Articles filed under Commercial Real Estate

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  • Sidewalk, curb, lighting work begins around Barrington Village Center Mar 30, 2015 5:52 PM
    Work done at the village-backed commercial real estate project in downtown Barrington will begin directly affecting residents and drivers for the next month, the village announced Monday. The sidewalks adjacent to the Barrington Village Center, at Hough and Main streets, will be replaced, meaning pedestrians will have to use walkways across the street.

  • Dist. 211 renames new special-needs building Mar 28, 2015 7:30 AM
    Palatine-Schaumburg High School District 211 will start next school year with an additional building with a brand new name to house new and relocated programs serving students and graduates with special needs. Renovation of the former Barrington Orthopedic building next to Hoffman Estates High School is on schedule and the building has just been renamed the District 211 Higgins Education Center, Superintendent Dan Cates said.

  • Officials: Joe Caputo & Sons opening by July 4 in Elk Grove Village Mar 27, 2015 5:45 AM
    The new Joe Caputo & Sons Fruit Market in Elk Grove Village is expected to open July 4 or earlier, officials said this week. The store's opening date has been pushed back several times since the franchise announced in January 2014 it had acquired four former Dominick's locations in the suburbs.

  • Kuma's Corner coming to Schaumburg in July Mar 26, 2015 5:41 AM
    The Chicago-based, heavy-metal-themed burger restaurant Kuma's Corner is on track to open its first suburban location near Woodfield Mall in Schaumburg in a little more than three months. Schaumburg trustees Tuesday unanimously approved the popular eatery's plan to open in the Woodfield Village Green Shopping Center.

  • Not enough parking in $100M Town Center plan for Wheeling? Mar 24, 2015 11:29 AM
    What was supposed to be a formality for Wheeling trustees — kicking plans for the $100 million Town Center to the village’s plan commission — turned into a debate with developers Monday night about whether there will be enough parking for apartment residents, shoppers and Metra commuters.

  • Wholesale auto auction house wants Hoffman Estates land Mar 24, 2015 5:04 PM
    Hoffman Estates’ village board is expected to vote April 6 on a proposed wholesale auto auction house west of the Prairie Stone Business Park that could potentially sell about 75,000 cars per year and employ 150 full-time and 100 part-time workers. Adesa Inc., based in Carmel, Ind., is seeking approval to start with a 65-acre property at the northwest corner of Beverly Road and Prairie Stone Parkway that it could expand through two further phases to 134 acres.

  • New owners take over Tuscan Market in Arlington Heights Mar 24, 2015 7:41 AM
    Tuscan Market & Wine Shop in downtown Arlington Heights has been sold, but both its former and new owners say they business’ mission and role in the community will stay the same. “Our goal is the preserve what we consider to be an Arlington Heights institution,” new owner Colin Gilbert said.

  • New Moretti’s opens, neighboring Fridays closes in Hoffman Estates Mar 23, 2015 5:26 PM
    The recent opening of a new Moretti’s and the even more recent closing of TGI Fridays are part of a changing lineup for the restaurant campus at the southeast corner of Barrington and Higgins roads in Hoffman Estates. The sudden closing this weekend of TGI Fridays, one of the original tenants of the five-lot restaurant campus, came as a surprise to the village.

  • Why parking spaces shouldn’t always be wasted on cars Mar 22, 2015 7:39 AM
    For the last few years, Philadelphia has converted a handful of parking spots in front of neighborhood businesses into temporary “parklets” no bigger than the space that might fit one or two cars (these tiny interventions are now popular in a lot of cities). Records from adjacent businesses show sales went up about 20 percent immediately after the parks were installed, relative to right beforehand.

  • Rejected by Palatine, medical marijuana facility tries Rolling Meadows Mar 20, 2015 5:20 AM
    A medical marijuana dispensary that was licensed by the state, but denied in Palatine, is now looking to open in Rolling Meadows instead. Representatives from Nature's Care presented their proposal to open a dispensary at 975 Rohlwing Road to the Rolling Meadows city council Tuesday night and described how security, finances and sales would work if they receive approval.

