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Letting the Sun In: Redeveloping a Derelict Office Building in Chicago
Fairchild, Gregory B.; Smith, Robert N.; Race, Natalie Case ENT-0156 / Published November 23, 2010 / 20 pages.
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Product Overview

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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  • Overview

    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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