The Trump administration has put on hold $2.1 billion in Chicago infrastructure projects, Office of Management and Budget Director Russell Vought. Vought's announcement comes on the heels of two other ...
In a high-rate environment, developers on the South and West sides of Chicago innovated and used a piecemeal approach to nab project financing, playing a game where the rules favor the house. But now ...
Some key players in Chicago CRE are struggling to get new projects off the ground, and the high cost of capital isn't solely to blame. The sticking point is what they describe as a high-tax ...
CHICAGO (AP) — President Donald Trump’s administration will withhold $2.1 billion for Chicago infrastructure projects, the White House budget director said Friday, expanding funding fights that have ...
Chicago has always loved big plans. It is an enduring legacy of Daniel Burnham’s 1909 Plan of Chicago and his oft-quoted exhortation to “think big.” But “big” most certainly isn’t always better, and ...