CHICAGO 2050
A Plan For Economic Growth & Jobs
Chicago is in the midst of a dramatic economic transformation. In the emerging economy, “creative destruction” is disrupting industries, occupations, and places, while new products, firms, and markets are rapidly arising. The fusion of digital, physical, and biological technologies is driving a “fourth industrial revolution,” characterized by an exponential pace of change, and creating the conditions for an economic renaissance.
This economic transformation generates enormous possibilities for new wealth creation, creating an opportunity for Chicago to reimagine its economic future. As it happens, Chicago has tremendous assets not only to compete in but to actively lead the economic renaissance:
World-class educational and research institutions, affordability, a dynamic workforce, cultural vibrancy, a diversified economy, a unique geographical position, values, and dedicated civic leadership
Chicago needs a new plan that sets it on a path to prosper in the next economy.
For World Business Chicago, this means launching both a strategic plan for the next 5 years (Chapter 1), and a forward-thinking strategy for the next 25 years (Chapter 2).
These interventions span several strategic areas:
EASIER BUSINESS & BUILDING
KEY INFRASTRUCTURE
BUSINESS & CAPITAL DEVELOPMENT
REGIONAL PARTNERS
MARKETING & VISIBILITY
ADAPTABLE WORKFORCE
INNOVATION
VIBRANCY
CORRIDORS & DISTRICTS
CIVIC LEADERSHIP
Horizon Lines: Visions for Chicago 2050
Horizon Lines is a component of Chicago 2050 pt. 2 that inveted architects, designers, planners, community leaders, artists, innovators, and interdisciplinary teams to propose bold ideas that explore how Chicago could grow, evolve and lead over the next 25 years.
View the finalists, exhibit information, and more:
Chicago 2050 builds on and amplifies Mayor Johnson’s economic agenda: Build Better Together
Quality and Affordable Housing for All: To create sufficient, quality affordable housing units so residents have options and can choose to rent or own in any of the 77 neighborhoods.
Business, Innovation, and Job Growth: To be a hub for thriving businesses of all sizes, innovation, and a workforce and training ecosystem that aligns with the needs of employers.
Neighborhood Investments and Vibrant Communities: To define, preserve, showcase, celebrate, and enhance the vibrancy of our communities’ cultural identities through commercial corridors, public art, and outdoor spaces.
Our Partners
We engaged over 100 of companies and organizations across the Greater Chicagoland Area, including: