Economic Development

The Village of Lake Barrington prides itself on its growing business district and expedient process in welcoming new retailers, restaurants and countless other businesses. With Lake Barrington’s businesses serving as the economic engine of our community, the Village understands that for businesses, time is money.  Therefore, we are proud to do everything in our power to offer a simple, streamlined process and competitive economic incentives when approving new businesses that add value to our residents and the Village’s economic base.

Beautiful, scenic Lake Barrington, the area's best kept secret, is seeking economic developments that strengthen the existing business and industrial parks and promote future business growth, while enhancing the area’s performance standards and objectives.

Retail Development Wanted

The Village of Lake Barrington is looking for retail and business growth. The Village is interested in sales tax generating retail and resident services uses, along with upscale dining in the "M" and "B" zoning districts.

Lake Barrington Business Park Market Study

In May of 2019, students from the University of Chicago performed a Market Study of the Lake Barrington Pepper Road Business Park.  See the link below to view the results of their work.

Pepper Road Business Park Market Study

The Village commissioned the Lake Barrington Business Park Market Study to provide baseline data relative to retail development and to determine market capacities of the Business Park and adjacent areas. The Village recently updated its Comprehensive Plan, which also provides a vision for Lake Barrington along with a future land use plan.