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

Chicago Industry Trends

As Chicago shifts in its industry, Chicago is welcoming an increase in the variety of business and real estate development projects. Office leasing activity is rebounding even as construction costs are rising as per the BOMA/Chicago Study tenants place greater value on amenities and places to be, which is driving them away from trophy new constructions to more collaborative areas. This trend is also apparent with retrofitting of existing buildings to facilitate flexibility in the use of firms that are looking to reduce or move to smaller spaces.

IT (Information Technology) has quickly become one of the fastest-growing industries in Chicago due to the growth of shared workspace providers like WeWork and Regus in addition to 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 among the three top manufacturing cities of the US, boasting concentrations in food and plastics, as well as metals. Manufacturing firms benefit from Chicago's central location that allows their products to be easily transported across the nation or globe. Additionally, the innovation in this sector is rapidly progressing thus Chicago offers numerous incubators like mHub.

Transportation and logistics are key economic drivers in the Chicago area, particularly when businesses shift away from traditional retailing towards online sales. Chicago is home to a broad shipping fleet including container ports, air cargo hubs, airports, inland waterways and rail yards. There are also well-developed intermodal facilities which provide access to the entire US supply chain.

Chicago remains well positioned to remain a leading economic engine due to the recent expansions of Chicago Mercantile Exchange - a world-class trading center and processing commodities - taking effect. Union Station serves thousands of Amtrak passengers daily while its port plays a vital role in the flow of regional commerce, handling containers as well as bulk goods.

Tourism in the Chicago region is also experiencing expansion, and is expected to increase to pre-pandemic levels later this summer due to several important events, including NASCAR race, Lollapalooza festival, Democratic National Convention and International Manufacturing Technology Show. O'Hare airport will see an increase in traffic as more airlines resume service and the government reduces travel restrictions. However, consumer trust could be affected as the prices for homes are extremely volatile Real estate agents can aid buyers to navigate these complexities and ensure informed decisions are made by buyers.