Chicago's office-to-apartments wave keeps growing

About this episode

The episode discusses the ongoing trend of converting office buildings to apartments in Chicago, along with other significant real estate developments.

Another vintage Loop office building has been teed up for residential conversion and a big South Loop apartment complex traded for $104 million. Crain’s commercial real estate reporter Rachel Herzog talks with host Amy Guth about what's playing out in Chicago's apartments scene. Plus: Bears vote to advance stadium project in Hammond, but several hurdles remain before a deal could be final; AI data center boom risks breakup of nation’s biggest power grid operator; Ascension completes acquisition of three Chicago-area surgery centers and former Citadel HQ trades at 76% discount from 2006 sale price.

People in this episode

Host: Amy Guth

Guest: Rachel Herzog

Topics covered

• real estate
• apartment conversion
• commercial real estate
• Chicago
• stadium project
• AI technology

Keywords

• Chicago apartments
• office-to-apartments
• real estate news
• commercial property
• Bears stadium
• Ascension acquisition

Mentioned in this episode

Organizations: Bears, Ascension

Products: AI data center

Places: Hammond, Chicago, South Loop, Loop

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