Articles About Development

Author:
Kristian Lee
Posted:
07.28.2010

Illiana Expressway to Bring Growth, New Jobs to Will County, IL

A historic partnership between the states of Illinois and Indiana gave the green light to constructing the Illiana Expressway, a 56-mile superhighway whose goal is to ease traffic congestion, create jobs and promote economic growth.  Illinois Governor Pat Quinn and Indiana Governor Mitch Daniels recently signed an agreement to construct a roadway that connects Interstate […]

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Author:
Tom Silva
Posted:
07.27.2010

John Vivadelli: The Real Estate Perfect Storm

Commercial real estate is currently experiencing a perfect storm, one that will utterly change the way corporations utilize their office space in the future.  This is the opinion of John Vivadelli, CEO and founder of AgilQuest Corporation and a well respected industry expert in the fields of alternative office environments; real estate metrics and cost […]

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Author:
Mark McDowell
Posted:
07.26.2010

Let the Sun Shine!

A once-abandoned 40-acre industrial site in Chicago’s West Pullman neighborhood has become home to 32,000 solar panels since December, part of the nation’s largest solar plant capable of generating 10 megawatts of clean power. That’s enough to power 1,500 homes.  According to Kevin Lynch, who trains electricians to install solar panels for the International Brotherhood […]

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Author:
Matt Ward
Posted:
07.22.2010

European Nations Look Into Selling Public Assets to Resolve Debt

Debt-laden European governments seeking ways to raise money are considering the possibility of selling public properties such as office buildings.  Countries considering selling assets include Germany, the U.K., France and Greece, all of which were hit hard by the global banking crisis. “It is clear that several European governments are looking to secure disposals on […]

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Author:
Randy Thomas
Posted:
07.19.2010

Up In the Sky! It’s 2010’s Best Tall Buildings

The Council on Tall Buildings and Urban Habitat (CTBUH) recently announced the finalists for its 2010 “Best Tall Building” awards.  The annual awards recognize exceptional tall buildings from each of four geographical regions and are chosen for their design and technical innovations, sustainable attributes, and the enhancement they provide to their cities and the inhabitants. […]

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Author:
Tom Silva
Posted:
07.13.2010

Australia Rules In Market Transparency

Jones Lang LaSalle and LaSalle Investment Management have noted reasonable improvement in global market transparency, according to their recently released 2010 Commercial Real Estate Transparency Index. According to the Index, Australia ranks as 2010’s most transparent market.  Canada is next in line, and improving markets include China, India, Poland, Portugal, Romania, Greece and Hungary.  Market […]

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Author:
Mark McDowell
Posted:
07.12.2010

Tornado-Ravaged Greensburg, KS, Rebuilding Itself as a Green Town

Three years after an EF5 tornado tore apart tiny Greensburg, KS, the town of approximately 900 is making a conscious effort to rebuild itself as a green community. City officials, residents and business owners are leading by example, making Greensburg a national model for environmentally conscious living. For example, a wind farm five miles south […]

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Author:
Sam Gould
Posted:
07.08.2010

Accounting Rules Revision May Impact CRE Leases

A new accounting standard could alter the way tenants lease space, a move that carries serious implications for commercial real estate.  The Financial Accounting Standards Board (FASB) has been cooperating with the International Accounting Standards Board to combine its generally accepted accounting principles (GAAP) with international standards. According to Russell G. Golden, the FASB’s technical […]

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Author:
Matt Ward
Posted:
06.30.2010

Commercial Real Estate Is Recovering

After nearly two years of waiting, watching and hoping, American commercial real estate is finally regaining strength. This is one conclusion of the Reuters Global Real Estate and Infrastructure Summit held recently in New York City.  Starting in the fall of 2008, real estate investors feared there would be a wide-ranging sell-off of debt-laden commercial […]

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Author:
Todd Yates
Posted:
06.24.2010

Texas’ Big Economy Sets the Stage for Post-Recession Growth Surge

Is there something special in the water in Texas?  After surviving the Great Recession in relatively good shape, the Lone Star State can claim that it has more jobs than it did two years ago, as well as the lowest unemployment rate of the 10 largest states at just 8.3 percent.  According to the Texas […]

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