Chicago

CEDARst is working to convert the former 400,000 square foot office building into 342 amenity rich residential units.

“This development not only adds high-end, new rental units in a neighborhood that has extremely high demand and very low supply, but it also adds appealing new retail tenant that serve the area,” says Jim Darrow, principal with Essex Realty Group.

“Hyatt's departure presented a once-in-a-generation opportunity to diversify our customer community and welcome a modern array of companies across industries and sectors,” says Greg Tait, senior leasing director for Irvine Company Office Properties' Chicago portfolio.

“Westmount is bullish on the Midwest industrial market,” says Clifford Booth, president and CEO of Westmount. “We're actively seeking value-add and opportunistic investments in select markets across the US.”

Venture One is upgrading the facility with an overhaul of the office space, and new HVAC units, a new roof and repaved parking lot.

The new dual-branded Hilton Garden Inn/Homewood Suites by Hilton Chicago Downtown South Loop hotel began construction in 2016 is slated to be completed this spring—mid-March-mid-April.

Glinn, based in Chicago, is spearheading efforts to expand the company's construction projects at US airports, including work directly for the airports, with air carriers, and with specialty aviation contractors.

"Patient, flexible, risk-tolerant capital can fill a gap in the financing marketplace, help revitalize neighborhoods, and create opportunities for individuals and families to improve their lives,” says Benefit Chicago executive director Dr. William W. Towns.