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Demolished Village Theater gets second life in new Gold Coast condo development

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The historic landmark is being partially rebuilt at the southwest corner of Clark Street and North Avenue

Images courtesy of 550 North Clark (Chicago) Owner LLC

The two-story terracotta and brick facade of Chicago’s Village Theater is making its return to the corner of Clark Street and North Avenue at the intersection of the Old Town, Gold Coast, and Lincoln Park neighborhoods.

Constructed in 1916 by architect Adolph Woerner as the Germania Theater, the century-old structure was completely demolished last year. Its ornate Clark Street frontage, however, is being carefully reassembled to serve as the base of a new condo development known as Fifteen Fifty on the Park.

“The facade of the Village Theatre is an important landmark for this neighborhood, and we are honored to be the stewards of its revival,” said developer Lee Golub in a statement. Golub & Company partnered with CIM Group and Avoda Group on the project, designed by Chicago architecture firm Solomon Cordwell Buenz.

Fifteen Fifty on the Park calls for 32 two-, three- and four-bedroom layouts ranging from 2,300 to 4,500 square feet in size, priced between $1.625 and $5.85 million. Featuring interiors by Gary Lee Partners, many of the units will include private terraces as well as protected northeastern views of Lincoln Park and Lake Michigan.

Described by its developers as the only new condo project currently under construction in the Gold Coast area, Fifteen Fifty is on track to welcome its first residents in the later part of 2019. In the meantime, check out new renderings of the building’s reassembled historic facade, in-unit finishes, and amenities.