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Despite economic headwinds in 2023, life sciences development still a bright spot in Chicago - Vimarsana News

Despite economic headwinds in 2023, life sciences development still a bright spot in Chicago

Chicago’s life sciences industry could in 2024 be one of the few bright spots in the city’s struggling office market. A flurry of new leases signed by expanding research firms, along with record-setting amounts of federal grants flowing to local biotech startups, has developers anticipating strong growth in the sector, enough to kick-start new towers dedicated to life sciences. “Chicago to me ...

Source: yahoo.com
Developer set to build Chicago's first mass timber building - Vimarsana News

Developer set to build Chicago's first mass timber building

Sterling Bay is set to begin construction of Chicago’s first mass timber building, a nine-story, apartment tower in Lincoln Park.

Near West Side's profit lure outlasts the pandemic's lull - Vimarsana News

Near West Side's profit lure outlasts the pandemic's lull

Anthony Vazquez/Sun-Times Wander the sidewalks of the Near West Side, and it’s easy to get an eerie sensation. It’s almost like a “Twilight Zone” episode about a place with evidence of human habitation right there, maybe just around the corner, and yet you don’t see anybody. It’s just the mind playing tricks, after all. Whatever name applies — West Loop, Fulton Market, West Town — the region was Chicago’s busiest place for development and an extension of downtown’s commercial might. It’s hushed now, as people are still staying out of offices. With capacity limits in plac...