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Glenstar Bets $25M on Hospitality-Driven Repositioning of 200 S. Wacker Tower
February 6, 2026
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400 Lake Shore Completes Sixth and Final Tower Crane Jump in Streeterville
400 Lake Shore Completes Sixth and Final Tower Crane Jump in StreetervilleChicago's loftiest tower crane has reached its full height. The long saga of 400 Lake Shore's sixth and final tower crane jump has finally come to a safe conclusion.
Demo permit issued to make way for development at 900 W. Fulton
Demo permit issued to make way for development at 900 W. FultonA demolition permit has been issued for the existing structure at 906 W. Fulton to make way for the new mixed-use development at 900 W. Fulton. Planned by Midwest Property Group LTD, the project site is located at the northwest corner of the intersection of W. Fulton Market and N. Peoria St.
New Renderings Released for Optima Lumina in Wilmette
New Renderings Released for Optima Lumina in WilmetteAdditional renderings and a rough timeline have been revealed for Optima Lumina at 739 Green Bay Road in Wilmette.
Next Phase of The Trieuth Permitted in Lincoln Square
Next Phase of The Trieuth Permitted in Lincoln SquareA new construction permit issued by the City of Chicago on January 28 will allow the next phase of development for The Trieuth at Lincoln Square at 5029 North Lincoln Avenue in Lincoln Square.
Multifamily Rental Households Hit Record 22.4 Million in 2025
Multifamily Rental Households Hit Record 22.4 Million in 2025The multifamily rental market hit a new high in 2025, with households reaching a record 22.4 million after three consecutive years of steady growth. Despite historic levels of new supply, strong renter demand, and structural affordability challenges continued to drive household formation, underscoring the sector’s long-term resilience.
U.S. metros see tighter, more balanced multifamily rent growth
U.S. metros see tighter, more balanced multifamily rent growthIn Q3 2025, U.S. multifamily rent growth tightened and became more evenly distributed, with Northern New Jersey and Long Island leading at 3.7% and 3.3% growth, respectively
Lake Michigan Shores to Global Skylines: Andrew McCarthy of Freshwater Development Reinvents Luxury Living
Lake Michigan Shores to Global Skylines: Andrew McCarthy of Freshwater Development Reinvents Luxury LivingIn Traverse City’s burgeoning waterfront scene, Andrew McCarthy, Founder and CEO of Freshwater Development, is charting a new course for high‑end real estate.
City of Chicago Releases First Renderings for Logan Square Station Overhaul
City of Chicago Releases First Renderings for Logan Square Station OverhaulInitial renderings have been released for The Logan Square’s CTA Blue Line’s station at 2620 N Milwaukee Avenue upcoming extreme makeover.
 Aldi Expands US Presence with New Portage Park, Chicago Location
Aldi Expands US Presence with New Portage Park, Chicago LocationExcavation has commenced for a new Aldi grocery store, set to be located at 3930 N Kilpatrick Avenue in Portage Park, Chicago. Aldi Inc. is the owner of this retail project, which will feature a single-story structure spanning 21,000 square feet, occupying what was once an empty lot.