Articles filed under Commercial Real Estate
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Barrington close to decision on $17 million incentive agreement for ‘Golden Triangle’ developmentApr 08, 2025 3:41 pm - After nearly a year of negotiations with Compasspoint Development, Barrington has a redevelopment agreement for the “Golden Triangle” worth $17 million ready for village board approval.
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Sugar Grove voters say ‘No’ to The Grove in advisory measureApr 06, 2025 10:23 am - Sugar Grove voters last week backed an advisory referendum calling for village officials to rescind previous approval of the massive The Grove development near Interstate 88 and Illinois Route 47 interchange.
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Mount Prospect approves Lake Center Plaza expansionApr 04, 2025 8:52 am - Elk Grove Village-based Broadway Electric Inc., a full-service electrical contractor, is moving to Lake Center Plaza, at the northwest corner of Algonquin Road and Wall Street, in Mount Prospect.
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Vetter’s $163 million expansion plan faces big vote in Des PlainesApr 03, 2025 1:05 pm - A German pharmaceutical company’s $163 million plan to expand its Des Plaines facility could get a key go-ahead from the city council Monday.
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New dining concept arriving this summer at Bell Works in Hoffman EstatesApr 01, 2025 10:46 am - A rebranding and renovation of the dining venue formerly known as World’s Fair at Bell Works Chicagoland in Hoffman Estates will be completed with its reopening as Bell Market this summer.
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Prospect Heights hotel demolition paves way for new Chicago Executive Airport hangarsMar 31, 2025 4:34 pm - A former hotel in Prospect Heights is nearing the end of its $1.8 million demolition to make room for eight hangars at Chicago Executive Airport to be operated by the New York-based firm Sky Harbour.
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Tracks Bar & Grill owner plans new restaurant in downtown CaryMar 31, 2025 11:42 am - The owner of Cary’s Tracks Bar and Grill is opening another restaurant in downtown Cary that will serve specialty cocktails, paninis, sandwiches and flatbreads.
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‘This market has high potential’: Round Lake Beach shopping center sold, redevelopment plannedMar 31, 2025 10:27 am - Round Lake Beach officials for the second time in recent weeks have announced planned reinvestments by out-of-town developers in a key commercial corridor.
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Elk Grove Village sells recently purchased building at break-even priceMar 28, 2025 5:22 pm - Elk Grove Village officials purchased a building for storage last year but found another building nearby that was bigger, so they are selling the former site to a company for a small profit and providing TIF funds to open a showroom.
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Dispute over Ivanhoe Village proposal prompts a resignation in MundeleinMar 27, 2025 2:17 pm - Mundelein resident, artist and author Shawn Killackey resigned from the historical commission this week over the ongoing dispute concerning the proposed Ivanhoe Village development.