Stock Quote        
  Join        Login  
logo

Mayor Emanuel Welcomes DeVry to New Chicago Location

Monday, June 25, 2012 4:00 PM

Mayor Rahm Emanuel joined DeVry Inc. President and CEO Daniel Hamburger today to welcome DeVry Online Services to its new Chicago home office. DeVry will bring 600 jobs over nine years to the West Loop neighborhood.

DeVry Online Services opened its office at 300 S. Riverside Plaza earlier this month with more than 200 employees. Approximately 150 of these employees relocated from other Illinois locations, and 60 were newly filled positions. DeVry plans to hire an additional 400 employees to work in the DeVry Online Services unit in the coming years.

“Founded in Chicago, DeVry has been an innovative leader in higher education and a valuable contributor to Chicago’s workforce development for numerous years,” said Mayor Emanuel. “The jobs created at the new DeVry Online Services location reflect Chicago’s commitment to creating an environment where businesses can grow and thrive.”

Economic Impact

The South Riverside Plaza location will house senior executives, admissions directors, admissions advisors and instructional designers. Employees at this location will primarily provide online services to DeVry University, the flagship institution of DeVry Inc. The organization will ultimately occupy 77,000 square feet in the office tower and has the option to add space to accommodate more than 800 employees if needed.

“Chicago is a great city for organizations that need to hire young professionals,” said Daniel Hamburger, president and chief executive officer of DeVry Inc. “We could have placed these employees anywhere in the country – but we felt the combination of quality talent, resources and office space made Chicago our best choice.”

In addition to direct employment impact, the opening of DeVry Online Service’s Chicago office also created many construction jobs. The build-out created 120 temporary construction jobs— and a total of more than 10,000 person-hours. More than 30 percent of the construction contracts were awarded to minority- and woman-owned businesses.

Environmental Sustainability

DeVry’s office was renovated using sustainable building practices. DeVry is applying to the U.S. Green Building Council for LEED Gold level certification. In addition, DeVry has contracted to use 100 percent sustainable energy sources to operate the office.

About DeVry Inc.

DeVry's purpose is to empower its students to achieve their educational and career goals. DeVry (NYSE: DV)(member S&P 500 Index) is a global provider of educational services and the parent organization of Advanced Academics, American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College, Carrington College California, Chamberlain College of Nursing, DeVry Brasil, DeVry University, and Ross University Schools of Medicine and Veterinary Medicine. These institutions offer a wide array of programs in business, healthcare and technology. DeVry’s institutions serve students in secondary through postsecondary education and professionals in accounting and finance. For more information, please visit http://www.devryinc.com.

(Source: Business Wire )
(Source: Quotemedia)

Follow iStockAnalyst on Twitter Follow iStockAnalyst on Twitter
Subscribe to Email Alerts
Advertisement
Post Comment -- Login is required to post message
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
 




Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.