Skokie lawmakers are poised to take an unprecedented step to pump greater economic life into Westfield Old Orchard Shopping Center. From the Pioneer Press.
Shoppers visit Old Orchard Mall during Black Friday holiday shopping in Skokie on Friday, Nov. 27, 2020.
The Skokie Village Board is scheduled to take a preliminary Feb. 7 vote on making the mall a “business district,” a classification that would allow businesses there to charge an extra 1% sales tax, according to documents. The revenue generated could be used to reinvest in and reinvigorate the mall, said Len Becker, Skokie economic development specialist.
The current sales tax in the village is 10.25 percent for retailers. Restaurants, bars and eateries collected an additional 2.25 percent food and beverage tax. “This is a tool that is intended to be used for ‘blighted areas,’” he said. “The Old Orchard shopping center in the most commercially successful area in all of Skokie.”
The proposed business district is comprised of over 1.7 million square feet of commercial development that includes large retailers such as Macy’s, Nordstrom, and Bloomingdale’s, the memo says. It says other uses include national chain and smaller independent retailers, restaurants, offices, open areas, recreation and entertainment uses.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Skokie Village Board to consider Carvana tower Feb. 7; critics say it will kill birdsBirders opposed to the building of a Carvana used car sales glass tower next to a Skokie forest preserve say the 14-floor tower could cause the death of thousands of birds who mistakenly fly into it. From the Pioneer Press.
Read more »
Tasting: Three 18-Year-Old Single Malt Whiskies from Balbair, Speyburn and Old PulteneyTasting: Three 18-year-old single malt scotch whiskies from Balbair, Speyburn and Old Pulteney. scotch singlemalt whiskey whisky
Read more »
Sagamore Hills police search for missing 65-year-old woman with dementiaSagamore Hills police are asking for the public's help locating a missing 65-year-old woman.
Read more »
Drake’s 4-Year-Old Son Adonis Just Gave Him an Existential Crisis, En FrançaisAdonis, master of existentialism.
Read more »