IL comptroller: Chicago mayor’s policies chase businesses away

(The Center Square) – Illinois Comptroller Susana Mendoza says Chicago is chasing job creators away with crippling policies.

Citadel moved 900 workers from Chicago to Miami in 2022, and the financial firm is now expected to leave its former Citadel Center headquarters in a downtown skyscraper for a smaller space a outside the Loop.

Chicago’s downtown office vacancy rate has surged in recent years and reached a record-high of 28% last month.

Illinois Comptroller Susana Mendoza says the city’s most crippling policies are the ones that chase job creators away.

“I think that rather than punish our business community for creating jobs which are necessary for people’s quality of life, we should be partnering with our business community and not creating policies that, frankly, chase them away pretty quickly,” Mendoza told The Center Square.

Peak6 Investments moved its corporate headquarters from Chicago to Austin, TX in January 2025.

Boeing, Caterpillar, Morton Salt, TTX and Tyson Foods, among others, an...