November 2018

There are 8 blog entries for November 2018.

With Amazon not choosing Chicago for its H2Q location, Sterling Bay has made some significant changes to its proposed Lincoln Yards megadevelopment in hopes of easing widespread concerns from the community regarding the mammoth size of the project. 

According to new reports from both Crain’s and the Tribune, the new Lincoln Yards proposal features fewer high-rises and a lot more open green space, which is something many throughout the surrounding community originally wanted when the project was first announced.  

Specifically, the new plan now has two fewer buildings and the max height for any tower in Lincoln Yards has been dropped from 70 stories and nearly 800 feet to right around 50 stories and 650 feet.  

Despite these changes, concerns over

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Aside from the freezing temperatures and snow-covered sidewalks, Downtown Chicago is a great place to be during the festive holiday season. Countless bars and restaurants around the city serve up some delicious seasonal drinks and cocktails, the long list of theaters all throughout Chicago all have their holiday shows playing right now, and let’s be honest—who doesn’t love to go ice skating in Millennium Park at least once during this time of the year? 

As most Chicagoans know, there’s hardly a shortage of things to see and do during the holiday season. But with everyone’s schedule also being just a little busier over the next several weeks, we also know it’s hard to squeeze in everything. And with that in mind, here’s a quick look at just a few of our

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There are plenty of amenities and attractions throughout Downtown Chicago that apartment hunters would love to be within walking distance from and Millennium Park for many is near the top of that list.

Along with all the year-round events and festivals that happen around Millennium Park, living nearby also means you’ll be just blocks from Chicago’s lively theatre district, the recently re-vamped Riverwalk, and some of the Windy City’s coolest bars and restaurants, like Cindy’s Rooftop, Tavern at the Park, and The Gage just to name a few.

So if you’re planning to be in the market for a new luxury apartment and living near Millennium Park sounds like the right place for you, take a closer look a 3 of the hottest apartment buildings you’ll find nearby.

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Chicago RentalsJust how long will downtown Chicago’s red hot apartment market last? It’s a question many of us continue to wonder, and one that we may have an answer to sooner rather than later.

Although demand for apartments is still strong thanks to downtown’s strong job growth in recent years, another increase in new construction apartment deliveries could result in oversupply in 2019 and beyond.

According to figures recently revealed in Crain’s Chicago Business, 4,400 new apartments are expected to wrap-up construction next year, and another 4,000 new units will also be finished in 2020 as well.

The good news, at least for now, is that with fewer apartments being built in 2018, there was at least some supply relief over the past 12 months, and the Class A apartment

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With the Thanksgiving holiday nearly upon us, food, family, and football is obviously on the brain to kick off the short work week. For some, there’s nothing quite like hosting a Thanksgiving feast, especially if you have the kind of kitchen needed to really do things right. And while images of a sprawling kitchen found inside a charming suburban home might first come to mind while dreaming of the perfect Thanksgiving setup, a number of luxury condo buildings right here in the city also feature kitchens perfectly equipped to entertain. We explore several below….

Trump Tower

If you’re wanting to host a Thanksgiving dinner party right in the heart of downtown, providing guests with some of the best views of any condo building in the city will

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Chicago New Construction Real EstateA small, one-story currency exchange and surface parking lot at 777 N. LaSalle Drive in Chicago’s booming River North neighborhood could soon be replaced, according to a recent report from Curbed. 

The site was reportedly sold to a private developer for $4.2 million, and plans for a mixed-use project that includes retail space and private residences above are already in the works. 

As mentioned by Curbed, the property covers about 6,200 square feet and its location is tailor made for new development. The site already has a high density zoning designation of DX-7, and its location is right in the heart of River North and just blocks from the Mag Mile. 

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The McDonald’s-effect continues to have a huge impact on the West Loop’s west side as 2 more buildings recently sold for well over what was paid for each just a few years ago.

According to a new report from Crain’s, a New York-based investor just unloaded 1100-08 and 1114. W. Randolph to Chicago-based L3 Capital for $12 million, netting quite a profit in the process. As mentioned in the report, Gilman Management paid just $3.7 million for the buildings back in 2013 and 2014.

Back in 2014, MTV’s “The Real World” was filmed in the two-story building at 1100-08 Randolph, while the other building, which was the former home of Tete Charcuterie, no doubt saw a major jump in value once McDonald’s recently opened their spectacular new headquarters across the

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Chicago’s next skyline-altering project is set to break ground as early as January, accordion to a recent report.

Called One Chicago Square, the supertall skyscraper is planned for a surface parking lot across from the Holy Name Cathedral in River North and is being developed by Chicago-based JDL Development and Sterling Bay.

If you’re still unfamiliar with One Chicago Square, the sleek, two-tower design is projected to include 869 rental units, luxury condominium residences, office space, and retail space that will feature a new Whole Foods Market and a massive, 100,000 square foot Life Time Athletic club.

The building’s stunning design is by Goettsch Partners and Hartshorne Plunkard Architecture, and when finished, the towers will stretch 654 and 1,011

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