Chicago Metro Again Leads for Corporate Expansions, Relocations
For the eighth consecutive year, Site Selection magazine ranked Chicago “Top Metro” in the U.S. for corporate investment. In 2020, the region again saw more new and expanding corporate locations than any other metro area in the country, the ongoing pandemic notwithstanding.
Site Selection tracked 327 business expansions and relocations in the Chicago region, accounting for nearly $6 billion in investments. World Business Chicago said corporations making major commitments to the region cited Chicago’s diverse pipeline of talent, global connectivity and other core strengths.
“During the unprecedented challenges the country has confronted over the last year, Chicago has demonstrated that it is uniquely positioned to assist businesses,” said Michael Fassnacht, interim president & CEO, World Business Chicago. “Chicago’s number one ranking reflects both our supportive business community and our inclusive economic development model that will continue to serve as our city’s strong competitive advantage in the months and years ahead.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).