2:00PM Water Cooler 8/11/2021 | naked capitalism nakedcapitalism.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nakedcapitalism.com Daily Mail and Mail on Sunday newspapers.
Bertrand Goldberg’s famous River City complex in Chicago looks like nothing so much as an old bus operator’s coin dispenser, glass windows stacked inside its joined concrete cylinders. The South Loop megaproject was the architect’s try at a utopian urban neighborhood, complete with offices, shopping, restaurants, a park, and the “River Road,” a winding inner atrium lit from skylights. It’s a landmark of Brutalist design, a monument to ’80s thinking about cities, and a fixture of the Chicago Architecture Boat Tour.
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The building also tells a story Goldberg could not have anticipated: the rise and fall of the Chicago condo. When completed in 1987, River City’s 448 units were rentals designed to appeal to middle-income yuppies who found city living attractive but homeownership out of reach.
Scout Capital Partners buys cold storage facility on Chicago s Southwest Side chicagobusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagobusiness.com Daily Mail and Mail on Sunday newspapers.
UpdatedMon, May 3, 2021 at 6:46 pm CT
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Inside Chicago s Thompson Center in the Loop. (Getty Images)
CHICAGO Gov. J.B. Pritzker announced Monday he is accepting bids for the James R. Thompson Center in downtown Chicago. The request for proposals for the 17-story, glass building thrilled some while worrying others.
The Loop building on the 100 block of West Randolph Street is in need of millions of dollars of repairs, and has been designated as one of the most endangered historic buildings by Landmarks Illinois for the past three years. Government officials and the Illinois Department of Central Management Services have been working towards selling the property for years but disputes about how much if any of the original architecture to keep and its sales price have kept the mixed-use building in limbo.
It s official: the Thompson Center is up for sale chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.