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Developer Seeks to Jumpstart Retail Along Chicago River

Mark Goodman, owner of 22,000 square feet of retail in the 56-story high-rise at 405 N. Wabash Ave., is wishing to develop a shopping and dining destination to competing Chicago’s renown retail strip, the Magnificent Mile.For generations, Chicago’s retail district has spread out north along Michigan Opportunity towards the historic Water Tower, among the few buildings to survive the Terrific Fire of 1871 that’s a sign of renewal in the third-largest U.S. city. Now a business real estate developer is aiming to expand that focus. Today, inspired by luxury domestic jobs and the opening of a brand-new Apple flagship store to the south along the Chicago River that streams through the heart of the city, local developer Mark Goodman is pursuing a shopping and dining reinvention he’s stamping “River Retail. “It’s a difficult idea to encourage buyers to move away from

Michigan Opportunity, globally called the expensive shopping mecca Magnificent Mile with more than 450 shops such as Tiffany, Ermenegildo Zegna, Saks Fifth Opportunity and Neiman Marcus, with yearly sales of$ 1.9 billion. However Goodman said the birth of River Retail he’s promoting near a fairly peaceful park-like setting tucked behind the renowned Wrigley Building and the blue-glass Trump International Hotel & Tower will bring a European touch– believe landscaped plazas with quaint shops and coffee houses– to less dynamic shopping locations just a stone’s throw from the buzz on Michigan Avenue. He’s approaching the principle at a time when bricks-and-mortar retail is going through an enormous shift across the country that consists of brand-new pieces of

dining and home entertainment. In Chicago, the Riverwalk, a pedestrian-friendly stretch that covers the south branch of the Chicago River from Lake Shore Drive to Lake Street, has quick become a home entertainment and leisure lure as the city’s so-called”second waterside,”after Lake Michigan, as touted by Mayor Rahm Emanuel. Goodman owns the 22,000 square feet of retail in the 56-story residential, workplace and retail building at 405 N. Wabash Ave., dealing with the river and flanked by the Wrigley

Building and Trump Tower on either side. He’s hoping to get the owners of both structures to embrace his idea in an area that about 43,000 pedestrians move through every day.”Michigan Opportunity retail has moved south to the river and this presents a real chance with major customer traffic and development as the population density boosts,”he said. He pointed to new projects like the 2019

opening of the 17-story Renelle on the River high-end condos priced in the$1.3 million-to-$2 million-plus range at 403 N. Wabash Ave. and the proposed redevelopment of Tribune Tower across Michigan Avenue with 163 condominiums and 47,500 square feet of retail in its very first phase. It may be an idea whose time is ripe, thinking about the expensive costs to rent area on Michigan Avenue. Prominent buildings like Wrigley, Trump Tower, the Apple Store, with its see-through walls and laptop-looking roof, and the new house of the Chicago Architecture Foundation at 111 E. Wacker Drive, are all significant draws for consumers and travelers to the river’s banks and the Chicago Riverwalk.”Why pay $400 to$500 a square foot rents when you can pay just $70 a square foot less than 50 feet away,”he asks. He needs assistance to obtain his task off the ground, and it’s uncertain if his 2 closest next-door neighbors will buy into the concept. The Wrigley Building is under new ownership after Morningstar creator Joe Mansueto’s

$ 255 million purchase in June, and its instructions hasn’t been set yet. Trump Tower, owned by the Trump Company, has 83,000 square feet of readily available retail space on four riverfront levels that it calls The Riverwalk Shops in marketing brochures. However, it doesn’t appear the Trump Organization remains in any rush to discover renters for the space, which has sat uninhabited since the structure was built in 2010, and there are

no signs of regional leasing brokers representing it now. Agents of the Trump Company did not return calls looking for remark. John Vance, a principal at Stone Property Corp. who is representing retail leasing activity at the Wrigley Building, likes the Retail River idea however stated it could deal with a major learning curve.” The idea of getting to the marketplace and speaking about what is on the

