Sterling Bay

Sterling Bay Plans Property Sales for Lincoln Yards Megadevelopment

Sterling Bay is seeking a financial partner for the Lincoln Yards megadevelopment and is planning to sell land adjacent to the 53-acre site to meet debt repayment deadlines. CBRE has been hired to sell properties at three locations,1907 N Mendell Street, 1901 N Elston Street and 1500 W Cortland Avenue, which were initially part of the $6 billion mixed-use project. Amid financial difficulties, Sterling Bay has been selling properties, including an industrial property sold last year for $4 million, Crain’s Chicago Reported.

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Plans Revealed For Potential Mixed-Use Tower At 345 N Aberdeen Street In West Loop

Initial plans have been revealed for a potential mixed-use development at 345 N Aberdeen Street in the West Loop. The information comes as developer Sterling Bay submits a zoning application for the site, which currently holds the Cougle Commission factory. However the developer is selling the site, using the Gensler-designed project to rezone it as part of the sales package.

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New Renderings Revealed For 370 N Carpenter Street In West Loop

Renderings have been revealed for the mixed-use development at 370 N Carpenter Street in the West Loop. Developer Sterling Bay held a community meeting for the project earlier this week where we received a first look at what the finished product may look like. Sitting on the intersection with W Kinzie Street, the project replaces a small industrial building with a new tower designed by HPA.

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