It looks like the historic yet long neglected Old Main Post Office in Chicago will get a face-lift pretty soon.
British investor Bill Davies of International Property Developers North America (IPD) has partnered up with Chicago-based Sterling Bay Cos. on a $500 million first-phase project, the Chicago Sun-Times reports.
The plan is to convert the historic building into a 2.7 million-sf, high-end mixed-use center.
IPD not only plans to restore the neoclassical post office exteriors and interiors to their original splendor, but also hopes to extend new retail and entertainment floors next to the historic structure on the Chicago River’s edge.
The Old Post Office’s restoration won’t just be for future tenants; the area below is being planned as a transportation hub for the city, and the main lobby as a public entryway for pedestrians.
Related Stories
| Oct 25, 2011
HKS Science & Technology practice formed
Specializing in the planning and design of highly technical building types, HKS’s Science & Technology practice offers the broadest range of services available to the academic and biomedical research, biotechnology, pharmaceutical and medical device community, including laboratory programming, planning and design, strategic science planning and laboratory equipment planning.
| Oct 25, 2011
Universal teams up with Earthbound Corp. to provide streamlined commercial framing solutions
The primary market for the Intact Structural Frame is light commercial buildings that are typically designed with concrete masonry walls, steel joists and steel decks.
| Oct 25, 2011
Ritner Steel CEO elected to AISC Board
Freund will begin serving on the AISC board of directors, assisting with the organization's planning and leadership in the steel construction industry.
| Oct 25, 2011
Commitment to green building practices pays off
The study, conducted by the Pacific Northwest National Laboratory, built on a good indication of the potential for increased productivity and performance pilot research completed two years ago, with similarly impressive results.
| Oct 25, 2011
DOE issues report on financing solar photovoltaic systems for K-12 schools
The report examines the two primary types of ownership models used to obtain solar installations. This analysis can help school administrators across the country select the best option for deploying solar technologies in their school districts.
| Oct 25, 2011
MKK participates in BSA Engineering Merit Badge day
MKK principal Craig Watts attended the event as a representative of the MEP (mechanical/electrical/plumbing) engineering industry to give scouts an idea of what’s involved in becoming a mechanical engineer, and an overview of a typical day in the life of an engineer.
| Oct 24, 2011
FMI releases Adjust, Adapt, Act Study
The paper explores several case studies, including Sun Country Builders, Huen, BakerTriangle, Consigli, Skender Construction and Flatiron, and distills the key factors that make these companies unique and successful.
| Oct 24, 2011
BBS Architects & Engineers receives 2011 Sustainable Design Award from AIA Long Island Chapter
AIA LI also recognized BBS with the 2011 ARCHI Award Commendation for the St. Charles Resurrection Cemetery St. Charles Resurrection Cemetery Welcoming and Information Center in Farmingdale, NY.
| Oct 24, 2011
Kolbe adds 3-D models of direct set windows to BIM library?
Beveled Direct Set SketchUp and Revit Models available.
