Author Archives: ULI Chicago

Young Leaders Embrace Industry Advice in Three Part Speaker Series

It has been a busy start to the New Year for the ULI Chicago Young Leaders, as many recently gathered over the course of three consecutive weeks to participate in the 2nd Annual Small Group Discussion Series. This three-part speaker discussion series showcased CRE professionals from The John Buck Company, Skidmore Merrill Owens, and Singermen Real Estate. Each of the three events proved to be full of dynamic industry insight and meaningful dialogue. Part 1: The John Buck Company – Development Case Studies The first event featured Dominic Adduci, Principal … Read More

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Chicago’s Troubled Buildings Initiative: Building Stable and Safe Blocks for Families

This post, in our series featuring Chicago’s Troubled Buildings Initiative (TBI), winner of the 2016 ULI Larson Housing Award, focuses on a block of single-family homes in the West Humboldt Park neighborhood that was successfully rehabilitated using TBI. West Humboldt Park is one of the designated areas within the Chicago’s Micro Market Recovery Program (MMRP) where the City is working with a partner agency, the Neighborhood Housing Services (NHS), to facilitate the rehabilitation and reuse of vacant, deteriorating homes. NHS serves as a receiver for 1-4 unit residential buildings being rehabilitated through … Read More

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Nominate Your Inventive Project, Program, or Young Visionary for a ULI Award Today

For decades, ULI has set the standard in recognizing outstanding real estate development projects, related programs, and visionaries in urban development. Check out these four great opportunities, on a local and national level, to showcase your Award-winning Project, Program or Young Visionary. Submit a nomination today! 2017 ULI Chicago Vision Awards Nomination Deadline: Monday, February 27, 2017 The ULI Chicago Vision Awards recognizes visionary developments, programs and young leaders in the land use and development fields. The 6th Annual ULI Chicago Vision Awards will take place in late May, with … Read More

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Chicago’s Troubled Buildings Initiative: Turning Around Neighborhoods One Building at A Time

This post, in our series featuring Chicago’s Troubled Buildings Initiative (TBI), winner of the 2016 ULI Larson Housing Award, focuses on a typical multi-family residential building that was successfully rehabilitated via TBI. Community Investment Corporation (CIC), one of the City’s implementation partners for TBI, played a key role in turning around a 17-unit multi-family building at 3550 W. Franklin in Chicago’s Humboldt Park neighborhood. This originally rental property had been fraudulently converted to condominiums and was in serious disrepair, making it too expensive and time-consuming for a private developer to … Read More

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Discussing Housing Sub-markets in the Chicago Region

Housing markets are defined by a combination of many different socio-economic and physical factors that often transcend jurisdictional boundaries. To identify areas with similar housing characteristics across the seven-county region, the Metropolitan Mayors Caucus, Chicago Metropolitan Agency for Planning (CMAP) and Metropolitan Planning Council (MPC) have partnered with the Institute for Housing Studies (IHS) to develop a housing model based on factors such as age and quality of housing stock, and education and income levels of residents. The purpose of the housing model is to reveal patterns of similarities as … Read More

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(Re)discover: Naperville Riverwalk

ULI Chicago headed west to experience the final bits of fall in Naperville in this installment of the (Re)discovering Chicagoland Neighborhoods Series, our continuing focus on what makes this region unique.  Winter has officially arrived, bringing new places to explore indoors and out. Share your findings with #rediscoverchicagoland. Downtown Naperville, with its mix of independent businesses and chain retailers located in an attractive, pedestrian friendly environment, is a big draw for residents and visitors alike. One of its most distinguishing features is the Riverwalk – a beautiful tree-lined walkway that stretches for 1.75 miles … Read More

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2016 Larson Housing Award Winner: City of Chicago’s Troubled Buildings Initiative

Winner of the 2016 ULI Larson Award for Leadership in Housing Policy, Chicago’s Troubled Buildings Initiative (TBI) is an innovative, inter-departmental program that is leveraging community partnerships to prevent neighborhood blight while improving housing options in low and moderate income neighborhoods across the City. Through TBI, the City is stabilizing buildings that pose a threat to the health and safety of residents and the neighborhood because of their deteriorated physical condition and/or poor management. Video Clip: How Troubled Buildings Initiative Works   Since its inception in 2004, TBI has turned … Read More

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James A. McShane Honored as 2016 ULI Chicago Lifetime Achievement Award Recipient

ULI CHICAGO PRESS RELEASE – FOR IMMEDIATE RELEASE For more information, please contact Cynthia McSherry, Executive Director, ULI Chicago, 773-549-4972. CHICAGO (December 1, 2016) –James “Jim” McShane, CEO, The McShane Companies, will be honored this evening, December 1, 2016 at the Twenty-Second Annual ULI Chicago Lifetime Achievement Award Dinner. The Urban Land Institute’s Chicago District Council (ULI Chicago) annually recognizes an industry leader who has had significant influence in the growth and development of Chicago’s real estate community, as well as pursues positive civic, charitable, and philanthropic endeavors. “Jim’s demonstrated … Read More

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Chicago Product Council Chair, Christy Lockridge, Talks 2017 Program. Learn More and Apply for a Council Today!

Curious about the Chicago Product Council initiative? We sat down with 2017 Blue Flight Chair, Christy Lockridge, Principal, Prudential Mortgage Capital Company, to discuss all things CPC. Check out her insight on the opportunity, and consider applying today! Q: What motivated you to initially get involved in CPC, and how did the experience compare to your expectations? A: I had previously been active in ULI on a national council but stepped away for a few years due to other commitments.  I was looking for a meaningful way to re-engage with ULI … Read More

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Meeting Summary: Real Estate Forecast 2017

This is a summary of the Real Estate Forecast 2017 meeting of the ULI Chicago District Council, which gathered at the Union League Club in Chicago to hear highlights of the Emerging Trends in Real Estate® report for 2017, a national real estate forecast published by ULI and PwC. The guest speaker was Dean Schwanke, Senior Vice President, Case Studies & Publications, ULI – Urban Land Institute. Following his overview, a local response panel discussed a range of topics from an outlook on Chicago-area real estate to the projected impact of … Read More

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