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Why the Loop is still a great spot for business
News 2 days ago
Why the Loop is still a great spot for business

Downtown has plenty of power to attract businesses, jobs and capital. If the current crop of office tenants loses interest, the Loop's assets will...

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How Lightfoot plans to use—and tweak—this Emanuel-era fund
News 2 days ago
How Lightfoot plans to use—and tweak—this Emanuel-era fund

The Neighborhood Opportunity Fund is a pot of money Team Lightfoot can freely dip into-and which she says she may tweak to make the program more...

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Streeterville landmark eyed for boutique hotel
News 2 days ago
Streeterville landmark eyed for boutique hotel

A 13-story Streeterville landmark designed by Chicago architect Harry Weese could soon join the downtown hotel market, adding to a string of condo...

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Camping World dumps outdoor retailers after short ownership
News 2 days ago
Camping World dumps outdoor retailers after short ownership

After an aggressive buying spree that included Rock/Creek Outfitters and Uncle Dan's, Marcus Lemonis is rethinking his strategy. Camping World is...

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Watchdog groups say Lightfoot's a Rahm replay on Obama Center engagement
News 4 days ago
Watchdog groups say Lightfoot's a Rahm replay on Obama Center engagement

Five groups with a close eye on the Obama Presidential Center's progress say Lightfoot is falling short on campaign promises for true engagement...

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How an overlooked facet of the weed law could trip up two of the industry’s biggest players
News 4 days ago
How an overlooked facet of the weed law could trip up two of the industry’s biggest players

The fine print in the state's 610-page recreational marijuana bill could provide some challenges to getting retail sales up and running by Jan. 1....

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Solving suburbs’ vicious property tax cycle benefits all
News 6 days ago
Solving suburbs’ vicious property tax cycle benefits all

The term "cycle of disinvestment" has become cliche, but it remains an apt way to describe the economic predicament facing many communities in the...

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Illinois Democrats worry about state census count
News 6 days ago
Illinois Democrats worry about state census count

The local lawmakers in the U. S. congressional delegation signed a letter expressing concern that officials are relying on the internet rather than...

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Chicago's hot startup turf? It's not where you think.
News 1 week ago
Chicago's hot startup turf? It's not where you think.

Small but fast-growing ventures have become a lifeline for the Central Loop, an office submarket that has been hemorrhaging large tenants lately....

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Engineers are the focus of this San Francisco firm's new Chicago outpost
News 1 week ago
Engineers are the focus of this San Francisco firm's new Chicago outpost

Online-payments company Stripe, which aims to have 40 people in River North by year-end, joins other West Coast firms turning to Chicago for tech...

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River West site next to Tribune Media megaproject hits the market
News 1 week ago
River West site next to Tribune Media megaproject hits the market

The Salvation Army is looking to sell its main downtown campus in the River West neighborhood, hoping to cash in on real estate investors' appetite...

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Lightfoot taps Detroit planner for city planning department
News 1 week ago
Lightfoot taps Detroit planner for city planning department

Maurice Cox, who has experience in politics and is known for sharp design, will join the city in September, Mayor Lightfoot confirmed today. Mayor...

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Barneys closure leaves a crater on a Rush Street transformed by the retailer
News 1 week ago
Barneys closure leaves a crater on a Rush Street transformed by the retailer

When Barneys New York landed in Chicago in 1992, the retailer chose not to locate on Michigan Avenue because, well, it was Barneys. Opting for the...

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Barneys closure leaves a crater on a Rush Street the retailer transformed
News 1 week ago
Barneys closure leaves a crater on a Rush Street the retailer transformed

When Barneys New York landed in Chicago in 1992, the retailer chose to locate off of Michigan Avenue because, well, it was Barneys. Opting for the...

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Colliers Chicago merges with Podolsky Circle
News 1 week ago
Colliers Chicago merges with Podolsky Circle

One of the few remaining old-line Chicago commercial real estate services companies is joining forces with an industry giant. In the latest local...

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2 local stores among new Sears closures
News 1 week ago
2 local stores among new Sears closures

Sears' parent said it would close 26 stores, including locations in west suburban Bloomingdale and Merrillville, Ind. The closures, 21 Sears and...

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Walgreens closing 200 stores
News 1 week ago
Walgreens closing 200 stores

Adding to already announced cuts of up to 750 stores, the moves are part of a cost-saving plan the chain says is needed to overhaul many parts of...

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Sterling Bay Fulton Market HQ selling to German investor
News 1 week ago
Sterling Bay Fulton Market HQ selling to German investor

The office building on the western edge of the trendy corridor is poised to trade for around $175 million in what would be the city's biggest...

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Sterling Bay's Fulton Market HQ selling to German investor
News 1 week ago
Sterling Bay's Fulton Market HQ selling to German investor

The office building on the western edge of the trendy corridor is poised to trade for around $175 million in what would be the city's biggest...

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DuPage development agency rehires its old boss
News 1 week ago
DuPage development agency rehires its old boss

In a case of out with the new and in with the old, DuPage County has shaken up the leadership of its economic development unit, bringing back its...

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Pritzker launches property tax task force
News 2 weeks ago
Pritzker launches property tax task force

The group has a tight turnaround deadline-within 90 days, it must report back with administrative, electoral and legislative changes it suggests....

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How much affordable housing is too much?
News 2 weeks ago
How much affordable housing is too much?

It's a tough question to answer, but it's one City Hall must get right as it weighs proposals that could either make Chicago more livable for many...

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The week in Chicago residential real estate
News 2 weeks ago
The week in Chicago residential real estate

Click here to subscribe to Crain's Daily Gist on iTunes, Spotify and Stitcher! Click here to subscribe to Crain's Daily Gist on iTunes, Spotify and...

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DePaul College Prep acquires new campus
News 2 weeks ago
DePaul College Prep acquires new campus

The Catholic high school said it will move to the new 17-acre Roscoe Village location next year after its enrollment has expanded. DePaul College...

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City Council has no financial analyst as crucial budget cycle approaches
News 2 weeks ago
City Council has no financial analyst as crucial budget cycle approaches

The Office of Financial Analysis, which is supposed to inform aldermen on the budget and costs of other government operations, is without a...

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Chicago investor buying Grubhub HQ
News 2 weeks ago
Chicago investor buying Grubhub HQ

A prominent Chicago developer is set to pay more than $80 million for a landmark Loop office building, buying it from an investor that expected it...

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Time for Amtrak and Metra to bury the hatchet
News 3 weeks ago
Time for Amtrak and Metra to bury the hatchet

Others have it rougher. Especially those who have to travel through Chicago Union Station, a stately but outworn edifice that's completely...

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Development and hockey
News 3 weeks ago
Development and hockey

Tony Rossi Sr., 78, is chairman of RMK Management, a Chicago property manager, and president of M&R Development, a Chicago-based apartment...

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Wintrust tees up another suburban bank deal
News 3 weeks ago
Wintrust tees up another suburban bank deal

The $91 million deal for Countryside Bank buys Wintrust a foothold in the southwest suburbs, largely places Wintrust isn't in currently. Wintrust...

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Chicago's new housing commissioner prioritizes equity, funding balance
News 3 weeks ago
Chicago's new housing commissioner prioritizes equity, funding balance

Marisa Novara, the city's first housing commissioner in 10 years, calls for a citywide approach that assesses impacts on communities of color....

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