Downtowns are the heart of any city. They are the place where the community celebrates its city’s special occasions. Their buildings and businesses tell their city’s stories of resilience and change.
While few downtowns are the retail centers they once were, they are still home to local businesses – whether that’s a mechanic, a coffee shop or a jewelry store – that offer goods and services that the larger big box stores can not. Also, when residents shop local, those tax dollars go right back into the community.
Downtown Elgin is also attracting new business in the areas of technology and the arts. Small, start-up tech companies are attracted to downtown’s urban amenities and affordable rents that allow for growth and innovation. In addition, downtown Elgin is fast becoming the hub for the arts scene outside of Chicago. Downtown Elgin is now the home to various visual and performing arts groups, salons and exhibits. Plus artists and arts-related businesses have access to a burgeoning creative community that will truly flourish at Elgin Artspace , a 55-unit housing development for artists with 6,000 square feet of new commercial space.
The City of Elgin has invested more than $300 million in its downtown over the past decade with new streets, sidewalks and sewers, beautiful parks and riverwalk, state-of-the-art rec center, award-winning library and grants to help property owners restore the historic character of more than 75 buildings. This public investment has encouraged millions in private investment to bring new residential developments and independent businesses to the district.