/ Bus iness Guide

Öppen För Af färer[open for bus iness]

2 / Business Guide 3

Star t , grow or s t rengthen your bus iness in Andersonv i l le .

Desi rab le Locat ion wi th Bui l t - In CustomersLocated on Chicago’s nor theast s ide, Andersonv i l le is easy to reach f rom downtown, the Nor th Shore or ne ighbor ing Chicago communi t ies v ia Lake Shore Dr ive, the CTA’s Red L ine or Ash land and Ridge Avenues. But bus inesses don’ t have to look far for customers. Andersonv i l le ’s 25,000 res idents have an average household income of $99,000 and a tota l o f over $250,000,000 in reta i l spending power. Over 570,000 res idents l i ve wi th in a 15-minute dr ive, tota l ing a spending power of $5.5 b i l l ion!

Good CompanyOur research shows that a communi ty of un ique independent bus inesses is an idea l set t ing for other bus inesses. Nowadays, customers look for an “exper ience” and Andersonv i l le ’s walkable, h is tor ic, bust l ing bus iness d is t r ic t o f fers them a dynamic grouping of shopping and d in ing choices that ’s hard to f ind e lsewhere.

Viab le MarketsAndersonv i l le has room for expans ion in a number of sectors, inc lud ing enter ta inment, cu l ture and n ight l i fe , k ids appare l , furn i ture & home, cooperat ives, and co-work ing. In 2017, Andersonv i l le was ranked one of the top 50 ne ighborhoods in the count r y for economic growth and oppor tun i ty !

“The abundance of charming smal l bus inesses a long Clark St reet pa i red wi th f requent ne ighborhood st reet fest iva ls make Andersonv i l le i ts own l i t t le v i l lage.” - Redf in , in rank ing Andersonv i l le the 7th hot test ne ighborhood in the count r y.

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Montrose

Clark

Ravenswood

Ashland

Broadway

Ridge

Lawrence

Lake

Sho

re D

r ive

Foster

Victor ia

Peterson

Downtown Chicago to Andersonv i l le13,400 steps20 Minute Dr ive27 Minutes on Publ ic Transpor tat ion$17 Ride Share

Locat ionProx imi ty to Lake Shore Dr ive, 3 convenient CTA t ra in stops, and many bus routes means that Andersonv i l le is eas i ly reached f rom a lmost any par t o f the c i ty by car, t ra in, bus, or b ike. A lso, many res idents and v is i tors leave the car at home when they shop and d ine.

WALKING SCORE: 91

BIK ING SCORE: 85

TRANSIT SCORE: 79

A communi ty ’s h igh walkabi l i ty is commonly l inked to h igher economic va lues. Andersonv i l le ’s h igh walkabi l i ty qua l i f ies i t as a “walker ’s parad ise!”

Clark + Foster

Downtown Evanston to Andersonv i l le10,200 steps19 minute dr ive40 minute publ ic t ranspor tat ion$16 r ide share

Demographics Class icAndersonv i l le

5-Minute Dr ive T ime Market

30-Minute Dr ive T ime Market

Populat ion : 24,409 54,302 1,784,266

Populat ion Median Age : 36 40 35

% Col lege Educated : 78% 76% 70%

Average Household Income : $86,935 $84,095 $98,827

% of Household Income $75K+ : 45% 37% 43%

Tota l Res ident ia l Spending : $541 Mi l l ion $1.8 Bi l l ion $50.2 Bi l l ion

# of Employees : 5,938 14,622 1,393,650

2,300 new res ident ia l un i ts are proposed or under const ruct ion wi th in a 2 mi le rad ius of Andersonv i l le

Bike Andersonv i l leB ik ing to and through Andersonv i l le has never been eas ier. Between the new Glenwood Greenway, our 6 on-st reet b ike cor ra ls , and 3 Clark St reet s tat ions, cyc l is ts can eas i ly exp lore the ne ighborhood by b ike.

Class ic Andersonv i l le

5-MinuteDr ive T ime

Market

Kar ta Över Andersonv i l le[ map of Andersonv i l le ]

Why we love Andersonv i l le !“ Andersonv i l le is a p lace where everyone fee ls at home, whether young or mature, no mat ter how you ident i fy, and regard less of ethn ic i ty or background. Communi ty members authent ica l ly ce lebrate and respect each other ! We couldn’ t th ink of a bet ter env i ronment for our bus iness.”

