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260424
| 1 | | | Information Item | Yorktown Center Business Investment Grant Program
The Community Development Department has received a request from Pacific Retail Capital Partners (PRCP), the owners of Yorktown Center, seeking utilization of funds generated in Business District #2, as well as funds from the Butterfield-Yorktown TIF District. The proposed program would establish up to $6 million in capital-improvement reimbursement grants to attract businesses, fill vacant space and support qualifying expansion at Yorktown Center.
Staff recommends establishing a new Business Investment Grant Program to support tenant attraction, business expansion, and redevelopment within Yorktown Center. The program is designed to incentivize permanent capital improvements that "run with the property." As new businesses occupy and improve tenant spaces, those investments strengthen the overall quality and competitiveness of Yorktown Center.
The proposed program would create a standardized, predictable incentive framework that replaces individual incentive negotiations while maintaining project-level review and financial oversight | | |
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260425
| 1 | | | Information Item | 2nd Annual Lombard Restaurant Week
The Village is organizing the 2nd Annual Lombard Restaurant Week, scheduled for January 22 through 31, 2027. The event will build upon the success of the inaugural Restaurant Week held in January 2026, continuing to promote Lombard's diverse dining options and support local restaurants and businesses. (DISTRICTS - ALL) | | |
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