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Amazon Becomes Chicago’s Biggest Growth Engine

Love ‘em or hate ‘em, Amazon has emerged as Chicago’s biggest growth engine this year. Their timing is perfect. Beset by the pandemic that has destroyed many local businesses and put thousands of people out of work, Chicago needed a major economic boost. Now Amazon has provided it.

Local unemployment in Chicagoland exceeds 15 percent, so Amazon's timing couldn't be better for people looking for jobs.

"A year ago, they would have had a hard time finding that labor," says Craig Hurvitz, vice president of market research in the Rosemont office of brokerage Colliers International. "But right now, it's kind of a different story."

Amazon has leased local warehouses totaling 14.2 million square feet this year with plans to hire as many as 15,000 people to work in them.

Read on at:

Mr. Willig engages and coordinates a professional team of real estate brokers, general contractors, leasing agents, and property managers in order to rehabilitate, lease and maintain the properties he acquires for SpringView Investments. He has over 20 years of finance and accounting experience.

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