ONTERIE CENTER
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| Location: | Cook County, Illinois | Phase: | Planning Phase |
| Building Type: | Apartment | Stage: | Working Drawings |
| Work Type: | New | ||
| Last Updated: | 2009-10-31 | ||
Project Description
Onterie Center Has Two Components: 60-Story Building With 100,000 SF Of Occupied Commercial Space & 583 Apartments & 11-Story Building With 90,000 SF Of Retail & Commercial Space, 11-Story Building With Own Mechanical Components & Plumbing Is Linked To The 60-Story Tower Via Lobby, Though Ground-Floor Retail Space In 11-Story Component Remains Occupied The Office Space On The 2nd Thru 11th Floors Has Never Been Leased, Plans Are To Upgrade All Of The Hallways In The East Building & Main Tower, Affordable Units Will Not Affect Converseion Of Auxiliary Building Office Space Into Market-Rate Apartments, 11-Story Building Will Have 34 Of 54 Units As Loft-Style 1 & 2 Bedroom With 1,000 To 2,500 SF Of Space, Approval To Build 54 Apartments Allows Conversion Of Commercial Space on 6th Thru 10th Flor Of 60-Story Tower Into 20 Apartments When That Space Becomes Vacant
Project Value
| Estimated Value: | $12,000,000 |
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