CHICAGO | Economic & Business Development

[killaviews]

I understand the marketing argument. Messaging could definitely be improved.

We can say we have the talent and environment that Google or Amazon want and need, but as a city, I don’t think we are showing it and proving it. Here’s the trend I see – behemoths follow behemoths. Where is Chicago’s tech behemoth?

There seems to be a successful trend for the city in the consumer packaged goods industry (Kraft, Hillshire, Conagra, Beam, MillerCoors, Constellation Brands, Ferrero, Pillsbury, Mead Johnson). There are tech and tech adjacent companies, but there is not an office with 5,000 or 10,000 or 25,000 that screams “we are a top tech talent company”. I’m not saying the trend is rationale. I guess a company could view it as X city has proved they have enough tech talent because Y company exist.

It takes more than boosterism from elected officials. If we want to be in the conversation, the companies we have here need to be the voice. Every company is somewhat of a “tech” company these days. I think it’s huge that Walgreens is moving all of its tech employees downtown. Now Walgreens need to tell tech success story. Hopefully it will. For us to win in the competition of superstar cities, we need some superstar companies. And it seems like we’re going to have to work with what we got for now.

[Baronvonellis]

Originally Posted by killaviews

I understand the marketing argument. Messaging could definitely be improved.

We can say we have the talent and environment that Google or Amazon want and need, but as a city, I don’t think we are showing it and proving it. Here’s the trend I see – behemoths follow behemoths. Where is Chicago’s tech behemoth?

There seems to be a successful trend for the city in the consumer packaged goods industry (Kraft, Hillshire, Conagra, Beam, MillerCoors, Constellation Brands, Ferrero, Pillsbury, Mead Johnson). There are tech and tech adjacent companies, but there is not an office with 5,000 or 10,000 or 25,000 that screams “we are a top tech talent company”. I’m not saying the trend is rationale. I guess a company could view it as X city has proved they have enough tech talent because Y company exist.

It takes more than boosterism from elected officials. If we want to be in the conversation, the companies we have here need to be the voice. Every company is somewhat of a “tech” company these days. I think it’s huge that Walgreens is moving all of its tech employees downtown. Now Walgreens need to tell tech success story. Hopefully it will. For us to win in the competition of superstar cities, we need some superstar companies. And it seems like we’re going to have to work with what we got for now.

Chicago used to have a tech behemoth Motorola. Unfortunately, it imploded 10 years ago due to inept management. They used to be hot stuff like Google is today. I worked there from 2006-2009 at the time management kept saying smartphones with touchscreens was just a fad, and blackberry type phones were the future, d'oh! They had no vision.

[the urban politician]

Would this spinoff land on the Fortune 500? They don’t say in this article. If so, Chicago will soon be gaining one:

https://www.chicagobusiness.com/heal...alth-care-unit

Edit: number 500 on this year’s list brought in $5.4 billion in revenue.

GE Healthcare is around $18 billion. So the answer is yes

[Vlajos]

^ Nice. Also:


Sprout Social raises $40.5 million, one of the quiet stars of Chicago tech could be lining up for an IPO.

https://www.chicagobusiness.com/john...es-405-million

[SIGSEGV]

I wonder if Chicago should try to market itself to seniors as a place you can get around without a car. Probably need to finish making the L actually accessible though...

[ardecila]

^ That reminds me of Wisconsin's (Scott Walker's WEDC) campaign to poach Chicagoans last year, where they tried to throw shade on the CTA and pretty much everyone in the city clapped back.

I mean seriously, it's a major advantage and not one that often comes up when outsiders discuss Chicago.

Originally Posted by rgolch

Not that we can't multitask; but dealing with rampant corruption, massive debt, and crime in minority neighborhoods should take precedence over a rebranding campaign. If we get those in order, my feeling is that success will follow. And sends a message far better than marketing. Unfortunately, I think things are going to get worse before they get better.

