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Carpentersville unveils redesigned economic development webpage with corridor-focused data
Summary
Village staff and consultants previewed a beta economic development site that highlights four development corridors, TIF mapping, and market data showing a 5-mile market of roughly 134,000 people and an estimated unmet retail demand figure presented as over $200 million.
Village staff and consultants presented a redesigned economic development web page at the Feb. 17 board meeting intended to make development data easier for prospective investors and tenants to use. Director Dabrowski said the update supports a board strategic goal to attract development that fills vacant storefronts and underutilized parcels and to focus on four development corridors: Illinois Route 25, Route 31, Randall Road and the village’s Western Expansion Area.
Consultant Jen Hyde (presented as the web lead) demonstrated corridor landing pages, embedded maps (TIF and zoning), traffic counts and an integrated contact form that immediately routes prospective inquiries to relevant staff. Director Dabrowski and the consultant team said the village used KC-based YCANE (Kane County Development Corporation) data and CoStar inventory to compile market statistics. Key figures given in the presentation: a 5-mile market population cited as roughly 134,000 people; industrial inventory of about 2,000,000 square feet with an estimated vacancy around 0.8%; commercial inventory about 1,300,000 square feet with roughly a 4.8% vacancy; and a presented measure of “unmet demand potential” described as "over $200,000,000." The presenters said data vary across the eastern and western halves of the village and emphasized that the site’s graphics and copy are intended to present those data more accessibly to developers.
Trustees asked about who will maintain contact with YCANE (Director Dabrowski said staff and consultants will handle requests) and when the site will go live (staff indicated the plan is to launch the week after the meeting; the record describes the site as in beta at the meeting). Trustees congratulated staff on the quick turnaround.
What’s next: Staff invited trustees to review the beta site, provide feedback for corrections, and prepare for a public launch; further marketing and corridor-specific outreach were discussed as part of implementation.
