Wednesday, February 24, 2010
Status Update: The Ritz-Carlton Residences
It's hard to see from ground level, but progress is being made on Michigan Avenue's newest condo tower. For months, caissons have been driven into the sandy Chicago shoreline soil and there now appears to be something of a basement and retaining wall on the north side of the property. The Ritz-Carlton Residences (664 North Michigan Avenue) used to be the location of the Terra Museum of Art, a popcorn stand, a Starbucks, and a beloved historic mid-rise block known as the Farwell Building. The old-fashioned mid-rise will be reincarnated via a controversial facade transplant.
In the interest of full disclosure it should be noted that I am a sometimes contributor to the Ritz-Carlton Residences' blog, for which I receive no paid compensation.