Trib Tower could go residential: report
(Crain's) — Tribune Co. CEO Sam Zell is exploring handing over the company's Michigan Avenue headquarters to a residential developer and turning at least part of the property into condominiums, according to a report. Rather than a typical sale-leaseback arrangement, the Chicago Sun-Times ...
Developer lets option expire on planned mall site
(Crain’s) — A proposed New Lenox mega-mall looks to be in jeopardy after the developer let its option to buy the 186-acre site expire. The decision by Cleveland-based Forest City Enterprises Inc. could be the end of the proposed 1.1-million-square-foot shopping center, called Birches of ...
Planned condos dropped at New City Y site
(Crain’s) — Adjusting to the sluggish condominium market, the developer of the mixed-use project at the New City YMCA site is dropping plans for condos and replacing them with luxury apartments. The project at North Avenue and Halsted Street was to have about 280 condos and 220 apartments in ...
Driving range planned for Near West Side
(Crain’s) — Downtown duffers who want to work on their swing may soon have a place nearby to do it. A little-known Chicago real estate developer plans to build a 140,000-square-foot indoor golf driving range and fitness center at 401 N. Ogden Ave. on the Near West Side, according to a zoning ...
2 more retailers sign at Block 37
(Crain’s) — Trendy U.K. fashion label Ben Sherman and Spanish retailer Zara have signed leases at Block 37, putting the shopping center that’s to open next spring at more than half full. Ben Sherman, known for decades for its ties to the British rock scene, has agreed to lease a ...
Plan Commission to consider several res. developments
(Crain’s) – The Chicago Plan Commission on Thursday will consider proposals to build a 44-story apartment building in the East Loop, a 950-unit residential development on the Southeast Side and a controversial soccer field in Lincoln Park. M&R Development LLC, a developer affiliated with ...
