Economic Development Strategic Priorities

The Village of Roselle engaged in a strategic planning process during the fall of 2013, resulting in a strategic plan for the three-year period 2014-2016. The full Strategic Plan, including the Summary Report presented by the Northern Illinois University Center for Governmental Studies, is available on the Village's website here. The following Economic Development initiatives were established as part of the 2014-2016 Strategic Plan.

Strategic Priority: Economic Development - Growth
Strategic Initiatives
New restaurants  New restaurant opens on Village owned site – 49 E. Irving Park Road by 12/31/16 
Retail vacancy rate 
Retail vacancies in business corridors reduced by 5% from 1/1/14 - 12/31/16
Land availability North Roselle Road is repositioned for growth through special districts- incentives and annexation by 12/31/16

Retail and Recruitment Development Strategy
Roselle Retail Recruitment and Development Strategy - As part of a larger strategic planning effort in 2012, the Roselle Village Board identified economic development as one of its five strategic objectives. In spring 2012, the Village Board hired Mike Mallon of Mallon and Associates, Inc. to complete a retail recruitment and land development strategy study.

Mallon presented a final report (PDF) from this study to the Village Board on July 9, 2012. This report is being used as a tool for establishing priorities related to future economic development efforts.