Streeterville Business Services
and Commercial Real Estate
Streeterville’s eclectic business community includes everything from high-class shops, opulent hotels and eateries to office buildings housing a variety of firms. Michigan Avenue, widely known as “The Magnificent Mile,” serves as the main commercial street in Streeterville. The significant avenue is lined with businesses, including an abundance of media firms and advertising agencies.
The Chicago area is an international attraction, bringing in hundreds of thousands of visitors each year, allowing businesses to capitalize on the city’s year-round popularity.
Many business professionals come to the Chicagoland region for meetings and events. Numerous facilities are allotted to those traveling through, including conference rooms at local hotels and large facilities at both Navy Pier and the Museum of Contemporary Art.
The superb location of the neighborhood in Chicago is an appealing factor for many businesses. The city affords access to a number of interstate highways, three airports and both rail and water ways. This ideal location has secured Chicago and its neighborhoods the United States’ bid for the 2016 Summer Olympics.
Working together with established businesses in the region, the City of Chicago is putting together a master plan to make this an irresistible site for the Olympic games.
Two organizations represent the Streeterville neighborhood business community. The Streeterville Chamber of Commerce supports economic development in the area and serves as the voice of businesses, while the Greater North Michigan Avenue Association has a membership of 700 businesses in the area.
The economy of Chicago, including the neighborhood of Streeterville, has maintained its strong presence in the world and will continue to be an exceptional place for the establishment of businesses.
Commercial ventures in Chicago are at a high point right now due to the demand for more retailers, restaurants and services. Tourist traffic has gone up and up, especially since the advent of Millennium Park, located in the heart of downtown off of Michigan Avenue.
Since 2005, the storefront vacancy in downtown Chicago decreased approximately five-percent due to the increase of both residential living and tourism.
Streeterville is reaping the benefits from this surge of business growth in Chicago, since a great portion of the Magnificent Mile is located within the neighborhood. The neighborhood’s increased residential construction goes hand-in-hand with the region’s continual rise of diverse business.
Businesses of all kinds — industrial, retail, restaurants and others — are coming to Chicago to be a part of this continuous growth. The Chicago area, especially Streeterville, is the place to be right now for those in search of hot commercial space.
 |
 |
|---|---|
 |
|
