Lakeview, located north of Lincoln Park and adjacent to Lake Michigan, leads the city by a wide margin in residential teardowns over the past five years. Local developers are selling new homes for four times the original price paid.

Chicago's Lakeview neighborhood is undergoing a major spate of tear-downs. Driven by demand for larger, higher-priced real estate, the area has seen many of its old homes and multifamily units replaced by single-family houses with price tags in the millions.
Dennis Rodkin writes, "In the past five years, nearly 300 older residential buildings in the neighborhood have been torn down and replaced with new homes, according to data compiled by Chicago Cityscape, which tracks building-industry permits in the city."
"In all five of those neighborhoods, 'the demand for new-construction homes is high enough that it makes financial sense to tear down what is a perfectly functioning building and put up a brand-new replacement,' said Mario Greco, [a real estate agent in the area]."
The trend doesn't bode well for those who would prefer a higher-density environment along the lake. As the process of "mansionization" continues, "Many of new single-family homes replace two- or three-flats. On the 3700 block of North Wayne Avenue, the developer who bought a greystone three-flat for $605,000 in September is marketing its replacement, a five-bedroom home with a three-car garage and a wine room, for almost $2.5 million."
FULL STORY: Lakeview leads city in teardowns

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Walmart Announces Nationwide EV Charging Network
The company plans to install electric car chargers at most of its stores by 2030.

Chicago Approves Green Affordable Housing Plan
The Mayor’s plan calls for creating a nonprofit housing corporation tasked with building affordable housing that meets Green Building standards.

E-Scooter Parking: A Guide
How smart planning — and ample designated parking — can end conflicts over shared scooters.

‘It’s Been 50 years’: Public Transit Law Passes in Montana
Legislation would fix transportation district issue, allow for greater reach on city bus routes.

Top 10 Tech-Ready Cities
An index ranks U.S. cities based on their preparedness for the ‘smart city future.’
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
City of Moorpark
City of Tustin
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions