Business, News, Press Releases | Released on Monday, February 8, 2010 12:10 - 0 Comments
Rolling Meadows’ development situation improving, mayor says
A maker of Blackberry phones – Research in Motion – is a bright spot in the business climate of Rolling Meadows.
Patrick Marry, vice president of product development for RIM, joined Mayor Ken Nelson and his annual economic development update before the Rolling Meadows Chamber of Commerce Friday.
Good news from Nelson included the fact that Northwest Community Hospital will use the vacant Sears Hardware store on Kirchoff Road near the Jewel, and that the grocery store will have a facelift.
Nelson added that developers are interested in a mixed use development of the Dominick’s site on the south side of Kirchoff as soon as the housing market improves.
The River Walk development west of there was to have a fourth building for seniors, said Nelson. Instead, $20,000 in city funds per apartment is available for senior citizens to buy condominiums in the existing buildings.
Nelson described road improvements, including $4 million of federal stimulus funds to resurface and repave frontage roads along Route 53 from Kirchoff to Algonquin.
Businesses are moving into Rolling Meadows, said Nelson. Valerie Dehner, city community development director, gave examples, but said they are more office and industrial rather than showy retail.
The Unilever building on Golf Road has been sold to speculators who will fix it up for sale or for tenants, she said.
Meanwhile, the Rolling Meadows division of RIM houses design and development people – under security Marry described as “paranoid” – as well as patent attorneys in what was once the Gould complex at 2550 W. Golf Road.
The company’s growth has been impressive. It had 33 employees here in 2008 and now has just under 250. It has room on five floors for 500 people, and is still doing at least some hiring, Marry said.
The company is based in Ontario, Can. and in 2009 was named Fortune Magazine’s fastest growing company in the world.
Proximity to O’Hare drew the company to Rolling Meadows, he said.
Blackberry, which started as a business phone, wants to expand into the consumer market as well as China and India, he said.
He predicts that cell phones will develop game controls, security access to buildings and garage door openers.
Read the original article on DailyHerald.com.
Recent Press Releases
- Woman says she was abused at Mother McAuley H.S.
- Carol Stream man fatally struck by freight train
- Libertyville man dies after being stabbed while trying to stop fight
- Wheaton residents concerned over coyotes
- Pedestrian struck, killed by train in Lombard
- Red-light cameras draw protests
- Police find knife used in Mokena murder
- Dad faces criminal contempt for baptism
- Niles man shoots estranged wife, then kills himself
- Three arrested in two-ton cannabis bust in Douglas County
- Documents shed light on Dist. 158 special ed. chief’s exit
- New budget proposal makes Dist. 204 board members uneasy
- District 204 may eliminate 145 teachers, 19 administrators
- Quinn defends school tax despite political odds
- Protesters picket clinic in Arlington Heights
- Protesters picket clinic in Arlington Heights
- Quinn set to sign bill moving primary back to March
- District 57 bus driver charged wih DUI may have done 2 other routes
- New Blog Tracks Spots Where People Fail To Clean Up After Dogs
- Witness: Millionaire developer angered by call from city
- please send me info about this class. 3932 n mozart 3F Chicago,IL. 60618...
- And this i the reaxon I like chicagopressrelease.com. Stunning posts....
- needs more information...
- CROOKS, CROOKS, CROOKS!!! THEY OUGHT TO LOSE THEIR BUSINESS LICENSE PERIOD!!!!
...
- please send me information about this. I am unemployed and would like to learn ...
- Amazing series of events. Are we watching a modern-day Goliath take his fall?...
- Definitely an underrated and under-educated topic. Great article!...
- I have a suggestion to improve public safety and correct traffic flow.
We need ...
- That crazy...
- Nothing better than a fun St patrick's day parade in Chicagoland! We do a parade...
Chicago Press Release Services
Leave a Reply