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Old December 14th, 2010, 07:20 AM   #81
mohammed wong
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Loyola bought vacant lot @ 6300 N Broadway Ave

Loyola buys site of scrapped condo project
December 13, 2010

(Crain’s) — Loyola University Chicago recently snapped up the site of a proposed condominium building near its Rogers Park campus for $940,000, less than the debt on the vacant parcel.

The university paid about $52 per square foot for a long-vacant 18,000-square-foot site at the northwest corner of Broadway Avenue and Rosemont Avenue, about a block from the university’s campus, according to real estate firm Titan Commercial LLC, which represented Loyola in the transaction.

A Loyola spokeswoman says there are currently no plans for the site, 6300 N. Broadway Ave., where residential developers once planned a five-story condo building. The site is not included in the university’s master plan for development but is within the Devon/Sheridan tax-increment financing district, which was established in 2004 and includes parts of Broadway, Devon Avenue and Sheridan Road.

“My guess is it (the site) would be more for office space or dorms than for retail," says Peter Graham, a vice-president with CB Richard Ellis Inc. who specializes in retail real estate and wasn’t involved in the sale.

A Loyola building of any kind would be a boon to the neighborhood, he adds.

"It definitely extends the campus south … down Broadway, which would bring in more businesses and get more foot traffic down there," he says.

For Loyola to buy the site without a specific plan isn’t surprising, says Robert D. Bronstein, president of Chicago-based student housing firm Scion Group LLC.

“If anyone were to buy a piece of land and hang on to it for a couple of years, it would be a large university,” he says.

The sellers were developers Altaf and Nasir Hemani, who paid $800,000 for the land in 1994, property records show. Their lawyer, Richard Witry of Chicago-based McCarthy Duffy LLP, didn't return a call seeking comment.

The sale closed Nov. 22.

Loyola paid less than the balance due on a loan on the site that the Hemanis obtained from Wilmette-based Premier Bank in September 2009, people familiar with the transaction say. The balance due on the loan could not be determined.

The site has remained vacant since the Hemanis’ plans fell through for a 36-unit condo building with ground-floor retail space.

The first phase of the university's campus redevelopment plan, the Morgan at Loyola Station, opened last year at 1209-10 W. Arthur Ave., two blocks north of the Broadway site.

The Morgan, which includes 152 rental apartments and 33,000 square feet of retail, is now 98% leased, according to developer Dan McCaffery, president of Chicago-based McCaffery Interests Inc.

CVS/Pharmacy, T-Mobile and Five Guys Burgers & Fries are among the tenants.

In the land purchase, Dan Steinberg, a vice-president with Chicago-based Titan, represented Loyola.



Read more: http://www.chicagorealestatedaily.co...#ixzz183n1sr8h
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Old January 21st, 2011, 05:58 AM   #82
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Loyola buys nun building

http://www.chicagorealestatedaily.co...#axzz1Bakt8Tff
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Old January 22nd, 2011, 10:42 PM   #83
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Development at Victoria and Broadway

(Right now its looks like it was a used car lot so
I think this is better)

http://edgewatercb.blogspot.com/

From the BARGE block club:
There is a new building going into the empty lot at Victoria & Broadway. It will be a three story medical building with parking on the first level. Tom Scruggs and I have attended most of the meetings at the Alderman's office with the architect where aesthetic and practical details are being agreed upon before final approval is given by Mary Ann Smith.

Points of interest:
-The entrance to the lot will be on Broadway.
-To prevent a curb cut and loss of street parking on Victoria, the parking lot
will exit into the alley.
-The trees on Victoria will be maintained and additional landscaping will be
added.
-There is a possibility of I-Go car rental or bike rental in the lot.
-The business owners are hoping to be open in June/July 2011.
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Old January 22nd, 2011, 10:50 PM   #84
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Local School getting better?

Fine arts magnet program coming to Senn

From Chicago Now's "District 299" Chicago schools blog:
"After years of hard work by the Senn Strategic Planning Committee, the Senn Local School Council, Alderman Smith and other elected officials, the Chicago Board of Education is set to approve a fine arts magnet program at Senn High School at its meeting on January 26. > > CPS will announce details of the program, which will begin in September, 2011, at a public forum on Thursday, January 20 at 6:30 p.m. in the Senn auditorium, 5900 N. Glenwood. This forum is required before the Board can act on the proposal. Everyone is invited to attend the forum to learn more about this exciting educational option for our youth."

http://edgewatercb.blogspot.com/
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Old February 1st, 2011, 07:01 AM   #85
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Rendering of possible building at Former Edgewater Hospital Site

http://theresidencesatedgewaterpark.com/the-vision
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Old February 3rd, 2011, 05:54 AM   #86
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Quote:
Originally Posted by mohammed wong View Post
Looks to be a great reuse project... not a fan of the parking arrangements, but certain sacrifices need to be made to ensure reinvestment occurs.
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Old March 1st, 2011, 02:07 AM   #87
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Coming Soon in Edgewater!!!!

http://edgewatercb.blogspot.com/2011...ns-abound.html

Monday, February 28, 2011New neighborhood dining options abound in Edgewater
Edgewater/Andersonville already has a plethora of great dining establishments, but it looks like our number of options are about to increase.

Nookies has been rumored to be coming to the corner of Winthrop & Bryn Mawr for years, and it turns out it may have been worth the wait! According to this article on Eater Chicago, Nookies' Edgewater location will open this spring and offer much more than their other three locations. The restaurant will feature a full bar, a coffee bar, a fresh juice bar, a 60 seat outdoor patio and an expanded dinner menu including BBQ items.

