CRE N Illinois
Mortenson completes enclosure of Chicago Bears' Halas Hall addition

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, will deliver an expansive, state-of-the-art training center for players, coaches and the entire football operation.

CRE Midwest
The Habitat Company hosts national day of service

The Habitat Company hosts national day of service

Chicago-based multifamily developer and property manager, The Habitat Company, hosted its first annual day of service on Friday, Oct. 18. The firm coordinated its efforts with Feeding America member food banks, allowing Habitat team members to participate nationwide by volunteering in five cities where Habitat has operations.

CRE N Illinois
The 35,000-square-foot, 94-year-old Washington Park National Bank Building in Chicago’s Woodlawn neighborhood, which the Cook County Land Bank Authority is hoping to reposition.

The Cook County Land Bank looks to go commercial

With numerous vacant properties left at the tide line of the receding Great Recession, The Cook County Land Bank Authority (CCLBA) was created in 2013 to find new uses for this inventory. Though their early efforts focused on single-family homes, the rehabilitation of industrial and commercial properties is poised to make an even larger impact.

CRE N Illinois
Jim Cummings;Paine Wetzel–TCN Worldwide

Jim Cummings joins Paine Wetzel

Paine Wetzel–TCN Worldwide announced that industrial real estate expert Jim Cummings has joined the firm as vice president. Jim brings an extensive track record in the south and west suburban Chicago real estate markets, and will continue to maintain and grow the Paine Wetzel’s market presence.

CRE N Illinois
CRE Future Leaders: Jordan Mellovitz

CRE Future Leaders: Jordan Mellovitz

As part of our series, CRE Future Leaders, we caught up with Jordan Mellovitz, senior associate, tenant representation at Avison Young. Mellovitz focuses on new business development, financial analysis and market research. He cites a strong work ethic and thorough understanding of the Chicago office market as reasons why clients of varying sizes turn to him to identify unique spaces and opportunities.

CRE N Illinois
Chicago City Council approves Tribune Media Plan for riverfront development

Chicago City Council approves Tribune Media Plan for riverfront development

The scheme by Tribune Media Company subsidiary Tribune Real Estate Holdings to transform their riverfront development at 777 W. Chicago Avenue has been approved by the Chicago City Council. The master plan, designed by Chicago-based architects Solomon Cordwell Buenz (SCB), is the culmination of a multi-year process that included meetings with and input from city planning officials, Alderman Walter Burnett, neighborhood businesses and area community groups.

CRE c Nebraska
The headquarters building of Kiewit Corp., developed by Noddle Companies, is the centerpiece of Omaha’s Builder’s District development. (Art courtesy of Noddle Companies.)

The CRE boom far from fizzling in Omaha

Sometimes steady is best. Just ask the brokers doing business in Omaha. The commercial real estate market has been strong here for nearly a decade now. And it’s shown this strength without needing the soaring highs or dizzying lows exhibited by some of the bigger, more volatile markets across the Midwest.

CRE Midwest
CRE sentiment is trending upward, according to NAIOP survey

CRE sentiment is trending upward, according to NAIOP survey

In a forward-looking snapshot of the state of the nation’s commercial real estate, the latest CRE Sentiment Index from NAIOP points to a bullish outlook for the next year. In the aggregate, respondents showed more support for the notion that the fundamentals underpinning commercial real estate will be stronger in 12 months than they are today.

CRE N Illinois
Plumbers Local 130 UA Training Center by Gensler.

AIA Chicago recognizes architectural excellence at Designight

The Chicago chapter of the American Institute of Architects (AIA Chicago) honored exceptional architectural projects at Designight 2018, the organization’s 63rd annual Design Excellence Awards ceremony and celebration. More than 1,000 architecture, engineering and construction industry leaders and professionals attended this year’s event at Navy Pier, which was hosted by Chicago television personality, producer and WTTW host, Geoffrey Baer.