DuPage County #9 on List of America’s 20 Best Counties

Best County

In its new July 2023 issue, Site Selection magazine has published the inaugural edition of “America’s Best Counties,” a new ranking based on Conway Data’s proprietary Conway Projects Database of corporate facility investment data.

On the list of America’s Best Counties by Total Projects, were four Chicagoland Counties, including Cook County, tied for #2 with 231 projects, DuPage County at #9 with 91 projects, Kane County, tied for #14 with 52 projects, and Will County, tied for #16 with 48 projects. 

“These four counties (all GCEP members) are proof that a rising tide floats all boats—a philosophy I’ve always believed in,” said Greg Bedalov, President & CEO of Choose DuPage. “When we create good conditions for businesses across the region, it’s good for everyone at every level. I’m so proud of the work we’ve done and the collaborative environment we’ve built across the region. And we’re just getting started!”

Illinois was the only state with four or more contiguous counties making the list. Earlier this year, Site Selection named the Chicago region the top metro in the U.S. for business growth, a ranking it’s held for the last ten years. 

AMERICA’S BEST COUNTIES BY TOTAL PROJECTS

(JAN. 2022 – MARCH 2023)

RANK

JURISDICTION

NO. OF PROJECTS

1.

Dallas County, Texas

252

T2.

Harris County, Texas

231

T2.

Cook County, Illinois

231

4.

New York County, New York

162

5.

Los Angeles County, California

128

6.

Tarrant County, Texas

109

7.

Travis County, Texas

103

8.

Maricopa County, Arizona

102

9.

DuPage County, Illinois

91

10.

Middlesex County, Massachusetts

80

T11.

Fulton County, Georgia

71

T11.

Franklin County, Ohio

71

13.

Collin County, Texas

55

T14.

Kane County, Illinois

52

T14.

Cuyahoga County, Ohio

52

T16.

Will County, Illinois

48

T16.

Hamilton County, Ohio

48

T18.

Marion County, Indiana

47

T18.

Miami-Dade County, Florida

47

T20.

Johnson County, Kansas

46

T20.

Bexar County, Texas

46

Source: Conway Projects Database, Conway Data Inc./Site Selection

The Workplace Will Never Be the Same

Office Space Podcast

DuPage Business Beat | Podcast Episode 2

Digital tools have made it possible to work from anywhere. But offices are still the best places for collaboration and critical for attracting talent. So how are employers adapting?

In today’s episode, host Greg Bedalov meets with two workplace experts to discuss how modern workplaces are evolving to attract talent, spur collaboration, and accommodate hybrid work styles. From creative design solutions to the rise of “phygital” workplaces, Greg and his guests cover the topics and trends that matter to Chicagoland businesses.

Guests:

Host: Greg Bedalov, President and CEO of Choose DuPage

office design podcast

Dive Deeper:

Business Podcast

A special thanks to College of DuPage for supporting today’s episode. To keep up with what’s happening in DuPage County and the Chicagoland region, follow Choose DuPage on social media or visit ChooseDuPage.com/Ready.

Chicagoland’s economic development strategy? Creativity and collaboration

Corporate investment

From “Chicagoland’s economic development strategy? Creativity and collaboration” – Daily Herald

For Chicagoland, the change just keeps coming. As the region adapts to shifting supply chains and new ways of working, fresh disruptions — from technologies to economic trends — are pouring in from every direction.

So, in an era of relentless change, what’s the right economic development strategy? At Choose DuPage, we believe that it’s all about creativity and collaboration.

For a good example of this approach in action, let’s head to the golf course.

Until recently, Pheasant Run didn’t seem like a place with much potential. After closing in 2019, the St. Charles golf course sat empty for several years.

Meanwhile, Chicagoland’s industrial real estate developers were facing a profound problem: There just wasn’t enough space. Vacancy rates were at an all-time low, rents were rising, and developers couldn’t find enough large parcels to meet demand.

