The Old Post Office welcomes its first tenants next month, launching a new Chicago neighborhood.

The southwest edge of the Loop, for decades a sleepy buffer between downtown office skyscrapers and South Loop residential high-rises, is ready for its multibillion-dollar awakening. Just south of Willis Tower, Murphy Development Group is seeking anchor tenants to kick off construction of 50-story office towers alongside the existing 65-story skyscraper at 311 S. Wacker Drive. Read the full Chicago Tribune article here.

See photos inside new Cambria Hotel in downtown Milwaukee

The Cambria Hotel in downtown Milwaukee opened its doors in late August with the aim of attracting the younger crowd and offering hotel amenities that are unique in the area. Chicago-based Murphy Development Group LLC developed the ground-up project, and Raleigh, North Carolina-based Concord Hospitality is managing it. See the full article here.

Trading Hospital Rooms for Hotel Suites

John T. Murphy was recently quoted in a New York Times article regarding the growing hospital-hotel projects trend. Read the article here and view details regarding Murphy Development Group's Holiday Inn Cleveland Clinic project here.

Twin office towers planned on Wacker Drive

A venture led by Chicago developer John Murphy is buying two Wacker Drive parcels near Willis Tower where it plans to build twin 48-story office buildings. Murphy Development Group has a letter of intent to buy the parcels at 301 and 321 S. Wacker Drive from Oak Brook-based InSite Real Estate, Murphy said. Read the Crain's Chicago Business article here.

Old Cook County Hospital rehab gets thumbs up

Cook County commissioners endorsed a $550 million-plus plan to rehabilitate the long-shuttered old Cook County Hospital and surrounding area on the city's Near West Side. The development team plans to invest between $550 million and $700 million in the project, which would transform the 102-year-old Beaux Arts building into a hotel, restaurant and shops. Read the Chicago Tribune article here.