Neighbors worry Peoples Gas redevelopment near Six Corners will 'bring the suburbs' to Portage Park: "The proposed “Shops at Six Corners” at 3955 N. Kilpatrick Ave. would house an Amazon Fresh grocery store, a Burlington clothing store, a Panera Bread restaurant with a drive-through facility and up to 36 residential apartments... 'All of the pieces are there but we want to see it look a little more urban. It looks like a suburban strip mall and we don’t live in the suburbs,' [said a neighbor]." (Block Club Chicago)
The Thompson Center is officially up for sale: "After years of talk, the James R. Thompson Center is officially up for sale... The 3-acre site is expected to be of interest to developers looking to raze the building. An ordinance introduced in March by downtown Ald. Brendan Reilly, 42nd, would pave the way to the site being zoned to allow one of the tallest skyscrapers in the city." (Chicago Tribune)
Chicago apartment rents are rebounding from pandemic lows: "Apartment seekers searching for rentals in Chicago late last year were looking at what may have been the lowest prices the city will witness for the near term future as prices continue to rebound from pandemic lows... But the market is now quickly returning to landlords’ favor. According to numbers in a new report, Chicago’s year-over-year rent growth is in the red, but recovering quickly." (RE Journals)
Op-ed: The pros and cons of turning Chicago’s lakefront into a national park: "With summer coming and the pandemic receding, Chicagoans are returning to their beloved lakefront. But there, as for almost two centuries, they will find battles over Chicago’s greatest natural resource." (Chicago Tribune)
Should Chicago’s lakefront be turned into a national park?Shutterstock
TikTok plans Chicago hiring spree and eyes office space in the West Loop: "TikTok is closing in on a deal for an office in the Fulton Market District with plans to add as many as 150 jobs in the city, a move that would continue a run of high-profile tech companies hiring in Chicago. The short-form video app company is in advanced talks to sublease about 30,000 square feet at 333 N. Green St. from advertising giant WPP Group." (Crain's Chicago Business)
Op-Ed: Why I can’t wait to move from California to Chicago: "Finally seeing the light at the end of this long, dark tunnel, my mind can’t help but wonder: how is this great city going to remake itself yet again? What new businesses will arise out of this year of disruption? How will the arts scene respond once we can crowd into black box theaters and gallery spaces again? How will chefs and bartenders excite and inspire us out of our homes and back into their establishments? The future is objectively bright." (Chicago Sun-Times)
May begins in Chicago with 11 tower cranes in the air: Building Up Chicago provides a rundown of the construction cranes currently operating across the city. (Building Up Chicago)
