The Golden Corridor is the area around the Jane Addams Memorial Tollway, formerly known as the Northwest Tollway (Interstate 90) in the Chicago metropolitan area. It is coined as such since the corridor generates a "gold" mine of economic profit for communities in the area. Several Fortune 500 company headquarters, office parks, industrial parks, exhibition and entertainment centers, medical facilities, hotels, shopping centers, and restaurants are located along the Golden Corridor. With the exception of the O'Hare area of Chicago, all of the communities located in this region are part of a larger region known as the "Northwest Suburbs".
Friday, 12 July 2013
Golden Corridor
Cities and villages
Cities and villages located within the scope of the Golden Corridor include:
Chicago (O'Hare community area) Rosemont Park Ridge Des Plaines Norridge Mount Prospect Arlington Heights Elk Grove Village Franklin Park Bensenville Wood Dale Itasca Roselle Schaumburg Prospect Heights Hoffman Estates Rolling Meadows Palatine South Barrington Streamwood Hanover Park Bartlett South Elgin Elgin East Dundee West Dundee Sleepy Hollow Gilberts Carpentersville Algonquin Lake in the Hills Huntley Hampshire Pingree Grove MarengoMajor companies
Several important companies are headquartered in or have a significant presence in the corridor. They include:
Sears Holdings, a major department store chain headquartered in Hoffman Estates Motorola Solutions, a telecommunications company headquartered in Schaumburg United Airlines, a major airline company with its main operations centers in Elk Grove Village. (Its headquarters are in Chicago) Claire's, a retailer of accessories and jewellery to young women, headquarterd in Hoffman Estates Affiliated Computer Services, an information technology outsourcing company with offices in Schaumburg The Nielsen Company, a marketing research firm headquartered in Schaumburg Automatic Data Processing, a technology and services company whose Dealer Services Division is headquartered in Hoffman Estates U.S. Robotics, a manufacturer of modems headquartered in Schaumburg United Stationers, an office products distributor headquartered in Des Plaines Big Ten Conference, a collegiate athletics conference headquartered in Park Ridge Popular, Inc., regional offices in Rosemont Sprint Nextel, a telecommunications company with regional offices in Rosemont and Itasca Nexicore, a Nationwide onsite computer contractor with offices in Des Plaines Zurich Financial Services, regional offices in Schaumburg Fifth Third Bank branch offices in the Continental Towers in Arlington Heights Chase Bank branch offices in Elgin Allstate, an insurance company with a branch in South Barrington (headquartered in Northbrook) AT&T, telecommunications company with a large regional office in Hoffman Estates Evangelical Covenant Church, a Protestant religious denomination headquartered in Chicago (O'Hare community area) Evangelical Lutheran Church in America, a Protestant religious denomination headquartered in Chicago (O'Hare community area) IGA, a supermarket chain headquartered in Chicago (O'Hare community area) True Value, a hardware store chain headquartered in Chicago (O'Hare community area) Bally Total Fitness, a fitness center chain headquartered in Chicago (O'Hare community area) U.S. Cellular, a mobile communications service provider headquartered in Chicago (O'Hare community area) uBid, an online auction platform company headquartered in Chicago (O'Hare community area) XL Capital, A Corporate Insurance Company headquartered in Bermuda, Has Regional offices in Schaumburg Siemens Medical Solutions, regional offices in Hoffman Estates FANUC Robotics, regional offices in Hoffman Estates Mori Seiki, U.S. headquarters in Rolling Meadows NEC Display Solutions of America, regional offices in Itasca Omron, regional offices in Schaumburg STMicroelectronics, regional offices in Schaumburg Mazak, a Japanese machine tool builder with regional offices in Schaumburg THK, a Japanese machinery manufacturer with its U.S. headquarters in Schaumburg First Midwest Bank, a bank headquartered in Itasca BMO Harris Bank, a Chicago-based bank with regional offices in Schaumburg Comcast, a cable and telecommunications provider with regional offices in Schaumburg Chicago Tribune, a Chicago-based newspaper with regional offices in Schaumburg The Daily Herald, a suburban Chicago newspaper with headquarters in Arlington Heights and regional offices in Elgin and a printing center in Schaumburg Office Max, a Naperville-based office supply store with regional offices in Itasca Verizon Wireless, a telecommunications company with regional offices in Elgin Safeco, an insurance company with regional offices in Schaumburg Experian (EMS - Experian Marketing Services) a credit information group with regional offices in Schaumburg CareerBuilder.com, a career services company headquartered in Chicago (O'Hare community area) Pace, suburban Chicago's bus transit provider headquartered in Arlington Heights PromoWorks, a marketing services company headquartered in Schaumburg Weber-Stephen Products headquarters in Palatine, Illinois and factory in Huntley Regional offices for several major home developers including Pulte and Lennar InstallShield, A Software Company for developing Software Installation Programs, with Headquarters in Schaumburg Expansive industrial parks in Elk Grove Village and Elgin Great American Insurance Company, an insurance company with divisions in Schaumburg BMW of North America, a German luxury auto manufacturer, with Regional offices in Schaumburg Schaumburg Boomers, a professional minor league baseball team located in SchaumburgEducational institutions
A variety of higher educational institutions are located along the Golden Corridor, ranging from branch locations to community colleges to four year colleges.
