Chicago Named Top Metro for Relocation
For the 13th consecutive year, Chicagoland has been named the top U.S. metro area for corporate relocation and site selection by Site Selection Magazine. The ranking was fueled by projects that generated $1.7 billion in earnings and created over 19,000 jobs.
The latest ranking was driven by 223 "Pro-Chicagoland Decisions" in 2025, a 40% increase from the previous year. These decisions encompass companies expanding their existing footprint, relocating to the area, or establishing a new presence in the market. This activity is tracked by World Business Chicago, the city's public-private economic development agency. Manufacturing remains a dominant sector, accounting for 38% of all projects and creating over 2,800 new jobs. A notable example is the Freedman Seating Company, a nearly 100-year-old Chicago-based manufacturer of transportation seating, which is investing $4 million to upgrade its facility, creating 50 new full-time jobs and retaining 676 positions. The technology and entertainment sectors are also seeing significant investment. Global IT services firm Hexaware Technologies recently opened a new delivery center in Chicago with plans to hire 250 employees over the next five years. Additionally, Universal Destinations & Experiences is developing "Universal Horror Unleashed," a year-round immersive horror attraction expected to create over 400 permanent jobs and generate more than $1 billion in economic impact. This long-standing success is bolstered by a collaborative regional approach. The Greater Chicagoland Economic Partnership, a collaboration between the city and seven surrounding counties, plays a key role in promoting the region's diverse talent, extensive infrastructure, and strong export industries on a global scale. Looking ahead, the city and its partners are focused on long-term growth through initiatives like "Chicago 2050," a comprehensive economic strategy developed by World Business Chicago. This plan, the first in over a decade, aims to leverage the region's strengths for sustained and inclusive economic development. Mayor Brandon Johnson's "Build Better Together" initiative complements this long-term vision with a focus on strategic investments in neighborhoods and removing barriers to business growth. The initiative aims to build on the momentum of recent corporate commitments and foster a more attractive environment for both residents and businesses. While the region has seen some high-profile corporate departures, the consistent top ranking for new and expanded facilities suggests a strong net positive in business investment. Factors such as a diversified economy, where no single industry accounts for more than 13% of employment, contribute to this resilience. The foundation of Chicago's appeal can be traced back to its historical roots as a transportation and industrial hub. Today, this legacy is combined with a focus on innovation in high-growth sectors like quantum technology and clean energy to attract and retain businesses.