Development

Real estate development in Chicago is a unique discipline. The business, civic, and political environment in Chicago combine to create the most development friendly city in the world. Chicago has always been, and will undoubtedly remain, about progress.

UIR has built our reputation by applying our experience, creativity and unique market knowledge, to the adaptive reuse of commercial and industrial property in Chicago.

Unlike many of our competitors, it is our belief that opportunities to develop rarely translate to development opportunities. In practice, this means UIR is very selective in pursuing opportunities for development. Once we identify a development opportunity, we focus on enhancing the value of the property. This process involves the application of creativity to the precise understanding, balance, and inter-relationship of finance, construction, marketing, and market conditions.