Crib Chatter

I don’t know how many of you saw this blurb in David Roeder’s column in the Sun-Times yesterday:

For months, people living near the southwest corner of Clark and Chestnut wondered about the hole in the ground. The owner, Lubavitch Chabad, planned a Center for Jewish Life on the site, but couldn’t raise the money.

Apparently deferring its dream of a new building, the organization has a tentative agreement to sell the property to Chicago-based LG Development Group. Ariel Weissberg, attorney for Lubavitch Chabad, said LG wants to build a 15- to 20-story condo building with just two high-end units per floor. The Chabad, he said, may look at other sites to build a spiritual sanctuary.

The property is part of a planned development that requires any developer to obtain the consent of neighbors before building. Talks are under way, Weissberg said, noting that downtown Ald. Brendan Reilly (42nd) was impressed with LG’s proposal, made with the Hartshorne & Plunkard architectural firm.

Good timing for that developer or not?

There were apparently other developers who also bid on the property.