How do you tackle those issues with extremely limited resources? If you raise taxes without luring more jobs in or creating a growth narrative, then you're just asking Texas, Georgia, and Indiana to poach our residents and businesses. A rising tide floats all boats, especially in Chicago where we have ample land to add housing and ample unused capacity on our transit system so we can make sure growth isn't zero-sum. At least if you invest in growth and are successful, you can take some of the returns and invest in the community. I love the Neighborhood Opportunity Fund.

Also not clear that our crime issue is because we have more (or more violent) criminals than NY, LA, etc and not just because our criminals have laughably easy access to guns from Indiana. That's not a problem Chicago can solve on its own. For corruption, the best remedy is a healthy economy. Have you seen failing cities like Gary or (for awhile) Detroit? When resources are scarce, the folks with power will use that power to enrich their friends at the expense of everyone else. As for the debt problem, good luck filling that hole with declining tax revenues from a sagging economy.

Our city and state leaders have to walk and chew gum. They can't stop chasing factories and corporate expansions just because the city has other pressing issues.

[emathias]

Originally Posted by SIGSEGV

I wonder if Chicago should try to market itself to seniors as a place you can get around without a car. Probably need to finish making the L actually accessible though...

I think it does - individual developments certainly do, and I think even associations like the AARP talk about the advantages of cities with good transit and if be surprised if they didn't include Chicago when talking about those cities. Among retirees, it can be a hard sell to get people to retire further north than they worked most of their life because of the winters. But for existing upper Plains, Great Lakes, and upper Midwestern, climate would be less of problem, and convincing then that their grandchildren will think if them as"cool" if they retire to a big city is a bigger factor than some people realize, too. Grandparents want their grandchildren and children to visit, after all.

Marketing-wise, I think Chicago should vocally tie itself to the Great Lakes more than the Midwest in press. "Great" is better than "Mid" and "Lakes" reminds people we have water and who doesn't like lakes, whereas "west" has some positives, but I think that within context, "Lakes" is better.

[Halsted & Villagio]

Originally Posted by emathias

Marketing-wise, I think Chicago should vocally tie itself to the Great Lakes more than the Midwest in press. "Great" is better than "Mid" and "Lakes" reminds people we have water and who doesn't like lakes, whereas "west" has some positives, but I think that within context, "Lakes" is better.

Good post. Completely agree. And in truth, most Chicagoans identify more with our lake than we do with the plains of the mid-west. So in effect we would be embracing more of who we really are... always a good thing.

[rgolch]

Originally Posted by ardecila

^ That reminds me of Wisconsin's (Scott Walker's WEDC) campaign to poach Chicagoans last year, where they tried to throw shade on the CTA and pretty much everyone in the city clapped back.

I mean seriously, it's a major advantage and not one that often comes up when outsiders discuss Chicago.



How do you tackle those issues with extremely limited resources? If you raise taxes without luring more jobs in or creating a growth narrative, then you're just asking Texas, Georgia, and Indiana to poach our residents and businesses. A rising tide floats all boats, especially in Chicago where we have ample land to add housing and ample unused capacity on our transit system so we can make sure growth isn't zero-sum. At least if you invest in growth and are successful, you can take some of the returns and invest in the community. I love the Neighborhood Opportunity Fund.

Also not clear that our crime issue is because we have more (or more violent) criminals than NY, LA, etc and not just because our criminals have laughably easy access to guns from Indiana. That's not a problem Chicago can solve on its own. For corruption, the best remedy is a healthy economy. Have you seen failing cities like Gary or (for awhile) Detroit? When resources are scarce, the folks with power will use that power to enrich their friends at the expense of everyone else. As for the debt problem, good luck filling that hole with declining tax revenues from a sagging economy.

Our city and state leaders have to walk and chew gum. They can't stop chasing factories and corporate expansions just because the city has other pressing issues.

