Efforts will focus on building human capital, supporting existing businesses and redeveloping industrial/commercial property for viable new businesses, which will require the deployment of capital and technical support to bolster neighborhood entrepreneurs.
Through coordinated investment in available human and financial capital, technical support, marketing and “shovel-ready” real estate in neighborhoods, Near West will retain and attract growing small businesses and larger enterprises that will create jobs.
This will also entail redeveloping older industrial and commercial areas (often including brownfields) to meet the location needs of growing regional business sectors.
Additionally, it will include neighborhood-level commercial development that will offer essential goods and services in mixed-use places.
Key Near West Big Ideas are to:
- Advocate for streetscapes and street improvements.
- Secure intensive education and support of NW businesses.
- Reclaim and reuse brownfields for positive development opportunities.