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Old Main Post Office tenants to get state tax credit money
News 4 months ago
Old Main Post Office tenants to get state tax credit money

Two units of Mariano's owner Kroger take a total of 130,000 square feet at the structure and will get a combined $4.5 million in Edge payroll...

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Giving Guide 2019
News 4 months ago
Giving Guide 2019

Ann & Robert H. Lurie Children's Hospital of Chicago is the top pediatric hospital in Illinois, and ranked in the top 10 nationally by U. S. News &...

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Pritzker interested in South Loop megaproject
News 4 months ago
Pritzker interested in South Loop megaproject

The governor's office says it's willing to consider a major subsidy for a proposed development near Soldier Field, but the deal is likely to be a...

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Waukegan apartments sell for $42 million
News 4 months ago
Waukegan apartments sell for $42 million

The sale highlights the strength of the suburban Chicago apartment market, which has lifted rents and property values over the past several years....

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A solution for Illinois' sagging life sciences sector
News 4 months ago
A solution for Illinois' sagging life sciences sector

Chicago should form an innovation district for the industry that would be the home a vibrant ecosystem and help uplift all citizens. At first...

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Developer pitches TIF-free plan for South Loop mega-project
News 4 months ago
Developer pitches TIF-free plan for South Loop mega-project

Since city tax-increment financing has become politically radioactive, the company behind this plan to transform 20 million square feet of land...

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Developer pitches TIF-free plan for South Loop megaproject
News 4 months ago
Developer pitches TIF-free plan for South Loop megaproject

Since city tax-increment financing has become politically radioactive, the company behind this plan to transform 20 million square feet of land...

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The highest place you can live in the Loop just sold
News 4 months ago
The highest place you can live in the Loop just sold

The view out across Lake Michigan from the 72nd-floor condo and its sheltered terrace "speaks for itself," said the agent who sold it. The unit is...

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Two suburban Mariano's sell for $77 million
News 4 months ago
Two suburban Mariano's sell for $77 million

A San Diego investment firm can't get enough of Mariano's, paying $77.3 million for two of the supermarket chain's stores in Wheaton and Orland...

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These are the most endangered buildings in Illinois
News 4 months ago
These are the most endangered buildings in Illinois

The Thompson Center in the Loop, a historical bank building in Woodlawn and two old homes in Glencoe are among the dozen sites on Landmarks...

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She disrupted the book promotion business
News 4 months ago
She disrupted the book promotion business

Tradition-bound New York publishers didn't have a clue how market new titles to a youthful audience wielding growing influence with book buyers....

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Will Sterling Bay's HQ sell for $200 million?
News 4 months ago
Will Sterling Bay's HQ sell for $200 million?

Chicago developer Sterling Bay has put its Fulton Market headquarters on the market, a building that could fetch as much as $200 million. The 290...

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Big boxes becoming a big headache for shopping center landlords
News 4 months ago
Big boxes becoming a big headache for shopping center landlords

With big chains like Carson's going out of business or closing stores, the amount of available retail anchor space-the biggest stores in shopping...

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City fund from developer payments makes $25 million in grants
News 4 months ago
City fund from developer payments makes $25 million in grants

A rendering of One Chicago Square, a 76-story residential high-rise under construction in River North. Chicago-based JDL Development agreed to pay ...

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LaSalle Street office tower could fetch $280 million
News 4 months ago
LaSalle Street office tower could fetch $280 million

Tishman Speyer, which paid $211 million in 2013 for the 40-story building at 190 S. LaSalle, aims to cash out while demand for office space in the...

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Trump Tower condo hits the market at 20% below purchase price
News 4 months ago
Trump Tower condo hits the market at 20% below purchase price

A condo in the Trump International Hotel & Tower is on the market for about 20 percent less than its original price. The owners paid $2.3 million...

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Micro-hospitals provide macro community impact
News 4 months ago
Micro-hospitals provide macro community impact

In Illinois, safety-net hospitals, which depend on Medicaid payments, have come out to complain about the state's managed care program as stated in...

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Want to see what a $70K TV looks like?
News 5 months ago
Want to see what a $70K TV looks like?

Abt Electronics is the only place in the country displaying Samsung's much-ballyhooed 98-inch TV. Here's why the Glenview retailer gets a head...

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$500 million development gets Oak Brook green light
News 5 months ago
$500 million development gets Oak Brook green light

The Oak Brook Commons plan calls for the village's first apartments, as well as a hotel, restaurants, and retail and office space. Plans for the ...

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Chicago investors pick up Hoffman Estates rental complex
News 5 months ago
Chicago investors pick up Hoffman Estates rental complex

A Chicago residential real estate investor that's been ramping up its stake in the suburban apartment market just picked up its largest local...

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Health care laws protect citizens from whims of corporations
News 5 months ago
Health care laws protect citizens from whims of corporations

In Illinois we have special laws for buying, selling, and closing hospitals. Those laws protect communities in need of reliable access to health...

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Lessons from New York, L.A. and beyond
News 5 months ago
Lessons from New York, L.A. and beyond

Ending aldermanic say-so entirely would be an overcorrection. Many residents-particularly from black and brown communities-have reason to distrust...

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Housing nonprofit faces reckoning over $85 million in debt
News 5 months ago
Housing nonprofit faces reckoning over $85 million in debt

Ohio-based Better Housing Foundation expects to miss its June payments on nearly $85 million in bonds backed by about 1,000 South Side apartments....

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Westlake controversy shows where hospitals are headed
News 5 months ago
Westlake controversy shows where hospitals are headed

The battle over the proposed closure of a Melrose Park hospital is a sign of things to come for other community hospitals squeezed by tectonic...

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Trump's opportunity zone rules deliver on investors' wish list
News 5 months ago
Trump's opportunity zone rules deliver on investors' wish list

The Trump administration sought to clear away those hurdles Wednesday with new guidelines designed to meet investor wishes, while leaving...

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Want to live at the top of the South Loop? Here's your view.
News 5 months ago
Want to live at the top of the South Loop? Here's your view.

Next month, the first residents start moving into Nema Chicago, the tallest high-rise in the South Loop. With more than 2,500 apartments opening in...

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Boston-based affordable housing nonprofit expands its Chicago footprint
News 5 months ago
Boston-based affordable housing nonprofit expands its Chicago footprint

Preservation of Affordable Housing, a Boston-based nonprofit, has paid $24 million for six senior housing buildings in Harvey, South Chicago and...

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The 78 and Lincoln Yards will move the needle on minority hiring
News 5 months ago
The 78 and Lincoln Yards will move the needle on minority hiring

Mayor-elect Lori Lightfoot has been critical of the way tax-increment financing money has been deployed throughout the city, and her concerns-plus...

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Logan Square church-turned-apartments for sale
News 5 months ago
Logan Square church-turned-apartments for sale

A Chicago developer that converted one of the oldest churches in Logan Square into apartments has put the property up for sale with a price of $4.5...

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Most of Illinois is paying too much in taxes.
News 5 months ago
Most of Illinois is paying too much in taxes.

As winter gives way to spring, millions of Illinois residents are filing their annual state income taxes. And even though Illinois has far less...

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