Alchemist City

Real Estate

West Side Voters Oppose Public Funding for Bears Stadium

A ballot referendum in Chicago’s 29th Ward has shown clear opposition to public funding for a proposed new stadium for the Chicago Bears.  With five out of eight precincts reporting, 79 percent of voters cast their ballots against the idea of taxpayer subsidies for the stadium, highlighting widespread resistance to

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Chicago City Council Greenlights 1200 W. Fulton St. Development

The Chicago City Council has approved a significant mixed-use development at 1200 W. Fulton St. in the Fulton Market District. Planned by JDL Development and Fulton Street Companies, the project will introduce two residential towers alongside commercial space, bringing new housing options and amenities to the area. Project Highlights in

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Dubai’s New 1,247-Foot Super-Thin Luxury Residential Skyscraper

A new residential skyscraper, the Muraba Veil, is set to rise in Dubai, offering a bold vision from RCR Arquitectes in collaboration with developer Muraba.  The slender design spans just 74 feet (22.5 meters) in width, a strikingly narrow profile that is stretching the limits (or rather shrinking) the new

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Federal Railroad Administration Opens $1B Rail Grant for States and Cities

The Federal Railroad Administration (FRA) is offering over $1 billion to states, cities, and public entities to enhance intercity passenger rail outside of the Northeast Corridor. Funded through the 2021 bipartisan infrastructure law, the initiative aims to improve rail infrastructure, reduce congestion, and expand reliable transit options in underserved areas,

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Baltimore Initiative to Develop Thousands of Vacant Homes 

Baltimore’s latest initiative is tackling its vacant housing problem by converting empty homes into affordable living spaces, aiming to reduce blight and expand housing options. $3 billion has been set aside by state and city funds, aimed to repurpose 13,000 vacant homes over the next 15 years.  Maryland Governor Wes

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Study Reveals 5.6 Million Vacant Homes in U.S.

Rising home prices in the U.S. are often attributed to a significant housing shortage.  A new LendingTree study reveals a surprising twist in the housing market saga: there are 5.6 million vacant homes in the U.S. right now. The study ranked the 50 largest metros by vacancy rates, showing that

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