Re:Rents in Megacities Can't Go Up Forever
by logfromblammo on Thursday March 23, 2017 @12:07PM
(#13941036)
Chicago is the "second city" in a lot of things. These are the top public companies in the city:
Aerospace/Defense: Boeing
Agribusiness/Foodservice: ADM, Mondelez, McDonald's, US Foods, Ingredion
Communications: Anixter, Motorola, TDS
Energy: Exelon
Finance: Discover, JLL
Healthcare: Walgreens, AbbVie, Abbott, Baxter, Baxalta
Industrial/Manufacturing/B2B: ITW, CDW, Navistar, Grainger, Univar, Tenneco, LKQ, Dover, Packaging Corp., Essendant
Insurance: State Farm, Allstate, Old Republic, AJG
Publishing: RR Donnelley
Retail: Sears
Transport: United
Apparently, Chicago excels in insurance, food, and manufacturing support.
If you intend to create technology for supporting businesses in those sectors, having a Chicago office would not be a bad idea. SV unicorns tend not to even want to solve problems like how to more efficiently route a single gigantic monolithic I-beam from the foundry to a building site without destroying buildings, bridges, and roads along the way. It isn't sexy, and doesn't attract money or eager and idealistic employees.
If you intend to create technology for supporting businesses in those sectors, having a Chicago office would not be a bad idea. SV unicorns tend not to even want to solve problems like how to more efficiently route a single gigantic monolithic I-beam from the foundry to a building site without destroying buildings, bridges, and roads along the way. It isn't sexy, and doesn't attract money or eager and idealistic employees.