Elk Grove Village was named the 2024 “Municipality of the Year” by Illinois Real Estate Journal, earning the award for a second time in the last three years. Home to the largest contiguous business park in North America, Elk Grove Village strives to be the most business-friendly community in the nation.

“Earning this recognition for a second time is a testament to Elk Grove Village’s dedication to our ‘Beyond Business Friendly’ customer service, working to support our business community through strategic investment, strong partnerships, and top-of-the-line services,” said Elk Grove Village Mayor Craig Johnson. “This type of recognition validates that we have built a strong foundation for economic growth and continue to be a leader in economic development and business support.”

A panel of judges from the real estate industry evaluated several finalists based on key economic development accomplishments, major development projects and financial support to real estate projects.

In its application, the Village highlighted:

• A record-breaking year in private sector development, reaching $390 million in investment in 2023;
• Approval of the 10-acre mixed-use gateway development at Arlington Heights Road and Higgins Road;
• The successful transition of Northwest Point from an office park to a center for technology and innovation;
• Approval of almost 5 million square feet of new data center facility space;
• Investment in the local workforce job pipeline with a $750,000 grant for the Elk Grove High School Culinary Manufacturing Education program; and
• Continued dedication to exceptional government services for both residents and businesses.

Elk Grove Village’s recognition as the 2024 “Municipality of the Year” reflects a steadfast commitment to fostering economic growth and supporting local business success.

For more information about this award, click here.