At Metra stop, fresh foods to spice up ride 05.13-14.06 - Starting next year, Metra commuters who pass through Ogilvie Transportation Center will be able to buy everything from fresh baked goods to produce at a French-style market that is one of two anchor tenants in the long-awaited MetraMarket project. >Download complete article First Two Leases signed at MetraMarket — French Market and CVS on board 05.16.06 – The Bensidoun family, developer and manager of French-style markets in the Paris region and the United States, has signed a 15,000-square-foot lease to anchor MetraMarket, U.S. Equities Realty’s new transit-oriented West Loop retail and restaurant development focusing on food and food-related specialties. CVS, America’s largest retail pharmacy, is also on board with a signed lease for 14,000 square feet. >Download the complete article Project May Give Buyers a Taste for West Loop 03.20.05 - Chicago, food is never far from the center of conversation. Cocktail party talk will often turn to the latest find in neighborhood restaurants - that is, if you can get people to stop bragging about how much more their homes have gone up in value. >Download complete article

Chicago’s MetraMarket Signs Major Leases 05.16.06 - U.S. Equities Realty has recently signed two significant leases for MetraMarket, its new transit-oriented West Loop retail and restaurant development. Located adjacent to Metra’s Ogilvie Transportation Center (formerly known as Northwestern Station) — between Washington, Lake, Canal and Clinton — MetraMarket will transform two underutilized city blocks into an exciting and bustling destination for commuters and area office workers and residents. >Download complete article Add Restaurants to the Stew that Attracts Buyers to Neighborhoods 03.20.05 - Theresa Miller has been a “foodie” all her life. Growing up in Mexico City, her family had a ritual of trying new restaurants every weekend. Today, she works for a food manufacturing trade association in Chicago and a big part of her and her husband's social life revolves around dining out with friends. When it came time for the Millers to buy their first home, they considered nearby restaurants when evaluating potential locations. >Download complete article Metra’s $40 million food market plan 03.13.06 - Metra’s Ogilvie train station is set to harbor Chicago’s only year-round fresh market and a dozen or more eateries and shops in the path of thousands of daily suburban commuters. In all, the plan calls for 12 street-level retailers, eight restaurants and a grocery store-sized fresh food market run by a French company famous for operating markets crammed with vendors on the other side of the Atlantic Ocean. >Download complete article

 

Loop retail market expected to stay strong 01.29.07 - The Loop retail real estate market continues to heat up, with vacancies falling and rents rising as Millennium Park draws tourists, shoppers and more residential development to the Loop. >Download complete article Loop lights up with a retail wick 08.20.06 - Rebounding from decades of decline, the Loop has dusted itself off and is undergoing a renaissance as a magnet for tourists, shoppers and other spenders — and taxpayers — drawn to stores, theaters, restaurants. >Download complete article   Education Department Settles Into 10-Year Office 03.20.07 - The US Department of Education has settled into 92,902 sf or two full floors of Citigroup Center. The Region V office is locked into a 10-year term. Juggling opens up 550 W. Washington for CME. >Download complete article Juggling opens up 550 W. Washington for CME 08.11.06 - In a bit of fancy footwork, Trizec Properties Inc. is moving a key tenant from 550 W. Washington St. to another Trizec building to make way for Chicago Mercantile Exchange Inc., which, as expected, said Friday that it is opening an administrative office center in the 16-story building on the edge of West Loop. >Download complete article 300 N. LaSalle Plans Get Green Light 10.21.05 - While the proposed 745-foot height of the building raised some eyebrows, Hines Interests LP’s plan for a 57-story, 1.3-million-sf office tower at 300 N. LaSalle St. got a green light Thursday. The plan commission endorsed the $400-million project, as well as a zoning change that will allow the Houston-based developer to build an office tower 62% larger than allowed under existing zoning. >Download complete article Finding partners in high places – Law firm, real estate company to share a new building 10.13.05 - Jenner & Block LLC has agreed in principle to co-anchor a River North skyscraper that would be developed by Mesirow Financial’s real estate unit, as law firm expansion continues to help drive the downtown office building boom. >Download complete article Hines Ponders Selling 1 South Dearborn Tower 10.12.05 - Two months before the completion of 1 S. Dearborn St., developer Hines Interests LP is considering a sale or major refinancing of the 40-story tower, anchored by law firm Sidley Austin Brown & Wood LLP. >Download complete article Powerhouse Nears Awakening After 30-Year Slumber 10.07.05 - Value-added specialist Structured Development LLC not only has found a new challenge, but a new home as well. The firm that has developed Lincoln Park Center and redeveloped the former marchFirst headquarters into the Fulton West office building has staked out the top floor for itself at 211 N. Clinton St, the former Chicago & North Western Railway powerhouse just north of Metra’s Richard Ogilvie Transportation Center. >Download complete article Boeing buys headquarters tower from pension fund. Security control may be driver of $200 million deal 08.03.05 - Boeing Co. has a deal to buy its riverfront headquarters four years after the aerospace giant moved here from Seattle following an unforgettable competition among three cities that was part beauty contest, part bidding war. >Download complete article Chicago Transit Authority Headquarters: Cost: $95 million 06.01.05 - The CTA departed the Merchandise Mart, where it had been located for decades, for the Lake Street location in hopes of realizing cost savings. The new location is projected to reduce the agency’s annual operating expenses over a lease alternative. >Download complete article Office Developers Stake Claims on West Loop 03.16.05 - It’s the nature of office developers to dream and scheme. Even when the market isn’t clamoring for new projects, they plan them anyway in hopes of grabbing a trophy tenant, then using that solid gold lease to catch a buyer for the just completed building. The buyer wants a developer return and the developer profits from having assumed the building’s initial risk. >Download complete article

