Calvin Boender Blog

Calvin Boender

Chicago developer Calvin Boender transforms former disco into upscale retail space

Chicago developer Calvin Boender transforms former disco into upscale retail space

The Chicago developer Calvin Boender transformed the former disco at 940 N. Rush St with over $2.5 million dollars in renovations, converting the iconic dance venue into 6,000 square feet of upscale retail space, reflecting a shift towards boutique shopping and capitalizing on the foot traffic generated by the nearby Bloomingdale's.
Posted 10/7/2024
First office rehab comes to booming DePaul area

First office rehab comes to booming DePaul area

The North Side's DePaul neigh­borhood is gearing up for another boom. Already the city's hottest residential area for rehab and re­novation, it is now ripe for office redevelopment.
Posted 9/5/2024
China closes doors on the worlds garbage dump

China closes doors on the worlds garbage dump

During the often loud and attention-getting display of global trade wars, China quietly announced a new directive to the world, telling the US, Japan, and Europe they are not willing to be the world’s garbage dump any longer.
Posted 2/19/2019
The true outcome of tariffs has yet to be seen

The true outcome of tariffs has yet to be seen

With the enactment of higher tariffs for steel and aluminum, President Trump has many economists speculating how far he is willing to push his populist agenda and what will the short and long-term ramifications lead to.
Posted 5/30/2018
Chinas secret tariff weapon

Chinas secret tariff weapon

The blossoming trade war that President Trump has insisted has been going on during the last three presidential administrations, albeit a one-sided trade war with China winning all the battles, is reaching a fever pitch with both countries unveiling their lists of items projected for 10-25% tariffs.
Posted 5/8/2018
Ross and Navarro, the men behind the trade tariffs

Ross and Navarro, the men behind the trade tariffs

Wilbur Ross and Peter Navarro, the United States Secretary of Commerce and Director of the White House National Trade Council respectively, have stayed mostly out of the hectic news cycle that has been a mainstay throughout the first year of President Trump’s tenure, so far.
Posted 4/24/2018
China has a secret trade war option: a rare earth embargo

China has a secret trade war option: a rare earth embargo

With the potential for an expanded trade war with China, the U.S. needs to consider some of the less obvious economic and national security risks that could come into play. China holds a secret weapon that could cripple us instantly. Let’s call it, Trade War Option “57 – 71”.
Posted 4/12/2018
The Speed of Change in Todays Economy

The Speed of Change in Todays Economy

In a previous post, I wrote about the death of the American Mall and what that means for the economy. I’d like to delve more deeply into exactly what effects that will have on the economic outlook. When you drive past that shuttered mall it’s not just the retailers who are at risk, it’s the economic base they provide in the forms of jobs that has me really worried.
Posted 9/13/2017
Death Throes of the American Retail Mall

Death Throes of the American Retail Mall

I’ve been studying the commercial retail real estate market lately and I see a few major trends that have me worried for a once booming sector. The amount of empty retail square footage on the market can either be looked at as a consequential market correction or an alarming trend, indicative of worsening economic conditions.
Posted 7/25/2017
Whole Grains to White

Whole Grains to White

In Michael Pollan’s exploratory work “In Defense of Food” one of his major tenets is to “Don’t eat anything your great-great-grandmother wouldn’t recognize as food.”
Posted 6/20/2017