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What a Chicago 2016 Summer Olympics Means for Chicago’s Retail and Restaurant Construction Industry

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But just how would Chicago hosting the Olympics affect the city’s restaurant and retail construction activity ? Given the fact that most national and international retailers already have stores in Chicago, most retail construction will involve remodeling and expansion of existing stores. Here are a couple of my predictions….

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Industry Focus – Retail: Less Than Six Degrees of Separation

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Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. The health of this industry is a vital economic indicator since sales tend to be driven by personal income, consumer confidence and interest rates. Credit: City of Cape Coral). percent.

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Industrial Warehouse Space, Distribution Center Demand Remains Strong

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Despite anaemic job growth, the demand for industrial warehouse space and modern distribution centers remains strong, according to Colliers International’s Global Industrial Midyear 2013 Highlights Report , released on July 8, 2013. An additional two million square feet are in the planning stages and expected to be complete by 2015.

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California-Based E-Retailer Picks Indy For New Distribution Center

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an electronics-focused e-retailer, has announced plans to locate a new warehouse facility in Indianapolis, IN, creating up to 150 new jobs by 2015. The City of Industry, CA-headquartered company will invest $20 million to lease, renovate and equip an order fulfillment facility in Indianapolis. Newegg, Inc.,

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New Jersey Tax Credits Encourage Job Creation, Investment

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If the company opts for New Jersey over leasing a competing facility in the Bronx, the project would result in the creation of 40 new jobs and private investment of more than $8.9 Within advanced manufacturing, employment in food manufacturing is second only to chemical manufacturing, with more than 31,500 employed in New Jersey in 2015.

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BUSINESS REPORT: Hat World Puts Expanded Headquarters In Zionsville, IN

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a homegrown Hoosier company, manufactures sports apparel and operates retail stores primarily under the LIDS brand, a familiar mecca for team caps in shopping malls across the U.S. The homegrown Hoosier company, which manufactures apparel and operates retail stores primarily under the LIDS brand, will invest $21.8 Hat World, Inc.,

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Elio Motors Announces Vehicle Manufacturing Facility In Shreveport, LA

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plans to create 1,500 new direct jobs by late 2015 paying an average annual salary of $47,700, plus benefits, as well as make a capital investment in excess of $100 million. Targeting a retail cost of $6,800, the company will position the Elio vehicle as a cost-effective alternative to four-wheeled autos. Elio Motors Inc.