Category Archives: News From Chicago

Young Leaders Learn to Weigh Risk & Reward During the 2nd Small Group Discussion Series of 2018

ULI Chicago’s Under 35 members met in August for the 2nd sold-out Small Group Discussion Series of 2018. The three-part speaker series featured top CRE executives from Sterling Bay, Harrison Street Real Estate Capital, and Moderne Ventures. Each meeting included interesting insights regarding the current state of the CRE industry and provided an intimate setting in which young professionals learned about evaluating the risks and rewards associated with various endeavors, as well as how to approach the flexibility required within the real estate market. Session 1: “Sterling Bay – Creative Office … Read More

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WLI & Molly Meyer Discuss the Impact of Green Roof Technology on Urban Infrastructure at the 3rd Breakthrough Series Event

ULI Chicago’s Women’s Leadership Initiative (WLI) held its third Breakthrough Series event honoring Molly Meyer, CEO and Founder, Omni Ecosystems. Guests were treated to a bird’s eye view of representative projects, courtesy of Omni’s in-house drone pilot, while Molly described combining her rigorous academic background with real-world carpentry experience to implement her vision for accessible and active urban green space.  Following the presentation, and a passing rainstorm, guests were able to view Molly’s work first-hand at Omni’s industrial loft penthouse and green roof. Molly described creating a vertically integrated multi-disciplinary … Read More

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ULI Chicago Panel Recommends Redevelopment Strategies for the Village of Mundelein’s Southside Corridor

On April 3-4, 2018, a Technical Assistance Panel convened by ULI Chicago at the invitation of the Village of Mundelein, IL, worked collaboratively to prepare recommendations regarding redevelopment potential and appropriate land uses for key sites along Mundelein’s southside corridor. Several under-performing and vacant sites along Mundelein’s Townline Road (IL Route 60) represent a variety of development opportunities that have the potential to transform Mundelein’s southside. ULI Chicago’s panelists worked collaboratively over the 2 days to create realistic and implementable recommendations for the Village regarding future land uses, transportation and … Read More

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Brittani Sanders | 2018 ULI Spring Meeting Recap: What Our Kahan Fellows Have to Say

In Part 2 of our two-part series, Brittani Sanders, one of our 2017-18 Kahan Fellows, shares her musings and major takeaways from the 2018 ULI Spring Meeting in Detroit. Each year, ULI Chicago’s Jeffrey Kahan Fellowship recipients attend the ULI Fall and Spring Meetings, gaining valuable insights from the senior CRE players who convene semi-annually to attend their US Product Council meetings. Our 2017-18 Kahan Fellows, Julie Heigel, Assistant Vice President, Waterton Associates LLC, and Brittani Sanders, Director, Multi-Family, CRG Real Estate Solutions, mixed it up a bit from years past … Read More

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Julie Heigel | 2018 ULI Spring Meeting Recap: What Our Kahan Fellows Have to Say

In Part 1 of our two-part series, Julie Heigel, one of our 2017-18 Kahan Fellows, shares her musings and major takeaways from the 2018 ULI Spring Meeting in Detroit. Each year, ULI Chicago’s Jeffrey Kahan Fellowship recipients attend the ULI Fall and Spring Meetings, gaining valuable insights from the senior CRE players who convene semi-annually to attend their US Product Council meetings. Our 2017-18 Kahan Fellows, Julie Heigel, Assistant Vice President, Waterton Associates LLC, and Brittani Sanders, Director, Multi-Family, CRG Real Estate Solutions, mixed it up a bit from years past … Read More

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WLI Launches Breakthrough Series

ULI Chicago’s Women’s Leadership Initiative (WLI) created a new program series called the “WLI Breakthrough Series”.  The Series was established to highlight the accomplishments of women in the Chicago CRE market, while facilitating meaningful discussions and networking opportunities, both with the guest speaker as well as other event attendees. The launch of the WLI Breakthrough Series took place last November and featured guest speaker, Laura Hines, Director, Hines.  Laura spoke about her successful projects, specifically the development of Chicago’s new River Point, which is where the event took place, as … Read More

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ULI Chicago Members Provide Technical Assistance in Mundelein

ULI Chicago members are in Mundelein for the next two days conducting a Technical Assistance Panel (TAP) at the request of Village of Mundelein officials.  The TAP will be focusing on redevelopment strategies for select priority sites within the southside commercial area in the Village of Mundelein. The TAP will seek to answer the following questions posed by the Village of Mundelein: What are appropriate future land uses for the corridor, which has been split between large commercial uses and industrial/office uses? What transportation enhancements may be necessary to enhance the … Read More

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How Craft Breweries are Driving Development

Last week ULI Chicago members gathered at The Plant, a former meatpacking facility in Chicago’s Back of the Yards neighborhood, to experience first-hand how craft brewers are thriving in long-term disinvested neighborhoods and helping drive their revitalization. The Plant formed the perfect backdrop for this conversation – after sitting vacant for years and being marketed as a “strip and rip” building, i.e. a building likely best suited for stripping out any valuable building materials before being torn down, The Plant has been transformed into an incubator for food businesses focused … Read More

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ULI Chicago Releases Report Outlining Strategies for Promoting Workforce Housing in North River Communities, Chicago, IL 

ULI Chicago Releases Report Outlining Strategies for Promoting Workforce Housing in North River Communities, Chicago, IL  CHICAGO (December 12, 2017) —The Urban Land Institute Chicago (ULI Chicago) has released a report with strategies for promoting workforce housing, affordable to households earning between 50% and 120% of the Area Median Income (AMI), in Chicago’s North River communities. Albany Park, which is the core of the study area, is one of the most diverse Chicago area communities–two-thirds of the study area residents speak a language other than English at home, and while … Read More

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Does It Really Matter Where Customers Shop?

        Does It Really Matter Where Customers Shop? By Bridget Lane, Director, Business Districts, Inc. The headlines about 2017’s all-important holiday sales season have come out and they seem contradictory… Shopping center traffic is up, internet sales break records, 91% of shoppers surveyed by Deloitte plan to shop online, millennial and Gen Z Shoppers are brick-and-mortar’s essential future. What is the truth? The key to reconciling these headlines is understanding the difference between shopping and buying. Shopping is deciding what to purchase and buying is both a … Read More

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