Author: Lake County Partners

Libertyville Shines at the 2025 Bisnow Midwest Industrial Summit: A Clear Signal that Lake County is the Midwest’s Industrial Powerhouse

The 2025 Midwest Industrial Summit, hosted by Bisnow on November 20 at Innovation Park in Libertyville, Illinois, brought together over hundreds of leaders in industrial real estate — developers, investors, brokers, and public officials — to tackle the future of logistics, cold storage, capital markets, and industrial development across the Midwest. The event was made possible by a number of sponsors, including Wintrust Community Banks and Lake County Partners.

While topics spanned from macroeconomic outlooks to advanced automation and cold-chain logistics, one theme resonated loud and clear throughout the day: Lake County is the Midwest’s premier destination for industrial investment.

The Energy of a Sector in Transformation

From the opening keynote to the networking reception, the summit made it clear that the industrial sector remains the most dynamic component of commercial real estate.

Panelists agreed that demand for high-quality, strategically located industrial space continues to outpace supply, especially in mature markets like Chicagoland. However, with land constraints and rising costs, many are looking northward to Lake County as the logical next frontier.

“Lake County offers the best of both worlds,” noted Ron Lanz, the Senior Director of Business Development at Lake County Partners, and an attendee of the event. “You’re still part of the Chicagoland market, and you can maximize accessibility and workforce while tapping into a business-friendly environment. That’s an unbeatable combination right now.”

Key Takeaways from the Bisnow Midwest Industrial Summit

The event’s agenda featured several high-impact panels that captured the pulse of the industry:

1. The State of the Midwest Industrial Market

Experts emphasized resilience despite national headwinds. Vacancy rates in the Chicago MSA hover around historic lows, and rents are still trending upward. Suburban and exurban submarkets are showing strength, particularly in Lake County, McHenry County, and southeast Wisconsin.

Panel discussions made it clear that companies aren’t just chasing cheaper land anymore. They’re chasing connectivity — logistics access, workforce pipelines, and the ability to deliver next-day or even same-day service to Chicago and Milwaukee. Fortunately, this is exactly what Lake County delivers.

2. Capital Markets and Finance Outlook

While rising interest rates have recalibrated some investor expectations, industrial remains a favored asset class among lenders. Lake County’s fundamentals, like low vacancy, high absorption, and a growing roster of national tenants, make it a top pick for institutional capital seeking stability with upside potential.

3. Cold Storage and Innovation

As food, pharmaceutical, and e-commerce supply chains modernize, demand for cold and temperature-controlled space has exploded. Developers cite Lake County’s proximity to O’Hare, Milwaukee’s General Mitchell Airport, and major interstates, including I-94, Route 41, and Route 60, as ideal for this niche.

The bottom line is, Lake County is perfectly positioned for the cold chain revolution because it’s close enough to serve two major metros, with the land and infrastructure to support state-of-the-art facilities.

Lake County Takes Center Stage

As attendees explored Libertyville’s Innovation Park, many saw firsthand the potential that Lake County offers. Once a corporate campus, the site has been transformed into a vibrant mixed-use innovation hub—proof that adaptive reuse and industrial reinvention can coexist. It is now owned by R2, in partnership with JDI Realty.

“Libertyville has a highly specialized employment base anchored by metal fabrication, machinery production, plastics and rubber manufacturing, and advanced technical and electronic products. This industrial strength continues to attract talent from across the country, supported by the growth of companies like Flex North America, the third expansion of AHEAD, and the ongoing success of Valent BioSciences,” notes Libertyville Mayor Donna Johnson. “The community is recognized not only for its skilled and technical workforce, but also for the exceptional quality of life that keeps both employers and employees rooted in Libertyville.”

Throughout the day, local economic development and industry leaders engaged to share update on major projects and incentive opportunities. Their message was clear: Lake County is ready for growth, and it’s actively welcoming investment.

Among the top factors that have made Lake County such a desirable location for business:

  • A Prime Logistics Location – Nestled between Chicago and Milwaukee, Lake County gives businesses unmatched access to I-94 and U.S. 41, two of the region’s most critical north-south arteries. Distribution centers in places like Waukegan, Gurnee, and Grayslake can reach more than 9 million consumers within a 60-mile radius. It’s no wonder leading companies like Sysmex America, Medline Industries, and Fortune Brands Industries have expanded in the community in recent months. The County’s combination of highway access, available land, and proximity to major population centers makes it a sweet spot for logistics and manufacturing operations alike.

  • Tight Vacancy and Rising Demand – According to recent data, Lake County’s industrial vacancy rate hovers around 6.2%. Rents continue to climb, and are up roughly 3.5% year-over-year, driven by steady absorption of Class A space.

  • Pro-Business Climate and Incentives – Panelists repeatedly highlighted Lake County’s business-friendly environment. Through Lake County Partners, companies can access a range of incentives including but not limited to: 1) Enterprise Zones and EDGE tax credits to offset startup or expansion costs; 2) Industrial Revenue Bonds (IRBs) for low cost financing; and, 3) workforce development partnerships with Lake County Workforce Development and the College of Lake County to train and upskill talent. These tools, combined with collaborative local governments and a response permitting process, have made Lake County one of the Top 10 Counties for Economic Development in the U.S. according to Site Selection.

  • Workforce and Quality of Life – Industrial growth depends on people—and Lake County delivers. With a population exceeding 700,000 and a labor force of 370,000+, employers can draw from a skilled and educated talent pool. The region’s quality of life, top-ranked schools, vibrant downtowns, forest preserves, and proximity to Lake Michigan help employers attract and retain talent. As Kevin Considine, LCP’s president and CEO and event speaker noted, “You can run your operation here knowing that your employees will be happy to live nearby. That’s a major competitive edge.”

Lake County Is Picking Up Momentum

The event closed with a forward-looking discussion on what’s next for Midwest industrial real estate. While national trends point toward normalization after the pandemic-driven boom, the consensus was optimistic.

Lake County, specifically, is poised for sustained expansion. With its strategic location, infrastructure capacity, and coordinated economic development efforts, it’s ready to accommodate the next wave of advanced manufacturing, innovation and logistics space.

