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This Week's Chicago Deal Sheet (May 5, 2021)

Delinquent rent in Chicago could now exceed $1B, according to a survey released last week by the Neighborhood Building Owners Alliance, a group of small and midsized Chicago landlords.
The high level of delinquency brought about by the coronavirus pandemic is leading to neighborhood disinvestment. With their revenue plunging to historic lows, 65% of landlords surveyed said they expect to make fewer capital improvements. In addition, nearly half expect to cut down on repairs and maintenance.
“With so much delinquent rent, many housing providers lack the funds to continue to maintain their properties,” NBOA President Michael Glasser said in a press release. ....

Des Plaines , United States , Windy Point , Oak Brook , North Lake , Lincoln Square , San Diego , Mount Prospect , Arlington Heights , North Clinton , Baptist Theological Seminary , San Francisco , Glendale Heights , Blue Island , Mary Riordan , Angelo Caputo , Robert Elbrecht , Alpha Omega , Charles Canale , Matt Carolan , Jeff Janda , Tim Gallagher , Keith Largay , Burns Mcdonnell , Andrean Angelov , Meredith Oconnor ,

Lombard rezones former seminary site

Lombard rezones former seminary site
A combined Moretti s restaurant and a golf driving range called GolfSocial are part of an anticipated $159 million mixed-use redevelopment of the former Lombard campus of the Northern Baptist Theological Seminary.
Courtesy of Heitman Architects

Updated 1/24/2021 5:25 PM
Lombard officials approved multiple ordinances during a virtual village board meeting Thursday to allow for the redevelopment of the former Northern Baptist Theological Seminary campus.
The 27-acre site at 600-690 Butterfield Road is being eyed by Schaumburg-based Alpha Omega Development Group. It has plans for a $159 million mixed-use redevelopment featuring a golf driving range, restaurants, a gas station and an apartment complex to be built in phases. ....

Alpha Omega , Alpha Omega Development Group , Northern Baptist Theological Seminary , Schaumburg Based Alpha Omega Development , ஆல்பா ஒமேகா , ஆல்பா ஒமேகா வளர்ச்சி குழு , வடக்கு ஞானஸ்நானம் இறையியல் செமினரி , ஸ்சௌும்பூற்க் அடிப்படையிலானது ஆல்பா ஒமேகா வளர்ச்சி ,

Lombard discusses new library, former seminary site redevelopment

Lombard discusses new library, former seminary site redevelopment
The proposed new Helen Plum Library in Lombard, as seen in a rendering facing southeast at the corner of Main Street and Hickory Street.
Courtesy of Engberg Anderson Architects
This rendering shows the proposed new Helen Plum Library in Lombard, which would feature a drive-through lane for book drop-off and pickup on the east side of the building.
Courtesy of Engberg Anderson Architects
A rendering for a combined Moretti s restaurant and a golf driving range called GolfSocial that are part of a proposed $159 million mixed-use redevelopment of the former Lombard campus of the Northern Baptist Theological Seminary. ....

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