Articles filed under Commercial Real Estate
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I-88 or 5th Avenue? Naperville to decide which area will be focus of new studyNov 11, 2025 6:49 pm - Naperville will set aside $150,000 in next year’s budget for initiating one in-depth study focused on a large-scale redevelopment area in the city. But the city council has yet to decide which area to prioritize: the I-88 corridor or the properties around Naperville’s 5th Avenue Metra station.
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Schaumburg holding hearing on new TIF district to support redevelopment near Wintrust FieldNov 06, 2025 7:44 pm - Schaumburg is holding a hearing at 7 p.m. Tuesday about plans to create a Tax Increment Financing District to assist redevelopment of residential properties into industrial land.
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Schaumburg gives apartment buildings more flexibility on switching between heating and A/COct 31, 2025 11:28 am - Schaumburg trustees this week granted landlords of properties with boiler systems more flexibility on when heating and air conditioning replace one another at the change of seasons.
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How The Roosevelt aims to fit into Geneva neighborhoodOct 29, 2025 10:39 am - Daily Herald columnist Dave Heun takes a closer look at The Roosevelt, a mixed-use building under construction on Geneva’s east side, which will feature a blend of vintage and modern elements as well as a professionally-designed landscape plan.
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Sugar Grove asks judge to dismiss Kaneland’s lawsuit to stop 760-acre Crown TIFOct 27, 2025 1:38 pm - Sugar Grove village attorneys are asking a judge to dismiss Kaneland District 302’s lawsuit to stop the 760-acre Crown Development tax increment financing district.
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New data center proposal comes before Mount Prospect boardOct 27, 2025 11:05 am - More than three years after Mount Prospect approved a $2.5 billion data center campus on the former United Airlines headquarters site, a revised project is coming back to the village board Tuesday.
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The Biz Week That Was: Liberty restaurant marks 50 years, home sales on rise, and new planned housing projectsOct 25, 2025 1:04 pm - ‘It’s not labor — it’s love’: Liberty Restaurant celebrating 50 years of family ownership in Libertyville The Liberty Restaurant, a popular family restaurant at 419 ...
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Qargo Coffee blends cozy with on-the-go convenience in plans for Arlington Heights cafeOct 22, 2025 11:19 am - Qargo Coffee, a Miami-based chain offering Italian coffee and pastries, is opening a location in Arlington Heights with a drive-through and indoor seating for 70 people.
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The Biz Week That Was: Illinois towns enact grocery tax, Stellantis to reopen plant, and recession warning signsOct 18, 2025 1:39 pm - More than half of Illinois communities have enacted a local grocery tax Illinois will stop levying a statewide grocery tax on Jan. 1, but millions of people througho...
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Batavia seeks proposals to redevelop riverside propertyOct 16, 2025 10:34 am - Batavia is seeking a developer to buy a site on the east bank of the Fox River and build a mixed-use development.