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
Gruen Gruen + Associates served as SMUD’s real estate advisor for the solicitation, evaluation, and selection of the developer for the reuse of the 59th Street property formerly used as a Corporation Yard by SMUD.
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/
“Best practices for governments include studying the market and the best use of the property, thoroughly evaluating how much the property would be worth under the proposed use, and making their goals clear in what they wants to get out of the sale.” – Aaron N. Gruen Glendale (AZ) City Council members said they wanted… Read More
By Kate McMahonSpecial to Salem ReporterMay 17, 2020 Salem will be a lot quieter than usual at summer’s end as the state fairgrounds remain shuttered. The Oregon State Fair has a rich history and has touched countless lives over the years, and now vendors and exhibitors are left with no crowds to please… continue reading
GG+A was pleased to help garner support for the Class 7(a) property tax incentive that will make the redevelopment of the former RAM Brewery possible: Martini lounge planned for former Ram restaurant site in Schaumburg
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
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
Gruen Gruen + Associates prepared a retail base enhancement strategy for Garden City, KS in 2014. The study has proved accurate and useful, as outlined in a Garden City Telegram article: https://www.gctelegram.com/news/20191004/finney-county-seeing-significant-retail-job-growth
“It’s not just about what the residents of south Glenwood want. It’s not just about what the airport users want. As a community we need to decide what the value of that airport is.” – Mayor Jonathan Godes Post Independent – October 3, 2019
On September 23, 2019, Aaron Gruen and Debra Jeans will be leading a session about “Communicating the Economic Value of your Airport” at the 2019 Fall Conference of the IPAA. The conference is being held from September 22, 2019 to September 24, 2019 at the Eagle Ridge Resort & Spa in Galena, Illinois.
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
GG+A is glad for the continued momentum and success of the DuPage Business Center. We are proud to have contributed to the revamped real estate development and marketing strategy. GG+A has also recently completed an analysis of the economic and fiscal impacts generated by the DuPage Airport and its DuPage Business Center. DuPage Airport Authority… Read More
Claude Gruen served as a panelist on the economic, social, and land use effects of new transportation technologies at the Western Regional Science Association meeting in Napa. A copy of the program can be viewed on the Western Regional Science Association’s website.
Event details can be found at https://fisher.osu.edu/centers-partnerships/center-real-estate/events/annual-real-estate-conference
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
As part of a program organized by the Regional Transit Leadership Council, Aaron Gruen concluded the event by addressing how more regional collaboration is needed to increase productivity, innovation, and economic growth. The most valuable real estate in the world has shifted from physical places to cyberspace. While there will always be tension between collaboration… Read More
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
Gruen Gruen + Associates’ project is cited in the December 2017 issue of Urban Land magazine. You can read the article here.
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
Milwaukee Journal Sentinel article
Based on Gruen Gruen + Associates analysis and testimony including a review of revolutionary changes in the retailing sector, the Plan Commission and Village Board reversed their prior decisions and approved the zoning and use of the former Wal-Mart store for industrial uses. A Chicago Tribune article highlights the project.
By JULIA SHUMWAY The Hawk Eye The Burlington area will need a net of 1,500 new homes by 2025 to keep pace with economic development and older homes growing obsolete, according to a study presented Tuesday night at the Greater Burlington Partnership. Des Moines County, the cities of Burlington and West Burlington and Alliant Energy… Read More
The Transform Milwaukee Strategic Action Plan was awarded by the American Planning Association – Wisconsin Chapter under the Plan Document category. GG+A served as the market and economic development adviser on the strategic planning team. Transform Milwaukee Strategic Action Plan Receives Award By American Planning Association – Wisconsin Chapter
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
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
By Jessica Pace Durango Herald Staff Writer Tuesday, April 26, 2016 Consultants: Build on existing strengths when developing new nodes of commerce Findings of a business park feasibility study presented Tuesday indicate La Plata County could need as much as 1.2 million square feet of new office and industrial space to accommodate job growth over… Read More
“When companies cluster in a city, the labor and idea exchange that supports the sector grows to a level that you can’t get in Omaha” CRAINS CHICAGO BUSINESS October 3, 2015 “ConAgra move shows how corporations can see Chicago through rose-colored glasses”
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