Chicago’s West Loop neighborhood just got even hotter! With Uber leasing the 58,000-square-foot office building on 111 N. Canal St to make room for 100s of potential new employees, the West Loop is becoming a hot spot for development. The economic growth of the area is about to sky-rocket, not to mention that the West Loop will soon be home to Google’s Chicago-based offices.
With national companies and small and large businesses migrating to the West Loop, its growth continues to increase at an exponential rate. Thanks to its convenient proximity to downtown, family-friendly greenery, trendy shopping, good eats, and easy highway access, residential rates are also increasing at a fast pace.
The future of the West Loop seems bright with all the construction and constant new proposals underway. New skyscrapers, restaurants, hotels, and over 6,000 new apartments are expected to be built in the area in the upcoming years.
Property demands in the area are on the verge of unimaginable numbers, so now is the time to buy!