Ryan Ori – Page 9 –

DL3 Realty managing principal Leon Walker stands outside a row of businesses in the 1500 block of East 63rd Street in Chicago. DL3 has been involved in several successes on the South Side.

COVID-19 has devastated Chicago real estate, but it’s amplified calls for equity. Will 2021 be a year of progress on the South and West sides?

December 18, 2020 at 8:09 a.m.

Next year is setting up as quite the balancing act for commercial real estate and development in Chicago. The coronavirus pandemic has challenged the prosperity of Chicago's downtown. The unprecedented...

Rep. Tom Reed, R-N.Y., speaking, and a bipartisan group of lawmakers hold a news conference on virus relief on Dec. 2, 2020, in Washington. Rep. Josh Gottheimer, D-N.J, is at right. Reed and Gottheimer are co-chairs of the bipartisan Problem Solvers Caucus.

Stimulus update: Federal pandemic relief set to expire, but there’s still COVID-19 aid available in Illinois. Here’s how to get help.

December 14, 2020 at 2:23 p.m.

As Congress negotiates a fresh round of coronavirus relief, the clock is ticking on several forms of federal aid, but there is still help available in Illinois. The $2.2 trillion...

The Gap at 555 N. Michigan Ave. on Wednesday, Nov. 20, 2019.

Gap closing three-story flagship on Chicago’s Magnificent Mile

December 8, 2020 at 8:00 p.m.

The Gap is closing its two-decade home on the Magnificent Mile, leaving a big space to fill on Chicago's best-known retail street. Signs in the North Michigan Avenue flagship's windows...

Huge apartment towers pitched for South Loop, Near West Side despite uncertainty for downtown Chicago

December 8, 2020 at 2:11 p.m.

COVID-19 has slowed Chicago's economy, but two bullish developers have drawn up ambitious plans that would bring a combined 1,200 apartments to two city neighborhoods. The plans would add three...

Owner Thomas Brickler inside his store, Dec. 3, 2020, at Neon Shop Fishtail in Bucktown.

There are more than 221,000 PPP stories in Illinois. Some small businesses got millions. One got $73.

December 4, 2020 at 5:21 p.m.

The Paycheck Protection Program was designed to be a bridge from pandemic panic to business as usual for the stores and offices lining America's Main Streets. Despite the Small Business...

A rendering shows the completed skyscraper at the halted construction site of 1000M, seen July 7, 2020, in Chicago.

Helmut Jahn-designed skyscraper, halted by COVID-19, could be revived as apartment tower in 2021

December 1, 2020 at 3:49 p.m.

The biggest Chicago skyscraper to have construction halted by the coronavirus pandemic could be revived in 2021 — as apartments instead of condos. Unit layouts are being redesigned at 1000M,...

Esports arena for professional video game competitions planned for Chicago’s Near South Side

December 1, 2020 at 3:12 p.m.

Professional video game players could compete in front of large crowds on the Near South Side if a local real estate developer's unique, post-pandemic vision comes to fruition. Scott Greenberg,...

Round 2 of Invest South/West seeks to revive Bronzeville, South Chicago, New City, North Lawndale

November 30, 2020 at 2:45 p.m.

After receiving a dozen real estate development proposals for the initial three sites in Mayor Lori Lightfoot's Invest South/West initiative, the city is seeking developers for four more properties. Lightfoot...

Architect Helmut Jahn looks over drawings of his State of Illinois Center in 1980.

Pandemic provides latest snag in state’s long-simmering efforts to sell Thompson Center

December 23, 2020 at 11:33 a.m.

Count the state of Illinois' plan to line up a buyer for the James R. Thompson Center by the end of 2020 as another casualty of the coronavirus pandemic. A...

Concrete workers top out the Vista Tower on the 101st floor on April 26, 2019.

Goodbye Vista Tower, hello St. Regis. Chicago’s newest skyscraper has a new name, new hotel and a restaurant deal with Alinea Group.

November 25, 2020 at 7:47 a.m.

Vista Tower is getting a new name, just weeks before the first residents move into Chicago's third-tallest skyscraper. The tower's new moniker, The St. Regis Chicago, comes as the project's...

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