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

TRD CHICAGO /
Jan.January 17, 2019 02:30 PM

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.

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


Related Articles

arrow_forward_ios
Thor Equities CEO Joe Sitt and a rendering of 800 West Fulton Market (Credit: SOM)

Thor Equities lands $144M construction loan for new tower

Flexport CEO Ryan Petersen and 333 N. Green Street (Credit: Getty Images, Sterling Bay)

Sterling Bay inks tech firm to latest lease at Fulton Market HQ

Chicago Skyline (Credit: iStock)

Windy City’s real estate blown away by other cities

Onni Group president Rossano de Cotiis and a rendering of 369 West Grand Avenue (Credit: Brininstool+Lynch)

Onni Group lands big loan for 41-story River North tower

Clockwise from left: 123 S. Peoria St., 2643 N. Hermitage Ave. and 3754 N. Janssen Ave.

Here are the priciest resi listings in Chicago from last week

Cook County Assessor Fritz Kaegi and a Winnetka mansion (Credit: Cook County and Redfin)

Chicagoland mansion owners won’t get the tax breaks they were promised

From left: 1109 W. Washington Blvd., 1943 W. Cortland St., 2753 N. Hampden Ct. (Credit: Redfin)

Here are the priciest resi sales in Chicago this week

Water Tower Place at 835 North Michigan Avenue (Credit: Google Maps)

To compete with new product, this Mag Mile condo board is slashing fees

arrow_forward_ios