Articles filed under Commercial Real Estate
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Indoor pickleball facility proposed for Batavia shopping centerOct 28, 2024 4:14 pm - Batavia City Council members will review plans Tuesday to transform a vacant shopping center on Randall Road into an indoor pickleball facility.
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Former Mount Prospect fire and police headquarters now a luxury apartment complexOct 28, 2024 11:01 am - The former site of Mount Prospect’s police and fire headquarters is enjoying new life as a luxury apartment complex.
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Wheeling paves way for Gas N Wash to get steep property tax breakOct 24, 2024 12:49 pm - A company set to build a gas station, a convenience store and other businesses on Wheeling’s west side is in line for a steep property tax discount.
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Geneva shopping center sells off four outlotsOct 23, 2024 9:54 am - The Randall Square Shopping Center in Geneva has sold four of its outlots, as its owner concentrates attention on the mall’s main building.
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Geneva council OKs $42.8M TIF deal with warehouse developerOct 22, 2024 8:13 am - The Geneva City Council Monday approved a $42.8 million tax increment finance redevelopment agreement with MIF-Geneva Park for development of a new industrial park as part of the city’s South East Master Plan.
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Chick-fil-A coming soon, part of new developments in St. CharlesOct 15, 2024 10:55 am - An uptick in east side development, a grand opening date for the new Chick-fil-A and a booming industrial sector were highlights of the 2024 St. Charles City Update.
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Geneva council backs zoning change to allow food manufacturingOct 13, 2024 11:46 am - In a 6-3 vote, the Geneva City Council voted last week to allow food manufacturing in one of its light industrial zoning districts. Indiana-based MSI Express Inc. plans to lease an industrial building at 1885 E. State St. to expand its operations, but the city’s zoning in the light industrial district did not allow for food manufacturing, processing and packaging as a permitted use, said Community Development Director David DeGroot.
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St. Charles wants to extend life of special taxing districtOct 09, 2024 4:19 pm - St. Charles wants to extend the life of the First Street tax-increment financing district, so the district can continue to help repay the money the city borrowed for downtown redevelopment.
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Village seeks proposals for redevelopment of former Algonquin State Bank siteOct 09, 2024 9:47 am - Algonquin village officials are seeking proposals to redevelop the former Algonquin State Bank property at 221 S. Main St. in downtown.
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Campanelli YMCA will move, have larger footprint after current Schaumburg site closesOct 07, 2024 4:04 pm - The Campanelli YMCA will relocate somewhere to serve the same area with a larger dome building that won’t include a swimming pool after the current 56-year-old facility in Schaumburg shuts down this fall, officials said.