www.greateroakbrookpartnership.com OAKBROOK TERRACE While residents once called it Utopia, the early economy of Oakbrook Terrace was rooted in agriculture until suburban growth after World War II. Soon, commercial centers developed along Roosevelt Road and 22nd Street, the two major east-west arteries. This led to the city’s population increasing in the 1970s and the development of new commercial areas. During the 1980s, DuPage County’s tallest office building, Oakbrook Terrace Tower was completed. Drury Lane, Redbox, the Chicago Automobile Trade Association and ComEd now all call Oakbrook Terrace their home. Today . . . Oakbrook Terrace provides the best setting anywhere to WORK, LIVE and PLAY. What’s more, Oakbrook Terrace offers a number of relocation and expansion initiatives, helping make such a relocation an even wiser decision. We look forward to meeting you as soon as possible to discuss these initiatives, and learn more about your company’s relocation interests and requirements. “Oakbrook Terrace maintains one of the Chicago area’s lowest overall tax rates, and is centrally located to help you leverage every geographic advantage. Oakbrook Terrace’s proximity to major expressways and airports facilitates employee recruitment from multiple suburban markets. Tony Ragucci Mayor Moreover, our city understands that relocating and expanding companies face challenges, so we offer a range of potential financial incentives to help reduce operational costs over the term of a new lease.” Oakbrook Terrace Elected Officials and Key Staff Paul Esposito Bob Przychodni Michael Sarallo AldermanAldermanAlderman Michael Shadley Tom Thomas Frank Vlach Alderman AldermanAlderman 2 John Carpino City Manager Mihaela Dragan Zoning Administrator GREAT ER OAK B RO O K ECO NO MI C D EVEL O P M E N T PA RT N E R S H I P PUBLIC City of Oakbrook Terrace Government The City of Oakbrook Terrace, through its elected officials and staff, works to build prosperity and opportunity for its corporate residents. With comprehensive services, amenities and infrastructure, and superb access to airports and downtown Chicago, Oakbrook Terrace is ideal for a corporate location. Oakbrook Terrace’s Mayor Tony Ragucci and City of Oakbrook Terrace aldermen believe in nurturing a strong local business climate and, as such, work closely with businesses and residents to ensure that the community’s economy continues to grow. The mayor and alderman are ready to assist commercial residents and learn more about how to make the community as supportive as possible for businesses. If you have questions about Oakbrook Terrace’s community priorities, governance or overall administration, please contact John Carpino at 630-941-8300 or jcarpino@oakbrookterrace.net. If you would like information about building permits and inspections or have other planning or zoning questions or requests, please contact Mihaela Dragan at 630-941-8300 or mdragan@ oakbrookterrace.net. For more information about the City of Oakbrook Terrace, go to www.oakbrookterrace.net. P R I VAT E PA R T N E R S H I P The Greater Oak Brook Economic Development Partnership The Greater Oak Brook Economic Development Partnership recognizes that businesses and government must work together to sustain and grow a robust local economy. As such, the City of Oakbrook Terrace and the Greater Oak Brook Chamber of Commerce each play important roles in strengthening commerce in Oakbrook Terrace. The City of Oakbrook Terrace has created a positive, business-friendly environment in which companies can thrive. It has established planning and zoning ordinances that help businesses as they develop properties or move into office or retail locations. The Greater Oak Brook Chamber of Commerce has helped build a synergy between businesses in Oakbrook Terrace that allows them to work together toward common economic goals. These corporations work side by side to provide the resources, expertise and other support needed to attract businesses to Oakbrook Terrace — and make this a place where companies want to stay. How the Partnership Works Since 2006, the Partnership has