September 15, 2026

Today's Featured News

Making Affordable Housing More Affordable To Build

REjournals

McHugh Construction is building Southbridge 1C, a mixed-income building near Chicago’s South Loop (top; credit: Gensler), and has completed multiple phases of Habitat’s Ogden Commons development in North Lawndale, including The Junction at OC Living (lower left), where apartments feature contemporary finishes and energy-efficient kitchens (lower right; credit: Habitat).


As the country continues to grapple with rising material costs amid an affordable housing shortage, we saw an opportunity to position Taylor Johnson client McHugh Construction as a resource on how smarter construction planning can help limited housing dollars go further. TJ reached out to REjournals and secured a byline on the topic from McHugh President Kinjal Patel. Drawing on the firm’s experience delivering nearly 50,000 residential units, including 500 affordable and mixed-income units over the past four years, Patel explains why the greatest opportunities to control costs often occur before construction begins. He highlights the importance of early collaboration among owners, architects and contractors; strategic procurement of long-lead materials and equipment; strong subcontractor and development partnerships; standardization of building components; and thorough preconstruction planning. The article also showcases McHugh’s affordable housing portfolio, including Southbridge 1C, 508 Pershing, 43 Green and OC Living – the last two developed by TJ client Habitat.




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News
Residential Real Estate

NAHREP: Hispanic Families Drive US Household, Homeownership Growth

Chicago Agent Magazine


*The 10 Most Overvalued Housing Markets In America

MarketWatch


The 4% Mortgage Is Back. Is It Keeping New-Home Prices From Falling?

Realtor.com


August Builder Sentiment: Slow, Competitive, Challenging

Builder


*Airbnb Sets Up $250 Million Fund To Invest In Housing Construction

The Wall Street Journal

 
Commercial Real Estate

*Bally's Maintains 2027 Opening Target While 'Changing The Sequencing' Of Chicago Casino Project

Chicago Business Journal


ComEd’s Crackdown Thins The Data-Center Pipeline — A Break For The Strained Power Grid

Crain's Chicago Business


Office NOI Growth Stalled As Expenses Outran Revenue

GlobeSt.


Potential AI Slowdown Is Not 'End Of The World' For Data Center Real Estate, Says Digital Realty CEO

CNBC

 
Business/Economy

Sabbaticals Are A Powerful Retention Tool. Here’s The Research To Prove It

Fast Company


*US 10-Year Yield Rises To Highest Since 2007 As Fed Looms

Bloomberg

 

In Other News

*Open House Chicago Returns Next Month With Over 200 Sites — Including 20 New Ones

(featuring BandWith designed by TJ client LJC Design & Engineering and Blackhawks Ice Center constructed by client McHugh Construction)

Block Club Chicago

 
Events
**Taylor Johnson Staff To Attend

Chicago BUILT Golf Invitational

Wednesday, September 16, 2026


Bisnow Midwest Data Center Investment Conference & Expo

Wednesday, September 16, 2026


**2026 Goldie Gala Chicago

(featuring TJ clients CRG and NAI Hiffman | Hiffman National)

Thursday, September 17, 2026


REIA Breakfast Meeting: REIA/DePaul Summit

Thursday, September 17, 2026


BIAGC Golf Outing

Thursday, September 17, 2026


Women's Council Of REALTORS® Casino Night

Thursday, September 17, 2026


CCIM Knakal Knetworking: The Deals Behind The Deals

Friday, September 18, 2026


CBC Women's Special Interest Group Late Summer Social

Tuesday, September 22, 2026


BIAGC Tech Talk: Redefining Rooftops

Tuesday, September 22, 2026


Next City Vanguard Conference

Tuesday, September 22 - Friday, September 25, 2026


Crain’s Chicago Business Elevate: Economic Mobility Starts At Home

Wednesday, September 23, 2026


Chicago Association Of REALTORS® 143rd Inaugural Gala

Thursday, September 24, 2026


**CoreNet Lunch Series: The Really Real Truth About AI In Real Estate: Are You Thinking Big Enough

Thursday, September 24, 2026


Bisnow Chicago Leasing Conference

Tuesday, September 29, 2026


REjournals Chicagoland Property Management Summit

(featuring TJ client Hiffman National)

Tuesday, September 29, 2026


IREM Chicago Chapter Outing To SPF Pickleball In Lincoln Park

Wednesday, September 30, 2026


BOMA/Chicago Block Party

Wednesday, September 30, 2026


LAI Chicago Region 2026 Annual Meeting & Networking Breakfast

Wednesday, September 30, 2026


Harold E. Eisenberg Foundation Career Summit

Thursday, October 1 - Friday, October 2, 2026


CREDA Conference

Monday, October 5 - Wednesday, October 7, 2026


Crain's Chicago Business Breakfast Brief – Power, Pressure & The Modern Board: Why The GC Is Now The Most Influential Voice In The Room

