Articles by Jack Crawford

Victor F. Lawson House

Affordable Renovation of Lawson House Progresses in Near North Side

Renovation work continues to take shape at the 24-story Victor F. Lawson House at 30 W Chicago Avenue in Near North Side. The Art Deco high rise was originally designed by Perkins, Chatten & Hammond and completed in 1931. Developer Holsten Real Estate will be deconverting the former YMCA from 538 single room occupancy units into 408 affordable apartments. In exchange for keeping all on-site units affordable until at least 2073, the project received both low income housing tax credits and $12.4 million in historic preservation tax credits. Holsten Real Estate has also received a $17.6 million loan from the city, a $79.4 million loan from Chase Bank, and a $17.2 million loan from the Illinois Housing Development Authority.

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The Reed at Southbank

Facade Work Begins on The Reed at Southbank

Metal paneling, glass, and painted concrete are all now visible for The Reed at Southbank, a 41-story residential building rising at 234 W Polk Street in South Loop. Developed by Lendlease, Southbank itself refers to a larger four-building masterplan that split off from CMK‘s planned Riverline development just to the south. This Southbank masterplan also comes with an extended stretch of Riverwalk and a small urban park located in its center.

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