Global News
.jpg)
21 August 2025
Chicago Developer Sells Lone Completed Building in Larger Development
Sterling Bay is seeking to sell the only completed building at its stalled Lincoln Yards megaproject, further signaling uncertainty for the 53-acre mixed-use development between...
aricaustermann.jpg)
28 July 2025
35-Story Chicago Building is Renamed After Longest-Serving Secretary of State
In a ceremony led by Illinois Governor JB Pritzker and attended by state leaders and community members, the State of Illinois officially renamed the 37-story...
14 July 2025
Northwestern Memorial Plans Major Expansion with New High-Rise in Chicago
Northwestern Memorial Hospital is planning a major expansion of its Streeterville campus with a new tower that would add hundreds of beds and consolidate cancer...
30 June 2025
Investment Group Buys Chicago’s 311 S. Wacker Tower at a Discount
Kohan Retail Investment Group, known for acquiring distressed malls, has purchased one of Chicago’s tallest skyscrapers, the 65-story office tower at 311 S. Wacker Drive,...
12 June 2025
Observation Deck in Chicago's Iconic Skyscraper is Expanding Upwards to the 96th Floor
At 875 N. Michigan Ave, formally known as the John Hancock Center, the operator of the observation deck on the 94th floor is expanding the...
.jpg)
05 May 2025
Governor Rejects Revised Mega Project Proposal Despite Revisions
Illinois Governor JB Pritzker has dismissed the revised proposal for the US$20 billion One Central megadevelopment, citing a newly released feasibility study that found the...
21 April 2025
Future of North Chicago Project is at the Hands of the Lender
The future of the $6 billion, 53-acre Lincoln Yards project now hangs in the balance, as the site is split between the bank-controlled northern parcel...
21 March 2025
New Conversion Proposal for Chicago’s Pittsfield Building
An investor who acquired a significant portion of Chicago’s historic Pittsfield Building is proposing an office-to-residential conversion, adding to the growing trend of repurposing underutilized...
18 February 2025
Partnership Formed for Developing Class A Office Building in Chicago
It has been reported that Third Millennium Group and Hines are partnering to move forward with an office development proposal at 590 W. Madison St....
.jpg)
12 February 2025
18-Story Apartment Building with Co-Living Becomes Available to Lease in Chicago
Straits Row, an 18-story (54.9-meter) rental building in Printers Row of the South Loop in Chicago, has begun leasing units. Located at 633 South LaSalle...
03 February 2025
Chicago Planning Approves Condominium Development of Three High-Rise Buildings at 1325 West Fulton
The Chicago Plan Commission has approved a multi-phase condominium development at 1325 West Fulton, led by Chicago-based Sulo Development. The project spans an entire vacant...
18 November 2024
Chicago Moves Forward with $98M TIF Plan to Transform 135 S. LaSalle into Mixed-Use Hub
Chicago is advancing a plan to provide $98 million USD in tax-increment financing (TIF) to transform the landmark 135 S. LaSalle St. building into a...
21 October 2024
University Changes Plans for Building in Chicago's "The 78" South Loop Development
The University of Illinois (U of I) has changed its plan for the USD$285 million Discovery Partners Institute (DPI) in the South Loop at The...
08 October 2024
Original Architects Tapped to Lead Interior Redesign of Iconic Chicago Skyscraper
On 1 October, it was announced that Skidmore, Owings & Merrill (SOM) has been brought on to lead the architectural redesign and redevelopment of the...
25 September 2024
Developer Reveals Residential High-Rise Plans for Chicago's Near West Side
The owners of the United Center arena have detailed a $7 billion USD redevelopment plan for the area surrounding the structure, seeking city approval for...
02 September 2024
Demolition of Iconic Chicago Building Begins to Make Way for $1.7 Billion Casino Complex
Bally’s has begun demolishing the Freedom Center printing plant in Chicago to make way for a $1.7 billion USD casino along the Chicago River. The...
.jpg)
08 August 2024
Two Historic Chicago High-Rises are Saved
Two historic high-rises along State Street, the Century and Consumers buildings at 202 and 220 S. State St., will be preserved and redeveloped, as announced...
17 July 2024
Chicago is Seeing an Uptick in Rental to Condo Deconversions
The trend of condo deconversions in Chicago is continuing to shift, as exemplified by two recent proposals in the planned transition of The Hensley apartment...
18 June 2024
Groundbreaking Ceremony for Chicago Waterfront Development
On Monday, 17 June, a groundbreaking ceremony for Chicago's newest residential complex, 400 Lake Shore Drive was held with more than 200 guests, including city...
.jpg)
17 June 2024
A Long-Awaited 73-Story Residential Skyscraper Opens in Chicago
1000M, the newest residential skyscraper in downtown Chicago, officially opened on 13 June 2024. Designed by the late legendary architect Helmut Jahn, the 73-story tower...
24 May 2024
Retail Development Repositioning to Housing in Chicago
A significant redevelopment of the Clybourn Place shopping center in the Lincoln Park neighborhood of Chicago has been proposed. This redevelopment aligns with the changing...
21 May 2024
New 26-Story Office Building Planned for Fulton Park Campus in Chicago
Permits are in progress for a new 421-foot (128.3-meter) mixed-use office building at 1105 W. Carroll, part of Trammell Crow Company’s Fulton Park Campus. Designed...
05 March 2024
60-Story Bank HQ in Chicago Announces Major Renovation
JPMorgan Chase unveiled major renovation plans for the 61-story Chase Tower in Chicago, its local headquarters building. This reinforces the company’s commitment to the city...
.jpg)
21 February 2024
Chicago Investor Strikes Deal for 50-Story Office Tower in Chicago Loop
It has been reported that Fairpoint Development, a Chicago investor known for big real estate projects in emerging areas, has a deal to buy a...
16 January 2024
29-Story Apartment Building in Chicago Obtains $84 Million Construction Loan
A joint venture between developers Shapack Partners and CRG obtrained financing for a new 29-story residential skyscraper in Fulton Market. The developers received an $84...
 google.png)
14 December 2023
Tech Giant Reveals Images for Repositioning Iconic Chicago Building
On 13 December, Google unveiled images of its plans to reposition the post-modern James R. Thompson Center that had previously been home to Illinois state...
03 November 2023
Company Opens New Downtown Chicago Location
On 24 October 2023, it was announced that the newest location of UL Solutions opened in downtown Chicago. The company’s new approximately 40,000-square-foot space is...
26 September 2023
New Antenna Installed Atop Willis Tower
ABC7 Chicago successfully installed a brand new antenna on the Willis Tower on a Sunday morning. The process was captured by Chopper 7. A helicopter...
07 September 2023
Chicago Development Seeks to Amend Prior Zoning Approval
Located at 800 West Lake Street, a previously approved development concept for a 21-story hotel with 476 rooms is seeking approval to amend the prior...
22 August 2023
Skyscraper Development Site Overlooking Grant Park Now for Sale
Miami-based firm Crescent Heights has hired CBRE Vice President Tom Svoboda to sell a 43,100 sq. ft. parcel at 1201 S. Michigan Avenue near Grant...
02 August 2023
1000M Officially Topped Off
The 73-story 1000M tower, developed by Time Equities, JK Equities, and Oak Capitals, has officially topped off with the final concrete floor poured. The skyscraper...
David__Mark.jpg)
07 July 2023
Proposed Project Considers Increasing Building Height in Chicago
Developer Sterling Bay recently shared their revised proposal for a mixed-use development at 2033 N. Kingsbury. Originally announced in September 2022 as a 16-story building,...
09 June 2023
Developer Tries to Team up with Teacher's Union in Chicago
Sterling Bay is trying to team up with the Chicago Teachers' Pension fund to bail out Lincoln Yards, a stalled North-Side megadevelopment. With the real estate...
24 May 2023
Luxury Hotel Sale in Chicago Proceeds
The St. Regis hotel in Chicago has been sold for US$134 million. This makes it one of the city's biggest hotel sales in years. The...
24 April 2023
Beverage Company Eyes Downsized Office Space Move
Molson Coors, a beer company, is looking to lease 70,000 square feet (6,503 square meters) of space in BMO Tower for its new headquarters. The...
14 April 2023
Mixed-Income Unit Development Coming to Chicago's Near West Side
McShane Construction Company and Ashlaur Construction have been chosen by Brinshore Development and The Michaels Organization to build Phase IID of Westhaven Park on Chicago's...
06 April 2023
Chicago High-Rise Fire Results in Firefighter Death
A Chicago Fire Department lieutenant who died while battling a high-rise fire on the morning of 5 April, 2023 was determined to have died by...
23 February 2023
Chicago Condominium Property Primed for Reconversion
A 28-story Edgewater high-rise has been listed for sale in Chicago, looking to attract investors that transform condo buildings into apartments. The brokerage group, Kiser...
Kthor2021_ccby-sa.png)
14 February 2023
Mixed-Use Building Rises Quickly In Chicago
North Wells Capital’s 15-story mixed-use tower at 311 W Huron Street in River North is quickly rising. The tower will stand 226 feet tall (68.8...
25 January 2023
Multiple Hospitalized and One Fatality in Kenwood High-Rise Fire in Chicago
A high-rise fire in Kenwood, Chicago on Wednesday, 25 January, 2023 killed one resident and sent eight others to the hospital. The building has many...
13 January 2023
Residential Project Near South Shore Cultural Center Proposed in Chicago
A high-rise apartment building is being proposed for a vacant lot near the South Shore Cultural Center in Chicago. Described as an equitable transit-oriented development...
03 January 2023
Developers Pitch Substantial Residential Conversions in Chicago
Many Chicago developers are collectively proposing more than US$1.2 billion-worth of projects to renovate a suite of office buildings on and near LaSalle Street into...
23 December 2022
Trading Firms Adds Two Floors to Chicago Office
A proprietary trading firm is adding to its office footprint in Chicago's Loop, bucking the post-pandemic trend of releasing downtown space back onto the market. ...
29 November 2022
Chicago Apartment Building Sells for US$10.5 million
A historic Harry-Weese designed 14-story building in Streeterville, Chicago has been sold for US$10.5 million from Brad Management to Chicago-based Altitude Capital Partners. Built in...
08 November 2022
Judge Rules Against Group Suing to Stop Presidential Center in Chicago
The long-waged fight by the group Protect Our Parks to halt construction of former President Barack Obama’s Jackson Park museum and campus has reached the...
GoettschPartners.jpg)
28 October 2022
Residential 36-Story High-Rise Gets City Council Approval in Chicago.
A US$166 million, 35-story residential tower is coming to Greektown after getting City Council approval Wednesday. The high-rise at 301 S. Green St. will replace a...
Lester-Ali.jpg)
24 October 2022
Trustee Gives US$121 Million to Expand University's Biomedical Research Center
Northwestern University Trustee Kimberly K. Querrey (’22, ’23 P) and the Louis Simpson Trust have made a new US$121 million gift to Northwestern to advance...
18 October 2022
Distressed Loop Building set for Apartment Conversion in Chicago
N.Y.-based Intersection Realty Group Intersection paid US$19.3 million last month for a 25-story office building at 65 East Wacker Place, according to Cook County property...
