Everything New and Coming Soon to Chicago

Chicago is undergoing a historic $20 Billion transformation from massive downtown redevelopments like the O’Hare 21 and United Center District to booming suburban projects in New Lenox, Frankfort, and beyond. This video dives into the major city and suburban developments reshaping Chicago’s future, creating jobs, new housing, and unprecedented opportunities for families, businesses, and investors.

If you prefer reading, here are the cliff notes ⬇️

5 Key Takeaways:

• Historic Scale of Investment: Chicago is experiencing its largest redevelopment wave since the Great Fire of 1871, with $20 Billion+ in projects spanning the city and suburbs, driving housing growth and economic expansion.

• Downtown Mega-Projects: Transformations include the $12 Billion O’Hare 21 airport expansion, the $7 Billion United Center District, the 78 mega-development, and Bronzeville Lakefront, collectively adding tens of thousands of jobs, homes, and mixed-use spaces.

• Southwest Suburbs Booming: New Lenox leads the charge with the $70 Million Wintrust Crossroads Sports Complex, projected to generate $37 Million annually, while Frankfort and Mokena are balancing smart housing growth with strong community amenities.

• Western & Luxury Suburbs Rising: Towns like Homer Glen, Lockport, and Lemont are enhancing their downtowns and trail systems, while Palos Park and La Grange attract luxury buyers with estates, transit access, and natural beauty.

• Why It Matters: These projects are more than construction: They represent a complete reshaping of Chicago’s metropolitan landscape, strengthening global connectivity, creating diverse housing options, fueling economic resilience, and opening doors for relocation and investment.

Hope this was helpful!

John Sintich, Realtor® 

Keller Williams Preferred Realty

708-612-0644