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Chicago

Joseph Skender stepping down as chairman of namesake construction firm

Brother Mark Skender will continue as CEO of the company, which recently launched a modular housing venture

Joseph Skender and a rendering of the Hyatt House in Fulton Market
Joseph Skender and a rendering of the Hyatt House in Fulton Market

Joseph Skender is retiring from the Chicago-based construction firm he and his father started 38 years ago.

Skender is moving from the chairman’s seat to become chairman emeritus, according to REJournals. His brother, Mark Skender, will remain CEO of the company.

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Skender has built dozens of residential buildings, offices and hotels across the Midwest, including expanded offices for Sprout Social and HERE Technologies. Skender is also overseeing the construction of Sterling Bay’s 200-key Hyatt House hotel in Fulton Market.

Joseph Skender started the company in 1980 with his father, also named Joseph Skender.

The firm last year announced it was expanding into the modular construction business, leasing a 105,000-square-foot industrial space in the Little Village neighborhood, where it will build prefabricated housing units than can be stacked atop one another like Legos. The firm was drawing up plans to build the modular units for a 10-story, 144-unit building in Uptown, as well as a seven-story, 122-unit building in Fulton Market. [REJournals] — John O’Brien

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