Real Estate & Development
Leading off with a 150-year-old Loop building, Preservation Chicago paired its diverse 2025 ranking with a celebration of successful campaigns.
The Bears’ quest for a new home, the latest on the Obama Center, the 1901 Project’s goal to revive the West Side, and say goodbye to a well-designed suburban corporate campus.
Many buyers remain unaware of changes to one of the largest purchases in their lifetime and how it affects them.
“What sets our buildings apart is the investment we make,” Chief Financial Officer Brendan DuBois said. “It’s a huge commitment by the organization, by the board of directors, by our donors.”
An emergency demolition order was recently issued for the nearly 115-year-old two-story building at 2347 S. Michigan Ave. in the historic Motor Row District.
Chicago has emerged as one of the top U.S. markets for data centers, attracting the industry’s biggest players, but data centers require a lot of electricity.
The mansion, at 2700 Point Lane, sits on more than seven acres and first went on the market for $29 million in 2012. The property went under contingent contract in September with an asking price of $14.855 million.
Ald. Scott Waguespack briefly threatened to block any vote on items by the Zoning Committee because that committee’s report did not include its rejection of a Sterling Bay proposal in Lincoln Park that Waguespack opposes.
Plans for an $80 million development on the former Chicago stockyards site include a scoring stage which would eclipse even the West Coast’s storied Skywalker Sound.
The shuttered Showplace Icon theater in the South Loop will reopen, but other long-closed movie theaters in Black neighborhoods have yet to find a second life.
While the Chicago Park District is adding new outdoor pickleball courts and refurbishing old ones, pickleball club owners see an opportunity to get players year round.