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Mortenson Raises Estimate for 2017 Chicago Construction Cost Increases to 4.5%

Construction Superintendent Magazine

CHICAGO, Ill. With supplies of some key materials, equipment and labor tightening, Mortenson Construction has raised its estimate for nonresidential construction cost increases in Chicago, Illinois, for 2017 from 4 percent to 4.5 percent in Chicago, according to the Mortenson Construction Cost Index.

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Backyard Pool Sales Are Exploding, in Chicago

Pro Builder

Backyard Pool Sales Are Exploding, in Chicago. Before 2020, private pools weren’t only relatively uncommon around Chicago, but often detracted from the overall value of homes there, says Jane Lee, a real-estate agent in Lake County, Ill. . Tue, 08/31/2021 - 10:50. The cost and maintenance of outdoor pools made them a value killer.

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No Estimate Yet for Chicago Looting Damage As Downtown Access Remains Limited

ENR Construction

Transportation in and out of downtown Chicago will be restricted during overnight hours to residents and workers only.

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NAHB Releases Its 2022 “Priced Out” Estimates, and They Could Spell Trouble for Thousands

Pro Builder

NAHB Releases Its 2022 “Priced Out” Estimates, and They Could Spell Trouble for Thousands. NAHB’s recently released ‘priced out’ estimates reveal that if the median new home price increases an additional $1,000, another 117,932 households will be priced out of the housing market and will no longer qualify for a mortgage. . Roughly 87.5

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AFL-CIO Investment Venture Brings Jobs To Chicago Workers

Construction Equipment

Wolf Point East, the second high-rise of the $1 billion mega-development where the north and south branches the Chicago River meet near the Merchandise Mart, will be 66 stories tall, 750-foot tall mixed-use skyscraper designed Pelli Clarke Pelli architects, with an estimated total development costs of approximately $360 million.

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No Estimate Yet for Chicago Looting Damage, Downtown Access Remains Limited

ENR Construction

Transportation in and out of downtown Chicago will be restricted during overnight hours to residents and workers only.

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Chicago Looking to Build High Spreed Rail to O'Hare

Construction Equipment

According to a statement issued Tuesday, Chicago Mayor Rahm Emanuel and the Chicago Infrastructure Trust have issued a request for qualifications (RQF) for groups who want to take on the job of designing, building, financing, operating and maintaining an express train to O’Hare as a public–private partnership.

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