The Landmark Bush Temple of Music in Chicago's Gold Coast will soon be transformed into micro apartments by Cedar Street Companies' FLATS brand.
Both Curbed Chicago and Crain's are reporting that the rents will be approachable and apartments will be sized in the 350 to 450 square foot range.
Because the building is a Chicago landmark, the city's Landmarks Commission will have to review and approve the proposal.
You can read the Crain's article here and the Curbed article here.
Photo via Ian Freimuth at Flickr.
2014 has been the best year since 2008 for the construction industry, Crain's is reporting. Contracts for commercial and residential construction totaled $8.6 billion for the first 10 months of the year, which is a huge 16.3 percent increase from 2013.
One construction company told Crain's that more clients are pulling the trigger and moving from pre-construction phases to construction - Chicago-based Pepper Construction group is anticipating 6 percent in contract growth for 2015.
For the full story, head over to Crain's here.
A developer is planning 33 new apartments with retail on a parcel adjacent to the Southport station of the Brown Line.
The development is proposed for 3401-3409 N. Southport and would demolish an existing liquor store and sushi restaurant in favor of the new four-story mixed-use building.
More information, including renderings, are available at Curbed.
A plan for the redevelopment of the Finkl Steel Site, located on 40 acres in the Lincoln Park neighborhood on the North Side is expected out September of next year but the community already has a few ideas for the site.
According to a recent report from the Tribune, the first community meeting for the site, future development could include light manufacturing, research and development centers, tech companies or even a brewery.
Read the full story from the Chicago Tribune here.
