The primary goal of the self-tax is to supercharge Chicago's tourism push, with the estimated $40 million in annual revenue more than double the annual budget.

Transwestern Real Estate Services has unveiled plans to relocate its Chicago office to 123 N. Wacker Drive, signing a long-term lease for 35,000 square feet for the tower’s penthouse. The brokerage firm plans to take occupancy this fall.

A man was due in court Monday in a shooting that left one man dead and another wounded on a CTA 'L' train in downtown Chicago last month.

The increase in the city’s 17.5% hotel tax would more than double the marketing budget for the convention and tourism agency known as Choose Chicago. The agency's budget is dead last among major convention cities.

Aldermen offered resounding support for a new Tourism Improvement District, a self-tax on downtown hotel stays that would bolster the city's tourism marketing dollars.

If you’re planning to ring in 2026 downtown, expect packed crowds and a heavy police presence as Chicago rolls out its biggest New Year’s Eve celebration in decades. City leaders finalized safety and logistics plans this week as the countdown to Wednesday night continues.

Protesters carrying signs with messages against U.S. military activity in Venezuela and ongoing ICE operations shut down Michigan Avenue Saturday.

As reported by Crain's Chicago Business, Transwestern’s new lease at 123 N. Wacker covers about 35,000 square feet across the three highest floors in the building and consolidates space it had been splitting between 200 W.

United Airlines flight attendants picketed outside Chicago's Willis Tower Thursday morning as they fought for a new contract.

Real Capital Solutions acquired 401 N. Michigan Ave. in Chicago for $132.5 million, representing a 77.8% discount to replacement cost. The 35-story, Class-A office tower and subterranean parking garage is located along the Chicago River’s north bank in downtown Chicago and marks RCS’s first investment in the downtown Chicago market this cycle.