river is right and proper,”he said.”The Apple moving, the moving of the Chicago

Architecture Foundation and the continued success of the Riverwalk puts more of a concentrate on what is going on with the river. The river is worthy of another appearance, and Chicagoans are well aware of it.”However I do not think the river is in the retail population’s brain yet,” he added.”If you’re not from Chicago but a gamer in the retail world, you know the Splendid Mile but you’re not knowledgeable about the river which will take a continuous education process “to teach that. Goodman acknowledges this and is ready to begin schooling the masses.” This idea is a shrieking opportunity since of the

river and the prices differential,”he stated.”And this location is just going to continue to grow.”To that end, Goodman and his leasing group headed by Larry Cohn at @Properties are intending to get meetings with Vance and the Stone Real Estate group as well as the Trump Tower folks to assemble a strategy to start the River Retail concept. Talks have begun, however no solid conferences have been prepared.

Target'' s remake is humming along, at a cost


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Image”/ > Lynne Sladky/ AP This Monday, Aug. 11, 2015, picture reveals a Target shop in Miami.

Tuesday, March 6, 2018|9:01 a.m.

NEW YORK– Target’s ambitious plan to remake itself is driving more individuals to its shops and its website, where they are investing more for whatever from style to towels. But the expense of such an enormous overhaul is substantial, and it took a few of the shine off a strong quarter of sales.

In the race to modernize, Target’s revenue margins are under considerable pressure. The bottom lines of standard merchants are getting bruised attempting to hold Amazon at bay. Late last month, Walmart reported weak fourth-quarter profits as it stumbled with e-commerce sales during the vital holiday season.

Where investors penalized Walmart by selling shares, the response to Target was more controlled Tuesday, recommending that the traditionally irascible Wall Street might be giving the merchant what it requires most: more time to win over consumers.

Still, shares slipped near to 4 percent in early trading and a variety of industry experts appeared exasperated with the fickleness of Wall Street in exactly what they believe is a turnaround story.

” While we understand the issue over increasing costs, we are critical of voices that see this as a weak point,” composed Neil Saunders, managing director of GlobalData. “We take the contrary view: if it is to grow, Target needs to invest– including in customer care, which affects wages. The alternative, which is to limit or throttle financial investment, may provide more revenue in the short term, however it will be to the detriment of long-lasting performance. “

However standard retailers deal with a moving target in Amazon.

Amazon has developed strong loyalty amongst buyers who spend $99 for a membership that includes totally free shipping, as well as streaming motion pictures and music. Its acquisition of Whole Foods Market last year has raised the stakes for Target and Walmart, which also sell groceries. Amazon just presented two-hour Whole Foods shipment for Prime members.

Target pledged last year to invest more than $7 billion in modernization efforts over the next 3 years. That includes renovating old shops, opening small locations in cities and college towns and faster online delivery. Late in 2015, the business said it was speeding up strategies to remodel majority of its 1,800 stores by 2020.

It recently acquired the start-up Shipt, which will indicate same-day shipment from about half of its stores early this year. It’s also checking store-curb pickup for online grocery shopping, and Target is broadening next-day shipment for some products across the country by the end of this year.

Among the significant costs for Target is its decision to raise its minimum per hour wage for its workers to $11 late in 2015. That jumps to $15 by the end of 2020. It belongs to the company’s aspiration to elevate the experience of consumers.

Investors aspire to hear more Tuesday throughout the business’s yearly meeting at its head office.

” Our fourth quarter outcomes demonstrate the power of the substantial financial investments we have actually made in our group and our company throughout 2017,” said CEO Brian Cornell in a business release.

Target had a profit of $1.1 billion, or $2.02 per share. That compares with $817 million, or $1.45 per share, in the year-ago duration.

Profits, changed for one-time gains and expenses, were $1.37 per share, which is 2 cents except expert projections, according to Zacks Financial investment Research.

Income increased 10 percent to $22.77 billion, edging out expectations for $22.46 billion.

