Site work has been ongoing since November at Fountain View, 2326 W Giddings Ave, Terra Firma‘s 18-unit condo development in the heart of Lincoln Square. The mixed-use project is also registered with the U.S. Green Building Council, the national nonprofit that operates the LEED (Leadership in Energy and Environmental Design) rating system.
Terra Firma constantly monitors the construction process and documents the requisite green building techniques for the LEED certification process, says Brad Leibov, a principal with the firm. Yo spoke with Leibov today to get the latest on the development, which bills itself as the first green mixed-use building in Chicago. When we last checked in, the developer had just finished tearing down the previous existing building on the site.
“We require our contractor to report to us on a regular basis,” says Leibov. “One of [the] goals is to recycle 50 percent of the previous building’s materials.”
Leibov reported today that Terra Firma’s contractor has succeeded in recycling 97 percent of the previous building’s debris – well beyond the nominal number required by the city. In addition, the developer was able to use the underground foundation from the old building to partially support Fountain View’s new underground parking garage.
Fountain View’s two- and three-bedroom units range in size from 1,292 to 1,540 square feet. Prices begin in the $420s and top out near the $550s; heated underground parking begins at $30,000. Prudential Preferred Properties is marketing the units, and Terra Firma expects deliveries to begin in August.