![]() |
|
July
25, 2005 Part of the reason
we stick to that definition is that given the costs of materials and labor
in 2005, builders today simply cant recreate the massively overbuilt
structures designed for industrial use at the turn of the century. Try telling that to
Victor Ayala. While most developers
touting their new units as lofts offer a little exposed brick here, or
a spiral duct there in whats really a conventional condo, Ayalas
Structures Construction comes as close as anyone weve seen to matching
true loft construction heavy timber beams and all. We are firm
believers that a loft wood finish is a far more superior product than
a standard drywall finish, so were building new buildings with a
wood environment, Ayala said. Structures current
developments include Grand Timber Lofts, 500 N. Damen Ave.; University
Crossing Lofts, 1610 S. Halsted St.; and Elston Lofts, 3641 N. Elston
Ave. In addition to heavy timber beams, these lofts have exposed
mechanical systems, 12-foot ceiling heights, hardwood floors, oversized
windows and partial-height walls that provide borrowed light.
You cant, we have to admit, get much more lofty.
These units certainly
look and feel like lofts, but because theyre brand new construction,
they dont have the disadvantages of some converted lofts
poor energy efficiency, problems with sound transmission and the incessant
dust that can linger after sandblasting. Ayalas current
developments also offer the kind of rugged, open layouts popular in traditional
lofts. Grand Timber Lofts
is a four-story $5 million project with 21 residential units and 1,760
square feet of commercial space. At press time, the condos were 40 percent
sold, with remaining one- and two-bedrooms priced from the $220s to the
$400s. Ranging from 875 to 1,200 square feet, the condos have new construction
staples, such as granite counters, side-by-side refrigerators, double-bowl
stainless steel sinks and washer and dryer hookups. They are pre-wired
for cable, high-speed Internet and security systems. Building amenities
include a common rooftop deck with views of downtown, elevator service
and heated indoor parking. The lofty look has
appealed to buyers 30 to 35 years old looking for a condo upgrade or moving
from the suburbs, according to Ayala. A lot of condo
buyers who originally lived in a standard new-construction condo find
the loft new construction is the desired product, he said. Since
its new, they find they dont worry. (They like) the quality
of our work. University Crossing
Lofts and Elston Lofts, designed by Landon Bone Baker Architects, share
similar construction and amenities. University Crossing comprises 2,500-square-foot
commercial component and 29 condos. Residences range from the $220s to
the $320s and at press time, 25 percent of them were sold. Elston Lofts
has 25 condos priced from the $290s to the $400s, and at press time, sales
were scheduled to begin by fall, according to Ayala. Grand Timber and University Crossing are both scheduled for a spring 2006 delivery, and first occupancy for Elston is planned for summer 2006. All three projects are marketed by Blue Slate Properties, www.BlueSlateProperties.com. |