Burke's Public House has been in the works since 2009 at the northeast corner of Broadway/Balmoral, and recently has made much progress with a bar being installed inside and recently the exterior has been spruced up with new windows and the awning in the picture. Also (if you click the photo) you'll notice the "now hiring" sign on the front door. No specific date yet that we know of, but if they're hiring staff as Nookie's just started doing, we have to assume they're coming soon!


Lady Gregory has also teased us with "coming soon" paper covering its windows since 2009, but according to the Andersonville Chamber of Commerce Facebook page Lady G's is now targeting an April 15th opening. Lady Gregory is owned by the same people of Wilde and Beckett's and will be located on the corner of Berwyn & Clark.

Kingfisher Seafood Restaurant & Bar (5721 N Clark) is now open, according to their website: http://www.kingfisheronclark.com/. The new restaurant in the former Arkadash Cafe space features fresh seafood which is brought in daily, and will be open for lunch and brunch in addition to dinner. Currently Kingfisher is BYOB until a liquor license is obtained.



And last, but not least, a new burger joint is coming to Andersonville: The Burger Philosophy will open soon at 1545 W Bryn Mawr. According to their website (http://www.theburgerphilosophy.com/) The Burger Philosphy will feature burgers with fresh daily-ground meat, hand cut french fries and malts & milkshakes. An odd name choice in our opinion, but if their burgers are as good and their fries are better than Five Guys', we'll quickly forgive them.
Posted by Edgewater Community Buzz
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Old March 1st, 2011, 02:10 AM   #88
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Broadway Armory is adding a Running Track etc...

http://edgewatercb.blogspot.com/2011...armory_28.html

From Harry Osterman's office:

You may know that the Broadway Armory is under construction to (among many changes) add a running track. Rep. Osterman has been working with the city along with other local representatives, and wants you all to have the information.

Representatives from the City Planning Department will be on hand to present the planned changes and answer any questions neighbors may have about the "new" Armory on:
Thursday March 10, 2011
Broadway Armory Park
5917 N. Broadway Ave.
7:00 pm
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Old March 10th, 2011, 06:37 AM   #89
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new edgewater library

http://edgewatercb.blogspot.com/2011...edgewater.html

From the ASCO newsletter:
A new Edgewater Branch Library has been approved by the Public Buildings Commission and the firm of noted architect Dirk Lohan has been contracted . The current library will be demolished as well as the adjoining building. The new building will be in the same location but the address and entrance will be on Broadway. More parking will be available. The plot will be bounded by Elmdale on the South, Norwood on the North, Broadway on the East and the public alley on the West.

The new building will be 18,665 square feet and two stories high. It will include a reading room on each floor with stacks, a meeting room and an elevator. Library staff offices and a dividable community room are included. About $900,000 has been authorized for design and planning.

The site must be ready for construction by Nov. 16, 2011. A year is being allocated for construction with additional time periods for approvals and inspections. Improvements will be made to the public way.

Our State Representative, Harry Osterman was approached by Library Commissioner Mary Dempsey and asked to obtain funds for a new Edgewater library. Now, as the incoming Alderman, he will have to negotiate a temporary site for our books and services.
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Old September 13th, 2011, 10:05 PM   #90
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Quote:
Originally Posted by TroyBoy View Post
Where does uptown end and edgewater start? Bryn Mawr of Foster?

Also hows the beaches and lake front up there? I live by Irving Park and i like to run along the lake, but i have always ran south to North Avenue or downtown. Never north, guess ill have to wait for spring.
Edgewater starts at Foster going north. as far as the beaches, osterman at Hollywood is probably the best on the north side. It lacks parking and that keeps it uncrowded and fairly clean. We also just got new restrooms with a restaurant/snackbar that also sells beer and wine.
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Old September 13th, 2011, 10:08 PM   #91
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Quote:
Originally Posted by mohammed wong View Post
http://edgewatercb.blogspot.com/2011...edgewater.html

From the ASCO newsletter:
A new Edgewater Branch Library has been approved by the Public Buildings Commission and the firm of noted architect Dirk Lohan has been contracted . The current library will be demolished as well as the adjoining building. The new building will be in the same location but the address and entrance will be on Broadway. More parking will be available. The plot will be bounded by Elmdale on the South, Norwood on the North, Broadway on the East and the public alley on the West.

The new building will be 18,665 square feet and two stories high. It will include a reading room on each floor with stacks, a meeting room and an elevator. Library staff offices and a dividable community room are included. About $900,000 has been authorized for design and planning.

The site must be ready for construction by Nov. 16, 2011. A year is being allocated for construction with additional time periods for approvals and inspections. Improvements will be made to the public way.

Our State Representative, Harry Osterman was approached by Library Commissioner Mary Dempsey and asked to obtain funds for a new Edgewater library. Now, as the incoming Alderman, he will have to negotiate a temporary site for our books and services.
Posted by
As a resident, I miss the old library. My kids miss it, too. We hope it will not take forever to replace it! Also, if the city/state/country are broke, where is the money for this coming from? More "printed" (i.e., stimulus) money?

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Old September 13th, 2011, 10:23 PM   #92
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Osterman Beach Off Season rules: Surfing

Since Labor Day has come and gone, most Edgewater residents realize that September through December is when we have some fairly sizable waves. The Park District has revised its rules and you are now allowed to surf at Osterman between Labor day and Memorial day: AT YOUR OWN RISK. Previous to now you could be ticketed for doing so.

In a few weeks you'll need a wetsuit. I'll be out at the main break with my longboard.
Shaka!

http://www.chicagoparkdistrict.com/i...5395e102d4.cfm
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