Lake County Partners Newsletter – March 2023

This newsletter focuses on Lake County’s prominence in the life sciences industry. Chicagoland’s life sciences sector has once again been recognized in the top 10 regional employment clusters in the U.S. by commercial real estate firm CBRE, with Lake County standouts like AbbVie, Abbott, Baxter and Horizon juicing the rankings. The area ranked even higher among the top major markets in the pharmaceutical and medicine manufacturing specialty, where it is #2 in the country. Industry experts have been touting the local life sciences industry as one of the biggest growing business sectors. Prominence on the national and global stage is expected to grow as new lab space – including that at Rosalind Franklin University of Medicine and Science in North Chicago – is added to the market. Life sciences and advanced manufacturing are central to LCP’s business attraction strategy. Also in this newsletter, find information on LCP’s upcoming Big Event and the new B2B grant program that will provide $175 million in grants for eligible restaurants, hotels and creative arts businesses impacted by the pandemic. Plus, meet Dr. Michael Karner and get his insights on how the education landscape is evolving in Lake County to support those in early childhood and provide new work-based learning experiences.

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