Saturday, March 05, 2016

New Construction

Construction is booming again in River North.   Here is the base of what will be a giant crane likely looking into our unit where Ed Debevick's used to be.

The last building boom ended in a glut with a couple of half built towers in the skyline for years.  They finally ended up completing those units and I just hope that these get done before the money dries up.


Anonymous said...

Do you think the money-dry-up started already?
I know, I know: 8-9yrs cycle, etc.
Still, I so don't want it to happen again. Still trying to climb back to where I was before 2009.

Carl from Chicago said...

I don't know. I just hope to not see half-built structures for the next 5-7 years like I saw the last time this played out.