Local officials emphasized the County’s commitment to sustainability; the community is actively advocating for modern, energy-efficient facilities and green infrastructure. Developers echoed this sentiment, noting that tenants increasingly prioritize environmentally-conscious locations.

“Lake County isn’t just growing in a haphazard way,” said Steve DeBretto, Lake County Partners’ Director of Strategic Initiatives. “Local leaders are ensuring that it’s growing strategically, by balancing industrial strength with community and environmental responsibility. That’s what will sustain it long-term.”

The day buzzed with energy during coffee breaks and the post-event reception. Attendees shared deals in progress, discussed future site plans, and explored collaboration opportunities. Brokers spoke of surging interest in off-market properties, while investors compared notes on speculative development across Lake County.

Why This Matters for the Industrial Real Estate Community

For developers and investors, the Bisnow Midwest Industrial Summit reinforced what the numbers already show: the industrial sector remains a pillar of strength in commercial real estate.

Lake County’s rise represents a natural extension of the Chicago industrial core, and it’s unsurprising given the area’s accessibility, affordability, innovation, and long-term growth potential.

As industrial assets evolve—from e-commerce fulfillment centers to advanced manufacturing hubs—the County’s balance of infrastructure, workforce, and land availability positions it as one of the most compelling submarkets in the Midwest.

“Whether you’re an investor seeking stable returns, a developer eyeing the next growth corridor, or a company ready to expand operations, Lake County offers the access, infrastructure, and community support to make it happen,” notes Ron Lanz, Lake County Partners’ Senior Director of Business Development.

Click here to seize the momentum and connect with us, so we can help your business expand in Lake County.

Powering Progress: Lake County Has Honed Regional Strategies that Work to Develop Manufacturing Talent

The modern manufacturing landscape is undergoing a rapid and profound transformation. It’s a space where global trade, cutting-edge technology, and the cultivation of human talent intersect to define economic success.

This was at the core of conversation at the recent Lake County Regional Manufacturing Roundtable, hosted by the Illinois Manufacturers’ Association at the College of Lake County’s state-of-the-art Advanced Technology Center in Gurnee.

“Our goal was to bring together industry leaders, policymakers, and community stakeholders to underscore a clear message: manufacturing growth cannot be achieved through isolated effort,” noted Sarah Hardwick, the Senior Vice President & Corporate Board Secretary at the Illinois Manufacturers’ Association. “In Illinois, we are fortunate to have a deeply connected, collaborative ecosystem that builds talent from the ground up to fuel manufacturing growth.”

Fortunately, there is no shortage of collaboration in Lake County. The community is a model of a coordinated approach, and strategic efforts have positioned Lake County and the state of Illinois as global leaders in advanced manufacturing and a proving ground for innovative talent development.

The Global Strategy: Positioning Illinois as a Premier Business Destination

The conversation kicked off by highlighting the aggressive and successful approach Illinois has taken to secure its place on the international business map, with input from Christy George, the CEO and president of the Illinois Economic Development Corporation (EDC), and Kristin Richards, the Director of the Illinois Department of Commerce and Economic Opportunity.

Illinois has been very active in trade missions to target manufacturing leaders worldwide. This is more than mere outreach; it is a dedicated effort to showcase the state’s assets and commitment, effectively positioning Illinois as a global business destination. The purpose of these trade missions is two-fold: to strengthen overseas ties and to attract business back to the state. These trips are invaluable, offering foreign countries an opportunity to benchmark the state and to witness Illinois’ willingness to work with business leaders.

This global ambition is fueled by a powerful, united front known as “Team Illinois.” This collaborative umbrella includes key agencies such as Illinois EDC, the Illinois Manufacturing Excellence Center (IMEC), and the Illinois Department of Commerce and Economic Opportunity (DCEO), working hand-in-hand with local partners like Lake County Partners (LCP) and various local governments.

A recurring theme of the panel discussions was the sheer preparedness of the state to support companies at every level, particularly as they seek to maximize their export potential. Richards noted that the state has been actively enhancing Illinois’ incentive programs, including EDGE and Rev; this year, Illinois also introduced a new program called Advanced Innovative Manufacturing (AIM) to focus on capital improvement investments.

Beyond incentives, policy and outreach, the state possesses a foundational strength that few can rival: its people. Illinois’ talent and workforce development strength are game changers when it comes to attracting business. This human capital advantage is what truly sets the state apart and forms the basis for its ongoing economic expansion.

These assets have been the cornerstone of business attraction efforts from the Greater Chicagoland Economic Partnership (GCEP), led by Kevin Considine, president and CEO of Lake County Partners. “The GCEP partnership has had a major, visible impact on both business attraction and retention, proving that targeted, regional collaboration yields significant returns. Lake County, in particular, is setting the pace for the region and the state. We are celebrating our best year on record, having fueled $1.8 billion in direct capital investment, 4,000+ new jobs, 2,700+ retained jobs, and counting. Much of that has come directly from manufacturing growth,” Considine remarked.

Forging the Future: Building the Workforce Pipeline

The bedrock of any successful manufacturing ecosystem is a robust and renewable supply of skilled talent. The next roundtable discussion—featuring remarks from Jim Connell, the Executive Director of Community Programs at the College of Lake County, Gina Schuyler, the CTE Department Chair for Careers and Community Partnerships at Grayslake D127, and Jennifer Serino, the Director of Lake County Workforce Development—made it clear that career pathway programs are more important than ever in helping to shape the next generation workforce.

This is not a passive effort; it involves active engagement from education, government, and industry. The effort to develop talent, and help businesses tap into it, cannot be done alone. It is a complex process that demands outreach, resource aggregation, an understanding of how to leverage and promote assets, and the ability to forge new ways of doing things.

Illinois has formalized its educational commitment to manufacturing through innovative programming. For students in Illinois, the journey to a manufacturing career is structured: after identifying an interest and taking foundational courses, they can be endorsed in manufacturing through 7 different pathways.

From that foundation, students are connected with local businesses to explore valuable internships and careers. The educational experience is designed to be hands-on, ensuring students aren’t just sitting at desks—they are on equipment that can advance their learning. This practical approach is vital for ensuring graduates are job-ready, even at the high school level.

