What happen with this building

thisisme · February 4th, 2012, 04:55 PM

Mr Downtown · February 4th, 2012, 05:47 PM

Looks like construction was halted, either by bankruptcy of the developer or a stop-work order from the city.

rivegauche · February 5th, 2012, 02:48 AM

Where is?

asauterChicago · February 7th, 2012, 02:26 AM

This is off of Elston right?

mohammed wong · February 7th, 2012, 05:01 PM

This is on belmont inbetween western and california.
Still looks like this, just went by it the other day.
Pretty sure I had seen an article that this was purchased by someone to finish,
but no activity. A true modern ruin. Condo carcass.

Mr Downtown · February 7th, 2012, 06:25 PM

SWC of Rockwell & Belmont. I couldn't figure out where a CTA bus line ever runs on Rockwell, but it's actually on Belmont and someone has turned the street sign.

The Urban Politician · February 7th, 2012, 09:01 PM

Last I heard, a rental developer purchased the building and planned to turn it into apartments. I'm not sure what is taking so long--perhaps they are having trouble getting a permit? Of course, there is always the issue of financing

Mr Downtown · February 19th, 2012, 10:08 PM

Chicago Architect Sep-Oct 2011 says "The six-story, 46-unit residential building began construction in 2006 and was foreclosed on less than three years later." The new developer is given as Premium Builders, but the project doesn't yet appear on Premium's website.

"It's lucky they stopped construction when they did," says Jim Collins, AIA, of Criterium Collins Architects & Engineers. Because no windows had been installed, and the underground sewer had been completed, "it was like a parking garage, with nothing impeding the flow of water," so there were no mold or rot issues from the years of neglect. The concrete was fine, and the steel has only some easily-removable surface rust.

RogerT · February 21st, 2012, 09:11 AM

Quote:

Originally Posted by asauterChicago

This is off of Elston right?

Yeah man right and what I've heard about it is that the construction was halted due to bankruptcy..!!

February 4th, 2012, 04:55 PM	#1
thisisme Registered User Join Date: Dec 2011 Posts: 36 Likes (Received): 2	What happen with this building

February 7th, 2012, 09:01 PM	#7
The Urban Politician The City Join Date: Jul 2004 Posts: 5,963 Likes (Received): 1	Last I heard, a rental developer purchased the building and planned to turn it into apartments. I'm not sure what is taking so long--perhaps they are having trouble getting a permit? Of course, there is always the issue of financing __________________ It is humanly impossible to walk through Chicago's core and not consider it one of the world's great cities unless you are inwardly angry at the place for somehow threatening or robbing your hometown of its vitality or integrity.

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February 4th, 2012, 05:47 PM	#2
Mr Downtown Urbane observer Join Date: Aug 2006 Location: Chicago Posts: 1,532 Likes (Received): 0	Looks like construction was halted, either by bankruptcy of the developer or a stop-work order from the city.

February 5th, 2012, 02:48 AM	#3
rivegauche Registered User Join Date: Apr 2010 Posts: 5 Likes (Received): 0	Where is?

February 7th, 2012, 02:26 AM	#4
asauterChicago Registered User Join Date: Feb 2007 Posts: 194 Likes (Received): 0	This is off of Elston right?

February 7th, 2012, 05:01 PM	#5
mohammed wong Registered User Join Date: Oct 2005 Location: Chevanston, IL Posts: 1,895 Likes (Received): 0	This is on belmont inbetween western and california. Still looks like this, just went by it the other day. Pretty sure I had seen an article that this was purchased by someone to finish, but no activity. A true modern ruin. Condo carcass.

February 7th, 2012, 06:25 PM	#6
Mr Downtown Urbane observer Join Date: Aug 2006 Location: Chicago Posts: 1,532 Likes (Received): 0	SWC of Rockwell & Belmont. I couldn't figure out where a CTA bus line ever runs on Rockwell, but it's actually on Belmont and someone has turned the street sign.

February 19th, 2012, 10:08 PM	#8
Mr Downtown Urbane observer Join Date: Aug 2006 Location: Chicago Posts: 1,532 Likes (Received): 0	Chicago Architect Sep-Oct 2011 says "The six-story, 46-unit residential building began construction in 2006 and was foreclosed on less than three years later." The new developer is given as Premium Builders, but the project doesn't yet appear on Premium's website. "It's lucky they stopped construction when they did," says Jim Collins, AIA, of Criterium Collins Architects & Engineers. Because no windows had been installed, and the underground sewer had been completed, "it was like a parking garage, with nothing impeding the flow of water," so there were no mold or rot issues from the years of neglect. The concrete was fine, and the steel has only some easily-removable surface rust.