Restoration of chandelier part of $150 million renovation
A priceless restoration of a 600-pound, 7-foot tall chandelier will be a unique antique element preserved as part of a plan to restore key elements of the 20-story building of 850 Lake Shore Drive in Chicago’s distinguished Streeterville neighborhood.
The building, which was designed by architect Jarvis Hunt in 1924 spent about 50 years as the home of a private club, the Lake Shore Athletic Club, then served a 400-room dormitory for Northwestern University law and medical students until 2005 and then was rescued from demolition in 2008 by Matthew K. Phillips, president and CEO of Integrated Development Group (IDG).
Now this lakefront building is being turned into an upscale senior living community with an estimated project cost of $150 million that will provide 128 independent living apartments and 11 assisted living apartments and ample indoor parking.
The stunning silver chandelier, which was once part of the grand ballroom of the Athletic Club, will now be centered in the community’s main dining room. The renovation of this chandelier, refurbished by Phillips and Archistoric Products LLC, is expected to take two months.
The original manufacturer of the chandelier has not been identified, but as it is dismantled, president of Archistoric Products LLC Doug Seaman hopes to find a signature or mark that helps reveal it.
“Matt has a genuine respect for the details that make a building great,” said Seaman. “He understands the value of this chandelier and is investing the money to repair it correctly. It is a gift both to those who will live at 850 and to the City of Chicago.”
Other light fixtures and metal grillwork within 850 Lakeshore Drive are being restored as well and interior construction is expected to begin once building permits have been issued on 850 Lake Shore Drive, which is seen as part of Chicago’s rich portfolio of architecture. The interior construction is set for completion in 2012.
For more information on the restoration project visit http://www.850lsd.com/news/press_releases/pressrel_031110.html
For more information on the building as a senior living community visit http://www.850lsd.com or http://blog.luxuryproperty.com/upscale-retirement-community-planned-for-chicago-lakefront/