Letting the Sun In: Redeveloping a Derelict Office Building in Chicago
Obtaining community development bank support for renovating a derelict city-owned building in Chicago's South Side was just part of the challenge. Despite being seasoned residential real estate investors, a couple must nonetheless overcome many hurdles: Obtaining bank financing, participating in extensive city project review and approval, meeting elaborate labor requirements, and attaining Leadership in Energy and Environmental Design (LEED) certification, among others.
Collection: Darden University of Virginia (USA)
Ref: DARDEN-ENT-0156-E
Format: PDF
Number of pages: 20
Publication Date: Nov 23, 2010
Language: English
Review date: Jul 12, 2012
Description
Obtaining community development bank support for renovating a derelict city-owned building in Chicago's South Side was just part of the challenge. Despite being seasoned residential real estate investors, a couple must nonetheless overcome many hurdles: Obtaining bank financing, participating in extensive city project review and approval, meeting elaborate labor requirements, and attaining Leadership in Energy and Environmental Design (LEED) certification, among others.
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Industry Setting: Banking/Finance/Insurance
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"Letting the Sun In: Redeveloping a Derelict Office Building in Chicago"
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