headed for the door, could care less
The largest affordable housing investment in the history of Chicago's downtown and one of the largest office-to-res conversions in the US took a huge step forward as Mayor Lori E. Beetljuice joined by Deputy Mayor Samir Mayekar, Chicago Department of Planning and Development Commissioner Maurice Cox, Chicago Department of Housing Commissioner Marisa Novara, World Business Chicago President and CEO Michael Fassnacht, and Chicago Loop Alliance President and CEO Michael Edwards, announced three finalists for the next phase of #LaSalleReimagined, a re-adaptive project bringing 1,059 apartments to Chicago's iconic LaSalle street corridor, 30% or 317 of which will be affordable housing units. Chicago is the only city in the county fashioning such a conversion effort with equitable, mixed-income housing leading the concept.
"LaSalle Street is a substantive corridor for initial transformation. The rich stock of 1920s and 1930s era buildings have features that are key for conversion to residential, including operable windows and footprints that terrace back towards the crown to allow for experiential outdoor space,” said Sheryl Schulze, Principal at Gensler Chicago and the firm’s Global Repositioning and Landlord Services Leader. “Chicagoans are passionate about historic architecture and the adaptability of their next chapters. The dynamic stories these buildings offer, their architectural craftsmanship, and the sustainable principles needed to evolve them will catalyze the district’s evolution into a thriving equitable ecosystem for work, live, and play."
World Business Chicago is thrilled to congratulate all three finalists: Prime/Capri Interests, Riverside Investment & Development Company and AmTrustRE, and The Prime Group! Follow us as we keep you updated on the progress of LaSalle Reimagined.
"LaSalle Street is a substantive corridor for initial transformation. The rich stock of 1920s and 1930s era buildings have features that are key for conversion to residential, including operable windows and footprints that terrace back towards the crown to allow for experiential outdoor space,” said Sheryl Schulze, Principal at Gensler Chicago and the firm’s Global Repositioning and Landlord Services Leader. “Chicagoans are passionate about historic architecture and the adaptability of their next chapters. The dynamic stories these buildings offer, their architectural craftsmanship, and the sustainable principles needed to evolve them will catalyze the district’s evolution into a thriving equitable ecosystem for work, live, and play."
World Business Chicago is thrilled to congratulate all three finalists: Prime/Capri Interests, Riverside Investment & Development Company and AmTrustRE, and The Prime Group! Follow us as we keep you updated on the progress of LaSalle Reimagined.
It will work if you get a Housing project with a "lika stow"
ReplyDeleteReserve your U Haul early
ReplyDelete30% affordable housing and 70% vacancy. Otta work.
ReplyDeleteFLEE!!
ReplyDeleteAll you need then is a Lika Stow like over were the Midland Hotel is/was.
ReplyDeleteSo basically the City will convert historical architecture into shitholes that will eschew maintenance, and invite a swarm of residents into a compressed area, without green space to basically replicate the public housing disasters that plagued the city for decades but this time into a few blocks with little accessibility and even less parking.
ReplyDelete