71 results for “bear construction”
Office N Illinois

First look: The Post Office unpackaged

| Matt Baker

For over 20 years, it sat vacant and imposing, overlooking the westerly approach to Downtown Chicago. Now the Old Post Office is nearly ready to welcome its first office tenants to an adaptive reuse that has implications beyond the building’s footprint.

CRE N Illinois

Papa Bear would approve: Chicago Bears unveil Halas Hall expansion

Just in time for their 100th anniversary, The Chicago Bears unveiled the expansion and renovation at Halas Hall in Lake Forest, Illinois. This includes a 162,500-square-foot football operations addition to the already existing 143,000-square-foot facility and a 30,600-square-foot remodeling project on the northeast side of the building. HOK…

CRE N Illinois

Engineering a renaissance at Willis Tower

| Matt Baker

For close to two years, Chicago’s iconic Willis Tower has been undergoing a $500 million overhaul, including new elevators, lighting and amenities. But the most evident update is the transformation of the building’s base, tearing out the fortified battlement at street level and replacing it with a modern and airy superstructure.

CRE N Illinois

First phase of Bears' Halas Hall modernization completed

Mortenson recently completed the first phase of the partial demolition, expansion and renovation of Halas Hall, the iconic Lake Forest, Illinois headquarters of the Chicago Bears. The first phase, turned over on April 1, focused on football operations and included demolition of part of the original facility and building a 165,000-square-foo…

Office N Illinois

Chicago cruise lines open downtown headquarters

Two local cruise lines—Chicago’s First Lady Cruises and Mercury, Chicago’s Skyline Cruiseline—have opened their new corporate headquarters in downtown Chicago on the 15th floor of 303 E. Wacker Drive. The new headquarters is steps away from the cruise lines’ docking area on the city’s vibrant Riverwalk and a convenient walk from Chicago’s F…

CRE N Illinois

What’s really included in a tenant improvement allowance?

| Ashlee Pforr

Companies planning to move their offices have plenty of factors to consider, including whether to move into a new building or renovate a space in an older building. In either scenario, building owners offer tenant improvement (TI) allowances to help with the cost of making the space your own.

Finance N Illinois

Navigating the changing tides of CRE financing

| Daniel Barrins

In today’s world of commercial real estate finance, there is a vast ocean of cash available to fill a capital stack. The financing world has evolved in the post-recession years with alternative lenders emerging to fill the void left by bank consolidation, a decline in worldwide commercial mortgage backed securities (CMBS) issuance and a gen…

CRE N Illinois

Mortenson completes enclosure of Chicago Bears' Halas Hall addition

Mortenson has completed the enclosure of the major new addition to Halas Hall, putting it on track to complete the expansion and renovation of the home of the Chicago Bears before the start of the 2019-2020 NFL season. The modernization, including the 162,500-square-foot addition that more than doubles the size of the Bears’ headquarters, w…

CRE N Illinois

North Wells Capital names Tony Lindsay principal of asset management

Chicago-based North Wells Capital, the investment management affiliate of Urban Innovations Ltd., announced that Tony Lindsay has been named principal of asset management. Previously, Lindsay served as vice president of construction for Urban Innovations. In this new role, Lindsay oversees the execution of the investment strategy for North …