worked with hundreds of existing and relocating companies to build bridges between each company’s operational and financial goals and our community’s infrastructure and economic support. The companies with which we work range from large corporations, hotels and retail stores to small and mid-sized businesses – and a variety of companies in between. Partnership staff work with site selectors and their clients to inform them about the community’s business advantages, services, incentives and amenities — and to introduce them and their clients to key municipal and business leaders. Based on the corporate client’s interests and needs, Partnership staff may also arrange for the client to meet with Village of Oakbrook Terrace staff to discuss planning or zoning requirements. In addition, Partnership staff may arrange for site selectors and clients to meet with Oakbrook Terrace’s Rapid Response Team, which is comprised of the City Manager, Aldermen and staff, fire chief, police chief, Oakbrook Terrace Park District staff, PACE Suburban Bus representatives, the head of the Oakbrook Terrace hotel committee, the heads of the Oakbrook Terrace hospitality and retail council, and Oakbrook Terrace’s corporate leaders. During these meetings, Rapid Response Team members offer testimonials about Oakbrook Terrace’s many business benefits. The team also learns about and works to address and support the company’s critical needs and preferences for relocation or expansion. The Partnership provides customized assistance to meet each company’s specific needs and core values, and to provide practical, but innovative strategies to achieve the company’s long-term residency here. Knowledgeable and experienced staff and volunteers bring with them the expertise and insights gained from their own experience as corporate leaders, business owners and managers. W W W.GREAT EROAKBRO O KPA RTNER S H I P.CO M For assistance, please contact: Valentina Tomov Director of Economic Development Greater Oak Brook Economic Development Partnership 619 Enterprise Drive, Suite 100 Oak Brook, Illinois 60523 773-633-3484 vtomov@greateroakbrookpartnership.com 3 OAKBROOK TERRACE OFFERS... “We analyzed many options across the broader region, and ultimately, the opportunity to be in the midst of such a strong and truly supportive community became a major factor in our decision to locate in Oakbrook Terrace.” Matt Gray, President Graycor, Inc. SOME OF THE LARGEST COMPANIES IN OAKBROOK TERRACE ARE: n BCS Financial (financial services) n Chicago Automobile Trade Association (trade association) n Comcast (telecommunications) n Commonwealth Edison (utilities) n Crowe Horwath (accounting) n Ferrara Pan Candy Company n Graycor (construction) n Hilton Hotels (hospitality) n Joint Commission (health care accreditation) n Redbox Corporation (video rental) DISTANCE TO MAJOR CITIES AND MARKETS DOWNTOWN CHICAGO 15 MILES ROCKFORD 80 MILES BUSINESS ADVANTAGES Low Taxes Oakbrook Terrace is ranked number nine in DuPage County for having one of the lowest commercial and residential property tax rates at .24%. Oakbrook Terrace’s sales tax is also among the lowest in the Chicago region at 8.25%, compared to 9.75% in Rosemont and Chicago. Workforce Companies based in Oakbrook Terrace have a competitive labor advantage over companies in other communities. The area’s exceptionally large labor pool includes a wide range of qualified workers from experienced service personnel to knowledgeable technical and professional employees. Oakbrook Terrace employers, as a result, enjoy wage savings, lower operational costs and better access to skilled workers than their counterparts in Chicago and throughout the region. Employers Oakbrook Terrace is located in one of the most prestigious business centers in the Chicagoland region, with approximately 2,000 professional companies located within a five-mile radius. Some of the largest corporations in the world are headquartered here. Access and Transportation When you consider Oakbrook Terrace’s proximity to international airports and other transportation amenities, every one of the city’s