Well, that's kind of why I said I thought things would get worse before they got better. With corruption and debt (which I think are related and essentially linked), nothing will get solved without a complete system failure, such as a complete evaporation of lending for pension contributions. As far as crime... I'm not a big believer in throwing money at problems to solve them; at least not with government programs. Both NY and LA have shown (I think) that the road to safer cities is gentrification. I know that makes some people cringe or call foul. But I think it's undeniable. And for us.... those terrible neighborhoods emptying out.... It certainly has moral, social, and political implications. But they're not really going to improve any other way.

[ardecila]

Originally Posted by rgolch

Well, that's kind of why I said I thought things would get worse before they got better. With corruption and debt (which I think are related and essentially linked), nothing will get solved without a complete system failure, such as a complete evaporation of lending for pension contributions. As far as crime... I'm not a big believer in throwing money at problems to solve them; at least not with government programs. Both NY and LA have shown (I think) that the road to safer cities is gentrification. I know that makes some people cringe or call foul. But I think it's undeniable. And for us.... those terrible neighborhoods emptying out.... It certainly has moral, social, and political implications. But they're not really going to improve any other way.

OK, but whether you're "throwing money at the problem" of crime or relying on gentrification to price the criminals out (along with the majority of poor people who are law-abiding) you still need money to invest, which means you've got to grow the tax base.

I don't think corruption is the serious issue you think it is. There's definitely SOME deadweight loss in the economy due to corruption but right now probably less of that than at any point in Chicago's history, and it's definitely not an issue unique to Chicago. We're not seeing the brazen acts of corruption you see in places like Gary or Detroit. Most of probably falls into gray areas of soft corruption - where city/state contracts go to connected individuals, etc but that certainly happens in New York and Paris as well.

[bnk]

https://www.marketwatch.com/story/ec...MW_latest_news


Chicago PMI shows region’s economy remains hot as 2018 winds down








Published: Dec 28, 2018 10:12 a.m. ET



Chicago PMI dips to 65.4 in December from 66.4, but still strong









By

Jeffry
Bartash

Reporter

 



Getty Images
The economy in the Chicago region grew a bit slower in December, but the region is still expanding rapidly.

A survey of business conditions in the Chicago area that’s often viewed as a signpost for the broader U.S. economy showed strong, if slightly softer, growth in the final month of 2018.

The MNI Chicago business barometer slipped to 65.4 points in December from an 11-month high of 66.4 in the prior month. That easily beat Wall Street’s expectation for a reading of 62.4, according to Econoday.

Any reading over 50 points to an improving economy and numbers over 60 are considered exceptional.

What happened: Companies continued to produce goods and services at a rapid pace and back orders were the highest since last July, suggesting no deterioration in customer demand.

The Chicago survey gives a good idea of what’s happening with manufacturers and other large U.S. companies, including many with expansive global operations. It is viewed as a leading indicator of how well the U.S. and even global economies are performing.


...

[marothisu]

Here's some info on changes in race by neighborhood from 2010 to 2017 comparing the 5 year ACS. I'm going to do things by increase/decrease of percentage points. For example, if the percentage in 2010 was 4% and then in 2017 it was 6%, I'd say it was +2 percentage point increase.

Top Increases in percentage points, Black/African American alone population
1. South Deering: +4.77 percentage points
2. South Chicago: +2.53 percentage points
3. West Ridge: +1.87 percentage points
4. Edison Park: +1.65 percentage points
5. Morgan Park: +1.65 percentage points
6. Hermosa: +1.55 percentage points
7. Bridgeport: +1.14 percentage points
8. Lower West Side: +1.12 percentage points
9. East Side: +1.01 percentage points
10. Albany Park: +0.95 percentage points
11T. Beverly: +0.63 percentage points
11T. Dunning: +0.63 percentage points
13. The Loop +0.57 percentage points
14. Avalon Park: +0.39 percentage points
15. Clearing: +0.33 percentage points