10 October 2022
Landmark Building in Chicago is Up for Sale
The developer that transformed the landmark 17-story Chicago Motor Club building into a Hampton Inn is looking to sell. Chicago-based Murphy Development Group has hired...
05 October 2022
Pharmaceutical Company Expanding, Moving HQ to Fulton Market, Chicago
A drug maker that moved its research division from California to Chicago early in the COVID-19 pandemic is continuing to invest in its office and...
27 September 2022
Condominium Sells for US$20.5 million in Chicago
A condominium at the St. Regis tower sold Wednesday for a little more than US$20.56 million, the highest price anyone has paid for a Chicago-area...
26 September 2022
First Look Offered for Fulton Market Site in Chicago
Chicago developer Fred Latsko unveiled a rendering of the apartment tower on tap to accompany the nation’s second Guinness brewery planned for Fulton Market. The...
SCB.jpg)
21 September 2022
Residential Building Proposed to Replace 60-Meter Hotel in Chicago
CTBUH has just received confirmation that a 143-meter residential building, 1234 West Randolph, located in Chicago has been proposed to replace a 60-meter hotel. The...
19 September 2022
Coworking Company to Open in Chicago Uptown Apartment Project
The Chicago developer turning Uptown's landmark Bridgeview Bank building into apartments has enlisted WeWork to operate co-working space on the property's lower floors, the shared-office...
16 September 2022
Vote Delayed for Landmark Status of Two Chicago Buildings
The Commission on Chicago Landmarks delayed a vote on the preliminary landmark designation of the Century and Consumers Buildings during its recent monthly meeting on...
David__Mark.jpg)
26 August 2022
25-Story Residential Building in Chicago is Up for Sale
John Buck, the Chicago-based development firm has hired Jones Lang LaSalle to sell 3Eleven, a 25-story building with 245 apartments at 311 W. Illinois St....
Shawn__Ursini.jpg)
12 August 2022
18 Story Building is Under Construction in Chicago
CTBUH has just received confirmation that the 18-story building, located at 210 North Aberdeen Street in Chicago has had a status change. The project designed...
Sterling Bay and HPA.jpg)
11 August 2022
Plans are Revealed for a Tall Timber Building in Chicago
Noted Chicago developer Sterling Bay is planning a nine-story, 130-unit apartment building at 2100 N Southport Avenue in the Lincoln Park neighborhood. The techniques utilized...
04 August 2022
Chicago Loop Office Tower Put for Sale with Hopes to be Bought by Tech Giant
Developer John Buck is putting his LaSalle Street office tower up for sale, testing whether investors will clamor to own property on the corridor now...
Perkins&Will.jpg)
02 August 2022
41-Story Residential Tower Tops Off in Chicago
The Reed, a 41-story, 440-unit residential tower at 234 W. Polk, has officially topped off at 136.2 meters (447 ft.). Perched along the Chicago River,...
Thomas Roszak Architecture.jpg)
29 July 2022
Mixed-Use Building in Chicago Tops Out
The 160 N. Elizabeth Street building has reached its full height of 89.4 meters (293 feet) and 27 floors in July 2022. This mixed-use project...
rainerviertlbock.jpg)
27 July 2022
Large Tech Company Announces Plan to Buy Chicago’s Thompson Center
In a surprise deal that gives new life to an iconic but aging downtown office building, Google plans to buy the James R. Thompson Center...
20 July 2022
Three-Year-Old Boy Dies After Fall From Chicago Building
Officials say that a three-year-old boy has died after he fell more than 15 stories from a window of an Uptown residence on the evening...
Antunovich Associates (1).jpg)
19 July 2022
Demolition Begins for 741 N Wells Street in Chicago
Following up on a demolition permit article, partial site clearing has begun for a 21-story mixed-use tower at 741 N Wells Street in River North....
18 July 2022
New Tenant for Redeveloped Marshall Field Building in Chicago
Parsippany, New Jersey-based Ferrero North America announced they will open a 45,000-square-foot (4,180-square-meter) facility next year in the landmark Marshall Field building at 24 E....
07 July 2022
Developer of Chicago Office Towers Expands into Residential
A developer that has built three trophy office towers near the Chicago River in recent years is planning its first apartment project in the city,...
22 June 2022
Laboratory Company Opening Office in Chicago's Tallest Building
Abbott Laboratories is opening a big new office at Willis Tower that could bring as many as 450 jobs downtown, a move meant to provide...
Kthor2021_ccby-sa.jpg)
20 June 2022
Over 2,200 Apartments Proposed Near Casino Site in Chicago
One of Fulton Market District's most prolific developers wants to build more than 2,200 apartments and a hotel on a series of sites between the...
13 June 2022
Second-Highest Condo at St. Regis Sells in Chicago
A condominium nearly at the top of the new St. Regis sold for US$9.2 million, the highest recorded sale price so far in the Studio...
12 May 2022
27-Story Uptown Apartment Tower Hits the Market in Chicago
The developers of a 27-story apartment tower in Uptown have decided to sell the property, one of the biggest residential buildings in the North Side...
SeaCow_ccby-sa.jpg)
10 May 2022
Casino Details for Downtown Chicago Revealed
Mayor Lori Lightfoot has picked a winning casino for the City of Chicago: It's Bally's, which will get the right to build and operate the...
09 May 2022
Chicago Apartment Developer Eyes Another Massive Riverfront Project
The Canadian developer planning to build almost 2,700 apartments on the southern tip of Goose Island has a deal to buy another big development site...
MG.jpg)
06 May 2022
Retail Giant Executive Buys Condo in News Tower Development in Chicago
A Walmart executive is the latest buyer at the renovated Tribune Towers condo development. Judith McKenna, president and CEO of Walmart’s international division, and her...
03 May 2022
Delayed River North Condo Building in Chicago Tries a New Name
Giving an Erie Street building the appellation of a wine region is part of the effort to uncork sales at the 31-unit building, where one...
19 April 2022
Condo in Chicago's Gold Coast Sells for US$17.4 Million
A condo at super-luxury building No. 9 Walton sold in March, 2022 for US$17.4 million, the second-highest price so far in a year where the...
18 April 2022
Downtown Chicago Office Buildings Slowly Bounce Back in Year Three of the Pandemic
Demand for Chicago offices is starting to emerge as the pandemic wanes. The conundrum resulted in a new record-high vacancy rate of 21.2 percent in the...
11 April 2022
Water Tower Place Lender Taking Over Chicago Mall
About a year after losing Macy’s, its largest tenant, the owner of big North Michigan Avenue shopping mall, Brookfield Property Partners, has decided to hand...
01 April 2022
Chicago Investor in Megadeal for Wacker Drive Tower
Chicago real estate investor Tim Callahan has returned to the downtown office market, partnering with a New York firm to buy the 55-story tower at...
Kthor2021_ccby-sa.jpg)
25 March 2022
Social Media Company Nears Deal for Larger Office in Chicago's Fulton Market
After its deal to lease a new office in the Fulton Market District fell through, social media app company Snap has set its sights on...
15 March 2022
Major Brands Fill Fulton Market Office Building in Chicago
The company that makes White Claw and billionaire Lukas Walton's philanthropic and investment venture have leased new Fulton Market District offices, helping fill the remaining...
09 March 2022
This Cannabis Firm Lease in Chicago Would Mark a New Trend
One of Chicago's publicly traded marijuana companies is close to leasing space for a new headquarters in River North, a potential breakthrough for cannibis firms...
SawyerBengtson.jpg)
08 March 2022
Former John Hancock Center Seeking Medical Tenants in Chicago
Chicago-based real estate firm Hearn is looking for medical providers to move into the former John Hancock Center, now formally known as 875 North Michigan...
RomanBoed_ccby-sa.jpg)
07 March 2022
Chicago Mixed-Use Supertall Makes its Highest-Priced Sale to Date
A condominium on the 80th floor of the new St. Regis tower, formerly known as Vista, sold for nearly US$8.85 million. The condo, about 6,400 square...
25 February 2022
Major Hotel Brand Ends Partnership with Chicago High-Rise Hotel
As they stare down a US$70 million foreclosure lawsuit, the owners of the Conrad Chicago hotel have split with Hilton Worldwide as the shuttered inn's...
NORR_Architects.png)
21 February 2022
311 West Huron Interiors Revealed in Chicago
CTBUH has just received an update on the interiors of 311 West Huron in Chicago, US. The project is being designed by NORR Group Consultants...
MarshallGerometta.png)
18 February 2022
Offer Placed on $30 Million Unfinished Penthouse in Chicago
The unfinished penthouse at the top of Trump International Hotel & Tower is tentatively under contract to a buyer. The unit, more than 14,200 square feet...
Kthor2021_ccby-sa.png)
08 February 2022
Mixed-Use Building Proposed for Chicago's Fulton Market
CTBUH has just received confirmation that a tall building has been proposed for the Fulton Market neighborhood in Chicago, US. 170 Green is a mixed-use...
04 February 2022
Updated Plans Revealed For Mixed-Use Development in Chicago's West Loop
Updated renderings and plans have been revealed for a mixed-use development at 640 W Washington Boulevard in West Loop Gate. Located just east of the...
JeremyA.jpg)
27 January 2022
Investors Near Deals to Buy Office Towers in Chicago's Downtown
A pair of investors backed by foreign capital are poised to take over two prominent downtown office buildings in deals totaling US$400 million, deals that...
14 January 2022
Massive Fulton Market Mixed-Use Project Proposed in Chicago
A Chicago developer is preparing to unveil plans for a US$600 million mixed-use project in the Fulton Market District, the biggest real estate development to...
Butler__V__Adams.jpg)
04 January 2022
Chicago Office Tower Valued at Over US$1 Billion in Purchase by Oak Hill Advisors
A venture led by Oak Hill Advisors has agreed to buy a controlling interest in a new 55-story office tower in Chicago. Oak Hill has...
13 December 2021
A New 18-Story Residential Tower to Replace Two Masonry Buildings in Chicago, US
Demolition permits have been issued for a long-anticipated West Loop site in Chicago USA, clearing the way for a new 18-story residential tower. Addressed at...
10 December 2021
New Loan Acquired to Resume Construction of Helmut Jahn’s South Loop Tower in Chicago
Construction is set to restart at a 74-story Helmut Jahn-designed building in downtown Chicago after developers secured a US$305 million loan and changed plans to...
.jpg)
29 November 2021
A 19th-Century Flour Mill in Chicago Makes Way for New Apartments and Offices
Developer Sterling Bay is planning to redevelop the site of the former Archer Daniels Midland flour mill, at 1300 West Carroll Avenue in Chicago, with...
.jpg)
24 November 2021
Leasing Activity Gains Momentum in Chicago’s Fulton Market
The maker of John Deere tractors has recently leased more than 38,000 square feet at 800 West Fulton Market in Chicago as it expands its...
_Ozzie Stern on Unsplash.jpg)
05 November 2021
Interest Increases for Office Buildings with Small Floor Plates in Cities Post-COVID
Smaller floor plates in office buildings are becoming more popular for cities, like Chicago, post-COVID. For the last decade, buildings with larger floor plates have...