Sex and the ceviche; Carnivale comes to town with Kleiner style, Latin flair and a side of rockin’ guac 09.29.05 - The space, last occupied by Drink nightclub, rambles with nooks of private dining areas and lounges. As you enter the front bar, the views of the expressway prove to be more hypnotic than grimy; belt back a drink as you watch those poor suckers stuck in their cars. A glass-enclosed lounge behind the bar — with tufted, eggnog-colored banquettes hugging the back corner — will no doubt be the draw for the single set to sip martinis and mingle. >Download complete article The New West Side story; Something’s coming, something good – a growing home furnishings and art scene nestled amid the trucks and food-market chaos of Fulton Market 03.13.05 - The development of the larger West Loop neighborhood that Fulton transects like an exclamation mark has been simmering for a decade or so. But a lot of it has been under the radar, according to Barbara Gazdik, owner of Mars Gallery, which has been on Fulton Street the longest, 17 years. >Download complete article   Fifield, Partner Eye $400M in Multifamily Builds 04.17.07 – Fifield Cos., based here, is forming a joint venture with Pacific Life Insurance Co., headquartered in Newport Beach, CA, to develop and finance apartment communities. The joint venture plans to develop up to $400 million in projects during the next two years.Developer planning 2nd apartment tower downtown. >Download complete article 03.24.07 - As it gets ready to break ground on a 389-apartment high-rise in the Loop, Jupiter Realty Corp. is drawing up plans for another tower just five blocks to the west that would include as much as 150,000 square feet of office space and 300 to 400 apartments. >Download complete article 6-tower project planned $750 million residential complex set for area that housed Kinzie Station 02.01.07 - A Chicago-based developer intends to build a $750 million residential project near downtown that it said will have enough scope and variety to be a new neighborhood. >Download complete article Fifield Wraps 37-Story Apartment Tower 06.14.06 - The Fifield Cos. is wrapping up construction of the Residences at Left Bank, a 37-story luxury apartment building at 300 N. Canal St. The tower, located in the Kinzie Station/Fulton River District, includes 451 apartments in 18 floor plans, including six penthouses. The building will offer studio, one-, two- and three-bedroom layouts with one to three baths. > Download complete article Rental Tower Beefs Up as Start Nears 04.24.06 — A long-awaited multifamily rental building planned for the corner of Des Plaines and Kinzie streets will be slimmer, taller and have 35 more units than originally expected. Revised plans by Fifield Cos., calling for a 350-unit, 39-story building at the southeast corner, were endorsed Friday by the plan commission. > Download complete article Blue Cross Blue Shield nears deal for space in nearby tower 11.23.05 - Apartments planned: Developer Steven Fifield, who already is proposing a 432-unit rental tower on the southeast corner of Halsted and Kinzie Streets, is working up long-range plans for a 375-unit apartment building for an adjacent site a half-block south. >Download complete article Two-tower plan gets new push in West Loop 06.22.05 - Developer Michael Reschke is dusting off plans for two residential towers on the west bank of the Chicago River between Lake and Randolph. He owns the right to build over the commuter rail tracks that run through the property, and he’s tried sporadically over the years to build on the site or sell his interest. >Download complete article   Lot of green OKd for spot of green in the West Loop 07.14.05 - Residents in the booming West Loop area are one step closer to something they have always wanted - a new park. >Download complete article

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