- Another Chicago food desert is going to be watered. After months (years?) of struggling, Pete’s Fresh is going to break ground on a new grocery store at Madison and Western. $700,000 was transferred into escrow yesterday (Thursday, January 26, 2012) and the project can finally start churning some dirt.
- Yet another idea is being floated for developing Wolf Point, the parking lot on the north side of the Chicago River where it joins its North and South branches. The Chicago Sun-Times reports that the latest idea involves building residential and office three towers. Although a lot of projects are taking off in Chicago these days, so many plans for Wolf Point have been announced over the years that we’ll believe it when we see it.
- The Goose Island neighborhood is getting the last thing it needs: another suburban-style strip mall. Crain’s Chicago Business reports that a PetsMart and a baby store will be the big names at the mall at 1415 North Kingsbury Street
The residential block known as River North Park (320 West Illinois Street) is for sale.
- There are plans to replace a 1961 shoe warehouse with street-level retail and 460 apartments at 1136 South Canal — just north of Roosevelt Road. Crain’s notes it’s part turning Roosevelt Road into the South Loop’s answer to the Clybourn Corridor.
- The New York Times has a good summary of what Chicago hopes to gain from this May’s G8 and NATO meetings to be held here in town.
- Scrap metal thieves have made off with 18400 Northwest Frontage Road in Shorewood. No, seriously — according to the Will County Sheriff’s Office they took the whole building.
- Part of Jackson Boulevard in the Loop was temporarily closed on Friday (January 27, 2012) because bits of the 1912 Gibbons Building (20 East Jackson Street) were falling off.