Illinois unveiled $56M in CDBG grants for public infrastructure, housing rehab and downtown revitalization, with application windows opening now and two tracks due in late August.

French flavor maker Prova is seeking to open a North American hub in Aurora on Vision Court, starting with labs and test‑batch production. The City Council will consider the conditional‑use request next Tuesday.

A massive T5 data campus is moving ahead in Grayslake even as neighbors accuse officials and developers of hiding the project's scale and water impacts.

Shorewood Development Group bought the cleared 37.5-acre former Walgreens campus in Deerfield for $13.1M, with state records showing retail, medical and apartments as possible uses.

County economic leaders unveiled Project Balsam, a potential $6.5M manufacturing investment for Sycamore that could add roughly 20 jobs. Officials say the plan is still tentative as the RFI process plays out.

Starwood's $265M CMBS loan on 22 hotels has been moved to special servicing as cash flow and occupancy lag underwriting. Noteholders are weighing modification or asset‑sale options.

A developer-backed plan called Hollywood River Studios would convert about 105 acres in Wood River into soundstages, production shops and an esports arena amid booming Illinois production spending.

Developers shrank a plan for a vacant lot on California Avenue to 105 units, including 21 below‑market homes, after neighborhood objections.

Friedman Properties is weighing new uses for the Medinah Temple after Bally’s temporary run, with preservation rules and Bally’s schedule shaping options.

Sale prices for Frank Lloyd Wright homes can mask huge repair bills. From a dilapidated Austin landmark to a $2.3M Oak Park sale, preservation costs are reshaping the market.

A 354,000-square-foot Kenall campus in Kenosha sold for $35.5M, the latest sign of investor interest in the city's commercial real estate market.

Developers say buyers from California, New York and Illinois are snapping up lots at River Gorge Ranch near Chattanooga, drawn in part by Tennessee's tax perks as the mountaintop community takes shape.

Bradley approved a $100,000 pre-construction contract with ARCO/Murray as village leaders push toward a summer groundbreaking for the Mattel Wonder Indoor Waterpark. The park is pegged at about $90–$100M with a target spring 2028 opening.