“So much so fast”: Construction projects carry on, but local developers brace for shutdown

Barring a citywide stop-work order, projects being built on spec and hotel construction would likely be among the first to hit the pause button

Before deciding to build in Chicago, developer Alex Najem factored in a potential black swan event that could upend the economy. Ultimately, he chose to focus his firm, Fulton St. Companies, on the booming Fulton Market district, believing it could withstand a downturn better than other neighborhoods.

But he did not factor in the coronavirus emergency...
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- - Volume: 8 - WEEK: 12 Date: 3/19/2020 8:34:45 AM -