- Contact me with comments, questions, suggestions for new businesses or businesses you think are considering expanding or relocating into or out of the City, rumors you may hear, true or false I can seek to confirm, clarify or deny. Do not assume the City knows…
- Take advantage of the City, its knowledgeable staff and access to resources: The City has access to and knowledge of many different resources and has established relationships with many agencies (Examples: United States Small Business Administration, McHenry Area Chamber of Commerce, McHenry County Economic Development Corporation, McHenry County, Nicor, ComEd, Army Corps of Engineers, Illinois Department of Transportation, McHenry County Workforce Network, Small Business Development Center, State of Illinois Department of Commerce and Economic Opportunity to name a few....) and many of these agencies provide free information and assistance, financing options and counseling, employee training opportunities/programs and the City has and can act as a facilitator between a business and any of these agencies…….
- Remember, economic development is extremely dynamic; many uses are finite; vacant buildings are a normal part of the business cycle but those vacant buildings will be filled, some quicker than others, as companies, market and economy continually evolve (Example: Former Motorola Building (217,000 square feet was vacant for more than 13 years and purchased in 2013 by Stack-On);
- Economic development is a package deal: companies are not buying a property or building, they are buying into all the City of McHenry has to offer (Examples: The people, sense of community, quality of life, McHenry Riverwalk, recreational opportunities, restaurants, quaint downtown areas, diverse retail, solid employment base, home to many national/international corporations, schools, proximity to Fox River, open space, expanse park system, historic fabric, community events and festivals…..)…..Sell the City of McHenry as a great community, place to live, visit, enjoy recreational opportunities, work….
- Remember-even if all buildings were occupied economic development would still remain a top priority for the City of McHenry!!!!!!!!!!
Coming in future blog posts:
- Importance of
economic diversification;
- Why doesn’t
(fill in the name of a business) locate in the City of McHenry?
- Future trends
in economic development;
- What factors
do businesses consider when closing, expanding and/or relocating?
- Challenges
associated with economic development….
Douglas
P. Martin
Director of Economic Development
City of McHenry
333 S Green Street
McHenry, IL 60050
815.363.2110 (d)
815.363.2173 (f)
815.790.4752 (c)
@McHenryIL
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