http://www.chicagorealestatedaily.co...ws.pl?id=31025
Developer seeks OK to make Bucktown building a hotel
By Alby Gallun, Sep. 17, 2008
A city panel on Friday will consider a plan to convert the tallest building in Bucktown into a
90-room hotel, a project that has yet to receive the blessing of the neighborhood’s alderman.
Wicker Park developer MCM Realty Ltd. has asked the Zoning Board of Appeals to approve a special-use permit for the redevelopment of
Northwest Tower, a 12-story Art Deco office building at 1600-1608 N. Milwaukee Ave. The project would round out Bucktown, a once gritty neighborhood now known for its expensive homes, trendy restaurants and high-end boutiques — but no hotels.
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http://www.chicagorealestatedaily.co...ws.pl?id=31027
Presidential Towers to get health club, CVS, eatery
By Thomas A. Corfman, Sep. 17, 2008
The retail redevelopment of the Presidential Towers apartment complex is moving forward, with letters of intent signed by two anchor tenants: drugstore giant
CVS Caremark Corp. and local health club chain
Fitness Formula Ltd.
Meanwhile, popular South Loop breakfast spot
Yolk plans a second restaurant, which would be located in Presidential Towers, a four-building complex on the edge of the West Loop, sources say.