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Let’s take a close look at the ways residential and commercial developers are embracing Chicago’s innovative spirit and creating new and exciting places to live, work, and play.
Chicago is one of the country’s most vibrant cities. It’s known for its historic architecture, beautiful waterways, bustling nightlife, and eclectic cuisines. Dubbed the Windy City, it draws millions of tourists each year, eager to experience everything the city has to offer.
As the city grows and evolves with the times, residential and commercial real estate developers must be able to meet consumer demands.
They must also embrace the direction the city’s going in. For example, in recent years, there has been a push for more unique homes and commercial spaces that fall at affordable price points.
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At any rate, in this post we explore this topic in more detail.
Shipping Containers as Social Opportunities
If you’ve ever turned on the HGTV channel, you’ve likely seen a handful of programs that center around the idea of tiny homes and commercial spaces. What may have seemed like an unlikely solution in years prior has quickly become an affordable solution for both developers and buyers alike.
Today, residential and commercial developers are looking at shipping containers for sale in Chicago. Surprisingly, these containers offer a unique way to build more homes, offices, restaurants, and shopping centers.
In the residential community, you can see a growing number of container homes that people have renovated into affordable and charming living spaces. Moreover, in the commercial space, you can see more eclectic shopping areas like Boxville’s incubator, which is full of local vendors and restaurants.
Developers Focusing on Eco-Friendly Solutions
Sustainability has been at the forefront of the conversation for several years now. Homeowners are looking for more ways to cut back on energy usage and costs. And developers are striving to meet those needs.
In residential development, more companies and suppliers are beginning to offer eco-friendly alternatives for a wide selection of home features. These include flooring, eco-conscious windows, and solar panels. Materials such as bamboo and tile rather than quartz are becoming an important part of each developer’s toolkit. This is because they offer a more sustainable alternative and are often available at lower wholesale costs.
Meeting the Demand for Smart Homes
Technology is at the core of almost everything we do in our day-to-day lives. In various ways, technology guides everything from how we work to the way we communicate. Moreover, we look to technology to provide convenience and help us save time and energy on everyday tasks.
As developers in the residential space look to build homes that buyers are excited about, they’re looking at more ways to combine technology into their projects. The evolution of smart homes has evolved dramatically since the remote control was first invented.
Today, smart homes are incorporating Bluetooth technology and Wi-Fi to connect mobile devices to various electronics in the house. What’s more, these smart connections don’t just make life easier. They make homeowners feel safer. This is because homeowners are able to lock doors, watch security cameras, and check home alarms through their smartphones. They also help homeowners conserve energy. This is because they can adjust the indoor temperature and turn off lights while away from the house.
When you look at the new homes available in the Chicago real estate market, you’ll see more homes offering smart technologies. These technologies provide a way to meet the innovative needs of today’s buyers.
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Chicago’s real estate isn’t stuck in the past. As you can see, its developers are embracing innovation and bringing its residents into the future.
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