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2 local stores among new Sears closures
News 5 months 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 5 months 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's Fulton Market HQ selling to German investor
News 5 months 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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Sterling Bay Fulton Market HQ selling to German investor
News 5 months 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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DuPage development agency rehires its old boss
News 5 months 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 5 months 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 5 months 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 5 months 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 5 months 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 5 months 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 5 months 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 6 months 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 6 months 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 6 months 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 6 months 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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Lightfoot taps new members for key development, immigrant aid posts
News 6 months ago
Lightfoot taps new members for key development, immigrant aid posts

Mayor Lori Lightfoot continues to purge former mayor Rahm Emanuel's appointees to city boards and offices. She announced this week key appointments...

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Amtrak, Metra hit impasse on new Union Station deal
News 6 months ago
Amtrak, Metra hit impasse on new Union Station deal

Negotiations have broken off between Amtrak and Metra for a new lease governing the suburban rail agency's use of Chicago Union Station casting a...

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Illinois Senate president floats affordable housing incentive plan
News 6 months ago
Illinois Senate president floats affordable housing incentive plan

The president of the Illinois Senate is floating a plan to create more affordable housing here-even in the toniest of new luxury apartment...

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