Rosemont buying corner property at gateway to town, plans to level former diner, sports barRosemont is buying a dilapidated corner property at the edge of O'Hare International Airport and the village's western gateway to town.
Coworking space coming to Wheaton's Sandberg buildingCity council members have given the go-ahead for a coworking company to develop shared office space in a prominent Wheaton storefront that for years had been a sports memorabilia and men's clothing shop owned by the late businessman Robert Sandberg.
Kemper Lakes Business Center sells for $190M, highest price for suburban office site in 17 yearsThe Kemper Lakes Business Center in southern Lake County has been acquired for $190 million, the highest price paid for a suburban office property in 17 years.
Northwest Community Hospital proposes cancer center in SchaumburgNorthwest Community Healthcare has proposed construction of a $86.8 million cancer treatment center on a portion of the sprawling former Motorola Solutions campus in Schaumburg.
Toms Price Home opening new flagship showroom in Oak BrookThe fourth-generation owners of Toms Price Home are growing the family business with a new showroom slated to open this summer near the Oakbrook Center shopping mall.
Dow drops 1,164 points, or 3.6%, as Target's woes renew inflation fearsThe Dow Jones Industrial Average sank 1,164 points Wednesday, or 3.6%, as big earnings misses by Target and other major retailers stoked investors' fears that surging inflation could cut deeply into corporate profits. Target lost a quarter of its value, dragging other retailers down with it, after saying its profit fell by half in the latest quarter as costs for freight and transportation spiked. That comes a day after Walmart cited inflation for its own weak results
More Suburban Business News
West Dundee trustees approve incentives to assist with restaurant projectWest Dundee trustees have approved an agreement with $300,000 in assistance for a $3 million project to transform a shuttered Chili's into The Assembly Cafe & Bar's second location. The popular Hoffman Estates eatery, known for its burgers and ribs, hopes to open the West Dundee restaurant by early 2023.
St. Charles loosens video gambling rules for businessesThe city of St. Charles will no longer require businesses to wait a year to apply for a video gambling license.
Car wash proposed for dormant Buffalo Grove restaurant siteA new car wash could give a fresh sparkle to a former restaurant site that has been gathering dust on Milwaukee Avenue in Buffalo Grove.
CFC expands cannabis facility construction businessNorthbrook-baseed Cannabis Facility Construction, a national cannabis facility design-build construction firm, said it has built a new Country Grown Cannabis medical dispensary for Harvest Care Medical in West Virginia.