Global News
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
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
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
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
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...
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...
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...
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
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
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
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
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...
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...
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...
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