Go west, young developers

When Joe Zekas asked Belgravia Group‘s Buzz Ruttenberg to talk about the state of the Chicago’s new construction market, he didn’t expect the veteran developer to focus on the potential of neighborhoods like Logan Square.

Ruttenberg, whose father pioneered Chicago’s west (back in the days when that meant anything beyond Clark Street), likes what he calls “neighborhoods that are a little too far west today from where your mother would feel comfortable coming to visit you.” These areas “have the infrastructure for public transportation” and “great bones — that is, the buildings out there look good but need some TLC,” he says.

Watch the video for a sophisticated take on why the west is best from a developer with a long and successful track record in Chicago real estate.

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