Schaumburg is a northwest suburb of Chicago located in Cook County and DuPage County, Illinois. Today, the village has over 75,000 residents that live in Schaumburg homes. Residents and visitors alike enjoy the many opportunities the Village of Schaumburg has to offer. Schaumburg is a shopping destination featuring the third largest mall in America in terms of shopping area. Those moving to Schaumburg will discover something for everyone.
History:
The Village of Schaumburg was incorporated in 1956, but the heritage of Schaumburg dates back to the much earlier times when the first inhabitants of the area were members of the Sauk, Fox, Pottawatomie, and Kickapoo Indian tribes. By the mid-nineteenth century, settlers first began to arrive from Germany and the eastern United States. In 1840, 56 percent of the Township households originated from the eastern United States, while 28 percent were German-born. By 1870, Schaumburg Township had become completely German. Schaumburg Township remained almost exclusively under German ownership until the Great Depression of the 1930s. By 1980, Schaumburg had expanded to 18.3 square miles of land area, and its population had swelled to 53,305 residents. During the early and mid 1980s, development focused on large corporate office buildings and the emerging Woodfield RegionalCenter along Golf Road. The late 1980s was characterized by the vast expansion of small manufacturing and warehouse uses in the industrial and business parks in the village's northeast and southwest quadrants. By 1990, Schaumburg's population, while still increasing, was beginning to slow as land available for residential development was rapidly disappearing. The population in 1990 had risen to 68,586, an increase in 15,281 persons since 1980. As Schaumburg moved into the 21st century, continued expansion was expected. Industrial development has remained steady throughout the 1990s with activity increasing in 1996 and 1997 during a period of economic boom.
Economy:
Schaumburg is the headquarters of Motorola, which is a major employer in the Chicagoland area, providing jobs and revenue to the city. Schaumburg is the largest center of economic development in the State of Illinois, outside the City of Chicago. In addition to the 9.5 millions square feet of retail and commercial space, the village has over 12 million square feet of office space and 13.5 million square feet of industrial space. With a daytime population of 150,000, thousands of businesses, 25 hotels, over 200 restaurants, highly educated workforce, superb location and high quality of life, Schaumburg is 'The Place for Business.' Approximately 255 public use airports were abandoned from 1995 to 2001 jeopardizing the $150 billion economic boost the general aviation industry provides for the U.S. economy each year. In 1995 when the Schaumburg Airport was put up for sale, the FAA approached the Village and suggested that they consider preserving the airport and its benefit to the aviation community and the economy. The Schaumburg Convention Center and Hotel's purpose is to attract visitors to Schaumburg to support and enhance the local economy. These visitors who might not otherwise come to Schaumburg play an important role as consumers of goods and services sold by local businesses. The estimated annual impact to the business community is approximately $43 million.
Tourism:
Experience thrilling Thoroughbred horse race, ride an action river at a waterpark or get creative at the only U.S. LEGOLAND Discovery Center – it is all in the Schaumburg area. The city is also home to several golf courses offer some of Chicagoland's most exciting challenges for both novice and seasoned golfers. Beautiful fairways, contoured bunkers, and finely groomed greens are waiting to test your skills. The possibilities are endless –enjoy family-friendly baseball with the Schaumburg Flyers, sink that perfect putt on a perfectly groomed green, learn the finer points of horseracing. For the shopper in the group, the area is home to some of Chicagoland's best and most unique shopping spots. Everything from the Woodfield Mall, Streets of Woodfield and Historic Long Grove, to Mitsuwa Japanese Marketplace and charming local downtowns can be found in Schaumburg. For a blast from the past, the dinner theater chain, Medieval Times, has one of its nine locations in America in Schaumburg. At night, stay close to home and visit one of the city's local bars or late night eateries, or venture off and hit the big time at one of Chicagoland's famed nightclubs or happening lounges.