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Apartments planned next to CTA station in Bronzeville
News 14 hours ago
Apartments planned next to CTA station in Bronzeville

The 91-unit project will "bring new life to 43rd Street and hopefully increase ridership and business growth around the L station," says Ald. Pat...

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CVS to open across from Wrigley Field
News 15 hours ago
CVS to open across from Wrigley Field

After trying to bring a new bar and restaurant to a redevelopment across the street from Wrigley Field, a local real estate firm has inked a deal...

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Former head of UI Labs tapped as CEO of medical 3D printing startup
News 18 hours ago
Former head of UI Labs tapped as CEO of medical 3D printing startup

Caralynn Nowinski Collens, who stepped down earlier this year as head of federally funded research center UI Labs, is returning to her roots in...

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Impact Engine raises new $25 million fund
News 18 hours ago
Impact Engine raises new $25 million fund

Impact Engine, a Chicago venture fund launched three years ago to invest in companies that will do well and do good, has raised a new, larger fund....

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Last week's most-viewed real estate stories
News 1 day ago
Last week's most-viewed real estate stories

Topping our list of the most-popular real estate stories last week on ChicagoBusiness.com: News that longtime NFL defensive end Israel Idonije has...

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Illinois preterm births • Insulin cost cap • New leadership at Rush Copley
News 3 days ago
Illinois preterm births • Insulin cost cap • New leadership at Rush Copley

PREMATURE BIRTHS IN ILLINOIS: The March of Dimes' 2019 report on preterm birth rates gives Illinois a grade of D+, with 10.7 percent of births in...

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University of Illinois seeks big budget increase
News 4 days ago
University of Illinois seeks big budget increase

The system's board approved a request for $697.3 million for next year, seeking a 12 percent budget boost for the three schools. The University of...

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AI software firm DataCubes raises $15 million
News 4 days ago
AI software firm DataCubes raises $15 million

DataCubes, a startup that's bringing artificial intelligence to the drudgery of insurance underwriting, raised another $15.2 million. The company,...

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Lightfoot vs. Uber
News 4 days ago
Lightfoot vs. Uber

Mayor Lightfoot says Uber offered pastors $54 million to get her to change her mind on ride-hailing taxes. Uber suggests the mayor is confused with...

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Crain's Chicago Business celebrates our 2019 40 Under 40s
News 4 days ago
Crain's Chicago Business celebrates our 2019 40 Under 40s

Crain's Chicago Business celebrated this year's 40 Under 40 winners, our definitive list of those reinventing what it means to do business in the...

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Developers blasted for massive Northbrook housing plan
News 4 days ago
Developers blasted for massive Northbrook housing plan

A group of developers need a mulligan on their ambitious plan to turn the shuttered Green Acres Country Club in Northbrook into a sprawling...

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Loop property sale raises prospect of big tower
News 4 days ago
Loop property sale raises prospect of big tower

The owner of the office building at 77 W. Wacker acquired the Garvey Court property next door. The property, which was at the center of a...

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Hospitals ask judge to enforce ruling against CMS • Google's patient data play • AbbVie's big bond sale
News 5 days ago
Hospitals ask judge to enforce ruling against CMS • Google's patient data play • AbbVie's big bond sale

Hospitals have asked a federal judge to enforce a September ruling to keep the Trump administration from enacting site-neutral payments for doctor...

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Industrial vacancy rate keeps falling amid 'unbelievable' demand
News 6 days ago
Industrial vacancy rate keeps falling amid 'unbelievable' demand

Fueled largely by the e-commerce boom, the local rate dropped to 6.15 percent in the third quarter, its lowest since the beginning of 2001. It's...

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Hyatt a bidder for Xenia's $500 million Kimpton portfolio
News 6 days ago
Hyatt a bidder for Xenia's $500 million Kimpton portfolio

Xenia has received multiple offers for the portfolio, which could fetch about $500 million, said one of the people who requested anonymity because...

