Business

Tech center marks 20 years of startups

Evanston's Technology Innovation Center -- now financially independent of Northwestern and the City -- is marking its 20th year of providing advice and a home for new businesses. The Chicago Sun-Times reports the center now has nearly 50 companies with over 200 employees at its two Evanston locations.

Brits buy Church Street Plaza stake

The London-based Grosvenor Group, a real estate investment firm led by the Duke of Westminster, reportedly is acquiring just under half ownership of the Church Street Plaza development, which includes the Century Theatres complex and the Borders Books and Music store.
Crain's Chicago Business estimates the value of the deal at around $30 million. The developer of the complex, Arthur Hill, retains the remainder of the ownership interest.

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