The South Elgin Economic Development Council (SEED) is a not-for-profit organization founded in 1998 and incorporated in 2000. SEED enjoys a close working relationship with the Village of South Elgin, which embraces its economic development mission and helps fund the organization's program of work. Representatives from the Village serve as ex-officio members of SEEDís Board of Directors, assuring a community-wide perspective.
The result is an alliance which has made it possible for South Elgin to successfully attract desirable new businesses to the community, adding to the economic vitality of the area and enhancing the quality of life for residents. The effort is a prime example of how government, business and community can work together productively to promote ó and realize ó balanced, beneficial growth.
SEEDís mission continues to be an important one. South Elgin remains one of the fastest-growing communities in Illinois and Kane County. The Northeast Illinois Planning Commission (NIPC) projects continued growth for the community, resulting in a potential population of more than 27,000 residents by 2020. Although South Elgin has been very successful in attracting commercial development, further commercial and industrial development is needed to better balance the tax base and to provide the services that are needed to accommodate continuing growth. SEED works to attract revenue producing commercial enterprises that will reduce South Elginís reliance on residential property taxes.
SEED is also working to maximize the potential of the Village Center and the LaFox Corridor TIF District so that they deliver the greatest economic benefit to the community. The group proactively markets South Elgin to companies which it feels can best fulfill the needs of the community.
To provide proactive leadership in establishing and maintaining an economic development plan. To recognize needs and pursue solutions related to the long-term success of the business community and the Village.
Goals and Objectives
- Provide proactive recruitment support for new retail and commercial businesses;
- Identify, communicate and support future economic development needs to local government;
- Support retention and expansion of existing South Elgin businesses;
- Facilitate Village Center commercial district marketing and development;
- Support, when practical, quality of life issues for South Elgin residents;
- Maintain the highest level of confidence and trust on all inquiries;
- Treat the needs and opinions of those the organization serves with respect.
SEED representatives worked to facilitate the Village Center Master Plan, the LaFox Corridor TIF District and the successful buildout of the Randall Road corridor. Lobbying for the approval of the Sherman Urgent Care Facility, the assisted living center and improvements to South Elginís public transportation system are other ways in which SEED officials have worked to improve South Elginís quality of life.
SEED works with consultants to conduct feasibility and impact studies on proposed projects, and facilitates meetings with brokers, developers and site selectors who are considering South Elgin locations for their clients.