Then, people started getting creative. While a golf course might not seem like the obvious choice for an industrial space, developer Greco/DeRosa saw potential. Now, the group is developing the unused land into a 1.5-million-square-foot industrial development, a big win for businesses and the St. Charles community.

Real estate expert Jim Adler of NAI Hiffman says that this is exactly the kind of creativity we need.

“There is an opportunity for developers and communities to figure out how all the puzzle pieces fit together,” he says.

Choose DuPage is helping supercharge this creative approach to economic development. Our organization works with municipalities, site selectors and real estate brokers to identify “Areas of Opportunity,” land that is ripe for redevelopment. We market these hidden gems to decision-makers, then help them navigate any issues that emerge along the way.

Limited space isn’t the only challenge that Chicagoland communities face. Today’s DuPage County businesses must contend with an ultralow unemployment rate of about 3.1%. Low unemployment may sound like a good thing — and it can be, for workers — but for businesses, it creates labor challenges.

Meanwhile, many employees continue working remote, which means that some offices are left empty and the future of commercial real estate remains uncertain.

There’s no catchall solution to these challenges. But Choose DuPage and other organizations are finding innovative ways to address them.

One of the most obvious but critical solutions is to foster an environment that is both business-friendly and people-friendly. That means actively working to create a climate that encourages businesses to come here and stay here. It also means that health, education, arts and culture — the things that really matter to people when choosing a place to live — are top priorities.

Choose DuPage brings together local leaders to focus on a well-rounded economic development strategy, one that accounts for the needs of businesses, communities and people alike. At the same time, we promote our business-friendly, people-friendly region — along with other key differentiators, like DuPage County’s robust transportation infrastructure and strategic location — to attract businesses and talent.

Promoting Chicagoland takes a village. Scratch that — it takes an entire region. In a historic move, Choose DuPage and DuPage County recently joined six other counties and the city of Chicago to form the Greater Chicagoland Economic Partnership. Together, we promote the region’s collective assets, driving investment and empowering Chicagoland to compete on a global scale.

“It’s long been a passion of mine to work collaboratively with like-minded leaders and communities across the region,” said Greg Bedalov, President & CEO of Choose DuPage.

“This is about telling a new story: The story of Chicago and Chicagoland. A story that is optimistic, forward-looking and focused on the best of our community. Those of us who live, work and do business here know that this is a place with unlimited potential, and GCEP gives us a platform to share our story at a global scale.

“It’s time for the rest of the world to see Chicagoland the way we do.”

Learn more at ChooseDuPage.com/ready.

Nagase Holdings America Leases Top Floor of 300 Park Blvd in Itasca

nagase

Nagase Holdings America has leased 48,500 square-feet on the top floor of 300 Park Boulevard, located at Hamilton Lakes in Itasca, Illinois. Currently located in New York City, the company will establish an office here to work more closely with Nagase Specialty Materials. Additionally, Prinova Group will relocate their corporate headquarters to the space.

Masaya Ikemoto, Representative Director and Senior Managing Executive Officer, Nagase & Co., Ltd. commented on the move, “We have approximately 120 group companies worldwide, and our business in the U.S., mainly in the chemical and food materials fields, has grown significantly in recent years to be the Group’s driving force. We will use this opportunity to co-locate multiple US entities and create synergies and collaboration between operating units. NAGASE is looking forward to this new chapter in the continued growth of NAGASE in the U.S., specifically the Chicagoland Area.”

NAGASE Group was represented by Jonathan Metzl of Cushman and Wakefield. 300 Park, owned by Hamilton Partners Inc., was represented by Patrick McKillen of Hamilton Partners.

About NAGASE Holdings America

Founded in 1832, Nagase offers global trading services of chemicals, plastics, electronics materials, cosmetics, and food ingredients. With more than 110 Group companies in 30 countries and regions, Nagase offers unique values to customers by combining group functions of manufacturing, processing, and R&D.

