The Chicago suburban and CBD office market fundamentals showed third quarter improvement, marked by positive absorption totals and declining vacancy rates. Continue reading
Month: October 2015
Employee-Inspired Invention Places ComEd on Top 100 Finalists List for 14th Annual Chicago Innovation Awards
Patent-pending safety device protects electric utility workers from potential dangers.
Out of 535 nominees ComEd, the largest utility in Illinois, has been selected as one of the Top 100 Finalists in the running for the 14th annual Chicago Innovation Awards. The awards celebrate the most innovative new products and services in the Chicago region across all organization sizes, sectors and industries. On October 27, more than 1,500 business and civic leaders will come together at the Chicago Harris Theater to honor the winners of the prestigious innovation awards. Continue reading
Pace brings better transit to the Aurora area, effective October 26
Highlights include improved service frequency and hours of service
Beginning October 26, transit riders in the Aurora area will begin using an all-new service model that they helped to design. Pace conducted intensive research and held multiple rounds of public feedback sessions to make a series of service revisions designed around what riders said they wanted: bus routes that operate more frequently, later at night and that travels to newly developed retail destinations around the area. Continue reading Coriant Announces New Leadership to Drive Growth
Coriant, a proven supplier of innovative networking solutions to leading network operators in over 100 countries, announced that Shaygan Kheradpir has been named Chief Executive Officer and Chairman of the Board. Shaygan joins Coriant after having worked closely with the senior management team since earlier this year in the role of Operating Executive to Marlin Equity Partners (“Marlin”). Continue reading NAI Hiffman represents Deen Investments in new 12,171 SF lease
First Student, a transportation company that provides safe, reliable and cost-effective transportation services to school districts, is relocating to 1717 Park Street in Naperville, Illinois. Deen Investments is currently in the process of adding highly desired tenant amenities and renovating common areas at the building. Continue reading
Letter From the President & CEO, John Carpenter
Dear DuPage County Businesses, Residents & Stakeholders,
It is an honor to have been selected as President & CEO of Choose DuPage. In the month since I have been at Choose DuPage, I have continuously been impressed and inspired by the collaboration between the public and private-sectors to grow and expand our economy. Continue reading
Illinois: A Natural Leader
Illinois has a more than $700 billion economy and is an international center of global commerce. It is a leader in industries such as clean energy, IT, advanced manufacturing and financial services with a complex transportation network of rail, interstate highways, ports and airports. In addition, the more than 30 Fortune 500 companies (e.g., Integrys Energy Group Inc., LKQ Corporation Inc., Boeing) that call Illinois home find that over 60 percent of the workforce has a degree beyond high school. Continue reading
Suburban Office Market Shows Improvement
The Chicago suburban and CBD office market fundamentals showed third quarter improvement, marked by positive absorption and declining vacancy rates. Continue reading
Downers Grove Business, Blue Diamond Athletic Displays, Receives Metro Chicago Exports Grant
Finisher medals are a symbol of hard work, dedication and accomplishment, to say the very least for some. That’s why husband and wife, Ken and Nell Posmer of Downers Grove decided to find a better solution to showcase their hard earned Medals rather than store them in a drawer.
After completing the Boston Marathon, Ken decided his finisher medal was too precious to toss in the drawer with the rest. Using his engineering skills combined with Nell’s artistic talent, the two created a very unique stainless steel Medal Display to showcase Ken’s accomplishments.
Continue reading
Work begins on Wood Dale Interchange to new Route 390 O’Hare access road
The new Route 390 western access road to O’Hare won’t be complete for two years, but work gets under way this week on the Wood Dale Road Interchange, which will provide full access to the new all electronic tollway.
The $26 million interchange, part of the Elgin O’Hare Western Access Project, is scheduled to be complete by the end of 2017, according to the Illinois Tollway. It replaces the signalized intersection at Thorndale Avenue and Wood Dale Road, and provides access to Route 390 via eastbound and westbound frontage roads. Continue reading