Chicago Cheat Sheet: Dave & Buster’s drops Water Tower plans … & more

Also, Mark Fishman fires back in office rent dispute with Alderman Ramirez-Rosa

Jan.January 15, 2019 05:00 PM

(Credit: iStock)

Water Tower Place move no longer in play for Dave & Buster’s

Dave & Buster’s won’t be moving to Water Tower Place after Alderman Brian Hopkins (2nd) rejected the plan. The arcade and bar chain wanted to move its Gold Coast location at 1030 North Clark Street to Brookfield Properties’ Magnificent Mile mall, but opposition from neighbors led Hopkins to nix the idea. [Chicago Tribune]

Fishman says alderman “dined and ditched” in office rent dispute

Controversial Logan Square developer Mark Fishman lobbed the latest volley in an ongoing dispute with Alderman Carlos Ramirez-Rosa (35th) over office space. Ramirez-Rosa earlier this month alleged Fishman evicted him from his ward office on North Sawyer Avenue, but Fishman said the alderman left voluntarily — to avoid paying thousands of dollars in back rent. “He dined and ditched,” Fishman said. [Block Club]

Schaumburg mulling big parking garage for convention center area

Schaumburg officials are proposing a six-story, 1,100-space parking garage to serve the Schaumburg Convention Center and Renaissance Hotel as well as new businesses that could join a planned entertainment district nearby. The garage would include ground-floor retail and cost between $30 million and $33 million. [Daily Herald]

Palatine Flea Market closing to make way for auto dealerships

Wolff’s Flea Market is closing its indoor location in Palatine to make way for a new development that will feature two Napleton Automotive Group dealerships. The business has occupied the former Menard’s store on Rand Road for nine years, but Napleton is taking over the property and moving two Arlington Heights locations there. The flea market sold deeply discounted nonperishable food nearing its expiration dates along with small appliances, clothes, furniture and more. [Daily Herald]

Chicago architects taunt Trump…again

Chicago architecture firm New World Projects released renderings of a 30-foot-tall gold picket fence designed to mock President Donald Trump’s proposed southern border wall. The firm was behind a proposal in 2016 to fly pig-shaped balloons in front of the Trump sign that graces the Trump International Hotel & Tower in River North. Some of the renderings show the fence around Trump’s Mar-a-Lago Florida resort, with an electrified fence to keep people in, not out. [Chicago Tribune]

Related Articles

The former McDonald's headquarters building in Oak Brook (foreground) and a rendering of the new HQ (Credit: NAI Hiffman, iStock)

Suburban office market still scuffling amid companies migrating to city

John Buck (inset), Michael Shvo and 333 South Wabash Avenue (Credit: TJBC)

Michael Shvo-led group buying “Big Red” office tower for $370M

As fewer tenants want huge blocks of space, retail landlords along the Magnificent Mile have adapted by breaking up spaces for multiple tenants. (Credit: iStock, Google Maps; illustration by Kevin Rebong for The Real Deal)

Portion Control: Inside the retail rightsizing of the Magnificent Mile

Marc Jacobs store at 11 E. Walton St., Marc Jacobs (Credit: Getty Images and Google Maps)

Another one bites the dust: Marc Jacobs closes Gold Coast location

Ald. Walter Burnett Jr. (27th) and Steven Fifield, with a rendering of the project

‘Cap the Kennedy’ plan may be revived thanks to real estate money

Trammell Crow CEO Matt Khourie and a rendering of Fulton Labs (Credit: iStock)

Life sciences development may be Fulton Market’s next new thing

181 W. Madison St. and HNA Group Founder Chen Feng (Credit: Google Maps)

Embattled Chinese firm HNA Group refinances Loop skyscraper

Chariot Logistics Center and Jeff Bezos (Credit: Getty Images, Cushman & Wakefield, and iStock)

Amazon inks massive lease at Melrose Park distribution center