- Mat thew and Greg of Cowboys and Ast ronauts

The Andersonv i l le Market

56

Consumer Preferences Our loca ls love loca l .

Of 1,300+ Andersonv i l le Consumers Surveyed:

93% sa id that loca l ownersh ip of bus inesses is very impor tant when decid ing to shop or d ine in Andersonv i l le .

87% be l ieve that mainta in ing a preva lence of loca l bus inesses is top pr ior i ty for improv ing the Andersonv i l le Bus iness Dist r ic t .

74% d ine out at least week ly in Andersonv i l le in any g iven month.

St rength In NumbersOur study shows that Andersonv i l le ’s un ique, independent bus inesses prov ide idea l “co-tenants” for many types of bus inesses. By c luster ing, bus inesses generate customers who make a specia l t r ip to f ind qua l i ty, one-of-a-k ind merchandise. Addi t iona l ly, Andersonv i l le ’s restaurant scene has grown in to a dest inat ion d in ing d is t r ic t .

D is t r ic t Mix & Growth From January 2017 to March 2018, 25 new bus inesses opened in Andersonv i l le , 7 of which were in the reta i l sector. Our d is t r ic t ’s number of ava i lab le storef ronts dropped by 3% between 2017 and ear ly 2018. There is a sense of opt imism that Andersonv i l le cont inues to be a des i red, thr iv ing d is t r ic t !

Hea l th + Wel lness

13%

3%

33%

Ar ts + Cul ture

Reta i l

5%

Profess iona l Serv ices

8%

Salon

29%Restaurant + Bar

9%

Avai lab le Space

Ground F loor Use

To v iew an up-to-date l is t ing and map of ava i lab le spaces in Andersonvi l le , v is i t

andersonvi l le .org

Join our communi ty of loca l Andersonv i l le bus iness owners.

/ Business Guide 98

For a number of years, Trans i t Tees incubated in the Andersonv i l le Gal le r ia , and in the summer of 2017, opened the i r second br ick-and-mor tar locat ion at 5226 Nor th Clark. W ickedly cool shopkeepers, Chr is ( le f t ) and Kather ine ( r ight ) greet you as you enter Trans i t Tees, where pat rons are met wi th an abundance of loca l ly cra f ted Chicago g i f ts , rang ing f rom t rans i t insp i red appare l to Chicago themed ar twork. The name “Trans i t Tees” is a d i rect re ference to the shop’s se l f -des igned subway appare l and owner T im Gi l lenger ten’s ch i ldhood n ickname, “T,” and there is a st rong Midwest v ibe re f lected in the products. You may even spy Chr is mak ing but tons at the counter !

Suppor t for your bus iness.Customer At t ract ion Events

Ribbon Cut t ings

Network of Suppor t When you open a bus iness in Andersonv i l le , you are not on ly suppor ted by the Chamber but by a la rge network of peers, res idents and organ izat ions that va lue smal l bus inesses.

The Andersonv i l le commerc ia l d is t r ic t is suppor ted by two non-prof i t organ izat ions and a funding ent i ty :

Andersonvi l le Chamber of Commerce (ACC)ACC fosters a v ibrant env i ronment in which Andersonv i l le bus inesses can thr ive by at t ract ing a d iverse customer base; prov id ing bus iness suppor t serv ices and advocacy; and engaging in bus iness at t ract ion, long-range p lann ing, and economic deve lopment.

Andersonvi l le SSA #22The SSA prov ides s idewalk sweeping and t rash removal , snow p lowing, landscaping and beaut i f icat ion, facade, and green bu i ld ing incent ive programs, and numerous promot iona l in i t ia t ives.

Andersonvi l le Sustainable Community Al l iance (ASCA)ASCA suppor ts the Andersonv i l le Farmers Market , an independent market that spans a 24 week season and br ings 50,000+ to the ne ighborhood each year. The Andersonv i l le Farmers Market wi l l be ce lebrat ing i ts tenth ann iversary in 2019.

