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$213M Transit Center OK'd for Block 37
The Chicago Transit Board has authorized the financing and
development of a $213.3 million subway station at Block 37
in downtown Chicago.
Project advancement depends on the city of Chicago's reaching
a formal agreement with Virginia-based Mills Corp. for the
overall redevelopment of the site.
The new CTA station would serve as the main terminal for a
new, premium express rail service to both O'Hare and Midway
Airports. Construction of the terminal and an underground
track connecting the CTA's Blue and Red Lines would constitute
the first phase of the development of the express train service,
but CTA would begin operating local rail service to O'Hare
and Midway upon opening of the retail portion of the development.
Mills would pay $40.9 million of the project cost. The remaining
$172.4 million is expected to be funded by the CTA and the
city of Chicago. The CTA expects to use capital funds for
up to $130 million and is working with the city to finalize
an agreement for the remaining $42.4 million.
As a public/private project, the transit terminal is eligible
for low-cost, long term financing through the U.S. Department
of Transportation's Transportation Infrastructure Finance
and Innovation Act. The CTA will work with Mills to apply
for this financing.
Construction of the Block 37 station would constitute the
first phase of the overall development process for the express
train service. Subsequent phases will proceed as funding becomes
available. Conceptual plans envision a premium amenity, premium
fare airport express service that, in cooperation with airlines,
could accommodate a future full service air terminal with
ticketing, passenger check-in and baggage checking.
850 Lofts Coming To Southwest Side
University Commons, a redevelopment of the former South Water
Market on Chicago's near Southwest Side, will result in a
total of 850 new loft residences.
The South Water Market once served as the city's main wholesale
produce market, and six, three-story warehouse buildings are
clad in terra cotta.
The five city-block property lies between 14th Place and 15th
Street and between Morgan and Racine streets just south of
the University of Illinois at Chicago campus.
The facility encompasses a variety of floor plans. Two-bedroom
units offer 817 sq. ft. to 1,226 sq. ft. of living space.
Three-bedroom plans offer 1,247 sq. ft. to 1,642 sq. ft.
Two other major developments nearby include University Village
and Roosevelt Square.
Brick-By-Brick Move For Platt Facade
The facade of the historic Platt Luggage Building in Chicago
will be dismantled brick by brick and moved two blocks for
reassembly.
The project was announced by the Metropolitan Pier and Exposition
Authority as preparation starts for the construction of the
McCormick Place West Building, which will rise on the site
where Platt is.
The Platt building, which was originally constructed in 1908
at 2301 S. Prairie Ave., has historical significance because
famed architect Howard Van Doren Shaw designed it in the Beaux
Arts style.
Under steps to be carried out over several months, the facade
will be dismantled, and individual pieces will be inventoried
and catalogued according to their current position. They will
be moved to the corner of Cermak Road and Martin Luther King
Jr. Drive, where they will be reassembled in their original
configuration.
There, the facade will serve as a permanent screen for the
Trigen-Peoples Energy Corp. facility and serve as the first
glimpse convention-goers and other visitors will see of the
McCormick Place campus. It will also be adjacent to the Donnelley
Printing Plant, another Shaw commission.
Marianjoy Hospital Slated for Renovation
The Chicago office of Gilbane Building Co. has announced
that it has begun construction of a $55 million hospital for
Marianjoy Rehabilitation Hospital in Wheaton.
The project is slated for completion in October 2005.
The 175,000-sq.-ft. replacement hospital will be built on
an existing parking lot to preserve open space and will include
120 private rooms, wellness center, meditation room, chapel
and parking. The existing hospital will become an expanded
outpatient facility.
A substantial amount of landscaping is planned for the project,
including a labyrinth garden.
The project's first phase includes site utility relocations,
temporary surface parking and selective demolition. This will
be done to begin construction of a four-level, precast concrete
parking structure for 517 cars.
Michigan Avenue Towers To Become River Museum
One of Chicago's most famous sites will soon become a new
cultural attraction.
Two of the four towers guarding the Michigan Avenue Bridge
and overlooking the skyscraper-surrounded river will become
the Chicago River Museum and Chicago River Center.
Friends of the Chicago River announced the $1.5 million project
that will transform the southwest tower of the Michigan Avenue
Bridge into the river museum and the northeast tower into
the river cultural center.
Residents and tourists will enter the renovated southwest
bridge to learn about the influence, history and well-being
of the Chicago River. They will learn about the river's role
as a catalyst for economic development and historical significance
during the city's birth and growth, as well as its environmental
strength and recreational uses.
After the museum's opening in the summer of 2004, Friends
anticipates the River Museum to be open six days a week from
April through October.
The local office of Hong Kong-based McBride Kelly Baurer is
the architect, and Chicago-based Cotter Consulting is the
project manager.
Four Condos to Rise on West Side
Four condominiums projects were announced for Chicago's West
Side.
They comprise One, Two and 14 South Levitt, each new construction.
In addition, the Groomes Building, formerly known as the Velmar
Hotel on Washington Street, will be renovated.
Chicago-based Pattison Associates LLC is developing the projects
and serving as the general contractor.
The projects represent about $18.1 million in acquisition,
design and construction costs.
The area, sometimes known as West Town, originally began as
a manufacturing center in the early 1800s and held lumber
years, foundries and flour mills. In 1851, the city of Chicago
annexed it.
Peoria Site Targeted as French Quarter of Midwest
Peoria Construction Co. has unveiled plans to develop a two-story,
mixed-use complex in Peoria Heights called Heritage Square.
Desiring to bring something different to the area, Michael
Lewis, owner of the firm, drew inspiration from the French
Quarter in New Orleans.
The 75,000-sq.-ft. will feature the quarter's Spanish-style
wrought ironwork, an open courtyard plaza, and sheltered walkways
to accommodate pedestrians in all kinds of weather.
Tenants from a local, regional and national level are being
sought. Anchored by a financial institution and an insurance
company, Heritage Square will offer tenants 1,500-sq.-ft.
retail/office spaces. Parking is expected to accommodate more
than 200 vehicles both on-site and off-street.
Allied Has Cicero Facility
East Rutherford, N.J.-based Allied Building Products Corp.
has announced a new facility in Cicero.
The location will enable the firm to service its customer
base with residential and commercial roofing materials and
systems, siding, windows, lumber, shakes, waterproofing and
more, the firm said.
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