Why Downtown Chicago Real Estate Is Heating Up In 2017...

Posted by Leila Zammatta on Monday, January 16th, 2017 at 11:02am.

The heart of any major city is always an exciting place - so much is happening, there are tons of things to do and see, and there's always . In fact the energy, the commerce, the culture, and the general vibe of an urban environment like downtown Chicago is especially compelling at the moment due to all the new construction rising upwards and all the excitement associated with that growth.

Much of the change is centered around Michigan Avenue and Millennium Park and Grant Park - which is hardly surprising, considering the North Michigan Avenue retail corridor is home to some of the city's most coveted real estate and dozens of popular shops and restaurants, and the lakefront parks along with the accompanying Museum Campus make for some of most popular areas of Chicago for locals and tourists alike.

The river walk - the walking path along the Chicago river lined with restaurants and dotted with green spaces perfect for a relaxing stroll or meal amidst some of the world's finest architecture is also drawing people towards the city center; it is near completion and should be fully ready for summer 2017. And in addition to the many new condo buildings and homes being built around the Loop, there are several new retail options popping up, perhaps most notably the new glassed-in riverfront Apple store that's practically as innovative as the company's products themselves.

Of course, we might be anticipating one particular piece of new construction in downtown Chicago the most - the new ninety-three story skyscraper that's currently rising in our favorite neighborhood of Lakeshore East next to the Chicago River near Lake Michigan. (As always, if you are interested in learning more about Vista or other Lakeshore East real estate options, get in touch with our agents). This full amenity building will also contain a high end hotel, restaurant, lounge, and spa, and it might be the single most desirable building in the Windy CIty when it is completed in 2019. Get in on the ground floor in Chicago's city center now!

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