Chicago is currently one of the most active commercial real estate investment markets in the country, fueled by healthy demand and excellent value relative to the coasts. For the past 100 years, the Loop has been the epicenter of both domestic and foreign investment activity, and new development has been focused on the towering Chicago skyline.
Yet Chicago may change more in the next ten years than it did in the past century, as investors and occupiers look outside the traditional Loop. When JLL looks to the future of investment and development in Chicago, they see a city that is expanding into new submarkets, drawing new occupiers and attracting a new set of global investors.
Look beyond the CBD, River North and West Loop to see where Chicago will be in one short decade.
Watch the video or read JLL’s latest report, Chicago 2025: Redefining the core, to learn about the evolving trends that are driving development in top submarkets such as the Clybourn Corridor, Fulton Market, Goose Island and River West.