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Welcome!
Here's your first issue of Rising Star eNews, the quarterly e-newsletter that contains the latest development opportunities in the growing Rockford area. For more information, visit www.rockfordil.com.
To share the current issue of Rising Star eNews with your colleagues, send them an email containing the following URL: http://www.rockfordil.com/enews/
For more information on the properties, please contact the listing agent. For information, visit www.rockfordil.com, or contact the RAEDC at 815.987.8118 or information@rockfordil.com.
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10100 Forest Hills Parkway Machesney Park, IL For more info: Randy Ballard Ballard Properties 815.399.6600 |
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Total SF: 120,000 Available: 90,000 sf in 3 bays, 30,000 sf each Over 20,000 sf of office space, could be leased separately Peak Ceiling Height: 17 ft Zoning: Light Industrial Year Constructed: 1994 All bays temperature controlled Lease: $2.75 +triple net |
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6701 Clinton Road Loves Park, IL For more info: Tim Regnier Commercial Property Team 815.229.8975 |
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Total SF: 347,271 Available: 90,000 Condition: Well maintained, warehouse distribution Zoning: Light Industrial Year Constructed: 1989 Parking: 500 Peak ceiling height: 23 ft Sale $5,500,000/Lease $2.50 +triple net |
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5100 East State Street Rockford, IL For more info: Steve Clark Doyle Woodhouse & Moore 815.877.5995 |
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Total SF: 20,000 Available: 2,400 - first floor; 14,000 - second floor Zoned: Commercial Year Constructed: 1994 Parking: 100+ spaces Sale or lease $9 +triple net; owner will share in leasehold improvements |
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Rock 39 Rockford Logistics Park Blackhawk & Falcon Rds For more info: Rob Lamb, Industrial Development Manager City of Rockford 815.967.6729 |
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Acreage: 44.5 acres Zoned: Industrial Construction Ready: Yes TIF: Yes Rail Siding: Yes Rail Spur: Yes Within two miles of Interstate: Yes City Owned: Yes |
| Workforce Statistics | (July) 2006 | 2005 | 2004 | 2003 | 2002 |
| Civilian Labor Force | 171,516 | 166,881 | 164,251 | 163,291 | 163,731 |
| Number Employed | 161,796 | 156,206 | 152,001 | 150,029 | 151,560 |
| Number Unemployed | 9,720 | 10,675 | 12,250 | 13,262 | 12,171 |
| Percent Employed | 5.7 | 6.4 | 7.5 | 8.1 | 7.4 |
| Source: Illinois Dept. of Employment Security | |||||
| Labor Surplus Area The Rockford area counties of Boone, Stephenson, and Winnegago are State of Illinois designated "Labor Surplus Areas." These counties have an unemployment rate at least 20% higher than the State of Illinois average. |
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Global Trade Park, The Global Trade Park (GTP) is a one of a kind asset in the Midwest and an integral component of western Chicago's In-Land Port. The GTP provides immediate access to an intermodal facility, air cargo operations and the U.S. interstate system. For more information, contact Rob Lamb, Industrial Development Manager, City of Rockford's Community Development Department, 815.967.6729. |
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Specific attributes include: |
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Lowe's, Fortune 42, Selects Rockford; Regional Distribution Center On Schedule The construction of Lowe's largest distribution center, 1.4 million sq. ft. expandable to 2 million sq. ft., is on schedule on 154 acres in southwest Rockford. The City of Rockford assembled the property and made infrastructure improvements before selling the property to Lowe's. "Rockford is an ideal spot for us," said Neil Buck, general manager of Lowe's Regional Distribution Center in Rockford. "We're glad we entered the Rockford region," he added. |
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 Neil Buck general manager of Lowe's Regional Distribution Center, Rockford, Illinois For more information about Lowe's or how your client could benefit from a Rockford location, contact Eric Voyles, RAEDC's Vice President of National Business Development, or call 815.987.8118. |
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EDGE Tax Credit Available to Qualified Companies The Economic Development for a Growing Economic tax credit (EDGE) offers a special tax incentive to encourage companies to locate or expand operations in Illinois when there is active consideration of a competing location in another State. The program can provide tax credits to qualifying companies, equal to the amount of state income taxes withheld from the salaries of employees in the newly created jobs. The non- refundable credits can be used against corporate income taxes to be paid over a period not to exceed 10 years. |
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An employer may apply for EDGE consideration by: For more information on this or other incentives, contact the RAEDC at 815.987.8118 or email information@rockfordil.com. |
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