Forbes recently covered six hot housing markets in Midwestern cities and there is no surprise that Logan Square and West Town (including the West Loop) made the list. With no shortage of allure, these Chicago neighborhoods are all the rage these days because of central location, easy access to public transportation and the consistent openings of trendy new bars and restaurants. Home sellers in Chicago are loving every minute of it, taking advantage of record low home buyer inventory and a sharp increase in median sales price year over year.
At the recent announcement for Walgreens' new office space in the Old Main Post Office building, Mayor Emanuel disclosed that Amazon 'really likes' two Chicago sites that were pitched to the company for the it's second headquarters. Of the five Chicago sites toured by Amazon, two of them border the West Town / Bucktown area which are the Chicago River District and Lincoln Yards. We can only hope that these two areas are the in the running to be Amazon's HQ2 if Chicago is the city that is selected.
Lynn Basa - a sculpture professor at the Art Institute of Chicago and author of The Artist's Guide to Public Art has received a commission of $80,000 from the Wicker Park Bucktown Special Service Area #33 to construct a Worker Cottage Parklet at the corner of Milwaukee Avenue and Wood Street in Wicker Park. The sculpture will be an ode to the worker cottage - a style of home that can be found throughout the neighborhood. Worker cottages are slowly being replaced by new construction of modern single family homes as Wicker Park continues to increase in real estate value. You can read the Wicker Park Bucktown SSA #33 Arts Committee Meeting Minutes here.