Bedrock goes back to work. 2 new renovations, 1 new construction all @ capitol park

[stasu1213]

Gilbert didn't want them. Presumably because with as many layers of historic protections as those buildings have, he wouldn't have been able to paint anything inside lime green. But seriously, those buildings were way out of code.

HB

Mr Jackson probably knew about the layers of historic protections. He could hide behind that to keep from doing something to those buildings

[Huggybear]

Mr Jackson probably knew about the layers of historic protections. He could hide behind that to keep from doing something to those buildings

I think you would find that despite the architectural cache, Lafayette Towers were cheaply constructed and not well maintained over the past 50 years. For as much as people want to complain about rents in Lafayette Park, they're not high enough yet to attract the capital needed to bring places like this into the 21st century [[stating with the massively energy-inefficient original exterior glass panes that make up 85%+ of the exterior of the two buildings). And if we have learned one thing about the Gilbert acquisitions, it is that the organization specializes in distressed properties that are functional without major work [[unless, of course, the major work is required to make the property "cool," like the Federal Reserve Building that now unintentionally looks like Skeletor).

HB

[stasu1213]

I think you would find that despite the architectural cache, Lafayette Towers were cheaply constructed and not well maintained over the past 50 years. For as much as people want to complain about rents in Lafayette Park, they're not high enough yet to attract the capital needed to bring places like this into the 21st century [[stating with the massively energy-inefficient original exterior glass panes that make up 85%+ of the exterior of the two buildings). And if we have learned one thing about the Gilbert acquisitions, it is that the organization specializes in distressed properties that are functional without major work [[unless, of course, the major work is required to make the property "cool," like the Federal Reserve Building that now unintentionally looks like Skeletor).

HB

Wasn't the Pavilion made with a similar design and was renovated a few years back? Lafayette Towers could also be renovated. No excuses. My friend was told by management that it would cost thousands to put a fence around the property. Spend the money being that the property was only purchased for only $5 million. I believe that the owner knew about the historical preservation of the property before buying it. It could be use as an excuse not to put any money into the property due to not having money to bring it back to the condition it was 50 plus years ago