Articles filed under Commercial Real Estate
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Illinois House speaker calls Bears stadium ask ‘insensitive’ amid budget pressuresJan 06, 2026 8:17 pm - Illinois House Speaker Emanuel “Chris” Welch said Tuesday that legislation giving the Chicago Bears tax breaks and state assistance to redevelop Arlington Park is not high in his agenda this spring.
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High-end fitness center, retail coming to old Dominick’s site in Buffalo GroveJan 06, 2026 5:56 pm - Buffalo Grove trustees gave their endorsement this week to the plan to transform the old Dominick’s site into a high-end fitness center with retail.
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Developers proposing shops at former Pheasant Run ask for $3.3M in incentives from St. CharlesJan 06, 2026 1:59 pm - A developer is eyeing the construction of 12 to 15 buildings — including shops, restaurants and a possible hotel — at the site of the demolished Pheasant Run Resort in St. Charles.
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Closed Schaumburg YMCA relocating to former retail sitesDec 30, 2025 4:40 pm - After closing more than a year ago, Schaumburg’s 56-year-old YMCA branch is reopening soon after taking over two former retail sites in town.
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Development of Experior Logistics’ trucking headquarters in southwest Schaumburg delayedDec 29, 2025 5:41 pm - Experior Logistics’ plan for a new trucking headquarters on 55 acres in southwest Schaumburg is at a financial impasse, officials say, with the village’s June deadline looming for the completion of buildings that haven’t even been started yet.
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‘Illinois cannot afford to lose this’: Local leaders hope to keep Bears in stateDec 18, 2025 7:45 pm - Arlington Heights Mayor Jim Tinaglia urged Springfield legislators to support the Bears’ request for a property tax break and public infrastructure funding, arguing that losing the team would be a “dark day” for Illinois.
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Reimagining Chase Plaza: Developer outlines plans for Buffalo Grove shopping centerDec 18, 2025 5:49 pm - Plans for Buffalo Grove’s Chase Plaza revealed this week call for a complete overhaul of the moribund shopping center that was left with a gaping hole after the exit of a Dominick’s grocery store more than a decade ago.
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Pride and joy of Northwest Indiana? Bears president floats move as deal for Arlington Park stallsDec 17, 2025 5:52 pm - Stymied by hopes of a property tax break and infrastructure dollars for a new stadium and entertainment complex in Arlington Heights, Chicago Bears officials Wednesday expanded their stadium search across state lines to Northwest Indiana.
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Increased St. Charles tax levy needed to fund pensions, inflation for services, officials sayDec 15, 2025 12:01 pm - The city of St. Charles approved a $15.4 million 2025 property tax levy, an increase over last year, in a plan officials said is meant to help pay for rising costs of services due to inflation and first responder pensions.
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Health club, retail tenant proposed for former Dominick’s in Buffalo Grove’s Chase PlazaDec 12, 2025 5:10 pm - A developer is proposing dividing a former Dominick’s building in Buffalo Grove into two tenant spaces for both a health club and a general retail use.