Downtown Apartments On A Five-Year Hot Streak

August 26, 2014


It is five years into the Chicago apartment boom and the market shows no signs of slowing. According to a recent Crain’s Chicago Business story, occupancy and rents are still climbing and apartment landlords are riding high. Crain’s caught up with Taylor Johnson client Fifield Cos. and highlighted the developer’s Class A luxury apartment tower K2

Greg and Rachel Baugues at their apartment in the K2 tower in River West. Photo: Stephen J. Serio

, where the median age for residents has increased to 32 as many would-be homeowners continue to opt for renting.

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