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Economic Development Manager Jobs in Chicago, IL

Exempt The Senior Market Development Manager is a key member of the Market Development team. This ... economics to inform corporate strategy and investment priorities * Identify, evaluate, and develop ...

Exempt The Senior Market Development Manager is a key memberofthe Market Development team. This ... economics to inform corporate strategy and investment priorities * Identify, evaluate, and develop ...

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Economic Development Manager information

See Chicago, IL salary details

$31.9K

$106.1K

$159.7K

How much do economic development manager jobs pay per year?

As of Aug 21, 2026, the average yearly pay for economic development manager in Chicago, IL is $106,126.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,000.00 and $128,300.00 per year, depending on experience, location, and employer.

What is an economic development manager?

Economic Development Managers are professionals responsible for planning and implementing strategies to boost economic growth within a community, city, or region. They work with government agencies, businesses, and other stakeholders to attract new investments, support local businesses, and create jobs. Their role often involves analyzing economic data, coordinating development projects, and promoting the area to potential investors. By fostering a healthy business environment, they help improve the overall quality of life for residents.

What are some common challenges economic development managers face when balancing community needs with business interests?

Economic Development Managers often navigate the complex task of balancing the goals of attracting new businesses and investments with the needs and concerns of the local community. Challenges can include addressing potential impacts on housing, infrastructure, and the environment while ensuring job creation and economic growth. Success in this role relies on strong stakeholder engagement, transparent communication, and creative problem-solving to find solutions that benefit both the community and business partners. Collaboration with local government, business leaders, and residents is essential for developing sustainable, mutually beneficial strategies.

What are the key skills and qualifications needed to thrive as an economic development manager, and why are they important?

To thrive as an Economic Development Manager, you need expertise in economic analysis, project management, and community engagement, typically supported by a degree in economics, urban planning, or public administration. Familiarity with GIS tools, economic modeling software, and grant management systems is often required, along with certifications like CEcD (Certified Economic Developer). Strong networking, negotiation, and communication skills help build effective partnerships and foster stakeholder collaboration. These competencies enable Economic Development Managers to drive sustainable growth, attract investment, and successfully implement development initiatives within communities.

What is the difference between Economic Development Manager vs Urban Planner?

AspectEconomic Development ManagerUrban Planner
Required CredentialsBachelor's degree in economics, urban planning, or related field; often certifications in economic developmentBachelor's or master's in urban planning, geography, or related field; licensure may be required
Work EnvironmentGovernment agencies, economic development organizations, private sectorMunicipalities, government agencies, consulting firms
Employer & Industry UsageFocuses on economic growth, business attraction, and job creationFocuses on land use, zoning, and community development

While both roles aim to improve communities, the Economic Development Manager concentrates on economic growth and business development, whereas the Urban Planner focuses on land use and urban design. Their skills and work environments often overlap, but their core objectives differ.

Is economic development a good career path?

Economic development managers plan and implement strategies to improve local economies, often working with government agencies, businesses, and community organizations. The role requires strong analytical, communication, and project management skills, and it can offer opportunities for advancement and community impact. It is considered a stable career with demand in many regions, especially for those with relevant education and experience.

What are the most commonly searched types of Economic Development jobs in Chicago, IL?

The most popular types of Economic Development jobs in Chicago, IL are:

What are popular job titles related to Economic Development Manager jobs in Chicago, IL?

For Economic Development Manager jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Economic Development Manager jobs in Chicago, IL look for?

The top searched job categories for Economic Development Manager jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Economic Development Manager jobs?

Cities near Chicago, IL with the most Economic Development Manager job openings:

Infographic showing various Economic Development Manager job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $106,126 per year, or $51 per hour.

Senior Business Development Manager

NewCold

Chicago, IL • On-site

Full-time

Medical, Life, Retirement, PTO

Re-posted 20 days ago


NewCold rating

6.2

Company rating: 6.2 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


Job description

Pay Range

The typical pay range for this role is:

145,000 - 155,000 

This position is eligible for a bonus in addition to the base pay range listed above. 
This pay range represents the base hourly rate or base annual full-time salary for all positions in the salary band within which this position falls.  The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. 

Benefits
NewCold also provides eligible employees with an opportunity to enroll in a full range of competitive benefit programs, generally including health insurance, retirement savings plans, life and disability insurance programs, and programs that provide for both paid and unpaid time away from work. In addition, we offer employees 4 weeks of accrued Paid Time Off as well as paid holidays throughout the calendar year.
The specific programs and options available to any given employee may vary depending on eligibility factors such as geographic location, and date of hire.

PositionOverview
TheSenior Business Development Manager is a strategic commercial leaderresponsible for converting qualified market opportunities into profitablecustomer partnerships that support NewCold's growth objectives. This role leadscustomer pursuits from opportunity assessment through proposal development,pricing, negotiation, and contract execution, translating complex supply chainchallenges into tailored commercial and operational solutions.
Workingclosely with cross-functional teams, the Sr. Business Development Managerdevelops business cases, evaluates opportunity fit, and drives early-stageproject development to advance strategic customer opportunities. The idealcandidate thrives in ambiguous environments, builds strong customerrelationships, simplifies complex technical and financial concepts, and appliesdisciplined commercial leadership to deliver successful growth outcomes.
Roles and Responsibilities
StrategicCustomer Acquisition & Consultative Commercial Leadership
Lead strategic customer development efforts by identifying and advancing qualified opportunities, building trusted relationships with key stakeholders, and guiding customers through discovery, site visits, proposal discussions, and commercial negotiations.
Develop tailored commercial solutions by understanding customer supply chain needs, operational challenges, and strategic objectives, and aligning them with NewCold's capabilities in automation, network design, and long-term value creation.
Deal Strategy& Execution
Lead commercial deal development and execution by owning business case creation, proposal development, and contract negotiations from initial opportunity through close.
Develop profitable and aligned customer solutions by translating customer requirements into compelling commercial proposals, building financial models, and ensuring alignment across scope, assumptions, service commitments, and contract terms throughout the pursuit.
Project Development Leadership
Lead early-stage strategic customer opportunity development by defining project scope, objectives, milestones, risks, and cross-functional workstreams, while ensuring alignment among key stakeholders to advance strategic customer pursuits.
Drive internal planning and decision-making by partnering with Solution Design and Project Development teams, preparing executive-level business case materials, and ensuring customer requirements, project assumptions, timelines, and commercial commitments remain aligned.
Real Estate, Land Acquisition &Market Strategy
Lead land acquisition and site strategy initiatives by managing site evaluations, purchase and sale agreement (PSA) negotiations, due diligence activities, and stakeholder coordination to support strategic growth opportunities.
Drive market and development assessments by analyzing customer demand, competitive and economic conditions, and site feasibility, then translating insights into clear commercial recommendations and executive-ready decision materials.
CRM &Process Management
Drive business development execution and pipeline management by maintaining CRM accuracy, providing forecasting and opportunity visibility, improving lead qualification processes, and leading cross-functional pursuit teams through key milestones and decision points.
Influence stakeholders and develop team capability by aligning internal teams around customer and commercial objectives, managing execution risks, and mentoring team members on business cases, proposals, and deal development.

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