Chicago

SCHAUMBURG, IL-Nearly 50,000 sf of space is claimed in new lease deals, but they involve companies staying put or moving from one northwest suburb to another, keeping submarket vacancy well above 20%.

CHICAGO-A 69-story building would replace a parking lot at 111 W. Wacker Dr. with 320,000 sf of office space and 240 condominiums. The corner of Wacker and Clark Street has been undeveloped for more than 30 years.

CHICAGO-Add the south suburb to a list that already includes Rockford and Waukegan seeking to lure the riverboat casino some still believe is headed to northwest suburban Rosemont despite the Illinois Gaming Board's taking back the 10th license from Emerald Casino, Inc.

CHICAGO-No homeowners would be displaced, nor additional parcels acquired under a tax increment financing proposal for an area between the 4100 blocks of Drexel Boulevard and Cottage Grove Avenue.

CHICAGO-The Morgan Park and Austin neighborhoods on the city's far South and West Sides are getting two-story, 43,000-sf police stations to replace outdated facilities. Their arrival also is expected to spur new retail development, especially in Austin.

CHICAGO-The owner of the 11-story building at 664 N. Michigan Ave. already is talking with city officials about fixing a deteriorating fagade on the upper floors of 664 N. Michigan Ave.

CHICAGO-Developers of a proposed 24-unit building at Madison Street and Homan Avenue line up $1.6 million in no-interest, 32-year mortgage financing in addition to historic rehab and low-interest housing tax credits.

CHICAGO-The plan commission punches CMC Heartland Partners III, LLC's ticket for a 1,694-unit residential development with more than 50,000 sf of retail space, including a Jewel food store to serve a booming neighborhood northwest of the Loop and commuter rail terminals.