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Chicago
by the Numbers |
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Downtown Talent Magnet: Semi-Annual Highlights |
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The ever more powerful magnet of Chicago's in-city talent pool continued in the first half of 2006 to attract corporate investment downtown. And there's more in the pipeline. World Business Chicago (WBC) wants to highlight some of the companies we've worked with successfully.
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Chicago Students Get Excited About Science & Technology |
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A New Way to Get Business Assistance |
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FIRST
(For Inspiration and Recognition of Science and Technology)
held its national robotics championship competition in Atlanta, Georgia, in April. It was
the climax to weeks of competition involving over 1,130 teams
from the United States and six other nations, including Brazil,
Canada, Ecuador, Israel, Mexico, and the United Kingdom.
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Building a business friendly city and empowering businesses to grow and succeed is a top priority for Mayor Richard M. Daley. In 2004, the Mayor announced the creation of a new city department to provide businesses a gateway to city services and enhance government efficiencythe Department of Business Affairs & Licensing (DBA).
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Downtown Talent Magnet: Semi-Annual Highlights
The ever more powerful magnet of Chicago's in-city talent pool continued in the first half of 2006 to attract corporate investment downtown. And there's more in the pipeline. World Business Chicago (WBC) wants to highlight some of the companies we've worked with successfully.
BIO 2006 was held at McCormick Place, April 9-12. Combined City & State efforts for BIO's international scientific conference brought record breaking numbers across all categories making it the most successful global biotech event ever. Local industry leadership, including WBC, participated in the initial 2001 pitch efforts that brought BIO to Chicago. All members of the expanded life sciences community should stand up and take a well-deserved bow.
BPthe global energy grouphas occupied a trading facility for redundant/remote data operations at Lakeside Technology Center.
The global recreation company Brunswick is the world leader in each of its product categoriespleasure boats, marine engines, fitness equipment, bowling equipment and billiards tables. Brunswick's new worldwide design center for boats and marine accessories, located at 200 South Wacker, will create 50-60 new jobs.
120 South Riverside has been renamed CDW Plaza after a 250,000 sq. ft. lease was signed for an expansion of Chicago operations. CDW will be consolidating 950 jobs and will be adding 400 over the next four years.
Chicago Sky, the city's seventh Major League franchise, has brought the Women's National Basketball Association's (WNBA) unique blend of team competition and community involvement to home court at UIC Pavilion for its inaugural season, currently underway.
Electronic Arts (EA), an entertainment/gaming software company, recently signed a long-term lease at 215 West Ohio to build a new tech development team in the River North Area.
Fifth Third Bank's Midwest regional headquarters is consolidating to downtown (222 South Riverside) from Rolling Meadows. The company's original 250 employees are projected to grow to 800 in two years.
Google has leased a new Chicago office at 20 West Kinzie, with plans for employment to reach 100+ and to build engineering capabilities in Chicago, as well as to expand existing advertising & sales divisions.
Grubb & Ellis, the real estate brokerage firm, announced the relocation of its corporate HQ from Northbrook, moving 200 jobs into three floors of space at 500 West Monroe. The company had moved its national HQ here from California in 1997.
Hostway, the world's second largest internet hosting corporation, recently expanded into 50,000 sq.ft. of an advanced data center facility located at 100 N. Riverside. HQ for the Chicago-based company remains at 1 N. State Street. University of Chicago graduates, Lucas Roh & John Lee, have played critical leadership roles inside Chicago's expanding tech community and beyond.
The New York-based insurance companyS.USA Insuranceopened its Midwest headquarters and a retail outlet at 55 East Jackson.
True Partners, the tax and business advisory firm started by former Arthur Andersen partners, chose Chicago for its corporate HQ, employing 30 people. The company signed a 10-year lease at 225 West Wacker and is hiring professionals at a rapid pace.
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Chicago Students Get Excited About Science & Technology
FIRST (For Inspiration and Recognition of Science and Technology) held its national robotics championship competition in Atlanta, Georgia, in April. It was the climax to weeks of competition involving over 1,130 teams from the United States and six other nations, including Brazil, Canada, Ecuador, Israel, Mexico, and the United Kingdom.
FIRST
was founded by Dean Kamen, the inventor of the Segway® Human
Transporter (HT), to inspire young people's interest and participation
in science and technology.
Teams earned their invitations to the Championship by excelling in competitive play, sportsmanship, and the development of partnerships between schools, businesses, and communities. Teams compete in Regional Competitions, including the Midwest Regional held in Chicago every March at the UIC Pavillion.
