Taking flight: A new business model helped DuPage Airport Authority and NAI Hiffman achieve success

January 8, 2023Orrin SchwarzDaily Herald https://www.dailyherald.com/business/20230108/taking-flight-a-new-business-model-helped-dupage-airport-authority-and-nai-hiffman-a-success This is a turnaround story. Credit a change in business model. For years the technology park south of DuPage Airport in West Chicago languished, unable to lure more than a few businesses. About four years ago the DuPage Airport Authority decided to try a different way at DuPage Business… Read More

Study provides potential solutions for local housing shortage

Stephen Dow – The Sheridan Press – Jan 13, 2022 https://www.thesheridanpress.com/news/local/study-provides-potential-solutions-for-local-housing-shortage/article_974b980e-7482-11ec-8e41-8f4b411af91f.html#comments SHERIDAN — The recently completed Sheridan County housing study unveiled during a public meeting Wednesday gave a better picture of local housing needs and potential solutions. The study, which particularly focuses on housing needs in the municipalities of Sheridan, Dayton and Ranchester, considers community… Read More

Pueblo in need of nearly 10,000 housing units by 2031, study says

Housing study suggests Pueblo County will need nearly 10,000 units in next 10 years James Bartolo – The Pueblo Chieftain – Nov 5, 2021 https://www.chieftain.com/story/news/2021/11/05/pueblo-need-nearly-10-000-housing-units-2031-study-says/6256129001/ Projections in a Pueblo Housing and Assessment and Strategy study forecast a need for 9,561 housing units in Pueblo County over the next decade. The study conducted by the City… Read More

$26.8 million redevelopment of downtown Mount Prospect shopping center gets OK from board

Gruen Gruen + Associates congratulates the development team on the approvals of the redevelopment agreement and financial incentives. GG+A acted as the developer’s real estate economist and demonstrated the need for the incentives to bridge a feasibility gap. The incentives were the most the Village has offered for a downtown redevelopment. https://www.dailyherald.com/news/20210303/268-million-redevelopment-of-downtown-mount-prospect-shopping-center-gets-ok-from-board

Arizona State Land Department Sells East Valley Land at Record $246M Price

Gruen Gruen + Associates congratulates the Arizona State Land Department on the record setting $245 million sale of land in Phoenix’s East Valley. GG+A was pleased to contribute to the identifying bidder qualifications requirements and evaluating the qualifications of the bidders. https://www.azcentral.com/story/news/local/arizona-investigations/2020/11/05/d-r-horton-makes-top-bid-controversial-arizona-state-land-auction-east-valley/6167481002/

Stalled by the recession, Grayslake’s Cornerstone project taking shape with Medline construction

We are delighted with the commencement of construction for the Alter Group Cornerstone development in Grayslake. Gruen Gruen + Associates has provided market analysis and fiscal and economic analysis to support the planning and public-private agreements to facilitate the development. CHICAGO TRIBUNE: Stalled by the recession, Grayslake’s Cornerstone project taking shape with Medline construction

GG+A study of retailing conditions covered in Boulder’s Daily Camera

Retailers, restaurateurs in uneasy real estate situations By Sam Lounsberry Staff Writer Daily Camera February 8, 2020 Boulder retailers and restaurateurs are facing challenging real estate costs in a local business environment likely to continue squeezing independent merchants, a city consultant warned in a December report. After collecting survey results from 42 retail and foodservice… Read More

Santa Clara Paves Way for Hunter Storm’s Huge Transit-Oriented Gateway Crossings Project

GG+A is thrilled with the approval of an innovative transit-oriented development in Santa Clara, CA.  GG+A contributed retail market research and marketing strategy and planning policy recommendations for the developer Hunter Storm properties. Santa Clara paves way for Hunter Storm’s huge transit-oriented Gateway Crossings project Silicon Valley Business Journal Marlize van Romburgh Jul 10, 2019

Davis City Council Considering Further Revisions to Affordable Housing Ordinance

GG+A has been working with the City of Davis, CA over the past year to evaluate the impacts of its existing Affordable Housing Ordinance requirements on multi-family rental housing development feasibility in Davis.  An interim policy has been extended, which reduces the on-site affordable housing requirement from 35% to 15%, while other related exemptions and… Read More

Gateway at Millbrae Station Development Receives Approval

Millbrae development passes Officials narrowly approve housing, office, retail project near rail station despite lingering concerns By Austin Walsh Daily Journal staff Mar 15, 2018 It’s full speed ahead for a sweeping housing and commercial development proposed to transform BART land at the Millbrae train station, following officials blessing the divisive project. The Millbrae City… Read More

Fiserv announces 3 possible locations for new HQ

Fiserv announces 3 possible locations for new HQ Milwaukee Journal Sentinel Aug. 6, 2017 …City officials were briefed by consultant Gruen Gruen + Associates regarding the potential impacts to the local economy if Fiserv opts to leave Brookfield… Those impacts include both direct and indirect effects. According to Gruen’s findings, in addition to the jobs… Read More

Challenges to Attract Millenial Labor to North Shore Highlighted in Chicago Tribune Article

Northbrook and other nearby suburbs have a hard time making millennials happy even if the transportation hurdle is cleared, Deerfield-based economist Aaron Gruen said. “All towns should make sure they have places that ‘make experiences’ to attract millennials, starting with shops and restaurants,” he said. “And millennials don’t need to buy a Northbrook ranch, or… Read More

GG+A Finds More Intensive Use of Land in La Plata County Can Support Additional Office and Industrial Development

The La Plata County Economic Development Alliance retained GG+A to evaluate the market demand for office and industrial uses in La Plata County, Colorado, and to identify strategies to facilitate the attraction and retention of office and industrial uses.  GG+A held a formal public presentation at Fort Lewis College to describe the findings and strategies.… Read More

More restrictive land-use regulation “is to the middle class what the economic disaster of slum clearance was to the poor.”

Claude Gruen is cited in an article discussing California’s housing situation: More restrictive land use regulation “is to the middle class what the economic disaster of slum clearance was to the poor.” CALIFORNIA HOMES REQUIRE REAL REACH NewGeography.com Joel Kotkin In the 1950s and 1960s, Southern California was ground zero for the “American Dream” of… Read More