Research & Reports
Arts in the Loop Economic Impact Study
As part of CLA’s efforts to promote economic development and provide services that benefit businesses, individuals and stakeholders within the Loop, CLA seeks to help its members gain a deeper understanding of the impact the large collection of arts and cultural assets in the area have on the Loop economy.
Springboard Pedestrian and Vehicular Counts
Coming soon to State Street! Springboard provides critical real-time information on pedestrian and vehicular activity to highlight the value of State Street investments to retail brokers, building owners and store managers.
Transforming Wabash: Layers of Transformation
Chicago Loop Alliance's Transforming Wabash Report offers a series of short- and long-term projects to promote and strengthen the historic Wabash Avenue district downtown. The Report is the result of a yearlong series of planning charrettes involving over 100 of Chicago’s business, civic and cultural leaders with a stake in revitalizing Wabash Avenue and making the district more economically competitive.
Higher Education in the Loop and South Loop (2014 Study)
Chicago Loop Alliance released Higher Education in the Loop and South Loop to present and analyze data describing the economic and social impact of the twenty-two higher education institutions located in the Loop and South Loop areas of the City of Chicago. CLA began studying higher education in the Loop in 2003, and the new data should be read as an update to CLA’s 2004 and 2009 higher education reports (below). CLA’s 2014 study dovetails the findings of the America’s Urban Campus® research.
Resource Guide 2014: Crucial information on food, shelter and help for those in immediate need
Chicago Loop Alliance and the Chicago Help Initiative have compiled and released a comprehensive Resource Guide with information on food, healthcare, shelter and job resources for those in critical need in Chicago’s central business district. In collaboration with The Magnificent Mile Charitable Foundation, copies of the guide have been offered to the full membership of both downtown advocacy organizations, along with area stakeholders, business owners and area social service agencies.
2013 State of the Chicago Loop: An Economic Profile
Chicago Loop Alliance commissioned State of the Chicago Loop: An Economic Profile to provide data about how downtown investment, businesses, employees and residents contribute to Chicago’s economic output. The report, which is an update to the 2011 Loop Economic Study and Impact Report, indicates that downtown Chicago is a vital resource in providing jobs, tax revenue and a residential base that benefit the city and region as a whole.
The Economic Profile was conducted by Chicago-based Goodman Williams Group Real Estate Research. It can be used to attract investment and create future growth and opportunities in the Chicago Loop in order to support generations of significant impacts.
2013 Strategic Action Plan
The Strategic Action Plan provides focus and direction for CLA activities over the next five years. It articulates the organization’s core values and competencies, and presents a detailed series of strategic objectives, plus corresponding projects and programs for realizing those objectives. This plan describes measurable indicators and targets to manage CLA performance in the coming years. It also recommends organizational changes that will improve CLA operations and support plan implementation.
The overall charge of CLA staff, Board and committees is to realize the goals, objectives and actions for each program area as outlined in this plan.
2011 Loop Economic Study & Impact Report
Updated and released in 2011, the Loop Economic Study and Impact Report was commissioned by Chicago Loop Alliance and conducted by Chicago-based Goodman Williams Group Real Estate Research. The Report is an update to a version first completed in 2006, and is a comprehensive source for economic sectors that impact the vibrancy of the Loop, including tourism, hospitality, business, employment, office, residential, higher education, arts and culture, restaurants, retail and transportation.
Higher Education in the Loop and South Loop (2009 Study)
Prepared in 2009, the Higher Education in the Loop and South Loop study examines the impact of over twenty-four higher education institutions in Chicago’s Loop and South Loop, updating the findings of a 2004 study (below). The study was conducted by a workgroup of Loop/South Loop institutions, convened by DePaul University. The Regional Economic Applications Laboratory of the University of Illinois provided an econometric analysis of data supplied by the workgroup.
Higher Education in the Loop and South Loop (2004 Study)
Sponsored by Chicago Loop Alliance (then known as the Greater State Street Council and Central Michigan Avenue Association), the 2004 Higher Education in the Loop and South Loop study shows that the higher education institutions in the Loop have a potent impact on the Chicago economy, as well as the character of the downtown. The study was conducted by a workgroup of Loop/South Loop institutions, convened by DePaul University. The Regional Economic Applications Laboratory of the University of Illinois provided an econometric analysis of data supplied by the workgroup.
(Photo: Okrent Associates, Inc.)