The Biz Week That Was: Amazon warehouse hub expands, experts warn of AI bubble, Village Center gets boost
Amazon set to build high-tech service hub for delivery trucks in Arlington Heights
Just as Amazon has revolutionized the way consumers can make purchases with the click of a button, it’s no wonder the e-commerce giant’s Arlington Heights warehouse hub is finding a new way to incorporate more automation into its operations. The company plans to construct two buildings on its 20-acre campus at 1455 Cellular Drive to facilitate repair of its vehicle fleet, now that zoning approvals were issued this week by the village board.
Andy’s Frozen Custard slated to open in Bloomingdale next year
A new development in Bloomingdale will churn out concrete, and it has nothing to do with the construction business. An Andy’s Frozen Custard plans to open on Lake Street, the village has announced amid peak pumpkin pie concrete season. Andy’s anticipates an opening in fall 2026.
Is there an AI bubble? Financial institutions sound a warning
Lingering doubts about the economic promise of artificial intelligence technology are starting to get the attention of financial institutions that raised warning flags this week about an AI investment bubble.
Rejected in downtown Arlington Heights, tattoo shop inks lease for another location
A tattoo shop once eyed for a storefront near downtown Arlington Heights instead plans to open soon in a retail strip on Palatine Road. Cherepovich Tattoo will lease a vacant 866-square-foot space at 1407 E. Palatine Road in the Pal-Win Plaza Shopping Center, after pivoting from its initial proposed location at 417 S. Arlington Heights Road.
Huntley approves hundreds of new homes, townhouses on Kane County side after density scaled down
Huntley has approved a new residential development that will brings hundreds more homes to town. The village board gave its blessing to Stetson Park, which consists of 326 residences, including 110 single-family homes, 72 front-loaded townhouses and 144 rear-loaded townhouses.
‘A rare and exciting opportunity’: Grayslake hopes building purchase can boost Village Center
Grayslake leaders are making a big investment to determine whether a deteriorating vacant building can become a key element in ongoing efforts to brand the Village Center as a hub of activity. By buying the former TNT Glass & Mirrors at 350 Center St. for $1.74 million, the village is taking a more active role in the future of the prominent property with the goal of finding a private entity to redevelop the site, officials say.