About Hamilton Partners Inc.

Hamilton Partners Inc., is one of the nation’s leading privately held commercial real estate development companies. The company is headquartered in Itasca, Illinois and has regional offices in Buffalo Grove, Downers Grove, Salt Lake City, Utah, Phoenix, Arizona, and Denver, Colorado. Hamilton Partners has full-service management offices in 15 additional locations throughout the Chicago area. Over the past 34 years, the company has developed over 39 million square feet and continues to own numerous prestigious, office, industrial, retail, and multi-family projects.

Learn more about doing business in DuPage County, Illinois here, or contact us to request information.

In Chicago’s Suburbs, Developers are Rethinking Everything

DuPage Business Beat Podcast

DuPage Business Beat | Podcast Episode 1

COVID changed the way millions of people work. Now, its aftershocks are pushing developers and communities across Chicagoland to think creatively about how they use their space.

In this episode, host Greg Bedalov meets with two real estate industry experts to discuss the stories behind key trends in employment, industry sectors, the regional GDP, and more. From the ‘amenities race’ to innovative mixed-use developments, Greg and his guests cover the topics that impact people and businesses across the region. 

Guests: Jim Adler and Mark Moran, Executive Vice Presidents of Chicago-based brokerage firm NAI Hiffman

Host: Greg Bedalov, President and CEO of Choose DuPage

Dive Deeper:

A special thanks to College of DuPage for supporting today’s episode. Stay tuned for more episodes of the DuPage Business Beat.

New retail and office leases secured at Naperville’s CityGate Centre

Naperville office lease

Calamos Real Estate LLC recently announced it has entered into two new lease agreements, one each for retail and office at CityGate Centre in Naperville.

Apotheco Pharmacy Group will open its newest retail location leasing 3,740 square feet at 2155 CityGate Ln., bringing the 54,479 square-foot retail building to 90 percent occupancy. The lease, brokered by Frontline Real Estate Partners for Apotheco and Calamos Real Estate for CityGate Centre, will commence July 1, 2023, for a 10-year term. Warren Johnson Architects, Inc., will design the space which is projected to open in late summer.

With locations in 15 states including an existing Illinois location in Chicago’s Lincoln Park, Apotheco is a dermatologic pharmacy; it keeps a fully stocked, extensive inventory of dermatology medications frequently used to treat acne, eczema, psoriasis, wound care and more. While its pharmacists are highly specialized in dermatological medications, they are fully licensed to fill other prescribed medications and will order as needed, making it a welcome amenity for residents of Domain CityGate, the new, 285-unit luxury apartment building that opened at CityGate Centre fall 2022, other area residents and employees of CityGate Centre’s commercial tenants.

“Beyond the convenience it offers those who live and work here and nearby, Apotheco makes a lot of sense at CityGate Centre,” said Calamos Real Estate Vice President Chris Landis. “As home to two leading dermatology practices— Oak Dermatology and Duly Health & Care—it’s a smart choice for this highly specialized, yet full-service, pharmacy to open its west suburban location at CityGate Centre.”

In another separate transaction, Elequin Capital, a capital investments firm founded in 2019 by Pete Guiterrez and headquartered in midtown Manhattan, has leased 2,628 square feet of ready-to-use office at 2135 CityGate Ln. The lease, which brings the Class A building to more than 86 percent occupancy, will commence April 1.

At CityGate Centre, the best attributes of an urban neighborhood – walkable access to fine dining along with casual fare; green space; a Forbes-rated, AAA Four Diamond hotel; healthcare, spa & fitness facilities; new, luxury apartments; and easy access via the state and interstate highway systems – and the Illinois Prairie Path – are together in a pristine, suburban setting. The mixed-use campus provides ample parking, food options, workout facilities and more that both commercial and residential tenants are looking for.

