Chicagoland: Design Destination

The City

  • The third-largest city in the U.S., Chicago boasts more than 3 million residents and a total of 9 million in the metropolitan area.
  • Cook County has the second highest number of millionaire households in the U.S. with 167,873. (Los Angeles County is the first with 262,800 households.)
  • Chicago’s famous architecture is attributed to world-famous architects including Frank Lloyd Wright, Louis H. Sullivan, Daniel Burnham, and Ludwig Mies van der Rohe.
  • The first steel-framed skyscraper was built in Chicago in 1885.
  • 29 Fortune 500 companies are headquartered in Chicagoland.
  • Chicago is home to a host of design and architecture schools, including Art Institute of Chicago, Illinois Institute of Art, Harrington College of Design, Illinois Institute of Technology, and International Academy of Design & Technology.

The Market

  • Furniture and home furnishing store sales receipts total $3.5 billion a year.
  • Chicagoland residents spend $9 billion yearly in building materials and supply stores.
  • Luxury condo developments are flourishing and provide ample design opportunities. To name a few: Trump Tower, The Chicago Spire, The Joffrey Tower, Canyon Ranch Living, The Elysian, and Walton on the Park.
  • The epicenter of high design and luxury goods, the Merchandise Mart is the world’s largest wholesale design center at 4.2 million square feet.
  • Chicago has an abundance of design districts. Find unique furniture boutiques in River North’s Chicago Furniture District, art and antique galleries in the burgeoning Fulton Market area, and marvelous showroom space in the soon-to-be-completed Kinzie Design Center.
  • The metropolitan area boasts of multitude of choices of regional design centers such as
    Design Point in Naperville and Arlington Design Center in Arlington Heights.

Sources: 2005 Survey of Buying Power and Media Markets (DMA); TNS Financial Services annual report 2006; Chicago Public Library; Fortune magazine 2007

 

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