Target reported a 3.6 percent increase in revenue at stores opened a minimum of a year. That beat price quotes of a 3.1 percent gain, according to FactSet.

Same-store sales, an essential barometer in the industry, rose more than 4 percent in January, recommending that Target’s improvement is sustainable.

Customer traffic rose 3.2 percent and online sales jumped 29 percent.

The business logged healthy sales development in all five of its retailing areas, including fashion and home furnishings.

Target anticipates its per-share revenues this quarter to variety from $1.25 to $1.45. Experts anticipate $1.40.

Full-year incomes are forecasted in the range of $5.15 to $5.45 per share, versus Wall Street expectations for $5.21.

Shares of Target Corp., which had fallen near 5 percent prior to the opening bell, were down more than 3 percent in late early morning trading, to $72.84.

Teams setting up steel posts along Strip for pedestrian security


Shutterstock Bollards just like the ones the Clark County Commission is having set up along the Las Vegas Strip.

Monday, Nov. 13, 2017|10:30 a.m.

Teams are setting up the very first set of bollard safety posts along the southern portion of the Las Vegas that are meant to keep pedestrians safe.

Authorities state the thick steel posts can withstanding impact from a 15,000-pound lorry travelling at 55 miles per hour.

The new precaution comes after drivers plowed down pedestrians in New York and Barcelona, Spain.

It is also in action to a 2015 occasion where cops say a female driver intentionally drove onto the walkway, hitting 37 people and killing one.

Teams began setting up the posts early Monday and will continue working each weekday from midnight to 11 a.m.

. They state it will take several months to install the initial 800 bollards.

Another 7,500 bollards will be installed next year.

For Native Students, a Guide Along the Course

Some folks who find a TV program they like will live-tweet it with other fans or binge on Netflix. Then there’s Kayla Bland: She decided she was going to be the next “House, M.D.”

And the recent Las Vegas Academy graduate is well on her method thanks to UNLV’s Journey program, which matches Native American and other minority 11th- and 12th-graders throughout the nation with professors mentors who coach the students as they complete grant-funded health research.

This is the second summer season that Bland, 18, has dealt with a project examining a brain protein and its function in neurodegenerative diseases– research study that intends to help in worldwide efforts to further early detection and treatment offerings for Alzheimer’s, sports concussions, or other terrible brain injury clients. She officially registers at UNLV this fall, with her eye on a biochemistry degree and a neuroscience minor.

“My mommy was enjoying ‘Home,’ and she said ‘Come here; view this with me.’ I have no idea why but it hit me so hard and I stated ‘I like this things!” remembered Bland. She was 16, the age when many teenagers’ focus is on Sweet 16 celebrations or motorist’s licenses, however “I chose I’m going to be a neurosurgeon. That’s it. I have actually decided.”

“It’s going to be a lot of work,” she included, “however I’m prepared.” College- and career-readiness are among the goals of Journey, a ten-week summer program that yearly draws about 400 minority high school candidates nationwide who have an interest in hands-on experience with biomedical, behavioral, clinical and social sciences. The program, now entering its sixth year, is funded by the National Institutes of Health and coordinated by the UNLV School of Neighborhood Health Sciences’ American Indian Research and Education Center (AIREC).

Accepted trainees are paired with teachers at universities across the nation (other host websites this year include University of Hawaii, UCLA, and Stanford) whose competence match students’ interests. At the end of the summer, they are flown to Bethesda, Md. to hear from market scientists and scientists and receive reviews after providing their work.

This summer season, 22 enrollees were assigned to UNLV, which targets American Indian/Alaska Native trainees– most of whom live in outside of Nevada in rural farming areas or appointments with little to no access to innovation or college institutions– and trainees in Puerto Rico.

About 95 percent of UNLV Journey participants have gone on to college, said AIREC executive director Carolee Dodge-Francis.

