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Old February 15th, 2009, 09:32 PM   #41
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While reading the Dearborn Association newsletter I came across a few bits of info.

First, the Three Arts Club building is no longer going to be a hotel. Soho House pulled out of the deal and now M Development is going to sell the building, possibly to a private elementary school.

Second, they mentioned something interesting about Ogden. I remember that they wanted to add a high school but the newsletter also said something about finding a site to relocate the elementary school because of construction on Walton Street. Are they planning to expand or build an entirely new school on Walton? I wonder if it would be better just to sell that prime piece of real estate to a developer and relocate the school or build it into the base of a skyscraper.
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Old February 15th, 2009, 09:55 PM   #42
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Visit the Ogden School playground at recess time. It'd be a shame if any development of the site resulted in the loss of that outlet for the kids. It's also used after school hours by the neighbors.
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Old March 1st, 2009, 08:53 PM   #43
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http://chicagojournal.com/main.asp?S...25&TM=3878.516

Foreclosure pending on M Development's Armitage Collectoin

...M Development owns several high-end properties across the city, including the Barney's site, the Esquire Theater, the Cedar Hotel, State and Elm, and the old Lincoln Park Hospital building. As far as State and Elm goes, Shapack said, "we are in discussions with several tenants who are interested in leasing portions of this property."

The Cedar Hotel project, he said, is on hold due to the lack of hotel construction financing.

"We are exploring alternative uses for this site," Shapack said.
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Old March 1st, 2009, 08:53 PM   #44
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http://chicagojournal.com/main.asp?S...22&TM=3878.516

War on the Gold Coast
Tension boils over lack of plans for Three Arts Club

By Felicia Dechter


It's war on the Gold Coast as neighbors battle with 42nd Ward Alderman Brendan Reilly, and each other, over the fate of the Three Arts Club at 1300 N. Dearborn.

M Development put the circa-1914, Holabird and Roche-designed property back on the market Monday, after the threat of a 2010 ballot referendum to vote the precinct dry caused the scrapping of a boutique hotel project. Downtown-based Grubb & Ellis is marketing the 67,000-square-foot building, according to Brian Pohl, senior vice president of the firm. M Development bought the property in 2007 for $13.5 million and is taking offers, Pohl said.
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Old April 2nd, 2009, 08:09 PM   #45
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Block 37 Drop-out Moving to Gold Coast

Lululemon plans new Gold Coast store
By: Eddie Baeb April 01, 2009

(Crain’s) — Lululemon Athletica Inc. is planning a store in the Gold Coast that could open this fall at the corner of Rush and Walton streets.

The women’s athletic apparel retailer signed a lease late last year for 2,930 square feet in a standalone store to be built at 930 N. Rush St., a now-vacant corner that was once a Gino’s pizzeria.

http://www.chicagobusiness.com/cgi-bin/news.pl?id=33524
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Old April 25th, 2009, 02:07 PM   #46
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Quote:
http://www.suntimes.com/business/154...town25.article

New plan for Old Town
APARTMENTS INSTEAD OF AUTOS |
Alderman backs rezoning for 13-story tower
Recommend Comments

April 25, 2009

BY DAVID ROEDER AND FRAN SPIELMAN [email protected] [email protected]

A developer has proposed an apartment tower on an Old Town block where neighbors fought off a plan for an auto mall two years ago.

JDL Development Corp. has asked for a zoning change to build 13 stories with 250 units at 1233 N. Wells, the site of a Grossinger auto dealership.............
..
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Old April 25th, 2009, 06:30 PM   #47
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^ Great to hear
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Old April 30th, 2009, 07:12 AM   #48
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http://chicagojournal.com/main.asp?S...7377&TM=29.857

To foreclose or not to foreclose?
Felicia Dechter
4/29/2009 10:00:00 PM


...Yet dotted among the tony graystones and well-heeled residents of the area stand several multi-million dollar vacant properties bought by M Development before the real estate market crash. At an April 15 meeting at Ogden School, Ald. Brendan Reilly (42nd Ward) told the crowd those properties - which include The Cedar Hotel, Three Arts Club, the Regina, the east side of State from Elm to Division and the Esquire Theater - are facing foreclosure suits.

Yet M Development firmly denies this is so, and says they're not in foreclosure on any of their properties in the ward.
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Old May 7th, 2009, 03:53 AM   #49
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Another old place coming back to life? Maybe

Quote:
EXCLUSIVE: Melvin B's coming back?!

Could this be true?!

Just in time for summertime shenanigans, word is that Melvin B's—the Gold Coast's most notorious outdoor bar—is back!

An Ultimate Insider tells 312DD that it's resurfacing in its old home at 1114 N. State St., and will be reopening in about three weeks.

Former owner Donnie Kruse (who also owns Stanley's), says he's not behind this second incarnation, so we're on the case to find out who's in charge.
Not that Melvin B's fits in with the rest of the Gold Coast, but the outdoor patio was always packed with people in the summer. Which definitely beats the current desolate and dirty Cedar Hotel.
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Old May 8th, 2009, 01:17 AM   #50
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http://www.skylinenewspaper.com/News..._winding_down?

