Commercial construction projects are helping Illinois officials develop the local economy, and this industry could provide significant support to Prairie State residents over the next few years. According to the St. Louis Post-Dispatch, developers are investing in land in O'Fallon, Illinois, and other areas to build new retail outlets

Ted K. Shekell, O'Fallon's planning director, noted that the region is well-positioned for long-term growth. He stated that the area's convenient location and local government are just a few of the reasons it has appealed to commercial property developers recently. 

"We have not had a lot of turnover in our local officials, and there's not been a lot of bickering and strife," Shekell told the news source. "And that lends itself to growth. Developers know that the area is stable."

Houston administrators have also seen a boom in construction projects. KUHF reports that the city provided building firms with $480 million in permits in January 2013 – a 35 percent year-over-year increase. 

New office construction is a major factor in Houston's economy and could significantly benefit the city. Last month, Houston leaders authorized the construction of nine office buildings, a total value of $56 million dollars – over 200 times the value of office building permits offered to contractors in January 2012. 

Content provided by executive search organization, MRINetwork.

In the News…

Paying Attention to Retention You've likely started to see a shift in headlines. No longer focused on what we have been through, the new emphasis is on what’s to come. Though it… Read More »

Job Application Process: Stay Sane The Job Application Process Can Be Frustrating. Here's How to Stay Sane The job application process is hardly ever easy. After all, it can sometimes… Read More »

The No. 1 recruitment metric employers track when assessing a new hire’s effectiveness After completing multiple rounds of interviews and presenting a job offer to a promising candidate, the work has in many ways just begun. Now that th… Read More »

Craft a Change Narrative How to Craft a Strong Change Narrative for Your Company When your company is undergoing major change, it can be a tough transition for everyone, e… Read More »

More News