gradient
gradient

Greg Hummel has helped clients get to yes in a range of complex projects and transactions over his 40-plus years of law practice. These positive outcomes often involve finding gap funding necessary to make deals feasible, identifying sources of recurring revenue to anchor a project’s development and ultimate operation, achieving regulatory relief or the necessary permits to allow projects to proceed, or driving consensus among key stakeholders to achieve critical agreements.

This dealmaking ability arose from Greg’s varied experience and thought leadership. For the first 20 years of his career, Greg practiced as counsel to some of the nation’s largest real estate developers and lenders, undertaking complex real estate projects and transactions. He then focused on drafting and negotiating design and construction contracts for institutional owners that revitalized their holdings or program and construction managers overseeing complex projects. In the last 20 years, Greg has acted as either underwriter’s or bond counsel for investment banks or municipalities providing infrastructure to master planned communities or undertaking brownfield redevelopment or other economic development and job creation activities.

Today, he combines this experience in a public-private partnership practice where he represents states, territories, counties and municipalities in complex redevelopment or infrastructure projects or when he acts for major companies seeking incentives for new headquarters, distribution centers, call centers, R&D facilities and the like.

His thought leadership is marked by writing and speaking on a range of timely legal and business topics including, most recently, Trump infrastructure planning. He has been an Urban Land Institute trustee and foundation governor since 2001. He helped found the American College of Construction Lawyers in 1989 and today leads its P3 Task Force. The learning and relationships he has gained from these and other organizations enables Greg to discern trends, influence behaviors and, in some instances, develop trends. One notable area where today he is helping to shape trends is social impact investing.

The bottom line - Greg skates to where to puck is going and keeps his eyes on the client’s goal. Clients value his ability to get to yes through his extensive knowledge base, strategic collaboration and creative problem-solving, all designed to help them meet their needs and achieve their business objectives.

Civic Involvement & Honors

    • Lutheran General Hospital Governing Board - Advocate Health Care System, Former Member
    • MacMurray College - Former Trustee
    • The Presbyterian Home - Life Trustee; Member – Finance Committee and Strategic Planning Committee
    • University of Chicago - Music Department Visiting Committee, former Member
    • Chicago Symphony Orchestra - Governing Board, former Member
    • Urban Land Institute - Trustee (2000-2009); Chair, Chicago District Council Infrastructure Committee; Member - ULI Infrastructure Initiative; Former Chairman, Public/Private Partnership Council; Former Chairman, Chicago District Council; Member - Public Development and Infrastructure CouncilUrban Land Institute Foundation - Governor
    • Illinois Leading Lawyers (Construction Law; Public Finance Law)
    • Super Lawyers (Bonds/Government Finance; Real Estate; Construction/Surety)
    • University of Chicago - Music Department Visiting Committee, former Member
    • Chicago Symphony Orchestra - Governing Board, former Member
    • Urban Land Institute - Trustee (2000-2009); Chair, Chicago District Council Infrastructure Committee; Member - ULI Infrastructure Initiative; Former Chairman, Public/Private Partnership Council; Former Chairman, Chicago District Council; Member - Public Development and Infrastructure CouncilUrban Land Institute Foundation - Governor
    • Illinois Leading Lawyers (Construction Law; Public Finance Law)
    • Super Lawyers (Bonds/Government Finance; Real Estate; Construction/Surety)
    • Illinois Leading Lawyers (Construction Law; Public Finance Law)
    • Super Lawyers (Bonds/Government Finance; Real Estate; Construction/Surety)
Read More

