Economic Development & Business

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. 

Brookfield Economic Development Three-Year Plan

Village of Brookfield Community Data

Current Funding Information

Back to Business (B2B) Grants for Creative Arts, Hotels & Restaurants

The Back to Business (B2B) grant program provides recovery grants for businesses in the hardest-hit industries. Through the state’s B2B and Business Interruption Grant (BIG) Programs, DCEO has provided more than $535 million to more than 15,000 businesses since the start of the pandemic.

Eligible restaurants, hotels, and creative arts businesses are eligible to apply for $175 million in available grant funding as part of our efforts to support ongoing recovery in hard-hit industries. All applicants will receive a grant as long as they meet eligibility requirements, and submit proper documentation and attestations required by the program.

The program design for B2B Restaurants, B2B Hotels, and B2B Arts, respectively, is based on legislation that established the Restaurant Employment and Stabilization Grant Program (20 ILCS 605/605-1100), Hotel Jobs Recovery Grant Program (20 ILCS 605/605-1095), and the Illinois Creative Recovery Grant program (30 ILCS 709/40).

Applications will be open between April 5 and May 10, 2023. DCEO encourages applicants to familiarize themselves with program eligibility requirements and reach out to local community navigators with any questions.

For more information

 

Start or Expand Your Business In Brookfield

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.

 

BROOKFIELD INCENTIVE INFORMATION

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.

For businesses located within a TIF district, there are grant funding opportunities that the Village of Brookfield offers.

                 Facade and Property Improvement Grant Program

 

Brookfield Properties Available For Development

There are several commercial properties in Brookfield that are available for development and/or re-development. View a map of those properties.

 

Demographics

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 trains 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 the parks system including the Oak Savannas.

Additional Brookfield demographic data can be found here:

Refer to the Reports Below to Learn More