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Real Estate and Development

Transwestern to pay $23 million for Downers Grove office complex

South Loop retail project reels in $53 million in construction financing

Harper Court signs four more retailers

Panel passes zoning changes for Hyde Park tower, new British School of Chicago, Malcolm X College

The city’s zoning committee on Monday approved the rezoning of 1330 East 53rd St. in Hyde Park to allow for the development of Vue 53, a 13-story mixed-use tower that is planned to contain 30,000 square feet of retail space, 267 dwelling units and 218 parking spaces.

Crews behind LGBT senior home break ground in Boystown

Retail development imagined for former Western Avenue car wash

Chicago Firehouse hit with foreclosure suit

GEMS World Academy ready to rise at Lakeshore East

Has Google outgrown River North?

Panel approves tax break for Ford dealership

A tax break that cleared a City Council committee last week would let Fox Motors move one of its Ford dealerships to the Near North Side while saving an estimated 50 percent on their Cook County property tax payments over the next 12 years.

The City Council Committee on Economic, Capital and Technology Development approved Mayor Rahm Emanuel’s proposal to provide the Michigan based company with Class 7(b) tax status so it can relocate its dealership from 2401 S. Michigan Ave. to 2450 N. Elston Avenue.

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