Press Releases
Turner Selected by U.S. General Services Administration for the $110 Million Renovation of the E. M. Dirksen U.S. Courthouse in Chicago, IL
August 25, 2009 Posted by Turner
Renovation Will Improve Energy Efficiency of Historic Courthouse. New York, N.Y. - August 25, 2009 - (RealEstateRama) — Turner Construction Company, the nation’s leading general builder, has been selected by the United States General Services Administration to provide pre-construction and construction management services for the $110 million renovation of the Everett McKinley Dirksen U.S. Courthouse in Chicago, Illinois, which was constructed in 1964 and designed by Mies Van Der Rohe. The courthouse will remain in operation during the renovation, with work being performed at night and during the weekends. Completion of the renovation is scheduled for 2012.
Illinois Builder/Developer Named 2009 Chair of NAHB’s National Sales & Marketing Council
June 23, 2009 Posted by Illinois RealEstateRama
February 10, 2008 - (RealEstateRama) — Tom Stephani, MIRM, a custom home builder/developer and consultant from Crystal Lake, Ill., was named chairman of the National Association of Home Builders’ (NAHB) National Sales & Marketing Council (NSMC) board of trustees during the 2009 International Builders’ Show in Las Vegas last month. NSMC provides resources,
April Illinois Home Sales Signal Buyers Getting Off the Sidelines Statewide Sales Up 9 Percent; Median Price at $150,000
May 27, 2009 Posted by Illinois RealEstateRama
Springfield, IL - May 27, 2009 - (RealEstateRama) — The Illinois housing market posted its third consecutive month of home sales increases over the previous month helped by record low interest rates and buyer incentives including the homebuyer tax credit and improved affordability. According to the Illinois Association of REALTORS® latest report, total home sales (which include single-family and condominiums) were up 9.0 percent in April 2009 to 7,593 homes compared to 6,968 homes sold in March 2009. Overall, home sales were down 20.9 percent from April 2008 sales of 9,599.
President Signs Into Law Three Biggert-Inspired Provisions: Housing Counseling, Anti-Mortgage Fraud Funds, and Housing for Homeless Kids
May 21, 2009 Posted by Illinois RealEstateRama
Washington, DC - May 21, 2009 - (RealEstateRama) — Three measures that topped U.S. Representative Judy Biggert’s (R-IL-13th) list of priorities for 2009 were included in two bills signed into law by President Obama today. Biggert attended the signing ceremony at the White House where the President signed into law S.386, the Fraud Enforcement and Recovery Act of 2009, and S. 896, the Helping Families Save Their Homes Act.
Illinois Home Sales Improve as First Quarter Closes Statewide First Quarter Median Price at $146,000
May 12, 2009 Posted by Illinois RealEstateRama
SPRINGFIELD, IL - May 12, 2009 - (RealEstateRama) — March sales showed sizeable gains over February, yet tighter lending standards had a resounding effect on first quarter home sales, according to the Illinois Association of REALTORS® (IAR). Home sales (which include single-family homes and condominiums) totaled 16,748, down 23.5 percent from 21,902 home sales in the first quarter of 2008. The first quarter median home sale price was $146,000, down 21.1 percent from $185,000 a year earlier. The median is a typical market price where half the homes sold for more, half sold for less.
Governor Quinn Announces more than $21 million for Parks and Open Space
May 7, 2009 Posted by Illinois RealEstateRama
SPRINGFIELD, IL - May 7, 2009 - (RealEstateRama) — At the Illinois Association of Park Districts Legislative Conference in Springfield, Governor Pat Quinn announced $21.2 million in grants for 59 park development and land acquisition projects throughout Illinois.
Statewide March Home Sales Jump 35.5 Percent from February Illinois Median Price Up to $149,995
April 27, 2009 Posted by Illinois RealEstateRama
SPRINGFIELD, IL - April 27, 2009 - (RealEstateRama) — For the second-straight month, Illinois home sales increased over the month before and for the first time since June 2008 the statewide median home price also rose from the previous month.
Statewide Program to Award $15M to Help Low-Income Residents Afford Rent Payments
April 8, 2009 Posted by Illinois RealEstateRama
CHICAGO, IL - April 08, 2009 - (RealEstateRama) — Illinois’ innovative Rental Housing Support Program is entering a second year of helping low-income residents by providing nearly $15 million in additional grants to agencies and landlords across the state to lower rents to affordable levels.
Mayor Daley, U.S. Senator Dick Durbin Announce $12.3 Million for O’Hare Runway Work
March 31, 2009 Posted by Illinois RealEstateRama
Chicago, IL - March 31, 2009 - (RealEstateRama) — Chicago will receive $12,262,589 from the competitive grant portion of the federal economic stimulus program to improve a runway and taxiway at O’Hare International Airport, Mayor Richard M. Daley and U.S. Senator Dick Durbin said today.
Durbin Announces Nearly $10 Million in Recovery Act Funding for Illinois Airports
March 20, 2009 Posted by Illinois RealEstateRama
WASHINGTON, D.C. - March 20, 2009 - (RealEstateRama) — Assistant Senate Majority Leader Dick Durbin (D-IL) today announced that the Department of Transportation has awarded $9,731,580 in grants to airports in Rockford, Decatur and the Quad Cities.
HUD awards $20 million to continue revitalization at Chicago’s Stateway Gardens public housing development
March 12, 2009 Posted by Illinois RealEstateRama
Funding to bring new rental and homeownership opportunities for former residents
Crowne Plaza Hotel Opens Outside of Chicago
March 6, 2009 Posted by Illinois RealEstateRama
March 06, 2009 - (RealEstateRama) — IHG (InterContinental Hotels Group) [LON: IHG, NYSE:IHG (ADRs)], the world’s largest hotel group by number of rooms, today announced that the Crowne Plaza Chicago-Northbrook has opened, after undergoing a $16 million renovation and conversion from a Radisson.
Governor Quinn announces nine southern Illinois counties will receive federal aid for ice storm recovery
March 6, 2009 Posted by Illinois RealEstateRama
METROPOLIS, IL - March 06, 2009 - (RealEstateRama) —. On Thursday at 3:00 p.m., at the Metropolis Community Center, 900 West 10th St., Governor Pat Quinn formally announced that President Barack Obama approved the state’s request for federal assistance for nine southern Illinois counties that were damaged by a severe winter storm in January
Durbin Bill to Stem Record Foreclosures Included in Obama’s Housing Plan
March 3, 2009 Posted by Illinois RealEstateRama
CHICAGO, IL - March 03, 2009 - (RealEstateRama) — U.S. Senator Dick Durbin (D-IL) today called for passage of his Helping Families Save Their Homes in Bankruptcy Act, a bill he re-introduced in early January and named one of his top legislative priorities of the year.
Governor Quinn Joins with University of Illinois Community to Celebrate Signing of the Sustainable University Compact
February 19, 2009 Posted by Illinois RealEstateRama
CHICAGO, IL - February 19, 2009 - (RealEstateRama) — On Wednesday at 3:30 p.m. at the University of Illinois Urbana-Champaign Business Institutional Facility, Governor Pat Quinn joined the University of Illinois President, Chancellor and Trustee Chairman to celebrate the signing of the Sustainable University Compact by all three University of Illinois campuses to green their campuses.
