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Illinois Construction News

Project updates from planning board meetings, project announcements, permit filings, and more across Illinois — linked to commercial project leads. Tracking 58 updates, last published 8 days ago.

Recent Illinois headlines

0 updates in the last 24 hours · last updated 3 days ago.

May 28, 2026

Arlington Heights Bears Stadium Legislation Stalls Ahead of May 31 Deadline

Governor Pritzker provides an update on a proposed megaprojects bill aimed at securing a new domed stadium for the Chicago Bears in Arlington Heights.

Chicago–Naperville, IL
May 28, 2026

Affinius Capital Secures $55M Refinance for 730K SF Venture Park 47 Industrial Facility

Affinius Capital secures a $55 million refinancing loan for Venture Park 47, a 729,823-square-foot industrial facility in Huntley, Illinois.

Chicago–Naperville, IL
May 19, 2026

Pepper Construction Selected for $170M Mixed-Use Redevelopment of Water Tower Place

MetLife Investment Management plans a $170M redevelopment of Chicago's Water Tower Place to transition from a retail-heavy mall to a mixed-use property.

Chicago–Naperville, IL
May 22, 2026

Bears Eye $5B Stadium Sites in Arlington Heights and Hammond

The Chicago Bears are weighing $5-billion domed stadium projects in Arlington Heights, Illinois, and Hammond, Indiana, after ruling out further consideration of a site within Chicago.

Chicago–Naperville, IL
May 27, 2026

Chicago Park District Completes $2M Renovation of West Madison Roller Rink and Plaza

The Chicago Park District completes a $2 million overhaul of the West Madison Roller Rink and Park No. 602 in West Garfield Park, featuring a new event stage and play space.

Chicago–Naperville, IL
Apr 10, 2026

Chicago Office Market Shifts Focus to Small Assets as Buildings Under 20K SF Outperform

Smaller office assets outperform large-scale properties in Chicago, where buildings under 20K SF maintain a 10% vacancy rate compared to 30% for assets exceeding 100K SF.

Chicago–Naperville, IL
May 15, 2026

Related Midwest Features 8.1-Acre Site in Chicago Eisenberg Foundation Competition

Related Midwest associate DuWarren Gibson judges the 16th annual Eisenberg Real Estate Challenge, which utilized an 8.1-acre site within The 78 megadevelopment.

Chicago–Naperville, IL
May 18, 2026

Nightingale Affiliate Closes $25M Chicago Office Acquisition at 111 W. Jackson

Newmark is pursuing a $3M judgment against Nightingale Properties co-founder Simon Singer, citing his firm's recent $25M acquisition of a 560K SF Chicago office tower as proof of liquidity.

Chicago–Naperville, IL
May 26, 2026

Chicago Multifamily Investment Hits $1.9B in Q1 as Deal Volume More Than Doubles

Chicago multifamily investment sales reached $1.9B in Q1 2026, marking a 116.6% year-over-year increase.

Chicago–Naperville, IL
May 27, 2026

Hispanic Housing Development Corp. Plans $36M Humboldt Park Apartment Project

Chicago City Council approves a $36 million, 44-unit affordable housing development at 3251 W. Division in Humboldt Park.

Chicago–Naperville, IL
May 27, 2026

Related Midwest Secures Tower Crane Permit for $750M McDonald’s Park Stadium at The 78

Officials issued a tower crane permit for the $750 million, 22,000-seat McDonald’s Park stadium in Chicago’s The 78 development.

Chicago–Naperville, IL
May 27, 2026

Relu Stan Lists Fulton Market Hotel Development Site With Expanded Air Rights

Relu Stan has brought a hotel development site in Chicago's Fulton Market to market, now including bonus air rights that allow for a larger project.

Chicago–Naperville, IL

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