Schaumburg Business
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Other local governments endorse Schaumburg tax incentive to redevelop unincorporated homesOct 13, 2025 4:57 pm - Other affected local governments Monday endorsed Schaumburg’s use of a fourth tax increment financing (TIF) district to fund public improvements associated with a project to redevelop 19 unincorporated homes into a pair of industrial buildings in the village’s southwest corner.
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Fueling future growth: Nicholas to expand auto dealership construction business with acquisition of JNCOct 07, 2025 1:59 pm - The Nicholas Family of Companies has acquired Joseph Nicholas Construction Corp., a Schaumburg construction firm specializing in automotive dealerships.
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State Sen. Castro secures more than $12 million for 7 local infrastructure projectsOct 06, 2025 1:10 pm - State Sen. Cristina Castro has secured more than $12 million for construction and road improvement projects in Elgin, Carpentersville, Hoffman Estates, Schaumburg and Barrington Hills, according to a news release.
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The Biz Week That Was: Bears stadium impact, a new Costco Business Center, and federal government shutdown fallout are among the highlightsOct 04, 2025 1:30 pm - Arlington Heights could collect $15 million a year from Bears stadium, but costs still unknown Economic impact reports released by Arlington Heights officials Tuesda...
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Schaumburg seeking third TIF district to spur redevelopment in town’s southwest cornerOct 03, 2025 4:55 pm - Schaumburg officials are seeking input from leaders of other local government agencies, including school and park districts, on a proposal for a third tax increment financing district to spur industrial redevelopment in the village’s southwest corner.
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Lurie Children’s Hospital Outpatient Center celebrates opening in SchaumburgSep 30, 2025 3:47 pm - Local officials welcomed the opening of the Lurie Children’s Hospital Outpatient Center in Schaumburg Tuesday with some words on what it will do for the community and what the community can do for it.
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The Biz Week That Was: A virtual reality escape, industrial and Main Street-like developments, and grants for business growthSep 27, 2025 1:22 pm - ‘A new kind of entertainment’: Rosemont virtual reality venue opens Friday Starting Friday, you’ll only have to go as far as Rosemont to be able to travel to ancient...
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Planned industrial buildings in Schaumburg require demolition of 19 unincorporated homesSep 24, 2025 3:15 pm - A proposal for a pair of industrial buildings between Wintrust Field and Experior Logistics’ new trucking headquarters in southwest Schaumburg will require the demolition of all 19 houses along unincorporated Long Avenue.
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Schaumburg celebrates start of ‘Main Street’-like development of The District at VeridianSep 23, 2025 5:14 pm - Attendees of Tuesday’s groundbreaking ceremony for The District at Veridian, at the east end of Schaumburg’s former Motorola campus, got to see two months of progress on a nine-story apartment building above a ground-level restaurant and retail area.
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The Biz Week That Was: New grocer, dining options, and workforce housingSep 13, 2025 12:45 pm - ‘It’s really pretty’: Heinen’s grocery store opens in Naperville A sign in the meat department of the new Heinen’s grocery store in Naperville introduces customers t...