Mi Costeñita’s Gets a Makeover! Greater Southwest Development Corporation’s BOARD OF DIRECTORS Local spice packager, Mi Costeñita, has begun work on the improvement of their façade with the assistance of the City of Chicago’s Façade Rebate Program for Commercial and Industrial Businesses. While participating in this program, Mi Costeñita is having work done on their docks and is installing a new storefront complete with new windows and masonry. Once the work is completed, the City will rebate the company a portion of the total costs. The improvement project is slated to be finished by June of this year. The Greater Southwest Industrial Staff would like to congratulate Mi Costeñita, the first industrial company in the Greater Southwest Industrial Corridor to participate in the City’s Façade Rebate program! U P C O MIN G E V E N TS President Thomas Bamford Vice President Marquette Bank Vice President Gintaras Cepenas Attorney-at-Law Vice President Mark DiValerio Manager People’s Energy Mark your calendars! Industrial Business Owners GSDC’s Security Meeting for West Englewood and 59th Street Businesses with local CAPS representatives: April 27 at the West Englewood Library. GSDC’s Security Meeting for Ford City Businesses with local CAPS representatives: May 12 at Daley College. Secretary Timothy Herwig Vice President TCF National Bank GSDC is a non-profit community development corporation that has contributed significantly to the residential, commercial and industrial revitalization in Southwest Chicago since 1974. A discussion of safety in the workplace with William Coulehan from OSHA: May 19 at Daley College. Manufacturing Workshop with the City of Chicago’s Deputy Commissioner Bill Trumbull of the Industrial Division and a representative from the Chicago Manufacturing Center will be held on June 17 at Sweetheart Cup Company. Helen Squires, Chicago Manufacturing Center, will speak on services provided by the Center. In the works... Treasurer Juan C. Hernandez Branch Manager LaSalle Bank Dr. Sylvia Ramos President Richard J. Daley College A seminar with NORBIC’s NAFTA assistance representative. Commercial Business Owners The Growth Commission Meeting with the 8th District Police will be held on third Wednesdays of alternate months. The next one is scheduled for July 21. The May meeting has been cancelled in lieu of a special workshop. The How to Succeed in Business Workshop featuring Mayor Daley’s Business Express and a panel of Chicago Lawn business owners will be held on May 19 from 10 am until 2 pm. Don’t miss this exciting workshop! Homeowners Neighborhood Housing Services offers free classes in Spanish in Chicago Lawn at Maria High School on Mondays beginning October 6, 2003. The certificate program consists of four classes. For classes offered in English at other locations, please contact Ms. Lourdes Simms at 773-329-4113. Marquette Bank offers a free two-class certificate program on Saturdays. Next sessions: June 5 and June 12. For more information, please contact Ben Liddell at 773-918-4568. The Storehouse offers free “I Know How” workshops with industry experts who demonstrate how to install windows or tubs, how to place tile, or how to beautify your home with new paint techniques. For more information, please call Kim at 773-9213900, ext. 317. CAPS Beat meetings: Beat 825 will meet at Churchview Apartments at 2644 West 63rd Street at 7 p.m. on April 8 and May 13. Beat 823 will meet at St. Nicholas Church at 3743 W. 62nd Street at 7 p.m. on April 22. 5 Todd Banks Comm. Affairs Manager ComEd James Capraro Executive Director Greater Southwest Development Corp. Joaquin Varela Deacon St. Nicholas of Tolentine Rev. Paul & Judy Anderson New Hope Ministries 2601 West 63rd Street Chicago, IL 60629 773-436-1000 ReVitalize The source for Commercial, Industrial and Housing News H Spring 2004 J In this Issue Turrret Steel Expands 2 Foreclosure Prevention 3 New Business Liaison 4 Greater Southwest Development Corporation James Capraro Executive Director Donna S. Stites First Deputy Director Harry Meyer Deputy Director of Development Betty Gutierrez Deputy Director of Services Karen Wilkosz Comptroller Carla Land Business Liaison Lenora Dailey Industrial Director Sarah McKinley Industrial Assistant Jeff Harris Housing Project Manager Hablamos Español Churchview Supportive Living Facility: Opens in July Greater Southwest is pleased to announce the opening of Churchview Manor’s Supportive Living Facility in the summer of 2004. This apartment building is joined with the existing Churchview Manor Apartments, an independent living facility, at 2626 W. 63rd St. An additional 86 units of affordable apartments will become available for seniors who need extra help in maintaining their lives with dignity and respect. This will be the third senior apartment building that Greater Southwest has developed in Chicago Lawn; truly a “labor of love” and a gift to the community. In 1992, Churchview Manor Apartments was opened with sixty units for low to moderate income seniors. Greater Southwest developed this property to address the need for affordable apartments