Calamos Real Estate LLC, a subsidiary of Calamos Property Holdings LLC, is focused on real estate activities throughout the United States, including acquisitions, development opportunities and joint ventures. The firm’s flagship development, CityGate Centre in Naperville, is a unique mixed-use development offering superior leasing opportunities for corporate and commercial tenants, as well as property management services of the highest caliber.

Chicago Region Named Top Metro in the U.S. for Business, 10th Consecutive Year

Business Relocation

Site Selection Magazine has named the Chicago region the Top Metro in the U.S. for corporate relocation and site selection, for the tenth consecutive year. News of the Chicago region’s Top Metro rank for 10 consecutive years was announced at an event this month, where World Business Chicago convened city and regional leaders with companies that made pro-Chicago decisions in 2022.

Site Selection Magazine reports that the Chicagoland metro area saw a record number of new and expanding corporate locations, more than any other region in the country. “If winning multiple championships establishes dynasties, what do you call it when you win ten years in a row?” asks Site Selection Managing Editor Adam Bruns. “In Chicagoland, they hand the ball back to the ref and act like they’ve been there before. Because they have. Our project data tell us the metro area continues to attract companies and the talent those companies covet. Led by World Business Chicago, the newly formed Greater Chicagoland Economic Partnership and most of all by talented professionals, workers and business leaders, the region continues to meet its challenges with creative solutions, bold programs and the sort of candor and openness that’s almost a Chicago brand.”

2022 Top Metros Ranking

Major companies such as Mars Wrigley, Kellogg’s, Google, BMO, EeroQ, Bartesian, New Cold, and Lion Electric are among those that have recently expanded or relocated to Chicago in 2022, contributing to the economy and bringing substantial investments, job growth, and new opportunities to the region. The region’s ongoing efforts to create a dynamic and welcoming business environment, along with its commitment to driving sustainable and inclusive economic growth that benefits all residents, have helped to maintain its status as the top metro for corporate investment in the US.

The Greater Chicagoland Economic Partnership promotes the region as a powerhouse with a well-established infrastructure, deeply rooted industries, and a robust network of businesses. With its exceptional connectivity, the region is uniquely positioned to weather economic challenges. The greater Chicagoland region is now home to a thriving startup ecosystem, bolstered by a growth capital network, driven by innovation and technology. These newly emerging and accelerated ecosystems are set to propel the region towards an even brighter economic future.

About the Greater Chicagoland Economic Partnership

The Greater Chicagoland Economic Partnership (GCEP), a first-of-its-kind united effort including the City of ChicagoCook County, and six counties across metropolitan Chicago, is driving a regional economic strategy intended to deliver mutual benefits to the partners, and strengthen the greater Chicagoland region’s economic force in an increasingly fierce competitive global market.  The GCEP is focused on promoting the region’s many assets, including extensive freight infrastructure, diverse talent, strong exporting industries, and world-class institutions of innovation, research, and culture as its competitive global identity.

Illinois Ranks #2 State in the Nation for Corporate Investment

Corporate investment
Site Selection Magazine – an international industry-leading business publication — released its annual corporate expansion and relocation rankings, naming Illinois 2nd in the nation for corporate projects and Chicago the Top Metro for the 10th year in a row. The publication noted 487 Illinois projects in 2022, moving the state up from the number three spot in the previous year’s rankings.
 
“Illinois is open for business and leading the way as one of the top 10 states for corporate investment, with Chicago named the number one metro for the 10th year in a row,” said Governor Pritzker. “Thanks to our nation-leading infrastructure revitalization, talented workforce, and growing economy, Illinois is the best place to do business.”
 
The issue also named the Chicago metropolitan area as the Top Metro for corporate investment for the 10th straight year. With a growing reputation as a tech hub with Google’s purchase of the Thompson Center and new headquarters moving in, such as Kellogg, Chicago continues to bolster its reputation as a global powerhouse.
 
