Demolition Update: Fifteen Fifty on the Park

Fifteen Fifty on the Park

For someone whose facade is being saved from destruction, you could look happier.

There isn’t much left to see at the corner of Clark Street and North Avenue in Old Town, save for a few blue shipping containers and the facade of the old Village Theater. Those two features, of course, are there for a reason, as one supports the other while the block comes down around them.

Fifteen Fifty on the Park, a 10-story condominium tower being developed by Golub, CIM Group, and Avoda Group, will soon begin construction. Designed by Solomon Cordwell Buenz, Fifteen Fifty will boast 32 new condos, with parking for 66 cars, and 2,600 square feet of ground-level retail space.

Power Construction will be the general contractor. They got a foundation permit on May 3, so they can start work as soon as demo work is cleaned up.

 

Fifteen Fifty on the Park begins demolition, but saves the Village Theater facade

Demolition for Fifteen Fifty on the Park

3 stacked shipping containers are being used to stabilize the Village Theater facade, which is being saved.

Demolition has begun at three addresses in Old Town, as space is cleared for the new Fifteen Fifty on the Park. The threes are wild, as another trio, this one of developers, are building the new project. Golub, CIM Group, and Avoda Group are collaborating on the 10-story building, designed by Solomon Cordwell Buenz.

One of the buildings to be demolished, at 1548 North Clark Street, is the old Village Theater. Its facade is being saved, and Power Construction is utilizing one more 3-fer, this time with three shipping containers stacked atop each other, as a means of stabilizing that facade while everything else crumbles around it. We’ve seen Power use this technique before, at the Ace Hotel site in the West Loop.

According to Golub’s website, Fifteen Fifty on the Park will include 32 luxury condos, 2,600 square feet of retail space, and parking for 66 vehicles.

Taylor Excavating is doing the demolition work.