clock menu more-arrow no yes

Filed under:

Renovation of the Loop’s historic Plymouth Building scores permits

New, 9 comments

Vacant for years, the 1899 building is getting a fresh lease on life

One of the Chicago Loop’s classic architectural gems is preparing to step back into the light with a renovated interior after years of vacancy. Located at 417 S. Dearborn, the eleven-story neo-gothic Plymouth Building was recently granted the permitting to see floors two through five converted into new office space and levels six through eleven turned into 30 units of student housing. Plans also call for a new 12th floor rooftop amenity deck that earned the nod from the Commission on Chicago Landmarks earlier this year.

A joint venture between LG Development and Chicago Apartment Finders cofounder Justin Elliott, the latest version of the project was publicly presented to neighbors back in February. Penned by NORR Architects, the renovations are expected to be complete in time for the start of the 2017 school year. The entire project will cost roughly $11 million with monthly rents in the revamped 1899 structure estimated to run between $900 for a bed in a shared room and up to $1,400 for a private room, reports Crain’s.