Report: State's home construction among lowest in the nation in 2018
Aug 12, 2019 11:57 AM -
A new report that shows fewer homes are being built in the Illinois than in previous years.
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Construction
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McCann opens new location in IndianaAug 6, 2019 8:42 AM - McCann Industries, Inc. said it is opening a new location in Merrillville, Ind. to support construction growth in the region.
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Construction begins on townhouses at former Rolling Meadows Dominick's site
Aug 5, 2019 5:41 PM - Monday marked a new chapter for the former Dominick's site in the Rolling Meadows' downtown, with construction equipment on site and city officials putting shovels in the ground to ceremonially break ground on a new townhouse project. -
Kirchoff Road resurfacing still on schedule to be done by September
Jul 26, 2019 5:20 AM - Despite the traffic headaches during the summer months, a long-planned resurfacing of Kirchoff Road in Rolling Meadows remains on schedule with its expected completion by September, city officials said this week. -
Shuttered Elk Grove motel demolishedJul 24, 2019 1:20 PM - One of two shuttered motels at the eastern entryway to Elk Grove Village has been demolished as part of a planned redevelopment of the area.
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CA Industrial starts construction on warehouse
Jul 23, 2019 11:09 AM - CA Industrial, the industrial investment and development division of CA Ventures, has started construction on CA Elk Grove, a 146,029-square-foot speculative Class A warehouse at 550 E. Devon Ave. in Elk Grove Village. -
Premier begins construction on warehouse project
Jul 22, 2019 4:13 PM - Premier Design + Build Group broke ground on a 219,000-square foot speculative warehouse along the I-55 corridor in Bolingbrook. -
LPC to build logistics center in Carol StreamJul 17, 2019 11:38 AM - Logistics Property Company, a logistics real estate platform focused on the acquisition, development and management of properties, has acquired 11.79 acres of land in Carol Stream.
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MYR Group acquires CSI Electrical ContractorsJul 16, 2019 2:09 PM - MYR Group Inc. announced it has acquired CSI Electrical Contractors, a full-service electrical contractor headquartered in Santa Fe Springs, California, for approximately $79.7 million.
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Original AT&T headquarters designer tabbed for Bell Works project
Jul 12, 2019 2:45 PM - The original designer of the former AT&T headquarters campus in Hoffman Estates has selected to lead the redevelopment of the site into a "metroburb," the developers announced this week.
Business Insights
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Co-working space or office lease? The bottom line isn't just moneyThe popularity of co-working arrangements over traditional office leases continues to grow, and it's easy to see why. They're more flexible, require much less planning, and offer substantial cost savings on both space and services. No wonder today's millennial workforce loves them. What's not to like? Plenty, argue attorneys Scott Hargadon and Holly Eubanks, specialists in leasing law at Meltzer, Purtill & Stelle, a leading Chicago area commercial real estate law firm. Beneath the seemingly obvious benefits, the two point out, lurks a quagmire of potentially costly risks, due largely to a lack of well-defined rights and regulations. -
Business laws up-to-dateThis summer saw some business-critical legislation become laws. Updates are provided here on two new laws,
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