companies, hotels, restaurants and retail stores are really just a hop, skip and a jump from destinations around the world. With nearby O’Hare International Airport, Midway Airport, four main expressways, ready rail service, easy local public transportation, and quick shuttles and taxi service, business clients and visitors have ideal access to and from Oakbrook Terrace. The Greater Oak Brook Economic Development Partnership works closely with Pace Suburban Bus, in particular, to arrange local transportation orientation sessions for the employees of companies relocating to Oakbrook Terrace. The Partnership also works with Pace to create customized transit options for new employees. MILWAUKEE 90 MILES SOUTH BEND 109 MILES CHAMPAIGN-URBANA 133 MILES MADISON 145 MILES Infrastructure and Technology SPRINGFIELD 189 MILES INDIANAPOLIS 191 MILES IOWA CITY 205 MILES ANN ARBOR 255 MILES ST. LOUIS 286 MILES DETROIT 295 MILES CINCINNATI 302 MILES DES MOINES 316 MILES Oakbrook Terrace offers state-of-the-art technology for relocating and expanding businesses. Relocating companies benefit from the latest fiber optic technology through Comcast. New business customers are eligible for special relocation packages for Internet and other technology services. The Greater Oak Brook Economic Development Partnership also works closely with ComEd and other utility providers to ensure the best utility rates and support for new companies. CLEVELAND 360 MILES MINNEAPOLIS-ST. PAUL 406 MILES 4 GR E AT E R OA K B RO O K E C O N O M I C D E V E L O P M E N T PART N ERSH I P RETAIL OPPORTUNITIES Oakbrook Terrace offers a uniquely positive business climate that attracts people from all over the world. Each day over 90,000 business clients and visitors arrive in Oakbrook Terrace, not just to work in this bustling, professional corporate center, but to enjoy first class shopping, luxurious dining, hotels, and the best in golf and other recreational activities. Oakbrook Terrace Square Shopping Center Oakbrook Terrace Square is a new development, which provides a village setting, complete with beautifully landscaped pedestrian walkways that include attractive plantings and seating areas to encourage outdoor gathering while shopping. All infrastructure has been completed and the remaining 40,000 square feet to be built will begin construction in late 2013. The new center already features brand new 58,000-square-foot grocer, Pete’s Fresh Market, plus an additional 83,000 square feet of new shopping, dining and services tenants that include Hokkaido Steakhouse and Lounge, Supremeville, Qdoba Mexican Grill, Caribou Coffee, Subway, BMO Bank, Felipe Salon and Day Spa, Premier Tax Services, Super Cuts, Luxury Nails, JPA Pappa’s Account Group, Payday Loans, RJ Jewelry and Insurance Plus. The entrance boulevards and parking areas have also been transformed to better accommodate higher traffic loads. Oakbrook Terrace Square offers excellent positioning directly on the busy Roosevelt Road, as well as signage visibility and a dramatic sense of arrival. For more information, please contact Tim Hague of Keystone Ventures, 708-366-0550. JRC Plaza JRC Plaza is three separate, but contiguous one story retail strip shopping centers on the North side of 22nd Street between Route 83 and Summit. JRC Plaza East is 37,814 square feet featuring tenants such as For Eyes, Which Wich, Fiore Cupcake Boutique, Red Mango, Men’s Wearhouse, Devon Steakhouse and Verizon. JRC Plaza West is 26,000 square feet featuring Fox’s Designer Clothing, New Balance, Subway, AT&T and AT&T Device Service Center, Dao Sushi and Thai and Kaehler Luggage. In the middle of both of the centers, is the new 8,700 square feet Tilted Kilt Pub & Eatery. For more information, please contact Debra Hodges, JRC Plaza at 630-954-7084. SERVICES & INCENTIVES The City of Oakbrook Terrace offers a range of services and incentives to encourage business relocation here. Partnership staff are also available to assist with the application process, provide information about federal, state and regional government incentives for which a company may be eligible, and to arrange for