Developments take time and back in 2021/2022, the narrative for the CRE crowd was cities are dead and the Sunbelt growth story is infinite (which of course turned out to be very wrong!). As a result, people over allocated to the Sunbelt and ignored markets like Chicago.
September 8, 2025 at 6:43 PM
Developments take time and back in 2021/2022, the narrative for the CRE crowd was cities are dead and the Sunbelt growth story is infinite (which of course turned out to be very wrong!). As a result, people over allocated to the Sunbelt and ignored markets like Chicago.
I think most of it was going to be paid for by Sterling Bay and they were going to be reimbursed by the TIF district.
June 30, 2025 at 4:05 PM
I think most of it was going to be paid for by Sterling Bay and they were going to be reimbursed by the TIF district.
Also let’s be real: the vast majority of people do not want to own a home where a community land trust owns the land. It’s not a bad idea if executed properly but the people advocating for this need to be more realistic.
May 20, 2025 at 6:38 PM
Also let’s be real: the vast majority of people do not want to own a home where a community land trust owns the land. It’s not a bad idea if executed properly but the people advocating for this need to be more realistic.
What’s even crazier is that this happened with interest rates going up!
May 1, 2025 at 9:29 PM
What’s even crazier is that this happened with interest rates going up!
The better answer here is that the entity can take advantage of the muni bond system which ultimately means this entity will offer much lower financing costs than a bank. www.socialhousingcenter.org/blog/in-mont...
Montgomery County, Maryland is Building a Network of Social Housing at Virtually Zero Cost- Here is How They Do It. — The Center for Social Housing and Public Investment
The incredible efficiency of Social Housing
www.socialhousingcenter.org
April 17, 2025 at 3:52 PM
The better answer here is that the entity can take advantage of the muni bond system which ultimately means this entity will offer much lower financing costs than a bank. www.socialhousingcenter.org/blog/in-mont...
Reposted by Will Loux
This coach house was built in 2023 by the couple who own the property to have a place for their mother in law to live in and help take care of their newborn child.
The “granny flat” is real.
The “granny flat” is real.
April 12, 2025 at 3:39 PM
This coach house was built in 2023 by the couple who own the property to have a place for their mother in law to live in and help take care of their newborn child.
The “granny flat” is real.
The “granny flat” is real.
This one was tough to watch: www.instagram.com/reel/DIM1Jul...
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April 11, 2025 at 4:34 PM
This one was tough to watch: www.instagram.com/reel/DIM1Jul...
ARO does not kick in until a project has 10 units. Very unlikely to be relevant for small lots which this is targeting.
March 19, 2025 at 2:54 PM
ARO does not kick in until a project has 10 units. Very unlikely to be relevant for small lots which this is targeting.
Happened in 2021. Here’s block club’s first story about it. blockclubchicago.org/2021/04/07/l...
Logan Square's 'Corner Farm' Community Garden Could Be Razed For Condos — But Neighbors Are Scrambling To Save It
The Corner Farm, which has become a vibrant community hub over the past decade, could soon be uprooted for the kind of development people have come to associate with gentrification in Logan Square.
blockclubchicago.org
March 16, 2025 at 5:50 PM
Happened in 2021. Here’s block club’s first story about it. blockclubchicago.org/2021/04/07/l...