Industry News

Obama Presidential Center Museum Tower tops off over Woodlawn

President Obama recently visited the Obama Presidential Center construction site in Chicago to celebrate the Museum Building, the tallest structure on the 19.3-acre campus, topping out at its final he …

The Prime Group and CRG acquire the Jewelers Building

The Prime Group and CRG have entered into a joint venture to acquire the 40-story landmark Jewelers Building located at 35 E. Wacker Drive in Chicago. Clayco, headquartered in Chicago, will expand its …

Related Midwest breaks ground at 400 Lake Shore

As construction continues, Related Midwest celebrated the groundbreaking of phase one of 400 Lake Shore in downtown Chicago, along with city and state officials, project partners, labor and community …

CDC approves $26.2 million in TIF funding for adaptive reuse at 208 S. LaSalle

The Community Development Commission has approved $26.2 million in TIF funding for The LaSalle Residences at 208 S. LaSalle. Planned by The Prime Group, the 21-story building was Burnham’s last design …

CDC approves $57 million in TIF for 30 N. LaSalle

The Community Development Commission has approved $57 million in TIF financing for the adaptive reuse of 30 N. LaSalle. Planned by Golub and Co, the 44-story office tower was built in 1974 and is 52% …

CTA plans rehabilitation of the Western Brown Line Station

The Chicago Transit Authority (CTA) has detailed its plans to modernize the Western Brown Line station and bus turnaround, bringing the station back to a state of good repair for the Lincoln Square co …

Chicago Metra launches $332 million construction plan

Chicago Metra has announced plans for several major construction projects this year, including the replacement of ageing bridges on the UP North Line, track, electrical and signal upgrades on the Metr …

The Chicago City Council has approved developers Mark Goodman & Associates and Weldon Development Group's new scheme for a mixed-use development at 400 N. Elizabeth. Fronting N. Elizabeth St, the irre …

Chicago approves $158 million in bonds for downtown office conversions, major redevelopment projects

Chicago City Council has approved $158 million in tax-exempt housing revenue bonds for the LaSalle Residences project to repurpose office space into 226 residential units and the Monroe Residences and …

Renderings emerge for Satellite Concourse 1 as part of O’Hare 21

Mayor Brandon Johnson and the Chicago Department of Aviation have unveiled the design of Satellite Concourse 1, the first major component of the O’Hare 21 Terminal Area Plan expansion and modernizatio …

25 story mixed-use building in Chicago gets plan approval

The Chicago Plan Commission has approved Sterling Bay’s mixed-use development at 2033 N. Kingsbury. This project, situated directly across from Lincoln Yards North, bridges the gap between the high-de …

Plan Commission approves 2033 N. Kingsbury

The Chicago Plan Commission has approved Sterling Bay’s proposed mixed-use development at 2033 N. Kingsbury. Originally announced in September 2022, the project site is directly across the street from …

Chicago kicks off road construction season

The City of Chicago has started the 2023 road construction season, highlighting one of several projects – resurfacing of 3.75 miles of 63rd Street between Harlem Avenue and Calumet Avenue. Work includ …

Plan Commission Approves 370 N Carpenter Street In West Loop

The Chicago Plan Commission has approved the mixed-use development at 370 N Carpenter Street in the West Loop. Located on the intersection with N Aberdeen Street near the upcoming Fulton Park campus, …

CDC approves $14 million TIF for Oak/Larrabee

The Community Development Commission has approved $14 million in TIF funding for a mixed-income residential development at 993 N. Larrabee. Planned by Brinshore Development and The Michaels Organizati …

Timeline And Renderings Revealed For Halsted Landing In River West

Further details and a timeline have been revealed for ‘Halsted Landing’ at 700 W Chicago Avenue in River West. Located along the river just north of the upcoming casino site, the three-phase developme …

Chicago wrapping up ‘year of building and preserving affordable housing’

Mayor Brandon Johnson says his first year in office was a good one for building and repairing affordable housing across Chicago. “In the past year, we have shifted from patchwork solutions to pioneeri …

Bears unveil plans for new lakefront stadium in Chicago’s Burnham Park project

During a public presentation at Soldier Field last week, the Bears unveiled plans to build a new, fixed-roof stadium along Chicago’s lakefront. The Burnham Park Project includes a new publicly-owned m …

Construction begins on redevelopment of Thompson Center

Joined by Illinois Gov. J.B. Pritzker, Chicago Mayor Brandon Johnson and Google Chicago Site Lead Karen Sauder, Prime | Capri Interests today marked the start of construction for the James R. Thompson …

Trammell Crow assembles multi-phase mixed-use development

Trammell Crow Company has unveiled their multi-phase, mixed-use assemblage dubbed Fulton Park Campus. Located in Fulton Market, the assemblage of properties and developments will deliver a combination …

$30 million funding boost to revitalize Illinois downtowns

Another $30 million will be added to the Rebuild Illinois Downtowns and Main Streets Capital (RDMS) program, and the Research in Illinois to Spur Economic Recovery (RISE) program. “To boost job creati …

Chicago’s Most Expensive Condo Being Constructed By Director George Lucas

“Star Wars” creator George Lucas, have expanded his real estate portfolio with the purchase of a $11.2 million 66th-floor penthouse in Streeterville’s 800 N Michagan Avenue building from Citadel found …

Chicago Transit Authority Awarded $111 Million Grant for Blue Line Track Replacement Project

The Chicago Transit Authority released renderings for the new, fully accessible Lawrence, Argyle, Berwyn and Bryn Mawr stations last week, after announcing $111 million from the department of transpor …

Groundbreaking launches $300 million ElevateT3 project to upgrade O’Hare

Officials held a groundbreaking ceremony to launch construction on the $300 million ElevateT3 project at O’Hare International Airport to upgrade the ageing terminal facilities. Construction will be pe …

Obama Presidential Center Museum Tower tops off over Woodlawn

The Prime Group and CRG acquire the Jewelers Building

Related Midwest breaks ground at 400 Lake Shore

CDC approves $26.2 million in TIF funding for adaptive reuse at 208 S. LaSalle

CDC approves $57 million in TIF for 30 N. LaSalle

CTA plans rehabilitation of the Western Brown Line Station

Chicago Metra launches $332 million construction plan

City Council approves 400 N. Elizabeth

Chicago approves $158 million in bonds for downtown office conversions, major redevelopment projects

Renderings emerge for Satellite Concourse 1 as part of O’Hare 21

25 story mixed-use building in Chicago gets plan approval

Plan Commission approves 2033 N. Kingsbury

Chicago kicks off road construction season

Plan Commission Approves 370 N Carpenter Street In West Loop

CDC approves $14 million TIF for Oak/Larrabee

Timeline And Renderings Revealed For Halsted Landing In River West

Chicago wrapping up ‘year of building and preserving affordable housing’

Bears unveil plans for new lakefront stadium in Chicago’s Burnham Park project

Construction begins on redevelopment of Thompson Center

Trammell Crow assembles multi-phase mixed-use development

$30 million funding boost to revitalize Illinois downtowns

Chicago’s Most Expensive Condo Being Constructed By Director George Lucas

Chicago Transit Authority Awarded $111 Million Grant for Blue Line Track Replacement Project

Groundbreaking launches $300 million ElevateT3 project to upgrade O’Hare

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