As a business and member of the Oswego Chamber, I attended the 3rd Annual Oswego Chamber of Commerce “State of the Village” address on February 17th featuring Village President Brian LeClercq and Oswego Economic Development Director Vijay Gadde. The theme of this event was Oswego’s pro-business climate, accomplishments over the past year and future development highlights. We at MeritCorp Group are excited about these growth opportunities in our area and hope that it will continue to strengthen the economic development in Oswego and the surrounding communities in the coming years. Following are the Highlights from the breakfast:
- Win Soon, Inc. is planning their second U.S. production facility in 2014 for their Asian style cultured beverages in Oswego, IL in the Kendall Point Business Center. They expect to create 40 fulltime employment positions the first year and reach 180 by the year 2020. Read more in the Oswego Patch.
- It is not official yet, but rumor has it that the vacant Lowe’s building finally has a buyer. The tentative plan is the break it up into multiple retail spaces and Hobby Lobby may be one of the first retailers to fill a large portion of the now empty space.
- Last year the Village approved a development plan and special use permit for a truck transit facility at 2000 Wiesbrook Drive in the Kendall Point Business Center. This year the opening of the Sam’s Club logistics center at that location should start with 40 jobs for area residents and hopefully grow to around 100.
- Although Centrella looked at buying multiple Dominicks stores that stand empty at the end of last year, the fate of the empty store remains uncertain. Rumors of different grocery chains (Whole Foods?) are floating around in other markets but given the number of grocers in close proximity to this location that may not be the case in Oswego. The possibility of breaking the retail space up to suit smaller businesses is more likely for this location. Vijay Gadde is working with the building’s current owner to help find an end user(s) but ultimately the fate of that space is in the hands of the owner.
- Despite the overall sluggish economy, Oswego has a healthy number of new residential housing permits and new commercial businesses opened. For more information on these numbers and the growth and development happening in Oswego visit www.osweoil.org/ed
- By Todd Roberts
Principal
For information on the Village of Oswego Visit: http://www.oswegoil.org/
For Information on the Oswego Chamber of Commerce: http://www.oswegochamber.org/
- Win Soon, Inc. is planning their second U.S. production facility in 2014 for their Asian style cultured beverages in Oswego, IL in the Kendall Point Business Center. They expect to create 40 fulltime employment positions the first year and reach 180 by the year 2020. Read more in the Oswego Patch.
- It is not official yet, but rumor has it that the vacant Lowe’s building finally has a buyer. The tentative plan is the break it up into multiple retail spaces and Hobby Lobby may be one of the first retailers to fill a large portion of the now empty space.
- Last year the Village approved a development plan and special use permit for a truck transit facility at 2000 Wiesbrook Drive in the Kendall Point Business Center. This year the opening of the Sam’s Club logistics center at that location should start with 40 jobs for area residents and hopefully grow to around 100.
- Although Centrella looked at buying multiple Dominicks stores that stand empty at the end of last year, the fate of the empty store remains uncertain. Rumors of different grocery chains (Whole Foods?) are floating around in other markets but given the number of grocers in close proximity to this location that may not be the case in Oswego. The possibility of breaking the retail space up to suit smaller businesses is more likely for this location. Vijay Gadde is working with the building’s current owner to help find an end user(s) but ultimately the fate of that space is in the hands of the owner.
- Despite the overall sluggish economy, Oswego has a healthy number of new residential housing permits and new commercial businesses opened. For more information on these numbers and the growth and development happening in Oswego visit www.osweoil.org/ed
- By Todd Roberts
Principal
For information on the Village of Oswego Visit: http://www.oswegoil.org/
For Information on the Oswego Chamber of Commerce: http://www.oswegochamber.org/
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