Real Estate Optimization
Partner:
Client:
City of Chicago
Project Year:
2006
Project Description:
With nearly 40,000 employees, the City of Chicago owns and leases millions of square feet of office space.
In 2006, Civic Consulting Alliance developed a strategy to reduce the cost of real estate for the City.
The team identified opportunities to consolidate 2 million square feet of real estate and recommended a new organizational structure to manage the City’s $1 billion real estate portfolio.