Chicago Approves $26.2 Million of TIF Funding for Adaptive Re-Use of 208 S. LaSalle
GG+A is proud to have contributed to the successful funding awards for the adaptive re-use of 208 S. LaSalle in the Chicago Loop. The LaSalle Residences will convert a portion of the office building into 228 units of mixed-income housing. The project has been awarded $71 million in tax-exempt housing revenue bonds (4% LIHTC) and… Read More
Several Companies Line Up to Bid on Massive State Land Holding
GG+A is proud to have assisted the State of Arizona Land Department in the evaluation of prospective bidders for the 2,300 acres of state land surrounding the Taiwan Semiconductor Manufacturing Co. campus in Phoenix. https://www.bizjournals.com/phoenix/news/2024/05/13/bidders-state-land-phoenix-tsmc.html
Congrats to MZ Capital Partners on obtaining entitlements for its new 147-unit apartment community
GG+A was pleased to provide pre-development analysis for the project and to assist with a reduction in development impact fees for the 147-unit development in Mundelein, Illinois. https://www.dailyherald.com/business/20220823/apartment-buildings-to-replace-private-school-122-year-old-house-in-mundelein
“Fixing the housing needs in Sheridan County is going to be a public/private process, so this will hopefully give us the tools we need to get going on it”
$26.8 million redevelopment of downtown Mount Prospect shopping center gets OK from board
Gruen Gruen + Associates congratulates the development team on the approvals of the redevelopment agreement and financial incentives. GG+A acted as the developer’s real estate economist and demonstrated the need for the incentives to bridge a feasibility gap. The incentives were the most the Village has offered for a downtown redevelopment. https://www.dailyherald.com/news/20210303/268-million-redevelopment-of-downtown-mount-prospect-shopping-center-gets-ok-from-board
Finney County Seeing Significant Retail, Job Growth
Gruen Gruen + Associates prepared a retail base enhancement strategy for Garden City, KS in 2014. The study has proved accurate and useful, as outlined in a Garden City Telegram article: https://www.gctelegram.com/news/20191004/finney-county-seeing-significant-retail-job-growth
