Category: Economic Development

Urban Partnership Bank, Which Has A Branch In Bellwood, For Sale

Thursday, February 15, 2018 || By Local News Curator || @maywoodnews 

Featured image: Urban Partnership Bank in Bellwood. | Urban Partnership Bank

Crain’s Chicago Business reported on Thursday that Urban Partnership Bank, which was established after ShoreBank failed in 2010, “is seeking a buyer.” The bank has a branch located at 4310 St. Charles Rd., in Bellwood.

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Maywood Zoning Board To Meet Tuesday, Feb. 13, 7 PM, To Consider Zoning Relief

Tuesday, February 13, 2018 || By Community Editor || @maywoodnews 

The Maywood Plan Commission/Zoning Board of Appeals  is scheduled to meet tonight, Tuesday, Feb. 13, 7 p.m., at Council Chambers, 125 S. 5th Ave., to consider zoning relief related to a proposal from Interfaith Housing Development Corporation (IHDC) for a 72-unit mixed-use housing development at 800 to 820 S. 5th Avenue in Maywood.

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D209 And Center For Economic Progress To Offer Free Tax Prep Services

Tuesday, January 23, 2018 || By Community Editor || @maywoodnews 

Proviso Township High Schools District 209 is collaborating with the Center for Economic Progress (CEP) to provide free tax preparation services to low-income students, families and community members in Proviso Township for four days this year.

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Maywood Board Hears Development Proposal For First And Lake Sites

Tuesday, December 26, 2017 || By Michael Romain || @maywoodnews 

Could a Starbucks possibly be headed to Maywood?

Representatives with a Burr Ridge-based commercial real estate brokerage say that the idea of the global coffee behemoth landing another outpost in the west suburb isn’t all that far-fetched.

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Seeking Revitalization, Maywood Group Looks to Artist Lofts

Tuesday, November 28, 2017 || By Michael Romain || @maywoodnews || Updated: 11/29/17

Featured image: An architectural rendering of a proposed Artscape redevelopment in Chicago’s Pullman neighborhood. | Artspace

If a group of community stakeholders in Maywood have their way, the village could be home to a redeveloped building that could include living and work space for artists, similar to developments that have been cropping up around the country over the last three decades.

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GOP Tax Plan Would Axe Tax Credit — Cutting Maywood

Friday, November 10, 2017 || By Michael Romain || @maywoodnews 

Featured image: The Maywood Home for Soldiers’ Widows.  

The proposed tax reform bill that was introduced in the U.S. House of Representatives on Nov. 2 could have ramifications for the future of Maywood’s economic development. The bill would eliminate the Historic Tax Credit program, a 20 percent tax credit available to developers looking to restore historic, income-generating properties.

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RTA Seeking Public Comments for Updated Maywood Station Area Plan

Wednesday, September 13, 2017 || By Community Editor || @maywoodnews 

Featured image: A conceptual drawing of a downtown development in Maywood included in the 2004 RTA station area plan. | RTA

The Regional Transportation Authority (RTA) recently announced the start of a public comment period for nine proposed program projects, including one in Maywood. The public comment period is open until Sept. 30.

Continue reading “RTA Seeking Public Comments for Updated Maywood Station Area Plan”