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Employment and Demand Drive Midwest Development

“In an unusual shift, jobs in the Chicago area are moving where the talent is rather than the other way around: companies are relocating from the suburbs to downtown seeking to attract millennial workers and spurring the development of multifamily and office projects in the city,” writes Urban Land, the magazine of the Urban Land Institute. “Real estate activity in America’s heartland is growing at a solid clip, driven by increases in employment, a recovering economy, and pent-up demand for new product.”