Judson University, a 4-year college located in Elgin Harper College, a very large community college located at Roselle Road and Algonquin Road in Palatine Elgin Community College, a community college in Elgin Roosevelt University on McConnor Parkway in Schaumburg NIU Hoffman Estates, the Hoffman Estates branch of Northern Illinois University, located at Beverly Road and I-90 American InterContinental University has its online campus offices in Schaumburg Argosy University branch in Schaumburg DePaul University branch in Rolling Meadows Olivet Nazarene University branch in Rolling Meadows National Louis University branch in Elgin Illinois Institute of Art in Schaumburg Oakton Community College in Des PlainesShopping centers
Ranging from regional indoor malls to chic lifestyle centers, "the Golden Corridor" is a bustling center of retail activity. Major shopping centers include:
Woodfield Mall, among the Top 10 largest malls in North America, and the largest in Illinois. Located at Golf Road and Interstate 290, just south of Interstate 90 The Streets of Woodfield, an outdoor mall of about 30 stores adjacent to Woodfield Mall. Huntley Prime Outlets, a 50-store outlet mall located at Route 47 and I-90 in Huntley Algonquin Commons and the Algonquin Galleria, the largest outdoor mall complex in Illinois. Located on Randall Road, 5 miles (8.0 km) north of I-90, in Algonquin Spring Hill Mall, a regional mall at Route 31 and Route 72, 2 miles (3.2 km) north of I-90, in West Dundee The Arboretum of South Barrington located in South Barrington, off of Illinois Route 59 and Illinois Route 72. One of two Chicago area IKEA locations in Schaumburg Cabela's in Hoffman EstatesEntertainment and exhibition centers
From major arenas to convention centers to theaters to gambling centers, the Golden Corridor is a thriving entertainment center. Major facilities include:
Allstate Arena, a 16,000 seat arena at Mannheim Road and Interstate 90 in Rosemont. The arena is the home of the Chicago Wolves AHL team, Chicago Sky WNBA team, Chicago Rush AFL team, and DePaul Blue Demons college basketball team. Sears Centre, a 10,000 seat arena at Beverly Road and Interstate 90 in Hoffman Estates. The arena is the home of the Chicago Slaughter IFL team, the Chicago Bliss LFL team, and the Chicago Express ECHL team. The Rosemont Theater, a 4,000 seat theater in Rosemont. The Hemmens Cultural Center, a 1,200 seat theater in downtown Elgin. The theater is the home of the Elgin Symphony Orchestra. The Donald E. Stephens Convention Center, an 840,000-square-foot (78,000 m2) convention center in Rosemont. Schaumburg Convention Center and Renaissance Hotel, a 175,000-square-foot (16,300 m2) convention center and 500-room hotel located at Meacham Road and I-90 in Schaumburg. Medieval Times, a dinner-theater located at Roselle Road and Interstate 90 in Schaumburg. Legoland Discovery Center in Schaumburg. Arlington Park, a major horse racing track in Arlington Heights, along Illinois Route 53, just 2 miles (3.2 km) north of Interstate 90. Grand Victoria Riverboat, Illinois' most-profitable casino, located in downtown Elgin, a couple miles south of Interstate 90. Rivers Casino, a new casino that opened in 2011, located on River Road in Des Plaines, a mile north of I-190. It is likely to overtake Grand Victoria Casino as Illinois' most-profitable casino. The Schaumburg Baseball Stadium, a 7,000+ seat minor league ballpark located on Springinsguth Road in Schaumburg, a few miles south of Interstate 90. It is home of the Schaumburg Boomers professional minor league baseball team.Healthcare facilities
Located within five miles (8 km) of the Northwest Tollway are a variety of major hospitals, including:
Sherman Hospital: off Randall Road, a half-mile south of Interstate 90 in Elgin St. Joseph's Hospital: off Randall Road, 3 miles (4.8 km) south of Interstate 90 in Elgin St. Alexius Hospital: on Barrington Road, a half-mile south of Interstate 90 in Hoffman Estates Northwest Community Hospital: off Central Road, a mile north of Interstate 90 in Arlington Heights Alexian Brothers Hospital: on Biesterfield Road, 3 miles (4.8 km) south of Interstate 90 in Elk Grove Village Advocate Lutheran General Hospital: a major hospital and trauma center on Dempster Street, 4 miles (6.4 km) north of Interstate 90 in Park RidgeHotels and restaurants
Nearly every national hotel and restaurant chain can be found along the corridor, as well as numerous independently owned and local chains.
The highest concentration of hotels can be found in the Schaumburg/Arlington Heights and Rosemont/O'Hare areas, with secondary concentrations in Hoffman Estates, Elgin, and Itasca.
Transportation infrastructure
Local east-west highways that serve the region include Stearns Road, U.S. Route 20 (Lake Street), Illinois Route 19 (Irving Park Road), Thorndale Road, Biesterfield Road, Devon Avenue, Illinois Route 72 (Higgins Road and Touhy Road), Schaumburg Road, Illinois Route 58 (Golf Road), Illinois Route 62 (Algonquin Road), Kirchoff Road, Dempster Street, Oakton Street, Euclid Avenue, Central Road, U.S. Route 14 (Northwest Highway), U.S. Route 12 (Rand Road), Palatine Road, Illinois Route 68 (Dundee Road), Huntley Road, and Big Timber Road.
Local north-south highways that serve the region include Illinois Route 47, Randall Road, Illinois Route 31, Illinois Route 25, Beverly Road, Illinois Route 59, Bartlett Road, Barrington Road, Springinsguth Road, Ela Road, Roselle Road, Plum Grove Road, Quentin Road, Meacham Road, Arlington Heights Road, Illinois Route 83 (Elmhurst Road and Busse Road), York Road, Mount Prospect Road, Wolf Road, U.S. Route 45 (River Road and Lee Street/Mannheim Road), and Illinois Route 171 (Cumberland Avenue).