Economic Development
The Economic Development Division assists potential businesses with site selection services, provides information to the business community on commercial vacancies, demographics, community profiles, and property statistics. We strive to create a business-friendly environment so that existing businesses will choose to remain and new businesses will locate in Oakbrook Terrace, thereby creating a variety of goods and services for residents and businesses and ensuring the City maintains a balanced tax base that creates sufficient revenue to provide for City services.
ABOUT OAKBROOK TERRACE
Oakbrook Terrace boasts over four million square feet of office development. Even though our population is only 2,134 residents, it is estimated that our daytime population is approximately 40,000 people. We are ideally located with easy access to all major expressways and minutes from O’Hare and Midway.
The City has over 500 businesses making it a great place to do business. Major employers include ComEd, Joint Commission, Exelon, and Redbox.
We are located between two regional malls (Oakbrook Center and Yorktown Mall).
We also have over forty restaurants, seven hotels and are the proud home of Drury Lane Theater.
The Economic Development Division is responsible for the following services:
- Business Recruitment
- Assists potential businesses with site selection
- Business Retention
- Marketing the City
- Information Dispersion
- Communication with Business Sector
- Represent the City at various regional events
- Implementing City policies related to economic development
- Various Studies