Tuesday, October 6, 2026


BOMA Chicago Emerging Leader October Happy Hour

Wednesday, October 7, 2026


CREW Chicago Improve With Improv: A Public Speaking Workshop – Members Only

Wednesday, October 7, 2026


ULI Chicago | Which Way Is Up? A Look At The Capital Markets

Thursday, October 8, 2026


CBC Riverfront Exchange

Thursday, October 8, 2026


CREW Chicago Cocktails & Conversation

Thursday, October 8, 2026


IREM Chicago NBC Tower Building Tour

Thursday, October 8, 2026


Women's Council Of REALTORS® Flannel Fest & Affiliate Expo

Thursday, October 8, 2026


CAA Trade Show & Education Conference

Tuesday, October 13, 2026


CREW Chicago Annual Economic Outlook

Wednesday, October 14, 2026


A Crain's Exclusive: Google's Reinvention Of The Thompson Center

Wednesday, October 14, 2026


REIA Multifamily Breakfast Meeting

Thursday, October 15, 2026


Chicago BUILT 2026 Fall Dinner

Thursday, October 15, 2026


Crain’s Chicago Business C-Suite Conversations

Thursday, October 15, 2026


Bisnow Chicago State Of The Market

(featuring TJ clients CRG and NAI Hiffman)

Tuesday, October 20, 2026


CREW Chicago October Prospective Members Coffee And Conversation

Tuesday, October 20, 2026


REIA Oktoberfest Networking Event

Tuesday, October 20, 2026


LAI Chicago 2026 New Member Initiation & Awards Banquet

Tuesday, October 20, 2026


25th Annual Marshall Bennett Institute Of Real Estate Gala – (Robert 'Bob' Wislow Named 2026 Lifetime Achievement Award Honoree And Melanie Jeffries Named Rising Star Honoree)

(hosted by TJ client Marshall Bennett Institute Of Real Estate)

Thursday, October 22, 2026


BIAGC Whiskey & Wings An After Hours Experience At Walk Thru Plans

Thursday, October 22, 2026


Illumination

(hosted by TJ client CRG)

Saturday, October 24, 2026


CoreNet Global North America Summit

Monday, October 26 - Wednesday, October 28, 2026


CREW Chicago Last Call For Fall: A Spectacular Night Under The Big Top

Wednesday, October 28, 2026


Chicago Build Expo 2026

Wednesday, October 28 - Thursday, October 29, 2026


Bisnow Chicago Industrial Summit

Tuesday, November 3, 2026


Harold E. Eisenberg Foundation Annual Dinner

Thursday, November 5, 2026


CAA Preview 2027: Annual Apartment Industry Outlook

Thursday, November 5, 2026


CREW Chicago Book Club: Preparing For Difficult Conversations

Thursday, November 5, 2026


CREDA 39th Annual Awards For Excellence

Thursday, November 5, 2026


Bisnow Chicago's Northern Suburbs Real Estate Boom

Thursday, November 12, 2026


IREM Leadership Forum

Saturday, November 14 - Tuesday, November 17, 2026


AHF Live

Monday, November 16 - Wednesday, November 18, 2026


CREW Chicago 4Q Leaders Building Leaders

Tuesday, November 17, 2026


Bisnow Chicago Property Management & Operations Summit

(featuring TJ client Hiffman National)

Wednesday, November 18, 2026


**Lincoln Park Builders Real Estate Forum

(hosted by TJ client Lincoln Park Builders Of Chicago)

Thursday, November 19, 2026


REIA Breakfast Meeting: Suburban Economic Development

Thursday, November 19, 2026


BOMA Chicago 124th Annual Membership Meeting

Thursday, November 19, 2026


Chicago Association Of REALTORS® 2026 Casino Royale

Thursday, November 19, 2026


Bisnow Chicago Hospitality Summit

Wednesday, December 2, 2026


2026 REFF Holiday Party

Thursday, December 3, 2026


REjournals Chicago Commercial Real Estate Forecast

Thursday, January 14, 2027


REjournals Chicagoland Industrial Summit

Wednesday, March 10, 2027

 
Job Openings

Assistant Project Manager

McHugh Construction


Senior Marketing Manager

Cross Street


Project Manager

Baker Barrios Architects


Architect

Baker Barrios Architects


To post an open position, please contact Gina Graf at ggraf@taylorjohnson.com.

 
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