The City of Chicago had originally planned to clear out the homeless encampment in Gompers Park by the end of February, but that timeline is now changing.
An Oregon investor has picked up an apartment tower in the West Loop, marking the first major downtown deal of 2025.
The 78-unit, mixed-income building will have 54 affordable apartments. The finance committee approved $14 million in TIF funds for the project Monday.
The Canadian developer got plans approved to build two residential towers on the West Loop properties in 2021.
Lowell Jaffe, the lead developer with the Waukegan Community Development Partnership, said creating a motivation for people ...
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