“We actually want them to comprehend research study approaches– how you craft a research study question or hypothesis, exactly what are the approaches where you attempt to answer that concern, what may be your outcomes,” said Dodge-Francis, a member of the Oneida Nation of Wisconsin who is known throughout the country for her work on obesity and Type 2 diabetes avoidance and education in Native American neighborhoods. “We have found that our students truly took advantage of the program once they go to college.”

And the program isn’t really simply for trainees with access to a regional college. Though lots of students are matched with colleges near their homes, Dodge-Francis and other mentors go the extra mile– actually– to make the program accessible. For instance, Dodge-Francis has taken a trip to a remote Alaskan fishing village off the Bering Sea for a site visit, and videoconferencing is often utilized for mentoring sessions throughout the summertime.”The Journey program is so worthwhile for the larger neighborhoods the students come from since health variations are best dealt with by a varied science workforce with beneficial interests in these problems,” she stated. “Purchasing these underrepresented students helps establish a healthcare labor force capable of creating culturally-grounded health promo and illness avoidance techniques, especially when it comes to some Native tribal neighborhoods where such resources are practically nonexistent.”

That’s a sentiment shared by Dartanyon Jones, an 18-year-old recent graduate of Green Valley High School in Henderson, Nev.

. Jones, who is half Native- and half African-American, said the love of genetics instilled in him by his 9th grade biology teacher amplified during an internship last summertime observing research into diabetes– a health problem that disproportionately affects both sides of his heritage– at the National Institutes of Health.

This summertime, he invests his days in a UNLV laboratory staining and analyzing slides, immersed in research led by college student Camille Catelo into the health impacts of asbestos.

“I think this is a really great program that sheds light on the research study process. It isn’t really as simple as it looks,” stated Jones, an ambitious NIH geneticist who will begin classes at Howard University in the fall.

Jones’ Native side of the household is from the Wolf Point reservation in rural Montana. He said loved ones have informed him that it’s very tough for Native American youth to see chance beyond their village. “Programs like these offer chance to people who without it wouldn’t have the opportunity to experience settings like this,” he stated.

And it’s not just the hands-on, resume-building, passion-solidifying experience that Bland likes about the Journey program. She said it has assisted her build confidence and network with like-minded peers.

For her mentors, wife-husband team Rochelle and Dustin Hines, the chance to encourage young minds interested in getting a headstart on fixing international health problems is a win.

“It is a labor of love. Mentorship is a substantial foundation of exactly what we’re attempting to do at UNLV,” Rochelle stated. “Dustin and I both benefited as undergraduate trainees from having exposure to science and that’s something we’re really motivated to attempt to continue with our trainees.”

Included Dustin: “One of the important things we understand in our field is that in the next Ten Years with the demographics of the infant boomers, Alzheimer’s disease will affect health care throughout the world. There’s a push in the neurosciences, partly for that reason, to identify manner ins which will help those affected lead a greater quality of life. And Kayla’s task fits straight into that.”

More rain, flooding forecast along soggy East Coast


Kevin Hagen/ AP

Pedestrians negotiate rainy conditions along Lexington Opportunity Friday, Oct. 2, 2015, in New york city. Rainfall and heavy winds are anticipated to last through the weekend.

Saturday, Oct. 3, 2015|12:25 a.m.

Even with Typhoon Joaquin not as big of a danger, the weekend promises little relief for the most waterlogged parts of the East Coast.

The National Weather Service says the threat of flooding will certainly continue through Monday early morning, particularly in parts of North and South Carolina that currently have actually stood up to 11 inches of rain this week. Forecasters state some locations could see storm totals as high as 15 inches.

When the rain ends, as early as Saturday in some locations, the risk of flooding persists since the ground is too saturated to soak up water, meteorologists say. And high winds might lower trees like the one that struck a vehicle near Fayetteville, North Carolina, killing a passenger.

The storm likewise has been connected to a drowning in Spartanburg, South Carolina.

Flood watches and warnings likewise are in effect in Delaware and parts of New Jersey, Maryland and Virginia.

Meteorologists stated the Carolinas will probably get the worst of it, consisting of possible landslides in the mountains.