Lake County boasts several unique and highly successful initiatives designed to engage and educate the next generation:

  • Navig8 Lake: This initiative provides a powerful, hands-on format where students can explore manufacturing with Lake County manufacturers. The growth of this event is staggering, now featuring over 140 companies and attracting the participation of 6,000+ students, with the goal of engaging 8,000 in the coming year. This scale demonstrates a massive regional commitment to early exposure and career exploration.

  • SchoolLinks: Addressing the need for streamlined employer-educator interaction, SchoolLinks gives employers the opportunity to onboard in one system. This collaborative platform ensures educators come together to build the pipeline and help companies connect to it, minimizing friction for both students and employers.

  • Lake County Manufacturing Alliance: This group, run through the College of Lake County, is instrumental in fostering peer learning and collective problem-solving, as it brings local manufacturers together so they can explore best practices and learn from one another.

Importantly, financial resources are also available to support business engagement. Lake County Workforce Development has access to a portfolio of federally-funded grant programs that businesses can tap into to cultivate talent, offering tangible support for internships and training programs.

The commitment to work-based learning relies on the idea that a high school student can be trained to meet the needs of the modern workplace. As such, it requires an individualized approach that can serve as a long-term interview process—a model that provides clarity and confidence for both the employer and the student, with minimal upfront investment.

The state of Illinois has recognized the profound value of structured, on-the-job training, making a substantial investment in apprenticeship and establishing itself as a leader in this area. It operates on a robust “work, earn and learn” model.

To encourage participation, grants help employers co-develop and register apprenticeship programs, effectively lowering the barrier for entry and increasing the number of formalized training opportunities available. Lake County Workforce Development works with employers on paid internships, onboarding and training programs, and leverages labor data to build the talent pipeline through a different lens, ensuring that training aligns with modern industry needs.

Marketing is also playing a strategic role in this ecosystem. Campaigns like Made in Illinois, spearheaded by the Illinois Manufacturers Association, have been instrumental in promoting the state and cultivating an interest in manufacturing careers with young people. This effort is about changing perceptions and highlighting the high-tech, high-skill nature of modern manufacturing jobs.

Reaching students even earlier is the goal of programs like Sparkforce, which can pay for manufacturing camps to give middle school students exposure in a fun way. Last summer, the success was clear with four summer camps being held, with more expected to come—ensuring the manufacturing career conversation starts well before high school.

Panel Insights: The Crucial Role of Partnership and Essential Skills

The panel discussion inevitably turned to the future, specifically focusing on the anticipated impact of emerging technology and artificial intelligence. Demonstrating a proactive stance, Lake County Workforce Development will soon be contracting with a consultant to better understand the impact of AI, and equally important, to better understand which corresponding security measures will be needed as it plays out in real time.

The collective wisdom of the roundtable led to several crucial takeaways that define the path forward:

  • Workplace Essential Skills are Crucial: Technical skills are foundational, but workplace essential skills—including professional conduct, problem-solving, and critical thinking—are equally crucial in keeping young people engaged and advancing in the workforce.

  • Communication is Key: For young people who have grown up in a digital world, communication will be critical. Ensuring they can effectively articulate ideas, collaborate, and manage professional relationships is paramount for success.

  • Shared Responsibility is a Must: Everyone needs to play a role in workforce development if it’s going to be successful in a community. This message reinforces the collaborative spirit of Team Illinois and GCEP.

  • The Ecosystem is the Magic: Ultimately, success stems from synergistic connections. Lake County’s workforce ecosystem is where the magic is—everyone brings value, and the partnerships keeps stakeholders, efforts and resources aligned.

The Lake County Regional Roundtable made it abundantly clear that the future of manufacturing in Illinois is bright, not by accident, but by design. It is a future built on aggressive global outreach, deep investment in human capital, and a powerful, interconnected ecosystem of government, education, and industry partners who are all aligned behind one goal: Powering Progress through strategy and investment that deliver.

Lake County, Illinois’ Economic Outlook is One of Resilience, Reinvention, and a Region on the Move

As the national economy continues to recalibrate after years of pandemic-driven disruption, communities across Chicagoland are asking a key question: are we returning to the pre-2020 economic norm, or has the post-pandemic era rewritten the rules?

That question was at the center of a recent presentation by Dr. Joe Schwieterman of DePaul University and Chris Brewer of AECOM, who offered data-driven insights into Lake County, Illinois, and its evolving role in Chicagoland’s regional economy. Their findings, coupled with business outreach information presented by Lake County Partners (LCP), paint a picture of a county that is both grounded in its strong industrial and life sciences base and nimble enough to adapt to new economic realities.

A Strong Five Year Performance

“From 2021 through 2025, Lake County has delivered impressive results in both job creation/retention and investment attraction,” notes LCP Senior Director of Business Development. “Over these last five years, LCP generated 4,033 new jobs, retained 2,751 existing jobs, and secured a remarkable $1.79 billion in direct investment.”

These numbers are more than statistics—they represent strategic wins across industries that define Lake County’s modern economy: life sciences, advanced manufacturing, professional services, and mixed-use development.

In 2025, Lake County continues to benefit from an active pipeline of investments spanning a diverse range of sectors. Key projects currently in progress include:

  • Life Sciences and Manufacturing
    Major employers and investors such as Plano Pharmaceuticals, Flex, AbbVie, Tuf-Tite, MSI Express, and Belle Aire Creations are expanding or modernizing their operations. These companies contribute not only to Lake County’s economic base, but also to its global reputation as a hub for life sciences and precision manufacturing.

  • Office, Housing, and Institutional Development
    Lake County’s economic vitality is also supported by strategic real estate and community investments. Projects like Fortune Brands Innovations, Miller Cooper & Co., and new residential developments such as Fox Lake Crossing and Lakeview Fox Lake highlight how housing and employment growth are increasingly intertwined. The new Lake County Regional Office of Education further reinforces the region’s commitment to workforce development and educational infrastructure.

Collectively, the major projects managed by LCP in 2025 showcase the multifaceted nature of Lake County’s growth—balancing industrial investment with livability and workforce support that enhances the area’s high quality of life.

Based on the recap provided by LCP, economic development in Lake County is not slowing down. As the staff nears the end of the year, it is managing 34 active projects at various stages of development in the pipeline that will carry into 2026. This steady stream of activity underscores both investor confidence and the county’s ability to attract and retain diverse businesses, even amid shifting economic conditions.

