It doesn't seem like the best time to be planning a new high rise in the South Loop, but Mayor Daley's nephew and his company are
according to this article in the Sun-Times:
Robert Vanecko and his company have a contract to buy what's now the South Loop headquarters of the National Association of Letter Carriers at 1411 S. Michigan, which they plan to knock down and replace with a 220-unit apartment building.
For those unfamiliar with the exact location it's right next to The Chicago Firehouse restaurant.
(image from
Chicago Architecture Info)
2 comments:
Two words BAD IDEA!
There are so many empty lots in the south loop that need development and they want to raze this relatively decent building???
Chances of success = <10%
Regardless of them having a contract, I hope the financing or something falls through on that deal.
Post a Comment