Top 5 Reasons to Locate in the Rockford Region
There are many reasons to select the Rockford Region for a business expansion or relocation project. In this edition of the Rising Star we have selected five out of the many reasons to choose our area.
- A highly skilled workforce
The Rockford Region has a dedicated workforce of 176,700 in its immediate labor-shed with twice the national average of manufacturing employment. - The region’s wide range of industry clusters
The area is considered an excellent location for aerospace, logistics & distribution, healthcare, advanced manufacturing, automotive, and more. - Competitive utility costs and a modern infrastructure
Offering the 3rd lowest industrial electrical rates in the mid-west and 40G capacity for broadband service the region provides low cost and highly reliable utilities to businesses and consumers. - Low cost of living (18% less than the national average) with a high quality of life
The region is home to world-class attractions and activities; which can be accessed without the congestion and hassle associated with major metropolitan areas. - Great logistics
Located 60-90 minutes from Chicago, Milwaukee, and Madison, a facility in the Rockford Region can easily serve millions of residents and hundreds of thousands of businesses. Drivers can reach 75% of the US within a 24 hour window.
In the News
Welcoming Kaela Gardner to the Business Attraction Team
As Business Attraction Coordinator for the Rockford Area Economic Development Council, Kaela Gardner manages project communications and client assistance activities related to domestic and international business attraction efforts.
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No Hesitation: Investment in Rockford Region made strategic sense for global aerospace leader
Ninety miles northwest of Chicago lies the City of Rockford, the hub of a region of opportunity now building on its legacy of expertise to position itself as a world leader in innovative aerospace technology and leading-edge precision manufacturing.
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Q&A with Fehr Graham Principal Mick Gronewold
Mick Gronewold, principal at Fehr Graham, is a problem-solver. From the beginning of his career as a design engineer to project managing and overseeing business and employee development at Fehr Graham, Gronewold gets a thrill from seeing his work come to life.
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Construction in the I-39 Corridor holding up strong with smooth roads ahead for incoming activity
Activity in the I-39 Corridor isn’t shifting gears anytime soon. It’s safe to say that it remains a strong hub for intermodal and transportation infrastructure. The corridor is also known for exporting large volume agricultural, unprocessed and processed food products, much of which gets shipped through the nearby Union Pacific Global III Intermodal Facility, according to a recent I-39 fourth quarter 2015 report by JLL.
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AAR One Step Closer to Opening
The project was originally estimated to be completed at a cost of $41+ million; however, Chicago Rockford International Airport ended up coming out just over $1 million dollars under budget. The aircraft maintenance facility covers 200,000 SF, giving ample space to generate at least 500 new jobs. This new facility, designed by Larson & Darby, is located at the Chicago Rockford International Airport.
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Available Industrial Parks
Park 90
Address: NEC I-173 & I-90/I-39, Machesney Park, IL
Available SF: 30,000-1,000,000+
Zoning: Commercial/Industrial
Ceiling Height: 32′
Special Features: Newly created TIF district. Immediate tollway access. Fully signaled ingress/egress at highway 173. 220 total acres. Shovel ready with water & sewage on site. Flexible land sites fro sale or build-to-suit.
For More Info: Shane Van Sickle – 815.639.0034
The Business Park at Spring Creek Lakes
Address: NE Quadrant of I-90 & Riverside (4600 Interstate Blvd), Loves Park, IL
Available SF: 30,000-1,000,000+
Zoning: Commercial/Industrial
Ceiling Height: 32′
Special Features: Customized quick start new building solutions. Flexible lease terms. Construction delivery for tenant in 6-8 months. TIF district and Enterprise Zone. Shovel ready.
For More Info: Nathan Bryant CCIM – 815.637.1756
Rock 39
Address: Baxter Rd & I-39, Cherry Valley, IL
Available SF: 40,000-1,500,000+
Zoning: Industrial
Ceiling Height: 32′
Special Features: Sites from 10 to 120 acres. 15 year, 50% tax abatement.
For More Info: Steve Trapp – 773.458.1415
Global Trade Park
Address: Chicago Rockford International Airport, Rockford, IL
Zoning: Industrial
Special Features: TIF district and Enterprise Zone. Flexible land sites for sale or build-to-suit. Interstate adjacent industrial land in developing corridor. Next to an I-90/I-39 interchange Sites from 10 to 120 acres.
For More Info: Mark Williams, City of Rockford – 779.348.7449
Upcoming Events
AIRE Lunch, Learn & Lead
Tuesday, October 11, 2016
Please join us at the October AIRE Lunch, Learn, & Lead on October 11 from 11:30 am to 1:30 pm in Rosemont. The RAEDC will be sponsoring this event. Please click here if you are interested in attending.
Contact Business Attraction
For all your Business Attraction activities contact:
Information@RockforIL.com
815.987.8118
