Articles filed under Real Estate
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Out with the old: Demolition work signals progress for two Naperville projectsJul 28, 2024 7:46 pm - If you’ve driven by Route 59 and Aurora Avenue or along East Chicago Street, you’ve probably noticed something missing from the landscape. Demolition crews are making way for two new developments in Naperville.
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The Biz Week That Was: Mall redevelopment, new senior apartments, and shopping center revival among the highlightsJul 28, 2024 5:57 am - St. Charles approves plans for development near former Charlestowne Mall St. Charles city officials have approved preliminary plans for Fox Haven Square, a commercia...
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With promise of $47 million in public funding, Schaumburg all in on The DistrictJul 26, 2024 11:01 pm - Schaumburg has pledged $47 million in public funding for The District at Veridian, clearing the way for construction to begin on the $185 million, 30-acre mixed-use development on the former Motorola campus.
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Citing safety and building height, Arlington Heights panel rejects affordable housing planJul 25, 2024 6:46 pm - Citing concerns ranging from crime and tenant vetting to building height and compatibility with the neighborhood, the Arlington Heights plan commission has rejected revised plans for a 3-story, 25-unit permanent supportive housing development for people with disabilities and veterans on South Arlington Heights Road.
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Time to bring in a new developer? Lisle trustees reviewing options on shuttered shopping centerJul 25, 2024 6:15 pm - The Family Square Plaza in downtown Lisle remains shuttered as an Indianapolis-based developer continues to work on finalizing a deal to purchase the property. Village trustees in August will decide if they want to grant an extension to the developer.
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Do leases automatically renew unless you give notice? It’s not the law.Jul 25, 2024 6:00 am - An owner wants to keep a renter’s security deposit because he didn’t give 60 days notice. He said it’s the law. It’s not, but it could be in the lease.
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‘It left them scrambling’: Abrupt closing of Libertyville Montessori surprises staff, parentsJul 24, 2024 11:24 am - The 60-year-old Libertyville Montessori School will be demolished as part of the Springs at Mundelein apartment homes project on Butterfield Road.
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St. Charles approves plans for development near former Charlestowne MallJul 24, 2024 9:29 am - St. Charles City Council members have approved preliminary plans for Fox Haven Square, a commercial development near the former Charlestowne Mall site on the city’s east ...
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The Moorings proposes 70 new senior independent-living apartments in Arlington HeightsJul 23, 2024 7:20 pm - Looking to meet increasing demand, The Moorings has proposed construction of a 5-story, 70-unit independent-living apartment building on its campus in Arlington Heights.
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Close CRE Deals with the SBA 504 loanJul 23, 2024 10:22 am - The commercial real estate market continues to find its footing after the pandemic. Business owners may have more options to choose from, but financing is still a challe...