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Economic Development Council

The purpose of the Economic Development Council is to gain and provide perspective and understanding of the competitive needs of Illinois’ businesses and to advocate for responsible policies and practices to address those needs and strengthen the economic position of Illinois in the global economy.


REAL ESTATE SURVEY RESULTS

THE EDIE AWARDS

Economic Competitiveness Scorecard Reveals Illinois' Strengths, Weaknesses

The Illinois Chamber Foundation's 2008 Illinois Competitiveness Scorecard compares our state with others on measures such as workforce preparedness, innovation and costs.
How did Illinois fare?
(read the SJ-R's story
on our report)

Bloomington, Chicago, Dixon, Park Ridge and
Romeoville Companies Announced as 2009 Edie Award Winners

5.19.09 Chicago, IL – What does a wind farm in McLean County have in common with a distribution facility in Romeoville? What does a label stock manufacturing plant in Dixon have in common with a ComEd electrical substation in Chicago or major retail development in downtown Park Ridge?

What they all have in common is that they were completed in 2008. They all showcased that economic development projects and jobs creation are still happening in the state. And, lastly, they were all officially notified today that they are the recipients of the Edie Award (Economic Development in Illinois) – an award given jointly by the Illinois Chamber of Commerce and the Illinois Development Council (IDC) to recognize economic development projects throughout Illinois that were completed last year. More>


OPPORTUNITIES AND CHALLENGES

OF DOING BUSINESS IN ILLINOIS

A Survey of Illinois Commercial and Industrial

Real Estate Agents and Brokers

Illinois is in continuous competition with other states and increasingly with other countries when it comes to attracting industrial and commercial development.  Whether it’s keeping companies here in our state, convincing them to grow here or attracting new ventures to move here, there is growing concern that Illinois is no longer keeping up with its competition. 

The Illinois Chamber of Commerce and its Economic Development Council retained the University of Illinois at Springfield’s Survey Research Office to reach out and ask the people in the trenches – industrial and commercial real estate agents throughout the state – why Illinois wins or loses these battles.

There’s no better method of finding out how we can do better and where we need to focus our efforts than by talking to the people who are out there every day in every corner of the state trying to convince businesses of all kinds that Illinois is the place to be.

The survey was conducted in the third and fourth quarters of 2008 with 160 commercial and industrial real estate professionals (agents and brokers) in Illinois from 88 different real estate firms.  Two-thirds of the respondents completed the survey through a telephone interview while the remaining one-third did so through a web-based survey.  The response rate was 35%.

Click here for the complete results.

 

 

 

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Springfield, IL 62701
217.522.5512


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