New Erection Will Have Goose Island Sporting Wood
Nov13

New Erection Will Have Goose Island Sporting Wood

Yes, we're all a bunch of fifth-graders around here.  But in spite of the juvenile headline, what's planned for Goose Island is clearly innovative. Texas mega-developer Hines officially plans to put up a new office building on Goose Island that's made of wood. Crain's Chicago Business first reported Hines knotty notion way back in February, and we noted back then that this isn't Hines' first time going out on this limb.  It has a...

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Park Pals Protest Potential Park Peril from Proposed Presidential Parking Plan
Nov07

Park Pals Protest Potential Park Peril from Proposed Presidential Parking Plan

The advocacy group Friends of the Parks made headlines last year when it successfully scared Hollywood director George Lucas away from Chicago, handing his free billion-dollar art museum to Los Angeles on a silver platter. At the time, there were minor rumblings about the group’s true commitment to the city’s parks since it opposed the Lucas museum plan in Grant Park, but was silent on the Obama museum plan in the...

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Huge Fulton Market Project Could Also Bring a New Metra Station
Nov06

Huge Fulton Market Project Could Also Bring a New Metra Station

The growth of Chicago’s Fulton Market District has been nothing short of incredible over the last decade.  Underbuilt land, proximity to The Loop, and a “me, too” attitude by developers and tech companies trying to gather the crumbs falling from the Google gravy train have vaulted the area from urban workhorse, over hipster haven, straight into bustling tech hub.  It’s a taxman’s dream come true. The...

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A New Stadium and Pro Team for Chicago?
Oct31

A New Stadium and Pro Team for Chicago?

Following up on all the ballyhoo surrounding every city in North America getting down on one knee begging Amazon.com to go to the prom, or at least locate its second headquarters in their town, the Chicago Tribune published an article titled “Amazon Stadium? Chicago developer hopes it’s the ticket to HQ2.” Inside that story was this bit of information from developer Sterling Bay, which is putting naming rights to a...

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Holy Name Tower Gets a Name, Little Opposition
Oct24

Holy Name Tower Gets a Name, Little Opposition

Two weeks ago we told you about a proposal to fill the surface parking lot across the street from Holy Name Cathedral with a shiny new dual-skyscraper project.  Now we know a little more about it. About a dozen dozen people turned out for a public meeting about the $700 million complex, which is being called One Chicago Square (1 West Chicago Avenue).  The people in attendance at the event hosted by 2nd Ward Alderman Brian Hopkins...

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The 78 Chicago — The Huge Plan for Downtown That Actually Could Happen
Oct19

The 78 Chicago — The Huge Plan for Downtown That Actually Could Happen

Over the last couple of years, Chicago’s traditional and new media have been ablaze with huge headlines about massive bigger real estate development projects all over town.  While most are eager to print even the most fanciful claims and screwball ideas just to generate clicks, we take a more measured approach around here. Which is why it’s refreshing to bring you news of The 78 — an enormous institutional research nexus...

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“The 78” to Transform Chicago’s South Loop
Oct18

“The 78” to Transform Chicago’s South Loop

If you’ve been wondering why things have been so quiet between Roosevelt Road and Chinatown, it turns out things have been going on behind the scenes.  Big things. Tomorrow morning, Governor Bruce Rauner will announce a public-private partnership that will turn the 62-acre site owned by Related Midwest into a massive collegiate research park.  The academics involved in “The 78” innovation center are the University of...

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Sizeable Residential Tower Planned for Blossoming Milwaukee Corridor
Oct17

Sizeable Residential Tower Planned for Blossoming Milwaukee Corridor

As the city of Chicago’s various neighborhoods re-make themselves in a more modern image, new residential neighborhoods are blooming in unlikely places.  As Kate Nash’s 20-something garage-punk angstfest  goes, “You can grow flowers from where dirt used to be.” One of those cracks from where flowers are springing is the Milwaukee Avenue corridor between Wicker Park and downtown.  What used to be the domain of...

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Almost 700-Foot Hotel/Residential Tower to Perch on Kennedy’s Shoulder
Oct16

Almost 700-Foot Hotel/Residential Tower to Perch on Kennedy’s Shoulder

‘Tis the season for skyscrapers in Chicago, and not surprisingly, the greater Greektown/West Town area isn’t being left behind.  The latest project in the works for the corner of Lake and Halsted is an enormous 58-story tower designed by Perkins Eastman Architects. The project is the latest effort by the Related empire to shoulder in to the area west of the Loop.  Since coming to town a few years ago, Related Midwest...

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19-Story Tower Rejected for Being Too Tall Back as 51-Story Tower
Oct16

19-Story Tower Rejected for Being Too Tall Back as 51-Story Tower

Another developer is going to try to put up a huge skyscraper in Chicago’s Fulton Market District. Tucker Development and Related Midwest want to replace a surface parking lot with a 51-story residential skyscraper at 156 North Peoria Street.  While the area west of the West Loop has welcomed skyscrapers along the Kennedy Expressway in Greektown, anything taller than a good pole vault immediately brings out a pack of...

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