Sep 7, 2022 - Business

Chicago loves live-work-play apartments

Illustration of an office cubicle with a roof like a house.
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.

 Data: RentCafe; Chart: Axios Visuals
Data: RentCafe; Chart: Axios Visuals
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