Office N Illinois Chicago's office market sees diverging Class A and B trends The dynamics of downtown Chicago’s Class A and Class B office assets exhibited wholly different tracks through the first three quarters of 2019. Are there reasons to worry in the divergent trends?
Hospitality N Illinois Convexity Properties proposes new hotel in Chicago's Loop Convexity Properties has proposed building a 13-story, 307-key hotel at 180 W. Randolph Street, which currently contains a non-operational surface parking lot. According to an email from 42nd Ward Alderman Brendan Reilly to his constituents, the select-service hotel would include a lobby and small hotel bar on the ground floor, as well as m…
Office N Illinois BMO Tower coming to site adjacent to Chicago's Union Station BMO Harris Bank has confirmed that it will anchor the new 50-story office tower planned for the parcel just to the south of Union Station. Developed by Riverside Investment & Development and Convexity Properties, in partnership with the bank, the project will bring approximately 3,600 BMO employees to 14 floors of the 700-foot building, whi…
Office N Illinois Retooled Union Station redevelopment revealed Plans to add seven stories of rental units atop Chicago’s storied Union Station have been scaled back, as the team behind the controversial redevelopment unveiled a new design Tuesday night. In response to community feedback, the new proposal calls for a single-story addition not visible from the street, as well as a new, 50-story tower on …
CRE N Illinois CRE Future Leaders: Christine Kolb As part of our series, CRE Future Leaders, we caught up with Christine Kolb associate vice president, development at Focus. Kolb joined Focus in 2013. Her first project was to manage development and design of a 239-unit, class-A luxury apartment project in Glenview, Illinois. She also represents Focus as a member of the Chicago Metropolitan…
Multifamily Midwest Leopardo completes new 24-story condo tower, 4 East Elm, in Chicago's Gold Coast neighborhood The development was the first new condominium high-rise to begin construction on Chicago’s North Side in five years and the first in the Gold Coast since 2007 when it broke ground in 2014.
Multifamily Midwest Seneca Condo selected as managing agent for 4 East Elm in Chicago Chicago-based Convexity Properties has awarded SenecaCondo, a division of Seneca Real Estate Group, the contract to act as managing agent for 4 East Elm in Chicago.
CRE Midwest Convexity Properties breaks ground on Gold Coast's first new condo high-rise in seven years Chicago-based Convexity Properties has broke ground for 4 East Elm, the first new condominium high-rise to begin construction on Chicago’s North Side in five years and the first in the Gold Coast since 2007.