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"Economic Development is Robust for 2016"

March 16, 2016

Economic Development is Robust for 2016

Highlights of the State of the Ward delivered February 5 by Alderman Margaret Laurino.

 

(Photo caption) From left Jin Lee, Business Development Director, Albany Park Community Center; Dawn D’Amico, executive director, Pulaski Elston Business Association; Cathy Voight, executive director, Gladstone Park Chamber of Commerce;  Alderman Margaret Laurino; Jennifer Herren, executive director, Sauganash Chamber of Commerce; Janita Tucker, executive director, Peterson Pulaski Business & Industrial Council, and Bob Maidar, executive director, Edgebrook Chamber of Commerce.

 

The State of the Ward is robust.

 

I will be talking about recent, major developments in the 39th Ward as well as what you’re likely to see in 2016.

 

Last February, we broke ground for Sauganash Glen at 4300 W. Peterson. It will be 35, high-end single family homes on 4 ½ acres and will provide thousands of jobs by the time it’s completed next year.   I could not point to another section of the city of Chicago where they’re building high-end single family homes.

 

In May, we had a ribbon cutting ceremony to open Restaurant Depot at 5836 N. Pulaski.  Think a Costco – for restaurants.  They sell everything from food to salt and pepper shakers.  The $16 million, 60,000 square-foot store has created 70 new jobs.

 

Last June, we hosted a community meeting to talk about Seafood City opening their first Midwest store at 5033 N. Elston.  Construction begins next week.  The 45,000 square-foot store will be a “one-stop shopping destination” with a supermarket, restaurants, bakeries and pharmacy.  The company currently has more than 20 locations in California, Hawaii, Nevada and Washington.

 

In December, we broke ground for the North Branch Trail extension at Ted Lechowicz Woods.  By this spring the paved trail will reach Forest Glen.  The second phase will extend south to Gompers Park.

 

So what’s in store for the ward in 2016?

 

Next month, we’ll be breaking ground on the Albany Park Storm Water Diversion Tunnel. This drainage tunnel will eliminate the danger of floods that have plagued our northwest side neighborhood for more than a century.  

 

The 18-foot diameter tunnel will divert a flow of 2,300 cubic feet of water per second, bypassing Albany Park and emptying into the North Shore Channel.

 

This summer – HMR Design, a major wedding and event design company that does everything from flowers to furniture – will be leaving Goose Island and moving to 4200 W. Bryn Mawr.  They will occupy 75,000 square feet at the Beltone Building and staff at least 50 employees.

 

Alarmist Brewery opened up last year at 4055 W. Peterson and they’ve been selling their beers by the keg.  These include a pale ale, IPA and oatmeal stout.  This year, they’re looking to open a tap room for anyone who’d like to sample real, Sauganash beer.

 

Also this year, near the Elston Avenue streetscape and the Secretary of State facility, we’re working with the city’s Department of Transportation to install a much needed traffic signal at Mariano’s.

 

Most recently, Al Klairmont and the team at Imperial Realty purchased the entire block on the north side of Peterson from Cicero to Keating.  We’re looking for something really creative because the bar is set high with the parcels they assembled at the northwest corner of Cicero and Peterson which led to a Whole Foods Market.