The downtown Chicago area has seen a whole lot of new development reshape both the city’s landscape and its distinguished skyline in recent years, and now with 2017 already half over, which almost seems hard to believe, there seems to be no sign of a slowdown coming anytime soon, especially as the Chicago Tribune just reminded us of how many large-scale projects are still currently in the works.
According to the piece, Chicago has at least 10 developments that will cost $1 billion or more to finish, which are either already under construction or at the very least in the final planning stages before development can officially begin. And while the roster of these mega-projects of course vary in terms of eventual use, here’s a quick look at what to
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Two impressive new renderings have just been released that would totally change downtown Chicago’s skyline if either of the two happen to be built. According to last night’s article in the Tribune, architect Helmut Jahn has submitted one such design for the redevelopment of the James R. Thompson Center—a building that Governor Bruce Rauner wants the state of Illinois to sell to a major developer who would build something much bigger at its prime location at Clark and Randolph street in the heart of the city’s bustling business and financial district.
Development around downtown Chicago and beyond has been booming in 2016, and much of this upward trend certainly started before this year. But as pointed out by the Chicago Tribune this morning, we’re actually seeing an extraordinary amount of new construction happening around the Windy City, which makes now a very exciting time in the world of Chicago real estate.