Wingspan Development News Today

A year before West Dundee officials bought a shuttered Sears, a developer wanted the building for an indoor paintball park. The developer was close to inking a deal with Sears when town officials lear...

Part of Pabst Farms in Oconomowoc could be redeveloped with apartments, retail and office space, restaurants and a 320,000 square foot innovation hub.

For the next couple of years, suburban Chicago multifamily development will be a tale of the haves and have-nots -- developers who have access to capital versus those who do not.

A two-story upscale restaurant called The Prospect is set to open fall 2023 at 20West, a 71-unit luxury apartment community at 20 W. Northwest Hwy. in downtown Mount Prospect. Big Fish Hospitality announced April 26 it will open an upscale restaurant called “The Prospect” at 20West, which is a new luxury apartment building at 20

The historic building that formerly housed Busses Flowers and Gifts will be coming down and replaced with a retail and commercial structure, said developer/builder Nick Papanicholas, Jr.

The onetime location of an iconic Mount Prospect business is home to a new business. Gold + Oak, which specializes in "exclusive lifestyle goods" curated from talented artisans across the globe, held its grand opening Thursday at 100 E. Northwest Hwy.

Delinquent rent in Chicago could now exceed $1B, according to a survey released last week by the Neighborhood Building Owners Alliance, a group of small and midsized Chicago landlords. The high level of delinquency brought about by the coronavirus pandemic is leading to neighborhood disinvestment. With their revenue plunging to historic lows, 65% of landlords surveyed said they expect to make fewer capital improvements. In addition, nearly half expect to cut down on repairs and maintenance. �...