_Gensler.jpg)
25 October 2021
Groundbreaking Ceremony for Chicago Project
After five years of planning, the Lincoln Yards’ groundbreaking ceremony was held to signal the start of construction for the first building on the site,...
_Gensler.jpg)
22 October 2021
High-Rise Office Project Proposed for Fulton Market in Chicago
Paperwork has been filed with the City of Chicago for a new project in Fulton Market, Chicago. 360 North Green is currently a parking lot,...
05 October 2021
Chicago Addition to “Millennium Mile” Tops Off
In Chicago, 300 NMA has reached its final height of 47 floors and 157.6 meters (517 feet). Located at 300 N. Michigan Avenue, the project...
22 September 2021
Chicago Residential Project Along the Chicago River Underway
Lendlease recently celebrated breaking ground on The Reed, a 41-story, 440-residence community at 234 W. Polk St. in Chicago’s Printers Row neighborhood. The Reed is...
16 September 2021
Chicago Condo Building Converting to Apartments in Record-Breaking Sale
A 51-story condominium building in Chicago is being sold and turned into apartments. Strategic Properties of North America plans to convert Ontario Place, a 467-unit...
15 September 2021
Winners Named in Design Competition Re-envisioning Chicago's Thompson Center
Three winners have been named in the 2021 Chicago Prize Competition, which sought new visions for the James R. Thompson Center, an iconic 17-story civic...
08 September 2021
Chicago Mixed-Use Complex Working Towards Approval
In Chicago, the developer for a proposed US$20 billion mixed-use complex on the South Side says he is ready to finalize deals with the city...
18 August 2021
Old Chicago Main Post Office Gets a Major New Tenant
The 601W Companies has landed a major new tenant for its property at 433 W. Van Buren St., the Old Chicago Main Post Office building....
moceri-roszak.jpg)
06 August 2021
Chicago Residential Building Drops Condos from its Mix
The pandemic is influencing behavior among potential condo owners in Chicago’s downtown. With the availability of a vaccine and the effects of the Delta variant,...
27 July 2021
Massive Lakefront Redevelopment Wins Approval in Chicago
The US$3.8 billion redevelopment of the former Michael Reese Hospital site in Chicago was approved by the Chicago City Council. The only one of three...
13 July 2021
Chicago Mixed-Use Project Starts Site Prep
Work has begun at 410 S Wabash Avenue in Chicago where developer LMC has planned a 25-story mixed-use tower. Crews have begun removing the site’s...
08 July 2021
Insurance Company Sues City of Chicago After Skyscraper Floods
The insurer for the Willis Tower in Chicago is suing the City of Chicago in an attempt to recoup some of its costs in paying...
16 June 2021
Carbon-Neutral Mixed-Use High-Rise Wins Chicago Design Competition
An affordable mixed-use carbon-neutral high-rise designed by The Community Builders and Studio Gang has been selected as the winner of the City of Chicago’s C40...
14 June 2021
A Competition to Give Chicago's Thompson Center New Life Opens
A competition open to the general public to re-envision the State of Illinois “Thompson” Center has been launched by the Chicago Architecture Center and the...
08 June 2021
Plans for Chicago Mixed-Use High-Rise Moving Forward
The Chicago City Council has approved a 47-story mixed-use tower, located at 640 W Washington Boulevard in West Loop Gate. The development will replace an...
01 June 2021
Final Hurdle Cleared for Megadevelopment in Chicago
The Chicago City Council has approved the 3.3-hectare (8.1-acre) North Union megadevelopment in the Near North Side. Planned by JDL Development, the project site is...
18 May 2021
Chicago Skyscraper Getting a Big Makeover
Accenture Tower in Chicago will undergo a US$22 million renovation, including indoor and outdoor amenities and the addition of 90,000 square feet (8,361 square meters)...
14 May 2021
High-Rise Lab Planned for Chicago’s Fulton Market
Chicago developer Mark Goodman wants to build a 19-story life sciences lab building along the western edge of the Fulton Market District, a project that...
10 May 2021
Helmut Jahn, One of American Architecture's Most Celebrated Figures, Dies Age 81
Helmut Jahn, the architect behind some of America's best-known buildings, has died in a bicycle accident aged 81. The German-American designer, whose high-profile projects include...
23 April 2021
Skydeck at Chicago's Tallest Building Reopens Featuring a New Interactive Museum
EQ Office announced the exciting reopening of Skydeck Chicago at Willis Tower to the public on 23 April, 2021 after completing an extensive redevelopment. The...
22 April 2021
Chicago Opens the Door to More Branded High-Rise Signage
Chicago’s skyline could be in for changes after the city passed rules that could allow more signs on some office towers. The rules, which would...
19 April 2021
Developer Unveils Plan for Almost 2,700 Apartments on Chicago's Goose Island
A Canadian developer has unveiled plans to bring up to 2,650 apartments to a part of the city that now has no residents. Onni Group...
13 April 2021
Chicago Office Tower Tops Out
Construction has topped out for the 50-story, 727-foot-tall (221-meter-tall) office tower at 320 S Canal Street in the West Loop. Also known as BMO Tower,...
31 March 2021
New High-Rise Coming to Chicago in Fast-Growing Neighborhood
The Fulton Market District apartment boom is pushing north of Lake Street, the next frontier for housing developers in the neighborhood after a recent city...
11 March 2021
Megaproject in Chicago Gets Key Support from Metra
Developers of the proposed US$20 billion One Central complex on railroad air rights west of Soldier Field have received a show of support from a...
26 February 2021
Developer Plans More Than 1,000 Apartments in Chicago's West Loop
A Canadian developer plans two high-rises with more than 1,000 apartments next to Presidential Towers in the West Loop, a big vote of confidence in...
24 February 2021
Hospital Site Redevelopment Wins Key Approval in Chicago
The developers planning to turn the former Michael Reese Hospital site in Bronzeville into a 49-acre (19.8-hectare) mixed-use campus over the next two decades took...
10 February 2021
Crowdfunding Collapse Sets Back Fulton Market Project in Chicago
The implosion of a New York real estate investment firm has undermined plans for two major developments in Chicago, including a hotel in the Fulton...
03 February 2021
Airline Reduces Chicago Tower Footprint After Sweeping COVID-19-Related Cuts
United Airlines is shrinking its Willis Tower headquarters, where it has about 30 percent fewer workers than before the COVID-19 pandemic. The airline today confirmed...
01 February 2021
Businesses Exit Chicago's Thompson Center as State Buys West Loop Offices
The state of Illinois has bought a West Loop office building, a move that ought to erase any doubt it soon will fully vacate the...
26 January 2021
Developers Look to Add Units to Stalled Chicago Tower
After losing their financing last year, the New York City developers of a stalled 74-story residential high-rise next to Grant Park are trying to jump-start...
21 January 2021
Iconic Chicago Building Getting Massive Plaza Renovation
The owner of one of Chicago’s biggest office towers is investing US$6.5 million to demolish and redesign its half-acre (0.2-hectare) plaza in anticipation of greater...
14 January 2021
Developer Scales Back Chicago Lakeshore High-Rise Plans
The developer of a big high-rise proposed just north of Millennium Park has scaled back its plans, slashing the number of hotel rooms in the...
12 January 2021
New Art Installation Revealed at Chicago's Tallest Tower
EQ Office revealed Atmospheric wave wall, a new cultural landmark and the first public art installation in Chicago by globally acclaimed artist Olafur Eliasson. Prominently...
21 December 2020
Renderings Unveiled For The Reed At Southbank
Renderings have been revealed for The Reed, the second residential tower at Southbank. Located on a 7.5-acre (3.03-hectare), waterfront site, Southbank is a megadevelopment that...
10 December 2020
Residential Tower Tops Out at 122.9 Meters in Chicago
Construction on Cascade has topped out 396 feet (120 meters) over Lakeshore East. Officially addressed at 455 E Waterside Drive, Cascade is part of the...
08 December 2020
Apartment Towers Pitched for South Loop, Near West Side in Chicago
COVID-19 has slowed Chicago’s economy, but two bullish developers have drawn up ambitious plans that would bring a combined 1,200 apartments to two city neighborhoods....
25 November 2020
Chicago’s Third Tallest Building Gets A New Name
The soaring Vista Tower, the newest addition to Chicago’s famed skyline, now has a new name: St. Regis Chicago. The skyscraper also has a new...
10 November 2020
Major Luxury Hotel Brand Sold in Chicago
After buying a pair of historic Chicago properties and the city's Major League Soccer franchise, Joe Mansueto is making another high-profile purchase: The Waldorf Astoria...
28 October 2020
Nearly 2,700 Homes Planned for Near North Side Site in Chicago
JDL Development plans nearly 2,700 homes on Near North Side property it would buy from the Moody Bible Institute, one of the biggest residential developments...
26 October 2020
Michigan Avenue Hotel Sold and Set for Rebranding
A California luxury hotel company has purchased the former Hard Rock Hotel on Michigan Avenue and will rebrand it after giving the historic building its...
20 October 2020
James Loewenberg, Developer of Chicago High-Rises, Dies at 86
James Loewenberg, a Chicago architect-turned-developer with a portfolio that includes the Aqua and Vista Tower skyscrapers in downtown Chicago, has died at age 86 after...
13 October 2020
Iconic Chicago Tower Bets on the Future of Co-Working
Reports of the demise of co-working during the pandemic are greatly exaggerated, if you ask the owner of Willis Tower. In a bet on the...
08 October 2020
Chicago South Loop Apartment Tower Selling for US$190 Million
A San Francisco investment firm is paying US$190 million for a new 56-story luxury apartment tower along Grant Park, the biggest Chicago multifamily sale of...
29 September 2020
Chicago Apartment Market A Mixed Bag During Pandemic
Chicago landlord Horizon Realty Group has acquired a Lincoln Park apartment building for US$64 million, a price suggesting that multifamily values might not be falling...
25 September 2020
New Partnership Brings Renewable Energy to Chicago Landmark Tower
Dynegy today announced that it has entered into a multi-year partnership with Chicago's iconic Willis Tower to provide 100% renewable electricity to the Tower. "Sustainability...
22 September 2020
Chicago Post Office Debuts Massive Rooftop Park
A new 3.5 acre (1.4 hectare) park stretching three city blocks is now open in the southwest corner of the Loop. But most people will...
16 September 2020
Chicago High-Rise Fire Injures Several
David Kuta thought about his next-door neighbor when he opened the front door of his 32nd-floor condo on the Near East Side and saw thick...
18 August 2020
Apartment Tower in Chicago to Convert Office Space to Classroom Space During COVID-19 Pandemic
A 57-story apartment tower in the Streeterville neighborhood plans to convert some of its office space to small classrooms, betting that frazzled families will seek...
13 August 2020
Mies van der Rohe Dormitory Gets Renovated in Chicago
Mies van der Rohe’s workhorse tower gets a vibrant remake as a dorm at Chicago’s Illinois Institute of Technology. On the first floor of a...
