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Austin United Alliance’s proposal selected for redevelopment of Chicago’s Austin-Laramie State Bank site

BD+C

The City of Chicago has selected Austin United Alliance’s proposal for the redevelopment of the Austin-Laramie State Bank site, which includes the historic Art Deco Laramie State Bank. The building has sat vacant for nearly a decade. . .

Austin 98
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Greenbuild – The Target Rich Environment for Green People

Green Building Law Update

This year Greenbuild is in Chicago from November 14 thru 16. last year the 24,731 attendees in Boston dwarfed the first Greenbuild in 2002 when a mere 4,189 people gathered in Austin. Greenbuild 2018 in Chicago will be “the” target rich environment for green people this year. I hope to see you in Chicago in November.

Green 195
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Millennials Flock to West and South Regions

Pro Builder

Millennials are no longer flocking to bustling cities such as New York, Los Angeles, and Chicago. Colorado and Texas each have two cities in the top 10 – Denver and Colorado Springs in the Centennial State, and Austin and Frisco in the Lone Star State. Millennials Flock to West and South Regions. cbroderick. Thu, 04/01/2021 - 10:07.

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U.S. Movers Looking for Affordability Tested Out New Zip Codes in 2021

Pro Builder

Sunbelt metro areas topped the list for net inbound moves in 2021, pulling in buyers from more expensive cities like Los Angeles and Chicago. But some of 2020’s most popular destinations, including Phoenix and Austin, have gotten so expensive, so quickly that they are losing some of their appeal as affordable options.

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Renters are the majority in 42 U.S. cities

BD+C

22 cities total made the shift, including key markets like Chicago, San Diego, Detroit, Austin, and Sacramento. In total, rentership growth outpaced homeownership in 97 of the 100 largest (by population) cities. The addition of these 22 cities now puts the total number of renter-dominated cities at 42, according to RENTCafé.

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As Inflation Slows, Demand Rebounds Ahead of 2023

Pro Builder

in Los Angeles, 3% in Austin, 2.6% They declined 1% or less in Anaheim, CA, Chicago, Philadelphia, Seattle, Riverside, CA, Phoenix and Las Vegas. . Home-sale prices fell year over year in 15 of the 50 most populous U.S. metros, many of them in California, compared with declines in 11 of the 50 a week earlier. . Prices fell 7.3%

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Large creative office projects generate staggering returns for property investors

BD+C

The adaptive reuse developments span Boston, Chicago, Los Angeles, New York, Phoenix, San Francisco, and Austin, Texas. Transwestern has released a report examining a number of creative office projects that have generated substantial returns for investors upon completion.