Urban Real Estate

New Construction Soars In Chicago

New Construction Soars In Chicago

The latest numbers show that Chicago is in the midst of a substantial building boom, one that has seen a total investment of $4.22 billion. That's "billion" with a "B".

The numbers, from Dodge Data & Analytics, show a 66 percent increase in Chicago-area construciton through July of this year - and that's for all construction. When residential is separated out the increase is 133 percent since last July. It's the best performance of the ten metro areas which were surveyed, including New York, Los Angeles and Dallas among others.

Read more at Curbed Chicago here.