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

Target plans more small-format stores in NYC, Chicago

arget has chosen three New York neighborhoods — the Upper East Side, Staten Island and Astoria, Queens — as home to three new small-format stores, the company announced Tuesday in press materials emailed to Retail Dive. Target also announced the opening of another small-format store in Chicago's Wicker Park neighborhood, slated to open this summer.
April 8, 2018

Small-format’ Target to open at former site of Logan Square Discount Mega Mall

Target plans to open another of its smaller stores in the Logan Square neighborhood, just a little more than a mile and a half from an existing store in Avondale. The new 27,400-square-foot store, expected to open in 2020 at the former site of the Discount Mega Mall on the southwest corner of Sacramento and Milwaukee avenues, will be Target’s 10th “small-format” store in the Chicago area, the retailer said in a news release. Two others, both in Lakeview, are even closer neighbors at 1.2 miles apart.
April 4, 2018

Hot spots to buy: Bronzeville and Forest Park

A south side neighborhood rich in African-American history that is experiencing a booming revival and a near-west suburb with a lively, funky downtown strip and home prices that are affordable (but rising fast) are this week's stops on Crain's ongoing tour of great places homebuyers should check out.
March 2, 2018