“Illinois is the best state to live, work and do business and under Governor Pritzker’s leadership, we’ve reached unprecedented fiscal health, surpassed $1 trillion GDP for the first time and continue to create jobs and grow our economy,” said Acting DCEO Director Kristin A. Richards. “We’re proud to have nearly 500 corporate investments in 2022 and looking ahead, we are doubling down on our business attraction and retention efforts to support economic development in every corner of the state.”
 
The State of Illinois has created an environment where companies can thrive through unprecedented investments in our infrastructure and our workforce, while also developing cutting edge programs that bring economic growth and jobs to the state. Illinois recently launched a $400 million invest in Illinois fund to attract large businesses and stay competitive with other states, expanded incentives for the clean energy industry, and made it easier for companies to apply for EDGE – the state’s primary incentive program.
 
The state also announced $40 million in grants to supercharge the development of megasites – large, developed sites ready for occupancy for manufacturers, distribution centers, industrial centers, and more. These grants will increase the number of investment-ready sites in Illinois and increase the state’s competitiveness for large-scale projects.
 
Companies that located or expanded throughout Illinois in 2022 include:
  • CyrusOne Data Center – $250 million facility located in Aurora
  • Ferrero – Bloomington manufacturing facility; $214.4 million investment and 200 jobs
  • GAF Commercial Roofing – Peru manufacturing plant; $80 million investment and 70 jobs
  • LG Chem/ADM – two new joint ventures in Decatur; 125 jobs
  • Ollie’s Bargain Outlet – Princeton distribution center; $68 million investment and 145 jobs
  • Prime Data Centers – New $1 billion data center in Elk Grove Village
  • T/CCI – Decatur retooling for EV component manufacturing; $20 million investment and 50 jobs
  • Tyson Foods – Caseyville manufacturing facility expansion, $180 million investment and 400 jobs
Similarly, the State of Illinois – which was recently named the top state in the Midwest for Workforce development by Site Selection – has made unprecedented investments in training programs and workforce facilities, including Manufacturing Training Academies, Illinois Works pre-apprenticeship programs, and nearly $180 million annually for clean energy jobs training and community support efforts under the Climate and Equitable Jobs Act (CEJA).
 
“Site Selection’s ranking of top states for business attraction validates that we are on the right track,” said Intersect Illinois CEO Dan Seals. “Illinois has the talent, infrastructure, central location and some of the most competitive tools needed to attract major job creators to the state and companies are noticing.”
 
“Illinois’ performance improved in both categories of project counts this year – from third place to second in total projects and from seventh to fourth in projects per capita,” says Mark Arend, editor in chief of Site Selection. “This will signal to readers that Illinois is an attractive and effective location for establishing and expanding operations.”
 
Site Selection’s yearly analyses are regarded by corporate real estate analysts as “the industry scoreboard.” To qualify, projects must meet one or more of these criteria: investment of $1M or more, creation of 20 or more new jobs or 20,000 sq. ft. or more of new space.

Merkur is Giving Chicagoland Manufacturers an Upgrade

business feature merkur
Canadian engineering firm Merkur recently opened an office in Downers Grove, Illinois. Now, they’re working with longtime client Lion Electric – a zero-emissions vehicle manufacturer in nearby Joliet – as well as other Chicagoland businesses, to improve their efficiency and help them compete in a dynamic global market. Let’s take a look at what factors attracted Merkur to DuPage and how they’re helping shape the region’s future. 

Merkur was looking for the next big thing.

For nearly 30 years, the Quebec, Canada-based engineering firm had partnered with manufacturers across North America. During that time, they built a reputation as the “brains of the industry,” helping their clients upgrade systems, eliminate bottlenecks, develop new products, and build strategies that help businesses stay competitive.

