New Renderings & Construction Update

New Renderings Unveiled:

This spring the development team for Fifteen Fifty on the Park released new renderings of the building’s amenities as well as its restored landmark façade, which will serve as the residential entrance. The façade, which features intricate terra cotta detailing, fronted the historic Village Theater and dates to 1916. Renderings of the luxury amenities were also released. Giant picture windows on either side of the front door frame two of the amenity areas: the Lounge and Club Room. Residents will be able to enjoy both of these relaxing areas. Additionally rendering for the state-of-the-art fitness center were released.

Construction Update:

As Fifteen Fifty begins to take shape, the transformation of a highly visible but long underutilized corner is coming into focus. Now rising 10 stories above the intersection of Clark and North, Fifteen Fifty will provide not only luxury residences, but also as a gateway to three of Chicago’s most celebrated neighborhoods: The Gold Coast, Lincoln Park and Old Town. “This is an important corner. We felt a strong obligation to make it beautiful, welcoming and bright,” said Lee Golub, executive vice president of Golub & Company. In addition to the Village Theater façade restoration, other site improvements include new planter beds and trees that will visually expand Lincoln Park to Fifteen Fifty’s front door. The building is on schedule to deliver this fall.

Like Fifteen Fifty’s Facebook page to follow the construction progress online.

In The News: “10 new developments creating buzz around Chicagoland”

From Chicago Agent Magazine, March 18

Fifteen Fifty on the Park – Gold Coast

In the footprint of the demolished Village Theater, the Gold Coast’s newest condo development will rise. When finished, the project will feature 32 two-, three- and four-bedroom floor plans ranging between $1.6 million and $5.8 million. Unit sizes will range from 2,300 to 4,500 square feet, and many of the units will include private terraces and unobstructed views of Lake Michigan and Lincoln Park. The project is currently being designed by Solomon Cordwell Buenz and developed by Golub & Company, CIM Group and Avoda Group.”

Read the complete article on Chicago Agent Magazine.

Like Fifteen Fifty’s Facebook page to follow the construction progress online.

In The News: “Make Room: Hot New Residential Real Estate”

From Splash, March 1

“FOR THE AVID ENTERTAINER – FIFTEEN FIFTY ON THE PARK

Go ahead — take the party outside. The terraces at this 32-unit luxury condo development, set to open this fall, give you so much room to roam. Interiors designed by Gary Lee Partners were inspired by single-family homes and clock in at 2,300 to 4,500 square feet. Units start at $1,625,000. 1550 N. Clark; 1550onthepark.com”

Read the complete article on SPLASH.

Like Fifteen Fifty’s Facebook page to follow the construction progress online.

Featured Plan: PH 1001 – Do you adore a penthouse view?

Fifteen Fifty’s 3 top-floor penthouses are the epitome of luxury, offering over 4,000 square feet of indoor living. Penthouse residences include expansive terraces and rooftop decks that can add up to 1,270 square feet of outdoor space.

One of those plans, PH 1001 has sweeping views to the north and east over the lush greenery of Lincoln Park and Lake Michigan beyond.  This home features 4-bedrooms and 3.5 baths, 11′ ceilings and offers 4,308 square feet of indoor living space.

Highlights include:

  • Two expansive private balconies and rooftop terraces with phenomenal views.
  • Chef-inspired kitchen opens to large dining and living/family room, perfect for entertaining.
  • Large master suite with two walk-in-closets and luxury master bathroom.
  • Three additional bedrooms, each with en-suite bathrooms and plenty of closet space.
  • A laundry room with utility entrance, ideal for Chicago’s four seasons weather.

Penthouse 1001 is priced from $5.8 million. For more information visit https://1550onthepark.com/floorplans/penthouse-1001/

Like Fifteen Fifty’s Facebook page to follow construction updates.

In The News: “Demolished Village Theater gets second life in new Gold Coast condo development”

From Curbed, February 28

“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.”

Read the complete article on Curbed Chicago.

Like Fifteen Fifty’s Facebook page to follow the construction progress online.

