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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 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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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 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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Related’s The 78 to be site of planned Discovery Partners Institute

Illinois Governor Bruce Rauner reveals innovation plan with University of Illinois System; Related donates land to jump-start project. Illinois Governor Bruce Rauner and University of Illinois System President Tim Killeen today unveiled plans for an interdisciplinary public-private research and…
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Related Midwest, Magellan Development, Sterling Bay, Clayco, The Chicago Federation of Labor, and The Chicagoland Association of General Contractors announce first-of-its-kind loan fund for Chicago's minority small business owners

This unique program will advance opportunities for local businesses to secure access to capital. Related Midwest, in collaboration with Magellan Development, Sterling Bay, Clayco, the Chicago Federation of Labor, and Chicagoland Association of General Contractors, announced the creation of a…
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Uber Elevate announces partnership with Related Companies to develop skyports for Uber Air

Uber and Related release a skyport rendering in Santa Clara showcasing what aerial ridesharing hubs could look like in the future in the Bay Area. Today Uber Elevate announced that Related Companies will be its preferred development partner supporting its Uber Air network in the United States. As…
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Chicago developer Related Midwest names Related Companies’ Frank Monterisi as its chief operating officer

Monterisi, seasoned developer, leader, placemaker and former U.S. Marine captain, joins Related Midwest in newly created role, will oversee development and operations across asset classes Chicago-based Related Midwest has announced that Frank Monterisi will join its senior executive leadership team…
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