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- Research Report Executive Summary
- Green is the New Granite
Joe McElroy wrote this article for Planning, a trade publication for urban planning. - 7.2.2009
Bridgeport Going Green - 4.22.2009
Mortgage Experts to Share Insights at Seminars - 3.12.2009
The World's First Recession-Proof Homes - 1.22.2009
Green Homes Priced Right - 10.27.2008
An Interview with Choose DuPage CEO Roger Hopkins - 10.21.2008
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| An Interview with Choose DuPage CEO Roger Hopkins |
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Why hasn’t there been an
economic development group in DuPage before?
In the past, the county
sold itself. Many developers and communities created the necessary office
parks, industrial parks, and research facilities on their own. But the climate
has changed. The county is almost built out and has some obsolete buildings and
obsolete environments. Our economic development policy will be to strategically select the right employers
that will match up with our current workforce resources, infrastructure
capabilities, and housing.
What is unique about the
DuPage business environment?
The DuPage business
environment is unique because of the high quality, highly educated
workforce. The infrastructure that exists
here to support the business environment is also superior. Examples are ample
fiber optics for telecommunications and two airports that service nearly every
international and domestic destination.
We also have an outstanding variety of office and industrial options for
companies that want to relocate into DuPage. They can recruit a workforce here
that is well equipped to manufacture or service products and engineer concepts
into reality. Because businesses here
are supported by local governments that realize the value of business and are
willing to partner, and because of low local and state taxes, all of this comes
at a very low cost.
How has
Which DuPage business
sectors are doing well and which are not?
The ones that are having
problems right now are in financial services – especially those that have had
to deal with the mortgage market. Another area of concern is the capital goods
sector. Businesses that are still going strong are in food processing. The
companies in consumer products, the companies that are in the health care
business – they are doing fairly well and growing. Other thriving businesses are in emerging
technologies or in established high-end technology.
What kinds of businesses do
you want to attract and why?
The top priority is
domestic and international headquarters operations. They generate the highest
wages. We’ve got the resources here to
staff those companies. We have well-educated business executives that represent
a diversity of occupations. We also have the educational resources in the
region – whether they are big business schools in the metro area or satellite
MBA programs and engineering and technology schools. We also want to attract
information technology and engineering-oriented companies. They historically have some of the highest
wages. Then we want to attract companies
in the financial services area. We believe we have a good base of high
technology manufacturing capabilities for a variety of sectors – whether it’s
metal fabricating, transportation equipment, or building technology. We also have strong machinery-making
capabilities. Food processing and the logistics industry have always been
strong here for a number of reasons including our central North American
location.
What does DuPage have to
offer as far as quality of life?
Is there a “green” component
to Choose DuPage’s strategy?
An environmental consciousness
has to be part of our responsibility. The business community recognizes that in
order to recruit employees, it has to demonstrate environmental stewardship.
You could call this a trend, but I prefer to think of it as the way we will all
do business from now on - DuPage has always been a green community and we plan
to keep it that way.
What is not attractive about
the DuPage business climate right now?
The least attractive thing
about DuPage is rush hour congestion; although I think
What has Choose DuPage
accomplished so far?
So far, Choose DuPage has
made a careful assessment of the county’s economy in order to better identify
our strengths and weaknesses and what our primary initial target market should
be. We are marketing the county by supporting existing economic development
efforts. That means working with local community development resources,
educators, and county officials and then helping them operate more effectively
with private developers, and office and industrial companies. We are also
creating a brand/identity awareness for the
What are your goals for the
next year?
We want to create jobs and
attract companies. We want to stem the
outflow and loss of manufacturing jobs from the county. We are losing 2 percent to 4 percent of our
manufacturing jobs each year. Some are
going overseas and some are being lost because of productivity gains that are
occurring in the manufacturing sector generally. We plan to work creatively
with struggling companies to keep them in DuPage. We will also work to reduce
vacant office and industrial properties. In the next year, we will help
existing employers identify, recruit, and retain local residents in a variety
of higher income jobs.
What does success look like
in 10 years?
In 10 years, with out help,
some of the older areas of the county will become success stories as they
transition from older small industrial building bases; to homes for those
companies who can still operate successfully, newer corporate headquarters,
engineering companies, and research companies. We want to create new
transportation options that allow people to get to work more easily, and we
want to sustain a 2 percent to 4 percent rate of growth as opposed to seeing a
decline in any of our communities. In addition to maintaining a stable tax base
and relatively low unemployment, we also want to have the highest household
income of any county in the
Why are you the best person
to head Choose DuPage?
Most important is my
fundamental belief that you have to create a relationship with your
constituency. I want to foster relationships that create the kind of business
environment that will be successful in the future. I’ve had experience marketing
the
How is Choose DuPage
different from DuPage Biz?
Choose DuPage will be more
of a public-private partnership with public sector leadership. DuPage Biz was
the formative stage of a non-profit economic development organization. Choose DuPage evolves that concept into an
operating organization. While we will still focus on maintaining the county’s
industrial base – trying to attract and grow industrial and office companies -
we will be getting more involved in government and business issues such as
retail development, workforce development, and some elements of residential
development. The workforce is a major
issue for many companies in DuPage. How do you find affordable housing for your
employees in a location that is close to their jobs? Or if you can’t find close
affordable housing, how to do structure transportation options for them? We
also want to increase the wealth of the county – not simply bring in new
employers and jobs just for the sake of adding new companies and new jobs.
Rather we want to bring in companies that provide long-term financial benefits.
Our ultimate goal is a very vibrant business environment. |
