Business and Economic Development

Downtown Skokie Homewood Suites by Hilton Hotel and Conference Center - Coming Soon

On December 7, 2020 the Skokie Village Board of Trustees approved a Development Agreement between the Village and E&M Skokie, LLC to construct a 142-room Homewood Suites by Hilton.  The hotel is anticipated to be under construction by the summer of 2021 and located at the northeast corner of Niles Avenue and Oakton Street.  The hotel will anchor and be a needed amenity for not only the region and Skokie, but also the Illinois Science + Technology Park.  The Village will purchase and retain the eastern portion of the property which includes Annie’s Pancake house which will continue to operate at its current locale at 4900 Oakton Street.  

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In addition to the hotel rooms, the new Homewood Suites by Hilton Downtown Skokie Hotel will feature a rooftop bar and pub open to the public, 13,000 square feet of ground floor retail, full amenities for hotel guests, as well as 10,000 square feet of banquet and event space.   Coinciding with the hotel, public improvements will take place along Oakton Terrace and over 115 additional public parking spaces in addition to those needed by the hotel will be provided in a new parking garage to the north of the hotel itself along Niles Avenue.

For more information, please CLICK HERE

Support Skokie's Small Businesses!

We know you are all doing the best you can to support local businesses during these uncertain times.  We hope that you are also continuing to refer to the Village of Skokie’s promotional websites CLICK HERE  along with our partners at the Skokie Chamber of Commerce, Skokie Public Library, and Chicago’s North Shore Convention and Visitors Bureau. As a reminder, please encourage friends, colleagues and family members to Subscribe to SkokieNews for important updates throughout the year. 

Skokie We Got This

10/12/20

Welcome to Skokie Video released.  

Click here for the new “Welcome to Skokie” video which highlighted the Village at the recently held SelectChicago Foreign Direct Investment (FDI) Virtual Conference.

August 27, 2020 - Skokie Business Update

Click HERE or on graphic below to read the latest Business Update.

Skokie Business Masthead 8-27-20

August 27, 2020 - Updated Outdoor Dining Guidelines Provide Additional Flexibility

Revised Outdoor Dining Guidelines for restaurants and bars took effect on August 27, 2020.  The guidelines provide for additional flexibility for Skokie establishments. Please CLICK HERE for details.

August 4, 2020 - Village of Skokie Economic Recovery Plan Unveiled

In response to COVID-19, Skokie Mayor George Van Dusen was one of the first suburban Chicago mayors to establish the Skokie Economic Recovery Task Force. Between May 12 through July 29, 2020, the Task Force met regularly via Zoom to help guide and assist Village staff, leadership, and the community to develop a thoughtful and actionable Economic Recovery Plan.   Recommendations identified focus on priorities deemed essential by Task Force Members, community members, elected officials, and from discussions and feedback received from over 250 Skokie-based businesses and service providers across all segments of the economy.  To view the report CLICK HERE or on the cover page below.   

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July 7, 2020 Business Update

Click HERE or on graphic below to read the latest Business Update.

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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 

Through thoughtful planning, overall spirit of cooperation, and a steadfast vision for growth, Skokie has grown into a thriving center of commerce, with many vibrant retail centers, commercial districts, employment centers, a strong and diverse industrial base, and extensive professional services. Businesses in Skokie appreciate their strategic location here for many good reasons.

 

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.

Accreditation


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).

Resident Benefits


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. 


  1. Economic Development Division

    Phone: 847/933-8446
    Fax: 847/568-8871


  1. Len Becker

    Economic Development Manager
    Phone: 847/933-8446

  1. Leslie G. Murphy

    Economic Development Specialist
    Phone: 847/933-8447