Sep 7, 2022 - Business
Chicago loves live-work-play apartments
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Illustration: Brendan Lynch/Axios
A total of 11,500 mixed-use apartments have been built in Chicago since 2012, Axios' Sami Sarber reports.
Why it matters: Rental communities that comprise residential, office and retail space gained a foothold in the last decade, especially as the pandemic heightened renters' preference for nearby amenities.
What they found: A quarter of the units built here from 2012 to 2021 were mixed-use, per a report from nationwide apartment website RentCafe.
The bottom line: Blending different types of real estate is one way cities are evolving in the era of remote and hybrid work.
