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EDC: Downers Grove records $44M in private investment and 750 jobs YTD

Downers Grove Village Council · August 5, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Brian Gay of the Downers Grove Economic Development Corporation told council the EDC is tracking 56 active projects this year representing about $152 million in private investment pipeline and 652,000 sq ft of space, and said new tools (CRM, website) improved KPI reporting.

Brian Gay, representing the Downers Grove Economic Development Corporation, gave a quarterly update to the council, reporting four major projects for 2026, 750 jobs created or retained year‑to‑date, about 485,000 square feet of space consumed or created this year, and roughly $44,000,000 in private investment in the community so far.

Gay said the EDC now tracks active leads and projects in a CRM and is posting a project roadmap on the EDC website so residents and businesses can follow progress. He cited examples of recent and pipeline projects along Ogden and Butterfield corridors, including corporate headquarters relocations, food and beverage projects and façade improvements, and noted the EDC's investment criteria for tracking (25 new jobs, 25,000 sq ft, or $1,000,000 capitalization).