Crain's Chicago Business

Conor Dalton has more than 20 years experience in fine dining, most recently as head chef for Skof in Manchester.

The Chicago-based bank says the move would amount to the largest such conversion in industry history.

The sale is a rare nine-figure trade for an office property in the suburbs.

Opponents say the City Council should continue to negotiate better terms for residents.

Lundbeck, whose U.S. base has been in Deerfield since 2009, said it wanted to be near

Chicago Public Schools' student enrollment is down almost 4% since last year, threatening to further strain the district's already stretched budget.

Billionaire Mark Walter's firm is in talks with investors to raise money to help pay down loans on the books of its insurers that have drawn scrutiny from the Justice Department.

Bally's has threatened legal action if Chicago allows video gambling at bars and restaurants.

The properties are poised to benefit from added density and foot traffic when the $1 billion megaproject Foundry Park is built across the street.