How Are Economic Trends Playing Out in Lake County and Chicagoland?

Population dynamics in Lake County are nuanced. Western townships are less constrained by existing development, and their open spaces continue to experience steady population growth, reflecting Lake County’s ongoing appeal as a place to live, work, and raise a family.

At the same time, the overall labor force growth rate has slowed since 2010, mirroring national demographic trends. With baby boomers retiring and younger workers entering the market at a slower pace, maintaining a strong workforce pipeline will require deliberate efforts in education, training, and talent attraction—all elements that LCP has focused on in recent years with partners across Lake County.

Unemployment & The Labor Force

Lake County’s unemployment rate stood at 4.6% in August 2025, a figure that economists often consider indicative of “full employment.” This strong labor market signals economic stability, but it also reveals emerging challenges.

With the labor force operating near full capacity, workforce availability and housing supply are increasingly viewed as constraints to future growth. Employers face tighter competition for skilled workers, and communities must balance job expansion with residential development that attracts and retains talent.

Since 2010, Lake County has experienced a narrowing pace of job creation, a trend that has become more pronounced since 2021. While this could appear concerning at first glance, it also reflects a maturation of the regional economy—one that prioritizes high-value, sustainable employment over rapid but uneven growth. Manufacturing and life sciences jobs, for example, often bring higher wages and greater stability compared to the retail or service sectors that have been contracting.

E-Commerce

Few trends illustrate post-2020 transformation more clearly than the impact of e-commerce. As online shopping has become a dominant force, the geography of retail spending has shifted dramatically because sales tax revenue is increasingly generated where people live rather than where they shop.

“This transition has resulted in retail job losses since 2020, yet it has also sparked new employment opportunities in logistics, distribution, and technology infrastructure tied to e-commerce,” notes Chris Brewer, Vice President at AECOM. “Lake County’s position within the regional transportation network gives it a strategic edge in capturing these new forms of economic activity.”

Office Space

Office space dynamics have also undergone a structural shift. The demand for traditional office environments—especially older, single-use buildings—has softened in the wake of hybrid work trends. However, not all office space is created equally. Data show that offices located within mixed-use districts, where employees can access housing, dining, and recreation, have proven far more resilient. These spaces align with the preferences of today’s workforce, which values flexibility, walkability, and community engagement.

For developers and local governments, the message is clear: adaptation and reinvestment in mixed-use environments will be key to sustaining the office market’s relevance in the years ahead.

Transportation

Lake County’s position between Chicago and Milwaukee, and its vast transportation networks make it a compelling location for business growth and talent relocation. This is further reinforced by investment and government work plans that have prioritized transportation and safety.

Multiple projects have highlighted another major construction season in Lake County, particularly as Illinois seeks to modernize infrastructure locally and across the state through the Rebuild Illinois program. These projects hit every corner of the county, including Deep Lake Road, the Robert McClory Trail, Old McHenry Road, Arlington Heights Road, and Deerfield Parkway.

Ridership on the several Metra lines that serve Lake County UP continue to steadily rebound since their low points in 2020, and public transportation remains front and center for legislators as they look to engage residents and offer reliable service.

At O’Hare International Airport, investments have provided for the addition of gates at T3 and T5, giving the airport the distinction of the largest number of gates in the world. This summer, ground was also broken to prepare for the $1.3 billion Terminal D, a 19-gate satellite concourse. O’Hare just had its busiest summer ever.

Looking Ahead: Challenges & Opportunities

The story emerging from Lake County’s data is one of resilience amid transition. The region’s traditional strengths—its diverse industrial base, proximity to major markets, and highly educated workforce—continue to underpin economic vitality. Yet, like much of the nation, Lake County is navigating a new economic landscape shaped by technological disruption, demographic shifts, and evolving work patterns.

Moving forward, success will hinge on a few critical strategies:

  • Expanding Workforce Housing – Ensuring adequate and affordable housing for workers across income levels.
  • Investing in Workforce Development – Strengthening partnerships between schools, colleges, and employers to meet emerging skill demands.
  • Repositioning Commercial Assets – Transforming aging office and retail properties into mixed-use or innovation-friendly spaces.
  • Leveraging E-Commerce Growth – Capitalizing on logistics and supply chain opportunities that align with the county’s infrastructure strengths.

Fortunately, leaders in Lake County have worked together to position it well to tackle these challenges head-on. As the 2020 pandemic came to a close, LCP led a robust public engagement process to solicit feedback and create a Comprehensive Economic Development Strategy that provides clear direction to address all of these trends.

“We now have a community-endorsed playbook to guide our work plan and solidify Lake County’s prominence as a model for equitable development,” notes LCP Director of Strategic Initiatives, Steve DeBretto. “LCP’s role in economic growth has never been clearer, and we’re excited to build on our momentum to deliver progress in the years ahead.”

Belle Aire Creations Expands Again in Lake County with New Porter East Facility

Lake County Partners was proud to join Belle Aire Creations and local officials in celebrating the ground breaking for Porter East, a 27,400-square-foot expansion designed to strengthen operational excellence and support the company’s continued growth. Located directly across the street from Belle Aire Creations’ existing operations and manufacturing facility in Round Lake Park, and nearby the company’s corporate headquarters and Creative Center of Excellence in Libertyville, Porter East will serve as a dedicated material storage warehouse with advanced inbound and outbound logistics, quality control testing labs, and modern employee collaboration spaces.

Set to be fully operational by May 2026, Porter East represents a strategic investment in efficiency, safety, and innovation. The new space will feature dedicated staging areas, a separate quality control lab for raw material testing and approval, along with expanded storage capacity — all designed to maintain Belle Aire Creations’ industry-leading 4–5 business day lead times.

“This expansion is a reflection of our ongoing commitment to excellence and the continued trust of our customers,” said Stacey David, CEO of Belle Aire Creations. “Porter East allows us to optimize operations, enhance product quality, and create an inspiring workspace for our growing team — all while continuing to deliver the creativity and speed that define who we are.”

