David Roeder
Business reporter
David Roeder covers business and labor for the Chicago Sun-Times.
Still hurting from the pandemic, the nonprofit said it is trying to sell its apartment buildings to operators who will maintain the sites as affordable properties.
The nonprofit incubator mHUB and battery manufacturer NanoGraf opened facilities in a part of town that’s evolving into an innovation center.
The federally owned towers date from the early 20th century and could still be torn down, but the decision of the Commission on Chicago Landmarks could increase pressure to preserve them.
The software giant had to reduce its space because of the pandemic, but has moved ahead with a design that heralds community involvement.
The veteran advertising executive is expected to remain in his post through at least February to ensure a transition to his successor.
With vacancy rates rising and valuations falling hard, civic and business leaders are starting to talk about what can be done with office space few companies want anymore.
United and American airlines are slated to share a new “global terminal” handling both domestic and international flights — a project funded in part by airlines. But now both carriers want Mayor Brandon Johnson to alter those plans.
They will form a new company, Outfox Hospitality, where Dom’s co-founder Bob Mariano will be an adviser and board member.
The agency promises to be “laser focused” over the next 18 months on its vacant single-family homes and smaller apartment buildings.