Jones Development, a Kansas City-based industrial real estate development company, has announced two internal promotions and a new role for its founder Kevin Jones. Nick Jones will now serve as President while Cameron Cooper is promoted to EVP of Development. Kevin Jones will take on the position of Chairman of the Board. The second-generation firm specializes in build-to-suit and speculative facilities across the U.S. and Canada.

Colliers has welcomed Frank Franzese as Vice Chair and Steven Bauer as Executive Vice President to their Chicago office where they will continue working together on corporate assignments throughout the country. The duo previously worked at Cushman & Wakefield for over 15 years, completing transactions valued at over $30 billion for notable clients such as Medline Industries, NiSource, UBS, iManage,and Quarles & Brady.

Hilco Redevelopment Partners has appointed four national leaders to their corporate advisory board: Dr.Judith Rodin (President Emerita of University of Pennsylvania), Lieutenant General Thomas P.Bostick (Ret.), Ron DeGregorio (former CEO of NET Power),and Michael K.Ohm (environmental attorney). These additions bring valuable expertise to Hilco’s team.

Sage West Loop , an 18-story high-rise with luxury apartments located in Chicago’s West Loop district recently celebrated its grand opening thanks to developer Tandem Partners and KTGY who designed it.

The NASCAR Chicago Street Race is set to return in 2024 after Mayor Brandon Johnson announced that NASCAR officials have agreed cover all costs incurred by staging this event at Grant Park on July 6-7th.

Chicagoans can look forward to exciting developments happening within their city! From internal promotions at top real estate firms like Jones Development and Colliers,to new appointments at Hilco Redevelopment Partners,the region continues attracting top talent from around the nation.Furthermore,Sage West Loop,a mixed-use high-rise,is now open offering luxurious living options.And in 2024,the NASCAR Chicago Street Race will return to Grant Park,bringing with it all the excitement and energy of this popular event. Stay tuned for more updates on these exciting developments happening in Chicago and the Midwest region!