1) Which neighborhoods are Chicago’s biggest developers targeting? When it comes to emerging neighborhood development what are the key qualities needed to be considered a Responsible and successful development and how are the projects being capitalized.
2) How do development opportunities in neighborhoods such as Uptown and Logan Square compare to the market outlook in Chicago's more established markets?
3) With the inflows of tenants clear, how are developers repositioning assets to meet the needs of the community which already calls these neighborhoods home?
4) Having been given the title of one of the world's coolest neighborhood's Pilsen is under more pressure than ever to defend against the loss of community and culture it has fought so hard to preserve. How are developers partnering in the community with the goal of development without displacement?
5) With the proposed towers in Lakeshore East bringing 1000's of units to market, what innovative strategies are developers using to balance demand with a need for open space?
Mural Park is being developed by Condor Partners, a local Chicago company who’s principles have been responsibly investing in Chicago neighborhoods for decades. Two years ago, Condor Partners launched the Pilsen First Initiative with Eighteenth Street Development Corporation, JLL and Transwestern with the goal of employing local businesses and attracting high quality employers who respect and celebrate the rich culture of Pilsen. The project aims to bring local employment back to Pilsen by attracting employment stakeholders to the community. Hispanic and Latino owned businesses, businesses that employ from the neighborhood and those who market to the neighborhood. The goal is to help reinforce the culture and community which makes Pilsen so great.
|7:30 AM - 8:30 AM||
Coffee, Breakfast and Networking
|8:30 AM - 9:15 AM||
Success Stories: Neighborhood Development
|9:15 AM - 10:00 AM||
New Targets for Institutional Investors: Development Opportunities
|10:00 AM - 10:30 AM||
1901 S. Sangamon Street
Chicago, IL 60608
Venue is on the corner of Sangamon and 19th. Enter through the front door at 924 W 19th place.
It is recommended for you to use public transportation, or über, lyft etc... If you elect to drive, there is limited free parking available at the following:
• Street parking
• Parking lot 1 1/2 blocks east of the venue at 1928 S Jourdan Ct, Chicago
• Parking lot at the venue
These are some of Chicago’s most embattled neighborhoods. With significant press and investor attention there's real danger that the people and character which makes our neighborhoods the coolest in the world are at risk. With an abundance of art galleries, restaurants, and CRE projects to match, Pilsen, Logan Square, Humboldt Park and Uptown are popular destinations for a broad spectrum of people, but now that they are firmly on the radar of institutional investors, what does that mean for the community that already calls them home? How are developers working with community groups, not for profits, City hall and financial institutions to balance economic decisions and community needs. Which neighborhoods will be next to see new investment and what are the economic and social risks that come with it?
Join Bisnow and the team as we get the inside scoop on Chicago's biggest developers view on the outlook in comparable markets including Uptown, Logan Square & Humboldt Park.
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