ULI Chicago News

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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Development Dialogue | Aurora, IL

ULI Chicago members recently conducted a Development Dialogue in Aurora, IL to help jumpstart the City’s downtown redevelopment efforts. This technical assistance was provided in partnership with the Chicago Metropolitan Agency for Planning (CMAP), and as a follow-up to the newly adopted Downtown Master Plan for the City. Located along the Fox River, Aurora is the second largest city in the State of Illinois with just over 200,000 residents. In addition to historic charm and beautiful architecture, downtown Aurora has many significant assets – its Metra rail commuter station is … 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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Part 2 | Chicago Product Council Members Talk the Benefit of Participating on a CPC. Learn More and Apply Today!

Curious about the Chicago Product Council initiative? We sat down with returning Chicago Product Council Members to discuss all things CPC. Check out their insights on the opportunity, and consider applying today! Read Part 1 of our CPC Interviews Cindy Malone SVP/Director of Sales, Chicago Title Insurance Company Q: Tell us about one of your favorite experiences from this past year’s program. A: I have truly loved every Product Council meeting. The interaction among fellow Council members is great.  …My favorite was the behind the scenes tour of Wrigley Field. … Read More

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Part 1 | Chicago Product Council Members Talk the Benefit of Participating on a CPC – Learn More and Apply for a Council Today!

Curious about the Chicago Product Council initiative? We sat down with returning Chicago Product Council Members to discuss all things CPC. Check out their insight on the opportunity, and consider applying today! Bill Dvorak Vice President, Development, Pritzker Realty Group, LLC Q: What motivated you to initially get involved in CPC, and how did the program compare to your expectations? A: The Council’s allow the participants to go beyond traditional networking by engaging the group in discussions on relevant topics.  As a member you benefit from hearing different perspectives and … Read More

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Untapped Potential: Strategies for Revitalization and Reuse

The Partnership for Building Reuse has released a new report highlighting strategies for reusing older vacant and underutilized buildings to revitalize neighborhoods. Based on the Partnership’s work in five cities, Baltimore, Chicago, Detroit, Los Angeles and Philadelphia, the report provides potential solutions to overcome the most common market, financial, technical and regulatory barriers impacting building reuse. The Partnership’s process that included extensive stakeholder engagement and in-depth data analysis in all participating cities, made it clear that older buildings represent tremendous untapped development potential. By easing regulatory burdens such as off-street … Read More

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FY18 ULI Chicago Jeffrey Kahan Fellows Announced

The ULI Foundation and ULI Chicago are pleased to announce the FY18 Jeffrey Kahan Fellows, Julie Heigel, Vice President, Pearlmark Real Estate and Brittani Sanders, Director, Multi-Family, CRG Real Estate Solutions. The Fellows will participate as Full Members in ULI for the coming year as well as join a national Product Council at both the ULI Fall and Spring Meetings. In addition, they have been paired with a Council mentor who will act as a resource to expand their Council experience. A jury of seven ULI members and associates of Jeffrey Kahan reviewed applications and interviewed qualified candidates. … Read More

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Development Dialogue | Richmond, IL

Our work in the communities continued this summer as we, in partnership with the Chicago Metropolitan Agency for Planning (CMAP), conducted a Development Dialogue in Richmond, IL to help the Village leadership analyze and prioritize development opportunities. Richmond has nearly 2,000 residents and is located along US Highway 12 in McHenry County, IL near the Wisconsin State Line. Lake Geneva, a popular resort town in Wisconsin, is only a short drive away. People choose to live in Richmond attracted by its small-town character, picturesque downtown and easy access to McHenry’s … Read More

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