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Legalized Marijuana: Opportunities and Impact for Commercial Real Estate and Construction

HardHatChat

A version of this post was published in Illinois Real Estate Journal as a byline article from Englewood Construction. Earlier this summer, Englewood Construction’s home state of Illinois passed a bill making it the 11 th state in the U.S. to legalize the use of recreational marijuana. Think Nationally, Build Locally.

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Illinois governor signs $45B state construction bill

Construction Dive

The new capital plan will be funded through increases in the state's gasoline and cigarette taxes, as well as through an expansion of legalized gambling.

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Changes to Illinois’ Mechanics Lien Laws Simplifies Notices in 2025

Levelset

Starting January 1, 2025, Illinois subcontractors will see significant changes to how they can deliver lien notices under the Illinois Mechanics Lien Act. First and foremost, eliminating “delivery restricted to the addressee” is a critical update to Illinois’ lien laws. Bob Morgan & Sen.

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Biden Administration Rescinds Rule Affecting Construction Workforce

Pro Builder

This affected the industry by limiting legal immigration, ultimately affecting the home building workforce. Soon after the Public Charge Rule was enacted, a number of entities filed suit challenging its legality. In November 2020, the U.S. The court’s ruling echoed comments NAHB filed on the rule when it was first proposed in 2018.

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Flagship Store Retail Construction: 3 Reasons Brands Still Build in a Flagship Location

HardHatChat

A more recent example of this was speculation in Chicago about cannabis operators scouting space for dispensary locations on the Mag Mile in advance of recreational marijuana being legalized in Illinois as of Jan.

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Blockchain has come to Real Estate

Green Building Law Update

Delaware, Nevada and Illinois also have blockchain authorizing laws; as do Dubai and Israel. It may well be commercial leasing will elevate blockchain in the marketplace ahead of deeds because leasing transactions do not require involvement of a government registrar.

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constructionattorneyblog: illinois supplier denied mechanics lien

Construction Lawyer

He is also a founding member of the Society of Illinois Construction Attorneys. His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. Zahn is a licensed architect and attorney in the State of Illinois. He is currently on the Illinois Architecture Licensing Board. Shawn Goodman.

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