  • Trader Joe's now open in Schaumburg Mar 21, 2015 7:28 AM
    Trader Joe's opened a 12,600-square-foot store at 1426 E. Golf Road in Schaumburg with a short ceremony at 8 a.m. today. In response to strong interest from residents, Schaumburg officials had long pursued bringing a Trader Joe's to the village.

  • Wendy’s restaurant near Maine East to be rebuilt Mar 19, 2015 5:37 PM
    The Wendy’s restaurant near Maine East High School will be demolished and rebuilt, as part of a remodeling effort at many of the national hamburger chain’s buildings.

  • Strip club owner says she can class up Blackjacks Mar 19, 2015 6:03 AM
    The same group that tried to buy Blackjacks Gentlemen's Club in 2013 is back for a second pitch before Kane County officials. A strip club operator promises 200 jobs, increased tax revenue for the county and a full makeover for the property. “The people who come in for a shot and a beer, we don't want them,” she said.

  • No update on vacant Rolling Meadows Dominick’s site Mar 18, 2015 5:30 AM
    No news is bad news for Rolling Meadows as officials keep waiting for development at the long-vacant Dominick’s property on Kirchoff Road. Representatives from Clark Street Development, which now owns the property, updated the city council on the project’s progress on Tuesday night, but didn’t have much to report. “There are no great announcements tonight, I’ll remove that expectation now,” said Fritz Duda, principal with Clark Street Development.

  • Des Plaines zoning change could allow $1 billion development Mar 19, 2015 8:55 AM
    Zoning changes that could allow a $1 billion development of offices, hotels, residential towers and retail that some say could rival nearby Rosemont have been approved for a 52-acre site in Des Plaines. "We believe we can do something quite a bit better here (than Rosemont),” said Rick Fawell, the project architect. “We can create an international destination.”

  • Lawsuit seeks to stop Elgin Tower Building plan Mar 16, 2015 9:41 PM
    An Elgin business owner has filed a lawsuit that could jeopardize plans to redevelop downtown’s Tower Building into apartments. Marco Muscarello owns the Gasthaus Zur Linde bar at 15 N. Grove Ave., just down the street from the iconic, historic 15-story building at 100 E. Chicago Street.

  • Camping World to build call center in Island Lake, without grant Mar 13, 2015 4:36 PM
    A planned expansion of the Camping World business in Island Lake is moving forward without a $18,000 village grant the retailer requested last month. Company representatives had wanted the money to install high-speed Internet cables for a new customer call center at the business, 4450 Darrell Road. “I was excited about the prospect of that call center moving in, and we wanted to help them as much as we can,” Mayor Charles Amrich said.

  • Rosemont purchases manufacturing building for $700,000 Mar 12, 2015 1:50 PM
    The village of Rosemont is purchasing a manufacturing building north of the Allstate Arena for $700,000. The 14,000-square-foot building at 7047-7059 Barry St. is one of about 10 remaining businesses in the neighborhood, which is home to a number of apartment buildings and the Barry Street Recreational Center.

  • Kuma's Corner may come to Schaumburg this summer Mar 12, 2015 1:12 PM
    A Schaumburg location of the Chicago-based, heavy-metal-themed burger restaurant Kuma's Corner could open around July 1 if it receives village board approval on March 24. The popular eatery known for its distinct atmosphere and menu that pull in nighttime and weekend crowds in the city received a unanimous recommendation from the village's zoning board Wednesday night.

  • Wheeling hopefuls differ on TIF district benefits Mar 11, 2015 9:09 PM
    Who benefits from tax increment financing is a source of disagreement among the four candidates seeking three seats on Wheeling’s village board in the April 7 election. Incumbent trustees Ray Lang and Dave Vogel, as well as write-in candidate Joe Vito, defend the village's use of TIF money, but challenger Mary Papantos disagrees.

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