Stalled Old Town condo project gets new developers and architect

A 10-story brick and stone condo building proposed for the southwest corner of North and Clark is getting will be reworked. Initially developed by Howard Weiner and designed by Richard C. Newman and Main Architecture, the Old Town project known simply as ‘101 North’ launched pre-sales for its 33 high-end condominium units in late 2015. But after going suspiciously quiet for many months, the address has sold to a new team of developers for an undisclosed amount.

According to Crain’s, Chicago’s Golub & Co. is partnering with LA-based CIM Group to draft a new plan that fits within the current zoning approvals granted to the defunct 101 North project. The pair previously teamed up on the Loop’s Marquee at Block 37 apartments, a 41-story South Loop rental high-rise at 1001 S. State, and are currently working on a redevelopment plan for Chicago’s iconic Tribune Tower.

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For the project at Clark and North, Golub president and CEO Michael Neman tells Chicago Architecture Blog that they have selected local architecture firm Solomon Cordwell Buenz (SCB) to create a “new design with updated floor plans, finishes and amenities.” The revised plan is expected to be revealed later this summer.

Much like the older plan, the new building will rise above the 101-year-old Germania Theater building and incorporate its landmarked facade into the overall design. A pair of single-story commercial buildings along North Avenue—including Elly’s Pancake House—are slated for demolition.

• Trib Tower developers take over Old Town condo site [Crain’s]
• With a New Owner, Proposed North & Clark High Rise Being Revised by SCB [CAB]
• Pre-sales Start for Pricey New Old Town Condos on North Avenue [Curbed Chicago]
• Old Town archives [Curbed Chicago]