06 August 2020
Megadevelopment with Biotech Component Prepares for 2021 Groundbreaking, While Life Sciences Lab Moves Forward in Chicago
Early 2021 groundbreaking planned for $6 billion Lincoln Yards megadevelopment on North Side Sterling Bay plans to break ground on the US$6 billion Lincoln Yards...
31 July 2020
Chicago Developer to Buy Out Supertall Building's Partner for US$270 million
The Chicago developer building the 101-story Vista Tower on the Chicago River has agreed to buy out its majority Chinese partner for US$270 million, ending...
20 July 2020
A 47-Story High-Rise is Set to Break Ground in Chicago During the Pandemic
Two major Chicago developers are expected to break ground next month on a 47-story apartment and hotel tower on North Michigan Avenue, in what would...
15 July 2020
Restaurant Atop Chicago's Lake Point Tower to Close, be Sold
One of Chicago’s highest-altitude restaurants is for sale, offering the rare opportunity for another restaurant — or a resident — to take over the top...
10 July 2020
Lender Halts Funding for Skyscraper in Chicago's Downtown Due to Pandemic
A Helmut Jahn-designed skyscraper along South Michigan Avenue is on hold at least until September 2020 and buyers of the luxury units are being offered...
26 June 2020
Chicago Near North Siders Disapprove of 43-Story Apartment Tower Plan
One of Chicago’s busiest luxury residential developers wants to build a 43-story apartment high-rise using air rights from a Near North Side church, but nearby...
23 June 2020
US$185 Million Observatory is Latest Chicago Project Delayed by Coronavirus
The Aon Center has paused plans to build an observatory with a thrill ride atop Chicago’s third-tallest skyscraper, and the US$185 million project will start...
17 June 2020
Plan To Replace Abandoned Chicago Spire Site With Two Apartment Buildings Advances In Zoning Committee
After significantly scaling back their plans to finally fill in the massive hole left behind by the abandoned 2,000-foot (609-meter) Chicago Spire project, developers will...
27 May 2020
Plans Approved For 102-Story Skyscraper That Could Be Chicago's Second-Tallest
A 102-story skyscraper known as Tribune East Tower could become Chicago’s second tallest building in the coming years, after aldermen on Wednesday, 20 May, 2020...
23 April 2020
Foundation Preparations Begin at 60-Story Office Tower Along Chicago River
Development of the 60-story Salesforce Tower has kicked off along the Chicago River after the project secured a US$500 million-plus construction loan that is one of the...
20 April 2020
Investor Acquires Residential High-Rise in Chicago
New Jersey-based Strategic Properties of North America (SPNA) has partnered with South Korean investor Mirae Asset Daewoo to acquire a luxury Chicago apartment building for...
09 April 2020
New Affordable Housing Projects in Chicago Receive Federal Tax Credits
Eleven new developments bringing a combined 1,083 units of affordable housing to Chicago’s North, South, and West sides are moving forward after being selected by...
31 March 2020
Architecture Firm in Chicago Uses 3D Printer to Create Face Masks for Healthcare Workers
bKL Architecture, a firm headquartered at the Aqua tower in Chicago's Lakeshore East neighborhood, is doing its part to be of service during the COVID-19...
31 March 2020
CTBUH EIC Interviewed in Crain's Piece on How High-Rise Living Transformed Chicago's Skyline
How high-rise living has transformed Chicago's skyline The great Chicago apartment boom reshaped the city’s skyline with dozens of fancy new high-rises. But it didn’t...
27 March 2020
Under-Construction Skyscrapers in Chicago Secure Financing
Lendlease and Magellan Development have landed US$283 million in construction financing for their two residential towers rising in Chicago’s Lakeshore East. The projects will have...
26 March 2020
Under-Construction Chicago Skyscrapers Acquire New Tenants
Real estate investment firm Heitman has inked a lease for 60,000 square feet (5,600 square meters) at Riverside Investment & Development and Howard Hughes’ under-construction...
24 February 2020
Residential Buildings Proposed for Chicago’s Fulton Market Receive Initial Approval
Chicago officials approved two high-rise apartment developments that would build 920 apartments in Fulton Market despite criticism that few apartments would be set aside for...
04 February 2020
Office and Residential Towers Proposed on Chicago’s North Side
Chicago’s lakefront rarely sees much in the way of new development since most of the prime waterfront real estate is already built-up. But in the...
20 December 2019
Skyscraper Projects in Chicago’s Near West Side Move Forward
Global architecture firm Goettsch Partners (GP) announced the groundbreaking on 20 December 2019 for Union Station Tower, also known as BMO Tower, a new 50-story...
05 December 2019
Chicago Skyscraper Plans to Start Construction After Securing Financial Backing
Work is set to begin in December 2019 on a 1.5 million-square-foot (139,000-square-meter) office tower alongside Union Station, after the developers landed a US$476 million...
21 November 2019
Planned Chicago Supertall Undergoes Minimal Changes After Community Review
On 19 November 2019, developers unveiled updated plans for a mixed-use supertall tower slated for the parking lot just east of Chicago’s landmark Tribune Tower....
08 October 2019
Chicago’s Next Supertall Nears Approval Amid Flurry of Development
The developer of a proposed supertall skyscraper on North Michigan Avenue next to Tribune Tower is nearing an agreement with the city in “a couple...
03 October 2019
Three New Projects in Development for Chicago’s West Loop Neighborhood
Already a forest of construction cranes, Chicago’s booming Fulton Market District is preparing to welcome more big projects to its pipeline. Developers have submitted zoning...
10 September 2019
Chicago Renovation Pays Homage to Building’s Mod Design History
The South Loop apartment building that was once headquarters to the Ebony/Jet publishing empire is in the final stages of renovation. The groovy look of...
29 August 2019
Multi-Phase Residential Tower Complex Nears Completion in Chicago
On Chicago’s Near North Side, the third and final high-rise of the multi-phase plan to redevelop the Atrium Village housing complex into Old Town Park...
13 August 2019
Glass-Clad Mixed-Use Tower to Replace Old Brick Building in Chicago
Just weeks after securing a zoning change from city officials, developer Sterling Bay is moving forward with its plans to demolish an older building on...
07 August 2019
Controversy Surrounds Chicago West Loop Apartment Towers
Despite pushback from neighbors, a West Loop alderman said he is likely to sign off on a trio of new buildings that would bring nearly...
29 July 2019
Elevator Malfunctions Continue in Chicago Skyscraper
A group of people on floor 96 of the former John Hancock Center in Chicago became entrapped on their elevator to the ground floor over...
23 July 2019
A Condo Tower Will Break Ground in Chicago in September
A 47-story condo tower known as Cirrus readies to break ground in Chicago. Located steps from Lake Michigan, Navy Pier, Maggie Daley Park, and the...
18 July 2019
Transformation of Chicago’s Willis Tower Begins with New Art-Filled Lobby
EQ Office, the US office portfolio company owned by Blackstone, has reopened Willis Tower’s Wacker Drive lobby, featuring a new, one-of-a-kind art installation created by...
17 July 2019
Chicago’s Fulton Market Sees Continued Expansion
Online job marketplace Glassdoor plans to hire 500 employees in Chicago over the next few years and has expanded its office in the Fulton Market...
15 July 2019
Tech Giant to Expand Into Chicago’s West Loop
Downtown Chicago’s booming tech scene is in for another big jump. Accenture will be expanding into seven floors of the newly named Accenture Tower, bringing...
TheObamaFoundation.jpg)
12 June 2019
Federal Judge Tosses Lawsuit Against Chicago’s Obama Center
A federal judge declared Tuesday, 11 June, 2019 that “construction should commence without delay” on the Obama Presidential Center (OPC) in Chicago’s historic Jackson Park....
30 April 2019
Two Towers Progress onto Chicago’s Iconic Skyline
Vista Tower reached its final height on April 26 2019, when construction workers poured concrete to form the Chicago skyscraper’s 101st and final floor. That...
24 April 2019
Historic Chicago Board of Trade Building Up for Sale
The owners of the Chicago Board of Trade Building are putting the landmark tower up for sale, looking to cash out with a big profit...
17 April 2019
Two New Apartment Projects Proposed in Chicago’s Gold Coast
Chicago-based developer Newcastle Limited has presented its plans for a pair of mixed-use Gold Coast developments. The two State Street projects would replace a cluster...
11 April 2019
Chicago City Council Approves Two Major Projects
After some aldermanic debate and occasional protester outbursts, the Chicago City Council approved up to $2.4 billion in public subsidies to support The 78 and...
28 March 2019
Chicago to See a New Skyscraper on Michigan Avenue
One of Chicago’s busiest real estate developers wants to build a 47-story residential and hotel tower on a stretch of North Michigan. Sterling Bay is...
22 March 2019
Luxury Co-Working Firm Leases Penthouse in New Wacker Drive Tower in Chicago
The development team behind the new Bank of America Tower going up at 110 N. Wacker Drive today announced a 58,000-square-foot (5,388-square-meter) lease with No18,...
14 March 2019
Multiple Developments Approved and Proposed in Chicago
Chicago’s City Council has approved multiple new projects that are set to change the face of the skyline. Sterling Bay’s Lincoln Yards was approved by...
06 March 2019
Chicago Development Plans to Include Unprecedented Amount of Affordable Units
The US$6 billion Lincoln Yards megadevelopment will include 600 affordable housing units – twice as many as required in a compromise by Sterling Bay as...
01 March 2019
As One Chicago Lakefront Project Gets a New Deadline, Another is Announced
The owner of the Chicago Spire site could have another year to begin developing the lakefront site, four months after a downtown alderman rejected a...
25 January 2019
Lincoln Yards Wins Plan Commission Approval in Chicago
A $6 billion development that would transform 55 acres (22 hectares) along the North Branch of the Chicago River is a key step closer to...
23 January 2019
The Waldorf-Astoria’s Developer Has a New Luxury Condo Plan in Chicago
The developer that built the Waldorf Astoria hotel and condominium tower about a decade ago is dipping back into the market for ultra-luxe condos in...
18 December 2018
Chicago News Update: TOD Expands, Luxury Condos Come to Oakbrook, and a Hyde Park Project Tops Out.
Mayor Rahm Emanuel is looking to expand the City’s Transit Oriented Development (TOD) policy to more than 20 high-ridership bus routes along eight major corridors...
12 December 2018
BMO Harris Bank to Occupy New Chicago Union Station Tower
BMO Harris Bank will consolidate its Chicago offices in 2022 at a new 50-story tower next to Union Station, the bank announced on 10 December...
05 December 2018
New Images of the 272-meter NEMA Chicago Revealed
After quietly breaking ground nearly two years ago, the 893-foot (272-meter) apartment tower known as NEMA Chicago has grown to dominate downtown’s southern skyline. The...
30 November 2018
Salesforce to add 1,000 jobs in new Chicago riverfront skyscraper
Salesforce on Friday, November 30, 2018 will announce plans to anchor a new riverfront skyscraper and add at least 1,000 jobs to its Chicago workforce...
30 November 2018
Lower skyscrapers, wider parks in revised Lincoln Yards proposal
Developer Sterling Bay will present revised plans for its $5 billion-plus Lincoln Yards mixed-use development in a public meeting on Nov. 29, 2018. Shorter skyscrapers —...