“It’s going to be a slow-motion disaster,” stated meteorologist Ryan Maue of Weather condition Bell Analytics.

Hurricane Joaquin, not viewed as a threat to the Atlantic Coast, continued Friday on a course anticipated to keep it well off the united state coast.

“It looks like we evaded a bullet this time,” New Jersey Gov. Chris Christie said amid street flooding at the Jersey coast, devastated by Superstorm Sandy nearly 3 years ago. “Let’s keep our fingers crossed.”

Forecasters cautioned that even as Joaquin peels far from the coast, its effects will certainly be felt, since it will continue providing tropical wetness to the gusty rainstorm stretching from Georgia to New England.

South Carolina could get more rain in 3 days than it generally gets during the whole fall.

“We are growing progressively worried about the circumstance in South Carolina, western North Carolina and perhaps even in northeast Georgia,” said David Novak, director of the National Oceanic and Atmospheric Administration’s Weather condition Prediction Center. “We’re very confident that some places are going to have 15 inches. A great deal of locations are going to have 5, 6, 7 inches of rain, especially the whole state of South Carolina.”

Parts of Virginia and Maryland might stand up to 5 inches.

The storm was blamed for the death of Sylvia Arteaga, 56, drowned in a flash flood under a railway bridge in Spartanburg, South Carolina, while driving home from the night shift.

Ocean City, Maryland, had 5 feet of water in low-lying locations at high tide Friday afternoon. But by night the floodwaters had largely receded, reducing Geri Stoll’s concern that successive high tides would bring considerably even worse flooding.

“As long as we do away with what occurred already, then when the new tide is available in, we may get a couple more inches into the lawn, however it won’t be anything significant for us in downtown Ocean City,” she said.

In Poquoson, Virginia, Joy Bryant canceled a garage sale since her home was half-submerged and cars couldn’t get down the road. Still, she was relieved Joaquin was moving away.

Steve Stougard of Norfolk, Virginia, called Joaquin’s course “an addressed prayer.”

Joaquin tore off roofs, rooted out trees and released heavy flooding in the Bahamas, and the united state Coast Guard looked for a missing out on 735-foot freight ship with 33 people aboard.

Star chef Ben Vaughn takes readers along his ‘Southern Routes’.



Food Network star chef and restaurateur Ben Vaughn.

Tuesday, Sept. 22, 2015|10 p.m.

Food Network Star Ben Vaughn
Food Network star chef and restaurateur Ben Vaughn.Introduce slideshow “

I spent the better part of 2014 taking a trip throughout the Southeast trying to find the very best food at the best family-owned mom-and-pop restaurants in the South. The end result was the production of my book “Southern Routes,” which was launched recently and– shameless plug alert– is offered now on Amazon.

“Southern Routes” isn’t really just a “best of” series of great and secret dishes gathered during my journey across the South, but rather a collection of stories. Stories about people who own restaurants that are culinary landmarks; people who commit their lives making fantastic food.

For some, the word “Southern” conjures small-minded stereotypes of an amusing sounding accent or that Southerners are uneducated hillbillies. Antiquated viewpoints and bigotry will certainly always exist. “Southern Routes” is about the rich and lively culture of the places and stories of individuals who are bring the Southern banner through food.

Eventually, Southern food has to do with history. It has to do with heritage. Modern Southern culinary can trace its roots back a couple hundred years to a time when subsistence agriculture was the norm. Many people were bad, and they grew what the ground would permit and what they had to survive.

This functional concept then changes and permutates over generations and becomes what we understand now as farm-to-table or a strong dependence on fresh and seasonal active ingredients that is embedded in Southern cuisine. What was as soon as functional ends up being cultural in time.

Proteins were pricey. If you had a cow, you ‘d likely have a milk cow that was used for milk and butter. When it came time to slaughter a pig, it was a public occasion. Individuals would collect as a neighborhood, generally on Sundays after church, and everybody would share in the bounty.

