Franklin Park Industrial Area Revitalization

pedersen

Pictured above is Franklin Park Village President Barrett Pedersen, as well as a number of local and federal officials Wednesday including Cook County Board President Toni Preckwinkle in breaking ground for infrastructure improvements that are key to revitalization of the Cullerton Avenue Industrial Area in Franklin Park. The Cullerton Industrial Area is home to the headquarters of RCM Industries as well as our Aallied Die Casting Company of Illinois die casting division, pictured in the background.

The groundbreaking celebrates the start of the first project funded in Cook County under the BUILT in Cook loan fund. BUILT (Broadening Urban Investment to Leverage Transportation) is a HUD Section 108 Loan Guarantee program that allows the County to borrow money from private investors at reduced interest rates to promote economic development, stimulate job growth and improve public facilities.

View the full article here:

http://www.cookcountyil.gov/2015/08/12/ground-broken-for-first-built-in-cook-economic-development-project/