March 2015

There are 4 blog entries for March 2015.

River North Real Estate

More possible large-scale development could be coming to River North, and this time it involves both commercial and residential real estate. First brought to our attention by our friends from Curbed Chicago, the new plan, which involves an 8-story office building and a 22-story residential tower, will be presented later this month during a public meeting by its would-be developers, Centrum Partners.

If approved, the new project would take the place of a parking lot that currently occupies 215 W. Hubbard, but unlike many new developments going on around downtown Chicago, this one poses some unique challenges.

If you refer to the renderings, you’ll see that elevated L tracks curve directly through the northwest corner of the lot, and as a result, the

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Although the dyeing of the Chicago River green and many of downtown’s annual St. Patrick’s Day festivities took place this past weekend, there's still plenty of celebrating left to do in case you happened to miss out. Here's a list of St. Patrick's Day related events happening all throughout March 17th, or better known as St Patrick's Day 2015!

St. Patrick’s Day Celebration at Irish American Heritage Center

Taking place from 12 noon all the way up until 10 PM,  there’s no better way to experience authentic St. Patrick’s Day celebration than to make your way over to the Irish-American Heritage Center for their annual St. Patrick’s Day celebration. Life music, Irish dancers, and colorful face-painting make this event fun for the whole family.

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The Loop’s last original station house at Washington & Wabash, which first opened all the way back on November 8, 1896, is finally set to close in order to make way for the new Loop Superstation that was first announced in 2013.

According to DNAinfo’s original report, the new station will be expected to serve nearly 13,400 daily entries when completed, making it the 5th busiest CTA station in all of Chicago during the week. The new modern design of the Washington-Wabash station is a pretty sharp contrast to the current station, which has long been outdated to say the least.

The current century-old station, although charming, can simply no longer handle the needs of today’s public transit, and continuing to improve the city’s infrastructure, especially

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Chicago’s 110-story Willis Tower is up for sale and despite early reports saying the purchase price could exceed $1.5 billion, the Chicago Tribune now claims there might already be a buyer.  

The current owners—New York investors Joseph Chetrit and Joseph Moinian and Skokie-based American Landmark Properties—most recently tried to sell the 4.6 million square foot building back in 2011, but failed to get the offer they were seeking, most likely because it was just too early in the overall economic recovery.

Since then however, the marketplace has drastically improved, the demand for commercial property in Chicago has skyrocketed, and new high-profile leases at Willis Tower all combine to make the country’s second tallest skyscraper a unique and

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