As condo sales drop around Chicago, many developers are starting to announce the construction of rental units in popular neighborhoods close to downtown.
AvalonBay Communities Inc., based in Alexandria, VA, plans to build 1,000 new apartment units on South Clark street in the South Loop.
The $280 million project will start in the fall of next year […]
Author Archive for Stephen
Major Apartment Development Planned for South Loop
Published by October 8th, 2007 in Chicago condos, Chicago real estate and real estate market.Mayor Daley set the record straight on Monday concerning a new casino at Navy Pier. Rumors had been flying around about the possibility of a casino taking the place of the Children’s Museum now located at the Navy Pier.
In a news conference on Monday, Daley told reporters,
“When we decided to do Navy Pier, people had […]
Neighborhood Update – Dunning
Published by October 2nd, 2007 in Chicago homes and Chicago real estate.The Chicago real estate market is experiencing a general decline in sales in neighborhoods throughout the city. Dunning, one of the largest markets for single family homes is no exception.
According to the most recent numbers from the Chicago Association of Realtors, there were a total of 84 homes sold in Dunning during the second quarter […]