Learn a bit about the history of tech in Chicago, and see how the sector’s growth is impacting local employment, office markets, government programs and more. Visit http://bit.ly/chi-tech to download the report and learn more about the tech industry's impact on Chicago economy and office demand.

2. MIGRATION FROM CHICAGOMIGRATION FROM CHICAGO
THIS ERA WAS TYPIFIED BY BRIGHTYOUNG TECH ENTREPRENEURS LIKE
NETSCAPE CO-FOUNDER MARC ANDREESEN, PAYPAL FOUNDER MAX
LEVCHIN AND YOUTUBE CREATOR STEVE CHEN DECAMPING CHICAGO
FOR THE WEST COAST.
“I COULDN'T FIND FUNDING.
PEOPLE DIDN'T UNDERSTAND IT.
THERE WAS NO MONEY …
NO ECOSYSTEM HERE FOR
ENTREPRENEURS.
”MAX LEVCHIN EXPLAINED IN A RECENT INTERVIEW
IN CRAIN’S CHICAGO BUSINESS
THENTHEN

3. TECH SPARK IN CHICAGOTECH SPARK IN CHICAGO
OVER THE PAST 5 YEARS,A NUMBER OF FACTORS HAVE COALESCED
TO CREATE A TRUE TECH ECOSYSTEM HERE IN CHICAGO …
FUNDING FOR STARTUPS
+50% SINCE 2013
2013
BILLION
$1.06
BILLION
$1.59
2014
MAYOR RAHM EMANUEL J.B. PRITZKER
CHICAGO’S BUSINESS COMMUNITY HAS
PROVIDED DIRECT SUPPORTTO THE
STARTUP COMMUNITY
HIGHLY EDUCATED LABOR POOL
NOWNOW
VC
FUNDING
VC
FUNDING
WORLD-CLASS
UNIVERSITIES
WORLD-CLASS
UNIVERSITIES
PUBLIC-PRIVATE
PARTNERSHIPS
PUBLIC-PRIVATE
PARTNERSHIPS
CHICAGO HAS EXPERIENCED
30% GROWTH IN
TECH SECTOR
UNDER THE EMANUEL ADMINISTRATION
AND THE GOAL IS TO DOUBLE ITS SIZE
BY ADDING 40,000 JOBS BY 2025

4. AN UNDER-THE-RADAR TECH CITYAN UNDER-THE-RADAR TECH CITY
YOU MIGHT NOT HAVE GUESSED IT, BUT CHICAGO HAD THE THIRD-HIGHEST GROWTH
RATE FOR TECH-SECTOR JOBS OF ANY MAJOR U.S. METRO MARKET IN 2013.
BAY AREA NEW YORK CHICAGO
#1#1 #2#2 #3#3
8.0%
TECH EMPLOYMENT
GROWTH
2013
8.6%
TECH EMPLOYMENT
GROWTH
2013
12.9%
TECH EMPLOYMENT
GROWTH
2013
MORE BANG FOR YOUR BUCK!
TOP TALENT IN CHICAGO IS 1/3 OF THE PRICE
OF TOP TALENT IN SILICON VALLEY
TOP
TALENT
TOP
TALENT
COMPETITIVE
WAGES
COMPETITIVE
WAGESLOWER COST
OF LIVING
LOWER COST
OF LIVING
WHY CHICAGO?WHY CHICAGO?

5. DOZENS AND DOZENS OF LEADING TECH COMPANIES HAVE INCREASED STAFFING OR OPENED NEW
CHICAGO OUTPOSTS IN RECENTYEARS. MORE THAN 1.77 MILLION SQUARE FEET OF OFFICE LEASES
FOR TECH FIRMS WERE COMPLETED HERE IN 2014, UP FROM 1.28 MILLION SQUARE FEET IN 2013.
0.0%
2009 2010 2011 2012 2013 2014
2.8%
14.2%
23.8%
36.0%
25.7%
TECH SECTOR’S
PERCENTAGE SHARE
OF TOP 20 LEASES,
2009 - 2014
TECH SECTOR’S
PERCENTAGE SHARE
OF TOP 20 LEASES,
2009 - 2014
FUELING THE CHICAGO OFFICE MARKETFUELING THE CHICAGO OFFICE MARKET

6. WANTTO LEARN MORE?WANTTO LEARN MORE?
A COPY OF JLL’S NEW REPORT,
“TECH SECTOR DRIVING
CHICAGO’S ECONOMY
AND OFFICE DEMAND”
A COPY OF JLL’S NEW REPORT,
“TECH SECTOR DRIVING
CHICAGO’S ECONOMY
AND OFFICE DEMAND”
CLICK HERE TO DOWNLOAD