Bridging the affordability gap in Chicago
There are three hurdles that have historically made affordable housing difficult to develop in Chicago: rising costs of construction, the building code and the competing…
McHugh Construction
Belgravia Group releases condos for immediate move-in at Renelle on the River in Chicago
Belgravia Group has released nine residences for immediate move-in at Renelle on the River, the developer’s 18-story, 50-unit luxury condominium building nestled along the Chicago…
Sterling Bay nets largest sale this year with $412M disposition of McDonald’s HQ
Sterling Bay and institutional investors advised by J.P. Morgan Asset Management have completed the sale of 110 N. Carpenter, a 575,000-square-foot, newly constructed office building…
First look at NEMA Chicago’s Skyline Collection
NEMA Chicago unveiled the Skyline Collection—two- to four-bedroom residences on floors 49 through 76. The residences feature a private entrance and dedicated lobby, exclusive amenity…
Work-from-home space opens at NEMA Chicago
While it feels like it’s been a work-from-home year for most of us, this week is officially National Work From Home Week. The timing coincides…
Fifield Cos. begins leasing at Westerly in Chicago’s River West
Chicago-based developer Fifield Cos. announced leasing has begun at Westerly, its 188-unit mixed-use apartment development at 740 N. Aberdeen Street in Chicago’s River West neighborhood,…
Farpoint and Golub reveal upgrades to Bronzeville rental property, Prairie Shores
The owners of Prairie Shores apartments in Chicago—Farpoint Development and Golub & Company—have announced plans for a new resident clubhouse on the campus of the…
New name and new look for Fifield Cos.’ Westerly luxury apartment development in Chicago’s River West
Chicago-based developer Fifield Cos. announced the name Westerly for its development at 740 N. Aberdeen Street in Chicago’s River West neighborhood. Opening this fall, the…
Construction costs are down, but uncertainty overshadows opportunity
Between June and December of 2008, steel prices fell 40 percent. In fact, throughout what would be the worst economic decline since the Great Depression,…
Local contractors participate in nationwide coronavirus safety effort
Today, more than a dozen Chicago-area construction companies are taking part in Safety Stand Down, a nationwide initiative of the Associated General Contractors of America.…