The facility will include several employee-focused features, including an outdoor patio, walking path around the pond, café, and modern office and conference spaces, emphasizing Belle Aire Creations’ dedication to fostering a connected and collaborative workplace.

From an operational standpoint, Porter East is designed with built-in infrastructure for robust Wi-Fi coverage and a seamless Warehouse Management System (WMS), enabling directed put-away, optimized picking paths, and real-time location tracking. These upgrades will further improve accuracy, visibility, and speed across the supply chain.

The new facility is expected to add 10 new positions to support Belle Aire Creations’ expanding production and logistics capabilities.

“Porter East isn’t just a new facility — it’s a bold step forward for Belle Aire Creations and a major win for Round Lake Park and Lake County,” said Kevin Considine, the president and CEO of Lake County Partners. “This expansion reinforces the company’s deep roots in the community while setting the stage for innovation, growth, and new high-quality job creation. We appreciate this investment as it’s a signal of Belle Aire Creations’ long-term commitment to our community.”

Are You Ready to Grow in Lake County, Illinois Too?

Lake County continues to usher in a wave of business relocations and expansions thanks to unparalleled talent, reliable infrastructure, proximity to North American markets and global connectivity, resources and support at every stage of development. Click here to connect with us to see how we can help your business also grow in Lake County, Illinois.

Lake County Partners Welcome Steve DeBretto As Director of Strategic Initiatives

Lake County Partners is excited to announce that Steve DeBretto has joined Lake County Partners (LCP) as the team’s new Director of Strategic Initiatives. Steve brings to LCP a strong foundation in economic development, strategic planning, and stakeholder engagement, having previously worked as the Chief Executive Officer of the Industrial Council of Nearwest Chicago and the Director of the Illinois SBDC International Trade Center at ICNC. Over the course of his career, Steve has led collaborative projects and advanced community-focused goals. These experiences have made him an expert in forging cross-sector coalitions, managing complex initiatives, and translating strategic objectives into measurable outcomes – this background makes him a natural fit for this new role.

DeBretto grew up in Chicagoland, and has a B.A. in Sociology from DePaul University and an MBA in Marketing, Finance and International Business from the Northwestern University Kellogg School of Management.

In his position at LCP, Steve will lead several cornerstone efforts aligned with Lake County’s Comprehensive Economic Development Strategy (CEDS). He will oversee initiatives in housing, workforce development, early childhood education, and more, while also serving as a partner in projects led by other organizations and philanthropic partners. Steve will guide LCP’s Futures Committee, develop success metrics, nurture community and municipal relationships, and report progress regularly to LCP’s Board of Governors and other key stakeholders.

“Steve’s deep understanding of Lake County’s challenges and opportunities, combined with his collaborative leadership style, make him an outstanding choice to help us advance toward our long-term goals,” said Kevin Considine, president and CEO of Lake County Partners. “We are confident that his strategic vision and ability to build across sectors will accelerate our impact.”

Please join us in welcoming Steve DeBretto to Lake County Partners. We look forward to working alongside him as we continue to strengthen economic mobility and quality of life across Lake County.

Lake County’s Winning Streak is Not By Chance

Economic momentum doesn’t happen overnight. It takes vision, partnership, and a relentless focus on delivering results. In Lake County, Illinois, that formula has translated into one of the most successful economic development runs in county history—and there’s no sign of slowing down.

At our annual Invested Together event, which is focused on bringing together key partners from government, business, and community organizations to reflect on major accomplishments, we shared a bold outlook and celebrated our shared purpose of fueling economic growth and a high quality of life in the community.

$1.78 Billion in Investment & Growing

Since 2021, Lake County Partners has directly contributed to $1.78 billion in capital investment, helped create nearly 4,000 new jobs, and retained over 2,700 existing jobs. And 2025 is shaping up to be a landmark year: the county is on pace for one of the highest growth periods on record, with 65+ new projects considered so far in 2025.

Much of this activity is centered in key industries like life sciences, advanced manufacturing, technology, and energy. With expansions from global powerhouses like AbbVie, Fortune Brands Innovations, Sysmex, and Plano Pharmaceuticals, the message is clear: Lake County is a prime destination for business growth.

A Business-Friendly Environment Backed by Strategic Investments

Lake County’s success can be traced to its unique combination of:

  • Highly educated and skilled talent
  • Robust transportation infrastructure
  • Reliable power and utilities
  • Global connectivity through nearby airports including O’Hare International Airport
  • Strong public-private partnerships

The region was recently named one of the Top 10 Counties in the U.S. for Economic Development by Site Selection magazine—a recognition based on real data, real investments, and real results. And while the numbers are impressive, it’s the spirit of collaboration that truly sets Lake County apart.

“This year, we have celebrated major wins, including Vantiv’s new $23 million headquarters in Deerfield, Fortune Brand Innovation’s decision to locate its headquarters and hundreds of new jobs here, AbbVie’s recent announcement to invest $195 million in North Chicago, T5 Datacenters multi-billion dollar data center in Grayslake, Sysmex’s $20.6 million investment in Lincolnshire and Buffalo Grove, and more,” notes Lake County Board Chair Sandy Hart. “These are not just buildings; they are commitments to our community. Lake County is a national leader in economic development, and together we are building a vibrant, inclusive community where every single person and business has the opportunity to succeed.”

“None of this happens in a vacuum,” said Dan Joyce, Chair of Lake County Partners’ Board of Governors and COO at Bath Concepts. “It takes strong leadership at every level of government, education, and business working together with a shared vision. Lake County has exactly that.”

Infrastructure That Supports Growth

Beyond job creation and investment wins, Lake County is laying the physical groundwork for long-term resilience. This summer, the County opened a new Regional Operations and Communications Facility in Libertyville. By consolidating 911 services and coordinating emergency response across multiple agencies, the project ensures faster, more reliable public safety support.

Infrastructure isn’t just about responding to emergencies. It’s about building a better future, which is why upgrades also extend to transportation and sustainability. With over 700 miles of bike paths and a commitment to multimodal transit, Lake County is building a community that prioritizes health, sustainability, and accessibility. Ongoing stormwater management upgrades are helping mitigate flooding and protect homes and businesses from climate-related risks.

Fortifying The Talent Pipeline

In today’s economy, talent is the new economy, and Lake County is rich in it.

