• 목록
• 답변
• 글쓰기
• 게시판 리스트 옵션
  • 수정
  • 삭제

Chicago Industry Trends

As Chicago shifts in its industry, Chicago is welcoming an expanding variety of new business and real estate development projects. Office leasing activity is rebounding regardless of the rising cost of construction, according to the BOMA/Chicago Study Tenants place more importance on amenities and placemaking, leading them away from lavish new construction to more co-operative areas. This trend is also apparent through retrofitting of existing buildings to allow for flexibility for businesses as they downsize or relocate to smaller areas.

IT (Information Technology) has quickly become one of the fastest-growing industries in Chicago due to the proliferation of shared workspace companies like WeWork and Regus and also due to the fact that IT firms profit from Chicago's infrastructure that is strong and its proximity to other talent pools in different sectors. Additionally, 1871 incubator has been recognized as one of the premier incubators worldwide.

Chicago is one of the three most productive cities across the US and has a strong presence in food manufacturing, plastics and metals. Manufacturing companies profit from the centrality of Chicago, which makes their products easy to transport across the nation or globe. Additionally, the innovation in the industry is rapidly advancing thus Chicago provides numerous incubators, such as the mHub.

Logistics and transportation are the main economic drivers for the Chicago area, particularly when businesses shift away from traditional retail and move to online sales. Chicago has a wide shipping fleet, including container ports, air cargo hubs, airports, inland waterways, and rail yards. There are also strong intermodal facilities that provide access to the entire US distribution chain.

Chicago is well-positioned to remain an economic powerhouse with the recent expansion of Chicago Mercantile Exchange - a global center for trading and processing commodities – taking effect. Union Station serves thousands of Amtrak passengers every day, while its port is a key component of regional commerce by handling both containers and bulk items.

Tourism in the Chicago region is also seeing growth and will return to pre-pandemic levels this summer as a result of several major events including NASCAR race, Lollapalooza festival, Democratic National Convention and International Manufacturing Technology Show. O'Hare airport will see an increase in circulation as more airlines begin service, and the government eases travel restrictions; however consumer confidence could suffer due to the fact that the markets for housing are highly volatile; real estate professionals can help buyers navigate these nuances and make sure informed decisions are being taken by buyers.