Professional Affiliations

    • American Bar Association Section of Real Property, Probate and Trust Law - Former Council Member
    • American College of Construction Lawyers – Founder and Former President
    • American College of Real Estate Lawyers - Former Chairman, Smart Growth Task Force
    • Chicago Central Area Committee - Board of Directors; Chair
    • ChildServ and Homes for Children Foundation - Board of Directors
    • Council of Development Finance Agencies - Steering Committee, Tax Increment Financing Coalition
    • Economic Club of Chicago - Member
    • Illinois Tax Increment Financing Association - Board of Directors
    • International Bar Association - Former Co-Chair, Committee on International Construction Projects
    • Lambda Alpha, Ely Chapter - Former President
    • ChildServ and Homes for Children Foundation - Board of Directors
    • Council of Development Finance Agencies - Steering Committee, Tax Increment Financing Coalition
    • Economic Club of Chicago - Member
    • Illinois Tax Increment Financing Association - Board of Directors
    • International Bar Association - Former Co-Chair, Committee on International Construction Projects
    • Lambda Alpha, Ely Chapter - Former President
    • Illinois Tax Increment Financing Association - Board of Directors
    • International Bar Association - Former Co-Chair, Committee on International Construction Projects
    • Lambda Alpha, Ely Chapter - Former President
Read More

Representative Experience

  • One Magnificent Mile mixed use general counsel, involving all aspects of a 58 story skyscraper including acquisition, design, construction, financing (both interim and permanent), leasing, condominiums formation and sale, all integrated via a reciprocal easement and operating declaration
  • Harold Washington Memorial Library design build counsel
  • Schal Associates construction management contracting counsel including the McCormick Place and Navy Pier and recladding of the Amoco (now Aon) Center projects
  • Target stores and distribution centers (in Wisconsin and Virginia) incentives counsel
  • Simon Community Centers, regional malls (Louisiana and New Mexico) and specialty retail (Forum Shoppes at Caesar’s in Las Vegas) incentives counsel
  • Prudential Towers 1 and 2 construction counsel
  • The Rookery acquisition and restoration counsel
  • Chicago Federal Reserve Bank renovation and expansion counsel
  • Joliet Arsenal Development Authority intermodal inland port redevelopment counsel
  • Sterling Riverfront redevelopment counsel
  • Whiteside County Wal-Mart distribution center project development counsel
  • Dix Park Raleigh, NC tax increment and redevelopment counsel
  • Island Crossing Shopping Center St. Croix, USVI Economic Development Authority counsel
  • Counsel to Alstom v. BNSF $70M arbitration (including interest) award and successful appeals upholding this award
  • U.S. Cellular call centers (Wisconsin, Oklahoma and Tennessee) and corporate headquarters deals incentive counsel
  • Sara Lee headquarters relocation incentives counsel
  • Kraft Heinz headquarters relocation incentives counsel
  • Willis Tower retrofit and United Airlines and Willis Insurance Group tax increment financing transaction co-counsel
  • Chicago TREND social impact business corporation general counsel
  • William Blair & Company underwriter’s counsel in more than twenty special district public finance transactions
  • Bond counsel in more than 20 tax exempt bond issues by Channahon, Gilberts, North Barrington, Sterling, Volo and other Illinois municipalities
  • Competitive Power Ventures incentives counsel on a 1.2MW state of the art GE gas-fired turbine project

Publications

  • "Trump's Infrastructure Plan Could Benefit Chicago—But We Must Act," (Co-author)
  • "To Push Chicago Ahead, Make It Easier to Get Around," (Co-author)
  • "Public Private Partnerships – The American Experience," American College of Real Estate Lawyers published paper (Author)
  • "Elements of a Predictable Pipeline for P-3 Projects," P-3 Bulletin (Co-author)
  • "Chicago Central Area Decarbonization Plan," (Contributing Author)
  • "Tax Increment Finance Best Practices Reference Guide," Community Development Authorities publication (Contributing Author)
  • "Illinois Real Estate Forms - Practice," (Co-author)
  • "Negotiating Design, Construction, Financing and Leasing Issues in Mixed Use Real Estate Developments," (Contributing Author/Editor)
  • "The Real Estate Development Process - Drafting and Negotiating Techniques," (Contributing Author/Editor)