29 March 2018
Developers Tweak Plans for Tallest Tower in Chicago’s Fulton Market
A pair of developers hoping to build the tallest tower in the Fulton Market District of Chicago have cut down their plan by eight floors...
23 March 2018
Apartment Tower is Ready to Rise in Chicago’s Hyde Park
A 26-story apartment tower is ready to break ground in Chicago’s Hyde Park neighborhood after receiving its first construction permit on March 19. The South...
21 August 2025
Chicago Developer Sells Lone Completed Building in Larger Development
Sterling Bay is seeking to sell the only completed building at its stalled Lincoln Yards megaproject, further signaling uncertainty for the 53-acre mixed-use development between...
28 July 2025
35-Story Chicago Building is Renamed After Longest-Serving Secretary of State
In a ceremony led by Illinois Governor JB Pritzker and attended by state leaders and community members, the State of Illinois officially renamed the 37-story...
14 July 2025
Northwestern Memorial Plans Major Expansion with New High-Rise in Chicago
Northwestern Memorial Hospital is planning a major expansion of its Streeterville campus with a new tower that would add hundreds of beds and consolidate cancer...
30 June 2025
Investment Group Buys Chicago’s 311 S. Wacker Tower at a Discount
Kohan Retail Investment Group, known for acquiring distressed malls, has purchased one of Chicago’s tallest skyscrapers, the 65-story office tower at 311 S. Wacker Drive,...
12 June 2025
Observation Deck in Chicago's Iconic Skyscraper is Expanding Upwards to the 96th Floor
At 875 N. Michigan Ave, formally known as the John Hancock Center, the operator of the observation deck on the 94th floor is expanding the...
05 May 2025
Governor Rejects Revised Mega Project Proposal Despite Revisions
Illinois Governor JB Pritzker has dismissed the revised proposal for the US$20 billion One Central megadevelopment, citing a newly released feasibility study that found the...
21 April 2025
Future of North Chicago Project is at the Hands of the Lender
The future of the $6 billion, 53-acre Lincoln Yards project now hangs in the balance, as the site is split between the bank-controlled northern parcel...
21 March 2025
New Conversion Proposal for Chicago’s Pittsfield Building
An investor who acquired a significant portion of Chicago’s historic Pittsfield Building is proposing an office-to-residential conversion, adding to the growing trend of repurposing underutilized...
18 February 2025
Partnership Formed for Developing Class A Office Building in Chicago
It has been reported that Third Millennium Group and Hines are partnering to move forward with an office development proposal at 590 W. Madison St....
12 February 2025
18-Story Apartment Building with Co-Living Becomes Available to Lease in Chicago
Straits Row, an 18-story (54.9-meter) rental building in Printers Row of the South Loop in Chicago, has begun leasing units. Located at 633 South LaSalle...
03 February 2025
Chicago Planning Approves Condominium Development of Three High-Rise Buildings at 1325 West Fulton
The Chicago Plan Commission has approved a multi-phase condominium development at 1325 West Fulton, led by Chicago-based Sulo Development. The project spans an entire vacant...
18 November 2024
Chicago Moves Forward with $98M TIF Plan to Transform 135 S. LaSalle into Mixed-Use Hub
Chicago is advancing a plan to provide $98 million USD in tax-increment financing (TIF) to transform the landmark 135 S. LaSalle St. building into a...
21 October 2024
University Changes Plans for Building in Chicago's "The 78" South Loop Development
The University of Illinois (U of I) has changed its plan for the USD$285 million Discovery Partners Institute (DPI) in the South Loop at The...
08 October 2024
Original Architects Tapped to Lead Interior Redesign of Iconic Chicago Skyscraper
On 1 October, it was announced that Skidmore, Owings & Merrill (SOM) has been brought on to lead the architectural redesign and redevelopment of the...
25 September 2024
Developer Reveals Residential High-Rise Plans for Chicago's Near West Side
The owners of the United Center arena have detailed a $7 billion USD redevelopment plan for the area surrounding the structure, seeking city approval for...
02 September 2024
Demolition of Iconic Chicago Building Begins to Make Way for $1.7 Billion Casino Complex
Bally’s has begun demolishing the Freedom Center printing plant in Chicago to make way for a $1.7 billion USD casino along the Chicago River. The...
08 August 2024
Two Historic Chicago High-Rises are Saved
Two historic high-rises along State Street, the Century and Consumers buildings at 202 and 220 S. State St., will be preserved and redeveloped, as announced...
17 July 2024
Chicago is Seeing an Uptick in Rental to Condo Deconversions
The trend of condo deconversions in Chicago is continuing to shift, as exemplified by two recent proposals in the planned transition of The Hensley apartment...
18 June 2024
Groundbreaking Ceremony for Chicago Waterfront Development
On Monday, 17 June, a groundbreaking ceremony for Chicago's newest residential complex, 400 Lake Shore Drive was held with more than 200 guests, including city...
17 June 2024
A Long-Awaited 73-Story Residential Skyscraper Opens in Chicago
1000M, the newest residential skyscraper in downtown Chicago, officially opened on 13 June 2024. Designed by the late legendary architect Helmut Jahn, the 73-story tower...
24 May 2024
Retail Development Repositioning to Housing in Chicago
A significant redevelopment of the Clybourn Place shopping center in the Lincoln Park neighborhood of Chicago has been proposed. This redevelopment aligns with the changing...
21 May 2024
New 26-Story Office Building Planned for Fulton Park Campus in Chicago
Permits are in progress for a new 421-foot (128.3-meter) mixed-use office building at 1105 W. Carroll, part of Trammell Crow Company’s Fulton Park Campus. Designed...
05 March 2024
60-Story Bank HQ in Chicago Announces Major Renovation
JPMorgan Chase unveiled major renovation plans for the 61-story Chase Tower in Chicago, its local headquarters building. This reinforces the company’s commitment to the city...
21 February 2024
Chicago Investor Strikes Deal for 50-Story Office Tower in Chicago Loop
It has been reported that Fairpoint Development, a Chicago investor known for big real estate projects in emerging areas, has a deal to buy a...
16 January 2024
29-Story Apartment Building in Chicago Obtains $84 Million Construction Loan
A joint venture between developers Shapack Partners and CRG obtrained financing for a new 29-story residential skyscraper in Fulton Market. The developers received an $84...
14 December 2023
Tech Giant Reveals Images for Repositioning Iconic Chicago Building
On 13 December, Google unveiled images of its plans to reposition the post-modern James R. Thompson Center that had previously been home to Illinois state...
03 November 2023
Company Opens New Downtown Chicago Location
On 24 October 2023, it was announced that the newest location of UL Solutions opened in downtown Chicago. The company’s new approximately 40,000-square-foot space is...
26 September 2023
New Antenna Installed Atop Willis Tower
ABC7 Chicago successfully installed a brand new antenna on the Willis Tower on a Sunday morning. The process was captured by Chopper 7. A helicopter...
07 September 2023
Chicago Development Seeks to Amend Prior Zoning Approval
Located at 800 West Lake Street, a previously approved development concept for a 21-story hotel with 476 rooms is seeking approval to amend the prior...
22 August 2023
Skyscraper Development Site Overlooking Grant Park Now for Sale
Miami-based firm Crescent Heights has hired CBRE Vice President Tom Svoboda to sell a 43,100 sq. ft. parcel at 1201 S. Michigan Avenue near Grant...
02 August 2023
1000M Officially Topped Off
The 73-story 1000M tower, developed by Time Equities, JK Equities, and Oak Capitals, has officially topped off with the final concrete floor poured. The skyscraper...
07 July 2023
Proposed Project Considers Increasing Building Height in Chicago
Developer Sterling Bay recently shared their revised proposal for a mixed-use development at 2033 N. Kingsbury. Originally announced in September 2022 as a 16-story building,...
09 June 2023
Developer Tries to Team up with Teacher's Union in Chicago
Sterling Bay is trying to team up with the Chicago Teachers' Pension fund to bail out Lincoln Yards, a stalled North-Side megadevelopment. With the real estate...
24 May 2023
Luxury Hotel Sale in Chicago Proceeds
The St. Regis hotel in Chicago has been sold for US$134 million. This makes it one of the city's biggest hotel sales in years. The...
24 April 2023
Beverage Company Eyes Downsized Office Space Move
Molson Coors, a beer company, is looking to lease 70,000 square feet (6,503 square meters) of space in BMO Tower for its new headquarters. The...
14 April 2023
Mixed-Income Unit Development Coming to Chicago's Near West Side
McShane Construction Company and Ashlaur Construction have been chosen by Brinshore Development and The Michaels Organization to build Phase IID of Westhaven Park on Chicago's...
06 April 2023
Chicago High-Rise Fire Results in Firefighter Death
A Chicago Fire Department lieutenant who died while battling a high-rise fire on the morning of 5 April, 2023 was determined to have died by...
23 February 2023
Chicago Condominium Property Primed for Reconversion
A 28-story Edgewater high-rise has been listed for sale in Chicago, looking to attract investors that transform condo buildings into apartments. The brokerage group, Kiser...
14 February 2023
Mixed-Use Building Rises Quickly In Chicago
North Wells Capital’s 15-story mixed-use tower at 311 W Huron Street in River North is quickly rising. The tower will stand 226 feet tall (68.8...
25 January 2023
Multiple Hospitalized and One Fatality in Kenwood High-Rise Fire in Chicago
A high-rise fire in Kenwood, Chicago on Wednesday, 25 January, 2023 killed one resident and sent eight others to the hospital. The building has many...
13 January 2023
Residential Project Near South Shore Cultural Center Proposed in Chicago
A high-rise apartment building is being proposed for a vacant lot near the South Shore Cultural Center in Chicago. Described as an equitable transit-oriented development...
03 January 2023
Developers Pitch Substantial Residential Conversions in Chicago
Many Chicago developers are collectively proposing more than US$1.2 billion-worth of projects to renovate a suite of office buildings on and near LaSalle Street into...
23 December 2022
Trading Firms Adds Two Floors to Chicago Office
A proprietary trading firm is adding to its office footprint in Chicago's Loop, bucking the post-pandemic trend of releasing downtown space back onto the market. ...
29 November 2022
Chicago Apartment Building Sells for US$10.5 million
A historic Harry-Weese designed 14-story building in Streeterville, Chicago has been sold for US$10.5 million from Brad Management to Chicago-based Altitude Capital Partners. Built in...
08 November 2022
Judge Rules Against Group Suing to Stop Presidential Center in Chicago
The long-waged fight by the group Protect Our Parks to halt construction of former President Barack Obama’s Jackson Park museum and campus has reached the...
28 October 2022
Residential 36-Story High-Rise Gets City Council Approval in Chicago.
A US$166 million, 35-story residential tower is coming to Greektown after getting City Council approval Wednesday. The high-rise at 301 S. Green St. will replace a...
24 October 2022
Trustee Gives US$121 Million to Expand University's Biomedical Research Center
Northwestern University Trustee Kimberly K. Querrey (’22, ’23 P) and the Louis Simpson Trust have made a new US$121 million gift to Northwestern to advance...
