HydraVault has begun work on a 20MW AI data center in Chicago’s South Loop after a 'minor change' zoning approval. Neighbors and policy groups say they were kept in the dark.

Trustees approved an amendment letting the developer start demolition and cleanup at the Vue site at Arlington Heights and Higgins as retailers shift into new buildings. The move advances plans for apartments, townhomes and a pedestrian bridge to Busse Woods.

A ULI panel pitched remaking Stony Island Avenue into a South Shore hub with streetscape, housing and transit ideas; a final report is expected in early May.

The Railroad Retirement Board is reportedly negotiating a move to 231 S. LaSalle while the GSA prepares the William O. Lipinski Federal Building for sale.

Sublease listings shrank to about 8% of Chicago’s 95.6M SF office stock, easing a major supply overhang and tightening market conditions.

A pooled Neighborhood Capital Fund awarded nearly $7.86M in its first round to community-led projects across Chicago’s South and West sides, funding clinics, cultural spaces and a new Bronzeville cafe. The grants aim to close late-stage financing gaps so projects can start construction quickly.

Convexity's revised plan for 7 W. Elm would bring a 28‑story tower with 307 apartments, 24,000 sq ft of retail and rooftop amenities as permits move through city review.

Waterton paid $85 million for the 197-unit Flair Tower in River North, adding another downtown high-rise to its Chicago holdings.

The Aon Center's loan has returned to special servicing after missed payments, leaving lenders to weigh workouts ahead of a July 2026 maturity.

Full Circle Communities has proposed a roughly $64M overhaul of Hollywood House in Edgewater to preserve 197 senior apartments and repair long‑deferred systems. The nonprofit says work could start in spring 2027 if financing lines up.

Su‑Mei Yen's Chapter 11 filing for 18 companies pauses a $187M foreclosure and deepens investor disputes over two South Loop hotels.

Italy’s Bolton Group is buying offices near Fulton Market, including the loft at 600 West Fulton, a sign of renewed investor interest in the West Loop.

Amazon has arranged to use a nearly 1‑million‑square‑foot warehouse in McCook through Crane Worldwide Logistics. The deal could bring jobs and shift freight flows in the southwest suburbs.