for seniors in Chicago Lawn and across the city. In 1997, GSDC opened Lawn Terrace Apartments, providing another 102 units of affordable senior housing at 63rd Street and Kedzie Avenue. This time a commercial plaza was added to the apartment building to develop business opportunities for the neighborhood. At present, Holy Cross Hospital Clinic, Metropolitan Children’s Center, State Farm Insurance and Subway Sandwich Shop are in residence and providing services to the community. Churchview Manor’s assisted living services will include three meals a day, an emergency response system, ongoing nursing assessments, medication reminders, free laundry and weekly housekeeping, and assistance with daily living activities such as dressing, bathing, walking, personal grooming and toileting. For more information about our senior communities, please call: Churchview Manor Apartments & Supportive Service Community Lawn Terrace Apartments 773-925-0815 773-925-0730 Turret Steel Expands into Southwest Chicago With three new distribution centers, business is looking up! In June of 2002, Turret Steel Industries Inc. moved from their smaller distribution center in Gary, IN to a 64,000 square foot facility in the Ford City Industrial Park at 74th and Pulaski Avenue on Chicago’s southwest side. Founded in 1970 outside of New York City, Turret later moved its headquarters to the Pittsburg area to be closer to suppliers. Since 1996, the company has expanded into and now has a strong presence in the Midwest with new distribution centers in Warren, OH and Chicago. After acquiring Sunbelt Steel in 1998, Turret opened a facility in Charlotte, NC and are in the process of moving to an even larger warehouse in that area. The following is a list of available industrial real estate in the area. If you would like more information about any of these or know of any properties that should be added to this list please call 773-436-1000 ext. 109. Homeownership: Four more opportunities to make your dream a reality! Building for Sale 7400 S. Rockwell 368,787 SF 4100 W. 76th St. 29,000835,000 SF 5832 S. Maplewood At the moment, Turret’s industrial production is balanced despite the difficulties facing steel industries in the United States. With finished products coming out of China, Korea and Russia at lower costs than that of parts in the United States, competition in the steel business is severe. The challenges of low-cost imports stems from an excess in global steelmaking capacity coupled with aggressive trade practices. Furthermore, changes in protective tariffs create uncertainties in the market, making it more difficult for companies to compete. However, the U.S. steel industry still accounts for 13% of the global raw steel market and the state of Illinois is one of five states composing 80% of the country’s steelmaking capacity. Through all of this, Fred Olmsted, Turret’s Vice President and General Manager of Region 5, remains optimistic. The purchase of the new distribution centers and the company’s stable production rate despite market challenges speak positively for the future. A new addition to the Greater Southwest Industrial Corridor, Turret Steel has already exhibited a commitment to the community, with careful attention to their facility and to their neighbors. Greater Southwest looks forward to further assisting Turret in the future! 6351 S. Fairfield 6349 S. Fairfield professionally renovating four houses in the neighborhoods of Chicago Lawn and Gage Park. If you decide you want to purchase one of these homes before the construction is finished, you’ll have the option to select some of the décor, such as the light fixtures, kitchen cabinets, and tile. The homes will have central air and heat, new windows, new kitchens and bathrooms, two-car garages, hardwood floors and more. Once rehabbed, these beautiful homes will range in price from $157,000 to $180,000 and have a one-year warranty on all construction completed by Greater Southwest. Certain income requirements apply. 2800 W. Columbus Ave. 200,000 SF 5701 S. Claremont 5958 S. Maplewood Here’s an opportunity to buy a beautiful home! Greater Southwest Development Corporation is in the process of Buildings for Lease Louis Otano of Turret Steel Turret Steel Industries is a distributor of special bar quality products. Each location is fully stocked with bars of various shapes and sizes from round to hexagonal. Locations offer special services including bar turning and polishing, saw cutting and heat treatment. With ten full time employees working at the company’s Chicago location, Turret is equipped with saws, bar shears and bar bays to outfit bars as needed. These bars are used by Turret’s customers for forging of steel products such as engine parts. The company’s customers, located throughout North America, including Mexico and Canada, include manufacturers of automobile parts, bolts and screws, machine and hand tool parts. Spring 2004 Vol. 1 Issue 1 Industrial Real Estate 5,50013,500 SF Buildings for Sale or Lease 2220 W. 56th St. 50,000 SF 7501 S. Pulaski Ave. 160,000 SF If interested, please call our Housing Sales