Articles filed under Commercial Real Estate
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Developers look to convert offices into studio apartments in CaryApr 15, 2025 1:43 pm - A two-story office building off Route 14 in Cary could be turned into 12 studio and one-bedroom apartments in the next few years.
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Wheaton office park could turn into multifamily housing developmentApr 15, 2025 9:49 am - The owners of the Wheaton Oaks office park are asking the city to rezone the property to help pave the way for a future multifamily development.
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Despite criticisms, Mundelein approves plan for Ivanhoe Village payments to schools, libraryApr 14, 2025 10:03 pm - Mundelein trustees have approved a tentative plan for how much the company behind the proposed Ivanhoe Village development should pay the schools and library that will be used by its eventual residents.
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Restaurant campus on target for spring 2026 opening in Schaumburg near WoodfieldApr 10, 2025 3:14 pm - At least seven restaurant tenants including Lazy Dog, Cava, Piccolo Buco and Naansense are expected to start moving into the 7.4-acre Crossroads of Schaumburg development at the northwest corner of Golf and Meacham roads in October following its groundbreaking this week.
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Lake Zurich leaders hope sale of key lakefront property will spark redevelopmentApr 08, 2025 5:46 pm - After more than 20 years of proposals that haven’t materialized, Lake Zurich officials on Monday sold a prime property downtown with hopes it finally will be developed and boost ongoing revitalization efforts.
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Deal with new BMO bank building to add public parking in downtown PalatineApr 08, 2025 5:27 pm - A redevelopment agreement with the prospective owner of the BMO building in downtown Palatine promises to boost the inventory of public parking.
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Barrington close to decision on $17 million incentive agreement for ‘Golden Triangle’ developmentApr 08, 2025 3:41 pm - After nearly a year of negotiations with Compasspoint Development, Barrington has a redevelopment agreement for the “Golden Triangle” worth $17 million ready for village board approval.
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Sugar Grove voters say ‘No’ to The Grove in advisory measureApr 06, 2025 10:23 am - Sugar Grove voters last week backed an advisory referendum calling for village officials to rescind previous approval of the massive The Grove development near Interstate 88 and Illinois Route 47 interchange.
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Mount Prospect approves Lake Center Plaza expansionApr 04, 2025 8:52 am - Elk Grove Village-based Broadway Electric Inc., a full-service electrical contractor, is moving to Lake Center Plaza, at the northwest corner of Algonquin Road and Wall Street, in Mount Prospect.
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Vetter’s $163 million expansion plan faces big vote in Des PlainesApr 03, 2025 1:05 pm - A German pharmaceutical company’s $163 million plan to expand its Des Plaines facility could get a key go-ahead from the city council Monday.