Pilsen Moves Forward with 500-Unit Apartment Development
[Rendering via Property Markets Group]
At the beginning of April, New York-based developer Property Markets Group announced plans to build a 500-unit apartment developmenton a vacant, 7.85-acre slice of land in Pilsen, between 16th and 18th streets and Newberry Avenue and Peoria Street. According to the developer, the project, dubbed PMG Windy City, represents a "one-of-a-kind project strategically located within the City of Chicago, steps from thriving retail, public transportation and several major highway corridors."
Snazzy Clybourn Corridor Timber Loft Has Sweet Skyline Views
This spacious three bedroom, two and a half bathroom timber loft in the heart of the Clybourn Corridor has sweeping downtown skyline views and can be had for well under a million bucks. According to the listing, the unit has been remodeled by Mastro Skylar Architects and features all new finishes and name-brand appliances. Head upstairs to access the loft's private rooftop deck and soak up the skyline. This one is ready for summer entertaining and is asking just $899,000.
Everything That Happened at the James Beard Awards; This Month's Hottest Restaurants; More
This week's top dish from Eater Chicago, Curbed's restaurant, bar, and nightlife blog...
[Photo: Barry Brecheisen]
THE LOOP—The most prominent restaurant awards and party in the country, the James Beard Awards, came and went, but not without a gigantic commotion. Here are the winners, a report from the red carpet and afterparties, where famous visiting chefs ate, a mockumentary screened at the awards, and visiting chefs' impressions of Chicago's first time hosting.
AROUND TOWN—It's time to update the Eater Chicago Heatmap, and Dinosaur Bar-B-Que, De Quay, and Boeufhaus join the list of the hottest restaurants in town.
Massive Mega Mall Redevelopment Plan Formally Unveiled at Packed Meeting
Last night, at least two hundred people packed Logan Square's Mega Mall for a meeting hosted by Alderman Scott Waguespack to publicly introduce a plan to redevelop the large 2.55 acre site along the booming Milwaukee Avenue Corridor. Dubbed "Logan's Crossing," developer Scott Gendell of Terraco Inc. and architect Joe Antunovich of Antunovich Associates were on hand to present the proposal, which calls for 267 apartments, 115,000 square feet of retail and somewhere between 350-400 parking spaces in the form of a 900 foot long development that ranges from four to seven stories tall. According to Antunovich, the idea to stagger the height of the development was to make the monolithic project feel and look like several separate buildings. The plan also calls for two retail anchors—a fitness center and a full service grocer—however, no major tenants have officially signed on just yet. The development team also revealed at the meeting that there are plans to introduce a traffic signal on Milwaukee Avenue between Sacramento Avenue and Logan Boulevard.
What the Kitchen Will Look Like in 2025, According to Ikea
All photos courtesy of Ikea
"Food as design" was one of the big trends spotted at Milan Design Week last month and sure enough, very-busy furniture retailer Ikeadedicated a whole exhibit to Concept Kitchen 2025, a deep exploration of how the kitchen will change in the next decade. The project, a collaboration with design innovation firm Ideo and students from Lund University and the Eindhoven University of Technology, stems from a set of basic assumptions about the world in 2025, e.g. "Our homes will become physically smaller," "'Shopping' will mean 'home delivery'." Unlike "kitchen of the future" predictions from, say, the '50s, these prototypes are less about a magical convenience and more about practicality and the environment.
The South Chicago Velodrome has avoided D-Day and will continue to live on. Despite a recent shuffle in management, a recently former community organization and fundraising campaign has been able to meet the demands of the track's landlord and a new lease has been signed that will ensure that the city's only velodrome will remain in place. [DNAinfo; previously]Sales Begin for Upcoming 'Strata' Condo Project in River North
While downtown Chicago is witnessing a flood of new apartments, construction is expected to begin this summer on Strata, a new condo development in River North at 847 N. Larrabee Crain's reports. Property owner Domus Group has just begun sales for the site's 27 units at prices ranging from $799,000 for a three-bedroom unit to $2.1 million for a 3,500 square foot full floor unit. Related Realty, which is serving as Strata's broker for the condo sales, describes the development as "modern European design." Domus purchased the site earlier this year for $4.1 million, and though it actually consists of three separate six-story buildings, the architectural design by Axios Architects is intended to simulate one cohesive building, tied together with roof band, a glass curtain wall, 10-foot ceilings, glass-railed balconies, and exterior limestone details. And naturally, private parking is also included.
—Benjamin van Loon
·River North condo project sets up shop [Crain's]
·Strata [Related Realty]
—Benjamin van Loon
·River North condo project sets up shop [Crain's]
·Strata [Related Realty]
Vintage Travel Documentary Offers a Tour of Postwar Chicago
Stop whatever you're working on at the moment and spend the next ten minutes exploring downtown Chicago as it was in 1948. Produced by MGM Studios, this short film is one of many of the TravelTalks films featuring James A. FitzPatrick that the studio made during the 1930s, '40s and early '50s. In this short film, the viewer is taken on a journey that starts in downtown, then heads north to the old Edgewater Beach Hotel then back south towards the Museum Campus and Hyde Park. Many landmark buildings make appearances in the film, including the Chicago Board of Trade, Merchandise Mart, Tribune Tower, Wrigley Building, Field Museum, Lyric Opera House and even the long-demolished Palmer Mansion built by famous developer Potter Palmer.
