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This Week in Chicago Real Estate: Michael Reese and Super-sized Homes

by Peter Thomas Ricci

michael-reese-site

The old site of the Michael Reese Hospital

What happened this week in the world of real estate? Allow us to tell you:

•After considerable degree, the city of Chicago is finally seeking developers for the old site of the Michael Reese Hospital, which the city bought for its ill-fated 2016 Olympics bid.

•Could Chicago’s old industrial sectors transition to tech – and in the process, lead to a real estate boom? Curbed Chicago investigates.

•We never thought this day would come! The long-awaited redevelopment of the city’s Old Post Office is about to begin.

•A judge has ruled against a challenge to Chicago’s affordable home ordinance, which builders had argued was unconstitutional.

•Malls are dying all over the country, but their re-use could save the suburbs, argues realtor.com.

•McMansions have returned in force, but new NAHB analysis shows that super-duper-sized homes are also growing strongly.

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