News

Lincoln Common welcoming four new retail tenants

August 20, 2019

Staff Writer | RE Journals

Four new retail tenants—Dearborn Denim & Apparel, Blowout Junkie, Pharmaca and Verve Wine—will soon arrive at Lincoln Common in Chicago’s Lincoln Park neighborhood. Co-developed by Hines and McCaffery Interests, the property recently leased retail space to Velvet Taco, Philz Coffee, Athletico, Compass, Play2Day, Kohler Waters Spa and the project’s anchor, a 33,000-square-foot Equinox.

Lincoln Common Announces Newest Retail Tenants

August 1, 2019

Lincoln Common, the new crossroads of Lincoln Park, today announced its newest tenants: Dearborn Denim & Apparel, Blowout Junkie, Pharmaca and Verve Wine, coming soon to the community. The new storefronts join the quickly growing roster of Lincoln Common retailers, including the 33,000-square-foot Equinox Lincoln Common anchor, Velvet Taco, Philz Coffee, Athletico, Compass, Play2Day, and Kohler Waters Spa.

A peek inside Lincoln Common: Near-identical apartment towers offer luxury living at former Children’s Memorial Hospital site

July 22, 2019

Pamela Dittmer McKuen | Chicago Tribune

When Children’s Memorial Hospital moved from Lincoln Park to Streeterville in 2012, a prime chunk of Lincoln Park real estate went up for grabs. That 6-acre, mostly triangular parcel at the crossroads of Halsted Street and Fullerton and Lincoln avenues, is now a mixed-use development anchored by a duo of sleek 20-story residential towers. Collectively, they are The Apartments at Lincoln Common.

As Lenders Turn From Retail, Other Sectors Take Its Place

July 10, 2019

Brian Rogal | Bisnow Chicago

“There is a ton of money out there, in fact, there is more money than there are deals. We’re a very conservative institution in terms of what we pursue, and there are deals we walk away from, and then we later found out someone else found money for it.” His company recently welcomed the first residents to The Apartments at Lincoln Common, a 538-unit community it developed with Hines in Lincoln Park.

All Of The New Restaurants, Shops And Redevelopment Projects Coming To Pittsburgh

June 26, 2019

Larry Richert & John Shumway | KDKA News

Strip District Ground just broke on a project at the old produce terminal. Pollock says the Strip is doing very well right now and is transforming with more retail, residential business and restaurants.

Q&A: Dan McCaffery

June 18, 2019

Matt Baker | RE Journals

Dan McCaffery has had a celebrated career in real estate spanning thirty years. He currently serves as CEO of McCaffery Interests, the firm he founded in 1990 that is behind a number of projects in Chicago and around the country. He spoke with us recently about his latest projects—including the recently completed Twelve01West in Fulton Market and the under construction Lincoln Common in Lincoln Park—as well as how the industry has changed, lessons learned and what motivates him when it comes to real estate development.

Stores in Pittsburgh’s landmark Produce Terminal could move in by October

June 11, 2019

Bob Bauder | Trib Live

“If you’re Italian and from western Pennsylvania, this building connects to you directly,” Peduto said Tuesday. “It’s going to see another 100 years. We’re going to give her a brand new use and this building will be the lifeblood of the regeneration and rejuvenation of all along the Allegheny River from the Strip into Lawrenceville and all the way into Downtown.” Peduto was among dozens of public officials and dignitaries on hand for a ceremonial groundbreaking of the historic terminal building that once provided fresh produce throughout this end of the state. Chicago-based McCaffery...

Groundbreaking looks to future for Strip District Terminal and 1600 Smallman development projects

June 11, 2019

Bob Mayo | WTAE Pittsburgh's Action News 4

For decades, Pittsburghers had known the property in the 1600 to 2100 blocks of Smallman Street as a produce terminal but now the Strip District Terminal and the former warehouse known as 1600 Smallman have marked a new beginning with a groundbreaking Tuesday that is looking to the Strip District's future.

Officials Say Strip's Produce Terminal Will 'Complement' Not Compete With Penn Ave. Merchants

June 11, 2019

Margaret J. Krauss & Rachel Gobep | Pittsburgh's NPR News Station

A full rehabilitation of Pittsburgh’s Produce Terminal is expected to be completed in August of 2020. City and county officials gathered in the Strip District on Tuesday to celebrate the building’s future. Small cocktail tables dotted the now-empty terminal, separated from construction vehicles and debris by a temporary stage. A three-piece band warmed up as waiters circulated with glasses of water. Standing just inside one of the old unloading docks, Mayor Bill Peduto said restoring the building is the linchpin to continued growth of the Strip.

'We’re going to give her a brand new use.' Produce terminal rehab finally hits its stride

June 11, 2019

Mark Belko | Pittsburgh Post-Gazette

The developer on Tuesday joined a host of dignitaries and stakeholders for the official groundbreaking of the terminal rehab and a companion office and retail project at 1600 Smallman across the street. Together, the redevelopments are expected to total $100 million. Construction on both started earlier this year. But Tuesday was reserved as the day to officially extol the potential virtues of the terminal redevelopment and to fret about the challenges.

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