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Chicago checking in. We've had a number of corporations move their HQ to downtown and it's done nothing for the job market. Boeing has been here 15 years now.
by joezydeco 11y ago
Chicago checking in. We've had a number of corporations move their HQ to downtown and it's done nothing for the job market.
Boeing has been here 15 years now.
- progressive_dad 11y agoWell have I got some sweet news for you then: http://www.chicagobusiness.com/article/20160111/BLOGS02/160119985/chicago-snares-another-corporate-hq http://www.chicagobusiness.com/article/20160111/BLOGS02/1601...
- joezydeco 11y agoI wonder if they'll close and sell off the Barrington property. That alone will probably pay for the buildout of the downtown offices.
- HillRat 11y agoMy take is that corporate HQs are the equivalent of a major league sports team (though orders of magnitude better for the economy than another stadium). You get a relatively small number of employees and some prestige, but not a lot of secondary industry compared to what production facilities generate -- or used to, anyway. Economic development's a tough game these days; the rules have changed and no one's really sure what the new ones are.