Investment By The Lake In Waukegan
So I recently came across a new investment opportunity by the lake. Waukegan, Illinois has been a depressed little city for the past 40 years. However, the city has been planting some seeds over the past 5 years that are really beginning to bear some fruit.
If you go to the Waukegan Vision web page below you'll see that the city has invested and will continue to invest several million dollars into bringing the city back to life. The city went out and hired the very best architecture & planning firm in the country in Skidmore, Owings & Merrill (SOM) to help them put together a master plan for the next 20 years. After reading through the master plan and doing some of my own investigation, I've put together some of my thoughts on why I see so much opportunity in Waukegan.
History
Waukegan is home to the late great radio comedian Jack Benny. It's here where he grew up and went to school. Waukegan is also home to the newly renovated ($23Mil) Genesee Theatre , which has played host to many great acts including Jack Benny and Jerry Seinfeld.
Location, Location, Location
Waukegan has a perfect location right on Lake Michigan between Chicago, IL to the south and Milwaukee, WI to the north. Waukegan has some of the most beautiful beaches in Illinois and sits on the south border of Illinois Beach State Park. Home to one of the few public yachting clubs in Illinois, Waukegan also has a nice sized harbor with very reasonable rates on boat slips. The harbor is planning a complete renovation of the harbor starting in 2007. The harbor will be dredged and new floating docks will be installed to support the larger boats coming into the harbor. The city also plans to invest in protecting and reestablishing the northern wetlands just south of the state park. They will achieve this by installing raised wooden pathways designed to support pedestrian and bike traffic and protect the fragile ecosystems there.
Transportation
The Metrarail stops in downtown Waukegan and can get you to downtown Chicago in just over an hour. This is a very nice convenience for those who are already doing the commute to downtown. If they lived in Waukegan they hop on the train instead of dealing with the aggravation of traffic.
Business
Companies like Abbott Labs, Cardinal Health, US Navy, Grainger, Hewitt Associates, Motorola, Six Flags Great America, and Baxter Healthcare are all within minutes of downtown Waukegan. These companies represent over 70,000 jobs in Lake County.
If you go to the Waukegan Vision web page below you'll see that the city has invested and will continue to invest several million dollars into bringing the city back to life. The city went out and hired the very best architecture & planning firm in the country in Skidmore, Owings & Merrill (SOM) to help them put together a master plan for the next 20 years. After reading through the master plan and doing some of my own investigation, I've put together some of my thoughts on why I see so much opportunity in Waukegan.
History
Waukegan is home to the late great radio comedian Jack Benny. It's here where he grew up and went to school. Waukegan is also home to the newly renovated ($23Mil) Genesee Theatre , which has played host to many great acts including Jack Benny and Jerry Seinfeld.
Location, Location, Location
Waukegan has a perfect location right on Lake Michigan between Chicago, IL to the south and Milwaukee, WI to the north. Waukegan has some of the most beautiful beaches in Illinois and sits on the south border of Illinois Beach State Park. Home to one of the few public yachting clubs in Illinois, Waukegan also has a nice sized harbor with very reasonable rates on boat slips. The harbor is planning a complete renovation of the harbor starting in 2007. The harbor will be dredged and new floating docks will be installed to support the larger boats coming into the harbor. The city also plans to invest in protecting and reestablishing the northern wetlands just south of the state park. They will achieve this by installing raised wooden pathways designed to support pedestrian and bike traffic and protect the fragile ecosystems there.
Transportation
The Metrarail stops in downtown Waukegan and can get you to downtown Chicago in just over an hour. This is a very nice convenience for those who are already doing the commute to downtown. If they lived in Waukegan they hop on the train instead of dealing with the aggravation of traffic.
Business
Companies like Abbott Labs, Cardinal Health, US Navy, Grainger, Hewitt Associates, Motorola, Six Flags Great America, and Baxter Healthcare are all within minutes of downtown Waukegan. These companies represent over 70,000 jobs in Lake County.
