We were saddened when Odyssey Lofts underwent a name change late in 2010. The original name called attention to its Greektown location and to the journeys underway on the adjacent expressway.
The 62-unit development formerly known as Odyssey Lofts purported to be more than 70% sold at one point, but fewer than 25% of the units closed before it went into foreclosure and was taken over by a new team. Reports of the number of units sold and their price ranges wandered as widely as Odysseus.
Two-thirds of the units have been sold and closed at the renamed 770 Lofts since the first of last year, and only a half dozen units remain available. One of them, a 1-bedroom priced at $249,900, is on one of the two floors that were added as new construction to the existing 6-story loft building. The new name of the development poetically evokes its location at 770 W Gladys.
Odyssey Lofts’ tag line, back in the day, was “if you lived here you’d be Homer by now,” and that affords us a pretext for a photo of the rosy-fingered sunset over the West Loop.
One big problem I’ve always had with this building, in addition to the obvious brickwork repairs – the main entrance is in the middle of what is effectively a valet parking lot. For reasons I don’t understand, the city has given a valet company permission to use the short stretch of Gladys for their parking – cars are usually parked 4 deep across the entire street. It’s amazing to me that the city would give permission for something like that – but residents to this building literally have a parking lot as their sidewalk.
Agreed. I looked at this building and was not impressed by the entrance at all. In addition to being in an alley next to a parking lot with random cars parked all over the place, the door was broken and wasn’t working properly.