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Chicago led the U.S. in homicides for the 12th year in a row in 2023, and this year violent crime is at a six-year high.
The Chicago Teachers Union is pushing for a major expansion of the Sustainable Community Schools (SCS) model, proposing to increase the number from 20 to 200 over the next four years.
Lingering vacancy among Chicago's life-sciences properties could take years to work through, but a thawing of public markets and more favorable interest rates should bode well for the sector.
The vacancy rate for Chicago’s life sciences sector was 40.5% as of the fourth quarter of 2024, with about 2M SF of total inventory, according to CBRE’s Q4 national life sciences report.
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