A West Loop apartment tower has been sold for $151 million, marking a significant transaction in Chicago’s real estate market, as reported by Crain’s Chicago Business. The deal highlights growing investor interest in the area.
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A prominent law firm has expanded its Wacker Drive office, increasing workspace to accommodate growth. The move underscores rising demand for prime downtown Chicago legal real estate, signaling confidence in the local market.
The Supreme Court blocked former President Trump’s attempt to deploy the National Guard in Chicago, ruling against his effort to send federal troops to address city crime, marking a significant legal setback.
Mayor Brandon Johnson faces mounting opposition from Chicago business leaders over his proposed corporate head tax. Critics warn the measure could hinder economic growth and job creation in the city.
Thomas Kerwin of bKL Architecture has been recognized in Crain’s Who’s Who in Chicago Business 2026. This honor highlights his influential role in shaping Chicago’s architectural landscape.
Chicago aims to close 2025 with its lowest violent crime rate in a decade, signaling progress in public safety efforts, Crain’s Chicago Business reports. Officials highlight ongoing strategies to sustain this downward trend.
Despite a notable decline in violent crime, a new poll reveals that Chicago residents’ perceptions of safety lag behind the data, highlighting a persistent disconnect between reality and public sentiment.
The U.S. government shutdown has halted pay for Chicago’s federal workers, disrupting daily operations and causing financial strain. Essential services continue, but many face uncertainty as furloughs loom.
Old Town faces a pivotal moment to balance preservation and progress. Thoughtful development can honor its historic charm while meeting future needs, ensuring the neighborhood remains vibrant and livable.
Crain’s Chicago Business unveils “Who’s Who,” a definitive list spotlighting the most influential figures shaping the Chicago area’s business, culture, and community sectors. Discover the leaders driving local impact.
A major legal firm is consolidating its Chicago operations at BMO Tower, streamlining its office presence. The move aims to enhance collaboration and efficiency in the city’s dynamic business hub.
Chicago’s key civic leaders face urgent pressure to boost Latino representation in city government. Advocates argue timely action is crucial to reflect the community’s growing influence and ensure equitable decision-making.
A sustainable real estate investor has made its first acquisition of industrial properties in the Chicago area, marking a strategic move to expand eco-friendly assets in the region’s growing market.
Morgan Stanley plans to expand its Chicago presence, aiming to double its local workforce. The move signals confidence in the city’s talent pool and strengthens the firm’s Midwest footprint, Crain’s Chicago Business reports.
West Chicago announces new business developments aimed at boosting local economy. Recent investments include retail expansions and tech startups, highlighting the city’s commitment to growth and continued prosperity.
Three MBA programs-University of Chicago Booth, Northwestern Kellogg, and DePaul’s Kellstadt-dominate Chicago’s business leadership scene, consistently producing top executives and shaping the city’s corporate landscape, Crain’s Chicago Business reports.
Former Fruit of the Loom CEO sells East Lake Shore Drive co-op at a significant discount, reports Crain’s Chicago Business. The high-profile property moved below market value amid shifting luxury real estate trends.
USG is downsizing its downtown Chicago office space in its latest lease renewal, reflecting a strategic shift toward a smaller footprint amid evolving work trends, Crain’s Chicago Business reports.
Nursing schools across the U.S. are raising concerns as new federal restrictions on student loan access threaten enrollment and workforce growth, potentially worsening the national nursing shortage, reports Crain’s Chicago Business.
Winston & Strawn’s new Chicago office, highlighted in Crain’s Chicago Business, showcases modern design and expanded space, underscoring the firm’s growth and commitment to the city’s legal market.