Economic Development Resources

ECONOMIC DEVELOPMENT RESOURCES


Let Loves Park’s enthusiastic business-friendly policies do the work for you! 


  1. Free Land:  Pre-approved incentive packages available – ready for your business.
  2. Shovel Ready:  Interstate visibility with full improvements that’s ready to go!
  3. Fast Track:  Interstate visibility with full improvements that’s ready to go!


The City of Loves Park is Open for Business with:

  • 0% Municipal Property Tax
  • 5 TIF Districts ( 2 conventional, 3 industrial / job recovery)
  • Enterprise Zone Partnership – In partnership with the State of Illinois – all new construction in Loves Park has its sales tax forgiven for fixed materials.
  • Business Friendly Development Process – expedited service starting with the conception of your project to its ribbon cutting. From zoning to planning to the final inspection – Loves Park works for business.
  • Convenient Position in the Heart of the Midwest. Located on the longest interstate in the country, I-90, Loves Park is just 60 minutes to Chicago O’Hare Airport (ORD), 75 minutes to Milwaukee Mitchell Airport (MKE), just 50 minutes from Downtown Madison, WI – and 15 minutes from Rockford-Chicago International Airport (RFD) – the fastest growing cargo airport in the world.


Enterprise Zone


CONTACT:

Nathan Bruck
Economic Development /
Planning Manager

815-654-5033

Machesney Park is the ideal destination for your business in the Northern Illinois region! Don’t just take our word for it, see what we have to offer…

 

Machesney Park features:

  • 0% Municipal Property Tax, 5 TIF Districts, and an Enterprise Zone partnership with the State offering several incentives including an investment tax credit and sales tax exemption for fixed building materials
  • Direct access to major roadway infrastructure including, I-90, IL Routes 173 (Westlane), 251 (North 2nd), and 2 (North Main). 
  • 5 Business Parks ready for immediate development with shovel ready properties 
  • An ever-expanding retail corridor on IL-173 drawing in consumers from all throughout the Rockford region and beyond
  • Some of the lowest building permit fee rates in the State
  • Dedicated staff ready to assist you through the entire development process 

 

Let us know how we can help your business call Machesney Park home.



Why Machesney Park


CONTACT:

Dylan Moffitt

Management Analyst

815-877-5432

The Illinois Department of Commerce & Economic Opportunity (DCEO) provides targeted referrals and counseling for economic opportunities to businesses to include site selection; customized workforce training; regional and local collaboration; expedited permitting, licensing and other approvals; connection to key stakeholders and civic and business partners, and potential financial support. Tiana McCall is our One-Stop Resource in the Northern Stateline Region:

Tiana McCall, MBA
Northern Stateline Regional Manager
312.533.6970 / tiana.mccall@illinois.gov

ROCKFORD MSA
(Winnebago & Boone Counties)

ROCKFORD MSA QUICK REFERENCE GUIDE

The Rockford Area Economic Development Council (RAEDC) has released the 2022 version of the Quick Reference Guide. This annual publication featured information about Winnebago County and the Rockford Metropolitan Statistical Area (MSA) which includes Winnebago and Boone Counties.

The 2022 version includes select occupational salaries from various careers, additional demographic information, and an updated version of the region’s largest employers.

Information like this is used when people are relocating into the area as well as when the RAEDC responds to Requests for Information for real estate professionals, brokers, and site selectors. This is especially important when we talk about our customized education to workforce pipelines, the support of the 7:2:1 workforce ratio, our skilled workforce, and the cost of doing business in the region.

These data points demonstrate why we are Your Opportunity Region.
CLICK HERE TO DOWNLOAD THE QUICK REFERENCE GUIDE
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