Business and Economic Development

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New Mixed-Use Project Approved at 3300 Dempster Street


3300 Dempster Rendering

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

Skokie Announcement 6.2.22

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. 

For further details of the hotel development, CLICK HERE

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

Westfield 2 (JPG)April 12, 2022                                

Update Regarding Westfield Old Orchard Mall and Business District

During the recent creation of the Westfield Old Orchard Business District, the possibility of mall ownership changes or joint ventures were contemplated and addressed by Village leaders in the agreement between the Village of Skokie and Westfield Old Orchard. 

“The possibility always exists for significant properties to change ownership, as has historically been the case with Westfield Old Orchard mall that has had numerous owners over the years. Currently, as was initially announced in 2021 and recently reported in the media, the United States properties within the Global Westfield portfolio continue to be the subject of a possible sale,” said Village Manager John Lockerby.  “The Village carefully crafted the new Business District agreement so that all obligations transfer to any possible new ownership and no tax money is transferred until actual improvements are completed. The Village and Westfield – or Westfield’s successor - will continue to work together to ensure the mall’s transformation, achieving an even stronger flagship property status. On a national level, the mall industry is evolving to respond to e-commerce competition and the ongoing impact of changing pandemic conditions. The commitment to ensure Old Orchard’s relevance remains a top priority.”

Regardless of official ownership, the vision for the mall, including the Business District, remains unchanged. Plans are already underway for site improvements to heighten Westfield Old Orchard’s status as a best-in-class shopping destination for Chicago’s North Shore and beyond. Several new restaurant and retail concepts are coming soon to Westfield Old Orchard, including Tory Burch, Bar Siena, The Capital Grille, Alo Yoga, Reset by Therabody, Molly’s Cupcakes, L’Occitane, Marine Layer, Pie Five and Rod & Gunn, with more exciting announcements expected in coming months and throughout 2022. 

 “Westfield and the Village of Skokie have jointly developed a plan to secure a thriving future for the shopping center and we are fully committed to bringing new uses and diverse offerings, as well as enhancing the customer experience to create the best-in-class destination in the Chicagoland area,” said Dominic Lowe, U.S. Chief Operating Officer, Unibail-Rodamco-Westfield.  “In the coming months, we will announce new first-to-market retail and entertainment destinations that will transform the future of the center and the local community.”

The Village of Skokie’s innovative partnership with the Westfield Old Orchard ownership, as evidenced by the new Business District, ensures significant investments for the mall’s future success and insulates the property from the challenges experienced by so many retail shopping destinations. In addition, since the Business District was approved, Westfield has initiated conversations and meetings to explore the possibility of bringing new uses, including residential development, to the mall. 

Westfield Old Orchard is important to the region and community in many ways, including as a popular destination and resource to reduce the tax burden on other Skokie property tax payers.  Westfield’s annual property tax bill exceeds $14 million, of which approximately six percent, or $850,000, goes to the Village of Skokie. The remaining $13 million in funds go to Skokie school districts, Park District, Library and other taxing bodies.  Regardless of mall ownership, 100 percent of the investments made possible by the Business District will stay in Skokie, ensuring that Old Orchard remains a viable economic engine for many years to come. 


Westfield Old Orchard Center Business District and Redevelopment Agreement Approved

Westfield 1 (JPG)


Westfield Old Orchard Business District Designation to Bring Exciting Enhancements That Create a Best-In-Class North Shore Destination

On March 7, 2022, the Skokie Village Board approved the designation of Westfield Old Orchard shopping center, the Village’s premiere sales tax generator, as an official Business District.  As the final step in the process, the Village Board passed a resolution on March 21, 2022 authorizing and approving the Old Orchard Westfield Redevelopment Agreement CLICK HERE.

This decision followed a months-long, public project review and approval process. An initial presentation was made at the December 6, 2021 Village Board meeting, followed by a public hearing at the January 18, 2022 Village Board meeting as well as review, consideration and public comment at both the February 7 and March 7, 2022 Village Board meetings.

With this designation, Westfield Old Orchard becomes one of more than 220 Business Districts in the State of Illinois, with the sales tax rate at the shopping center to be increased by one percent no earlier than July 2022.  

“Westfield Old Orchard is an important asset to the Village of Skokie, with sales and property taxes from the center providing direct financial benefits for Village services as well as the Skokie Public Library, Skokie Park District, local elementary, high school and community college school districts and other taxing bodies,” said Mayor George Van Dusen. “In 1990, Village leaders made a bold decision to invest in improvements at Old Orchard that included the parking garage adjacent to Nordstrom which was pivotal to the retailer’s decision to locate at Old Orchard instead of other nearby centers. At the same time, the Village Board pledged to freeze property taxes at $15.4 million annually for at least five years – a pledge that has now been upheld for more than 30 years due to the Village’s continued, strategic economic development and prudent budgeting. These forward-thinking moves made for a great quality of life in our community while also contributing to the area’s regional standing, drawing people from around the Midwest to Skokie and surrounding communities, supporting their economies, too. The new one percent tax continues this historic pattern of wise investment to benefit Skokie and the entire region.”

The property tax burden at Old Orchard from Cook County, school districts and other taxing bodies accounts for 38% of tenant expense which is significantly higher than the national industry average of 12%, posing challenges to significant capital investment.  “Not only is Westfield Old Orchard the Village’s premiere sales tax generator, it is also a destination driver that brings people and additional businesses to Skokie” said Village Manager John Lockerby. “Now is the time to position Old Orchard’s future considering the changing retail environment in our region as well as increasing internet shopping trends.” 

All revenues generated from the designation of Westfield Old Orchard as a Business District will be directly reinvested by Westfield in urgently-needed upgrades to the shopping center’s infrastructure, customer amenities and overall ambience to ensure long-term business success and continued economic vitality. In addition to generating essential tax revenue, Westfield Old Orchard is Skokie’s largest private sector source of employment, creating jobs for approximately 3,200 area residents. 

“As we emerge from the unprecedented challenges posed by the COVID-19 pandemic, and as the retail environment continues to change so rapidly, we know businesses must transform to meet evolving customer expectations,” said Serge Khalimsky, Westfield Old Orchard’s General Manager. “At Westfield Old Orchard, we are passionate about the opportunity to invest in the center’s infrastructure, new uses and diverse offerings to create a best-in-class destination on the North Shore.”

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

CLICK HERE FOR ADDITIONAL INFORMATION AVAILABLE ON THE OLD ORCHARD CENTER BUSINESS DISTRICT PAGE

Find Your New Home at Highpoint at 8000 North!

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.  

highpoint amenity sheet

Printable Information - Highpoint at 8000 North

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