Economy

A Jack-in-the-Box in Mission Viejo trades hands for $1,374 per square foot, the highest price in Southern California in the last 12 months.

While the big box sector is struggling, service- and entertainment-driven retail is experiencing roaring success.

As the city ramps up infrastructure projects, there is also an increase in litigation from environmental and community groups.

According to the city, the firm ended crude oil refining in the complex, continued efforts to stabilize the area near the original incident and began to wind down operations. On Aug. 6, the neutralization process began for the remaining hydrofluoric acid at the site.

Since 2017, the Chicago area has seen a slight increase in investment within Opportunity Zones, while values in those areas have decreased.

The Inland Empire, and specifically Riverside, is attracting Los Angeles and Orange County residents with lower cost rents.

The National Association of Business is split over whether the downturn will hit in 2020 or 2021

The Rebuild Illinois initiative, passed and signed into law in June 2019, dedicates $400 million to partnering with Internet service providers to build 21st century infrastructure connecting communities across the state to high-speed Internet.