In 2015 the Village of Brookfield’s leadership established the Department of Community & Economic Development. Key economic development actions include financial and non-financial activities or programs as listed below:
Starting or Expanding a Business
This section provides everything you need to start or expand your business in the Village of Brookfield. Our goal is to have your business up and running as soon as possible, as time IS money. Your early success determines our long-term success as a community and we want you to achieve a positive return on your investment.
Tax Increment Finance (TIF)
Tax Increment Financing, or TIF, is a tool s to help communities restore their most run-down areas or jumpstart economically sluggish parts of town. With this tool, municipalities can make the improvements they need, like new roads or new sewers, and provide incentives to attract businesses or to help existing businesses expand without tapping into general funds or raising taxes.
Available Properties in Brookfield
There are several commercial properties in Brookfield that are available for development and/or re-development. View a map of those properties here:
The Village of Brookfield is a 3.07 square-mile community located in Cook County, Illinois, approximately 13 miles southwest of Downtown Chicago. Brookfield is serviced by PACE bus service, BNSF Metra train with 3 stations in town, and major arterial roads including 1st Avenue (IL Route 171) and Ogden Avenue (U.S. Route 34). Brookfield is also minutes away from I-55, I-290, and I-294.
Well known attractions located within the Village of Brookfield include the Brookfield Zoo, Irish Times, the Galloping Ghost Arcade, Salt Creek, and parks system including the Oak Savannas.
Additional Brookfield demographic data can be found here:
Refer to the Reports Below to Learn More
- 2018 Economic Development Strategy
- CEDD 2017 Year in Review; Key Development Accomplishments and Metrics
- 8 Corners TIF Redevelopment Plan Amendment 6.5.19 (Preliminary) and 8 Corners TIF Qualification Report 6.5.19 (Preliminary)
- Grand Boulevard TIF Redevelopment Plan 6.5.19 (Preliminary) and Grand Boulevard TIF Qualification Report 6.5.19(Preliminary):