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Residential

Nov 22, 2023

Revamping 180 W Adams Street: An Exciting Transformation in The Loop

Exciting changes are on the horizon for 180 W Adams Street, an eight-story building located in the heart of The Loop.

Revamping 180 W Adams Street: An Exciting Transformation in The Loop
Traded Media
Traded Media

Traded Editorial

2 min read

Residential Conversion Project Kicks Off at 180 W Adams Street, The Loop

Exciting changes are on the horizon for 180 W Adams Street, an eight-story building located in the heart of The Loop. The building is set to undergo a transformation, with renovation permits already issued for the conversion of existing office spaces into residential units. This project is a clear response to the growing demand for residential accommodations in the area.

Project Details and Management

The renovation project will see an increase in the building's unit count from 36 to 39 dwelling units. Specifically, three office spaces on the second floor will be converted into new apartments. The building, which is fully sprinklered, will undergo this change following detailed plans and will be subject to certified corrections, field inspections, and audits.

The project will be spearheaded by 180 W Adams LLC, with Jorge Fajardo serving as the architect. Timberwolf General Contracting has been entrusted with overseeing the general renovation process.

Budget and Permit Fees

The renovation, expedited by Papa CTO Consulting, has a budget of $300,000. The permit fees for the project total $2,614, indicating a significant investment in the building's transformation.

Location and Accessibility

The building's location is one of its greatest assets. It is conveniently located just steps away from bus stops for Routes 1, 7, 28, 37, 126, 134, and 151. Moreover, the Quincy CTA station, which services the Brown, Orange, Pink, and Purple lines, is just a block away from the property, making it an ideal residential location for commuters.

This project represents a significant shift in the building's use, and it's a clear indication of the increasing demand for residential spaces in The Loop. It's an exciting development for prospective homeowners, real estate investors, and industry professionals alike.

Conclusion

With the conversion of 180 W Adams Street, The Loop continues to evolve to meet the changing needs of its residents. This project is a testament to the area's growth and the increasing demand for residential spaces. It's a development worth watching for anyone interested in real estate trends in the area.

#Chicago#Residential
Published: Nov 22, 2023Last updated: December 1, 2023