Economic & Community Development
Economic Development Profile
BusinessThe Village of Hazel Crest is a pro-business community which works closely with developers and business owners to encourage and enhance the Villages business environment for all of its citizens. Economic Development Incentives. The Village has been aggressive in the application of economic development incentives including sales tax incentives, property tax rebates and TIF districts. The Village welcomes interest in potential development opportunities and has created a subcommittee of two trustees and staff which directly advises the Board on economic development issues. New Business Development Since 1993:
Existing Large Employers. Successes are readily visible from the Village's largest employers including MI-JACK Products ( http://www.mi-jack.com/ ) and South Suburban Hospital ( http://www.advocatehealth.com ). Founded in 1955, MI-JACK has grown from three employees to more than 300 at its corporate headquarters in Hazel Crest and to more than 1,500 employees with five regional offices, facilities in 17 U.S. cities and five international sites. MI-JACK began as a distributor of heavy equipment to railroads, ports, pre-cast concrete, and steel fabricators. Today, its construction equipment manufacturing includes forklifts; scissors lifts; serial work platforms; and hydraulic trucks, rough terrain, and industrial cranes, often noticeable during interstate construction in the Chicago area. The Village's other largest employer is South Suburban Hospital with more than 300 physicians plus support staff. The 270-bed facilities offers 24-hour emergency services, complete in-and out-patient services, including diagnostic, rehabilitation and surgical; family-birthing; sick-child day care center; skilled nursing units; complete wellness and education centers; and Club Vitality with more than 8,000 membership by seniors. South Suburban Hospital offers a wide range of comprehensive inpatient, outpatient, diagnostic and ambulatory medical services. South Suburban has a strong tradition of innovation in the use of state-of-the- art technology. The hospital offers such high-tech services as laser surgery, laser, angioplasty outside the heart, lithotripsy, laparoscopic cholecystectomy, magnetic resonance imaging (MRI), SPECT nuclear imaging, echocardiography, cardiac catheterization, electrophysiology, and vascular imaging.The hospital was first organized in 1946 by three doctors as Hazel Crest General Hospital, a 16-bed facility located at 171st Street and Dixie Highway. The hospital was renamed South Suburban Hospital in 1966, opened a new facility at its current site in 1971 and is now a full service acute care hospital, licensed for 325 beds. South Suburban Hospital also operates family health centers in Glenwood, Tinley Park, Frankfort, Hazel Crest and Richton Park. Click here for more information about South Suburban Hospital. TIF DistrictsThe Village has two designated TIF areas, both on 175th Street between Dixie Highway and Kedzie Avenue. Palmer LakeLocation: On 175th between Governors Highway and Dixie Highway.
Cherry Creek Business ParkLocation: Vacant Land on 175th, between Governors Highway and Kedzie
Commercial and Industrial Development Opportunities
Village of Hazel Crest
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Name & Location |
Owner |
Contact |
Sq. Footage |
Vacancies |
|
Fountainbleau Court |
Repak Real Estate |
Alan C. Kaplan |
38,696 sq. ft. |
1 @750 sq.ft. |
|
French Village |
Val Skarlov |
Joseph R. Jankovsky |
53,131 sq. ft. |
41,100 Sq. ft. |
|
Grenoble Square |
Paradise Properties, LLC. |
Moo & Oink & More |
93,000 sq. ft. |
3500 sq. ft. |
|
Hazel Crest Center |
Matanky Realty Group |
Terri J. Cox |
83,800 sq. ft. |
2,000 sq. ft. |
|
Highlands Shopping Center |
Arthur Wolf |
Arthur Wolf |
6,400 sq. ft. |
None |
|
Karp’s Plaza |
Joseph J. Karp |
Joseph J. Karp & Company |
7,200 sq. ft. |
None |
|
The Crossings |
Ted Pyrilis |
Anna Reidler |
11,000 s. ft. |
2500 sq. ft. |
Updated
Nov. 2004For more information, contact Robert Palmer, Village Manager, 708/335-9600.
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Name & Location |
Owner |
Contact |
Sq. Footage |
Vacancies |
|
Crest Courts Offices |
Mars Equities |
Diane DeCicco |
17500 – 4262 sq. ft. |
Yes |
|
Doctor’s Pavilion |
GLR Medical Properties One |
Brenner & Wiley |
50,491 sq. ft. |
Yes |
|
Medical Park Condos |
Chiliad Partners Ltd. |
Rodney Falls |
62, 000 sq. ft. |
Yes
|
|
South Suburban Medical Ctr. |
South Suburban Professional Building Partners |
Dr.
Prakash G. Sane |
7,100 sq. ft. |
Yes |
|
South Suburban Professional Building |
Bruce Rackouski |
Eagle Properties |
11,292 sq. ft. |
2,274 sq. ft. |
|
Stonebridge Professional Building |
|
Dr.
Bansi D. Sharma |
6,250 sq. ft. |
|
|
Village West Professional Building |
Collin Alpert |
Collin Alpert & Assoc., LLC |
29,764 sq. ft. |
800 sq. ft. |
Updated Apr
. 2005For more information, contact Robert Palmer, Village Manager, 708/335-9600.
Last Revised: September 11, 2005 02:35 PM