This is often evident in real estate listing descriptions that say “the value is in the land,” for properties that exceed a million dollars with the implicit understanding that the home will be razed and replaced. This is playing out heavily in North Side neighborhoods like Lake View and Lincoln Park, where blocks of mostly new construction mega-mansions dot the landscape.
Viewing all posts from the Lincoln Park neighborhood
Every year brings new buildings and the demolition of others–it’s the continuous cycle that transforms inanimate structures into the growing and evolving organism of a city. In times of wealth and prosperity the number of construction and demolition permits grow, and in times of recession they dwindle.
Last year this cycle repeated largely as it has in years past. But there were a few themes in the destruction of Chicago’s architectural heritage: late 19th century Worker’s Cottages, grand South Side homes, Italianate row houses, and a few sparkling Victorians on the North Side.
It wasn’t all losses in 2016–there were a few wins, particularly neglected or damaged churches that will live on through adaptive reuse.