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Big house on the Prairie Legacy brings new luxury tower to South Loop |
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Sure, the tony neighborhood north of downtown has its share of luxury towers, but how many of their residents come home to a wine tasting after a tough day at the office? That, apparently, will be the way to unwind at the Tower Residences of Prairie District Homes, a new highrise by Legacy Development Group, at 1731 S. Prairie, in the South Loop. The building will include a special temperature-controlled room for wine storage and a wine club with someone on hand to serve select vintages from 5 p.m. to 7 p.m. each weeknight. There are phenomenal views of the lake and city, theres a large fitness area and a club room with a wide screen TV, but the wine tasting will be a nice added benefit, says Warren Barr, a principal in Legacy Development, www.legacydevelopment.com. The
luxury approach to the Tower Residences of Prairie District Homes is logical
given the areas history. The Prairie Avenue district was once the
place to be in Chicago, the equivalent of todays Gold Coast, on
the Near South Side. After its heyday at the turn of the century, however,
many of the neighborhoods historic homes were lost. Others fell
into disrepair or were divided into cheap apartments. As
one of the builders behind the massive Central Station development, Legacy
is doing its best to return Prairie Avenue to its former splendor. The
company, which has a number of other projects underway or recently completed
in the South Loop, is building new lofts and townhouses as well as highrise
condos in the historic area. Weve
found that everyone loves it who comes by, says William Warman,
Barrs partner in Legacy. They love the old houses, the sidewalks,
the large trees; they equate it to Lincoln Park. With the old history
and the new buildings, its a nice mix. Prairie
District Homes includes 48 townhouses, designed by Warman, whose architecture
firm, Warman Olsen Warman, does Legacys design work. He says that
he tried to give the units some historic character to live up to the neighborhoods
past. Were
across the street from the Kimball Mansion, kitty corner from Glessner
House, the Wheeler mansion is on the next block... Warman says.
We tried to keep it a little in the Victorian style, in keeping
with that historic architecture. We have masonry with stone bases, raised
entries with stairs going up to the porches, interesting bays. We tried
to keep that classic look of Prairie Avenue. At
press time, only three of the townhouses remained for sale. They have
masonry exteriors with limestone and prairie stone accents, private yards,
wrought iron fences, roof decks and garages, with prices in the mid-$600s. The
townhouses will form part of a courtyard, which will open onto a park
leading to the new 23-story highrise. The tower will have 177 condos priced
from the $190s. They have one to three bedrooms and one to 2.5 baths,
ranging from about 760 to 1,575 square feet. Some custom combination units
will be as large as 2,300 square feet, Warman says. The
highrise also has a traditional design that will complement the townhouses
as well as the surrounding architecture. Were
using all the same materials, the same brick and trim as on the townhomes,
Warman says. Its a nice area, and the highrise will be nicely
set back behind the townhomes with a park in front. This
will be Legacys third highrise in the South Loop. Like the neighborhood,
the list of amenities at its towers has evolved quickly. The highrise
will have 24-hoor door staff, a valet, a dry cleaner, a business center,
a conference room and a club / media room with a large-screen television.
And the buildings 2,000-square-foot fitness center will be larger
and better equipped than the cramped facilities at many new highrises,
according to Warman. Our
first highrise was more value-oriented, and we decided to do more in terms
of amenities with this one, Warman says. Legacy
has built up quite a portfolio in the South Loop in recent years. The
developer still has a few court homes left at One E. 15th
Place, another of its South Loop highrises. These elevated townhomes,
which have entrances above the garage level, offer immediate occupancy
and are priced in the $500s. Legacys
Prairie Avenue Lofts project, at 221 E. Cullerton, has around 15 units
left, Barr says. The first buyers already have closed on their lofts and
the remaining units offer immediate occupancy. The
138-unit concrete loft building includes both converted loft spaces and
new units, which were built in three floors added to the top of the existing
building. Units have one to three bedrooms and about 950 to 1,400 square
feet. Prices range from the $180s to the $240s. Prairie
Avenue Lofts is located less than two blocks from Prairie District Homes,
which is part of Central Station. Along with Dearborn Park, Printers Row
and a variety of in-fill projects, the 80-acre master planned development
has helped to build a whole new neighborhood in the South Loop. Central
Station recently passed the $500 million mark in sales. Were surrounded by townhomes that go up to $1 million, right by historic Prairie Avenue, Barr says. Theres been a huge amount of development in that area, probably 300 units sold there recently. Its very much a rebirth of the neighborhood. |