The monthly meeting of the DeKalb Economic Development Commission was held last Friday and during the meeting, City Manager Bill Nicklas advise the commission that the new tech site would be discussed and reviewed during the Monday Night Council Meeting. The initial development known as Project Ventus would be another project from developer Jerry Krusinski who has attracted additional high-impact industrial prospects to the Chicago West Business Park and contiguous acreage.
Now known as Ventus Tech Services, LLC, this high tech internet firm would build an approximately 900,000 square foot facility, with the option to expand thereafter. “This is a Billion Dollar company that is looking seriously at DeKalb for its next location”, said City Manager Nicklas.
Ventus Tech Services, LLC, is considering developing approximately 500 acres south of the Ferrara development on Gurler Road as part of a competitive site selection effort. Fundamentally, any community’s commitment to industrial development boils down to how that commitment is tangibly delivered. Three key factors are the community’s incentive package; the way it helps its industrial partners navigate relevant regulatory processes and approvals; and the physical infrastructure that will serve business prospects in any prime industrial location.
In the past month, all of the taxing bodies that would levy taxes on the Halverstadt, Wennlund and Faivre parcels identified on the attached map after annexation to the City of DeKalb have agreed to the revised Enterprise Zone package of benefits.
While this major project only projects to hire 50 people, the pay scale will be similar to various high-tech positions across the county.
DeKalb City council members will vote on the agreement at their regular meeting at 6:00 PM tonight.