Articles filed under Commercial Real Estate
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Years in the making: Schaumburg’s 31st hotel receives occupancy permitApr 18, 2024 11:15 am - Having weathered a number of delays, not least of which was caused by a global pandemic, the 87-room Holiday Inn Express & Suites at 40 N. Martingale Road in Schaumburg h...
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Habitat for Humanity’s Naperville ReStore moving to Fox River CommonsApr 17, 2024 8:53 am - Forced to vacate its current location due to the redevelopment of Fox River Mall, Habitat for Humanity’s ReStore retail outlet in Naperville is moving to a nearby shoppin...
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Demolition of downtown Fox River Grove block to start this monthApr 16, 2024 6:39 pm - A full block of empty buildings in downtown Fox River Grove will be demolished and turned into a grassy lot by the summer. All of the buildings along a stretch of Route 1...
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Rosemont’s Stephens statue will be on the moveApr 10, 2024 7:16 pm - The eight-foot, 1,500-pound bronze-cast statue of Rosemont’s founding Mayor Donald E. Stephens — along with furniture, computers and paperwork that might fit more easily ...
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‘A very strong development’: Nordstrom Rack to open soon in WheatonApr 03, 2024 7:03 pm - Nordstrom Rack is expanding into the Chicago suburbs with an eagerly anticipated store opening in Wheaton next month and another coming to Geneva in 2025. Three tenant sp...
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‘This was a good decision we made’: Mellody Farm paying off in Vernon HillsApr 03, 2024 9:53 am - TIF district could be dissolved 14 years early Nearly eight years ago, the question in Vernon Hills was whether a hefty upfront village incentive to ignite developme...
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Demolition begins at International Plaza in Arlington HeightsApr 02, 2024 6:36 pm - Demolition is underway at International Plaza, the blighted, shuttered shopping center on the south side of Arlington Heights, where redevelopment has stalled through mor...
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After many delays, Des Plaines authorizes condemnation of former Leona’s buildingApr 02, 2024 1:11 pm - After nearly a year of discussions and delays, Des Plaines officials have taken a key step toward condemning a long-vacant restaurant building in the heart of the downtow...
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West Chicago seeks new city hall, downtown developmentApr 01, 2024 7:59 pm - West Chicago officials simultaneously are working toward building a new city hall and addressing downtown development. Working with Oak Brook-based FGM Architects for nea...
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Winfield, school districts clash over downtown TIF fundsMar 26, 2024 7:34 pm - Winfield trustees have agreed to provide some financial incentive — up to $100,000 — for a bakery and cafe to open in the village’s downtown, but it was not without contr...