December 15, 2007 – Solstice on the Park is one step closer to becoming a reality. This past Thursday it was approved by the Chicago Plan Commission, and it will next need to be given the go ahead by the City Council Zoning Committee. Antheus Capital is the developer behind this unique building and Jeanne Gang of Gang Studios and Aqua fame is the architect.
Environmental diagrams showing the science behind the unusual design and balcony angles were presented, giving a better idea how the 26 story, 142 unit building’s shape will have a big impact on the heating and cooling aspects of the condo. Other features of the development include a roof top garden and pool, health club, lower level retail space and ivy covered section.
The main issues to be overcome with this project are associated with the close proximity of the Bret Harte school. Antheus offered to address the potential traffic conflicts by constructing a new alley, drop-off point for children, new playground with equipment and school improvements like air conditioning and entryway work.
Other questions were raised about shadows. Solstice will be set back from its East 56 Street location to reduce shading on the Windmere House apartment building and some neighboring houses. Eli Unger of Antheus Capital and MAC Apartments owns a number of rental properties in Hyde Park and has promised to lock in the rental rates of the building directly north of Solstice.
Construction on Solstice could start as soon as summer 2008 and be completed in 2010. This would be the biggest condo project for Hyde Park in 15 years. With the sculpted, saw tooth design it may make Hyde Park stand out among Chicago Neighborhoods.
[tags]Solstice on the Park, Chicago Condos, Chicago Real Estate[/tags]