Articles filed under Commercial Real Estate
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Bears reach tentative agreement on Arlington Park property taxesNov 25, 2024 6:10 pm - The Bears have reached a tentative agreement with three Arlington Heights-area school districts over a long-running property tax dispute for the 326-acre Arlington Park property, officials confirmed Monday.
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Apartment developer launches Yorktown mall project; first phase calls for 271 unitsNov 21, 2024 3:32 pm - Going into the busy holiday shopping season, visitors to Yorktown Center are seeing visible progress on a project to revitalize the Lombard mall.
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‘Square peg, round hole’: Traffic concerns detour plan for day care near downtown in Lake ZurichNov 20, 2024 9:03 pm - The location of a proposed BrightPath Kids day care learning center near downtown Lake Zurich was derailed due to traffic concerns but there may be a place for the facility elsewhere in town.
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District 214 rejects developer’s $5.45 million bid for Arlington Heights Road siteNov 20, 2024 6:25 pm - A developer’s $5.45 million bid to buy the former Elk Grove Township Elementary District 59 headquarters on the south side of Arlington Heights — now the property of Northwest Suburban High School District 214 — was narrowly rejected by the latter district’s school board.
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Des Plaines’ purchase of historic bank building could be catalyst for downtown revitalizationNov 20, 2024 12:37 pm - The Des Plaines City Council’s decision to purchase the former Des Plaines State Bank building at 678 Lee St. and an adjacent parking area, for $1.89 million represents a risk.
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Ragu-maker Mizkan relocating North American headquarters from Mount Prospect to SchaumburgNov 19, 2024 1:58 pm - Mizkan America will be moving in 2025 from its current location at 1661 Feehanville Drive, in the Kensington Business Center, to the Woodfield Corporate Center complex, where it will occupy 50,349 square feet. The company will lease two floors atop 200 North Martingale and will operate within space on the ground floor at 150 North Martingale.
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Harley dealership in Rosemont entertainment district to make way for new restaurantNov 18, 2024 7:22 pm - Rosemont will buy a two-story brick building housing a Harley-Davidson dealership in the village entertainment district for $6 million, with plans to open a restaurant in its place by 2026.
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Could a transportation garage be in the future for DuPage County fairgrounds?Nov 16, 2024 1:00 pm - The DuPage County Board is considering putting a transportation complex — including a garage — on the fairgrounds property.
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MT Barrels in Schaumburg closes again after 2018 reprieveNov 12, 2024 2:20 pm - After bouncing back from a total shutdown in September 2018, MT Barrels Sports Bar and Entertainment in Schaumburg recently ended its extended life as a weekends-only venue.
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Rental townhouses proposed as another aspect of Hawthorn 2.0 redevelopmentNov 11, 2024 9:19 pm - A new residential element is being proposed as part of the ongoing transformation of the Hawthorn mall property in Vernon Hills.