The Real Estate Center and The Chaddick Institute at DePaul University are co-hosting “The Great Reset: Changing Dynamics of the Downtown Chicago Real Estate Market,” an in-person event from 9:00 to 11:30 am March 7 at the DePaul Center at 1 E. Jackson Blvd. in Chicago.
The program, the 20th annual event hosted by The Real Estate Center and The Chaddick Institute, brings together experts from the public and private sectors to examine the profound changes in downtown Chicago’s real estate market. Attendees will take part in interactive discussions with financiers, real estate experts, and city planners coming to grips with all the dramatic changes underway.
The co-hosts for the event, and the moderator of the discussions, are Reagan Pratt, Douglas & Cynthia Crocker Endowed Director of DePaul’s Real Estate Center, and Joseph Schwieterman, Director of the Chaddick Institute at DePaul University
“Chicago’s downtown real estate market has seen surging office vacancies and plummeting commercial property values coupled with rebounding consumer demand for residential units and tourism spending,” said Pratt. “It’s important for our industry to engage in candid conversations about the obstacles and opportunities we face and how we can move forward.”
The speakers at the event include, Michael Edwards, President & CEO, Chicago Loop Alliance; Lamont Robinson, Alderman, 4th Ward, City of Chicago; Regina Stilp, Founding Principal, Farpoint Development; Quintin Primo III, Founder & Executive Chairman, Capri Investment Group; and Derek Fohl, Senior Managing Director, Newmark.
“We’ll explore the varying prospects of different parts of the city, including Fulton Market, which continues to see much new construction, the push for office-to-residential conversions on LaSalle Street, and other developments that portend major changes in the Central Area,” added Schwieterman.
The cost to attend the event is $50 per person. Attendees can register on-line.
Previous conferences hosted by The Real Estate Center and The Chaddick Institute have included:
· Transformative Development Trends Along the Chicago River
· Shifting Commercial & Residential Real Estate Activity Between Chicago and the Suburbs
· Effects of COVID-19 on public transportation and the commercial real estate market