Coordinator, Molly Allscheid, at 877-846-6800. Free Assistance to Prevent Foreclosure Industrial Land for Sale/ Lease 7200 S. Kostner 4.5 acres 7540 S. Western 2.5 acres 77th & Kedzie 38 acres John Marshall Law students partner with GSDC For several years now Greater Southwest has been working on various initiatives to reduce home foreclosures in southwest Chicago. The National Training and Information Center recently reported on a 74% spike in Chicago foreclosures between 1993 and 2001. With that troubling trend continuing to affect Chicagoans city-wide, GSDC is expanding its effort to combat foreclosures in our community. This 200,00 Square foot building located at 2800 West Columbus Ave. has 30’ ceilings, 28 docs, ample parking and has offices to suit. As part of that effort, GSDC’s Housing Resource launched a new initiative in 2003 to assist residents affected by foreclosure. GSDC has partnered with Neighborhood Housing Services and the Southwest Organizing Project to host a foreclosure prevention clinic with The John Marshall Law School Fair Housing Legal Support Clinic. Seventeen third year law students from John Marshall are now available in the GSDC offices for daily appointments, Monday through Saturday, with southwest Chicago residents who are currently in foreclosure, who are refinancing an existing home loan, or who are considering financing a new home. Experience shows that an educated home-owner is far more likely to avoid the pitfalls leading to foreclosure. The foreclosure prevention clinic is an invaluable opportunity for residents to gain more information on their legal rights and options to prevent foreclosure. This free and confidential service will be available throughout the months of March and April. Residents should call GSDC at (773) 436-1000 x. 119 to set up an appointment. 2 ~~ Ce le b rat ing 30 ye a rs in t he Communit y ~~ 3 The 63rd Street Growth Commission welcomes Carla Land, our new Business Liaison T he Growth Commission is pleased to welcome Carla Land as the new commercial Business Liaison. Of course, we will miss Larissa Chavez, our former liaison, who dedicated the past three years to organizing the businesses and improving the retail district. The 63rd Street Growth Commission is the commercial division of the Greater Southwest Development Corporation. In March 2003, Ms. Land joined GSDC as the sales and marketing coordinator to sell newly rehabbed houses. She has also worked for the Federal Reserve Bank of Chicago as an internal operations auditor. Please contact Carla Land at 773-4361000, ext. 113 if you’re interested in any of the following programs. With a background in entrepreneurial management from the Wharton School at the University of Pennsylvania, Ms. Land will provide additional services to business owners. Among them, she will assist potential and current business owners in preparing business plans and improving their marketing plans. Please contact Ms. Land at 773-436-1000, ext. 113 for assistance. Façade Rebate Program: This is Security Business Meeting Business owners discuss safety On January 20th and March 24th, business owners met for the bi- monthly security meeting. At the most recent meeting, Seargeant Hennigan and Judy Ollry, Community Organizer, listened to concerns of local commercial businesses and shared their insights. To combat vagrancy, they urged business owners to file complaints. Businesses should post “No Loitering” and “No Soliciting” signs to warn vagrants of impending arrest for trespassing. Also, businesses should consider organizing to support one another on court dates, for vagrants, vandals, and pilferers. The presence of other business owners may compel the judge to deliver a harsher sentence. Homeless people can also be referred to the Department of Human Services, call 311. The Growth Commission encourages business managers to attend these bi-monthly meetings on security. Businesses must work together to ensure maximum efficiency and profitability. Please consider attending the next meeting. Where there is unity, there is strength! one of several programs provided by the Department of Planning and Development. The program includes complete façade renovation, exterior lighting, new signage and graphics, windows and doors, certain types of p a s s iv e s ec u ri t y a nd e ne r g y conservation system. Awning Rebate Program: Fifteen commercial businesses can take advantage of this great program to receive reimbursement up to $1000 upon the installation of an awning that meets the program guidelines. Business Security Incentive Program: Your commercial business can receive up to $750 reimbursement for surveillance equipment and installation. New Program! Important Phone Numbers Business Express City of Chicago’s business hotline 312-744-CITY City of Chicago, call 311 For questions on any City services Neighborhood Relations Office Officers: Commander Rayl, Lt. Michael McGiuney and Sergeant Hennigan 2601 W. 63rd Street Chicago, IL 60629 Ph 773-436-1000 8th District Police Station 312-747-3515 For any community questions or concerns www .greatersouthw est.org 4