Challenged by limited land availability downtown, Chicago-area developers are setting their sights on less-crowded neighborhoods and suburbs. According to data from Appraisal Research Counselors, more suburban apartments were opened last year than in any time in the past 20 years as developers capitalize on pent-up demand for modern communities offering the latest finishes and amenities. Taylor Johnson clients M&R Development and Steve Rappin of Evergreen Real Estate Group are among those moving forward with projects outside Chicago’s central business district. They recently spoke with the Chicago Tribune about untapped opportunities in today’s market. Read the full story here.

M&R Development’s suburban projects include The Residences at Wilmette, a 75-unit luxury rental community in downtown Wilmette, Ill.