Chicago: Planning to Succeed

With 4 million square feet of office space under construction, a stream of 1 million business travelers per year, and a raft of new hotels, Chicago’s Central Area is booming. Approximately 120,000 residents live in the area, up 45 percent since 1990, and the demand for housing is seemingly insatiable. A long-awaited revival is bringing State Street back to life, and North Michigan Avenue continues to be an international retail destination. Chicago’s Central Area has managed to succeed—now it has to manage its success. ULI membership is required to access the full text of this article.