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Transwestern Development wants to buy Medinah subdivision's homes - Vimarsana News

Transwestern Development wants to buy Medinah subdivision's homes

A developer wants to buy the homes and demolish them for an industrial park, the Daily Herald reports.

'Some things can't be bought': Medinah residents fight developer's bid for 150-home subdivision - Vimarsana News

'Some things can't be bought': Medinah residents fight developer's bid for 150-home subdivision

An industrial developer bought Christine Bending's house, razed the neighborhood and put a warehouse in its place. Bending had just settled into her new home in a quiet corner of Medinah when the same developer offered to buy her out again, this time for $1 million. She isn't budging. She's one of the Medinah residents mounting a fight against the proposal to purchase nearly 150 homes to make way for new industrial buildings in a sizzling O'Hare market.

A Post-Pandemic Boom in Mixed-Use Projects Is Underway - Vimarsana News

A Post-Pandemic Boom in Mixed-Use Projects Is Underway

Positive property fundamentals at mixed-use developments are attracting investors of all types

New Hotel Residence: AKA West Palm from Electra America Hospitality Group - Vimarsana News

New Hotel Residence: AKA West Palm from Electra America Hospitality Group

Electra America Hospitality Group (EAHG), a joint venture between Electra America and AKA, has acquired a brand new property in downtown West Palm Beach that will be transformed into an upscale, hotel residence catering to the city's rapidly growing corporate and leisure travel community.

Why Industrial Development Costs Have Continued to Spike - Vimarsana News

Why Industrial Development Costs Have Continued to Spike

The cost of building materials spike by 40 percent last year, according to Prologis. That might remain a pattern for a while