Lincoln Yards, one of the most ambitious real estate projects ever proposed for the city’s North Side, was approved Thursday by the Chicago Plan Commission, an important step toward reshaping the city’s skyline and a large swath of land along the Chicago River.

Sterling Bay’s $6 billion plan for about 55 acres of riverfront land was approved during the commission’s monthly meeting. — Chicago Tribune

The rapid transformation of downtown Los Angeles’ skyline is being fueled in good measure by huge investments from Chinese companies eager to burnish their global brands and capitalize on L.A.’s real estate boom.

Now some of those projects have become a focus of federal agents seeking evidence of possible bribery, extortion, money laundering and other crimes as part of a corruption investigation at City Hall. — Los Angeles Times

With a $630-million construction loan in hand, Related Cos. will begin site preparation this month for The Grand, a long-awaited Frank Gehry-designed tower complex in Downtown Los Angeles. 

The approximately $1-billion development, slated to replace a parking structure across the street from Walt Disney Concert Hall, was conceived more than a decade ago as a public-private partnership between Related and various city and county agencies.  — urbanize.LA

JMF Development Co. [...] hopes to construct a 53-story tower on the vacant, L-shaped lot which wraps the historic structure. [...]

Arquitectonica is designing the proposed 784-foot-tall glass-and-steel tower, which is highlighted by a collection of cantilevered, glass-bottom pools for residents on the building's upper levels. While some of the protrusions would extend over the Pershing Square Building, none would hover above the public right-of-way. — Urbanize LA

This week, the Navy Yard released new renderings and an expanded master plan that shows a 30-year plan for the complex. Developed with the multidisciplinary design firm WXY, the master plan includes three new buildings totaling 5.1 million square feet [...]. The plan also includes increased public access to the complex, including retail and open space, and improved wayfinding and circulation. The expected cost is $2.5 billion, coming on the heels of a nearly complete $1 billion expansion. — Curbed NY

At its current rate of growth, Brooklyn is about to be more populous than the entire city of Chicago.

Saying “we need more housing” is a given, but no one agrees on where, how high, and for whom. And New York has been later to that discussion than San Francisco, Seattle, and Los Angeles: While the city is building housing, technically, it is nowhere near enough to meet the needs of 144,000 new Kings County residents since 2010. — Curbed New York

In the second quarter of this year, investment spending by the federal government dropped below 1.4 percent of gross domestic product for the first time since the 1940s, according to the latest data from the Bureau of Economic Analysis. OK, at 1.397 percent, it wasn’t much below, and federal government investment as a share of GDP isn’t exactly a closely watched economic indicator. But the decline through the decades is still pretty striking... — bloomberg.com

Eunpyeong Hanok Village was selling locals hanok, the traditional Korean tile-roofed residences that have, after hundreds of years, increasingly been destroyed and replaced by towering steel structures; indeed, not since the 1930s have hanok been constructed in significant numbers.

The decline of vernacular architecture in the face of global urbanization is, of course, hardly new, though traditional Korean hanok are a particularly stark contrast to modern city living. — The New York Times

The environmental review period for the $1-billion Hollywood Center development has kicked off, and an initial report for the project offers up new details on what's to come.

The proposed mixed-use complex, slated for 4.5 acres of surface parking that wraps the iconic Capitol Records Building, would consist of four new buildings containing a total of 1,005 residential units - including 133 apartments to be set aside for extremely-low- and very-low-income seniors. — urbanize.la

Created by architects Raumlabor, the Floating University in Berlin invites students and experts from all over the world to explore solutions for future urban challenges. It’s said that the things we learn at university today will be outdated by the time we graduate. So what does a learning environment look like where students research cities of the future? — popupcity.net

Skyscrapers as tall as 70 stories are part of a developer’s ambitious plan to bring 23,000 jobs and 5,000 homes to the Chicago River on the city’s North Side.

Those are among new details that Chicago developer Sterling Bay unveiled Wednesday night during the long-anticipated first public meeting for its planned Lincoln Yards project, a more-than-$5 billion development planned for at least 70 acres along the river between Lincoln Park and Bucktown [...]. — Chicago Tribune

Whether these new apartment buildings can endure another major storm does not seem to be a concern for most residents, who are glad to have new options in inventory-starved markets. Critics, though, ask whether the neighborhoods can withstand the surge of new development and the stress it will add to an already strained infrastructure. These new buildings might remain unscathed in a flood, they say, but what about the damage caused by the torrent around them? — The New York Times

A dramatic shift is underway on the Williamsburg waterfront: The ruins of the former Domino Sugar Refinery, a neighborhood landmark since the 19th century, are in the process of being transformed into an 11-acre megaproject. Four new buildings are on the way, as is a renovation of the massive factory building [...]

Domino Park, a six-acre green space that hugs the edge of the development, opens on June 10. — Curbed NY