Top Increases in percentage points, White alone population
1. Logan Square: +8.25 percentage points
2. Rogers Park: +5.15 percentage points
3. Uptown: +4.34 percentage points
4. West Town: +4.26 percentage points
5. North Park: +3.81 percentage points
6. Near South Side: +3.29 percentage points
7. Pullman: +3.10 percentage points
8. Lower West Side: +2.65 percentage points
9. Woodlawn: +2.45 percentage points
10. Albany Park: +2.13 percentage points
11. East Garfield Park: +1.97 percentage points
12. South Shore: +1.77 percentage points
13. Riverdale: +1.71 percentage points
14. Hubmoldt Park: +1.63 percentage points
15. Near West Side: +1.59 percentage points

Top Increases in percentage points, Asian alone population
1. Near South Side: +8.02 percentage points
2. Armour Square: +6.59 percentage points
3. Archer Heights: +4.43 percentage points
4. Douglas: +3.73 percentage points
5. McKinley Park: +3.45 percentage points
6. Bridgeport: +3.42 percentage points
7. Near West Side: +2.97 percentage points
8. Brighton Park: +2.82 percentage points
9. Hyde Park: +2.78 percentage points
10. Mount Greenwood: +2.20 percentage points
11. Near North Side: +1.95 percentage points
12. Kenwood: +1.90 percentage points
13. Lower West Side: +1.89 percentage points
14. Woodlawn: +1.66 percentage points
15. The Loop: +1.58 percentage points

Top Increases in percentage points, Hispanic population
1. Garfield Ridge: +13.04 percentage points
2. Chicago Lawn: +11.11 percentage points
3. New City: +9.85 percentage points
4. Montclare: +9.51 percentage points
5. Hegewisch: +8.41 percentage points
6. Ashburn: +7.33 percentage points
7. West Elsdon: +7.31 percentage points
8. Clearing: +6.91 percentage points
9. Dunning: +6.90 percentage points
10. Belmont Cragin: +5.98 percentage points
11. Austin: +5.20 percentage points
12. Edison Park: +4.88 percentage points
13. West Englewood: +4.60 percentage points
14. Fuller Park: +4.57 percentage points
15. West Lawn: +4.33 percentage points

Top Decreases in percentage points, Black/African American alone population
1. Near South Side: -12.04 percentage points
2. Chicago Lawn: -10.66 percentage points
3. New City: -9.10 percentage points
4. Humboldt Park: -6.82 percentage points
5. Near West Side: -6.57 percentage points
6. Hyde Park: -5.79 percentage points
7. Woodlawn: -5.34 percentage points
8. Douglas: -5.29 percentage points
9. North Lawndale: -5.04 percentage points
10. Austin: -4.98 percentage points
11. West Englewood: -4.95 percentage points
12. Riverdale: -4.60 percentage points
13. Washington Park: -4.30 percentage points
14. Englewood: -3.97 percentage points
15. Kenwood: -3.77 percentage points

Top Decreases in percentage points, White alone population
1. Montclare: -10.68 percentage points
2. Garfield Ridge: -8.68 percentage points
3. Edison Park: -8.48 percentage points
4. Clearing: -8.36 percentage points
5. Archer Heights: -8.30 percentage points
6. Dunning: -7.06 percentage points
7. West Elsdon: -6.45 percentage points
8. Ashburn: -5.32 percentage points
9. Morgan Park: -4.93 percentage points
10. The Loop: -4.79 percentage points
11. Hegewisch: -4.43 percentage points
12. McKinley Park: -4.18 percentage points
13. West Lawn: -3.89 percentage points
14. Portage Park: -3.19 percentage points
15. Belmont Cragin: -3.16 percentage points

Top Decreases in percentage points, Asian alone population
1. North Park: -3.33 percentage points
2. Uptown: -3.08 percentage points
3. Norwood Park: -1.25 percentage points
4. Lincoln Square: -1.20 percentage points
5. Garfield Ridge: -1.01 percentage points
6. Morgan Park: -0.81 percentage points
7. Rogers Park: -0.66 percentage points
8. Edgewater: -0.47 percentage points
9. Ashburn: -0.40 percentage points
10. Calumet Heights: -0.38 percentage points
11. Riverdale: -0.37 percentage points
12. Fuller Park: -0.29 percentage points
13. O'Hare: -0.26 percentage points
14. South Deering: -0.24 percentage points
15. Hegewisch: -0.20 percentage points

