Chicago's Best New Homes
From houses to highrises,
New Homes ranks the best of the best
Its time once again for our choices for Chicagos best new
homes. Each year, our editorial staff visits dozens of new developments, pours over piles
of brochures and floor plans and conducts interviews with countless developers and
architects to find Chicagos best projects.
This year the competition was especially stiff. The category of new highrises, for
example, would have been all but empty a few years ago. Today, more than a dozen new
highrises are under construction or are pre-selling condos. The number of loft projects
has declined since last year, but not the number of units. Large-scale developments such
as the Clinton Complex and Dearborn Tower continue to raise the bar for size and amenities
in loft buildings.
One category that is in short supply is single-family houses. In the city, this
phenomenon is largely a factor of costs in a booming real estate market. Between the
prices of land, labor and materials, it has become difficult to find a new detached house
for less than $300,000 $400,000 to $1 million is the norm. Building a small to
mid-sized condo building or townhouses is a much safer proposition for most developers
than tackling a couple of high-end single-families on prime city lots.
Townhouses too have become a casualty of rising prices. The $200,000 townhouse is
nearly non-existent, while plenty are priced above $300,000. New townhouses are more
common than single-families, but they generally suffer from poor design and the
developers imperative to get as many units as possible onto the available land. The
problem had become so rampant in certain neighborhoods that new city ordinances now
mandate a minimum amount of green space and limit density in townhouse developments.
In each of these categories, as well as in conversion of existing buildings to
condominium ownership, New Homes acted as a potential home buyer, reviewing the
available product. After looking at floor plans, pricing, amenities, architecture,
location and other elements of new developments, our editorial staff selected the projects
we thought represented the best available housing. The selections are admittedly
subjective, but we think these projects would be at least good starting points for anyone
in the market for a new home.
| Chicagos
Best New Highrise Condo |
Project:
River Bend
Address: 323 N. Canal
Developer: Bejco Development
Architect: DeStefano & Partners
Prices: $290s - $2 million
Occupancy: 2001The category of new highrise condominiums
now includes some stiff competition, the result of a resurgence in highrise construction
after a decade-long lull. Other new highrises, such as Riverview and the Bristol, are
superior to River Bend in certain respects, but for its combination of location, price,
views and design, we think River Bend offers the best overall package in a new highrise
condo.
The $100 million development will include 161 luxury condos in a narrow, 38-story
highrise designed with only six or seven units per floor. The building will have the
intimate feel of a boutique both because of the small floor plate and the single-loaded
corridor design, which allows for unit entries on one side and floor-to-ceiling glass on
the other. The building and units respond well to River Bends strategic riverfront
location, across the water from the Merchandise Mart and the spectacular 333 Wacker, in a
formerly industrial corner of the West Loop. The east façade of the building curves
softly, echoing the bend of the river and offering what promises to be a breathtaking
view.
In the units, magnificent light and views are complemented by ceiling heights of 10
feet minimum; they can be as high as 11.5 feet if buyers choose the "loft-style"
option, leaving ceilings exposed. The condos have two or three bedrooms and two or three
baths and the standard highrise amenities - door staff, valet parking, a European spa and
health club. River Bend offers an intriguing location and a bold design that takes that
into account, distinguishing itself from the run of solid highrises underway. |
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| Chicagos Best New Loft |
Project: Bank
Note Place
Address: 1910 S. Indiana
Developer: Chrysalis
Architect: Schroeder Murchie Laya / Lucien Lagrange & Associates
Prices: $100s - $260s
Occupancy: November 1999The model units at Bank Note Place
reflect imagination and whimsy, the kind of serendipitous approach to conversion that once
made lofts thrilling and now has become all too rare. Someone had fun designing these. The
fact that this is the first loft development by Jay and Ann Gallagher of Chrysalis
Development may explain why theyve gone out of their way to take a creative, playful
approach.
"We believe loft has become a homogeneous marketing term, so
were trying to offer the buyer a different choice out there," Ann Gallagher
says.
Models in the steel and concrete building, include unusual touches, such as polished
concrete countertops, bamboo floors, sliding perforated metal track doors and arched
clay-tile ceilings. The original tile ceilings are especially striking, creating domes
reminiscent of a Greek temple or Roman ruins.
The building, which actually is a combination of four different structures, also has a
unique layout. Plans call for a partial demolition that will result in a common landscaped
courtyard of 90 by 160 feet - an exceptional amount of green space in a 105-unit loft
development.
Most units will overlook the potted trees and planters of the courtyard. The narrow
shape of the buildings provides more light and air than most current lofts - even the
second bedrooms have real windows at Bank Note Place. The "upgraded model" at
Bank Note includes the standard finishes, which means buyers dont have to spend an
additional $10,000 for stainless steel appliances or two-person showers plus soaking tubs. |
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| Chicagos Best New Condo Conversion |
Project:
Gold Coast Galleria
Address: 111 W. Maple
Developer: American Invsco
Architect: Loewenberg & Associates
Prices: $120s - $320s
Occupancy: ImmediateThe advantages to a condo conversion are
obvious: delivery is nearly immediate, prices are lower than in a new building and you
actually can see and touch what youre buying. The disadvantage is that youre
buying a used and sometimes dated product (conversion rehabs tend toward the cosmetic even
when theyre supposedly "thorough").
