Articles filed under Commercial Real Estate
-
‘A very strong development’: Nordstrom Rack to open soon in WheatonApr 03, 2024 7:01 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...
-
‘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...
-
Demolition begins at International Plaza in Arlington HeightsApr 02, 2024 6:35 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...
-
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...
-
West Chicago seeks new city hall, downtown developmentApr 01, 2024 12:30 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...
-
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...
-
‘More to come’: Developer selling Mount Prospect buildings has more projects on tapMar 26, 2024 5:32 pm - Mount Prospect developer Nick Papanicholas, Jr. said Tuesday he remains committed to the village and has other ideas for revitalizing the downtown, despite recently listi...
-
Three downtown Mount Prospect apartment buildings on the marketMar 26, 2024 12:47 pm - Three multistory apartment buildings in downtown Mount Prospect are on the market. The buildings — the 20West building at 20 W. Northwest Highway, Maple Street Lofts at 2...
-
Lee & Associates of Illinois negotiates a new industrial warehouse lease for Bullfrog International in ElginMar 25, 2024 7:00 pm - Growing hot tub retailer commits to industrial space to support expanding Illinois retail presence Rosemont, IL — Lee & Associates, one of the largest national comm...
-
‘Fair and sensible’: Arlington Heights proposes tax deal as Bears turn focus away from racetrack siteMar 18, 2024 9:42 pm - Acting as intermediary — and perhaps hoping to get the Bears to redirect their focus to redeveloping the vacant Arlington Park racetrack — village officials Monday unveiled their proposed settlement to a long-running property tax dispute between the franchise and three area school districts.