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The investment firm is staying close to the historic financial district that has seen several companies like it decamp. → Read More
Mayor Lori Lightfoot's plan to turn the Loop into a neighborhood involves some tough math. → Read More
Mayor Lori Lightfoot is offering up public subsidies to try to bring at least 1,000 residential units to downtown's pandemic-battered core over the next five years. → Read More
A city-commissioned panel lays out ideas to breathe new life into the outmoded LaSalle Street corridor. → Read More
The owner of the former MetroSouth Medical Center has rented it out over the past year to film and TV production companies that are hungry for local studio space. → Read More
After picking up a 50-story Wacker Drive tower and Caterpillar's Deerfield HQ, Opal Holdings has purchased one of the highest-profile office turnaround projects in the suburbs. → Read More
The company last year paid longtime top exec Mark Hoplamazian 63% more than it did in 2019, a jump fueled by performance-based stock awards. → Read More
Inspire11 is doubling its downtown footprint but keeping it relatively small as it embraces remote work. → Read More
The South Siders and Molson Coors have inked a new marketing deal, resuming a partnership that split in 2017 after a 30-year run. → Read More
An East Coast investor hopes to pull off the first sale of a major office property in the lakefront suburb in more than three years. → Read More
Onni Group is pumping $1 billion into projects around the Loop. Says their chief of staff: "Why wouldn't you invest here?" → Read More
Hyatt and its fellow big U.S. hotel chains have been relatively quiet while other consumer-facing companies have cut off ties to the country. Here's what they may be weighing. → Read More
The owner of Bank of America's former Loop home is signaling plans to walk away from the mostly vacant property. But a new appraisal—if the owner believes it—suggests it may still have some equity in the building. → Read More
The $67.5 million purchase of Hyatt Centric Chicago Magnificent Mile gives the health system control of a prominent property on its growing campus. → Read More
A Morningstar HQ move would complete one of the most closely watched Chicago office searches since the COVID pandemic began. → Read More
A $60 million-plus makeover of the mammoth structure will test the ability of older downtown buildings to compete with new hot spots in an office market transformed by COVID. → Read More
A California real estate investment trust prepares to sell its two Chicago buildings, blaming the lasting impact of the pandemic. → Read More
Publicly traded Braze subleased 50,000 square feet on State Street, a bright spot in an otherwise gloomy year for the downtown office market. → Read More
The Kimpton Hotel Monaco Chicago is likely to be rebranded by South Korean conglomerate Lotte Group, which is trying to build its name in the U.S. hotel market. → Read More
Council members said the need for affordable housing in the area outweighed the tradition of supporting projects only when the local alderman supports it. → Read More