The remaking of North Michigan Avenue will take another step forward next year with the opening of a new two-story Chase/J.P. Morgan banking center in a former clothing store across from the Water Tower.

Here’s a look back at what happened in the Chicago area on Dec. 17, according to the Tribune’s archives.

Medline’s initial public offering of stock is one of the largest of the year. The Northfield company sold about 216 million shares at $29 a piece.

Citadel is shrinking its footprint in Chicago three years after billionaire owner Ken Griffin left for Florida, moving the company’s remaining operations in the city out of the downtown tower that was named for it, according to people familiar with the matter.

Kraft Heinz has named veteran Chicago-based executive Steve Cahillane as CEO beginning Jan. 1, taking the reins of the packaged food giant as it prepares to split into two companies.

Former Chicago Cubs relief pitcher Pedro Strop on Dec. 11 placed his five-bedroom, 3,700-square-foot house in the Northwest Side Portage Park neighborhood on the market for $900,000.

Gov. JB Pritzker on Tuesday celebrated his enactment of a new law that advocates say will avert catastrophic service cuts on Chicago’s public transit systems and make the region’s trains and buses safer and more reliable — even as he acknowledged “transformation takes a little bit of time.”

The committee’s vote Tuesday followed a decision by a federal vaccine advisory committee earlier this month to no longer recommend hepatitis B vaccines for all newborns.