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CHICAGO-German commercial real estate company Kan Am is in talkswith Arlington, VA-based Mills Corp. to join the shopping centerowner and developer as a 50% partner in the 108 N. State St.project. Mills Corp.'s Block 37, LLC received a favorablerecommendation from the plan commission Thursday for the$336-million-plus Downtown project, and continues to assuage fearsfinancing could doom yet another proposal for the long-undeveloped2.7-acre site.

The community development commission last month endorsed a$12.3-million sale of the city-owned site bounded by State,Washington, Dearborn and Randolph streets, one-third its mostrecent appraised value, and approved Mills Corp. as masterdeveloper of a project that will include office space, multifamilyunits and hotel rooms. A $172-million Chicago Transit Authoritysubway station, providing express service to O'Hare Internationaland Midway airports, is a separate component of the project.