Top Decreases in percentage points, Hispanic population
1. Avondale: -21.11 percentage points
2. Logan Square: -7.13 percentage points
3. Lower West Side: -5.84 percentage points
4. Albany Park: -5.13 percentage points
5. Pullman: -4.28 percentage points
6. West Town: -4.27 percentage points
7. South Chicago: -3.01 percentage points
8. Rogers Park: -2.73 percentage points
9. West Ridge: -2.69 percentage points
10. Bridgeport: -2.31 percentage points
11. Hermosa: -2.18 percentage points
12. Norwood Park: -2.08 percentage points
13. Uptown: -1.13 percentage points
14. South Deering: -0.77 percentage points
15. North Park: -0.74 percentage points


As far as Near North, South, West, and the Loop combined...
Asian: +3.16 percentage points
Hispanic: +1.27 percentage points
White: -0.45 percentage points
Black: -4.36 percentage points

All together, the percentages in 2017 are like this for those 4 areas combined:
White: 58.19%
Black: 16.89%
Asian: 15.18%
Hispanic: 7.23%

Every group increased their population in these 4 areas combined - white had the biggest increase at +26,833 people followed by Asian at +12,379 people

[moorhosj]

Originally Posted by marothisu

Top Increases in percentage points, Hispanic population
1. Garfield Ridge: +13.04 percentage points
2. Chicago Lawn: +11.11 percentage points
3. New City: +9.85 percentage points
4. Montclare: +9.51 percentage points
5. Hegewisch: +8.41 percentage points
6. Ashburn: +7.33 percentage points
7. West Elsdon: +7.31 percentage points
8. Clearing: +6.91 percentage points
9. Dunning: +6.90 percentage points
10. Belmont Cragin: +5.98 percentage points
11. Austin: +5.20 percentage points
12. Edison Park: +4.88 percentage points
13. West Englewood: +4.60 percentage points
14. Fuller Park: +4.57 percentage points
15. West Lawn: +4.33 percentage points

Top Increases in percentage points, Asian alone population
1. Near South Side: +8.02 percentage points
2. Armour Square: +6.59 percentage points
3. Archer Heights: +4.43 percentage points
4. Douglas: +3.73 percentage points
5. McKinley Park: +3.45 percentage points
6. Bridgeport: +3.42 percentage points
7. Near West Side: +2.97 percentage points
8. Brighton Park: +2.82 percentage points
9. Hyde Park: +2.78 percentage points
10. Mount Greenwood: +2.20 percentage points
11. Near North Side: +1.95 percentage points
12. Kenwood: +1.90 percentage points
13. Lower West Side: +1.89 percentage points
14. Woodlawn: +1.66 percentage points
15. The Loop: +1.58 percentage points

Seeing Chicago Lawn, New City, Austin, Woodlawn, Near West Side and West Englewood on these two lists are a good sign, to me. Some of the highest violence neighborhoods (North Lawndale, Garfield Park, Englewood and South Shore) don't appear here (yet), but are being surrounded by more diverse citizens from other parts of the city (Hispanics gentrified out of the northwest side and growing Asian population around Chinatown).

[marothisu]

Originally Posted by moorhosj

Seeing Chicago Lawn, New City, Austin, Woodlawn, Near West Side and West Englewood on these two lists are a good sign, to me. Some of the highest violence neighborhoods (North Lawndale, Garfield Park, Englewood and South Shore) don't appear here (yet), but are being surrounded by more diverse citizens from other parts of the city (Hispanics gentrified out of the northwest side and growing Asian population around Chinatown).