“Our greatest asset in Lake County is our people, which is why our community continues to make significant investments in education and workforce development, and benefits from world-class education as a result,” notes LCP president Kevin Considine.

Lake County is home to a powerhouse network of education and training institutions, including:

  • College of Lake County
  • Lake County Tech Campus
  • Lake Forest College
  • Rosalind Franklin University
  • Regional Office of Education
  • Award-winning schools spanning K-12

These institutions are working hand-in-hand with employers to prepare students for high-quality careers. Events like Navig8 Lake, taking place this October, are giving students early exposure to in-demand career pathways, ensuring that local businesses have access to the talent they need.

Lake County Partners is also tackling longer-term issues like housing, early childhood education, and workforce mobility—recognizing that inclusive, sustainable growth requires a holistic approach.

Housing as Economic Infrastructure

To attract talent and sustain the vibrant communities for which Lake County is known, housing development has been put front and center. Needs are being addressed head-on with a new housing task force and strategic partnerships between municipalities and developers.

New developments are already moving forward in towns like Deerfield, Fox Lake, Hawthorn Woods, Lake Villa, Libertyville, Lincolnshire, and Mundelein to create more opportunities for people to live, work, and thrive locally.

“Housing is definitely an economic issue that we are focused on right now,” notes Considine. “It’s at the heart of our ability to grow and sustain a dynamic workforce.”

A Model For Regional Collaboration

Lake County is also reaching new audiences through its involvement with the Greater Chicagoland Economic Partnership, and with Considine at the helm as the group’s new Chair, Lake County is at the forefront of a united effort to attract business to Chicagoland.

Over the last three years, this partnership has delivered 205 regional wins, making the entire region more competitive on a national and global scale. Recognition from organizations like the Illinois Manufacturers’ Association (IMA) and Illinois Manufacturing Excellence Center (IMEC) further highlights Lake County’s role as a leading force in economic development.

The Path Forward: Inclusive, Innovative and Intentional Growth

The work to drive continued economic growth in Lake County is far from over. But Lake County Partners is uniquely positioned to seize on the momentum by leveraging local leadership, resources and partnerships to tackle pressing issues and land big opportunities.

Whether it’s supporting the next Fortune 500 headquarters expansion, growing a life sciences cluster, or ensuring students have clear paths to career success, the county is all in on building a more resilient and inclusive economy.

LCP-hosted events like “Invested Together” are a reminder that when the public and private sectors unite around a common goal, big things happen.

Join Local Leaders in Igniting Growth in Lake County, Illinois

Click here to connect with us and learn more about how you can grow your business, invest in the community, or support inclusive economic development in Lake County. We are ready to build the future together, with you.

Unlocking Opportunities: Why Joining a Board is a Game-Changer for You and the Lake County Community

At the heart of every successful mission-driven organization lies a dedicated and capable board of directors. Their strategic vision, governance, and leadership are what ensure the organization remains impactful, sustainable, and relevant in the ever-evolving landscape of community development. But what does it take to become a board member? And why should you consider stepping into this role?

If you’re interested in community impact, economic development, or simply looking for a new way to make a difference, you’re invited to participate in an exciting event designed to connect individuals with nonprofit boards in need of passionate leaders. This annual Board Expo, hosted by GiveNKind, Vernon Area Public Library, and The Lake County Community Foundation on Wednesday, September 17th at the Vernon Area Public Library in Lincolnshire, is more than just an opportunity to learn—it’s a chance to truly engage and become part of something bigger. Click here for event details.

Building Partnerships for Impact

This Board Recruitment event is a direct result of a powerful partnership between GiveNKind, Vernon Area Public Library, and The Lake County Community Foundation—three organizations dedicated to fostering positive change and supporting the growth of the community. Over the years, they’ve come together to build a platform where local leaders can connect with nonprofit organizations seeking fresh, dedicated board members.

Through this collaboration, they’ve been able to facilitate numerous events and opportunities designed to support and elevate board leadership, develop mission based organizations, and make the match between people and volunteerism. Their goal has always been simple: to ensure that mission-driven organizations have access to the talent, energy, and ideas they need to thrive while offering individuals the chance to engage with the community and develop personally and professionally

The Board Expo is just one of many ways they work to strengthen the Lake County non-profit community. By leveraging the power of these strategic partnerships, they’re not just helping organizations find the right people—we’re also empowering individuals to become leaders who can make a real difference in their community.

At this event, you’ll be provided with an in-depth overview of what it means to serve on a board and why it’s so critical to the success of nonprofit organizations. You’ll hear firsthand from community leaders about the impact that great boards can have—and why you, with your skills, experience, and passion, are needed.

Why Are Boards So Important?

A nonprofit organization is only as strong as its leadership. Boards provide governance, strategic oversight, and financial guidance to nonprofits. They help organizations stay mission-focused and ensure that resources are being used efficiently to achieve those missions.

Being part of a board means being part of the long-term vision of an organization. It’s about offering your expertise, diverse perspectives, and commitment to shaping that vision. Great boards are made up of individuals who bring unique skills—whether it’s finance, marketing, legal, or simply a strong passion for the cause—so the diversity and strength of the board plays a pivotal role in an organization’s success.

Economic Development, Community Engagement and Personal Fulfillment

Becoming a board member is not just about the organization—it’s also about you. Serving on a board is a unique opportunity to engage deeply with your community and contribute to its long-term success. As a board member, you’ll become an asset to both the organization and the broader community.

Whether it’s helping develop key community programs, overseeing important economic initiatives, or facilitating local partnerships, board members play a key role in fostering community engagement. In return, you’ll gain access to valuable networking opportunities with like-minded professionals and community leaders. Serving on a board also offers immense personal fulfillment—you’ll experience the satisfaction of contributing to something bigger than yourself, while also honing your leadership, governance, and decision-making skills.

A Tradition of Empowerment

The Board Expo event has been a hallmark of community development for several years. It has grown to become an essential resource for both organizations and individuals interested in making a difference. In the past, we’ve seen many success stories—from individuals attending their first event to becoming board members, and even returning to the event as board members themselves to host organizational tables and recruit new talent.

