Crain's Chicago Business

February 3, 2016, 8am PST
Lakeview, located north of Lincoln Park and adjacent to Lake Michigan, leads the city by a wide margin in residential teardowns over the past five years. Local developers are selling new homes for four times the original price paid.
Crain's Chicago Business
December 31, 2015, 8am PST
Chicago, with funding from the four major wireless carriers, has achieved a major amenity for transit users: 4G internet service along 22 miles of subway tracks in the CTA system.
Crain's Chicago Business
September 25, 2015, 8am PDT
An estimated 1,500 food carts were operating in the city of Chicago—mostly outside the law. The Chicago City Council this week passed a law that allows legitimate operations.
Crain's Chicago Business
June 29, 2015, 9am PDT
Once known as "Little Hell" for its copious industrial plants, Goose Island is a rare, relatively undeveloped investment opportunity. Centrally located, it may one day house swanky offices.
Crain's Chicago Business
May 21, 2015, 8am PDT
After an initial proposal a year ago, prompting immediate and strong criticism, the Chicago Transit Authority has completed its environmental assessment of a proposal designed to improve service capacity at the infamous bottleneck of Clark Junction.
Crain's Chicago Business
March 16, 2015, 9am PDT
Greg Hinz reports on a high profile ruling that throws up a major obstacle for the proposed development of the Lucas Museum of Narrative Art in Chicago.
Crain's Chicago Business
December 27, 2014, 11am PST
The Chicago Plan Commission approved a 67-story residential high rise earlier this month, as the latest evidence of the city's changing skyline.
Crain's Chicago Business
December 23, 2014, 7am PST
"The city should consider road diets for all streets with excess car capacity, although they're not always politically easy," writes John Greenfield.
Crain's Chicago Business
November 3, 2014, 5am PST
Yonah Freemark writes an op-ed that argues for the Chicago Transit Authority to do more than maintain the status quo.
Crain's Chicago Business
August 18, 2014, 11am PDT
With tech businesses setting up shop in Chicago's Loop, what it will take to attract companies out to neighborhoods like Garfield Park and Englewood?
Crain's Chicago Business
April 18, 2014, 12pm PDT
Fairly sizable funding contingencies still have to be resolved, but the so-called Red-Purple Bypass Project could increase rush hour capacity at a critical North Side junction by 30 percent.
Crain's Chicago Business
March 27, 2014, 10am PDT
Chicago political leaders are floating a pair of competing bills that would regulate transportation network companies like Uber, Lyft, and Sidecar. Cab companies are pushing for legislation, seeking a “level playing field” in the market.
Crain's Chicago Business
October 29, 2013, 11am PDT
In desirable cities across America, home prices are well on their way back to pre-bust levels. But in areas like Chicago's southern suburbs, prices are down more than 40 percent from recent highs, and approaching were they were twenty years ago.
Crain's Chicago Business
June 17, 2013, 6am PDT
Greg Hinz tours the unfinished 'superstation' under Block 37 in the central Loop, built by the Chicago Transit Authority at a cost of $218 million. It would cost an estimated $150 million to complete, a sum that's unlikely to be raised anytime soon.
Crain's Chicago Business
May 29, 2013, 12pm PDT
Not to be outdone by its big (and small) city brethren, the nation's third largest city is launching its long-awaited, and relatively secretive, bike-sharing program next month. And according to Paul Merrion, they're starting with a bang.
Crain's Chicago Business
April 25, 2013, 7am PDT
On Chicago's South Side, Jackson Park once inspired million of visitors to the 1893 World's Columbian Exposition, including a young Frank Lloyd Wright. After years of neglect, Robert Karr Jr. wants to revitalize the park along a Japanese theme.
Crain's Chicago Business
April 17, 2013, 2pm PDT
After five rough years, architecture billings are on a sustained upswing. In Chicago, where the number of employed architects dropped 33 percent between 2008-2011, this means firms are staffing up to meet a growing number of commissions.
Crain's Chicago Business
March 4, 2013, 9am PST
With its surging job and population growth, and high retail sales, downtown Chicago is outperforming the suburbs for the first time in decades. Perhaps more than any other city in the country, it reflects the inversion of the post-war paradigm.
Crain's Chicago Business
March 30, 2012, 7am PDT
Mary E. Morrison reports on a precipitous drop in the percentage of renters leasing parking spaces in new downtown Chicago residential buildings, causing developers to rethink the way they build and market their buildings.
Crain's Chicago Business
March 28, 2012, 12pm PDT
A sluggish housing market has stemmed the flow of young parents into Chicago's suburbs, putting pressure on city officials to make public schools better, John Pletz reports.
Crain's Chicago Business