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Mixed Use

Apr 15, 2024

Liam Krehbiel to Demolish 152-year-old Chicago Building

In Chicago's River North neighborhood, a 152-year-old building faces imminent demolition, despite efforts from preservationists to secure its legacy.

Liam Krehbiel to Demolish 152-year-old Chicago Building
Traded Media
Traded Media

Traded Editorial

1 min read

In Chicago's River North neighborhood, a 152-year-old building faces imminent demolition, despite efforts from preservationists to secure its legacy.

Scheduled Demolition

The building, located at 720 North Wells Street, along with an adjacent three-story structure, is set to be demolished to make way for a development by Liam Krehbiel, CEO of Topography Hospitality.

Architectural Significance

Constructed in 1872 by Conrad Seipp, a notable brewer and German immigrant, the building is a symbol of Chicago's post-fire reconstruction, featuring a brick facade and cast-iron columns. Over its lifespan, the building has served various purposes, from storefronts and offices to a Masonic Hall and a Swedish social club. It later housed the Cairo nightclub and the Boarding House restaurant.

Preservation Efforts

Despite its historical and cultural importance, the building never received landmark status, making it vulnerable to demolition. Preservation Chicago's attempt to secure landmark designation was unsuccessful due to perceived deficiencies by the Commission on Chicago Landmarks. The absence of broader preservation measures in River North, including a proposed landmark district, has contributed to the building's precarious situation. Preservation advocates like Ward Miller argue for stricter preservation measures in Chicago, such as demolition reviews for structures over 50 years old, similar to regulations in other cities like Boston.

Future Plans

Meanwhile, Krehbiel has plans for another redevelopment project in Williams Bay, Wisconsin, aiming to transform the George Williams College campus into a retreat center, amphitheater, country inn, and nature preserve.

#Chicago#Mixed Use#Development Site
Published: Apr 15, 2024Last updated: April 15, 2024