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Zoning that restricts housing construction also dampens other economic development

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Zoning restrictions are making the construction of housing more difficult, and that is driving up the cost of housing in many cities. They estimate that zoning restrictions reduced U.S. GDP as a whole by 9% percent a year, or roughly $1.5 trillion a year.

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FEATURE STORY: Game-Changer In The Heartland

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Their flexibility and standard size have made them popular worldwide with an estimated 17 million intermodal containers in the world today. It is served by Norfolk Southern, Canadian National and CSX railroads, and provides lower cost and efficient shipping options to the east, west and gulf coasts, bypassing the congestion of Chicago, St.

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INDUSTRY FOCUS: Points of Entry for Cash-Rich Cargo

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CHICAGO EXEC ANCHORS WHEELING. The Village of Wheeling’s manufacturing base is anchored around its general aviation airport, Chicago Executive Airport, the third busiest in Chicagoland. Chicago Executive Airport serves as a hub for business and industry and as a logical magnet drawing businesses to the area. Port of Stockton.

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West Michigan Lands Largest Third-Party Data Center In Eastern U.S.

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SUPERNAP Michigan will be 2 milliseconds from Chicago and 14 milliseconds from New York. Nevada is in the Pacific time zone and Michigan is in the Eastern time zone and the prime campus locations have low millisecond access to the largest people hubs in the U.S

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Icy Hot

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At the conclusion of the World Economic Forum last week, Russian Foreign Minister Sergey Lavrov declared that Russia is eager to mine the Arctic for rubles and prepared to partner with other nations to develop its portion of the Arctic zone.

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Location Focus: Illinois – Trying to Make Headway in Every Way

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In less than four months, 2,830 homebuyers in 85 counties have reserved more than $360 million in financing, creating an estimated 1,400 new jobs. Arlington Heights is a growing, thriving community just northwest of Chicago, home to 76,000 residents with an average household income of $95,000. Quinn said. “I

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FEATURE STORY: 2013 Economic Development Awards

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Less Taxing,” aired for six months in the NY/NJ/CT, Boston and Chicago markets. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones. The City has two HUB Zones through SBA, and is a New Market Tax Credits eligible community.

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