BY THE NUMBERS
CHICAGO—NYC steals much of the limelight when it comes new apartment construction, but developers in Chicago's Loop have also made their mark. According to apartment search website RENTCafé, which used data from its sister companies Yardi Matrix and Property Shark, the city's downtown is one of the hottest neighborhoods in the US for new construction. Since 2010, Loop developers have delivered 2,830 new units, securing the neighborhood the 17th spot among the country's hotspots for new deliveries. Eight new large-scale rental properties were built between 2010 and 2016 in the Windy City's CBD, making up 76% of the area's rental stock.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
