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To: KeyLargo

Key Largo - I totally agree with your numbers and observations, that is why all of the business expansion in Illinois defies logic.
Warehouse and distribution is still classified as Industrial Space.
In 2015-16 Illinois - Mostly on the I-80 &55 corridor, 87 new companies moved in from other states.
In 2016, Q2 &3 = 17.3 Million square feet of industrial buildings being developed.
The old Joliet Arsenal Property is nearly full due to the growth of the BNSF Inter-modal.
Wilmington, Elwood and Joliet are adding 1000’s of new jobs to staff the building boom.
It is crazy and does not make any sense, but it is the reality of what is going on with business growth in Illinois.


79 posted on 12/21/2016 3:46:27 PM PST by EC Washington
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To: EC Washington; KeyLargo
Chicago is the freight rail capital of the US; it's the national hub. It's also the hub for a number of interstate highways. Distribution firms want to be near both modes of transportation, and the greater Chicago metroplex offers that in spite of predatory taxes and a confiscatory labor union system.

Once the CREATE project untangles and unjams the bowels of Chicago's freight yards and facilitates movement through the area, it will become even more desirable as a location for distribution.

80 posted on 12/21/2016 3:52:37 PM PST by Publius ("Who is John Galt?" by Billthedrill and Publius now available at Amazon.)
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