So I recently came across a new investment opportunity by the lake. Waukegan, Illinois has been a depressed little city for the past 40 years. However, the city has been planting some seeds over the past 5 years that are really beginning to bear some fruit.
If you go to the Waukegan Vision web page below you'll see that the city has invested and will continue to invest several million dollars into bringing the city back to life. The city went out and hired the very best architecture & planning firm in the country in Skidmore, Owings & Merrill (SOM) to help them put together a master plan for the next 20 years. After reading through the master plan and doing some of my own investigation, I've put together some of my thoughts on why I see so much opportunity in Waukegan.
History
Waukegan is home to the late great radio comedian Jack Benny. It's here where he grew up and went to school. Waukegan is also home to the newly renovated ($23Mil) Genesee Theatre , which has played host to many great acts including Jack Benny and Jerry Seinfeld.
Location, Location, Location
Waukegan has a perfect location right on Lake Michigan between Chicago, IL to the south and Milwaukee, WI to the north. Waukegan has some of the most beautiful beaches in Illinois and sits on the south border of Illinois Beach State Park. Home to one of the few public yachting clubs in Illinois, Waukegan also has a nice sized harbor with very reasonable rates on boat slips. The harbor is planning a complete renovation of the harbor starting in 2007. The harbor will be dredged and new floating docks will be installed to support the larger boats coming into the harbor. The city also plans to invest in protecting and reestablishing the northern wetlands just south of the state park. They will achieve this by installing raised wooden pathways designed to support pedestrian and bike traffic and protect the fragile ecosystems there.
Transportation
The Metrarail stops in downtown Waukegan and can get you to downtown Chicago in just over an hour. This is a very nice convenience for those who are already doing the commute to downtown. If they lived in Waukegan they hop on the train instead of dealing with the aggravation of traffic.
Business
Companies like Abbott Labs, Cardinal Health, US Navy, Grainger, Hewitt Associates, Motorola, Six Flags Great America, and Baxter Healthcare are all within minutes of downtown Waukegan. These companies represent over 70,000 jobs in Lake County.
If you go to the Waukegan Vision web page below you'll see that the city has invested and will continue to invest several million dollars into bringing the city back to life. The city went out and hired the very best architecture & planning firm in the country in Skidmore, Owings & Merrill (SOM) to help them put together a master plan for the next 20 years. After reading through the master plan and doing some of my own investigation, I've put together some of my thoughts on why I see so much opportunity in Waukegan.
History
Waukegan is home to the late great radio comedian Jack Benny. It's here where he grew up and went to school. Waukegan is also home to the newly renovated ($23Mil) Genesee Theatre , which has played host to many great acts including Jack Benny and Jerry Seinfeld.
Location, Location, Location
Waukegan has a perfect location right on Lake Michigan between Chicago, IL to the south and Milwaukee, WI to the north. Waukegan has some of the most beautiful beaches in Illinois and sits on the south border of Illinois Beach State Park. Home to one of the few public yachting clubs in Illinois, Waukegan also has a nice sized harbor with very reasonable rates on boat slips. The harbor is planning a complete renovation of the harbor starting in 2007. The harbor will be dredged and new floating docks will be installed to support the larger boats coming into the harbor. The city also plans to invest in protecting and reestablishing the northern wetlands just south of the state park. They will achieve this by installing raised wooden pathways designed to support pedestrian and bike traffic and protect the fragile ecosystems there.
Transportation
The Metrarail stops in downtown Waukegan and can get you to downtown Chicago in just over an hour. This is a very nice convenience for those who are already doing the commute to downtown. If they lived in Waukegan they hop on the train instead of dealing with the aggravation of traffic.
Business
Companies like Abbott Labs, Cardinal Health, US Navy, Grainger, Hewitt Associates, Motorola, Six Flags Great America, and Baxter Healthcare are all within minutes of downtown Waukegan. These companies represent over 70,000 jobs in Lake County.
posted by zzzzzzzzzzz at
2:33 AM
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