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Real Estate and Development

Despite contentious hearing, CDC signs off on Washington Park TIF

The Community Development Commission advanced a Tax Increment Financing district for the Washington Park community with no discussion or opposition on Tuesday despite objections from several outspoken neighborhood residents.

If approved by the City Council, a portion of property taxes collected in the district would be reserved for city-picked economic development projects within its borders. The proposed 988-acre TIF area spans all of Washington Park itself and also includes 631 acres of land just south and west of the park.

Condos gain downtown, but apartments still reign

City eyes TIF district for hard-hit Washington Park

Software startup Signal moving into Braintree's West Loop space

Before IPO, Enova picks future Chicago HQ

Landmark status granted to former Cairo Supper Club, Polish National Alliance buildings

The Commission on Chicago Landmarks gave a final landmark recommendation Thursday to just the façade of an Uptown building with rare Egyptian Revival architecture despite concerns about what new property owner Thorek Memorial Hospital would do with the rest of the structure.  

With big lease, is Yelp planning a hiring binge at Merchandise Mart?

CHA voucher program prompts federal probe

Property taxes up at biggest buildings in Cook County

East Coast firm pays $60 million for State Street retail building