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Rizzo Realty Group has started marketing Park Kingsbury Residences, a River North loft conversion we told you about recently.
Developer Cataldo / Marovitz, LLC is transforming a five-story warehouse at 660 N Kingsbury St, once home to Ronsley Special Events, into 40 timber-beam lofts with 12- to 14-foot ceiling heights and bamboo floors, among other features.
From the rendering, it looks like FitzGerald Associates Architects, the designer on the project, is planning a few changes to the exterior: adding balconies and removing the white paint from the brick around the base.
The lofts will have one to three bedrooms, including some two-bedrooms with dens, spanning 912 to 2,800 square feet. Prices range from the high $300s to $1.4 million, according to Shelly Cellak, a publicist with Burgeon Agency, which is handling public relations. Deliveries are slated for next fall.
The building is across the way from Lennar Urban’s planned 21-story Parc Huron high-rise, another new project we posted on not long ago.
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{ 12 comments… read them below or add one }
Rendering looks nice.. But bamboo floors? Does anyone really want bamboo floors? I would pay extra for real, solid wood floors that can be refinished. Bamboo is the cheapest thing going and looks like pergo. Will their be that god-awful exposed spiral ductwork too? Where does one go for sophisticated interiors when looking for new development in Chicago?
I like the look of the bamboo floors, personally, although I can see that they wouldn’t be for everyone.
From what I’ve seen it seems to be a solid, durable material, and as environmental concerns continue to influence construction, we’re likely to see a lot more of it.
Why can’t bamboo floors be refinished?
I like sprial ductwork too, at least in lofts. There are plenty of conventional condos on the market, Paul, with nicely taped drywall, concealed ducts and standard oak flooring too.
All new housing must look the same. If builders make money in one place doing one thing, they know they will make it elsewhere too the same way. That’s creativity in the housing market for you. God forbid anyone try anything different.
Would you guys like triangular ducts? would that pique your interest? Jeez…leave it alone. Does ductwork really make you say…’No thank you. I was looking for something different, like triangular ducts!’
Spiral ductwork and the whole fake loft look is going to appear very dated about 10 years from now.
Luckily this five-story warehouse will be an authentic loft conversion requiring exposed ductwork because of its lack of in-wall/in-floor ducting. As long as there are warehouses to convert, the *real* loft look will endure.
But these are real lofts, which are increasingly rare, at least in good locations and buildings that can be converted without creating terrible floor plans.
The limited stock of true lofts will put them in high demand 10 years from now, especially as some of the sketchier corners where they can be located fill in.
Exposed beams and brick, soaring ceilings and oversized windows will never be dated.
The structure and the windows/openings will never be dated. The Chicago “loft look” is very dated. Who wants to look at ductwork? Radiant heat flooring would be a wonderful option allowing for stone floors, polished concrete…. Too many developers with horrendous taste in this town. The interiors in all but a select group of buildings are amateur and super crappy.
LOL @ the prices.
There won’t be much demand for a $300k one bedroom plus $20-$30k parking. There’s soooo many condos for sale in this area it’s laughable.
But don’t you know Mike, real estate always goes up!
This place is WAY overpriced for both the features and location.
$409,000 for a one bedroom, without parking. I hope they sell every one of them, so my 2 bedroom up the street appreciates!.