Showing posts with label gentrification. Show all posts
Showing posts with label gentrification. Show all posts

Friday, January 8, 2016

Major Remodeling Underway at Two Area Apt Buildings

1207 W. 25th St
Workers are currently gutting a 12-unit apartment building at 1207 West 25th Street, in preparation for a nearly $500,000 remodel. The building was purchased for just over $1 million by a Chicago company, Maven Real Estate Partners. The same company has permits to begin a similar remodel of the 22-unit building located at 1200 West Franklin, which they purchased for $1.7 million. Both buildings were purchased on July 21st, 2015. 

I don't know what the "Loon Express" sign is all about. I'm hoping for seven lanes of drive-thru falafels in the style of Wells Fargo. But more significantly, I think this proves a theory I've long had: if a fancy man wants to be your neighbor, he doesn't always have to build new.

Update 1/16/2016: Same thing is happening to the Alden Apartments downtown.

Wednesday, December 3, 2014

The Great "Party Room" Rebellion of 2014

This movie is not about LHENA's
disastrous relationship with Basim Sabri.
As the year comes to a close, let's give a second viewing to a story that fell through the cracks.

The Channel 79 production of the September 30, 2014 Z&P Committee hearing only has 90-some views (it was a limited release). Still, it made an impression. Imagine it as a movie where a swarthily corrupt developer (a composite character loosely based on Michael Lander and Basim Sabri; played by Alfred Molina) proposes to construct rental housing at 2320 Colfax with few amenities. After a bunch of underwhelming speeches, it climaxes with William Wells (played by Sally Field) concealing MRRDC inside his burqa, and fleeing to the southern Wedge, where they find luxurious refuge and ample parking (in the party room at Flux). Here's the script.