The Real Estate and Building Industries Council (RBIC) events attract and engage leaders of the design, construction, development, real estate, and finance industries in the activities of Landmarks Illinois. Since 1993, the RBIC has hosted an annual awards ceremony and reception at a recently redeveloped building or place and honors the project team for the success of its transformation. By recognizing individuals, firms, and organizations that demonstrate a special dedication to historic preservation through responsible development and planning, RBIC helps Landmarks Illinois promote the restoration and adaptive reuse and of historic structures and places.
2017 Honoree: Cedar Street
Landmarks Illinois honored Cedar Street in July with its 2017 RBIC Award in recognition of its historic restoration projects across Chicago. The event took place at the rehabilitated Bush Temple of Music, located in Chicago’s River North neighborhood.
Designed by architect J.E.O. Pridmore in 1901, the rare large-scale French Renaissance Revival “Chateauesque” style building, once housed the headquarters and showroom of the Bush and Gerts Piano Company. The building is listed on the National Register of Historic Places. Cedar Street Companies has rehabilitated The Bush Temple into 101 amenity-rich apartments and four prime retail spaces. Residents will enjoy hotel-like amenities, including a state-of-the-art fitness center and boxing club, bike room, rooftop deck and grand lobby. Due to the historic nature of the property, Cedar Street made all efforts to preserve as many original architectural details as possible. The updated building includes its original skylights on the first floor, marble walls in the corridor and terrazzo flooring throughout the building. Further, all units include their original single-panel doors with fritted glass and restored panel windows. The Bush Temple rehabilitation project is using the 20% Federal Rehabilitation Tax Credit.
Cedar Street also used the City of Chicago’s Adopt-a-Landmark incentive for this rehabilitation project. This incentive is available for owners reinvesting in Chicago Landmark properties.
(Photo: Bush Temple of Music. Credit: Cedar Street)
See photos from the 2017 RBIC event below!View Photos
Watch a video on the rehabilitated Bush Temple below
PAST RBIC HONOREES
- Chicago Athletic Association – AJ Capital Partners
- Gibbons & Steger Buildings “Infinite” Apartments
- The Wrigley Building
- Randolph Tower
- Joseph Freed – Sullivan Center
- The Palmer House
- Thor Realty
- Draper & Kramer
- The Chicago Board of Trade
- Jones Lang LaSalle – Symphony Center
- Marc Realty – 29 E. Madison
- Related Midwest – Hotel St. Benedict Flats
- Baird & Warner – Printers Row
- The Chicago Public Schools
- Governor James R. Thompson
- McClier – The Reliance Building
- Mesirow Stein – Fort Sheridan
- Baldwin Development Company
- The Rookery
- Friedman Properties – Court House Place
- W.E. O’Neil – Medinah Temple
- The Chicago Theater