Category: News

Brewster Creek Business Park Continues Driving Economic Development in Bartlett

Posted on | by brent
Home to 75 businesses housed in 35 buildings, the Village of Bartlett has a sophisticated network of connected businesses, suppliers, and associates in a specific field that are all located in the same geographical area, known as a business cluster. The Village of Bartlett is creating this type of occurrence at Brewster Creek Business Park, located just west of Route 59 along Stearns Road. Cheese Merchants of America recently relocated its highly successful business to Brewster Creek, joining Greco & Sons Foods, Rana Meal Solutions and Get Fresh Produce in the business park. Continue reading →

Nic Zito of Rev3 Innovation Center to be Honored in Annual Entrepreneurial Excellence Awards

Posted on | by brent
REV3 FINAL LOGO Nic Zito will receive the Outstanding Service to Entrepreneurs Award. Naperville, Illinois – Rev3 Innovation Center’s Nic Zito will be honored in the 16th Annual Entrepreneurial Excellence Awards hosted by the Business Ledger and sponsoring partners September 16. Zito is being honored in the Outstanding Service to Entrepreneurs category and will be profiled in the October 12 Business Ledger issue. “Having the opportunity to help Rev3 grow has been a terrific experience, and I’m proud to play a role in the success of the businesses who work and learn here,” said Nic Zito. Continue reading →

ComEd Recognized as One of the Top 10 Utilities for Economic Development

Posted on | by brent

Industry-leading publication highlights ComEd’s capital investments totaling more than $3 billion and the creation of 22,000 new jobs across northern Illinois.

Site Selection magazine has named ComEd to its annual list of Top 10 Utilities in Economic Development for 2015 in its September edition.

The magazine credits ComEd’s Economic Development Team and its successful collaboration with state and regional partners for delivering a total projected capital investment of more than $3 billion and nearly 22,000 new jobs across northern Illinois. Site Selection is a national trade publication read by corporate executives, site location consultants, and real estate professionals who are responsible for choosing business and industry locations. Continue reading →

Oak Brook could get 4-story medical center on York Road

Posted on | by brent
By: Chuck Fieldman, Pioneer Press A 70-foot tall ambulatory care center and parking structure is what officials from Rush University Medical Center and Midwest Orthopaedics at Rush hope to develop on 3.5 acres of vacant property in Oak Brook. Representatives from both groups presented the plans to the Oak Brook Village Board Tuesday for what they hope to build at 2011 York Road. The board’s review is the first step in the planned development process. Continue reading →

Coriant Brings Optical Transport Innovation to the Kingdom of Bhutan

Posted on | by brent

Bhutan Telecom Selects Coriant® hiT 7300 Multi-Haul Transport Platform for New HighCapacity DWDM Backbone Network Optimized for Mobile and Fixed Line Broadband Services.

Coriant, a global supplier of SDN-enabled transport networking solutions, today announced that Bhutan Telecom, the leading provider of telecommunications and Internet services in the Kingdom of Bhutan, has selected the Coriant® hiT 7300 Multi-Haul Transport Platform as the backbone solution for its new country-wide DWDM infrastructure network. With innovation in photonic layer programmability and industry-leading scalability to 100G and beyond, the Coriant solution will enable Bhutan Telecom to cost-effectively scale optical transport capacity as bandwidth-intensive end-user applications and services drive demand for increased network bandwidth. Continue reading →

Water Street Update

Posted on | by brent
It’s been about three months since ground was officially broken on Marquette Companies Water Street District Development, and in that time plenty of big changes have already taken place down this small street in Naperville. But things haven’t all gone as planned. Continue reading →

Community Invited to Tour Advocate Good Samaritan Hospital’s New Pavilion

Posted on | by brent
A dedication and open house for Advocate Good Samaritan Hospital’s new Deb and Alan Feldman Cardiovascular Pavilion is scheduled at 4 pm Aug. 25 at the hospital, 3815 Highland Ave. The public is invited. Cardiologists Stephen Rowley, Eleanor T. Ross, and Gaile Sabaliauskas are scheduled to answer questions from attendees as part of a panel discussion on topics related to heart health. Continue reading →

Suburban Offices Refilling Office Space Left by Companies Moving to City

Posted on | by brent
By: Ryan Ori, Crain’s Chicago Business A run of big-name companies moving offices from the suburbs to downtown Chicago is a lift for the city, but many of the jilted villages and landlords are refilling the abandoned space, signaling that suburbia still is a valued address for business. The one-way flow into the city has been accelerating. In just the past month, Kraft Heinz announced it will move its Kraft Foods Group headquarters to the East Loop from Northfield, while ConAgra Foods and Motorola Solutions are in talks to lease chunks of downtown office space big enough for hundreds of employees. Mead Johnson Nutrition has confirmed it will relocate from Glenview to a West Loop tower now under construction. And McDonald’s has begun filling a satellite office in River North, 20 miles from its Oak Brook campus. Continue reading →