Articles filed under Commercial Real Estate
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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.
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Developers given more time to finalize plans for massive Ivanhoe Village in MundeleinDec 12, 2025 2:13 pm - Real estate developers have more time to finalize plans for the massive Ivanhoe Village residential and commercial project on Mundelein’s northwest side.
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Bell Works in Hoffman Estates to see massive expansion and welcome first residents in 2026Dec 12, 2025 1:38 pm - Construction of 164 high-end townhouses and redevelopment of the commercial west side of Bell Works Chicagoland in Hoffman Estates are expected to be done and ready for occupancy in late summer 2026.