Address and phone number for Highland Park Economic Development, an Economic Development Agency, at Half Day Rd, Highland Park IL.
The Highland Park Economic Development, located in Highland Park, IL, is a government agency that promotes business activity and development in the Lake County area. The Economic Development Agency (EDA) attracts and retains business, promotes development to increase employment and the tax base, and encourages a thriving economic environment in Highland Park. The EDA also offers small business support programs and land development programs.You may contact the Economic Development Office for questions about:
The Economic Development Office promotes the Lake County area for business development, highlighting Highland Park as a favorable location to do business. The EDA works closely with Lake County Chambers of Commerce and business groups to market the region for business development. To promote business, the EDA creates marketing materials, creates promotional advertising, and organizes Lake County business expos. In addition to business development, the Economic Development Office promotes workforce development through job creation programs and training opportunities.Land Development Programs in Highland Park, IL
In Highland Park, the Economic Development Center seeks developers for undeveloped land or areas in need of redevelopment. They market development opportunities and identify obstacles to development, such as site contamination or a lack of funding. The Highland Park Economic Development maintains an inventory of available commercial land and commercial building space in Highland Park to match developers, landlords, and business owners with prime locations.Small Business Support Programs
As part of its business development agenda, the Economic Development Agency offers small business support programs. These programs provide ombudsmen services, support small businesses with licensing and Lake County permitting requirements, and connect small businesses with bidding opportunities for government contracts.Economic Development Grants & Loans
The Economic Development Office administers Lake County grants and loans. These include Brownfield Redevelopment grants, facade improvement grants, and Lake County public improvement grants. Businesses can also qualify for Lake County loan programs, often with below-market interest rates and less stringent credit requirements than business loans from traditional financing institutions.Lake County Tax Incentives
In Illinois, the Economic Development Corporation administers tax incentives for businesses that expand or relocate within the jurisdiction. Funding for tax incentives may come from the Illinois state level, the Lake County level, or the Highland Park level. The Economic Development Office offers tax incentives or tax abatements on the theory that new businesses or expanding businesses generate job opportunities in Lake County and thus increase the tax base.Contact the Highland Park Economic Development
You may contact the Highland Park Economic Development by calling 847-432-0895, or by addressing inquiries to the office mailing address: Highland Park Economic Development, 1150 Half Day Rd, Highland Park, Illinois, 60035.
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