One story in particular stands out: a potential board recruit attended the event one year and engaged with multiple organizations. By the following year, they were sworn in as a board member for one of those organizations. They then returned the next year as a table host to share their experiences and recruit others, illustrating the power of this event to not only connect individuals with nonprofits but also create a cycle of leadership development and community engagement.

Take the First Step

Whether you’re an experienced professional or someone just beginning to explore ways to contribute to your community, the Board Expo is the perfect place to start. With over twenty organizations attending, you’ll have the opportunity to find a board that aligns with your values and interests.

The event is free, open to anyone interested in joining a nonprofit board, and designed to connect individuals with organizations looking for leaders who are committed to moving the mission forward. Your skills and passion could be the key to helping an organization – and the Lake County community – thrive.

Which Nonprofit Board is Right for You?

To register for the Board Expo on September 17th and get exposure to other powerful nonprofits in Lake County that are open to new leadership, click here.

As the nonprofit organization charged with driving Lake County’s economy forward, Lake County Partners relies on a strong board of business and community leaders to guide its initiatives and shape priorities. Learn more about our board and what we do here. Click here to explore opportunities to get involved with us.

How Vision Drives Economic Growth in Lake County, Illinois

Lake County, Illinois, stands out as a beacon of economic development success in the Midwest. Through strategic partnerships, innovative branding, and relentless focus on community engagement, the region continues to attract significant investment, create jobs, and foster a climate where businesses and residents thrive. At the heart of this momentum are visionary leaders and consultants who bring expertise, fresh thinking, and actionable strategies to the table.

It comes as no surprise that this potent mix has resulted in Lake County, Illinois recently being named among the top 10 counties in the U.S. for economic development, according to Site Selection. The county’s prominent position as a national leader in economic development highlights the role of Lake County Partners, which has been recognized as a top partner by industry groups such as IMA and IMEC. These honors also reflect long-term planning, an adaptable mindset, and effective execution in attracting and retaining world-class employers.

“Behind the scenes in Lake County, there is a passionate and committed group of public sector leaders who leverage a menu of best practices for a variety of topics –including branding, financing, commercial development and more—that can be tailored to community resources and leveraged to fuel equitable growth and high quality of life in Lake County,” notes Steve Madden, the CEO of Libertyville Bank & Trust, North Region Market Head for Wintrust Financial Corporation.

Libertyville Bank & Trust’s long history of supporting community growth and opportunity has made the company a natural sponsor of Lake County Partners’ quarterly public sector workshop series, where, as Madden notes, “The optimism in the room is always palpable, and affirms that stakeholder-driven collaboration remains central to Lake County’s prosperity.”

The Importance of Crafting an Identity

Lake County Partners’ most recent public sector workshop featured its predictable high energy as the group delved into branding, digital marketing, and events, to discuss strategies to champion the many success stories taking place in communities across Lake County.

“Branding is a powerful tool that communities can use to craft an identity and articulate their value propositions,” notes one of the speakers, John Harris, president at a5 Branding & Digital. Harris wisely reminded the crowd that their “brand is not what they say it is, it’s what the public says it is. If you don’t control your narrative, others will, including AI. ”

Harris grounded his presentation in real-world examples of communities that are capturing what truly sets them apart, including Fox Lake—a Lake County village that worked with a5 to draw out a variety of authentic community voices to develop a marketing campaign rooted in local pride and ambition.

While Harris focused on “the heart” of the story, he let the next speaker speak to “the head,” and Alexander Boston, SEO and Content Lead at Northwoods Web Solutions did just that. Boston brought essential knowledge in the ever-evolving field of digital marketing and search optimization, opining on the many ways that his clients increase their digital presence and drive return on investment through strategies focused on digital advertising, software development, paid campaigns, SEO and AI.

Boston’s advice for communities seeking visibility? “Select the right digital platforms based on audience, goals, and budget, and prioritize quality content and technical excellence.” Boston also discussed the need for agile management of campaigns and budgets, noting that if done correctly, they can yield a clear understanding of their ability to connect with a consumer and trigger a lead.

From the Screen to In-Person

The look, feel and experience that a consumer has online also needs to translate into a seamless event experience as well. Personal interactions, like those afforded through targeted events, are a great way for communities to “friendraise” and touch base with partners—something that Lake County Partners has honed over the years through its popular annual “Big Event” breakfast. “Events are catalysts for business attraction and community pride,” noted the final speaker, Joan Cinquegrani, Owner and Lead Event Consultant at Five Grain Events. “They should absolutely be considered one of the tools in the communications toolbox.”

Cinquegrani’s team has supported Lake County Partners events for ten years, offering project management and on-the-ground staffing that executes memorable live events that prioritize the guest experience. Her work equips local governments and business groups to host everything from site selection tours to national conventions—boosting both Lake County’s reputation and economic impact.

Boosting Impact with Community-Driven Campaigns

A defining theme across all Lake County initiatives is community engagement. Whether developing a new brand identity, planning a major event, or running a digital campaign, leaders ensure that resident voices, stakeholder input, and local values drive strategies and outcomes. The secret recipe for success, as shared by the guest speakers, is this:

  • Define clear goals based on unique community strengths.
  • Engage diverse audiences including business owners, students, government officials and cultural organizations.
  • Tell consistent and compelling stories that reflect both tradition and transformation.
  • Measure strategies through real-time data analysis and feedback.
  • Celebrate wins and learning together to reinforce a cycle of growth and improvement.

Looking Forward: Lake County, Illinois Leads

Lake County’s continued recognition—by organizations like Site Selection Magazine and numerous industry associations—validates a culture of innovation, inclusivity, and results-driven leadership. Thanks to the combined expertise of committed professionals and a stellar all-star team of consultants to support their efforts, Lake County communities are not just keeping up—they are setting the pace for economic development nationwide.

For communities elsewhere seeking inspiration, the Lake County story is clear: invest in people, engage purposefully, and never underestimate the power of a great narrative paired with expert execution. The future is bright in Lake County, and its momentum shows no sign of slowing.

Big Results & The Recognition to Prove It

Lake County, Illinois’ reputation as an economic powerhouse is well-earned, as vividly detailed in our new 2024 Annual Report. This comprehensive report doesn’t just chronicle a year; it paints a compelling picture of strategic growth, unprecedented investment, and a collaborative spirit that is setting a new benchmark for economic development nationwide.

