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Real Estate & Development in ...
An interior demolition permit for 111 W. Monroe clears the way for a Prime/Capri conversion into 345 apartments, a 226‑room hotel and a restored Monroe Club rooftop.
Greystar's One Six Six at 166 N. Aberdeen is being shopped and could top $100M, a potential benchmark for Fulton Market apartment trades.
San Francisco fintech Ripple plans a major River North office at 300 N LaSalle, a sign of renewed tech interest in downtown Chicago.
Nike is reportedly in talks to shrink its Magnificent Mile flagship to a two-level corner at 540 N. Michigan as Levi’s signs nearby.
A family office tied to the Fakhouri name consolidated parcels at 219–233 W. Ontario St., creating a rare development footprint in River North.
Brixmor sued Tinley Park after a moratorium stalled leasing of a 38,000‑sq‑ft grocery anchor at Tinley Park Plaza. The developer says the pause violates a TIF agreement; the village calls the suit meritless.
Allstate has petitioned to re‑annex its 67‑acre former headquarters into South Barrington, opening the door to a proposed light‑industrial redevelopment by Opus.
Golub & Co. bought Affinius’ stake in Century Tower at 182 W. Lake, consolidating control of the 293‑unit Loop building in a deal valued at about $64M.
Over the Rainbow Association opened a 37‑unit Lakeview building in October 2025, but long waitlists show Chicago still needs many more wheelchair‑friendly affordable apartments.
A South Side landlord says Roc360 slipped a personal guarantee into an $11.8M loan on 14 buildings — a move that could force him to pay rather than surrender the properties.
RJW Logistics has leased a roughly 1.2 million‑square‑foot warehouse at Karis Park West in Montgomery, extending its rapid Chicago‑area expansion into the Fox Valley suburbs.
Lisle trustees approved a scaled‑down rebuild of Benet Academy’s stadium with strict limits on lighting, sound monitoring and reduced seating after contentious hearings.
Bartlett launched planning for a 63‑acre Lake Street gateway that pairs housing, hotels and entertainment with a new TIF and a major road realignment. Officials say the site could redefine the village’s northern edge.
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