Team
111 "WildStang" of Rolling Meadows High School and Wheeling
High School from Schaumburg, Illinoissponsored by Motorola
won the prestigious FIRST Robotics Competition Championship
Chairman's Award, recognized as the team that best represents
a model for other teams to emulate and best embodies the purpose
and goals of FIRST.
Teams
are sponsored by local businesses that supply funding and/or
professional mentors that work with the students to build
robots to compete in this competition. Inspired by participation
in this program, a significant percentage of students have
gone on to careers in Engineering and Technology, at a time
when interest in these areas by our youth is waning.
In
Chicago this year, teams participated from Roosevelt, St.
Patrick, Simeon, Julian, Ace Technical and Lindblom High Schools,
plus a community based team consisting of students from multiple
schools on the city's South Side. Chicago involvement is increasing
as it attempts to catch up with other large cities that have
more schools participating, such as New York, Detroit and
Los Angeles.
Original founding sponsor companies of FIRST include Baxter International, Boston Scientific, DaimlerChrysler, DEKA R&D, Delphi, General Motors, Johnson & Johnson, Kleiner Perkins Caufield & Byers, Motorola and Xerox. Many other large and small companies act as sponsors to FIRST or individual FIRST teams as well.
-- Dan Green Director of New Technology Business Operations, Motorola
Visit FIRST
online or email for more information on sponsoring a team/school or
the Midwest Regional. |
 
A New Way to Get Business Assistance
Building
a business friendly city and empowering businesses to grow
and succeed is a top priority for Mayor Richard M. Daley.
In 2004, the Mayor announced the creation of a new city department
to provide businesses a gateway to city services and enhance
government efficiencythe Department of Business Affairs
& Licensing (DBA).
The DBA is a "one-stop shop" catering to businesses large and small. The new department combines the Mayor's Liquor Commission and Local Liquor Control Commission; the Licensing and Enforcement divisions from the Department of Revenue; and Mayor Daley's Business Express from the Department of Planning and Development. A host of services are provided at the center for Chicago's nearly 80,000 licensed businesses and unlimited potential businesses.
DBA
is made up of five divisions:
- The Business Assistance Centerconnecting
business owners to available public and private sector business
resources.
- The Business Advocacy and Outreach Divisionoversees
efforts to partner with other government agencies, foundations
and business advocacy organizations to develop programs
and policy to benefit small business.
- The Compliance and Investigations Divisionconducts
investigations to ensure that the laws governing business
licensing, taxation and public-way use permitting are upheld
to preserve public safety and welfare.
- The License Adjudication Divisionfunctions
as the regulatory authority and hearing body for business
license disciplinary cases.
- The Finance and Administration Divisionoversees
contract issues, personnel, budget preparation, and supports
IT operations of the department.
As part of the new model, a team of business consultants assist
every individual who walks through the door in navigating government
process. A range of services such as business license applications
and renewals, business start-up and expansion, and permit and
zoning issues are provided.
Already,
the department has assisted in a wide variety of undertakings.
A business consultant assisted a family in securing proper
permits for displaying an elephant at a Navy Pier wedding.
The consultant coordinated the licensing process, including
securing inspections, federal animal handler's licenses, proper
insurance, organizing efforts with Animal Care & Control and
obtaining the proper paperwork to make the event a success.
Another
recent success occurred when an entrepreneur came to DBA for
assistance opening a restaurant without a lawyer or expeditor.
The DBA business consultant, with the assistance of the liquor
division, completed the process including zoning approvals,
approval for retail food, incidental liquor license, caterer's
liquor license and obtaining information for the procurements
office, valet parking permit and the alderman's office. This
example is encouraging for business owners who want to cut costs
on lawyers or expeditors.
DBA
is also making an investment in web-based tools to help those
that can't always come to the Business Assistance Center for
help. The new website provides an abundance of online resources,
including Biz Connectionan interactive tool designed
to connect businesses to essential city resources and information
such as licensing and permit processes. Other interactive resources assist business owners in renewing and checking the
status of their licenses online. Materials are also available to download
from the website, including business license forms and information
such as The Citizens Guide to the Liquor Application Process.
More innovative tools will be launched to ensure business owners have online access to all city services. This month DBA is kicking off Business Education Workshopsa series of free workshops designed to empower businesses with information including How to Obtain a Liquor License, A Beginner's Guide to Business Taxes, and How to Open and Operate a Restaurant in Chicago.
For more information on the workshops and the Department of
Business Affairs & Licensing visit the Business Assistance
Center on the 8th floor at City Hall, call 312.74.GOBIZ (312.744.6249),
or visit the DBA
online.

