Invest South/West faces rising construction costs
The program’s affordable housing developments are costing more to build than luxury apartments in the River North and the Gold Coast.
A new report by Crain’s Chicago Business reveals the sky-high construction costs for housing developments being built through the city’s Invest South/West initiative — one of former Mayor Lori Lightfoot’s signature programs.
Reset learns more about the cost disparity and what the status of the project is under the Johnson administration.
GUESTS: Alby Gallun, Crain’s Chicago Business senior reporter covering real estate
David Doig, president of Chicago Neighborhood Initiatives
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Reset with Sasha-Ann Simons
Invest South/West faces rising construction costs
The program’s affordable housing developments are costing more to build than luxury apartments in the River North and the Gold Coast.
A new report by Crain’s Chicago Business reveals the sky-high construction costs for housing developments being built through the city’s Invest South/West initiative — one of former Mayor Lori Lightfoot’s signature programs.
Reset learns more about the cost disparity and what the status of the project is under the Johnson administration.
GUESTS: Alby Gallun, Crain’s Chicago Business senior reporter covering real estate
David Doig, president of Chicago Neighborhood Initiatives