Cross Street has folded longtime manager Peak Properties into its residential arm, combining local management with a larger national leasing and management platform. The move preserves Peak’s Chicago brand while giving Cross Street scale to pursue bigger multifamily assignments.

A zoning filing would replace the Giordano’s at 1040 W. Belmont with a five‑story, 28‑unit mixed‑use building that includes two retail spaces and six affordable units.

City officials tapped teams to restore the landmark Pioneer Bank in Humboldt Park and to advance a mixed-use plan at 79th and Exchange in South Shore.

Site Selection's annual ranking keeps Chicagoland at No. 1 while Texas leads states in corporate facility projects, underscoring why firms keep choosing familiar hubs.

RiverEdge Park's renovation is nearly complete: new backstage space, jumbotrons and roughly 2,500 more seats are coming ahead of summer 2026.

OmniTRAX has begun operating a 90‑acre rail‑served logistics hub in Blue Island that links truck and rail across all Class I railroads. The site adds transloading, container storage and highway access on Chicago’s South Side.

Bradford Allen has begun preleasing Arbor House, a 301‑unit apartment community at 25 E. Algonquin Road in Arlington Heights, with spring 2026 move‑ins and ground‑floor retail.

Falling mortgage rates and softer price growth have nudged national affordability lower, but Chicago’s tight inventory and modest price gains mean many buyers still face hurdles.

Neighbors from Lisle to Naperville are pushing back as data center proposals test noise limits, water use and the grid while state officials pause incentives.

RJW Logistics signed for the nearly 788,000‑square‑foot Trammell Crow spec at 26220 W. 143rd St. in Plainfield, extending the company's Midwest buildout.

A D.R. Horton concept for a 107‑acre Parksmith Run development — 210 single‑family homes, 76 townhomes and added retail — heads to Oswego's planning panel.

A new poll reported by Crain's shows housing affordability has overtaken crime as Chicago voters' top worry amid rising prices and tight supply. Officials and developers say adding small‑scale housing will be a key test.

Kolossal Group won a city permit to build a three‑flat at 5653 South Prairie — its fourth three‑unit project on the block. The filing shows a $500,000 reported construction cost and names Kathryn Shahbaz Obrien as architect of record.