Navy Pier Flyover Status; Englewood Whole Foods; More
·Navy Pier Flyover status update [Chicago Architecture Blog]
·Take a peek into Beverly's Frank Lloyd Wright house [DNAinfo]
·Whole Foods in Englewood breaks ground [WBEZ]
·Real estate developers discuss housing market [Chicago Mag]
·Chicago is very segregated [FiveThirtyEight Economics]
·11 time-lapsed views of Chicago's growth [RentCafe]
·Chicago's parking meters collect $131 million, but not for the city[Chicago Reader]
·Take a peek into Beverly's Frank Lloyd Wright house [DNAinfo]
·Whole Foods in Englewood breaks ground [WBEZ]
·Real estate developers discuss housing market [Chicago Mag]
·Chicago is very segregated [FiveThirtyEight Economics]
·11 time-lapsed views of Chicago's growth [RentCafe]
·Chicago's parking meters collect $131 million, but not for the city[Chicago Reader]
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The Cheapest and Priciest Neighborhoods to Rent in Chicago
[Lincoln Park is one of the city's priciest neighborhoods. Photo via the Curbed Chicago Flickr pool/Adrienne Cragnotti]
Another month has passed which means it's time to take a look at the new numbers for the country's rental market. Apartment search site Zumper has just released its new national rent report which sheds some light on the state of renting in the 24 priciest US cities. Far from perfect, Zumper's reports should be taken with a grain of salt as these numbers only reflect the apartments that are available on the site itself, so don't expect to see rent prices that would reflect the rates that most mom and pop independent landlords would charge. In the latest report, Zumper bumps Chicago from the 7th place spot down to the 9th place spot, following Miami while leading Seattle in terms of cost of living. It pegs the monthly median price for a one bedroom in Chicago at $1,720, down from $1,760 a month ago. The median for a two bedroom has dropped from $2,370 to $2,300.
Chicago Ave. Apartment Project Ready to Start Construction
[Rendering by Pappageorge Haymes]
A new apartment development for Chicago Avenue in East Village is ready to dig in. Yesterday, the city issued a building permit to 1850 Chicago LLC (Fifield Companies) for a new four story apartment and retail development that will fill the vacant stretch between 1822-50 W. Chicago Avenue. The project has been in the works for a number of years, having first been introduced back in October 2012. The following year the proposal received some changes and a new look but more recently, a community group was at odds with the developer's desire to avoid adding any affordable housing units to the plan. However, last October Alderman Moreno struck a deal with Fifield to include four affordable housing units. According to the permit, the new project will include a total of 59 apartments, 49 parking spots and just under 15,000 square feet of ground floor retail space, all at an estimated $13 million price tag.
Zen Decor Complements Transcendental Views in This Lake Shore Drive Co-op
It's not often that a new space gets listed in Fugard & Knapp's 229 E Lake Shore Drive building, a central and "prestigious" co-op in the Gold Coast's landmark East Lake Shore Drive District. So naturally, the zen decor for this renovated and restored, $2 million, tenth-floor listing seems especially fitting. Light permeates the almost-century-old space, which includes four bedrooms, four bathrooms, and a library that opens up to a broad living room with unobstructed lake and city views. A large, sunny eat-in kitchen adds a contemporary flourish to the home, which retains ample hardwood flooring and molding throughout to connect it to its historical character. Though the $6,645 monthly HOA fees are substantial, they are all-inclusive; a small price to pay for a bright slice of nirvana.
Andersonville's Edgewater Lounge on the Market, Served With a Side of Ghost
A longtime Edgewater and Andersonville favorite, the Edgewater Lounge, recently hit the market for a cool $725,000. The two-story mixed-use building features 1,700 square feet of retail/restaurant space on the first floor and a two-bedroom, 1,100-square-foot apartment with 625-square-foot outside deck on the second floor. Since 1908, the divey Edgewater Lounge at the corner of Ashland and Bryn Mawr has been serving up brews and burgers to neighborhood regulars but is now seeking a new owner.
Curbed is Seeking an Engagement Editor—Is It You?
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We're looking for a great engagement editor to join the team in our New York office and help us grow and diversify our existing audience, while reaching potential readers who don't even know we exist, turning Curbed into a multi-platform juggernaut for all intelligent home-related content.
Do Chicago's speed cameras really make the streets safer? While there's no data available that proves that the cameras reduce speeding and accidents, they have delivered lots of cash to the city's coffers. [DNAinfo]SIGN UP FOR OUR NEWSLETTER
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Curbed University delivers insider tips and non-boring advice on how to buy or rent a house or apartment.
- The Eternal Debate: Renting vs. Buying
- Inside the All Powerful Condo Association
- Here’s the Lowdown on Mortgages
- On the Topic of Appraisals
- The How-To on Home Inspections
- Making Sense of Brokers' Commissions
- There's Nothing Short About Short Sales
- The Flip: Can You? Should You?
- Curbed’s Guide to Renting in Chicago
- The Weird World of Rental Deposits and Fees
- Documents Needed to Rent an Apartment in Chicago
- Property Research Pointers for Diligent Renters & Buyers
- Using Property Records to Your Advantage
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