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

HardHatChat

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

Buisness Facilities Contributed Content

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 Tarpon Point Resort at Marina Village is home to a number of upscale retail shops and restaurants. By the BF Staff From the March/April 2016 Issue. Credit: City of Cape Coral). percent.

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Nevada Stops Subsidizing Net Metering

Green Building Law Update

In the final days of 2015, Nevada became the front line in the looming nationwide fight over energy policy when the Public Utilities Commission of Nevada altered rates for net metering impacting homeowners with rooftop photovoltaic panels. But the retail rate is at an actual loss to the monopoly utility.

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

Buisness Facilities Contributed Content

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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Promoting Electric Vehicles as Environmental Policy or Corporate Welfare

Green Building Law Update

Maryland residents may be eligible for a one time excise tax credit, up to $3,000.00, when they purchase or lease a qualifying plug-in electric vehicle through June 30, 2017. The rebate is 50% of the purchase and installation price capped for residential at $900, commercial at $5,000, and for retail service stations at $7,500.

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Industrial Warehouse Space, Distribution Center Demand Remains Strong

Buisness Facilities Contributed Content

New space is often build-to-suit for major retailers and manufacturers, as an estimated 40% of existing U.S. An additional two million square feet are in the planning stages and expected to be complete by 2015. India Invests in Multi-Brand Retail Trading: Economic growth remained stagnant in India.

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New Jersey Tax Credits Encourage Job Creation, Investment

Business Facilities

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.