March/10/2022 issue...
$75M Division Street Project - DUNS to UEI - Free Trade Info, Roundtable -
St. Patrick's Day Hoopla - New Property Tax Incentive - DPD Survey
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$75M IDOT Project:
Division Street Bridge Replacements
NorthBranch Works, a delegate agency of the City of Chicago Department of Planning & Development, recently convened to announce a $75M Department of Transportation Infrastructure project planned for its service area: replacing two bridges on Division Street between I-90 and Cleveland Avenue and rehab of the Cortland Street Bridge.
Built in 1904, the historic single-span, two-lane Division Street Bridge will be a five‐lane, tied‐arch structure. Because this section of the river is a navigable waterway, the new bridge will also have a vertically lifting arch span enabling additional elevation. Plans for both structures include an under‐bridge riverwalk to connect eventually to the established system through downtown Chicago. During construction, temporary bridges will be built to the north of each bridge and accommodate one lane of traffic in each direction.
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DUNS to UEI Transition
By April 2022, the federal government will stop using DUNS - the Data Universal Number System necessary for anyone doing business with the federal government. Going forward the identifier will be assigned by System Award Management (SAM). This transition streamlines the ID and validation process. To learn more and what, if any, action you need to take, click here.
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Free Trade Agreements...a great way to
sell products and services to international customers.
Free Trade Agreements help small businesses enter and compete in foreign markets. By lifting trade barriers and creating stable, transparent trading and investment environments, FTAs reduce trade costs and give businesses a competitive edge in the international marketplace.
The Office of International Trade (OIT) has several resources.
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Join SBA's Next Learn to Trade Virtual Roundtable
"Accessing the Mexican Market"
Tuesday, March 15th - 1 - 2 PM
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Survey is open until 3/21/22
What Would YOU Like to See?
There are about 10,000 vacant City-owned lots. The Chicago Department of Planning & Development (DPD) is asking for feedback and opinions from the public on using these properties to promote opportunities for neighborhood development, community growth, and land stewardship. Focus groups will convene later this year to review the input.
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CHICAGO PROPERTY INVESTORS, LLC
Contact Michael Goldstein - 773/504-1200
Hard-to-Find, Inexpensive Space in Chicagoland;
500' to 160,000' sf - Short & Long-term Leasing
FOR SALE - 4850 W. BLOOMINGDALE AVENUE, 60639
160,000 SF - $4.2MM
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Building is 100% fully sprinklered - Ceiling heights to 18’ with clear height up to 16’9”
Power Supply Amps: 1,200-3,600 Volts: 240 Phase: 3 Wire - Zoning M1-2 -
Light Manufacturing - Five (5) interior truck level docks with capability to add more - Convenient to major corridors - Class I, II, & III truck routes -
Well-capitalized ownership willing to invest into building/build to suit
For other sites for lease through Chicago Property Investors: Click Here.
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St. PATRICK'S DAY...Chicago Style
Click on the event/venue to go to website
March 12th, 2022
Resource for parade route, grandstand seating, and more
4626 N. Knox Avenue, Chicago 1PM to 11:30 PM -
Enjoy the best of Irish Music, Dance, Food & Drink
2 to 8 PM - Ticket include admission, official crawl t-shirt, breakfast, a gift card, giveaways and more.
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Irish immigrants flocked to Chicago in the 1800s,
making up a fifth of the city's population by 1850. Chicago's
best Irish pubs offer perfectly poured Guinness, extensive
whiskey selections and tasty pub fare.
Zack Long, TimeOut, 2/2/2022
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The Affordable Housing Special Assessment Program (AHSAP) reduces an apartment building's assessed value when the owner makes significant renovations and rents a minimum proportion of units at an affordable rate. To be eligible, buildings must have seven or more units; new construction developers can also apply.
Application deadline is 3/31/2022.
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With so many causes and organizations soliciting donations, the Charity Navigator is invaluable to ensure your gift is going to the right place and has an impact. The Navigator evaluates and rates U.S. NFPs for their financial stability, and adherence to best practices for accountability and transparency. Click here to access the Navigator
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Looking to Buy, Sell or Lease?
Check out IBC's Commercial/Industrial Real Estate Inventory...
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