Modern refrigeration hadn’t been created, and an entire hog would be far too much food for one household. So, functionally, it made good sense to share with everyone; otherwise, most would go to waste. This becomes exactly what we understand now as a “ya’ll come” culture of signing up with for huge meals. It likewise was the birth of exactly what we know of as “whole hog” celebrations in the Carolinas, Tennessee, Alabama, and so on

. Due to the fact that the conservation of food was vital to day-to-day survival, treating meats prevailed throughout the South. The practical preservation of ham by curing it with salt, or later on sugar, develops nation ham and sugar-cured ham, 2 pillars of Southern food.

There’s an entire modern cottage industry in Kentucky based entirely on fantastic hams that you can order online and have actually shipped right to your door. Another significant method for treating meat? Smoking it. This practical practice would, obviously, be the groundwork for a genre that is interwoven into Southern cooking and culture: barbecue.

As for “huge nation” breakfasts? If you were going to be working 15 hours of daytime out on the farm, your body would require fuel through proteins and carbs to obtain you through the day. Now a huge breakfast on the weekend is the prelude to seeing football and a midday nap! What was once practical becomes cultural gradually.

All of that to state Southern food isn’t really appealing since of its historic heritage and heritage. That’s not something we think about when we cook or consume. Rather, it’s enticing since it tastes excellent. It’s comfort food. However exactly what is comfort food? I want to consider it as the crossway of taste and memory.

Comfort food, like Southern food, is rooted in history and heritage, the only distinction being home cooking is individual history and heritage. Biscuits are comfort food for me because I have actually treasured childhood memories of my grandma hand-making biscuits every Sunday. For you, it may be mashed potatoes or fried chicken.

Southern food can be a million active ingredients utilized in a million methods. It’s not all simply fried chicken and black-eyed peas. Southern chefs and cooks all interpret in a different way with a couple typical threads that tie it. Ultimately, Southern food is fresh components, terrific technique and, most notably, it’s the memories we make and the stories we share all while commemorating fantastic food.

In our contemporary society, consuming isn’t really almost making it through any longer. It also is about the experience. What was as soon as functional becomes cultural with time.

Ben Vaughn is a chef, author and TELEVISION character commonly referred to as a host for the Food Network. Ben’s most current book, “Southern Routes,” narrates his journey to discover the best-kept food secrets in the South from the Carolinas to Texas. “Southern Routes” is released by HarperCollins.

Ben lives in Tennessee and functions as CEO and culinary director for his restaurant group Fork Knife Spoon. Ben’s new brand of Southern Kitchen food trucks struck the streets in Las Vegas. Follow all the action from the mobile kitchen area @SoKitchenLV. @BenVaughn likewise is the host of “The Breakfast Program,” a TELEVISION series that premieres in the fall.

Robin Leach of “Lifestyles of the Rich & & Famous” popularity has been a journalist for more than 50 years and has actually spent the previous 15 years offering readers the inside scoop on Las Vegas, the world’s premier platinum playground.

Follow Robin Leach on Twitter at Twitter.com/ Robin_Leach.

Follow Las Vegas Sun Home entertainment + Luxury Elder Editor Don Chareunsy on Twitter at Twitter.com/ VDLXEditorDon.

Police examine pair of shootings along Decatur Boulevard

(AP Image)(AP Image).

Las Vegas Metro authorities are investigating a pair of shootings that happened minutes apart along South Decatur Boulevard on Monday evening.

The very first shooting was reported at 6:07 p.m. at Decatur and West Oakey. About five minutes later, a 2nd shooting was reported at 2695 S. Decatur Blvd., simply north of Edna Avenue.

City’s Lt. Jeff Goodwin said it did not appear that the victims’ injuries were dangerous.

About 8:20 p.m., Goodwin said one of the victims was treated for small injuries and that the other one underwent surgery.

Stay with FOX5 for updates.

If you have photos or videos of breaking news, email them to [email protected]!.?.! or publish them to our website at reportit.fox5vegas.com. Copyright 2015 KVVU(KVVU Broadcasting Corporation). All rights reserved.