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Real Estate and Development

Chicago Spire developer hopes to revive project

Chicago Infrastructure Trust approves outline of financing agreement for Retrofit One projects

The Chicago Infrastructure Trust Board on Tuesday approved a resolution outlining the terms and conditions of an energy savings agreement under which the trust would tap a private investor to pay for more than $25 million worth of Retrofit One energy savings projects.

The energy savings program will include work on 75 buildings in 40 different wards, according to Steve Beitler, CEO of CIT. He said the projects would reduce energy use in those buildings by 18 percent.

“We expect savings in the neighborhood of $2 million per year,” Beitler said.

Shrinking supply of new condos leaves buyers with few choices

Reading the tea leaves: A Koenig-Rubloff merger in the works?

Ambitious project eyed for Realtor Building on Mag Mile

Pullman National Park? You've got to be kidding

Willis Tower drops to second-tallest in Western Hemisphere

Spruce up Wabash, expand art downtown, Loop business alliance says

See Chicago Riverwalk renderings

Former Finkl Steel site to be turned into industrial park