The accolades speak for themselves: Lake County has been recognized by Site Selection Magazine as one of the top 10 counties in the entire United States for economic development, while LCP itself has earned distinction as a top partner by the Illinois Manufacturers’ Association and IMEC. These achievements are not merely statistics – they are testaments to a concerted effort to foster an environment ripe for business success and community prosperity.

At the heart of Lake County’s economic surge are monumental investments and the creation of thousands of new job opportunities. Our 2024 Annual Report proudly highlights several pivotal projects that underscore this growth. Leading the charge is T5 Datacenters, whose staggering $2.25 billion investment represents a significant vote of confidence in Lake County’s infrastructure and future potential. This undertaking alone is poised to inject substantial capital and create a ripple effect across the local economy.

Beyond this project, the report details other crucial developments, including Ymer Technologies’ strategic relocation to Lake County from Texas, a move that brings new innovative capabilities and high-tech employment to the region.

In 2024, existing businesses also demonstrated their commitment to Lake County through significant expansions. Sysmex America, a global leader in clinical diagnostics, announced it would broadened its footprint, signifying continued growth in the healthcare and life sciences sector. Similarly, Polar Wire, ZF Services, and AZ Polymers have also announced expansions, reflecting the diverse and robust industrial landscape thriving within Lake County.

These expansions not only reinforce the stability of the local economy but also generate additional employment opportunities for residents. As the annual report illustrates, the bedrock of Lake County’s economic strength lies in a diverse portfolio of private and public companies that serve as the county’s economic base in key industries like life science, advanced manufacturing, healthcare and professional and technical services.

A forward-thinking approach to talent development is a cornerstone of Lake County’s long-term economic strategy, with a particular emphasis on investments in education. The annual report shines a spotlight on the collaborative efforts to cultivate a skilled workforce, particularly in high-demand fields such as STEM, manufacturing, and healthcare. Educational institutions within the county are playing a vital role in this endeavor.

Rosalind Franklin University of Medicine and Science, a premier institution for health sciences, continues to be a hub for medical innovation and talent, producing graduates who contribute directly to the burgeoning healthcare industry in Lake County. The College of Lake County, a comprehensive community college, is another critical partner, offering programs and certifications tailored to meet the evolving needs of local industries. Likewise, at the Lake County Tech Campus, the impact could be felt, with the school celebrating the enrolment of 2,300+ students, many of whom engaged with local employers to explore the exciting career opportunities available in Lake County.

By investing in these educational pathways, Lake County is ensuring a steady supply of skilled professionals, making it an attractive location for businesses seeking a talented and prepared workforce. This proactive approach to workforce development creates a virtuous cycle, where educational excellence fuels economic growth, which in turn attracts and retains top-tier talent.

Beyond investments and talent development, Lake County’s strong spirit of collaboration and community-building is an essential driver of economic success. Lake County Partners has distinguished itself as a master convenor, bringing together diverse stakeholders to foster a shared vision for the region’s future. Events like the highly anticipated “Big Event” and “Invested Together” event serve as prime examples of LCP’s ability to unite business leaders, policymakers, and community members. These gatherings facilitate invaluable networking opportunities, spark innovative ideas, and strengthen the bonds that are crucial for collective progress.

By working hand-in-hand with various organizations and individuals, LCP ensures that economic growth benefits all segments of the community. This collaborative ecosystem is a significant differentiator for Lake County, creating a supportive environment where businesses can thrive and individuals can find meaningful opportunities.

Lake County, Illinois Named Top 10 County in U.S. for Economic Development

Lake County has been named one of the top 10 counties in the nation to do business in by Site Selection Magazine, recognizing the County’s ongoing efforts to foster a business-friendly environment while enhancing the quality of life for residents. The magazine publishes its “America’s Best Counties” report annually, ranking counties based on their performance in attracting corporate facility projects, capital investment and jobs created.

They cited Lake County’s aggressive investment, job creation, rapid industry expansion and valuable proximity to the City of Chicago, already named the top U.S. metro for corporate relocation, for this recognition. This success is a reflection of Lake County’s strong leadership, and the strategic business retention and attraction efforts led by the county’s economic development corporation, Lake County Partners.

Through strong partnerships with state and local leaders and a laser-focused commitment to a reliable infrastructure, skilled talent, top-ranked education and a high quality of life, Lake County is building a community where businesses thrive and residents succeed.

“We’re honored to receive this national recognition, which reflects our strong and ongoing commitment to expanding economic opportunity across Lake County,” said Sandy Hart, Lake County Board Chair. “This achievement goes beyond helping businesses grow; it’s about creating good-paying jobs and building a more inclusive and prosperous future for all our residents, priorities that are woven into our strategic plan.”

Lake County is a well-established hub for key industries, including life sciences, advanced manufacturing, and professional and technical services. It is the home of many globally recognized brands, which highlights its popularity as a location of choice for corporate headquarters.

With its central location between Chicago and Milwaukee, reliable transportation network and quick access to three major international airports and nearby ports, Lake County is a gateway for domestic and global markets, putting the county at a strategic crossroads for goods distribution.

Talent sets Lake County apart, thanks to a strong education system that prepares students for success. The education-to-career pipelines, fueled by top-ranked schools, the College of Lake County, Lake County Tech Campus, Rosalind Franklin University and Lake Forest College, as well as partnerships with local businesses, fortify the workforce pipeline and support economic growth.

Economic development is among Lake County’s key strategic priorities. The County collaborates closely with organizations such as Lake County Partners, the Lake County Workforce Development and the Lake County Visitors and Tourism Bureau to attract and retain businesses, connect people with meaningful careers and promote the region as a dynamic place to live, work and visit.

“Over the past five years, Lake County Partners has helped drive $1.33 billion in direct investment, creating over 4,600 new jobs and retaining nearly 5,000 jobs, notes Kevin Considine, Lake County Partners’ president and CEO. “Being recognized by Site Selection Magazine as one of the top counties in the country in which to do business is a powerful endorsement of our ongoing commitment to equitable economic development. The honor validates the effectiveness of our efforts to attract and retain businesses, foster innovation, support talent development and build vibrant communities.”