The Gold Coast Galleria is one of American Invscos better recent conversions
partly because the building is fairly new (completed in May of 91). The rehab is
minimal - new paint, carpeting, ceramic tile and on some units, new cabinet doors - but
since the building is only eight years old, a little spruce-up goes a long way. For
$250,000, you can get an 1,100-square-foot two-bedroom two-bath condo in the Gold Coast,
attached to Dave & Busters entertainment emporium and the Gold Coast Multiplex,
a large upscale health club. (One caveat: conversions of older buildings usually include
brand new appliances, while the Gallerias have been through eight years of tenants
before you get them).
The Gold Coast Galleria offers tremendous views, and the buildings stepped
façade and cut-out terraces take full advantage of them. The balconies are large and more
sheltered than most, and the floor plans, while not especially big, are interesting and
well conceived. Angled walls and floor-to-ceiling windows make for some dramatic living
areas. The project offers everything you expect from Gold Coast living, and you dont
have to be a millionaire to move in. |
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| Chicagos Best New Single-Family House |
Project:
Renaissance Place
Address: 5200 S. Ellis
Developer: Concord / Kenard
Architect: FitzGerald Associates
Prices: $410s
Occupancy: 2000Renaissance Place is primarily a loft
development, but the 16 single-family homes that are part of the project are worth moving
to Hyde Park for. The designs are traditional, with front porches, face brick, private
yards and detached two-car garages. The remaining Garfield plan has nearly 3,000 square
feet of space and a minimum of three bedrooms, although the English basement could be
finished for a total of up to five bedrooms. For $415,000, thats a real value when
compared with comparable developments on the North Side.
Scrutinize enough floor plans and certain ones will jump out at you. Thats the
case with Renaissance Place, where the design can best be described as smart and elegant.
At the rear end of the Garfield plan, a spacious kitchen opens into the family room, with
only an island in between. A fireplace forms the cozy centerpiece of the family room,
which opens onto a spacious rear deck. The more formal dining room has a tray ceiling, a
full wall on one side and a low wall separating it from the living room. The architect has
taken the radical step of considering how people actually live and designed with that in
mind.
Other smart features - from the front bays to the 10-foot ceilings in living areas to
the optional vaulted ceiling in the second bedroom - are too numerous to list here. An
element that is worth mentioning because its not typical in single-family homes is a
one-story addition on one of the loft buildings that is being renovated to include a
health club owners of the single-family homes will have access to. |
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| Chicagos Best New Townhouse |
Project:
Millennium
Address: 1901 S. Clark
Developer: FWK
Architect: K2 Architects
Prices: $200s - $300s
Occupancy: winter 2000The location of Millennium, a
32-unit townhouse project, was a challenge when architect Matt Kupritz began working with
the site around three years ago. The spot, across the street from the new offices of K2
Architects, the firm where Kupritz and his father, Phillip, are principals, was not
exactly a settled residential location. It sits directly north of Bertrand Goldbergs
curvilinear, futuristic-looking CHA Hilliard Homes, just east of the elevated train tracks
and near a number of industrial buildings. But the problems of location became the pearls
of the project in Kupritzs imaginative hands.
Kupritz used the context skillfully, echoing the descent of the nearby tracks, for
instance, in fireplace boxes that end slightly lower on each unit from north to south. The
homes have striking, modern features - most notably the externalized angle of fireplace
flues and the stairways that are steel rail on one side and colorful stucco on the other -
but they are also warm, with each unit clearly defined and facing the neighborhood.
The light-filled interior spaces flow beautifully and the immediate area already is
much more residential thanks to South Loop expansion than when Kupritz first scouted the
site. A 1,900-square-foot two-bedroom at Millennium runs a little more than $200,000, and
2,350-square-foot units with anywhere from two to five bedrooms are priced under $310,000. |
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| Chicagos Best New Low-Rise Condo |
Project:
Wolfram Towers
Address: 2329 W. Wolfram
Developer: Robert Levin
Architect: Pappageorge Haymes
Prices: $130s - $380s
Occupancy: March 2000Wolfram Towers is the kind of place
you can imagine yourself living in. Not just eating and sleeping, but really living.
Imagine coming home from work and unwinding in a rooftop hot tub, sipping a drink and
taking in the skyline view from your quiet West Lakeview perch. Sufficiently relaxed, you
can pad down to your private balcony and throw a steak on the gas grill that was included
with your unit. Inside, entertain friends in a condo that includes angled hardwood floors,
granite kitchen counters and microwaves.
The all-inclusive package makes sense given developer Robert Levins background
building multi-million-dollar mansions in Lincoln Park. And the design appeal of the
complex - really four buildings in one - makes sense given the aesthetics of architects
Pappageorge Haymes. The buildings are really separate structures, connected only by a
narrow strip of wall that allows the first-floor parking garage to be contiguous. The
façade also folds back into regular courtyards, providing more light and green space than
in many condo buildings, and several shades of brick add to the architectural variety.
The 76-unit condo development is five stories and includes units with one to three
bedrooms and one to two full baths. In phase II they are priced from $139,900 for a
one-bedroom to $384,900 for a custom three-bedroom unit of 2,050 square feet. The project
is a stones throw from the river, a large Target, Antique Row on Belmont and a
planned 14-screen movie theater at Logan and Western, but the location is quiet. |
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