The number of community areas where there's 90% or higher of some group within it decreased from 21 CAs in 2010 to 18 CAs in 2017. It could have been 17, but Gage Park actually increased from 89% Hispanic to 92% Hispanic. I think you missed some because these neighborhoods do show up. But in case you are wondering - I'm including other in this (which is other + hawaiian + american indian/alaskan here) and 2+ races (aka mixed race):

North Lawndale
Hispanic: +3.39 percentage points
White: +0.98 percentage points
Other: +0.64 percentage points
Asian: +0.05 percentage points
Two or More Races: -0.03 percentage points
Black/African American: -5.04 percentage points

East Garfield Park
White: +1.97 percentage points
Hispanic: +1.23 percentage points
Two or More Races: +0.46 percentage points
Asian: +0.06 percentage points
Other: -0.22 percentage points
Black/African American: -3.21 percentage points

West Garfield Park
White: +1.33 percentage points
Hispanic: +1.10 percentage points
Two Or More Races: +0.42 percentage points
Asian: +0.26 percentage points
Other: +0.05 percentage points
Black/African American: -3.16 percentage points

Austin
Hispanic: +5.20 percentage points
Two or More Races: +0.17 percentage points
Asian: +0.13 percentage points
Other: +0.04 percentage points
White: -0.57 percentage points
Black/African American: -4.98 percentage points

South Shore
White: +1.77 percentage points
Hispanic: +0.33 percentage points
Asian: +0.10 percentage points
Other: +0.05 percentage points
Two or More Races: +0.03 percentage points
Black/African American: -2.27 percentage points

Englewood
Hispanic: +2.92 percentage points
Two or More races: +0.64 percentage points
Asian: +0.27 percentage points
White: +0.11 percentage points
Other: +0.02 percentage points
Black/African American: -3.97 percentage points

West Englewood
Hispanic: +4.60 percentage points
White: +0.23 percentage points
Other: +0.11 percentage points
Two or More Races: +0.07 percentage points
Asian: -0.06 percentage points
Black/African American: -4.95 percentage points


As far as the 2+ races thing goes, which is also important and interesting to look at, here

Top Increases, Two or More Races, from 2010 to 2017
1. Hyde Park: +2.37 percentage points
2. West Ridge: +2.35 percentage points
3. Irving Park: +2.21 percentage points
4. Lincoln Square: +1.97 percentage points
5. Pullman: +1.83 percentage points
6. Norwood Park: +1.80 percentage points
7. O'Hare: +1.72 percentage points
8. West Town: +1.67 percentage points
9. North Center: +1.63 percentage points
10. Edison Park: +1.63 percentage points
11. Ashburn: +1.60 percentage points
12. Albany Park: +1.50 percentage points
13. Douglas: +1.45 percentage points
14. Washington Park: +1.41 percentage points
15. Clearing: +1.36 percentage points

Top Decreases, Two or More Races, from 2010 to 2017
1. Armour Square: -0.99 percentage points
2. South Deering: -0.84 percentage points
3. Chatham: -0.59 percentage points
4. North Park: -0.55 percentage points
5. Oakland: -0.49 percentage points
6. West Elsdon: -0.48 percentage points
7. Gage Park: -0.42 percentage points
8. Fuller Park: -0.36 percentage points
9. Roseland: -0.26 percentage points
10. West Lawn: -0.19 percentage points
11. Hegewisch: -0.17 percentage points
12. New City: -0.15 percentage points
13T. Avalon Park: -0.14 percentage points
13T. East Side: -0.14 percentage points
15. Bridgeport: -0.13 percentage points


Also thought this would be interesting:


2017 top community areas American Indian and Native Alaskan Population

1. Washington Heights: 229 people
2. Lakeview: 214 people
3. Washington Park: 157 people
4. McKinley Park: 153 people
5. West Ridge: 150 people
6. Near North Side: 149 people
7. West Town: 144 people
8. The Loop: 139 people
9. Uptown: 131 people
10. Edgewater: 124 people



