Chicago Sun-Times
US · 2 hrs ago
If Chicago wants more housing, it should remove barriers to building
Chicago is converting 25 Downtown office buildings to apartments this year — more such projects than the city has seen in the past 20 years combined, the Sun-Times reported in June.
This is welcome news, and we need more of it. Bloomberg and Axios have reported that Chicago rents are up more than 35% since before the pandemic, which outpaces other major cities over the same period.
Despite demand, these conversion projects struggle to launch in Chicago because developers face expensive…
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