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Chicago Tribune Inside Commercial Real Estate Column.

Knight Ridder/Tribune Business News, September, 2004

By Thomas A. Corfman, Chicago Tribune Knight Ridder/Tribune Business News

Sep. 29--UNION STATION PROJECT TO GET NEW DEVELOPER: Frustrated by a lack of progress on a proposed mixed-use redevelopment of Chicago's Union Station, cash-strapped Amtrak is beginning the search for a new developer, putting a formal end to a deal with Prime Group Realty Trust that fizzled shortly after it was announced more than two years ago.

The historic station, built in 1925, occupies the block bounded by Jackson Boulevard and Canal, Clinton and Adams Streets.

The national passenger railroad has hired a new adviser, WWII LLC, a consulting firm whose principals include Robert Wilmouth, the former president and chief executive of the National Futures...

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