of the Homewood Suites by Hilton – Downtown Skokie presents the opportunity to build a transformative building and create a great opportunity in the heart of Downtown Skokie. Two hotel market feasibility studies validated that there is demand for this type of hotel. The hotel will specifically serve and anchor one of the regions’ most important employment centers, the Illinois Science + Technology Park in addition to numerous business and recreational interests in and near Skokie.
There are expected to be 47,000 guests who will stay at the hotel on an annual basis. In addition to the guests, residents, along with their families, friends and colleagues, will shop, dine, consume services and generate additional sales taxes for the Village. During construction, hundreds of construction workers and related professionals will work on the project. When completed, the hotel, restaurants, and event spaces are anticipated to generate 125 full-time jobs in Downtown Skokie.
Key Components of the New Hotel
- 143 room Homewood Suites by Hilton
- $55+ million Investment
- Event/meeting of indoor space (10,000 sq ft) and patio (5,000 sq ft) that can accommodate mid -sized gatherings (200 to 400)
- Sky Pub (10,000 sq ft) on 8th floor with Chicago skyline views
- Ground floor retail space (13,000 sq ft) to accommodate additional dining and retail options. Space is being marketed beginning June 2022 with available occupancy by Dec 2023.
- Hotel to include fitness area, family room, enhanced suites, outdoor terrace
- Interior demolition began 6/22/22
- Exterior demolition scheduled to begin July 11, 2022
- Site Preparation and foundation construction August 2022
- Anticipated opening fall/winter 2023
- Property, Hotel, Event Space, and Restaurant to be owned by E&M Skokie, LLC and third party managed by Maverick Hotels and Restaurants (https://maverickhotelsandrestaurants.com/)
Village Statement on Possible Westfield Old Orchard Sale
April 12, 2022
Westfield Old Orchard Center Business District and Redevelopment Agreement Approved
Click here to see Mayor Van Dusen's February 17, 2022 Letter to the Editor of the Chicago Tribune.
Click here to see Frequently asked questions regarding the proposed Old Orchard Business District.
Click here to see letter of support from Chicago's North Shore Convention & Visitors Bureau
Click here to see letter of support from the Skokie Chamber of Commerce & Industry
Leasing is well underway at Skokie's newest luxury residences, Highpoint at 8000 North. Designed by famed architect Lucien LaGrange, the property is home to 153 apartment homes with the units ranging in size from Studio's to large 3 bedroom Penthouses. Luxury amenities at Highpoint include a rooftop park with grilling and outdoor spaces, a gourmet demonstration kitchen, a yoga and fitness studio, as well as numerous designer lounges for working, entertaining and relaxing. Pets are welcome at Highpoint as a dog run and pet wash is available as is adjacent garage parking, 24 hour maintenance, and controlled resident access. Ground floor commercial space is expected to welcome new businesses later this year with the first residents of apartment homes already moving in. For further information on pricing, floorplans, to schedule a tour and more, CLICK HERE.
June 5, 2020 Skokie Business Update
Winter 2020 SkokieBIZ
Comprehensive List of New Skokie Businesses in 2019
Come Dine in Downtown Skokie!
Recreational Cannabis in Skokie
Fall 2019 Downtown Development Update
What's The Buzz With New And Proposed Downtown Skokie Developments? You Invited To An Open House On August 13, 2019. Click Below For More Information!
SkokieBIZ Spring 2019 Edition
Fiscal Resolve and Strategic Location
The Village has not increased its property tax levy since 1991, and there are no head taxes, sewer taxes or impact fees as there are in other municipalities. Skokie geographically sits in a prime location connected by major highways and public transportation to Chicago and O'Hare Airport, conveniently accessible to suppliers, customers, and labor markets.
The Village's high bond rating attests to a strong economic health and prudent fiscal management. Skokie is the first municipality nationwide to achieve nationally accredited Police, Fire, and Public Works Departments, and a Class-1 Fire Department as rated by the Insurance Services Office (ISO).
Skokie boasts many fine cultural and recreational attractions, a high quality housing stock in a variety of styles and prices, and an excellent array of both public and private schools. Some of the country's finest universities and community colleges are also in close proximity to the Village. Thanks to the community's strong tax base, Skokie's 65,349 residents enjoy the best in school districts, parks and recreational programs. The Village consistently ranks in the Top 5 Suburbs in which to buy a home by Crain's Chicago Business.