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

Chicago Industry Trends

As Chicago industries evolve, Chicago is welcoming an expanding variety of new business and real estate development projects. Office leasing activity is increasing despite rising construction costs according to the BOMA/Chicago Study; tenants place greater importance on amenities and location-making, thereby transferring them away from imposing new construction to more co-operative space; this trend can be observed by retrofitting existing buildings, allowing for more flexibility for businesses as they downsize or relocate into smaller spaces.

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

Chicago is one of the three top manufacturing cities in the US that has high concentrations of food and plastics, as well as metals. Manufacturing companies benefit from the centrality of Chicago, which makes their products easily transportable across the globe or across the nation. Additionally, the innovation in the manufacturing industry is rapidly growing thus Chicago has many incubators like mHub.

Logistics and transportation remain major economic drivers in the Chicago area, especially as companies transition away from traditional retail and move to online sales. Chicago has a wide shipping fleet including container ports as well as air cargo hubs, airports, inland waterways and rail yards. It also has extensive intermodal facilities that connect to the entire US distribution chain.

Chicago remains well positioned to remain an economic powerhouse with the recent expansion that has seen the Chicago Mercantile Exchange - a global center for trading and processing commodities - coming into effect. Union Station serves thousands of Amtrak travelers every day. The port serves as a crucial part of regional commerce, handling bulk and container items.

Tourism in Chicago region is also experiencing expansion, and is expected to be back to pre-pandemic levels by the end of in the summer, Illinois Press (supplemental resources) due to a variety of major events such as NASCAR races, Lollapalooza Festival, Democratic National Convention and International Manufacturing Technology Show. O'Hare airport should see improved flow of passengers as more airlines resume service and the government decreases travel restrictions. Nevertheless, consumer confidence could suffer as prices for homes are extremely volatile; real estate professionals can assist buyers with these complexities and ensure that well-informed decisions are made by buyers.