New Construction

The difference new can make

The core idea that there’s no better time than now and no better home than new has broad application from the city to the suburbs and from condos to single-family homes. And the ability of builders and agents to confidently demonstrate to buyers that a new home will serve their interests and help them realize their dreams can have an impact that’s greater than any one house, condo or subdivision.

How codes hold back housing

Building codes and permits are often cited by builders as a key driver of costs that get passed onto the consumer in the form of higher rents or purchase prices. Labor, land and materials continue to be the biggest

Home design trends in demand in 2019

This year is one of continued change in home design as consumers get revved up about more livable spaces and a surge in new home-centered technology. Trends are constantly changing, and this year, homeowners want design that will create

10 new developments creating buzz around Chicagoland

As part of our spring new construction issue, we take a look at a few of the projects attracting attention in the local real estate community.

What developers want agents to know about new construction

We asked some of the smart people we know in the development and new construction industries what they thought about the state of the industry, the influence of amenities and technology and what agents can do to make new-construction

Ready for spring

The spring market is on its way in, and with it, new homes will be sprouting all over Chicagoland. Are you ready?

How Related Midwest will transform luxury living in downtown Chicago with One Bennett Park

Now the tallest all-residential building in Chicago, Related Midwest’s One Bennett Park captured the public’s attention immediately upon its unveiling in July 2014. The new 70-story tower has instantly become a notable addition to the downtown skyline – while

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Tear-down starts increase to meet demand for smaller, more affordable homes

Tear-down starts are increasing to meet the rising demand for new single-family units, according to a new report from The National Association of Home Builders. The NAHB and Wells Fargo used their February 2017 Housing Market Index to track the

Wolf Point West Opening Jan. 2016, Accepting Occupancy Applications

Wolf Point owners, the AFL-CIO Building Investment Trust (BIT), Hines and Magellan Development Group announced today that the companies’ luxury apartment tower along the Chicago River in Chicago’s River North neighborhood, Wolf Point West, will open this month. Wolf Point

M/I Homes Launches New Pleasant Square Development in Schaumburg

#175422935 / gettyimages.com M/I Homes recently held a grand opening for Pleasant Square, its newest Schaumburg development. The townhome community will be located at the northwest corner of Roselle and Schaumburg roads, while maintaining vicinity in the Olde Schaumburg

Related Midwest Unveils Final Building of South Loop Luxury Collection

Related Midwest has unveiled its third and final building of its previously stalled South Loop Luxury collection: the Adler Place condo community, which is 275 units and 32 stories. Residences at the trio of buildings that comprise South Loop

Broker Seeks Buyer for Chicago Spire Debt

The primary lender on the failed Chicago Spire development hired a broker to sell nearly $93 million of debt on the high-profile site. The development, a deep hole along Lake Shore Drive and the Chicago River, has sat untouched

The Roanoke Group Revives Lake Bluff Development

By Natalie Terchek The Roanoke Group, a California-based development group, plans to revive work on a failed 47-acre residential development in Lake Bluff it acquired last year. The group plans to push an even bigger project on the property

Lexington Homes Plans Custom-Home Development to Northwest Suburbs

By Natalie Terchek Lexington Homes is transitioning into custom building, planning 26 new houses in the northwest suburbs as the homebuilding market slowly begins to

Calling All Developers and New Construction Sales Agents!

If you have a new construction property, let us know! We would love to include it in our New Construction Status Chart in our Fall New Construction issue. Help agents show your new construction property to their clients by

Chicagoland New Construction Status Update

If you read the statistics throughout our cover story regarding housing starts and new construction, it shouldn’t be surprising that there are plenty of new construction properties in Chicagoland available to

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