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Three low-rise loft buildings, constructed
during the 1870s, were recently placed on the market for redevelopment by
the Art Institute of Chicago. Even though they are located within a local
landmark district, a prospective new owner has announced plans to
construct a 67-story residential tower with a slight set-back from the
original five- and six-story facades. The height of the tower would have a
negative impact on the character of the Jewelers Row District, as well as
on the historic appearance of the adjacent
Michigan Avenue “streetwall,”
which faces Grant Park and Lake Michigan.
Photo credit: LPCI
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