A plan to renovate the Loop’s historic eleven-story, neo-gothic Plymouth Building is apparently ditching the office space previously planned on floors two through five in favor of 30 rental apartment units. As specified in a revised building permit, the programmic shift will bump the project’s total number of residential units to 60. Work on the 1899 building at 417 S. Dearborn started in August of last year and will also include the addition of a 12th floor rooftop amenity deck.
The rehabilitation is a joint venture between LG Development and Chicago Apartment Finders cofounder Justin Elliott with NORR Architects heading the design effort. Expected to be marketed to both students and downtown professionals looking for smaller, more efficient units, the $11 million project hopes to be completed in time for the start of the 2017 academic year this fall.
- Renovation/alteration permit at 417 S Dearborn Street [Chicago Cityscape]
- Renovation of the Loop’s historic Plymouth Building begins [Curbed Chicago]
- Student housing planned for vintage Loop office building [Crain’s]