companies to meet with the government officials and staff who determine eligibility and approve requests. Discounted Fitness Club Memberships for Employees The Oakbrook Terrace Park District will provide relocating and expanding companies discounted employee membership packages. Through these memberships, employees have access to the fully-equipped and modern Park District, which includes a park and jogging path, fitness center, aerobics classes,dance studios and weight training rooms. Welcome Packets with Gifts for Employees Upon relocation, the Greater Oak Brook Economic Development Partnership will provide the employees of each relocating or expanding company welcome packets with a variety of gifts such as $100 worth of fine dining gift cards that may be used at Oakbrook Terrace’s finest restaurants. For detailed information about Oakbrook Terrace’s available office and retail properties, please go to www.greateroakbrookpartnership.com. W W W.GREAT EROAKBRO O KPA RTNER S H I P.CO M 5 AMENITIES HOTELS Oakbrook Terrace’s hotels offer ideal venues for meetings and conventions and provide professional accommodations for corporate guests, including extended stay guests. n Hilton Garden Inn n n Comfort Suites Complimentary breakfast Evening beverages n Indoor pool & sauna n Exercise & weight room n Conference rooms for 10-35 people 17 W. 445 Roosevelt Rd. Oakbrook Terrace, IL 60181 Phone: 800-228-5150 630-916-1000 Fax: 630-916-1068 Courtyard by Marriott Spacious guest rooms Indoor pool & whirlpool n Exercise room n Restaurant n Valet & guest laundry facility n n 6 Trans Am Plaza Drive Oakbrook Terrace, IL 60181 Phone: 800-321-2211 630-691-1500 Fax: 630-691-1518 Hilton Chicago/Oak Brook 211 spacious and luxurious suites, some of the largest in DuPage County n Atrium Restaurant and Lounge, serving the Hilton Breakfast, lunch and dinner in the center of a lush 10-story atrium n Hilton Fitness by Precor Fitness Center adjacent to indoor heated pool and whirlpool n 128 spacious and newly remodeled guest rooms n 1,620 square feet of newly remodeled meeting and banquet rooms n Great American Grill®, serving full cooked-to-order breakfast n 24-hour Pavilion Pantry®, offering snacks, treats beverages, frozen foods and sundries with ATM n Hilton Fitness by Precor® Fitness Center adjacent to indoor heated pool and whirlpool 1000 Drury Lane Oakbrook Terrace, IL 60181 Phone: 877-HILTONS 630-941-1177 Fax: 630-941-1188 Holiday Inn Chicago Recreational facilities include a complete fitness center, indoor heated pool with spa, and separate library for your reading pleasure n Bar Louie is renowned for its famous luncheon pasta bar. n 17 W 350 22nd St. Oakbrook Terrace, IL 60181 Phone: 800-465-4329 630-833-3600 Fax: 630-833-7037 La Quinta Inn Complimentary continental breakfast n Fine and casual dining within walking distance n Exercise Room n Newly remodeled n Outdoor pool n 1 S.666 Midwest Rd. Oakbrook Terrace, IL 60181 Phone: 800-531-5900 630-495-4600 Fax: 630-495-2558 Staybridge Suites Chicago/ Oakbrook Terrace Studio, one bedroom and two bedroom suites n Separate living and work area and fully equipped kitchen n Complimentary expanded continental breakfast n Complimentary sundowner socials n Free self-serve laundry/fitness center n 200 Royce Blvd Oakbrook Terrace, IL 60181 Phone: 800-238-8000 630-953-9393 Fax: 630-953-9696 10 Drury Lane Oakbrook Terrace, IL 60181 Phone: 800-HILTONS 630-941-0100 Fax: 630-941-0299 6 GR E AT E R OA K B RO O K E C O N O M I C D E V E L O P M E N T PART N ERSH I P AMENITIES DINING Oakbrook Terrace also offers superb dining at more than fifty local restaurants. Just a few of these are Ditka’s, Redstone Grill, Drury Lane Restaurant, Volare and the DuPage Club. FINE DINING DONUTS & BAGELS SANDWICHES DAO Sushi and Thai Devon Seafood + Grill Ditka’s Drury Lane Restaurant DuPage Club Hilton Restaurant Redstone Grill Volare Dunkin Donuts / Baskin Robbins Einstein Bros. Bagels Fiore Cupcake Boutique Corporate Deli (1 MidAmerica Plaza) Club Deli (Corporate Center) Inky’s Jimmy John’s Quizno’s Classic Subs Subway Which-Wich CASUAL DINING Anyways Chicago Bar & Grill Café 1815 Café’ Torelli Cattails China Terrace Cosi Courtyard by Marriott Denny’s Restaurant Food For Thought Tower Café McDonald’s (two locations) Moogie’s Panera Bread Plaza Café Pappa’s Deli Pulp Kitchen Ravioli Oli Sbarro Terrace Café Tilted Kilt PIZZA/ITALIAN Giordano’s of Oakbrook Terrace Gulliver’s Pizza & Pub FAST FOOD Burger King Chipotle East-N-West Jamba Juice Noodles & Co. Red Mango Wendy’s W W W.GREAT EROAKBRO O KPA RTNER S H I P.CO M 7 The Greater Oak Brook Economic Development Partnership provides the following services. n Descriptions of available commercial buildings, including office and retail space n Tours of available sites, personally conducted by our team and/or designated broker n Access to financial incentives offered by local, county, state and federal government n Demographics and labor market information, including information about workforce recruitment and training n Rates for utilities and transportation services n Information about housing and associated costs n Introductions to local, county, state and federal government leaders Oakbrook Terrace Rapid Response Team. Back row (left to right): Matt Miller, Mesirow Financial, Oakbrook Terrace; Oakbrook Terrace City Manager John Carpino; Police Chief Mark Collins, City of Oakbrook Terrace; Brian Rady, Redbox, Oakbrook Terrace; Fire Chief Gregory Sbesta, City of Oakbrook Terrace; Mayor Tony Ragucci, City of Oakbrook Terrace Front row (left to right): Annette Broas, Redstone Grill, Oakbrook Terrace; Mihaela Dragan, Building & Zoning Administrator, City of Oakbrook Terrace; Jessica Rice, Ditka’s, Oakbrook Terrace; Paul Grande, Hiltons of Oakbrook, Oakbrook Terrace Greater Oak Brook Economic Development Partnership Council Council Chairman John Hrudicka Elkay Manufacturing Corporate Representatives Chairman, Greater Oak Brook Chamber of Commerce Cathy Bushman Tiffany & Co. Oakbrook Terrace Government Representatives Holly Estler Oaks Improvements, LLC Samir Lakhany Staybridge Suites Brian Rady Redbox Automated Retail, LLC Richard Fleming Oakbrook Center Jeff Mann CB Richard Ellis Marc Rohde Legat Architects Krystal Glispie Hyatt Lodge at McDonald’s Karl Maurer Merrill Lynch John Ropski Printing Arts Oak Brook Alderman Paul Esposito Paul Grande Hiltons of Oakbrook Tom Midura Graycor Construction Company, Inc. Christine Rybicki Advocate Health Care Alderman Michael Shadley Matthew Grubb JMG Financial Group, Ltd. Brian Baer Dominick’s Corporation Paul Guagenti Republic Bank SuzanneBeres Oakbrook Center Dan Hemmer CenterPoint Properties John Calfa JRC Investments, LLC Dennis Hiffman NAI Hiffman Norm Canfield Hyatt Lodge at McDonald’s Gregg Horan Gibsons Bar & Steakhouse Mike Cloud Peters & Associates Tim Hutchinson Inland Real Estate Group Michael Donnantuono Blistex Dan Inendino Evergreen Bank Group Lynn Dragisic The Joint Commission Reggie Karas Millennium Trust Company, LLC Jeremiah Drummond Residence Inn by Marriott Pat Kiefer NAI Hiffman Brian Edgerton NAI Hiffman Bob Knott SWC Technologies Joe Endress McDonald’s Corporation Jeff Krusinski Krusinski Construction Matthew Miller Mesirow Financial Michael Millhouse BridgePoint Technologies Zach Monat Great Lakes Dredge & Dock Company, LLC Matt Mulvihill Reel Club John Nelson Hanson Professional Services Inc. Rick Nelson Irgens John O’Halloran Commonwealth Edison Daniel O’Neill NAI Hiffman Robert Oldenburg Irgens Eileen Sachanda Northern Trust Company Martin Schooley Marriott Oak Brook Hotel Mayor Tony Ragucci Alderman Michael Sarallo Alderman Tom Thomas Alderman Frank Vlach Jeff Shay Jones Lang LaSalle Rahul Sehgal Inland Private Capital Corporation Charles Ungaro Ace Hardware Corporation Mike Van Zandt NAI Hiffman Maxine Vazquez Devon Seafood Grill + Steak Dan Wagner Inland Real Estate Group Michael Zawaski Radiological Society of North America Laura Quayle Arden Realty, Inc. WE WANT YOU HERE! 619 Enterprise Drive, Suite 100 Oak Brook­, Illinois 60523 www.greateroakbrookpartnership.com Greater Oak Brook Economic Development Partnership Valentina Tomov Director of Economic Development 773-633-3484 vtomov@greateroakbrookpartnership.com