http://www.chicagotribune.com/news/custo...dmarks,1,7941689.story?coll=chi-news-hed
Landmarks panel rejects Mag Mile project
By Johnathon E. Briggs
Tribune staff reporter
Published January 4, 2007, 5:28 PM CST
In a decision that shocked yet pleased preservationists, the
Commission on Chicago Landmarks today rejected a plan to dismantle a historic building on the Magnificent Mile and convert it to luxury condominiums.
"What a fabulous outcome," said Ward Miller, vice president of Logan Square Preservation and one of
about 10 people who spoke against the proposal at the commission's meeting.
"I'm shocked," said Jonathan Fine, president of the advocacy group Preservation Chicago.
With four commissioners in favor, three opposed and one abstention, the proposal by Chicago-based Prism Development Co. failed to garner enough votes to move forward to the City Council
The vote was particularly surprising because it had the backing of city officials from the Landmarks Division of the Department of Planning and Development.
City officials and Prism had argued that the 1920s Farwell Building at 664 N. Michigan Ave. was so badly deteriorated that only a radical rehabilitation could save the aging landmark.
Under the proposal, Prism would have removed the limestone façade, demolished the 11-story building, erected a new structure and reapplied the facade. A mixed-use, 40-story development would have been constructed adjacent.
Commsioner Lisa Willis said she
could not support the plan because not enough of the building's original façade would be saved. According to the proposal, only up to 65 percent of the façade would remain.
"The integrity of this landmark would be sorely compromised by this proposal," Willis said.
Commission Chairman David Mosena voted in favor of the proposal. He said it was necessary to provide an economic engine that would cover the cost of repairs. The planned development would feature office and retail space, parking and 86 luxury condos to be managed by Ritz-Carlton Hotel Co.
"I support it because there are not economic opportunities in place to do what is necessary to salvage a building like this," Mosena said.
Prism officials were not immediately available to comment on the vote or if they would seek to contest it.
Under the city's landmarks ordinance, they
could seek a re-hearing before the commission and make a case for "economic hardship," arguing that the existing building was in such poor shape, there was no way they could make the project work other that what they had proposed.
Commissioners voted after about two hours of debate and discussion. One member abstained.
Designed by architect Philip Maher, the Farwell is a legally protected city landmark ornamented in a mixture of French revival and art deco styles. The building is the former site of the Terra Museum of American Art.
Preservationists had contended that if Prism got the go-ahead to do its project, the decision would mark the effective end of landmark protection in Chicago.
Fine warned commissioners before the vote that approval of the plan would set a "terrible, terrible precedent."
"What's next for the Carson Pirie Scott building?" he asked, referring to the historic Loop department store designed by Louis Sullivan. "Will it too become a parking garage?"
Earlier this year, Carson's owner, Bon-Ton Stores Inc., announced it would shutter its State Street flagship next spring, saying it was too expensive to operate. The building is to be redeveloped as a combined retail-office property.