The Fed’s interest rate cut could jump-start residential development in downtown Chicago. ‘We need to have cranes in the sky.’
Fulton Market could be especially active with development as interest rates decline.
Home > Reviews
All Stories
Developers propose 27-story apartment tower for downtown Evanston
GW Properties, which acquired Church Street Plaza in 2021, along with its partner, Chicago-based Luxury Living, submitted an initial zoning application to the city, but plans could change as they...
Cook County property tax incentive taken advantage of by hundreds of landlords annually aims to boost affordable housing
Hundreds of Cook County landlords each year are taking advantage of a property tax incentive designed to preserve and create affordable housing.
Demolition of Hoffman Estates’ iconic Sears complex starts, opening a new era for high-tech industry
Compass Datacenters bought much of the 273-acre site and plans to construct five massive data centers, which house the IT components needed to run the internet.
Downtown lodging industry was big winner during last week’s DNC, thanks to higher room rates and full hotels
On the second night of the convention, the average daily room rate was 76% higher than the same day a year earlier.
DNC put Chicago in the limelight, but it also emptied the Loop of office workers
“We lost around 60 to 70% of our lunchtime business,” said Brad Alaoui, chief operating officer of Roanoke Hospitality and operator of The Roanoke restaurant at 135 W. Madison St.
Demolition permits issued for industrial buildings prized by historic preservationists
The property owner has proposed replacing the structures with a modern distribution facility, but a local alderman opposes that plan.
Skokie Plan Commission approves hundreds of new apartments at Old Orchard mall as residents push for more affordable housing
Unibail-Rodamco-Westfield plans to break ground on up to 425 residences in 2025, completing construction by 2027.
Kamala Harris’ move to the top of the ticket gave DNC hotel bookings in Chicago a boost, but don’t expect Taylor Swift-level crowds
The Democratic National Committee signed contracts with more than 40 Chicago hotels, including the InterContinental Chicago Magnificent Mile, Palmer House Hilton and Sheraton Grand Chicago.
Office footprints in the West Loop are shrinking, but companies on the move are seeking top-notch spaces
But smaller offices don’t necessarily mean worse environments. Employers are more likely to seek newer buildings with top-notch amenities.