18 October 2022
Distressed Loop Building set for Apartment Conversion in Chicago
N.Y.-based Intersection Realty Group Intersection paid US$19.3 million last month for a 25-story office building at 65 East Wacker Place, according to Cook County property...
10 October 2022
Landmark Building in Chicago is Up for Sale
The developer that transformed the landmark 17-story Chicago Motor Club building into a Hampton Inn is looking to sell. Chicago-based Murphy Development Group has hired...
05 October 2022
Pharmaceutical Company Expanding, Moving HQ to Fulton Market, Chicago
A drug maker that moved its research division from California to Chicago early in the COVID-19 pandemic is continuing to invest in its office and...
27 September 2022
Condominium Sells for US$20.5 million in Chicago
A condominium at the St. Regis tower sold Wednesday for a little more than US$20.56 million, the highest price anyone has paid for a Chicago-area...
26 September 2022
First Look Offered for Fulton Market Site in Chicago
Chicago developer Fred Latsko unveiled a rendering of the apartment tower on tap to accompany the nation’s second Guinness brewery planned for Fulton Market. The...
21 September 2022
Residential Building Proposed to Replace 60-Meter Hotel in Chicago
CTBUH has just received confirmation that a 143-meter residential building, 1234 West Randolph, located in Chicago has been proposed to replace a 60-meter hotel. The...
19 September 2022
Coworking Company to Open in Chicago Uptown Apartment Project
The Chicago developer turning Uptown's landmark Bridgeview Bank building into apartments has enlisted WeWork to operate co-working space on the property's lower floors, the shared-office...
16 September 2022
Vote Delayed for Landmark Status of Two Chicago Buildings
The Commission on Chicago Landmarks delayed a vote on the preliminary landmark designation of the Century and Consumers Buildings during its recent monthly meeting on...
26 August 2022
25-Story Residential Building in Chicago is Up for Sale
John Buck, the Chicago-based development firm has hired Jones Lang LaSalle to sell 3Eleven, a 25-story building with 245 apartments at 311 W. Illinois St....
12 August 2022
18 Story Building is Under Construction in Chicago
CTBUH has just received confirmation that the 18-story building, located at 210 North Aberdeen Street in Chicago has had a status change. The project designed...
11 August 2022
Plans are Revealed for a Tall Timber Building in Chicago
Noted Chicago developer Sterling Bay is planning a nine-story, 130-unit apartment building at 2100 N Southport Avenue in the Lincoln Park neighborhood. The techniques utilized...
04 August 2022
Chicago Loop Office Tower Put for Sale with Hopes to be Bought by Tech Giant
Developer John Buck is putting his LaSalle Street office tower up for sale, testing whether investors will clamor to own property on the corridor now...
02 August 2022
41-Story Residential Tower Tops Off in Chicago
The Reed, a 41-story, 440-unit residential tower at 234 W. Polk, has officially topped off at 136.2 meters (447 ft.). Perched along the Chicago River,...
29 July 2022
Mixed-Use Building in Chicago Tops Out
The 160 N. Elizabeth Street building has reached its full height of 89.4 meters (293 feet) and 27 floors in July 2022. This mixed-use project...
27 July 2022
Large Tech Company Announces Plan to Buy Chicago’s Thompson Center
In a surprise deal that gives new life to an iconic but aging downtown office building, Google plans to buy the James R. Thompson Center...
20 July 2022
Three-Year-Old Boy Dies After Fall From Chicago Building
Officials say that a three-year-old boy has died after he fell more than 15 stories from a window of an Uptown residence on the evening...
19 July 2022
Demolition Begins for 741 N Wells Street in Chicago
Following up on a demolition permit article, partial site clearing has begun for a 21-story mixed-use tower at 741 N Wells Street in River North....
18 July 2022
New Tenant for Redeveloped Marshall Field Building in Chicago
Parsippany, New Jersey-based Ferrero North America announced they will open a 45,000-square-foot (4,180-square-meter) facility next year in the landmark Marshall Field building at 24 E....
07 July 2022
Developer of Chicago Office Towers Expands into Residential
A developer that has built three trophy office towers near the Chicago River in recent years is planning its first apartment project in the city,...
22 June 2022
Laboratory Company Opening Office in Chicago's Tallest Building
Abbott Laboratories is opening a big new office at Willis Tower that could bring as many as 450 jobs downtown, a move meant to provide...
20 June 2022
Over 2,200 Apartments Proposed Near Casino Site in Chicago
One of Fulton Market District's most prolific developers wants to build more than 2,200 apartments and a hotel on a series of sites between the...
13 June 2022
Second-Highest Condo at St. Regis Sells in Chicago
A condominium nearly at the top of the new St. Regis sold for US$9.2 million, the highest recorded sale price so far in the Studio...
12 May 2022
27-Story Uptown Apartment Tower Hits the Market in Chicago
The developers of a 27-story apartment tower in Uptown have decided to sell the property, one of the biggest residential buildings in the North Side...
10 May 2022
Casino Details for Downtown Chicago Revealed
Mayor Lori Lightfoot has picked a winning casino for the City of Chicago: It's Bally's, which will get the right to build and operate the...
09 May 2022
Chicago Apartment Developer Eyes Another Massive Riverfront Project
The Canadian developer planning to build almost 2,700 apartments on the southern tip of Goose Island has a deal to buy another big development site...
06 May 2022
Retail Giant Executive Buys Condo in News Tower Development in Chicago
A Walmart executive is the latest buyer at the renovated Tribune Towers condo development. Judith McKenna, president and CEO of Walmart’s international division, and her...
03 May 2022
Delayed River North Condo Building in Chicago Tries a New Name
Giving an Erie Street building the appellation of a wine region is part of the effort to uncork sales at the 31-unit building, where one...
19 April 2022
Condo in Chicago's Gold Coast Sells for US$17.4 Million
A condo at super-luxury building No. 9 Walton sold in March, 2022 for US$17.4 million, the second-highest price so far in a year where the...
18 April 2022
Downtown Chicago Office Buildings Slowly Bounce Back in Year Three of the Pandemic
Demand for Chicago offices is starting to emerge as the pandemic wanes. The conundrum resulted in a new record-high vacancy rate of 21.2 percent in the...
11 April 2022
Water Tower Place Lender Taking Over Chicago Mall
About a year after losing Macy’s, its largest tenant, the owner of big North Michigan Avenue shopping mall, Brookfield Property Partners, has decided to hand...
01 April 2022
Chicago Investor in Megadeal for Wacker Drive Tower
Chicago real estate investor Tim Callahan has returned to the downtown office market, partnering with a New York firm to buy the 55-story tower at...
25 March 2022
Social Media Company Nears Deal for Larger Office in Chicago's Fulton Market
After its deal to lease a new office in the Fulton Market District fell through, social media app company Snap has set its sights on...
15 March 2022
Major Brands Fill Fulton Market Office Building in Chicago
The company that makes White Claw and billionaire Lukas Walton's philanthropic and investment venture have leased new Fulton Market District offices, helping fill the remaining...
09 March 2022
This Cannabis Firm Lease in Chicago Would Mark a New Trend
One of Chicago's publicly traded marijuana companies is close to leasing space for a new headquarters in River North, a potential breakthrough for cannibis firms...
08 March 2022
Former John Hancock Center Seeking Medical Tenants in Chicago
Chicago-based real estate firm Hearn is looking for medical providers to move into the former John Hancock Center, now formally known as 875 North Michigan...
07 March 2022
Chicago Mixed-Use Supertall Makes its Highest-Priced Sale to Date
A condominium on the 80th floor of the new St. Regis tower, formerly known as Vista, sold for nearly US$8.85 million. The condo, about 6,400 square...
25 February 2022
Major Hotel Brand Ends Partnership with Chicago High-Rise Hotel
As they stare down a US$70 million foreclosure lawsuit, the owners of the Conrad Chicago hotel have split with Hilton Worldwide as the shuttered inn's...
21 February 2022
311 West Huron Interiors Revealed in Chicago
CTBUH has just received an update on the interiors of 311 West Huron in Chicago, US. The project is being designed by NORR Group Consultants...
18 February 2022
Offer Placed on $30 Million Unfinished Penthouse in Chicago
The unfinished penthouse at the top of Trump International Hotel & Tower is tentatively under contract to a buyer. The unit, more than 14,200 square feet...
08 February 2022
Mixed-Use Building Proposed for Chicago's Fulton Market
CTBUH has just received confirmation that a tall building has been proposed for the Fulton Market neighborhood in Chicago, US. 170 Green is a mixed-use...
04 February 2022
Updated Plans Revealed For Mixed-Use Development in Chicago's West Loop
Updated renderings and plans have been revealed for a mixed-use development at 640 W Washington Boulevard in West Loop Gate. Located just east of the...
27 January 2022
Investors Near Deals to Buy Office Towers in Chicago's Downtown
A pair of investors backed by foreign capital are poised to take over two prominent downtown office buildings in deals totaling US$400 million, deals that...
14 January 2022
Massive Fulton Market Mixed-Use Project Proposed in Chicago
A Chicago developer is preparing to unveil plans for a US$600 million mixed-use project in the Fulton Market District, the biggest real estate development to...
04 January 2022
Chicago Office Tower Valued at Over US$1 Billion in Purchase by Oak Hill Advisors
A venture led by Oak Hill Advisors has agreed to buy a controlling interest in a new 55-story office tower in Chicago. Oak Hill has...
13 December 2021
A New 18-Story Residential Tower to Replace Two Masonry Buildings in Chicago, US
Demolition permits have been issued for a long-anticipated West Loop site in Chicago USA, clearing the way for a new 18-story residential tower. Addressed at...
10 December 2021
New Loan Acquired to Resume Construction of Helmut Jahn’s South Loop Tower in Chicago
Construction is set to restart at a 74-story Helmut Jahn-designed building in downtown Chicago after developers secured a US$305 million loan and changed plans to...
29 November 2021
A 19th-Century Flour Mill in Chicago Makes Way for New Apartments and Offices
Developer Sterling Bay is planning to redevelop the site of the former Archer Daniels Midland flour mill, at 1300 West Carroll Avenue in Chicago, with...
24 November 2021
Leasing Activity Gains Momentum in Chicago’s Fulton Market
The maker of John Deere tractors has recently leased more than 38,000 square feet at 800 West Fulton Market in Chicago as it expands its...
05 November 2021
Interest Increases for Office Buildings with Small Floor Plates in Cities Post-COVID
Smaller floor plates in office buildings are becoming more popular for cities, like Chicago, post-COVID. For the last decade, buildings with larger floor plates have...
25 October 2021
Groundbreaking Ceremony for Chicago Project
After five years of planning, the Lincoln Yards’ groundbreaking ceremony was held to signal the start of construction for the first building on the site,...
22 October 2021
High-Rise Office Project Proposed for Fulton Market in Chicago
Paperwork has been filed with the City of Chicago for a new project in Fulton Market, Chicago. 360 North Green is currently a parking lot,...
05 October 2021
Chicago Addition to “Millennium Mile” Tops Off
In Chicago, 300 NMA has reached its final height of 47 floors and 157.6 meters (517 feet). Located at 300 N. Michigan Avenue, the project...