Block ClubsA tota l o f ten Block Clubs represent the tens of thousands of res idents wi th in Andersonv i l le ’s boundar ies. Our b lock c lubs are the backyard customers that f requent our bus iness d is t r ic t for everyday er rands, le isure t ime, and ce lebrat ing specia l occas ions. Andersonv i l le ’s b lock c lubs are as ingra ined in the ethos of the ne ighborhood as our icon ic Water Tower.

ACC conducts ce lebratory r ibbon cut t ings for bus iness grand openings and mi lestone anniversar ies.

Bus iness Growth Spot l ight

FARMERS MARKET

WINEWALK MIDSOMMARFEST

SUMMERSIDEWALK SALE

TASTE OFANDERSONVILLE

ARTS WEEK

LATENIGHTS

ANDERSONVILLERESTAURANTWEEK

The Andersonv i l le Chamber of Commerce promotes the ne ighborhood by host ing more than 15 f resh and fun year ly events that he lp dr ive t ra f f ic to bus inesses.

Each year, over 100,000 people come to Andersonv i l le for a t least one of these events.

/ Business Guide 1110

Business Serv ices The Andersonv i l le Chamber of Commerce works d i l igent ly to cu l t ivate a thr iv ing commerc ia l d is t r ic t by l is ten ing, p lann ing, and execut ing concepts and par tnersh ips that s t rengthen our bus iness communi ty. One of the ways we achieve th is is by host ing a month ly Th i rd Thursdays ser ies. Every th i rd Thursday we host a masterc lass, a roundtable, and a network ing event to bet ter understand and ga in the ins ight of our members and bus iness owners.

Masterc lassesAn hour- long sess ion wi th guest speakers des igned to g ive smal l bus inesses coaching on a profess iona l leve l . Topics covered inc lude market ing and socia l media, commerc ia l insurance and lega l ass is tance, smal l bus iness tax breaks, h i r ing and safety. *Masterc lasses are open to Chamber Members on ly.

RoundtablesDesigned to convene members of the same sector (Reta i l , Bars/Restaurants, Serv ice, Heal th and Wel lness, and Enter ta inment/Cul ture/At t ract ion) , these sess ions focus on shared cha l lenges and oppor tun i t ies re levant to each bus iness sector. Roundtable d iscuss ions he lp problem solve, retoo l events, and increase cross-promot ions and customer at t ract ion.*Roundtables welcome both members and non members.

Network ingThese events convene potent ia l new members, employers, and refer ra ls and connect them wi th our cur rent member network in a casua l env i ronment at a loca l Andersonv i l le estab l ishment. The Chamber prov ides one f ree dr ink t icket , l ight b i tes, and a “person of in terest” that g ives a br ie f presentat ion about the i r bus iness and serv ices to the group.*Network ing is open to both members and non members.

Bus iness Ass is tance Programs and Serv icesThe Andersonv i l le Chamber of Commerce is an extens ion of the Ci ty of Chicago’s Smal l Bus iness Center and can he lp bus iness owners nav igate c i ty processes, permi ts, l icenses and more. Addi t iona l ly, these programs d i rect ly suppor t bus inesses: Facade Rebate Program Green Bui ld ing Incent ive Program Secur i ty Incent ive Program R ibbon Cut t ing Celebrat ion Chamber Membersh ip Customized demographic and market data Jan Baxter Memor ia l Fund for Andersonv i l le Ent repreneurs

Tour ism At t ract ion

The Andersonv i l le Neighborhood Guide is updated annual ly and 45,000 copies are d is t r ibuted in Andersonv i l le and to downtown hote ls.

Concierge tours are hosted twice year ly 3 d is t r ic t K iosks he lp gu ide v is i tors on Clark St reet

D ig i ta l Market ing Tools

#AlwaysAndersonv i l le : The PodcastThe Andersonv i l le Chamber of Commerce d iscovers the stor ies of our loca l bus inesses and the i r owners on #AlwaysAndersonv i l le :The Podcast . Recorded in Trans is tor Radio ’s Studio C at 5224 Nor th Clark wi th engineer ing by Andy Mi les, the podcast launched in March 2018 and cur rent ly s t reams new episodes week ly on iTunes and Podbean.

TheAndersonvi l le

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Andersonv i l le Chamber of Commerce5217 Nor th Clark #3Chicago IL 60640773 728 2995 in fo@andersonv i l le .org Contact us today to star t , grow or s t rengthen your bus iness in Andersonv i l le !