Bisnow: Edgewater And Uptown Strengthen Claims As Lakefront’s Premier Markets For Development
Interra Realty Director Paul Waterloo said the rise in values has been especially steep over the long term in Uptown, once an economically disadvantaged neighborhood avoided by multifamily buyers. The values of many properties there multiplied by seven since 1991.
“Investors have noticed, and have been quick to take advantage,” he said.
And where investors go, builders will follow.
Read article: Bisnow