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CCAC Newsletter

February 10, 2023

Navigating Springfield

and the 103rd General Assembly

Virtual Panel Discussion

Tuesday, February 14, 2023, 12:00 to 12:45 pm

Join us for what promises to be a very insightful conversation between Illinois Manufacturers' Association President and CEO Mark Denzler, Capitol News Illinois reporter Hannah Meisel and Aileron Communications President Dave Lundy. Our esteemed panelists will provide insights on "Navigating Springfield and the 103rd General Assembly".

Some potential questions and topics for discussion:

- What legislative priorities are emerging in Springfield?

- What is the dynamic in state government as Illinois Governor J.B. Pritzker starts his second term in office and Illinois Senate President Don Harmon and Illinois Speaker of the House Emanuel "Chris" Welch enter their second General Assembly in top leadership?

- What kind of impact will IDCEO's new $40M grant opportunity have for megasites?

- What is the state of Illinois doing to attract and retain businesses in Illinois?

Our panelists will be ready to take your questions as well. CCAC Executive Director Mark Hopkins will be moderating the conversation.

Location:
Join us from the comfort of your computer or mobile device. Zoom Webinar link and confirmation will be sent after RSVPing through the link below.

RSVP for Navigating Springfield and the 103rd General Assembly

Navigating Washington, DC

and the 118th Congress

Virtual Panel Discussion

Tuesday, February 21, 2023, 12:00 to 12:45 pm

Join other CCAC members for the third installment in our February virtual program series and hear from experts in achieving significant results in Washington, DC and with the Congress. Panelists will include McGuireWoods SVP, State Gov. Relations, Greg Bales, United Airlines Managing Director, Congressional Affairs, Karen Kuhlman, and UPS VP Global Affairs, Dontai Smalls.

Some potential questions and topics for discussion:

- What's changed since the Republicans won the House of Representatives -- and what will get done?

- New initiatives that are being discussed.

- How will the "new" Washington affect Chicago, both positive and negative?

Our panelists will be ready to take your questions as well. CCAC Executive Director Mark Hopkins will be moderating the conversation.

Location:
Join us from the comfort of your computer or mobile device. Zoom Webinar link and confirmation will be sent after RSVPing through the link below.

RSVP for Navigating Washington, DC and the 118th Congress

January Member Meeting Recap:

2023 Ecomomic Outlook

with Carl Tannenbaum

CCAC Members gathered at the Jenner & Block conference center to hear a comprehensive economic forecast from Northern Trust Chief Economist Carl Tannenbaum.

Mr. Tannenbaum is often referred to as one of the most accurate economists in the country. One bright point: He predicted that it is very unlikely that the U.S. economy will go into recession in 2023. There were also in-depth analyses presented ranging from the costs of inbound transoceanic freight to employment statistics and trends.

Thank you very much to Carl Tannenbaum and our friends at Jenner & Block for hosting the breakfast meeting.

Pritzker Traubert Foundation

Chicago Prize Announced

Sankofa Wellness Village in West Garfield Park was awarded the $10 million Chicago Prize by the Pritzker Traubert Foundation. Representing a full 20% of the project's $50 million cost, the award will allow the development to bring much-needed services to the community.

Included in the mixed-use building will be:

- The Sankofa Village Wellness Center

- The MAAFA Center for Arts and Activism

- The K, a new facility to provide entrepreneurial support to help start and grow local businesses

- The Community Grocer Initiative

Congratulations to Sankofa Wellness Village!

Spotlight on Chicago Panel

at the University Club of Chicago

Chicago Deputy Mayor Samir Mayekar and World Business Chicago CEO Michael Fassnacht joined CCAC Executive Director Mark Hopkins for a lively "Spotlight on Chicago" conversation at the University Club of Chicago.

The filled-to-capacity room heard first hand from the City leaders who are instrumental in bringing new business and economic growth to Chicago. Some of the news uncovered that evening includes:

- Chicago experienced a significant business inflow in 2022 despite the departure of Caterpillar, Boeing and Citadel.

- NASCAR Chicago, the first-ever street race by NASCAR, will be a significant revenue booster not only to hotels, restaurants and local businesses, but also to the City and Chicago Park District.

- The LaSalle Reimagined project that provides incentives to convert existing office space to residential uses with significant affordable housing has generated several proposals from building owners and developers.

CCAC was well represented in the audience and members asked several important questions of the panelists.

High-Growth Industries in Chicagoland

Report Released by World Business Chicago

The Research Center at World Business Chicago released its latest Chicago Business Bulletin analyzing high-growth industries in Chicago.

This publication has garnered extensive interest by business leaders, policy makers, and the press. It is worth a read.

Click the image above to view the report.

2023 Membership Opportunities

Thank you once again for your membership in CCAC. Your participation ensures our ability to move forward on our plans and initiatives to improve Chicago and its central area for all Chicagoans.

In recent months, several members have brought new members to the organization and we're reaching out to you to consider doing the same. Please think about a friend or colleague at another firm who might be interested in the work of CCAC.

Our membership includes firms in architecture, design, planning, finance, law, development, construction, brokerage, evaluation, unions and many more segments. Please reach out to CCAC Executive Director Mark Hopkins if you have potential new members. He can be contacted at mhopkins@ccac.org.

www.ccac.org

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info@ccac.org

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