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.

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.