**Study Finds CNI Investments in Far South Side Generated $1.46B Economic Impact**
A newly released study by Anderson Economic Group LLC (AEG) reveals that investments totaling $693 million by Chicago Neighborhood Initiatives (CNI) in Chicago’s Pullman, Roseland, West Pullman, and Riverdale neighborhoods have produced a $1.46 billion economic impact between 2010 and 2023. Additionally, these investments have led to the creation of 7,800 new jobs.
The report, titled the “Community Benefits and Economic Impact Study,” was led by AEG’s COO Tyler Theile and senior consultant Crita Benton. It evaluates household outcomes, neighborhood transformation, and investment trends on Chicago’s Far South Side. According to their findings, developments in sectors such as manufacturing, industrial, warehousing, retail, restaurant, and healthcare — including key projects such as Pullman Park, the 111th Street Gateway Retail Center, and Pullman Crossings — have spurred the emergence of quality jobs. These jobs, in turn, help generate local income and increase community-level economic activity.
“CNI’s ability to leverage the assets of the Far South Side, such as its proximity to the port and expressways and the availability of open land, have attracted numerous businesses and generated short- and long-term benefits to the Pullman/Roseland community and the Far South Side,” said 9th Ward Alderman Anthony A. Beale. “What they’re doing is important, impactful and, best of all, replicable.”
