Friedman Properties Ltd., founded in 1970 by Albert M. Friedman, has been pivotal in transforming the River North area of Chicago from a neglected neighborhood to a vibrant live/work/play community. The company has successfully redeveloped over 12 city blocks and now manages more than 50 properties, totaling over 5 million square feet, which include numerous restaurants, hotels, retail spaces, and mixed-use developments. Their portfolio consists of stand-out structures including the historic Medinah Temple and the innovative Reid Murdoch Center. The company has a clear commitment to urban renewal, marked by their projects like the redevelopment of the Trailways bus station and the establishment of LEED certified buildings.
A central tenet of Friedman Properties' mission is sustainable growth and community engagement. The company prides itself on a diverse and inclusive corporate culture, fostering a collaborative work environment where every team member’s ideas are valued. Their leadership team is composed of experienced professionals specializing in various fields from architecture to property management, ensuring a comprehensive approach to real estate development and operations.
Friedman Properties also actively partakes in community initiatives, contributing to local organizations and events. This deep-rooted commitment to the River North area and beyond exemplifies their dedication not just to business growth but to making a meaningful impact in the neighborhoods they serve. With a dedication to quality and innovation, along with a focus on historic preservation and adaptive reuse, Friedman Properties Ltd. continues to lead the way in enhancing urban living in Chicago.
