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Originally Posted by LouisVanDerWright
^^^ But that's the problem, it's not about what is cool or what would be nice, it's about the economics of this location. The mill is a highly inefficient structure even after you renovate it. So they would be paying more money to get a less valuable building. They just dropped $25 million on 2.5 acres of land, they don't get to do what is "cool", they get to do what makes the land pay which is build office midrises. It's not even a choice for them, in order to get that parcel, they had to buck up, and that means they need to make a return on that investment.
Now somewhere like Damen silos where there isn't as much demand and competition for land, you might be able to make a development like that work there.
Also who really thinks Sterling Bay isn't doing adaptive reuse of industrial buildings anymore? They literally have a couple dozen of them in the West Loop alone...
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We have no idea what Sterling Bay will do with these structures, so let's stop lamenting the loss of the silos. The brick part of the mill that is traditional warehouse construction is likely a good candidate for some kind of reuse, I'd be surprised if SB didn't save that section at the very least. Based on the design of the brick section, it's probably pre-1910 so the structure is likely heavy timber which lends itself extremely well to re-use. SB's experience on Fulton Cold Storage was not really typical, most of these old warehouse buildings haven't been turned into Hoth-like ice caves inside and don't have a structure made of problematic early reinforced concrete.
Also, I've been very impressed with the architecture quality of Sterling Bay, pretty much everything they do is attractive, crisp and well-detailed even if it's not architecturally groundbreaking. They hire good architects and I'm sure if there is a way to retain the silos as part of a redevelopment they will explore that option.