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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 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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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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Gloria Molina joins civic, artistic and community leaders to celebrate Grand Park opening, restoration of iconic fountain

Los Angeles County and City leaders joined with civic and business leaders and Los Angeles County residents today to celebrate the official opening of the first two blocks of Grand Park with a civic dedication. The event marks the culmination of 12 years of planning and collaboration championed by…
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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 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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Related Companies announces investment in Conrac Solutions, leading private operator, developer and financier of consolidated rent-a-car solutions

This transaction is among Related Infrastructure’s first investments. 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…
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