- Jan 17, 2019
With redevelopment the hot topic of conversation in Northbrook, the Chamber is excited to announce that the 2019 Annual Meeting & Dinner will feature a presentation by noted Chicago commercial developer Scott Goodman. Drawing on over 30 years of real estate experience, including the successful transformation of many of Chicago’s most recognizable properties, Goodman will share his unique perspective on how to enhance communities by creating new uses for existing spaces.
Goodman began his real estate career in the mid-1980s, launching the Sterling Bay development firm on seed money raised from friends and family. Over time, he refined a winning approach of revitalizing existing commercial buildings, with innovative strategies like loft office space and condo/commercial subdivision of buildings. During his tenure at Sterling Bay, the company grew to a team of over 200 with major projects for clients including Google, Sara Lee, and gogo. In 2015, he was named to Chicago Magazine’s list of the 100 Most Powerful Chicagoans.
In 2016, Goodman departed Sterling Bay with a desire to transition to a more streamlined operation. His new company, Farpoint Development, continues to be a leading force in notable Chicago projects, from the restoration of the historic Uptown Theater to the ambitious development of the 200-acre Burnham Lakefront mixed-use district. Farpoint is also one of the partners pursuing new purposes for Northbrook’s former Green Acres Country Club property.
Goodman earned a BA in economics from the University of Michigan and an MBA from Northwestern University’s Kellogg School of Management. He is a member of the Chicago Economic Club, and sits on the Board of Directors for the Heartland Alliance and the PKD Foundation.
Goodman’s address at the Annual Meeting will touch on the challenges and rewards of redevelopment, the importance of building relationships with stakeholders and public/private partnerships, and how to adapt existing assets to meet the changing needs of customers and the community at large.