New Construction

Demos near 606 officially blocked in anti-gentrification move

Chicago City Council approved a six month ban on building demolitions along the popular biking and running path.

Despite a dismal decade, NAHB predicts dynamism ahead for homebuilding

Looking back at the last ten years in homebuilding, the National Association of Home Builders’ chief economist demonstrated how bad the 2010s were for the industry but projected a positive outlook for the 2020s.

Robots expected to overtake humans in construction by 2025

As contractors face tighter schedules and a shrinking pool of qualified people, they are turning to autonomous workers to solve their problems.

Lincoln Yards, Chicago rendering
More community engagement on the horizon for megadevelopments

Lincoln Yards and The 78 will both get separate community advisory councils to make recommendations on the development process, an approach that could become commonplace for all major projects in the city.

How the rent vs. buy calculation has changed in Chicagoland

Looking at real estate data over the last decade, some clear trends emerge in terms of costs, demographics and housing stock. See how this has impacted the market in the Chicago area.

Chicago ranks 2nd in share of residential skyscrapers in U.S.

A new study shows that high-rise buildings aren’t just for worker bees anymore.

Team building through homebuilding

Some brokerages are finding synchronicity by partnering with Habitat Chicago. Learn how it’s done and what giving back in this way can do for your business.

New-home sales up 17.2% in Midwest

The number of new homes sold shot up over last year, according to Census data from October.

Developers: Politicians, taxes and headlines dogging Chicago

At the Lincoln Park Builders’ 31st annual Real Estate Forum yesterday, developers sounded off about what Chicagoland has going for it, and what’s holding the metro area back.

Housing starts up nationwide, Midwest still struggles to keep pace

Two percent jump in housing starts nationwide could mean lower chance of recession

Harvard report projects vibrant housing market, provided construction ramps up

The Joint Center for Housing Studies’ State of the Nation’s Housing report stresses the need for more inventory.

New-home sales down in September; experts blame supply woes

Lack of inventory is stalling growth. Learn why some are saying they don’t expect housing starts to reach pre-recession levels until 2022.

sign at Chicago Build Expo 2019
Encouraging development while maintaining affordability

At the Chicago Build Expo, city officials discussed ways for Chicagoland to battle negative preconceptions and maintain its pace of growth while also bolstering affordable housing before an audience of contractors, developers, real estate professionals and others at the McCormick Place convention center.

Breaking ground in new construction: A path to top-producer status

Selling new construction is often a springboard for would-be top producers, but that doesn’t mean it’s easy to get into. Follow this blueprint, compiled from conversations with successful agents who’ve incorporated new construction into their day-to-day work.

How student housing is making Gen Z harder to please

Developers of both dorms and off-campus housing are offering smart design solutions that create a sense of community in an organic, inconspicuous way. And young people look to replicate that when they start “adulting” after college.

Who had the most new-construction deals in Q2?

While many of the top producers in our Real Data list are also household names when it comes to selling new construction, looking solely at new construction data offers a different perspective. The data below comes from Midwest Real Estate Data, LLC and was formulated using the same techniques you’ll find for our Real Data Q2 list.

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