Urban Land Institute’s 2014 outlook: ‘recovering from the recovery’

Midwest, National
Friday, November 8, 2013
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ULI

At its annual fall meeting (this year in Chicago), the real estate research non-profit Urban Land Institute released its 2014 trends report Thursday. The verdict of the 1,000 professionals surveyed? Next year we will continue “recovering from the recovery,” in the words of one respondent, following the depths of the 2008 recession.

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Stalled Wacker Drive Development Breaks Ground Once More

Midwest
Friday, November 2, 2012
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Developers, construction workers, and 42nd ward ald. Brendan Reilly break "ground" on the 28th floor of the Waterview Tower. (Chris Bentley / The Architect's Newspaper)

Developers, construction workers, and 42nd ward ald. Brendan Reilly break “ground” on the 28th floor of the Waterview Tower. (Chris Bentley / The Architect’s Newspaper)

For years Chicago’s celebrated architectural boat tour has started its journey at 111 W. Wacker, a 28-story symbol of the great recession and stalled real estate development. Now they are one step closer to a launch more fit for neck-craning. Construction workers broke ground Thursday on the dormant project once again, reviving the high-rise once intended as the first Shangri-La Hotel in the United States.

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