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Food bank plans $50 million kitchen to feed aging Baby Boomers
News 1 week ago
Food bank plans $50 million kitchen to feed aging Baby Boomers

The Greater Chicago Food Depository hopes to make up to 17,000 scratch meals a day for Cook County's aging population, which is on course to double...

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Charity care spending in Cook County • Leapfrog's hospital grades • The looming millennial threat
News 1 week ago
Charity care spending in Cook County • Leapfrog's hospital grades • The looming millennial threat

Note: 2018 data for hospitals with $500 million or more in net revenue. HERE'S WHAT LOCAL HOSPITALS SPEND ON CHARITY CARE: The amount hospitals in...

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‘I don't think we've ever seen anyplace turn into a luxury market so fast'
News 1 week ago
‘I don't think we've ever seen anyplace turn into a luxury market so fast'

The West Loop has been the city's fastest-changing neighborhood for several years, with the advent of corporate offices like McDonald's, Google and...

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Sterling Bay moving HQ to new Fulton Market building
News 1 week ago
Sterling Bay moving HQ to new Fulton Market building

After selling its home, the developer is preparing to relocate to its newest project in the trendy corridor-to the area where it helped spark...

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Invenergy expands Wacker Drive HQ
News 1 week ago
Invenergy expands Wacker Drive HQ

Clean-energy power company Invenergy has added more space to its Wacker Drive headquarters after a two-year hiring spree that's boosted its...

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These American cities have been taken over by Airbnb
News 1 week ago
These American cities have been taken over by Airbnb

While Airbnb growth is stagnant in some of the nation's largest cities-including Chicago-other cities are teeming with units. The Florida city...

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Walgreens said to eye take-private deal • Advocate Aurora plans $50 million in community investments • Medicaid expansions may affect admissions
News 1 week ago
Walgreens said to eye take-private deal • Advocate Aurora plans $50 million in community investments • Medicaid expansions may affect admissions

WALGREENS SAID TO EXPLORE TAKE-PRIVATE DEAL: The Deerfield-based pharmacy giant has been considering a potential deal to take the company private...

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West Loop office building hits the market
News 1 week ago
West Loop office building hits the market

After cashing out this year on two downtown office buildings, a Pennsylvania real estate firm is looking to unload a third. A venture of Bryn Mawr,...

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Crain's Chicago Business
News 2 weeks ago
Crain's Chicago Business

Join us for a yearlong deep dive into some of the seemingly intractable problems facing our city and state. We've got news, analysis and possible...

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Marmon buying Colson Medical • Humira faces international competition • Illinois ACA rates trending downward
News 2 weeks ago
Marmon buying Colson Medical • Humira faces international competition • Illinois ACA rates trending downward

MARMON HOLDINGS BUYING COLSON MEDICAL: It's a sort of homecoming for Pritzker family-owned Colson Medical, as Marmon Holdings has purchased a 60...

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Arlington Heights apartments fetch $58 million
News 2 weeks ago
Arlington Heights apartments fetch $58 million

A venture led by TLC Management CEO Stuart Handler acquired Dunton Tower, a 216-unit building in the northwest suburb's downtown. It's the latest...

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Last week's most-viewed real estate stories
News 2 weeks ago
Last week's most-viewed real estate stories

Topping our list of the most-popular real estate stories last week on ChicagoBusiness.com: News on how a change in federal tax law had an impact on...

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Cashing in on soaring demand for TV and film studio space
News 2 weeks ago
Cashing in on soaring demand for TV and film studio space

Peter Hawley is trying to sell real estate investors on the idea of creating more TV and movie studios in Chicago with a fitting line: If you build...

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Obamacare rates trending downward in Illinois
News 2 weeks ago
Obamacare rates trending downward in Illinois

Most Illinoisans buying coverage through the state's exchange will see rate changes ranging from 5 percent decreases to 5 percent increases,...

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Lanning Macfarland, Law Bulletin's savior, dies at 94
News 2 weeks ago
Lanning Macfarland, Law Bulletin's savior, dies at 94

Lanning Macfarland Jr., a former publisher of the Chicago Daily Law Bulletin who saved and then diversified the parent company owned by his family...

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