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Working Lunch Thursday, August 7, 2025 | | |
| | It's lunchtime, Chicago. The Logistics Campus in Glenview, the redeveloped former home of Allstate along the Tri-State Tollway, has landed its second major tenant. A bottling division
of Pepsi Beverages signed a lease for a 351,520-square-foot warehouse to be built at the far southern end of the campus. While the five-building first phase of the sprawling development remains mostly empty, the Pepsi warehouse is breaking ground on the planned second phase, with the lease beginning in February. And in housing news, the U.S. Department of Housing and Urban Development is dropping its investigation into whether or not aldermanic perogative, which typically gives Chicago aldermen the final word on zoning decisions in their ward, resulted in housing discrimination. Read that story and more in today's Working Lunch. Top business stories | Real estate | Transportation | | While the five-building first phase of the sprawling development remains mostly empty, the Pepsi warehouse is breaking ground on the planned second phase. | | | In a letter HUD sent Wednesday to the complaining parties, which was obtained by the Tribune, the agency said it was closing the case to instead focus on “real concerns regarding fair housing.” | | | Shares of Intel slumped Thursday after President Donald Trump said in a social media post that the chipmaker’s CEO needs to resign. | | | President Donald Trump began levying higher import taxes on dozens of countries Thursday. | | | A century after they first rolled out, Ford Motor Co.’s Model Ts are still plying the roads. | | | |
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