West Town's New Industrial Development - Buy American Regs - Give Your Two Cents re OT Changes - State of Illinois Secure Choice - Manager or Leader? - Speakeasies & Gin Mills...

New Industrial Facility Going Up at 1237 W Division The Chicago Plan Commission has approved a new industrial development at 1237 W. Division Street. The two-building development is Chicago’s first Class A, multi-story logistics facility built close to downtown, and it replaces an empty lot and a parking lot once owned by Peoples Gas. Click here to get the details. Ian Achong, Yimby Chicago - 4/27/2022

City Council Approves Public Spaces In Logan Square  The Chicago City Council approved rezoning for two new public spaces at 2550 N Milwaukee Avenue and 2420 N Sacramento Avenue in Logan Square. The underutilized lots are being developed by the Chicago Park District in collaboration with Alderman Scott Waguespack and local community groups. Learn more here.

DOL Listening Sessions on Overtime Regulations  The Department of Labor’s Wage and Hour Division is reviewing regulations implementing the Fair Labor Standard Act’s minimum wage and overtime exemptions for bona fide executive, administrative, and professional employees. It is soliciting feedback at several virtual Overtime listening sessions in May and June for both worker and employer stakeholders; the sessions are organized by region.  Click here to view the schedule of sessions and register to participate. If you have questions, please send an email to OTSessionInquiries@dol.gov.

GSA & DOD New Buy American Rule In March 2022 the Administration pledged the United States government would “buy American” when spending federal money on infrastructure and other procurements. In line with that goal, the General Services Administration (GSA) and Department of Defense DOD) announced a rule changing the federal rules around procurement requiring more federal spending aimed toward American business. Click to learn the details in Final Rule Strengthens Buy American Act Requirements for US Government Contractors and Their Supply Chains Cameron R. Edlefson & Marcia G. Madsen, Mayer Brown - 3/14/2022

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/LEASE... 4850 W. Bloomingdale Avenue, 60639 160,000 SF - $4.2MM Click here for brochure Click for available leasing space

Other Chicago Property Investors sites for lease - Click on address for listing details 3105-09 N. Rockwell Street, 60618 - .23 acre industrial land w River frontage 3065 N. Rockwell Street, 60618 - 4,200 sf industrial space for lease 3850 W. Cortland Street, 60647 - 45,330 sf industrial space for lease

About Illinois Secure Choice The Illinois Secure Choice Savings Program (Secure Choice) is a simple, straightforward way to provide employees a venue to save money for retirement. While employers register for the program and provide information, they are not considered plan fiduciaries. They do not pay any fees, make contributions into the accounts, and are not responsible for plan paperwork or administration.   Illinois businesses with at least five employees, that have been in business for two or more years, and who do not currently provide a retirement plan must either begin offering a qualified plan or automatically enroll their employees into Secure Choice. Secure Choice is also available to individuals who choose to sign up separately from an employer. Click to learn more about Secure Choice  Michael Frerichs, Illinois State Treasurer

Take This Important Quiz... Are You a Better Manager or Leader? The business world needs both great leaders and great managers, but most people don't do both well. Take this quiz and find out which style is yours. Click to take the quiz By Kevin Daum, Inc. 500 entrepreneur and best-selling author

from Chicago Thrilllist... How to Get Into Chicago’s Best Speakeasies & Secret Bars Slip back into the Roaring Twenties and track down some fun and maybe a bit of mystery. Gather a group and checkout some of the Chicago speakeasies and gin mills. Here are the best hidden and speakeasy-themed bars in Chicago

Looking to Buy, Sell or Lease? Check out IBC's Commercial/Industrial Real Estate Inventory...

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