From the very beginning, one of Merkur’s differentiators was their focus on implementation—the art of getting stuff done. While other engineering firms may provide helpful information, Merkur takes it a step further, working directly with clients to put their plans into action. Got a bottleneck that’s slowing down your factory? They identify the problem, tell you how to fix it, then work with you to make it happen. Going electric? They develop a plan to modify your assembly line and solve various logistical challenges, like sourcing and storing batteries. Then, they help you put that plan into action.

To put it another way, Merkur’s business is all about evolution: evolving products, assembly lines and entire businesses.

So when it came time to evolve their own company, they were ready.  

In 2021, the firm decided to open a second location. At the time, change was sweeping through the manufacturing industry; the technology was evolving, the supply chain was reorganizing, and the Electric Vehicles (EV) sector was revving up its engines. While Merkur’s portfolio had grown in recent years, they saw an opportunity to expand into new markets and help lead manufacturers through times of big, fast change. For decades, they helped Quebec’s manufacturing industry evolve; now, they were ready to bring their expertise to a new market.

But first, they had to choose the right location. And as they began weighing their options, they found a (literal) world of possibilities.

A Global Search

As they began their search for a second office location, Merkur kept an open mind. They considered places around the world, from Ontario to France. From the outset, they wanted their new office to focus on their core business: manufacturing’s transportation sector, the making of buses, ambulances, trucks, trains and ATVs. Whatever location they chose, it would have to be a place where this industry had a bright future.

“And then an opportunity came along,” said Jonathan Levesque, Merkur’s Director of Business Development and USA Market. “That’s often how life works, isn’t it? You prepare, you get ready for your next big move, and then something shows up.

“What showed up, of course, was Lion Electric.”

Follow the Leader

Lion Electric Chicagoland

Also based in Quebec, Lion Electric manufactures zero-emissions vehicles like school buses and urban trucks. For years, Merkur had partnered with Lion to improve their Canadian manufacturing plant and assist in product design.

One day, when Merkur was in the middle of their search for a second location, they received a call from their longtime client. As it turned out, Lion Electric was also looking to expand into a new market. Their search had brought them to Northern Illinois, the heart of the U.S. manufacturing industry and an epicenter of the growing EV sector. Lion planned to build a new headquarters in Joliet, a 900,000-square foot facility that would produce up to 20,000 electric vehicles each year.

They were building the future in Chicagoland, and they wanted Merkur to join them.  

The “Sweet Spot”

Working with Choose DuPage, which provided data and analysis on local market conditions, the Merkur team took an in-depth look at Northern Illinois’ manufacturing sector.

Jonathan Levesque Merkur
Jonathan Levesque, Merkur’s Director of Business Development and USA Market

“We quickly discovered there’s a lot of similarity between Quebec and Chicagoland,” Jonathan said. “There are many manufacturers here that fall within our core business. In fact, there are more in Chicagoland than the entire province of Quebec.”

In the Chicagoland region, manufacturing roots run deep. As a result, the market is a mix of new, ‘greenfield’ factories, like Lion Electric’s Joliet facility, and legacy manufacturers that have been operating in the region for decades. Merkur saw an opportunity to do business with both.

“Chicagoland really is the sweet spot,” said Dan Krohn, Business Development Manager at Merkur. “On the one hand, we’re very interested in the shiny new facilities. We want to be on the front end of planning those factories.

Dan Krohn Merkur
Dan Krohn, Business Development Manager at Merkur

“On the other, you have all these third-generation, fourth-generation businesses in the Chicago area. They’ve evolved, they’ve grown. But maybe they haven’t grown with the most focused strategy, and now their facilities need a little engineering love. We can step in and help them with a five-year plan to restructure the layout, fix bottlenecks, whatever they need.

“The one thing all manufacturers have in common is that they continually need to improve their flow and become more efficient. We can help anybody do that, whether their factory is brand-new, very old, or somewhere in between.”

