Chicago Cheat Sheet: Motel 6 planned near McCormick Place … & more

Also, Centennial plans major mixed-use redevelopment of Hawthorn Mall in Vernon Hills

Chicago /
Apr.April 02, 2019 05:00 PM

2300 South Indiana Avenue (Credit: Google Maps and Wikipedia)

McCormick place would get dual Motel 6/Studio 6 in landmark auto showroom

A suburban investor wants to build a 200-key dual-brand Studio 6/Motel 6 hotel next to McCormick Place. Chirag Patel of Arlington Heights is asking the Commission on Chicago Landmarks to approve plans to turn the six-story former auto showroom at 2300 South Indiana Avenue into the hotel. The building would include 79 Motel 6 rooms, 121 extended-stay Studio 6 rooms and ground-floor retail. Patel’s venture bought the property in 2006 from the Metropolitan Pier and Exposition Authority. It hired Sachi Construction as general contractor. [Crain’s]

Major mixed-use redevelopment planned at Hawthorn Mall

Centennial Real Estate wants to add a gourmet grocery store, restaurants, shops, a large park and 450 luxury apartments to Hawthorn Mall in Vernon Hills. The Dallas-based firm is proposing a major redevelopment of the shopping center at Milwaukee Avenue and Townline Road, and plans to detail the project a public meeting Wednesday. The project would involve tearing down the shuttered Sears and Carson’s anchor spaces. Centennial said it would be the largest investment in the 1.3 million-square-foot mall since it opened in 1973. [Daily Herald]

Clear Height moving HQ

Clear Height Properties is moving from River North to 150 North Wacker Drive. The growing real estate investment, management and services firm said it ran out of space in River North. The firm has acquired 12 properties totaling over 1.2 million square feet and valued in excess of $70 million in the past year. [REJournals]

Woodfield Mall getting a Blackwood BBQ

Blackwood BBQ will open a location this summer on a Woodfield Mall outlot in Schaumburg. The local barbecue chain will take a nearly 3,000-square-foot unit next to Naf Naf Grill in the Woodfield Gatherings development 1711 East Golf Road. The restaurant will include an outdoor patio. [Daily Herald]

Orbit Medical moving to Clear Height property in Aurora

Orbit Medical leased 15,000 square feet of flex office and industrial space at 550 North Commons Drive in Aurora. The medical equipment supplier is moving from Naperville into the Clear Height Properties building. The location will include some 3,900 square feet of warehouse space. With the lease, the 39,000-square-foot building is fully occupied. [GlobeSt.]

Woodmont plans retail development in Grayslake

The Woodmont Company is developing a four-building retail center in Grayslake. The Washington & Barron Commons will include a 9,000-square-foot building for Kiddie Academy, an 8,000-square-foot multi-tenant building and a two single-tenant buildings of 4,500 and 3,000 square feet. [Connect Media]


Related Articles

arrow_forward_ios
Citadel's Ken Griffin (Getty, iStock)
Griffin’s Citadel debates Chicago exit due to crime
Griffin’s Citadel debates Chicago exit due to crime
Preservation Chicago's Ward Miller and Century Building (Tdl1060/ CC BY-SA 4.0 via Wikimedia Commons, LinkedIn)
Preservationists push to save Chicago’s Century, Consumers towers
Preservationists push to save Chicago’s Century, Consumers towers
Peppercorn Capital's Philip Denny’ and the site of 1217 West Washington Boulevard (Google Maps)
“King of the West Loop” sells $10.3M site
“King of the West Loop” sells $10.3M site
2731 N. Elston Ave (Google Maps, iStock) REIT, Shopping Center
REIT buys mall from construction company for $29M
REIT buys mall from construction company for $29M
Silvestri Investments' Dan Silvestri and 737 North Michigan Avenue (Google Maps, Silvestri Investments, iStock)
Mag Mile sale for $94M shows where stability lies as pricing adjusts
Mag Mile sale for $94M shows where stability lies as pricing adjusts
Chicago's Wicker Park (Google Maps, iStock)
Shuttered Wicker Park bar says it was “scapegoated” by cops
Shuttered Wicker Park bar says it was “scapegoated” by cops
From left: Edzard Overbeek, CEO, HERE Technologies and the Boeing Building at 425 West Randolph Street; Richard Edelman, CEO, Edelman and 111 North Canal Street (Edelman, HERE Technologies, LoopNet)
Chicago office subleases grow as Boeing building empties
Chicago office subleases grow as Boeing building empties
A photo illustration of 105 West Adams Street (top right) and the Chatham Village Square shopping center (bottom) (LoopNet, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
Chicago landlord Tadros files for bankruptcy with $22M mortgage at stake
Chicago landlord Tadros files for bankruptcy with $22M mortgage at stake
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...