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Lofty Goals by Andra Naylor |
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Winthrop borrows loft design for new condos at 111 Morgan
After
the loft boom of the 90s, few industrial buildings suitable for
conversion remained in Chicagos prime neighborhoods, but the demand
for lofts flexible floor plans, urban character and copious light
was greater than ever. Lofts, once associated with artists and a bohemian
lifestyle, came of age in the 90s as a popular choice for young
professionals and first-time home buyers. But lofts
popularity paradoxically presented developers with a dilemma, how to meet
this demand with the supply of conversion candidates in central neighborhoods
drying up. The solution
for Evanston-based Winthrop Properties was simple: If you build it, they
will come. The companys
One One One Morgan, at Adams and Morgan in the West Loop, is a brand new
nine-story building that offers 166 loft-like units. By definition, the
word loft refers to adaptive reuse and projects like Printers
Row Lofts, another Winthrop Properties venture, located in the South Loop.
The true lofts converting to condos at this project have attracted buyers
with lofty features such as high ceilings and exposed timber beams, ductwork
and brick. At 111
Morgan, the decision to emulate such features in a brand new building
had everything to do with the sites lofty surroundings and its configuration,
according to Bob Horner, a co-principal with Ibrahim Shihadeh in Winthrop
Properties, the developer. When
you have a property that is relatively long and narrow, you end up with
units that tend to be long and narrow, said Horner. The loft
construction code tends to work best. You have the ability to have bedrooms
with borrowed light and ventilation. In most
floor plans at 111 Morgan, bedrooms are located in the back of the unit.
A loft-style design, with ten-foot ceilings and partial-height walls,
allows ample light from extra-tall windows in the front of the unit to
get to those rooms. One
of the most attractive features of 111 Morgan is the tall windows that
provide tremendous light and great views of the West Loop and downtown,
Horner said. We really wanted to offer high ceilings and spacious
rooms. Units
range from 700 to 1,400 square feet, with one to two bedrooms plus dens
and one to two baths. Context
was another important factor in shaping the design for 111 Morgan. The
project is surrounded by the stolid architecture of manufacturing buildings
turned lofts in the West Loop, a growing neighborhood of upscale restaurants
and art galleries perched on the edge of the major expressways. Theres
not much product left in desirable areas to do a loft, Horner said.
But its an attractive architectural style and fits in well
with the neighborhood. Designed
by Fitzgerald & Associates, one of the pioneers in Chicago loft design,
111 Morgan has all the advantages of new construction. The principal perk,
according to Horner, is that unlike older buildings designed for commercial
purposes, 111 Morgan has few unknowns. The developer was able to remedy
basic problems associated with lofts by building from scratch. This
building offers a greater sense of privacy than most loft buildings,
Horner said. Its hard to sound-insulate old buildings, but
in 111 Morgan, there are 10 inches of concrete between floors, with insulation.
That gives us the ability to keep heating and cooling costs down. And unlike
a lot of loft conversions, parking is not a problem at One One One Morgan,
according to Horner. In
many older loft buildings, parking is limited to the basement, and you
often run into difficult space with columns in weird places, making it
difficult to park, Horner said. One One
One Morgan offers heated, indoor parking located in the basement, first
and second floors for $25,000 per space. Other building amenities include
a deli-like convenience store on the 1st floor, a 24-hour doorman and
an on-site manager. Winthrop
also included a high level of standard finishes, according to Horner,
so buyers dont have to worry about the price of massive upgrades. We
dont want people to spend an arm and a leg getting the unit the
way they want it, Horner said. Standard features include fireplaces
with oak mantles, hardwood floors in living areas, granite countertops,
upgraded cabinetry, stainless steel appliances, track lighting, solid-core
doors and deep soaking tubs. Although
we cant offer the charm and character of a loft with exposed brick
walls and timber beams, we do have the high ceilings, large rooms and
industrial look, with exposed ductwork, Horner said. We offer
the flexibility of not having to rip up drywall every time you want to
rewire or replumb. Not that
buyers ever should have to worry about construction standards at 111 Morgan.
The headquarters
for Walsh Construction, the general contractor at 111 Morgan and one of
the nations largest construction companies, is located directly
across the street. Walsh
cant run away and hide, Horner said. Theyre going
to be right there to take care of any warranty issues that could arise
in the future. A sales center and two furnished models are open in the building, at 111 S. Morgan. |