Speaking Engagements

  • "The State of the Energy P3 Industry," National Council of Public Private Partnerships Meeting, Chicago, June 29, 2016
  • "Public Private Partnerships – The Social Infrastructure Opportunity," American College of Real Estate Lawyers, March 28, 2014
  • "Chicago’s Transformation into a Revitalized International Metropolis," Offices of the Mayor of Chicago and Governor of Pudong, Shanghai, China, April 22, 2011
  • "Public Private Partnerships: Evanston and Hanover Park, Illinois – The Tale of Two Cities," Metropolitan Mayors Caucus Transportation Committee, April 21, 2011, Addison, Ill.
  • "Term Sheets and Redevelopment Agreements," Council of Development Finance Agencies Webinar,  April 4, 2011
  • "Clusters – A Powerful Economic Development Strategy," Keynote Address, Spring 2011 Illinois Tax Increment Association Meeting, April 7, 2011, Normal, Ill.
  • "Infrastructure Game-Changers," Chicago Metropolitan Planning Agency, March 9, 2011, Chicago, Ill.
  • "Better Buildings – Energy Efficient Retrofits," North Shore General Counsel Association, Oct. 20, 2010, Vernon Hills, Ill.
  • "Infrastructure Game-Changers," Urban Land Institute Fall 2010 Meeting, Oct. 12, 2010, Washington, D.C.
  • "Energy Financing Districts," Council of Development Finance Agencies, Sept. 16, 2010, Washington, D.C.
  • "Tax Increment Financing – The American Experience," July 26, 2010, Sydney, Australia, given to Urban Development in Australia NSW Leadership, New South Wales Treasury and Planning Departments, and The U.S. Studies Center at the University of Sydney
  • "Tax Increment Financing – the American Experience," Thought Leadership Master Class on the Potential Use of TIF in New Zealand, July 21-24, 2010, Wellington, New Zealand
  • "Tax Increment Financing – The American Experience," Forum on Cross River Rail Project hosted by Clayton Utz, July 19, 2010, Brisbane, Queensland, Australia
  • "Tax Increment Financing – The American Experience," July 15, 2010, Honolulu, Hawaii
  • "Financing Models and Sources; Leasing, Performance Contracting, Cash-flow Lending," ComEd’s Energy Efficiency Expo, May 19, 2010, Rosemont, Ill.
  • "Understanding Your TIF Statute" and "Tax Increment Financing Case Studies: The American Experience," given at The Advanced TIF Course, Community Development Finance Agencies, Nov. 19, 2009, Washington, D.C., and also May 5, 2010, Milwaukee, Wis., to the Midwest Association of Economic Development Associations
  • "The Gap Analysis and The Art of the Deal," Illinois Tax Increment Association Fall meeting, Sept. 25, 2009, Chicago, Ill.
  • "Creative Approaches to Infrastructure: The Chicago and London Stories," 2008 Urban Land Institute Fall Meeting and Urban Land Expo, Oct. 29, 2008
  • "Whiteside County, Illinois: A Quadra-Modal Opportunity for an Inland Port," Sept. 21, 2007
  • ULI London Forum on Value Capture: "Tax Increment Financing – The American Experience," June 22, 2007
  • "A Tale of Two Towns: Chicago’s TIF Strategy and Volo, Illinois’ Special Service Area and Business District Strategy; Techniques for Negotiating Successful Redevelopment Agreements," Council of Development Finance Agencies/Tax Increment Financing Symposium, Washington, D.C., Nov. 7, 2006
  • "Chicago’s Downtown TIF Strategy," Chicago Central Area Committee, Sept. 4, 2006
  • "New Business District Act Presentation," Community Development Authorities Finance Seminar, Aug. 21, 2006, Washington, D.C.
  • "Beyond Kelo: Reexamining Eminent Domain in Today’s Challenging Planning Climate," DePaul University – The Chaddick Institute for Metropolitan Development, Jan. 25, 2006 (with Brian E. Martin)
  • "City of Sterling, Illinois: Redevelopment of Former 700-Acre Steel Mill," April 6, 2005
  • "12 Principles for Successful Public/Private Partnerships," Urban Land Institute, Spring 2005
  • "Science and Research Parks: Universities and Their Cities Take the Lead in Creating Jobs," Urban Land Institute, 1995 (Contributing Author)
  • "War Between The States - Economic Incentives or Give-Aways," Urban Land Institute, 1994 (Contributing Author/Editor)
  • "Financing Land Acquisition and Development," National Association of Homebuilders, 1989 (Contributing Author)