“There’s Something Happening Here”

In 2021, Merkur opened their new office in Downers Grove, Illinois. From here, the firm is a short drive from their client Lion Electric in Joliet, as well as hundreds of potential clients across the Northern Illinois region. Merkur is in the “sweet spot,” a place where they can continue serving a key legacy client while expanding their portfolio amid a growing market.

The firm sees a bright future for the region, and they plan to be a part of it. Between Chicagoland’s legacy as a manufacturing powerhouse and its ability to attract top talent, the region is a global manufacturing leader, and it’s already setting the stage for the industry’s future. 

Competition from other regions will be fierce, but part of Merkur’s role is to help local manufacturers adapt, upgrade and stay competitive at a global level. And that’s a good thing for Chicagoland. When Merkur helps local businesses function better and be more profitable, those businesses are more likely to continue bringing jobs and investment to the local community, while encouraging others to do the same.

For Merkur, one of the region’s most exciting aspects is its fast-growing EV sector. The firm saw how the industry transformed Quebec; now, they’re experiencing the beginning of a similar phenomenon in Northern Illinois.

“Every single customer that’s on rails or wheels is going electric, or at least talking about it. All of them,” Jonathan said.

“Seeing that Lion was moving to Illinois, along with Rivian and others, is exciting for us. We can feel there’s something happening here. We’ve been a part of it in Quebec, and now we’re part of it here in Chicagoland.”

Greater Chicagoland Economic Partnership Drives Regional Economic Development Collaboration

Greater Chicagoland Economic Partnership

DuPage County has joined together with Cook, Kane, Kendall, McHenry, Lake, and Will Counties and the City of Chicago in an innovative partnership to drive economic growth and advance equity across the region. The Greater Chicagoland Economic Partnership will focus on promoting the region’s assets – including extensive freight infrastructure, diverse talent, strong exporting industries, world-class research institutions, and culture to develop an identity that can compete on a global scale.

World Business Chicago manages the Partnership, and Greg Bedalov, President & CEO of Choose DuPage will serve as Chair of the Board of Directors.

“The Greater Chicagoland Economic Partnership is one of the largest advancements in our collective economic history,” said Greg Bedalov. “Thank you to the many private- and public-sector leaders that have long advocated in favor of regional collaboration. As President & CEO of Choose DuPage, I’ve always said that a strong region is what’s best for a strong DuPage. I look forward to the opportunities this partnership will bring to all our communities and will continue to share updates on our progress.”

The Greater Chicagoland Economic Partnership Statement of Collaboration

We acknowledge that our northeastern Illinois region — including Cook, DuPage, Kane, Kendall, Lake, McHenry, and Will counties as well as the city of Chicago — is interconnected and interdependent. We believe that the region can achieve more to strengthen jobs and capital investment by working together than any one community can on its own. We know that the region’s extensive assets offer significant opportunities to provide shared prosperity across different and diverse communities. And we recognize that joint action can ensure robust, equitable economic growth by building a globally competitive ecosystem that works for everyone, with world-class transportation infrastructure, economic sectors, talent, and innovation.

Wishing to enter a new era of regional cooperation, we join together to make the following commitments, with the goal of facilitating activities that better take advantage of our shared opportunities and complement our unique interests:

  • As a forum for local government leadership, we will engage corporate, civic, and institutional partners to leverage our combined strengths and implement approved joint plans for the benefit of the region.
  • We will enlist federal and state governments to play key roles as partners and funders of regional initiatives in coordination with existing agencies and activities.
  • We will improve our inter-jurisdictional and inter-agency communication to share all information as is necessary and prudent to create efficient and effective opportunities for collaboration.
  • We will develop methods and resources for deliberate action that advances the region, with an emphasis on the needs of marginalized communities and the potential to enhance our global economic competitiveness.
  • We will set the highest standards of professional conduct, trust, and integrity for ourselves, our staffs, and our partners to maximize regional benefits for public expenditures.
  • We will evaluate both the overall economic progress of the entire region as well as individual communities as we measure success.