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Commercial real estate: the year ahead

The National Association of REALTORS® annual Real Estate Forecast Summit, The Year Ahead, predicted general contractors will continue to struggle with supply chain issues and labor shortages, while developers will be hampered by rising interest rates and insurance costs. The virtual event, held Dec. 12, 2023, highlighted aspects of the economy and how residential and […]

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Show me the money

The Springfield Lucky Horseshoes have $10 million in ideas about how to improve Robin Roberts Stadium. But the question is: Who will pay for it? “First and foremost, it starts with the ownership group,” said Jamie Toole, an executive and an owner of the team. “Our ownership group has shown a commitment and a willingness […]

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Non-alcoholic drinks gaining in popularity

For nearly 40 years the percentage of American adults who consume alcohol has consistently remained in the low 60s. However, over the past two decades, Gallup reports that alcohol consumption has been steadily declining amongst younger adults aged 18 to 34. Indeed, specialty non-alcoholic (NA) drink offerings have become commonplace in both fine dining restaurants […]

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Trying to hire more drug counselors

Amid five straight years of record overdose deaths in Illinois, a new state program aims to alleviate a shortage of professionals who work to prevent substance use disorders. Illinois’ behavioral health counselor workforce “is aging while new entrants are declining,” according to a 2019 report to the General Assembly; 56% of certified substance use disorder […]

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City-operated ambulance service to be considered

Springfield City Council members will consider spending $280,000 in the next fiscal year on what could be the first step toward a multimillion-dollar, city-operated ambulance service to supplement privately operated ambulances and shorten response times in medical emergencies. The money to buy a single ambulance appears on page 165 of the city’s 400-page budget proposal from […]

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Springfield Clinic, Blue Cross make a deal

After two years of financial and emotional stress for thousands of central Illinois patients, those covered by Blue Cross and Blue Shield of Illinois regained in-network access to Springfield Clinic medical providers on Jan. 1. Chicago-based Blue Cross and the clinic issued statements Dec. 22 that they have reached a new five-year agreement allowing the […]

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