Chicago

77 Playgrounds to be Built, Refurbished through Mayor Emanuel’s Chicago Plays! Program in 2015

Mayor Rahm Emanuel, together with city officials and the Chicago Park District has announced that 77 playgrounds will be built or refurbished in parks across the city in 2015 through the City’s Chicago Plays! program.

Inland Real Estate to Redevelop, Expand Joliet Commons Shopping Center

Inland Real Estate Corp. recently announced plans to redevelop the Joliet Commons power shopping center in Joliet, Ill., and add both a DICK’s Sporting Goods store and a DSW Designer Shoe Warehouse store at the location.

I-88 Gateway Logistics Center Opens

Midwest Warehouse & Distribution System Inc. has signed a long-term lease agreement at the I-88 Gateway Logistics Center outside Chicago.

Hyatt Centric The Loop Chicago Heads for April Debut

Hyatt Hotels Corp. recently announced that the first two hotels under the new Hyatt Centric brand will open April 2015 in Chicago and Miami.

Colliers International Tapped by RPAI to Market Zurich Towers Office Complex in Schaumburg

Oak Brook, IL-based Retail Properties of America, Inc. (RPAI) has chosen Colliers International to market the iconic ‘Zurich Towers’ office complex in suburban Chicago.

HFF Lines Up $220M in Financing for New Google Midwest HQ

Working on behalf of Chicago-based developer Sterling Bay Cos., HFF has recently secured $220 million in financing for 1KFulton, a 550,000-square-foot mixed-use development to be anchored by Google, Inc. in Chicago’s West Loop.

Amtrak to Begin $12M Rehabilitation of Chicago’s Iconic Union Station

Mayor Rahm Emanuel recently announced that Amtrak plans to invest $12 million into much-needed rehabilitation work at Chicago’s Union Station.

ClubCorp Expands in Chicago with Rolling Green Country Club

Dallas, Texas-based ClubCorp, an owner and operator of private golf and country clubs has recently acquired the Rolling Green Country Club in Arlington Heights, Illinois.

JLL Income Property Trust Pays $16M for Chicago Parking Garage

Jones Lang LaSalle Income Property Trust, Inc. has recently completed the purchase of Ohio Ontario Self Park, a 336-stall parking garage in Chicago’s River North area.

First Ever Virgin Hotel Opens in Chicago

The first property to be part of Sir Richard Branson’s new Virgin Hotels brand opened its doors in Chicago, marking a significant milestone in the history of the Virgin Group.