For seven years in a row, Site Selection Magazine has honored Chicago by naming the city the top metro area for corporations looking to expand and invest in the community. Last year alone, corporate investments accounted for $5 billion, by tracking 416 business expansions and relocations in 2019. Site Selection tracks all investments in communities like Chicago, such as when Uber moved to Chicago’s Old Main Post Office and brought more than 2,000 jobs to the area.
Deputy Mayor Samir Mayekar said the announcement “highlights the power of inclusive growth in Chicago, which is a priority of Mayor Lori Lightfoot. “
Additionally, Mayekar said the Chicago downtown area continues to grow and contribute to the 77 differing neighborhoods around the city. Companies like Blue Cross Blue Shield are building customer service centers, and Evanston Technology Partners is setting up shop. Meanwhile, hundreds of jobs flow into the Chicago community every year and continue to show the evolution of the city.
“When you see the types of companies that are growing, you see a balance,” Mayekar said. The recognition to the city continues to influence the decisions made by all companies that move to Chicago and invest in the people of Illinois.
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