A group of Chicago real estate firms has landed more than $95 million in financing to kick off construction on a 287-unit apartment tower near high-demand Fulton Market, a rare groundbreaking in the city despite high demand and growing rents.
Chicago developers begin work on apartment tower amid high demand, few new projects
Firms break ground after landing more than $95 million in financing
By Ryan Ori
CoStar NewsSeptember 12, 2025 | 8:17 P.M.
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IN THIS ARTICLE
- Companies
- Focus Development, Inc.
Construction
- DAC Developments
Real Estate
- Contacts
- Tim Anderson
Chief Executive Officer and Owner, Focus Development, Inc.