2017 top community areas Hawaiian and Pacific Islander Population
1. Albany Park: 41 people
2. Austin: 40 people
3. Irving Park: 36 people
4. Avondale: 33 people
5. Lincoln Park: 30 people
6T. Greater Grand Crossing: 29 people
6T. Logan Square: 29 people
8. Norwood Park: 25 people
9T. Humboldt Park: 22 people
9T. Uptown: 22 people



Overall, here were the changes by group by number of CAs that increased (or unchanged) or decreased their percentage share of an area

Increased >= 1 percentage point
Hispanic: 37 community areas
Two Or More Races: 22 community areas
Asian: 21 community areas
White: 19 community areas
Black/African American: 9 community areas
Other: 2 community areas

Decreased <= 1 percentage point
Black/African American: 39 community areas
White: 33 community areas
Hispanic: 13 community areas
Asian: 5 community areas
Other: 0 community areas
Two Or More Races: 0 community areas

Increased (or unchanged)
Two Or More Races: 59 community areas
Asian: 53 community areas
Hispanic: 53 community areas
Other: 41 community areas
White: 31 community areas
Black/African American: 19 community areas

Decreased
Black/African American: 58 community areas
White: 46 community areas
Other: 36 community areas
Hispanic: 24 community areas
Asian: 24 community areas
Two Or More Races: 18 community areas

[marothisu]

I made a crude measure about overall integration - distance away for all 4 major groups to 25%. This doesn't get into the micro level or anything, just overall CA. The closer to 0 means the more "integrated" at the high CA level. The least integrated would be a score of 150 (100% of one race and 0% of all other 3 races combined):

Most "integrated" CAs
1. West Ridge: 38.87
2. Rogers Park: 42.52
3. Near West Side: 43.33
4. Bridgeport: 46.22
5. Near South Side: 46.53
6. Hyde Park: 52.24
7. North Park: 57.38
8. Albany Park: 58.85
9. Uptown: 62.04
10. Edgewater: 63.28
11. McKinley Park: 72.91
12. Irving Park: 73.66
13. New City: 74.63
14. Ashburn: 74.67
15. West Town: 74.93
16. The Loop: 76.76
17. Morgan Park: 80.32
18. Logan Square: 81.23
19. Lincoln Square: 82.51
20. Jefferson Park: 83.06
21. Montclare: 84.30
22. Humboldt Park: 84.46
23. Portage Park: 84.56
24. Beverly: 85.41
25. Dunning: 85.61

Least "Integrated" CAs:
1. Avalon Park: 145.57
2. Burnside: 145.56
3. Washington Heights: 144.3
4. Roseland: 143.60
5. Greater Grand Crossing: 143.52
6. Auburn Gresham: 143.15
7. Chatham: 142.61
8. Washington Park: 140.27
9. Englewood: 140.21
10. South Shore: 140.06
11. West Garfield Park: 139.86
12. Calumet Heights: 139.00
13. Grand Boulevard: 137.58
14. Riverdale: 136.58
15. West Pullman: 135.82
16T. Fuller Park: 134.37
16T. Gage Park: 134.37
18. West Englewood: 133.84
19. Oakland: 130.11
20. East Garfield Park: 128.74
21. North Lawndale: 125.35
22. Hermosa: 120.70
23. Mount Greenwood: 120.63
24. Edison Park: 118.25
25. Pullman: 118.02

Top areas that have gotten more "integrated" from 2010 to 2017 (negative is a good thing):
1. Avondale: -18.86
2. Edison Park: -15.33
3. Near South Side: -13.69
4. Lower West Side: -11.50
5. Hyde Park: -11.49
6. Woodlawn: -10.03
7. Near West Side: -9.87
8. Austin: -9.75
9. West Englewood: -9.73
10. North Lawndale: -9.47
11. The Loop: -9.32
12. Douglas: -9.28
13. Riverdale: -8.76
14. Dunning: -8.40
15. Englewood: -7.27

