2nd Quarter Economic Report

April - May - June 2013

Investment
Private Commercial Development Activity

2Q2013
Address
1922 Dempster 2323 McDaniel 1603 Orrington 1211 Chicago 2317 Sheridan 1702 Sherman 2420 Main 2650 Ridge 1901 Howard 355 Ridge

Top 10 Commercial Projects by Q2 Spending

Business Type
Health Health Office Retail Foodservice Office Retail Health Office Health

New Businesses

13 29 85

Estimated Q2 Work Value

$1,091,499 $843,000 $725,000 $700,000 $347,300 $300,000 $300,000 $250,000 $220,000 $165,000

26.8% 26.8% 26.8% 26.8%

DaVita Dialysis Center Three Crowns Park Regus Trader Joes* NU Delta Tau Delta Music Inst. of Chicago Food for Less Fuel Ctr. NorthShore U. Health US Veterans Center Healogics Wound Care*

Announced Full Time Jobs

Health Care Office Retail Food Service

Total

$4,941,799
Source: City of Evanston Government * denotes a project that spanned multiple quarters

Commercial Building Permits

Online Connectivity
Social Media
Facebook
Likes

Labor Force
Unemployment Rate
10

$6.2
Commercial Construction Investment

LinkedIn
Followers

Million

April May June

285 314 326

548 555 573

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Source: City of Evanston Government Source: Illinois Department of Employment Security

Contact us City of Evanston  Economic Development 2100 Ridge Avenue Suite 3600 Evanston, IL 60201 (847) 448-8100 info@evanstonedge.com

6.8%

9.8% 7.3%

8.7% 8.4%

9.8%

April

May

June

Evanston
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Illinois
Employed
38,208 38,238 38,883

Evanston Residents
Labor Force
April May June 41,014 41,666 42,435

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Business
New Businesses
Business
Healogics Big Twist Ad Hoc Home Box! Evanston Meez Meals (relocation & expansion) Imprint Movement Studios Starbucks (relocation & expansion) Master Wireless Team Paramour Bungalow Bordeaux Studio CloseKnit (relocation) Hewn Bakery Ted Glasoe Fine Art

2nd Quarter Economic Report

2Q2013
Part Time

Type
Medical Restaurant Furniture Fitness Food Service Fitness Restaurant Retail Retail Photography Specialty Retail Restaurant - bakery Photography

Address
355 Ridge Avenue 1805 Howard Street 1937 Central Street 739 Main Street

Announced Jobs
Full Time

Est. Capital Investment

$250,500

3 3 2 2 4 2 1 1 2 5 8 1 3 16 4 18 1 3 4

$3,729 $500 $100 $48,000 $200 $363,295 $50 $1,000 -$600 $5,000 --

1459 Elmwood Avenue 826 Noyes Street 1734 Sherman Avenue 1125 Howard Street 812 Dempster Street 1703 Darrow Avenue 1630 Orrington Avenue 810 Dempster Street 600 Davis Street

Total

29

54

$674,974

2nd Quarter 2013 Highlights

13
Newly Opened
Source: City of Evanston Government Source: CoStar

24
Opened YTD

Business Inquiries

26

Existing Business Visits

43

Vacancy Rates
Evanston

Retail 7.6%
16 14 12 10 8 6 4 2 0 2012 Q2 2012 Q3 2012 Q4

Downtown Chicago Market - Including The Loop, River East, River North, Gold Coast, Old Town, Streeterville, South Loop, West Loop

Office 9.5%

Near North Suburban Market - Including Evanston, Glenview, Lincolnwood, Morton Grove, Niles, Skokie, Wilmette

Industrial 9.9%

16 14 12 10 8 6 4 2 0 2013 Q1 2013 Q2 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

14 12 10 8 6 4 2 0 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2