Google Confirms $105M Purchase of Thompson Center

In a press conference on Wednesday, it was revealed that the state has reached an agreement with Google for the sale of the famed Thompson Center. Google will buy the entire building for $105 million following renovation by other organizations and the Thompson Center will be redeveloped as an office suite for Google’s workforce. Google welcomed its workforce back to offices in April and has expressed plans to add thousands more workers.

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Demolition Permits Issued for 2713 S Union Avenue in Bridgeport

A demolition permit was issued earlier this week for a two-story multi-unit building located at 2713 S Union Avenue in the Bridgeport neighborhood. The owners have been listed as Nicholas and Samantha Chin. At the time of this writing, no plans have been submitted to upgrade any of the zoning designations for this property and there are no pending permits for any future constructions.

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Aerial View of 150 E Ontario Street. Rendering by Lucien LaGrange Studio

150 E Ontario Street Receives Foundation Permit in Streeterville

A foundation permit has been issued for the planned 150 E Ontario Street, kicking off the first high rise to be built in Streeterville in several years. Filling in a long-vacant patch of land within an otherwise dense downtown segment, the new construction will be a 28-story hotel for the Spanish hotel chain RIU Hotels and Resorts. The Prime Group is the developer for this proposal, having also contributed $2.9 million to the Neighborhood Opportunity Fund alongside the project.

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