Chicago's Luxury Real Estate Weblog

Blogs from a veteran Chicago Real Estate professional

New Developments in Chicago?? Could it be true? July 2, 2009

With the economic downturn of 2009/2009, new developments seem but a memory.

Will the iconic buildings of the recent past be replicated in the future with new developments?  Will there be any new housing options from which to choose in the coming years?  Is the current economic environment so hostile to capital that developmers will run for the hills and not even attempt to evolve the skyline as movable, living pieces of art – changing, morphing, ever evolving?

NO!

I offer the following as testament to the continuation of the development market in the greatest city of the world!

The Residences of the Ritz

Aqua

The Elysian

Lincoln Park 2520

All these developments are moving forward – forging a new spirit of American will and capitalist determination!  On this weekend in which we celebrate all that is American – let us celebrate and champion the spirit of these developers.  May they all thrive and succeed!