{"id":1004051697,"date":"2012-07-05T08:00:01","date_gmt":"2012-07-05T16:00:01","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=55572"},"modified":"2020-04-13T11:08:16","modified_gmt":"2020-04-13T19:08:16","slug":"windfall-group-plans-new-commercial-building-in-chicagos-chinatown-new-restaurant-announced-for-hard-rock-hotel-chicago","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/windfall-group-plans-new-commercial-building-in-chicagos-chinatown-new-restaurant-announced-for-hard-rock-hotel-chicago\/","title":{"rendered":"Windfall Group Plans New Commercial Building in Chicago\u2019s Chinatown; New Restaurant Announced for Hard Rock Hotel Chicago"},"content":{"rendered":"<p>By Gabriel Circiog, Associate Editor<\/p>\n<p>Windfall Group USA is under contract to acquire one of the most coveted pieces of property in Chicago\u2019s Chinatown and plans to build a 100,000-square-foot commercial building, <em>Crain\u2019s Cleveland Business<\/em> reports. <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Windfall-Group-USA.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-55573\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Windfall-Group-USA.jpg\" alt=\"\" width=\"300\" height=\"177\" \/><\/a><\/p>\n<p>The Cleveland-based developer plans to construct the six-story commercial building on the southwest corner of Archer Street and Wentworth Avenue. President of Windfall Group USA, Eddie Ni, said he is under contract to buy the property for $5 million and is currently negotiating with lenders to arrange financing for the construction of the $18 million building.<\/p>\n<p>According to the plans presented by Mr. Ni, the development would feature a supermarket and a food court on the ground floor and between 200 and 1,500 square feet of retail condominiums on the second and third floors. The development could also feature a new Chicago Public Library branch, which would occupy the fourth and part of the fifth floor. The top level would be filled out with offices.<\/p>\n<p>Chicago residents and visitors can also look forward to a new dining venue, as <em>Chicagorealestatedaily.com<\/em> reports that a Chuck\u2019s Manufacturing will open in August on the ground floor of the Hard Rock Hotel Chicago on 230 North Michigan Ave. The new restaurant will replace the China Grill that closed in January after the owner of the hotel, Grosse Pointe-based Becker Ventures LLC, bought out the lease.<\/p>\n<p>Becker Ventures will own and operate Chuck\u2019s Manufacturing, and Executive Vice President Carrie Meghie said the name honors the automotive-industry background of her father, Charles \u201cChuck\u201d Becker.<\/p>\n<p><em>Rendering Courtesy of: windfallusa.com<\/em><\/p>\n<p>For more market data on Chicago, please <a href=\"https:\/\/www.multihousingnews.com\/news\/midwest\/market-snapshot-multifamily-transaction-volume-in-chicago-concentrated-in-20m-assets\/1004046029.html\" target=\"_blank\" rel=\"nofollow\"><strong>click here<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Gabriel Circiog, Associate Editor Windfall Group USA is under contract to acquire one of the most coveted pieces of property in Chicago&rsquo;s Chinatown and plans to build a 100,000-square-foot commercial building, Crain&rsquo;s Cleveland Business reports. The Cleveland-based developer plans to construct the six-story commercial building on the southwest corner of Archer Street and Wentworth [&#8230;]<\/p>\n","protected":false},"author":1269,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21742],"tags":[1815],"class_list":["post-1004051697","post","type-post","status-publish","format-standard","hentry","category-chicago","category-latest","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Windfall Group Plans New Commercial Building in Chicago\u2019s Chinatown; New Restaurant Announced for Hard Rock Hotel Chicago - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/windfall-group-plans-new-commercial-building-in-chicagos-chinatown-new-restaurant-announced-for-hard-rock-hotel-chicago\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Windfall Group Plans New Commercial Building in Chicago\u2019s Chinatown; New Restaurant Announced for Hard Rock Hotel Chicago\" \/>\n<meta property=\"og:description\" content=\"By Gabriel Circiog, Associate Editor Windfall Group USA is under contract to acquire one of the most coveted pieces of property in Chicago&rsquo;s Chinatown and plans to build a 100,000-square-foot commercial building, Crain&rsquo;s Cleveland Business reports. The Cleveland-based developer plans to construct the six-story commercial building on the southwest corner of Archer Street and Wentworth [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/windfall-group-plans-new-commercial-building-in-chicagos-chinatown-new-restaurant-announced-for-hard-rock-hotel-chicago\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-07-05T16:00:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-13T19:08:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Windfall-Group-USA.jpg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/windfall-group-plans-new-commercial-building-in-chicagos-chinatown-new-restaurant-announced-for-hard-rock-hotel-chicago\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/windfall-group-plans-new-commercial-building-in-chicagos-chinatown-new-restaurant-announced-for-hard-rock-hotel-chicago\/\",\"name\":\"Windfall Group Plans New Commercial Building in Chicago\u2019s Chinatown; 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The Cleveland-based developer plans to construct the six-story commercial building on the southwest corner of Archer Street and Wentworth [...]","og_url":"https:\/\/www.commercialsearch.com\/news\/windfall-group-plans-new-commercial-building-in-chicagos-chinatown-new-restaurant-announced-for-hard-rock-hotel-chicago\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2012-07-05T16:00:01+00:00","article_modified_time":"2020-04-13T19:08:16+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Windfall-Group-USA.jpg","type":"","width":"","height":""}],"author":"the Editors of Commercial Property Executive","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/windfall-group-plans-new-commercial-building-in-chicagos-chinatown-new-restaurant-announced-for-hard-rock-hotel-chicago\/","url":"https:\/\/www.commercialsearch.com\/news\/windfall-group-plans-new-commercial-building-in-chicagos-chinatown-new-restaurant-announced-for-hard-rock-hotel-chicago\/","name":"Windfall Group Plans New Commercial Building in Chicago\u2019s Chinatown; 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