In the news
Warehouses added to Rock Run Crossings plan
Bob Okon – The Herald News 1/6/2021
A new feature is being added to the plans for Rock Run Crossings, which is billed as a future destination center that would attract shoppers, diners, moviegoers and more from a region spanning into the Chicago suburbs and central Illinois –warehouses.
The Joliet City Council on Tuesday approved several measures related to the project, including tax incentives and a rezoning of about 17% of the site for industrial development. The entire project is 263 acres located at the crossroads of Interstates 55 and 80, a location seen as a boon for future development but currently lacking access from the interstates.
The council approved the rezoning of 59 acres previously slated for general business development, which are now zoned for light industrial. The industrial development would go on the east end of the property nearest to the existing Rock Run Business Park, which largely consists of warehouses now.
Read More at HeraldNews.com
The new Greater Chicagoland Economic Partnership was announced this week and includes the City of Chicago, Cook County and six counties across the northeastern Illinois region including Will County.
The kind of project that doesn’t come along very often. That’s how Peter Schmidt, senior vice president with Rosemont, Illinois-based Meridian Design Build, described the Lion Electric project in Joliet, Illinois.
Ruth Colby, CED Board Chair, welcomed more than 250 guests and thanked members of the CED Board for their time, guidance, and leadership in making the CED and Will County the best it can be. She reflected on the CED’s forty-one years of success. In 2022 forty-three investor organizations marked 30 years or more of investment in the CED, which was commemorated through presentations of Certificates of Appreciation recognizing their commitment to community and their partnership with the Will County Center for Economic Development.