22 September 2021
Chicago Residential Project Along the Chicago River Underway
Lendlease recently celebrated breaking ground on The Reed, a 41-story, 440-residence community at 234 W. Polk St. in Chicago’s Printers Row neighborhood. The Reed is...
16 September 2021
Chicago Condo Building Converting to Apartments in Record-Breaking Sale
A 51-story condominium building in Chicago is being sold and turned into apartments. Strategic Properties of North America plans to convert Ontario Place, a 467-unit...
15 September 2021
Winners Named in Design Competition Re-envisioning Chicago's Thompson Center
Three winners have been named in the 2021 Chicago Prize Competition, which sought new visions for the James R. Thompson Center, an iconic 17-story civic...
08 September 2021
Chicago Mixed-Use Complex Working Towards Approval
In Chicago, the developer for a proposed US$20 billion mixed-use complex on the South Side says he is ready to finalize deals with the city...
18 August 2021
Old Chicago Main Post Office Gets a Major New Tenant
The 601W Companies has landed a major new tenant for its property at 433 W. Van Buren St., the Old Chicago Main Post Office building....
06 August 2021
Chicago Residential Building Drops Condos from its Mix
The pandemic is influencing behavior among potential condo owners in Chicago’s downtown. With the availability of a vaccine and the effects of the Delta variant,...
27 July 2021
Massive Lakefront Redevelopment Wins Approval in Chicago
The US$3.8 billion redevelopment of the former Michael Reese Hospital site in Chicago was approved by the Chicago City Council. The only one of three...
13 July 2021
Chicago Mixed-Use Project Starts Site Prep
Work has begun at 410 S Wabash Avenue in Chicago where developer LMC has planned a 25-story mixed-use tower. Crews have begun removing the site’s...
08 July 2021
Insurance Company Sues City of Chicago After Skyscraper Floods
The insurer for the Willis Tower in Chicago is suing the City of Chicago in an attempt to recoup some of its costs in paying...
16 June 2021
Carbon-Neutral Mixed-Use High-Rise Wins Chicago Design Competition
An affordable mixed-use carbon-neutral high-rise designed by The Community Builders and Studio Gang has been selected as the winner of the City of Chicago’s C40...
14 June 2021
A Competition to Give Chicago's Thompson Center New Life Opens
A competition open to the general public to re-envision the State of Illinois “Thompson” Center has been launched by the Chicago Architecture Center and the...
08 June 2021
Plans for Chicago Mixed-Use High-Rise Moving Forward
The Chicago City Council has approved a 47-story mixed-use tower, located at 640 W Washington Boulevard in West Loop Gate. The development will replace an...
01 June 2021
Final Hurdle Cleared for Megadevelopment in Chicago
The Chicago City Council has approved the 3.3-hectare (8.1-acre) North Union megadevelopment in the Near North Side. Planned by JDL Development, the project site is...
18 May 2021
Chicago Skyscraper Getting a Big Makeover
Accenture Tower in Chicago will undergo a US$22 million renovation, including indoor and outdoor amenities and the addition of 90,000 square feet (8,361 square meters)...
14 May 2021
High-Rise Lab Planned for Chicago’s Fulton Market
Chicago developer Mark Goodman wants to build a 19-story life sciences lab building along the western edge of the Fulton Market District, a project that...
10 May 2021
Helmut Jahn, One of American Architecture's Most Celebrated Figures, Dies Age 81
Helmut Jahn, the architect behind some of America's best-known buildings, has died in a bicycle accident aged 81. The German-American designer, whose high-profile projects include...
23 April 2021
Skydeck at Chicago's Tallest Building Reopens Featuring a New Interactive Museum
EQ Office announced the exciting reopening of Skydeck Chicago at Willis Tower to the public on 23 April, 2021 after completing an extensive redevelopment. The...
22 April 2021
Chicago Opens the Door to More Branded High-Rise Signage
Chicago’s skyline could be in for changes after the city passed rules that could allow more signs on some office towers. The rules, which would...
19 April 2021
Developer Unveils Plan for Almost 2,700 Apartments on Chicago's Goose Island
A Canadian developer has unveiled plans to bring up to 2,650 apartments to a part of the city that now has no residents. Onni Group...
13 April 2021
Chicago Office Tower Tops Out
Construction has topped out for the 50-story, 727-foot-tall (221-meter-tall) office tower at 320 S Canal Street in the West Loop. Also known as BMO Tower,...
31 March 2021
New High-Rise Coming to Chicago in Fast-Growing Neighborhood
The Fulton Market District apartment boom is pushing north of Lake Street, the next frontier for housing developers in the neighborhood after a recent city...
11 March 2021
Megaproject in Chicago Gets Key Support from Metra
Developers of the proposed US$20 billion One Central complex on railroad air rights west of Soldier Field have received a show of support from a...
26 February 2021
Developer Plans More Than 1,000 Apartments in Chicago's West Loop
A Canadian developer plans two high-rises with more than 1,000 apartments next to Presidential Towers in the West Loop, a big vote of confidence in...
24 February 2021
Hospital Site Redevelopment Wins Key Approval in Chicago
The developers planning to turn the former Michael Reese Hospital site in Bronzeville into a 49-acre (19.8-hectare) mixed-use campus over the next two decades took...
10 February 2021
Crowdfunding Collapse Sets Back Fulton Market Project in Chicago
The implosion of a New York real estate investment firm has undermined plans for two major developments in Chicago, including a hotel in the Fulton...
03 February 2021
Airline Reduces Chicago Tower Footprint After Sweeping COVID-19-Related Cuts
United Airlines is shrinking its Willis Tower headquarters, where it has about 30 percent fewer workers than before the COVID-19 pandemic. The airline today confirmed...
01 February 2021
Businesses Exit Chicago's Thompson Center as State Buys West Loop Offices
The state of Illinois has bought a West Loop office building, a move that ought to erase any doubt it soon will fully vacate the...
26 January 2021
Developers Look to Add Units to Stalled Chicago Tower
After losing their financing last year, the New York City developers of a stalled 74-story residential high-rise next to Grant Park are trying to jump-start...
21 January 2021
Iconic Chicago Building Getting Massive Plaza Renovation
The owner of one of Chicago’s biggest office towers is investing US$6.5 million to demolish and redesign its half-acre (0.2-hectare) plaza in anticipation of greater...
14 January 2021
Developer Scales Back Chicago Lakeshore High-Rise Plans
The developer of a big high-rise proposed just north of Millennium Park has scaled back its plans, slashing the number of hotel rooms in the...
12 January 2021
New Art Installation Revealed at Chicago's Tallest Tower
EQ Office revealed Atmospheric wave wall, a new cultural landmark and the first public art installation in Chicago by globally acclaimed artist Olafur Eliasson. Prominently...
21 December 2020
Renderings Unveiled For The Reed At Southbank
Renderings have been revealed for The Reed, the second residential tower at Southbank. Located on a 7.5-acre (3.03-hectare), waterfront site, Southbank is a megadevelopment that...
10 December 2020
Residential Tower Tops Out at 122.9 Meters in Chicago
Construction on Cascade has topped out 396 feet (120 meters) over Lakeshore East. Officially addressed at 455 E Waterside Drive, Cascade is part of the...
08 December 2020
Apartment Towers Pitched for South Loop, Near West Side in Chicago
COVID-19 has slowed Chicago’s economy, but two bullish developers have drawn up ambitious plans that would bring a combined 1,200 apartments to two city neighborhoods....
25 November 2020
Chicago’s Third Tallest Building Gets A New Name
The soaring Vista Tower, the newest addition to Chicago’s famed skyline, now has a new name: St. Regis Chicago. The skyscraper also has a new...
10 November 2020
Major Luxury Hotel Brand Sold in Chicago
After buying a pair of historic Chicago properties and the city's Major League Soccer franchise, Joe Mansueto is making another high-profile purchase: The Waldorf Astoria...
28 October 2020
Nearly 2,700 Homes Planned for Near North Side Site in Chicago
JDL Development plans nearly 2,700 homes on Near North Side property it would buy from the Moody Bible Institute, one of the biggest residential developments...
26 October 2020
Michigan Avenue Hotel Sold and Set for Rebranding
A California luxury hotel company has purchased the former Hard Rock Hotel on Michigan Avenue and will rebrand it after giving the historic building its...
20 October 2020
James Loewenberg, Developer of Chicago High-Rises, Dies at 86
James Loewenberg, a Chicago architect-turned-developer with a portfolio that includes the Aqua and Vista Tower skyscrapers in downtown Chicago, has died at age 86 after...
13 October 2020
Iconic Chicago Tower Bets on the Future of Co-Working
Reports of the demise of co-working during the pandemic are greatly exaggerated, if you ask the owner of Willis Tower. In a bet on the...
08 October 2020
Chicago South Loop Apartment Tower Selling for US$190 Million
A San Francisco investment firm is paying US$190 million for a new 56-story luxury apartment tower along Grant Park, the biggest Chicago multifamily sale of...
29 September 2020
Chicago Apartment Market A Mixed Bag During Pandemic
Chicago landlord Horizon Realty Group has acquired a Lincoln Park apartment building for US$64 million, a price suggesting that multifamily values might not be falling...
25 September 2020
New Partnership Brings Renewable Energy to Chicago Landmark Tower
Dynegy today announced that it has entered into a multi-year partnership with Chicago's iconic Willis Tower to provide 100% renewable electricity to the Tower. "Sustainability...
22 September 2020
Chicago Post Office Debuts Massive Rooftop Park
A new 3.5 acre (1.4 hectare) park stretching three city blocks is now open in the southwest corner of the Loop. But most people will...
16 September 2020
Chicago High-Rise Fire Injures Several
David Kuta thought about his next-door neighbor when he opened the front door of his 32nd-floor condo on the Near East Side and saw thick...
18 August 2020
Apartment Tower in Chicago to Convert Office Space to Classroom Space During COVID-19 Pandemic
A 57-story apartment tower in the Streeterville neighborhood plans to convert some of its office space to small classrooms, betting that frazzled families will seek...
13 August 2020
Mies van der Rohe Dormitory Gets Renovated in Chicago
Mies van der Rohe’s workhorse tower gets a vibrant remake as a dorm at Chicago’s Illinois Institute of Technology. On the first floor of a...
06 August 2020
Megadevelopment with Biotech Component Prepares for 2021 Groundbreaking, While Life Sciences Lab Moves Forward in Chicago
Early 2021 groundbreaking planned for $6 billion Lincoln Yards megadevelopment on North Side Sterling Bay plans to break ground on the US$6 billion Lincoln Yards...
31 July 2020
Chicago Developer to Buy Out Supertall Building's Partner for US$270 million
The Chicago developer building the 101-story Vista Tower on the Chicago River has agreed to buy out its majority Chinese partner for US$270 million, ending...
20 July 2020
A 47-Story High-Rise is Set to Break Ground in Chicago During the Pandemic
Two major Chicago developers are expected to break ground next month on a 47-story apartment and hotel tower on North Michigan Avenue, in what would...
