Comcast Adds 200 Jobs in DuPage County

New Technician Support and Logistics jobs created will play a crucial role in efforts to enhance the customer experience

Comcast announced today that the company is hiring nearly 200 new employees as part of an initiative to enhance the customer experience. The new hires will join about 290 existing Workforce Operations employees to create two new centers of excellence, a “Technician Support Center” and “Technician Logistics Center.” Continue reading

Western Access O’Hare Opens New Ramps

Published by the Daily Herald, read original article here

State and local transportation officials will be opening three much-anticipated ramps connecting Route 53 (westbound I-290) to Route 390 this weekend after a ribbon-cutting Friday. The ramps are part of the Elgin-O’Hare Expressway project to make O’Hare International Airport accessible from the western suburbs and to build a new tollway around the airport’s western flank. The completion of the full project is years away. Continue reading

Greatest Mid-Year Velocity in Seven Years

JLL’s Chicago Suburban Office Market Report

As vacancies have tightened across the suburbs, rental rates have been increasing. Year-over-year, Class A rental rates increased across all but one submarket at the same time that market wide vacancy rates decreased year-over-year. While North Lake County’s Class A rental rate did not increase year-over-year it did increase from last quarter rising by $1.57. This trend will continue as vacancy rates tighten further. This tightening will be supported by current tenants in the market looking for a combined 6.7 million square feet of space. Continue reading

Hub Group, Duchossois Building in Oak Brook

In Spring 2014, officials from Duchossois Real Estate LLC, announced the acquisition of four buildings in Oak Brook with the hopes of turning them into corporate office space. This comes on the heels of Hub Group’s announcement at the end of 2013 to move their headquarters into a new 130,000 square foot office building at York Road and 22nd Street in Oak Brook with a five-year lease.

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Wheaton City Council Selects CCS International to Analyze Costs of Downtown Strategic Plan

By: Jessica Cilella, Daily Herald The Wheaton City Council will work with an Oakbrook Terrace-based firm to analyze the cost of its estimated $52 million downtown strategic and streetscape plan. Suzanne Fitch was the only council member to oppose working with CCS International to define the costs and scope of proposed construction. Councilman John Prendiville was absent. Continue reading

Suburban Office Vacancy Falls to 8-year Low in Second Quarter

By: Ryan Ori, Crain’s Chicago Business Suburban office vacancy fell to an eight-year low in the second quarter, as expanding companies continued to boost demand for office space. Overall vacancy fell to 20.3 percent in the quarter, down from 21.3 percent in the first quarter and 23.7 percent a year earlier, according to Chicago-based Jones Lang LaSalle. It was the fifth consecutive quarterly decrease in unused space. Continue reading

Downtown Naperville Water Street District Construction to Begin Week of April 5

The Water Street District mixed use development proposed for the southern end of Downtown Naperville will include a mix of retail businesses, restaurants, a 158-room upscale, urban boutique hotel with luxury amenities and class A office space, as well as a 524 space parking garage. Construction of the Downtown Naperville Water Street District, which will include a 520-space public parking garage and 158-room boutique Hotel Indigo will begin with demolition of several existing buildings on the 2.8 acre site the week of April 5.  This will be followed by construction of a temporary dam to precede riverfront construction, as well as the installation and relocation of utilities. Continue reading