Protesters in Sugar Grove make voices heard chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
Initiatives aim to build the ranks of minority developers chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
Before the COVID-19 pandemic hit, downtown Chicago was in the midst of a building boom that local officials say was notable for what it didn’t include: minority-owned development firms. “There were 61 cranes in the sky, and each crane represented a project worth up to hundreds of millions of dollars,” said Leon Walker, managing partner of developer DL3 Realty. “It was a point of pride for the .
After years of slack office demand, investors are opting to either improve or redevelop their properties. Meanwhile, the supply of new housing could get a jolt from plans in Sugar Grove.
The village of Sugar Grove is considering making the property at Interstate 88 and Route 47, which is currently owned by Crown Community Development, into a tax increment finance district to spur development.