July Voice 2022

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BUILDING ON THEIR GOOD NAME FOR 120 YEARS PAGE 3

July 2022 | Volume 35 | No. 7

40 LEADERS UNDER FORTY PAGE 17

of the rockford business community

RACVB ANNOUNCES RETURN OF CRE8IV MURAL FESTIVAL

At the One Event, the 40 Leaders Under Forty 2022 gathered at Hidden Creek Estates in Roscoe, IL.

Photos by Mindy Joy Photography

OUR COMMUNITY’S LIGHTNING BEARERS:

2022 40 Leaders Under Forty To catch lightning in a jar is to accomplish a nearly impossible task.

Some attribute this phrase as a reference to Benjamin Franklin and his electricity experiment, in which Franklin flew a kite in a thunderstorm in the

hopes to harness and collect that energy in a Leyden jar. Our 40 Leaders have captured their own lighting: through inspiration and creativity and hard work, they have electrified their businesses and careers. Thunder is good; thunder is impressive; but it is lightning that does the job. The 2022 40 Under Forty recipients have distinguished themselves in their professional field or organization, are engaged citizens, and

provide leadership by volunteering their time and talents to community groups and causes. Leaders were chosen from various professional fields and walks of life including but not limited to, business, education, engineering, nonprofit, manufacturing, etc. The Rockford Chamber is pleased to present 40 Leaders Under Forty: Our Community’s Lightning Bearers. See our 40 Leaders and photos from the presentation event starting on page 17.

The third annual CRE8IV: transformational ART, an RACVBled public art festival, began in June. Ten local and visiting lead artists are working with teams of artists to create 12 new largescale, vibrant murals in the South Main Street business district, The North End (Main/Auburn Streets), Midtown District (7th Street) and downtown Rockford. Two murals will be painted in Loves Park, and for the first time, one in Roscoe. For a complete list of murals, visit gorockford.com/cre8iv.

MARK YOUR CALENDAR!

POW(H)ER

THURSDAY, AUGUST 18 8:15a - 4:30p

Hoffman House & Holiday Inn 7550 E State St

For more information, see page 29

PROTECTIVE EQUIPMENT DONATED TO UKRAINIAN CITIZENS

A panel featuring David Reyes of Advantage Realtors and Land Bank attorney Brent Denzin finished out the event answering questions from the audience.

Land bank as an economic development tool

Revitalized properties, increased property values By Gabrielle Torina, R1 Planning Council

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Summer networking is back and was officially jump-started with a luncheon hosted in partnership with Region 1 Planning Council (R1) on June 1. But this wasn’t your normal luncheon. Attendees experienced a diverse crowd that combined both the business community, small developers and residents, all looking to learn more about how the land bank works and why it’s such an important economic development tool for the Rockford region. The Region 1 Planning Council Land Bank exists to effectively acquire abandoned and tax delinquent properties,

to allow for private sector redevelopment. Hundreds of properties each year qualify as legally abandoned under Illinois state statute. These properties sit at length, often years, vacant and deteriorating, with no payment of property taxes. With a land bank, vacant properties that are unmarketable due to tax liens can be acquired and returned to the private sector in a cost-effective manner, putting an end to the vicious cycle of declining equalized assessed valuations and abandoned properties in communities. The event kicked off with an address from Rockford Mayor Thomas McNamara, a board member of R1, who boasted about its positive impacts Continued on page 4

The Illinois State Police donated more than 3,000 pieces of protective equipment, including body armor, ballistic face shields and ballistic helmets, to Ukrainian citizens. The equipment can no longer be used by ISP or any other law enforcement agency within Illinois. ISP coordinated the donation with the Illinois National Guard, U.S. Department of Homeland Security, U.S. Department of Commerce and U.S. Department of State.

ROCKFORD AIRPORT INCREASES CARGO RANKING The Federal Aviation Administration in June ranked Chicago Rockford International Airport as the 14th largest cargo airport in the United States for landed weight based on the results of its 2021 All-Cargo Data for U.S. Airports. RFD ranked No. 17 in 2020 and No. 19 in 2019. The airport handled more than 3.4 billion pounds of landed weight in 2021, compared to more than 2.7 billion pounds in 2020 – a nearly 25 percent year-over-year increase. This exceeds that of much larger airports including Honolulu, Philadelphia, Phoenix, Newark, N.J., and Seattle.


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