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Jobs. People. Lifestyle. Commerce.

What's Up in Downtown Chicago

Key Takeaways

  • For the sixth year in a row, Chicago has led the nation in corporate expansions and relocations. Over the past 10 years, steady growth has added nearly 100,000 jobs in the CBD alone.
  • With the surge in jobs, population in the urban core has jumped 50% since 2000, double the national growth rate. Half of those people are under 35. Plus, the Chicago workforce has the most college grads per capita of the five largest U.S. cities.
  • Chicago is America’s last livable big city. Household income averages $126,578 in the urban core, while the cost of living is low. Downtown housing averages just 21% of income. And Chicago has a lower cost of doing business than New York, Los Angeles, San Francisco and Boston.
  • Today 42% of the U.S. population lives within 750 miles of Chicago. The city is a vital link in any supply chain — and the largest U.S. industrial market.

Chicago 1400x375

Why Chicago in 2020 and Beyond

On January 30th, CBRE Investor Services welcomed Spencer Levy, Chairman, Americas Research & Senior Economic Advisor, CBRE and Fritz Kaegi, Cook County Assessor for a discussion about what makes Chicago a world-class city.

Watch a recap of the event:

Highlights of the event included:

  • Chicago fares well on all of Spencer Levy's "5 Factors of Awesome": Talent, Foreign Capital, Infrastructure, Ease of Doing Business and Live - Work - Play.
  • As Cook County Assessor, Fritz Kaegi's primary objective is to bring fairness, ethics and transparency to tax assessments.
  • Fritz has over 20 years of experience valuing assets as a financial manager and analyst, lending credibility and experience to the office of Cook County Assessor.

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Learn More About Chicago


Chicago has become a hub of higher education. Spencer Levy sits down with Collete English Dixon of Roosevelt University to talk education and talent in Chicago.

Fulton Market

Fulton Market is one of the fastest growing neighborhoods in Chicago. See more about how this live, work, play destination is attracting talent and some of the best employers in the world.

The National

Spencer Levy discusses the trend of foreign investors coming to Chicago to buildings like 125 S. Clark, The National.

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U.S. Flexible Office Market 2019

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Marissa Oberlander
Senior Research Analyst
+1 312 5404686
Jamie Georgas
Senior Managing Director, Chicago Occupier
+1 312 9351455
+1 312 9351880

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