Articles filed under Commercial Real Estate
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What’s the real story behind village TIF?Jan 20, 2014 4:00 am - The village of Schaumburg wants a new $512 million north Schaumburg TIF to fix alleged “blight.” When the village hired consultant Teska Associates to prepare a TIF eval...
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Building manager: Elgin Tower water bill is paidJan 18, 2014 5:11 pm - The manager of the Elgin Tower Building says he’s paid a past due bill that should reinstate water service and avoid condemnation proceedings next week. Neal Pitcher, di...
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Des Plaines mayor: Leave misperceptions of city at the doorJan 16, 2014 11:46 am - There are a lot of misperceptions about Des Plaines, says Mayor Matt Bogusz, but he told local business leaders Thursday to leave them at the door, while asking for thei...
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Elgin Tower Building tenants moving out after water leakJan 15, 2014 4:30 am - The iconic Elgin Tower Building — whose sale to a Wisconsin-based company is still pending — is down to six tenants, after a water leak last Friday prompted two tenants ...
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Housing for disabled could come to Prospect HeightsJan 14, 2014 5:00 pm - Co-presidents of a task force seeking housing in the suburbs for people with mental illness and other disabilities made their case to the Prospect Heights City Council t...
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Prospect Hts. approves sale of piece of arena landJan 13, 2014 8:22 pm - The Prospect Heights City Council agreed Monday to sell just over 2 acres and a 31,000-square-foot building it still owns from the failed arena project of the 1990s. St...
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St. Charles developer: Downtown needs rentals, restaurants, not retailJan 13, 2014 11:00 am - The future of downtown St. Charles is rental apartments and restaurants, not the mom-and-pop retail of years gone by, the developer of one of the most important redevelo...
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West Dundee Target closingJan 10, 2014 3:50 pm - Target in West Dundee will close in early May, a move one official said puts the village in a “difficult situation,” as it means a significant chunk of sales tax revenue...
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How Hanover Park plans to revive Barrington Road shopping centerJan 10, 2014 4:30 am - More than two years after buying an aging strip mall for $2.8 million, Hanover Park officials are ramping up their efforts to turn the property over to the private secto...
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Suburban buildings among those honored for best designJan 09, 2014 4:37 pm - The Hanover Park Police Department, Schaumburg Township Library District and the College of DuPage were among the honorees when the American Institute of Architects Nort...