Battle over Lake Shore Drive address winding down?
05/05/2009 12:47 PM

By FELICIA DECHTER


Despite the fact that a decade has passed, Gold Coast residents and real estate giant Draper & Kramer continue to duke it out with residents over 9 highly-desirable piece of property that is currently a surface parking lot at 1320 N. Lake Shore Drive.

The latest step in what has become a 10-year-old lawsuit occurred April 21, when D&K appealed a March 25 Illinois Circuit Court ruling that once again denied D&K the right to build the 400-foot tall, 40-story building it received city approval to erect in 1978.
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Old May 8th, 2009, 01:36 AM   #51
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More on the Cedar Hotel

Quote:
EXCLUSIVE: More on the return of Melvin B's!

Apparently, the team behind Manor and RiNo secured the landmark Gold Coast space at 1114 N. State St. and will change the name to Cedar Hotel when it opens in a few weeks.

And they've brought on the boys from The Fifty/50 to upgrade that menu with more upscale bar bites. Thank god because even though Melvin B's and its neighbor, Cactus, were the hot outdoor spots in the summer, the food was pretty bad.
Glad something will open there.
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Old May 16th, 2009, 07:09 AM   #52
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New Barneys

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Old May 16th, 2009, 11:35 PM   #53
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^Nice shot of the green roof. Your photos make the area look very warm and cozy, if you get what I mean.
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Old May 17th, 2009, 12:03 AM   #54
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^Yeah the green roof is quite substantial, isn't it? Certainly transcends a silly PR scheme...

And yeah, I certainly get what you mean about the warm and cozy feeling; that feeling is certainly exemplified in those shots. I just wish it felt the same way at ground level, where it counts.
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Old May 25th, 2009, 08:19 PM   #55
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http://www.chicagotribune.com/news/l...,5726163.story

Ogden School move: Parents in Chicago's Gold Coast upset by impending temporary move to Cabrini-Green area

By Azam Ahmed
May 25, 2009


...But the aging school at 24 W. Walton St. will temporarily close next month while it gets a nearly $60 million makeover, and exactly where the 400 or so kindergarten through 4th-grade students will learn while the hard hats go to work has become quite a controversy in the swanky neighborhood.

...Ogden, though, isn't being permanently closed because of low performance or declining enrollment. Instead, the district is building a state-of-the-art facility replete with underground parking.
---
http://www.pbcchicago.com/content/pr...asp?pID=CPS-36

Description: A modified prototype, 3 story, steel frame and masonry 109,000 sf school with standard elementary school amenities. LEED features: This building will incorporate the sustainable design criteria required by the USGBC to achieve LEED "Silver" Certification.
Architect of Record: Nagle Hartray Danker Kagan McKay Penny, Ltd
---
http://www.ogdenschool.org/index.htm

...This will be our relocation site during the demolition and construction of the new school facility on Walton Street

-----------------------------
Again, if they're going to demolish Ogden I wonder why they didn't just sell the valuable land to a developer and relocate the school elsewhere. Or put the school in the base of a new tower. With Elysian, 10 E Delaware, Walton on the Park, and the new Barneys, it would be nice to fill in that gap on State Street.
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Old June 3rd, 2009, 05:51 PM   #56
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http://www.chicagorealestatedaily.co...ws.pl?id=34270

Deal for trendy Gold Coast hotel collapses
By Andrew Schroedter, June 03, 2009


A new pub and restaurant is planned for a closed Gold Coast transient hotel where a deal by developer Mark Hunt for a trendy Mondrian hotel fell through.

The hotel deal was quietly killed late last year when Morgans Hotel Group Co. terminated a joint-venture agreement with Mr. Hunt’s M Development LLC to demolish the existing structure and build a 216-room hotel near State, Rush and Cedar streets.
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Old June 9th, 2009, 03:25 AM   #57
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Ogden Replacement Elementary School

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Old June 11th, 2009, 07:49 PM   #58
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So the playground/lot on State and Walton will be no longer?
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Old June 18th, 2009, 06:22 PM   #59
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http://www.skylinenewspaper.com/News...r_vacant_Cedar

Cafe pitched for vacant Cedar
By FELICIA DECHTER


...Proposed is a restaurant just shy of 100 seats inside, with 120 seats on the outdoor plaza, according to Chris Oakley, the in-house architect for M Development. The restaurant — which will receive deliveries off of an alley — will occupy 3,000-plus square feet of the building, spanning its ground floor. M Development will illuminate the property’s upper floors so they no longer appear dark and abandoned.

The café will lease the site through 2011, Oakley said. Outdoor seating would close by 11 p.m.

...As far as the rest of the Cedar Hotel goes, all plans are “completely off the table,” Oakley said.
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Old July 8th, 2009, 06:39 PM   #60
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http://www.chicagobusiness.com/cgi-b...rticleId=32131

Schrager digs the Gold Coast
By: Eddie Baeb June 29, 2009


Ian Schrager, the hip hotelier and onetime impresario of New York nightclub Studio 54, is in talks to buy a pair of faded Chicago landmarks, the Ambassador East Hotel and its Pump Room restaurant.

While his deal for the Ambassador East isn't finalized, Mr. Schrager says he would rename and overhaul the 285-room Gold Coast hotel at 1301 N. State Pkwy.
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