No Risk, No Economic Impact

No Risk, No Economic Impact

We’re in conversations right now with some cities struggling to determine whether or not investments in the innovation economy are too risky, or if the change in patterned behavior will be too disruptive. Some cities struggle with competing political interests. While these cities debate and postpone commitment, other cities are eating their lunch, investing big in innovation because they know the ROI will be exponential. Chicago is the latest city to get on the innovation bus. A new $500M public-private investment will (conservatively) create 48,000 “new economy” jobs over the next decade, 27,000 support jobs and help 23,000 people get better jobs. Kudos to Gov. Pritzker, DPI and others for taking the hard, risky leap into the future. Chicago will put itself on the map again because of investments like these while others languish and get left behind.

https://www.chicagobusiness.com/greg-hinz-politics/once-generation-south-loop-project-gets-boost-pritzker-500m-funding-move