We are pleased to announce that four of our projects from the MHA Midwest office were selected as recipients of prestigious Chicago preservation awards last week. All of these projects utilized the federal historic tax credit as well as city-offered programs to make their rehabilitations a reality.
Without further ado, the winners are...
Without further ado, the winners are...
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Chicago Art Deco Society | 2015 Joseph Loundy Preservation Award
On Thursday, June 18, we, along with other members of the project team, including owners MB Real Estate, were awarded Chicago Art Deco Society's first-ever Joseph Loundy Preservation Award. Named for the former president of the Society, this award commends the restoration work undertaken to preserve one of the finest examples of Art Deco architecture in Chicago.
The Chicago Motor Club was built in 1928 at 68 E. Wacker Place, and was an early automobile clubhouse for motorists in the Windy City who could find road maps and travel maps in this pre-AAA era. Standing 15 stories tall, notable exterior features of the building include it's slender footprint, limestone, terra-cotta bas relief panels, a steel frame awning with glass panels that allow you to see enjoy the fast moving lines of the automobile temple when standing at the base of the building, and the iconic Chicago Motor Club circular emblem of the letter "C" surrounding a red star. Inside, the lobby features an original 29 foot, two-story United States road map mural created by artist John Warner Norton, more bas relief detail, green and black terrazzo floors, and shimmering silver accents throughout.
The federal historic rehabilitation tax credit and the Chicago Class L Property Tax Reduction Incentive were used for this project.
The federal historic rehabilitation tax credit and the Chicago Class L Property Tax Reduction Incentive were used for this project.
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The Old Dearborn Bank Building / Virgin Hotel
Commission of Chicago Landmarks | 2015 Chicago Landmark Award for Preservation Excellence
The Chicago Landmark Award for Preservation Excellence is given to individual Chicago Landmarks or to buildings within Chicago Landmark Districts. The Old Dearborn Bank Building, now the first Virgin Hotel, is a distinguished recipient of this year's award class.
The John Buck Company and Virgin Hotels North America led a spectacular rehabilitation and adaptive reuse effort to convert this 1920s bank and office building into a modern hotel. Modern as it may be, the historic touches that were restored are the real show-stoppers. Terra cotta exterior features were repaired while the lobby harkens back to the original banking hall splendor that includes restored entry frame ornamentation, marble walls, terrazzo
flooring, an original cigar bar and a mail chute in the first floor lobby. For all public spaces, coffered ornate ceilings
and ornamental elevator elements were restored. In addition, sensitive treatments for new sprinkler and mechanical systems and the installation of a "green" roof exemplified how modern techniques fit in with preservation projects.
The federal historic rehabilitation tax credit and the Chicago Class L Property Tax Reduction Incentive were used for this project.
The federal historic rehabilitation tax credit and the Chicago Class L Property Tax Reduction Incentive were used for this project.
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Steger Building
Commission of Chicago Landmarks | 2015 Chicago Landmark Award for Preservation Excellence
Another winner of a Chicago Landmark Award for Preservation Excellence is the Steger Building on East Jackson Boulevard, owned by CA Student Living. This 1909 Neoclassical Chicago skyscraper was originally built as the headquarters for Steger & Sons Piano Manufacturing Company and was part of the city's historic "Music Row."
Under the new ownerships, the building was designated as a Chicago Landmark and has been adapted to house college students and also has retail space, but still retains many of its defining Classical features. The three-story base has intricate terra cotta details while the lobby is ornately embellished with decorative plaster and the walls feature terra cotta garlands, swags, medallions, rosettes, and foliated bands.
The federal historic rehabilitation tax credit and the Chicago permit fee waiver program were used for this project.
The federal historic rehabilitation tax credit and the Chicago permit fee waiver program were used for this project.
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The Inland Steel Building
Commission of Chicago Landmarks | 2015 Chicago Landmark Award for Preservation Excellence
The only mid-century building on our list of award winners, the Inland Steel Building was built in 1958 with an innovative column-free high-rise design. It was the first skyscraper built in the Chicago Loop after the Great Depression.
Capital Properties received this award for the outstanding rehabilitation they undertook, primarily on the interior spaces and most notably the historic lobby. Energy efficiency upgrades and a new vegetative "green" roof also contributed to the success of the rehabilitation that led to a Class A rating for the building, an increase in tenant capacity, and energy reductions of about 65% on a typical floor.
The federal historic rehabilitation tax credit and the Chicago Class L Property Tax Reduction Incentive were used for this project.
Capital Properties received this award for the outstanding rehabilitation they undertook, primarily on the interior spaces and most notably the historic lobby. Energy efficiency upgrades and a new vegetative "green" roof also contributed to the success of the rehabilitation that led to a Class A rating for the building, an increase in tenant capacity, and energy reductions of about 65% on a typical floor.
The federal historic rehabilitation tax credit and the Chicago Class L Property Tax Reduction Incentive were used for this project.
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