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The company states that it signed a 10-year lease for its new headquarters space at the 2.5-million-square-foot complex and will invest more than $200 million annually in the region through headcount, real estate investment and other expenses
The Southern Park Mall, which is adjacent to DeBartolo Commons, is also undergoing some improvements that will include a new entertainment hub that will feature a 37,000-square-foot indoor golf entertainment center, additional entertainment uses and new food and beverage offerings.
Janus joins Colliers from Caddis Healthcare Real Estate, where he served as managing director and was responsible for new business development and executive leadership of healthcare real estate projects throughout the Midwest.
The firm, the student housing investment and development division of Chicago-based CA Ventures, will open the student housing communities that total more than 3,000 beds in Florida, Indiana, Illinois, Iowa, Ohio and Pennsylvania.
The mayor in her address outlined her administration's efforts to identify more than $100 million in savings and efficiencies over the first 100 days and the work that remains to balance next year's budget.
"We applied our proven value add capital program in full force to reintroduce River North Park to the Chicago market," says Lela Cirjakovic, executive vice president of operations at Waterton.
The Department of Central Management Services has issued a request for proposals for an array of project management and technical expertise to generate the best value from the sale of the property at 100 W. Randolph St. for the State of Illinois.
Following the CDI process, CTA will develop a request for proposals from potential developers, reflecting the outcomes of the planning process, including community desires and feasible concepts.