Crain's Chicago Business | |
500 Lake Shore Drive is more than 50 percent leased
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Don't let the headline fool you. As noted in this story, most developers and landlords aren't worried about the number of apartment buildings that are planned, under construction or currently leasing. As Taylor Johnson client Curt Bailey, president of Related Midwest says in this article, "No, there isn't anything to worry about." In fact, Related Midwest just announced 500 Lake Shore Drive, its new luxury apartment building in Streeterville, is more than 50 percent leased in just over three months. Read more in this article to see how the demand for new apartments is expected to absorb the new supply.
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Residential Real Estate
Chicago Tribune
Chicago Tribune Chicago Tribune
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