Lofts at Bridgeport Place: If You Landmark It Will They Lend?
Originally in 'Curbed Chicago'
It's been a long journey, but Bridgeport Place Lofts hasn't gone anywhere — yet. Dubin Residential first floated the loft conversion of the old Spiegel building on 35th Street in the go-go market of 2006. Then, perhaps capitalizing on the building's location across the street from the popular Zhou B Art Center, they re-branded it as "live-work spaces for artists." Still unable to finance the development, Dubin is at it again, this time seeking to get Landmark status for the building, which the developer hopes will breathe new life into the stalled project. Crain's reports that the Commission on Chicago Landmarks considered granting Landmark designation to the boarded-up building. (No word on the outcome yet.) Dubin's website advertises "true urban rentals," although Crain's reports that the developer hasn't ruled out condos.
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