Top areas that have gotten less"integrated" from 2010 to 2017 (positive is not necessarily a good thing):
1. West Elsdon: +14.16
2. Belmont Cragin: +11.36
3. Armour Square: +11.30
4. Ashburn: +10.03
5. Uptown: +9.42
6. Garfield Ridge: +9.14
7. Archer Heights: +7.90
8. Hegewisch: +7.68
9. West Lawn: +7.59
10. South Deering: +7.18
11. Rogers Park: +6.73
12. New City: +6.46
13. Gage Park: +5.53
14. South Lawndale: +5.38
15. South Chicago: +5.33

[marothisu]

Silicon Valley firm to double Chicago engineering team

https://www.chicagobusiness.com/john...gineering-team

Verifone is overhauling the credit- and debit-card reader that’s embedded in American retail shopping, and it’s doing it in Chicago.

The company plans to double its engineering team in the Loop to about 150 by 2020, says Val Marchevsky, a vice president who joined the company from Motorola Mobility after nearly two decades with the phone maker.

Verifone, based in San Jose, Calif., is the latest Silicon Valley tech company to tap Chicago’s engineering talent pool. Google quietly assembled a team of more than 100 engineers for smartphone business in Chicago. Software maker ServiceNow also plans to hire about 150 engineers here.

“We’re building a terminal-engineering team: people doing hardware, software and firmware,” Marchevsky said.

Chicago has a solid bench of hardware and device engineers from Motorola and other companies, as well as payments-software talent from Braintree.

So, +75 engineers by 2020. Not huge but still positive.

[marothisu]

^ The next Detroit !!!!111

[marothisu]

Oreo-maker Mondelez to move headquarters and 400 jobs to Chicago, leaving Deerfield

https://www.chicagotribune.com/busin...107-story.html

Mondelez International, maker of Oreo, Ritz, Triscuits and other brands, plans to move its global headquarters from Deerfield to Chicago’s booming Fulton Market neighborhood.

The snack maker will move 400 employees into a five-story office building under construction at 905 W. Fulton Market, in the heart of what was once the city’s meatpacking district. The company, which said it signed a 15-year lease, will relocate employees in April 2020, joining the parade of corporate food giants abandoning the suburbs for the city.

...

“We sought a location that reflects our new, dynamic and more consumer-centric growth culture, and which will make existing and future colleagues proud to be working at the global headquarters of a $26 billion dollar global snacking leader,” Mondelez Chairman and CEO Dirk Van de Put said in a statement. “Fulton Market is an exciting part of the City of Chicago that has acquired a well-deserved reputation for world-class food. We’re privileged to be part of this rapidly-developing scene.”

..

The move to a hub of Chicago’s foodie and tech scene gets the company “rooted into a city that represents the millennial vibe,” Armitage said, which is useful for both attracting employees and developing consumer insights.

“We want everyone to be connected into what consumers are thinking and doing,” he said.

All 330 corporate employees at Mondelez’s Deerfield headquarters will make the move, plus about 40 contractors and 30 employees from Enjoy Life Foods, which Mondelez acquired in 2015. Enjoy Life, known for its allergen- and gluten-free snacks, is based in Schiller Park.

Mondelez, which occupies 53,000 square feet in Deerfield, will have 83,000 square feet in the new building, where its offices will be on floors two through five. There will be retail on the ground floor.

[the urban politician]

Awesome!

I wonder if, like McDonald’s, a company like Mondelez comes with its own group of vendors

[LouisVanDerWright]

Originally Posted by the urban politician

Awesome!

I wonder if, like McDonald’s, a company like Mondelez comes with its own group of vendors

All companies come with vendors, the question is whether they have the gravity to single handedly suck entire offices into relocating with them. Mondelez may not have the kind of clout on their own, but given the agglomeration of food companies piling up in this area, it's probably going to attract more vendors to this kind of company to the area.