Construction Update: Fifteen Fifty Going Vertical

While much of the action took place behind the scenes, this summer saw significant progress on the construction of Fifteen Fifty On The Park. Work included the demolition of three existing buildings on the site; the pouring of 49 concrete caissons reaching a depth of 80’; installation of a 160’ tall tower crane; and the excavation of Fifteen Fifty’s foundation, paving the way for the building to go vertical this fall.

One of the most important aspects of the construction is the preservation and restoration of the Village Theater’s landmark façade, which will be seamlessly integrated into the new building, framing the residential lobby and two amenity spaces. The two-story brick and terra cotta structure dates to 1916.

Preservation work began with the installation of three giant shipping containers in front of the façade, along Clark Street. Next, steel beams were welded to the containers and then anchored to the façade. The technique, which general contractor Power Construction has used successfully on other projects, will stabilize the façade throughout construction. Finally, the century-old terra cotta tile was carefully removed and restored by hand. It will be re-installed later this fall.

Like Fifteen Fifty’s Facebook page to follow the construction progress online.

Design Q & A With Gary Lee Partners

Chicago-based Gary Lee Partners, now in its 25th year, is one of the city’s most sought-after interior design firms for high-end residential and commercial projects. GLP has been involved in Fifteen Fifty from the earliest stages, collaborating with the developers, architects and sales team to design residences and amenities that are sophisticated and timeless.

What’s the inspiration behind the design?

GLP: The interior design concept for Fifteen Fifty on the Park reflects the three neighborhoods that come together at this location. Our designer palettes suggest the glamour of the Gold Coast, the vivacity of Old Town, and the traditional comforts of Lincoln Park. Floor plans are gracious and large, and successfully pair modern materials with traditional detailing.

How did current lifestyle trends factor into the designs?

GLP: The kitchen has become the center of the home, and naturally, we paid careful attention to kitchen layouts, materials, and finishes. We enlisted custom kitchen designer and cabinetmaker, O’Brien Harris, to lend their European detailing and craftsmanship, and as a result there is an unmistakable refinement to the kitchens that we know is going to impress homebuyers at Fifteen Fifty.

The residential market is also increasingly trending toward larger, more open spaces. And while the residences at Fifteen Fifty include high ceilings, ample natural light, and large windows, the openness is also balanced with a sense of calm and serenity thanks to the inclusion of more secluded, private spaces.

What are your favorite features of the building and/or floor plans?

GLP: As a firm, we’re proud of the subtle detailing that represents the thought put into the whole concept. A lot of that has to do with how a homeowner feels in the space versus a feature they can see or touch. For example, the entry is an essential space, being the first and last part of the home a resident or guest experiences. The traditional, gallery-like portals to each residence are airy and elegant, proving that condominium living can feel very stately.

Featured plan: The 04 tier – from classic to contemporary

In many ways, Fifteen Fifty on the Park is a contemporary interpretation of classic Chicago architecture. This is perhaps best exemplified by the building’s curving bay of corner windows, paying homage to Benjamin Marshall’s iconic Fifteen Fifty N. State Parkway, just two blocks east. But Fifteen Fifty’s stately floor plans also evoke the grandeur of prominent pre-war buildings along the park and lakefront…with a contemporary twist.

One of those plans is the 04 Tier, running the full length of Fifteen Fifty’s southern elevation, from Clark Street to Sandburg Terrace. This home offers a 3 bedroom floor plan plus a den, 3 full baths and a powder room, in 3,310 square feet of living space.

Highlights include:

  • A gallery entry opening onto a large formal dining space
  • An adjoining open living room measuring over 400 square feet with access to an east-facing terrace
  • The master suite in the east wing of the apartment, located on the opposite side of the home from the secondary bedrooms for greater privacy
  • A large kitchen set within an alcove to partially screen it from the home’s more formal living areas, while still promoting a contemporary, open layout
  • An expansive, informal family room/den…the ideal spot for movie nights, a home office or a kids’ homework/hangout area
  • Two secondary bedrooms, each with its own en-suite bath and walk-in closet
  • A laundry room with utility entrance, perfect for dumping dirty sports equipment or cleaning muddy dog paws

The 04 is priced from $2,840,000. For more information visit https://1550onthepark.com/floorplans/residence-504/.