Chicago Public Library Celebrates 150 years!

In the heart of the Windy City lies the Chicago Public Library, which consists of 81 locations, including a central library, two regional libraries and branches distributed throughout the city's 77 community areas.

The American Library Association reports that the library holds 5,721,334 volumes, making it the ninth largest public library in the United States by volumes held and the second largest public library system in the Midwest.

This year, the library is celebrating 150 years of service to the great city of Chicago. Since 1873, it’s moved to several locations varying from the City Hall to traveling buses and carts which provided multiple selections of books to be delivered.

In recent years, CPL has reached major milestones, becoming the largest public library system in the United States to eliminate late fees for borrowed items in 2019. CPL also forgave all existing fines and allowed more than 100,000 formerly blocked accounts to start anew. There are still due dates for borrowed items, and patrons are still required to return items or replace them to continue their borrowing privileges.

In addition to no overdue fines, the library’s property tax levy was raised by a fraction to increase library access on Sundays. All CPL branches now operate seven days a week and visitation has increased by 35%, according to library officials.

View a visual timeline of the library on CPL’S website.

Electric air taxi route coming to Chicago

• Chicago
• O'Hare Airport
• Transportation

Continuing its commitment to technological innovation, the city of Chicago plans to offer its first air taxi route between O’Hare International Airport and Vertiport Chicago in 2025. The announcement from Archer Aviation Inc. and United Airlines calls the method of transportation a “safe, sustainable, low noise and cost-competitive alternative to ground transportation.”

Vertiport Chicago, which is North America’s largest vertical aircraft takeoff and landing facility, is located near the Chicago Loop and was selected for its convenient and accessible location. From there, passengers will be able to travel via aircraft to and from O’Hare in about 10 minutes — saving a significant amount of time that is often spent stuck in the city’s rush hour traffic.

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Illinois named 5th in the world for data centers

Data centers are grand physical locations with hundreds of computers, machines and other hardware that store the data we use every day. Data centers have been expanding around the world as we become more dependent on cloud and data storage. 

As a result of a 2019 data center investment program, Illinois has served as one of the best data center markets in the nation and now ranks fifth in the world for data centers. These centers have rejuvenated the Chicago-area cloud system and attracted more than $4.2 billion in new investments to the state.

The 2019 program was a tax incentive plan designed to jump-start data center development in Illinois. The centers would receive exemptions from state and local sales taxes on data center equipment for 10 years if they invested a minimum of $250 million in the facility and created at least 20 high-paying full-time jobs. A study by Mangum Economics shows that the program drew 13 data center projects to the state, creating more than 8,000 jobs.

With the success of this program, Illinois is now the fifth best place in the world for data centers, cementing our place as one of the forerunners in cloud storage and the technology of the future.

Illinois ranked #2 state in the nation for corporate invesment

Earlier this month, Illinois was ranked the second state in the nation for corporate investment and projects. Site Selection Magazine, an international business publication, announced there were 487 projects in Illinois in 2022. Illinois was in the number three spot the year before. The publication also named Chicago as the Top Metro area for the 10^th year in a row.

This comes after the state announced $40 million in grants toward the development of mega sites, distribution centers and industrial centers. The state has also invested record-breaking funding in training programs and workforce facilities.

These investments have also earned Illinois the title as the top state in the Midwest for workforce development by Site Selection. These yearly analyses are considered the “industry scoreboard” by real estate analysts.

For projects to qualify for the yearly analyses, they must meet at least one of the following criteria: an investment of at least $1 million, or the creation of at least 20 new jobs or 20,000 square feet of new space.