Spring cleaning isn't just cleaning out our closets, dusting above our kitchen cabinets, and dropping off our donations at Goodwill. For small businesses, now is the ideal time to clean up your company. Here are a couple steps we take each spring to clean up our own firm:
-Clean up your database.
Mall renovations seem to be trending throughout the Chicagoland area. From Charlestowne to Woodfield and Spring Hill, now Stratford Square Mall in Bloomingdale, Illinois joins in the effort of luring shoppers with new amenities and an updated look. Plans call for approximately $30 million of renovations in addition to the new 40,000 square foot entertainment center, called Round One.
On Friday we read an article detailing proposed renovations to Spring Hill Mall in West Dundee, Illinois. Mall owner, Rouse Properties, is proposing to village officials a $37.7 million renovation that will encompass approximately 174,000 square feet.
In 2005 Spring Hill Mall underwent $7.5 million of interior renovations.
Throughout Chicagoland we have seen a number of suburbs undergo changes to their downtown areas, including Naperville's new retail developments, St. Charles' First Street Development, and many more. In last week's Daily Herald Business Ledger, the mayor of Mount Prospect discussed upcoming changes to their downtown.
Recently we read two articles discussing two DIFFERENT commercial developments proposed in Oswego. One discussed changes to the riverfront/downtown area, while the other focused on a 534.6 acre MEGA mixed-use/residential development. Read on for more information on both proposed developments.
We know we've blogged about the multi-family/residential rental market in the past...but we just can't help discussing how HOT this market is still. In a recent Daily Herald article, renters in the US paid $441 billion for rental units in 2014, which is an increase of $20.6 billion from the previous year.
Over the past few weeks well-known, local brands have expanded into Glen Ellyn. Known for it's unique shops and one-of-a-kind restaurants, Glen Ellyn was an obvious choice for A Todo Madre and 1 Happy Girl.
A Todo Madre opened it's Glen Ellyn doors on November 4, 2014 after first opening in Geneva.
Back in June of 2012 our firm posted a blog about Electric Vehicle Charging stations (EVCs). You can refer to that blog here. In it we argue that landlords and developers should consider installing EVCs to attract tenants. We mainly discussed the need for these stations in retail developments, however there is a stronger need for EVCs in office and multi-use facilities lately which is outlined in a new article published by the Business Ledger.
For years, cities have preserved historical structures and neighborhoods, honoring the past. Naperville has an entire "settlement" devoted to decades past. Downtown Geneva is lined with both vintage commercial and residential buildings that seamlessly intertwine with the cobblestone streets and welcome tourists from afar.
This morning I stumbled upon this article (http://www.rejournals.com/2014/09/05/its-that-time-of-year-again-halloween-pop-up-stores-are-back/) on REJournals.com. Oddly enough, over the weekend I noticed that a Halloween "superstore" had "popped" up in my neighborhood shopping center.