Upcoming Events
Skill
Standards, Education and Manufacturing: Measuring Up to Global
Competition
Panel Discussion and Q&A
Moderated by Ray Prendergast, Jane Addams Resource Corporation
Panel
Jim Wall, Deputy Director, National Institute for Metalworking
Skills
Bill Vogel, President, DeCardy Diecasting
Joan Wrenn, President, Hudson Precision Products
Jerry Benish, Director of Human Resources, Camcraft
This FREE event is presented by the Chicago Manufacturing
Renaissance Council, a new public-private partnership supported
by business, government, education and labor, dedicated to
creating Chicago's global leadership in high-performance modern
manufacturing.
When Tuesday, June 27th 8:00-8:30 a.m. Coffee and Eli's Cheesecake 8:30-10:00 a.m. Panel Discussion and Q&A
Where Wright College Theater 4300 N. Narragansett Ave. Chicago, IL 60634
For more details visit the Center for Labor & Community Research
website. To RSVP
for this event, email
Matt Hancock or contact him at 773.278.5418.

Chicago
by the Numbers
| Indicator
- MSA |
Apr. '06 |
Mar. '06 |
Feb. '06 |
|
| Total Employment |
4,490.3 |
4,426.1 |
4,400.5 |
4,442.2 |
| Total
Private Sector |
3,921.7 |
3,859.2 |
3,834.8 |
3,870.4 |
Construction |
210.4 |
196.1 |
192.0 |
209.0 |
Manufacturing |
488.9 |
488.4 |
489.7 |
497.2 |
Transportation
& Utilities |
200.7 |
200.4 |
198.7 |
200.8 |
Wholesale
Trade |
245.7 |
244.6 |
243.5 |
243.1 |
| Retail
Trade |
461.7 |
458.2 |
456.6 |
458.3 |
Information |
91.9 |
91.8 |
91.9 |
93.4 |
Financial
Activities |
331.6 |
330.8 |
329.0 |
325.3 |
| Prof.&
Business Services |
728.4 |
705.0 |
696.6 |
700.2 |
Education
& Health Services |
564.3 |
563.3 |
563.0 |
562.1 |
| Leisure
& Hospitality |
396.0 |
379.2 |
372.8 |
384.1 |
| Other Services
|
199.7 |
199.1 |
198.7 |
194.4 |
Government |
568.6 |
566.9 |
565.7 |
571.8 |
Mining |
2.4 |
2.3 |
2.3 |
2.5 |
| Unemployment Rate |
4.9 |
5.3 |
5.4 |
6.1 |
| Midwest Housing Starts |
296.0 |
340.0 |
360.0 |
370.0 |
| Office Availability
Rate |
15.1 |
- |
- |
15.7 |
| Office Net Absorption |
562,414.0 |
- |
- |
-936,434.0 |
| Producer's Price Index |
160.5 |
159.0 |
158.2 |
154.5 |
| Consumer Price Index -U |
201.5 |
199.8 |
198.7 |
194.6 |
| Consumer Confidence |
109.8 |
107.5 |
102.7 |
97.5 |
| National Purchasing |
|
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|
|
Managers
Index |
57.3 |
55.2 |
56.7 |
53.8 |
| Chicago Purchasing |
|
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|
|
Managers
Index |
57.2 |
60.4 |
54.9 |
65.6 |
| Chicago Midwest |
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| Manufacturing
Index |
116.5 |
115.8 |
114.9 |
109.6 |
| New Automobile Sales |
5.6 |
5.3 |
5.4 |
5.8 |
| New Truck Sales |
7.2 |
7.7 |
7.8 |
8.0 |
Footnotes
The new Chicago MSA (metropolitan statistical area) consists
of a fourteen-county, tri-state region: Cook, DeKalb, DuPage,
Grundy, Kane, Kendall, Lake, McHenry, and Will counties in
Illinois; Jasper, Lake, Newton and Porter counties in Indiana;
and Kenosha County in Wisconsin. The office absorption and
availability rate are 2005 & 2006 first quarter numbers
for the downtown Chicago market. Data is from CB Richard Ellis.
Net Absorption is the change in available space in square
feet. Availability rate is space that is currently vacant
or in the process of being marketed. Consumer confidence,
automobile and truck sales are U.S. numbers. The Chicago Midwest
Manufacturing Index is a monthly estimate of manufacturing
output in the 7th Federal Reserve district (Illinois, Indiana,
Iowa, Michigan, and Wisconsin). It is a composite index of
sixteen manufacturing industries that use electrical power
and hours worked data to measure monthly changes in regional
activity. The employment, housing, and net absorption numbers
are listed in thousandths.
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Chicago, Illinois 60601
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