Deerfield 5-bedroom home with sunroom and swimming pool: $1.1M
Chicago Tribune » Business
by Saleema Syed
1h ago
Address: 405 Deerfield Road, Deerfield Price: $1,150,000 Listed: April 9, 2024 Built in 1921, this home has been renovated but preserves some of its original architectural details. The foyer with staircase leads to a sunroom with views of the yard. French doors take you into a living room with a fireplace and wall of windows. The chef’s kitchen was remodeled with a large island and leads to the dining room. The first floor also has a family room with three walls of windows, a fireplace, a main floor office, a bedroom and a full bath. The second floor has a primary suite with a spa-like bath an ..read more
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Logistics Campus at former Allstate headquarters off to slow start, with plans for lab-grown meat plant on hold
Chicago Tribune » Business
by Robert Channick
1h ago
When Dermody Properties announced its first tenant in September for the massive logistics campus supplanting the former Allstate headquarters along I-294, only one of five warehouse buildings planned for the first phase had taken shape. Seven months later, all five buildings are nearing completion, rising up amid the mounds of dirt and towering construction equipment on the northern end of the expansive Glenview site. But the first tenant, Upside Foods, remains the only one. And the startup cultivated meat producer, whose arrival was heralded by everyone from Gov. J.B. Pritzker to U.S. Sen. Di ..read more
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Senators show confidence in Johnson’s O’Hare rebuild plan
Chicago Tribune » Business
by Jake Sheridan
1h ago
Mayor Brandon Johnson’s plan to tweak the massive, delayed rebuild of O’Hare International Airport got a major vote of confidence Monday from Sens. Dick Durbin and Tammy Duckworth. Johnson wants to change the sequencing of construction on the long-awaited Global Terminal and two new satellite concourses. That idea had initially drawn pushback from the congressional leaders when first reported earlier this month. But Durbin and Duckworth rallied behind the plan Monday. “We’re in a better place. There’s been an effort to increase the conversation,” Durbin said at a groundbreaking for a separate ..read more
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Rail spikes hammered, bullet train being built from Sin City to the City of Angels
Chicago Tribune » Business
by Ken Ritter
14h ago
LAS VEGAS — A $12 billion passenger bullet train linking Las Vegas and the Los Angeles area was dubbed the first true high-speed rail line in the nation on Monday, with the private company building it predicting millions of ticket-buyers will be boarding trains by 2028. “People have been dreaming of high-speed rail in America for decades,” said U.S. Transportation Secretary Pete Buttigieg before taking a stage with union representatives and company officials at the future site of a terminal to be built just south of the Las Vegas Strip. “It’s really happening this time.” Buttigieg cited Biden ..read more
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Express files for Chapter 11 bankruptcy protection, announces store closures, possible sale
Chicago Tribune » Business
by WYATTE GRANTHAM-PHILIPS
14h ago
By ANNE D’INNOCENZIO NEW YORK — Express Inc — once a trendsetter of casual office attire that has struggled to compete with the likes of Zara and H&M — has filed for Chapter 11 bankruptcy protection. The retailer based in Columbus, Ohio, and founded in 1980 also said Monday it is seeking to sell the majority of its stores. Express, which is the parent of the Bonbons and UpWest brands, is shuttering a handful of its outlets in the process. In an announcement addressing its bankruptcy filing, the company said it plans to close 95 of its Express retail stores and all 10 of its UpWest stores ..read more
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Former Chicago Blackhawks player Patrick Sharp sells Lincoln Park condo for $715,000
Chicago Tribune » Business
by Bob Goldsborough
2d ago
Former Chicago Blackhawks left wing Patrick Sharp and his wife, Abby, on April 1 sold a condominium in Lincoln Park in an off-market deal for $715,000. A mainstay of the Blackhawks’ three Stanley Cup titles between 2010 and 2015, Sharp, 42, was with the Blackhawks for 11 of his 15 seasons in the NHL. He retired in 2018, and after working for a time as a broadcaster and coach, he joined the Philadelphia Flyers’ front office last year. Sharp bought the condo for $645,000 in 2007 from the building’s developer. The condo is in a building that has 16 units. Because the unit sold off-market, details ..read more
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Wind and solar in limbo: Long waitlists to get on the grid are a ‘leading barrier’
Chicago Tribune » Business
by Nara Schoenberg
2d ago
Ninety miles west of Chicago, the corn and soybean fields stretch to the sky, and dreams of the clean energy future dangle — just out of reach. To the east of Route 52, there’s the first phase of the 9,500-acre Steward Creek solar farm, in the works since 2019. To the west, there’s South Dixon Solar, which once hoped to begin construction on 3,800 acres in 2022. Both projects have been approved by the Lee County Board. But neither can be built, according to a county official, due to PJM Interconnection, a powerful but little-known entity that controls access to the high-voltage electric grid i ..read more
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Evergreen Park students leading the charge as MVCC seeks to fill industry demand for welders
Chicago Tribune » Business
by Susan DeGrane
3d ago
Wearing welding masks and protective gear, nine students from Evergreen Park Community High School used arc welders and two different size welding rods to create metal T-joints during an annual high school welding competition in February at Moraine Valley Community College in Palos Hills. Their fine craftsmanship placed the school first in a competition that also drew the participation of another 55 students from Argo, Joliet West and Stagg high schools. “Argo and Stagg were good too, but Evergreen Park really crushed it,” said Dave Viar, welding instructor and mechanical technologies developm ..read more
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City planners say it’s time to put Northwest Side’s Little Italy on the map
Chicago Tribune » Business
by Brian J. Rogal
3d ago
A long-running effort to turn a stretch of Harlem Avenue on the Far Northwest Side into a walkable showcase for Italian American businesses and culture like Little Italy’s Taylor Street is inching forward. City planners told the Chicago Plan Commission the 2-mile stretch between Grand Avenue and Irving Park Road can become a destination neighborhood like its Near West Side predecessor with improvements to the streetscape that can help attract visitors and new residents. That section of Harlem is the future home of the National Italian American Sports Hall of Fame, and already hosts many Italia ..read more
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Tesla recalling nearly 4,000 Cybertrucks because accelerator pedal can get stuck
Chicago Tribune » Business
by Associated Press
4d ago
Tesla is recalling 3,878 of its 2024 Cybertrucks after it discovered that the accelerator pedal can become stuck, potentially causing the vehicle to accelerate unintentionally and increase the risk of a crash. The accelerator pedal pad may dislodge and become trapped by the interior trim, according to a filing with the National Highway Traffic Safety Administration. The recall involves model year 2024 Cybertrucks made between Nov. 13, 2023 and April 4, 2024, according to the NHTSA. As of Monday, Tesla was not aware of any collisions, injuries or deaths related to the issue, the NHTSA said. Cyb ..read more
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