Retail Realities – Rebuilding economic resiliency as brick and mortar goes to pieces

For years the Oakland, California, suburb of Pittsburg followed a traditional playbook in its efforts to revitalize its downtown: It tried to lure retailers. First, it focused on trying to replace the JCPenney and Montgomery Ward department stores that closed. That didn't work out.
September 4, 2018

City-Owned Land Near Obama Library In Woodlawn Should Become Thriving Commercial District, Residents Say

As the planned completion date of the Obama Presidential Library looms closer, the city is trying to figure out what to do with the vacant land it owns near the library site.
August 31, 2018

Neighborhood Spotlight: Can North Lawndale’s future live up to its past?

In 1966, the Rev. Martin Luther King Jr. moved into an apartment on Hamlin Avenue to highlight the squalid conditions African Americans were living in all over the country.
August 28, 2018

In Chicago’s Woodlawn neighborhood, untapped economic opportunity

Becker Muzeau didn’t know much about the South Side when he moved to Chicago from Miami in 2001.
July 25, 2018

Developers unveil new, taller design for stalled retail project in Portage Park

The site of a long-dormant retail development at Portage Park’s Six Corners intersection is seeking a zoning change to grow into a 10-story, mixed-use complex topped by 265 units of upscale senior housing.
July 25, 2018

From Redlined To Recognized: The Revival Of Chicago’s ‘Black Metropolis’

Chicago's Bronzeville is the birthplace of Black History Month and one of America's most culturally significant black neighborhoods. During the Great Migration of the early 20th century, intrepid entrepreneurs, faced with restrictive real estate covenants and a lack of resources, created scores of groundbreaking businesses and entertainment options, earning Bronzeville the nickname "Black Metropolis."
June 13, 2018

What CRE Can Learn From The Boards At Amazon, Starbucks And Macy’s

NEW BRUNSWICK, NJ–JLL is part of a larger trend underway in corporate America: a push to have a more diverse board of directors. This trend is a variation of the Rooney Rule, which refers to a National Football League policy requiring league teams to interview ethnic-minority candidates for coaching and senior football operation jobs, and we’ve seen it at play recently at Amazon, Starbucks and Macy’s.
June 9, 2018

To survive the apocalypse, retailers must think of retail as a service

Adapting to consumer demands is the new focus of the retail supply chain, according to the D3 Retail Supply Chain Summit in New York.
June 9, 2018

Lyneir Richardson, ’90: Applying Entrepreneurial Thinking to Urban Neighborhoods

Not long after he arrived at the Law School, Lyneir Richardson, ’90, selected the library cubicle where he preferred to study. “It looked out across the parking lot to Woodlawn,” he recalled. “I was always very aware that there were two worlds there, Hyde Park on one side and Woodlawn on the other. And people perceived more value in one than in the other.”
April 24, 2018

Lake Effect Brewing unveils taproom plans for 112-year-old Jefferson Park firehouse

Neighbors mostly embraced a proposal Thursday night to transform a vacant 112-year-old firehouse into a brewery taproom with added upstairs apartments next to the Jefferson Park Transit Center. Developer Tim Pomaville asked to buy the property from the city, whose stewardship of the plot at 4841 N. Lipps Avenue dates back to 1874. Pomaville’s company, Ambrosia Homes, requested a zoning change from B3-2 to C1-3 in order to build an extra two floors atop the existing two-story building, sitting nine new apartments above the taproom.
April 8, 2018