15 July 2020
Restaurant Atop Chicago's Lake Point Tower to Close, be Sold
One of Chicago’s highest-altitude restaurants is for sale, offering the rare opportunity for another restaurant — or a resident — to take over the top...
10 July 2020
Lender Halts Funding for Skyscraper in Chicago's Downtown Due to Pandemic
A Helmut Jahn-designed skyscraper along South Michigan Avenue is on hold at least until September 2020 and buyers of the luxury units are being offered...
26 June 2020
Chicago Near North Siders Disapprove of 43-Story Apartment Tower Plan
One of Chicago’s busiest luxury residential developers wants to build a 43-story apartment high-rise using air rights from a Near North Side church, but nearby...
23 June 2020
US$185 Million Observatory is Latest Chicago Project Delayed by Coronavirus
The Aon Center has paused plans to build an observatory with a thrill ride atop Chicago’s third-tallest skyscraper, and the US$185 million project will start...
17 June 2020
Plan To Replace Abandoned Chicago Spire Site With Two Apartment Buildings Advances In Zoning Committee
After significantly scaling back their plans to finally fill in the massive hole left behind by the abandoned 2,000-foot (609-meter) Chicago Spire project, developers will...
27 May 2020
Plans Approved For 102-Story Skyscraper That Could Be Chicago's Second-Tallest
A 102-story skyscraper known as Tribune East Tower could become Chicago’s second tallest building in the coming years, after aldermen on Wednesday, 20 May, 2020...
23 April 2020
Foundation Preparations Begin at 60-Story Office Tower Along Chicago River
Development of the 60-story Salesforce Tower has kicked off along the Chicago River after the project secured a US$500 million-plus construction loan that is one of the...
20 April 2020
Investor Acquires Residential High-Rise in Chicago
New Jersey-based Strategic Properties of North America (SPNA) has partnered with South Korean investor Mirae Asset Daewoo to acquire a luxury Chicago apartment building for...
09 April 2020
New Affordable Housing Projects in Chicago Receive Federal Tax Credits
Eleven new developments bringing a combined 1,083 units of affordable housing to Chicago’s North, South, and West sides are moving forward after being selected by...
31 March 2020
Architecture Firm in Chicago Uses 3D Printer to Create Face Masks for Healthcare Workers
bKL Architecture, a firm headquartered at the Aqua tower in Chicago's Lakeshore East neighborhood, is doing its part to be of service during the COVID-19...
31 March 2020
CTBUH EIC Interviewed in Crain's Piece on How High-Rise Living Transformed Chicago's Skyline
How high-rise living has transformed Chicago's skyline The great Chicago apartment boom reshaped the city’s skyline with dozens of fancy new high-rises. But it didn’t...
27 March 2020
Under-Construction Skyscrapers in Chicago Secure Financing
Lendlease and Magellan Development have landed US$283 million in construction financing for their two residential towers rising in Chicago’s Lakeshore East. The projects will have...
26 March 2020
Under-Construction Chicago Skyscrapers Acquire New Tenants
Real estate investment firm Heitman has inked a lease for 60,000 square feet (5,600 square meters) at Riverside Investment & Development and Howard Hughes’ under-construction...
24 February 2020
Residential Buildings Proposed for Chicago’s Fulton Market Receive Initial Approval
Chicago officials approved two high-rise apartment developments that would build 920 apartments in Fulton Market despite criticism that few apartments would be set aside for...
04 February 2020
Office and Residential Towers Proposed on Chicago’s North Side
Chicago’s lakefront rarely sees much in the way of new development since most of the prime waterfront real estate is already built-up. But in the...
20 December 2019
Skyscraper Projects in Chicago’s Near West Side Move Forward
Global architecture firm Goettsch Partners (GP) announced the groundbreaking on 20 December 2019 for Union Station Tower, also known as BMO Tower, a new 50-story...
05 December 2019
Chicago Skyscraper Plans to Start Construction After Securing Financial Backing
Work is set to begin in December 2019 on a 1.5 million-square-foot (139,000-square-meter) office tower alongside Union Station, after the developers landed a US$476 million...
21 November 2019
Planned Chicago Supertall Undergoes Minimal Changes After Community Review
On 19 November 2019, developers unveiled updated plans for a mixed-use supertall tower slated for the parking lot just east of Chicago’s landmark Tribune Tower....
08 October 2019
Chicago’s Next Supertall Nears Approval Amid Flurry of Development
The developer of a proposed supertall skyscraper on North Michigan Avenue next to Tribune Tower is nearing an agreement with the city in “a couple...
03 October 2019
Three New Projects in Development for Chicago’s West Loop Neighborhood
Already a forest of construction cranes, Chicago’s booming Fulton Market District is preparing to welcome more big projects to its pipeline. Developers have submitted zoning...
10 September 2019
Chicago Renovation Pays Homage to Building’s Mod Design History
The South Loop apartment building that was once headquarters to the Ebony/Jet publishing empire is in the final stages of renovation. The groovy look of...
29 August 2019
Multi-Phase Residential Tower Complex Nears Completion in Chicago
On Chicago’s Near North Side, the third and final high-rise of the multi-phase plan to redevelop the Atrium Village housing complex into Old Town Park...
13 August 2019
Glass-Clad Mixed-Use Tower to Replace Old Brick Building in Chicago
Just weeks after securing a zoning change from city officials, developer Sterling Bay is moving forward with its plans to demolish an older building on...
07 August 2019
Controversy Surrounds Chicago West Loop Apartment Towers
Despite pushback from neighbors, a West Loop alderman said he is likely to sign off on a trio of new buildings that would bring nearly...
29 July 2019
Elevator Malfunctions Continue in Chicago Skyscraper
A group of people on floor 96 of the former John Hancock Center in Chicago became entrapped on their elevator to the ground floor over...
23 July 2019
A Condo Tower Will Break Ground in Chicago in September
A 47-story condo tower known as Cirrus readies to break ground in Chicago. Located steps from Lake Michigan, Navy Pier, Maggie Daley Park, and the...
18 July 2019
Transformation of Chicago’s Willis Tower Begins with New Art-Filled Lobby
EQ Office, the US office portfolio company owned by Blackstone, has reopened Willis Tower’s Wacker Drive lobby, featuring a new, one-of-a-kind art installation created by...
17 July 2019
Chicago’s Fulton Market Sees Continued Expansion
Online job marketplace Glassdoor plans to hire 500 employees in Chicago over the next few years and has expanded its office in the Fulton Market...
15 July 2019
Tech Giant to Expand Into Chicago’s West Loop
Downtown Chicago’s booming tech scene is in for another big jump. Accenture will be expanding into seven floors of the newly named Accenture Tower, bringing...
12 June 2019
Federal Judge Tosses Lawsuit Against Chicago’s Obama Center
A federal judge declared Tuesday, 11 June, 2019 that “construction should commence without delay” on the Obama Presidential Center (OPC) in Chicago’s historic Jackson Park....
30 April 2019
Two Towers Progress onto Chicago’s Iconic Skyline
Vista Tower reached its final height on April 26 2019, when construction workers poured concrete to form the Chicago skyscraper’s 101st and final floor. That...
24 April 2019
Historic Chicago Board of Trade Building Up for Sale
The owners of the Chicago Board of Trade Building are putting the landmark tower up for sale, looking to cash out with a big profit...
17 April 2019
Two New Apartment Projects Proposed in Chicago’s Gold Coast
Chicago-based developer Newcastle Limited has presented its plans for a pair of mixed-use Gold Coast developments. The two State Street projects would replace a cluster...
11 April 2019
Chicago City Council Approves Two Major Projects
After some aldermanic debate and occasional protester outbursts, the Chicago City Council approved up to $2.4 billion in public subsidies to support The 78 and...
28 March 2019
Chicago to See a New Skyscraper on Michigan Avenue
One of Chicago’s busiest real estate developers wants to build a 47-story residential and hotel tower on a stretch of North Michigan. Sterling Bay is...
22 March 2019
Luxury Co-Working Firm Leases Penthouse in New Wacker Drive Tower in Chicago
The development team behind the new Bank of America Tower going up at 110 N. Wacker Drive today announced a 58,000-square-foot (5,388-square-meter) lease with No18,...
14 March 2019
Multiple Developments Approved and Proposed in Chicago
Chicago’s City Council has approved multiple new projects that are set to change the face of the skyline. Sterling Bay’s Lincoln Yards was approved by...
06 March 2019
Chicago Development Plans to Include Unprecedented Amount of Affordable Units
The US$6 billion Lincoln Yards megadevelopment will include 600 affordable housing units – twice as many as required in a compromise by Sterling Bay as...
01 March 2019
As One Chicago Lakefront Project Gets a New Deadline, Another is Announced
The owner of the Chicago Spire site could have another year to begin developing the lakefront site, four months after a downtown alderman rejected a...
25 January 2019
Lincoln Yards Wins Plan Commission Approval in Chicago
A $6 billion development that would transform 55 acres (22 hectares) along the North Branch of the Chicago River is a key step closer to...
23 January 2019
The Waldorf-Astoria’s Developer Has a New Luxury Condo Plan in Chicago
The developer that built the Waldorf Astoria hotel and condominium tower about a decade ago is dipping back into the market for ultra-luxe condos in...
18 December 2018
Chicago News Update: TOD Expands, Luxury Condos Come to Oakbrook, and a Hyde Park Project Tops Out.
Mayor Rahm Emanuel is looking to expand the City’s Transit Oriented Development (TOD) policy to more than 20 high-ridership bus routes along eight major corridors...
12 December 2018
BMO Harris Bank to Occupy New Chicago Union Station Tower
BMO Harris Bank will consolidate its Chicago offices in 2022 at a new 50-story tower next to Union Station, the bank announced on 10 December...
05 December 2018
New Images of the 272-meter NEMA Chicago Revealed
After quietly breaking ground nearly two years ago, the 893-foot (272-meter) apartment tower known as NEMA Chicago has grown to dominate downtown’s southern skyline. The...
30 November 2018
Salesforce to add 1,000 jobs in new Chicago riverfront skyscraper
Salesforce on Friday, November 30, 2018 will announce plans to anchor a new riverfront skyscraper and add at least 1,000 jobs to its Chicago workforce...
30 November 2018
Lower skyscrapers, wider parks in revised Lincoln Yards proposal
Developer Sterling Bay will present revised plans for its $5 billion-plus Lincoln Yards mixed-use development in a public meeting on Nov. 29, 2018. Shorter skyscrapers —...
29 March 2018
Developers Tweak Plans for Tallest Tower in Chicago’s Fulton Market
A pair of developers hoping to build the tallest tower in the Fulton Market District of Chicago have cut down their plan by eight floors...
23 March 2018
Apartment Tower is Ready to Rise in Chicago’s Hyde Park
A 26-story apartment tower is ready to break ground in Chicago’s Hyde Park neighborhood after receiving its first construction permit on March 19. The South...
There are no results for your search query. Please try a different variation.
Subscribe below to receive periodic updates from CTBUH on the latest Tall Building and Urban news and CTBUH initiatives, including our monthly newsletter. Fields with a red asterisk (*) next to them are required.
View our privacy policy