Thursday, April 09, 2020

New construction starts on Planet Granite in Lincoln Park / Old Town... also listed for sale $22.4 million

Construction of the new Planet Granite Lincoln Park/ Old Town at 1450 N Dayton.  The property is being marketed for sale as well for $22,460,000 on  All photos Eric Rojas, Broker, Kale Realty

We've had several appointments in the Lurie Children's Hospital offices at 1440 N Dayton in southern Lincoln Park/ Old Town area. A new Planet Granite climbing gym is being built next door at 1450 North Dayton Street as part of a larger Shops at Big Deahl mixed use development. The general location is home to several office buildings, condos/ apartment buildings, services, entertainment establishments, community centers and retail shopping (New City shops/ apartments).  The British International School is across the street, REI building is just west along the river and Whole Foods steps away at 1550 N Kingsbury.

The vacant lot at 1450 N Dayton  (West Blackhawk and North Dayton) before the construction ramp up. SoNo East Apartments and condos are in the background to the north. A parking facility and The British School are directly east.
We've wondered about progress on the large vacant lot while visiting this location for some time. In addition to the Lurie Children's offices we've frequented the former Pump it Up and Menomonee Club Drucker Center within the block. It's a unique spot with a crazy array of work places, amenities, fitness options, schools and entertainment for kids and adults... packed into a two square block with even more coming!

Photos taken from the 2nd floor at 1440 North Dayton
According to public records a special warranty deed was recorded at 1450 N Dayton with an amount of $16,000,000 in 2015. I found a for sale advertisement on for the Planet Granite single tenancy building asking $22,460,000.  The Real Deal had a story when the property was first listed a year ago.

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