Tan brickwork can now be seen along the exterior walls of a new two-story amenity clubhouse at 2937 S Martin Luther King Drive, part of Bronzeville‘s Prairie Shores apartment complex. The co-developers of this project, Golub & Company and Farpoint Development, purchased the five-building Prairie Shores assemblage for $180 million in 2019 in partnership with Goldman Sachs Urban Investment Group.
Golub & Company
The edifice’s story begins almost exactly 100 years ago, when The Chicago Tribune newspaper held a public competition to design its new headquarters. The key guideline was to design the “most beautiful office building” in the world, with over 260 submissions vying for that title and a first prize of $50,000 (roughly $800,000 in 2021). The winning entry was the Neo-Gothic design by New York-based Raymond Hood and John Mead Howells, whose dramatic Neo-Gothic design came to fruition with the tower’s completion in 1925. The Chicago Landmark would serve as the Tribune’s headquarters for another 93 years, up until its 2018 relocation to One Prudential Plaza. Upon the departure, the property was sold for $240 million to co-developers CIM Group and Golub & Company.
Structural work has reached full height for a new amenity clubhouse, located within the Prairie Shores apartment complex in Bronzeville. Nested between two of the apartment towers, the building will replace former surface parking and reside under the address 2937 S Martin Luther King Drive.
This week, Chicago YIMBY stopped by the Tribune Tower Residences, the newly open condominium conversion at Tribune Tower. The 34-story, 462-foot-tall former publishing headquarters is situated at prominently at 435 N Michigan Avenue along Magnificent Mile.
The Museum of Ice Cream has announced it will open its fourth permanent location inside the re-developed Tribune Tower at 435 N Michigan Avenue on the Magnificent Mile. The Chicago location will be joining similar attractions in New York, Austin, and Singapore, the museum previously has operated long-term pop-ups in places like Miami and San Francisco drawing large crowds to its many social-media friendly displays.