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Related Companies enters into joint venture on 111 West Wacker Drive, firm to redevelop property as luxury rental building

Related Companies today announced that it has entered into a joint venture agreement with Clark Wacker LLC on a development site at 111 West Wacker Drive in Chicago, Illinois. Related plans to redevelop the property as an approximately 500-unit luxury rental complex that will include on-site…
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Related Midwest resumes construction of 111 West Wacker Drive

Re-Imagined to become Chicago’s Premier Luxury Residential Tower 60-story Building Represents Visible Recovery of Real Estate Market CHICAGO – Today, Alderman Brendan Reilly of the 42nd Ward and Commissioner Andrew J. Mooney, of the Chicago Department of Housing and Economic Development joined…
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Governor Quinn salutes downtown Chicago development and workers making it happen

Governor Pat Quinn today saluted the developers and workers on the 111 West Wacker project in downtown Chicago. The $180 million project by Related Midwest has employed more than 1,000 skilled construction workers and is transforming a long-vacant and partially-completed building into a new…
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Related California announces new market-rate residential division to be led by veteran real estate executive Greg Vilkin

Related California, the West Coast Affiliate of Related Companies, today announced that veteran real estate executive Greg Vilkin will join the company as President of Related California Urban Residential, a newly formed division, and as a member of the senior executive team. In the newly created…
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Related Companies awards first Parkway Gardens Scholarship

Related Companies, along with Related Affordable and Related Midwest, have awarded the first annual Parkway Gardens Scholarship, a $5,000 grant to support individuals pursuing a higher education. The recipient, Parkway Gardens resident Tumora Grayson, was awarded the scholarship in recognition of…
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Related Companies announces investment in Conrac Solutions, leading private operator, developer and financier of consolidated rent-a-car solutions

Related Companies, one of the world’s most prominent private real estate firms, today announced that Related Fund Management has made an equity investment in Conrac Solutions, the leading private operator, developer and financier of airport consolidated rent-a-car facilities (ConRACs). Today’s…
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Related, Brookhaven Rail Partners and Stephens complete acquisition of Pioneer Railcorp, a premier owner of short-line railroads and railroad-related businesses

Related Fund Management, Brookhaven Rail Partners and Stephens Capital Partners LLC today announced the acquisition of Pioneer Railcorp (OTC: PRRR, “Pioneer”), a railroad holding company that owns short-line railroads and several other railroad-related businesses including a railroad equipment…
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San Francisco Mayor London Breed and city officials celebrate topping out of new city building at 49 Van Ness

Mayor London N. Breed today joined City officials for the topping out ceremony of the new civic office building at 49 South Van Ness Avenue, marking the completion of the building’s steel frame. The new building will have office space for approximately 1,800 City employees from several departments…
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