We spotted this sign advertising "The New Admiral At The Lake," a retirement community for seniors slated for Foster and Marine drive. The future site of the project has now been completely cleared. According the website, the building will be 31 stories and house 256 units of senior housing.
Sunday, April 13, 2008
'New Admiral At The Lake' Coming Soon
We spotted this sign advertising "The New Admiral At The Lake," a retirement community for seniors slated for Foster and Marine drive. The future site of the project has now been completely cleared. According the website, the building will be 31 stories and house 256 units of senior housing.
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Wonder if these units will cost $337,000 per unit like Wilson Yard.
ReplyDeleteProbably more to buy, but less to build!
ReplyDeleteplus, there was a big community process to get input BEFORE plans were provided. Imagine that!
ReplyDeleteNot bad...pretty decent architecture, considering the fact that it's senior housing (not usually very attractive).
ReplyDeleteOh yeah!!
ReplyDeleteJust like many things in Chicago, you will have one senior living experience for the wealthy (Admiral) and another one for the poor (Wilson Yards.) A lot could have been done to ameliorate that if so much money weren't wasted at Wilson Yards.
ReplyDeleteJust gotta ask, though, were is it that young middle class families can afford to live in Chicago? Few places along the lakefront, that is is for sure.
And don't forget to mention that the Admiral's plan for parking the 250 cars of the construction workers is at Foster Street Beach and in the surrounding neighborhoods. Yep, you heard that right - This for profit company will be utilizing FREE city parking for their project. A few cars would be understandable. 250? Not so much. The residents in the neighborhood are outraged.
ReplyDeleteYou're right Anon. I think it's a struggle, maybe even impossible, for middle class families to live on the lakefront, even in Uptown.
ReplyDeleteHousing costs are are a part of the equation, but the factor that sends more families packing? Schools.
If we had not bought our apartment before time was invented, there's little chance we'd be able to stay and raise Sophie here. I consider us to be very fortunate.
"Just gotta ask, though, were is it that young middle class families can afford to live in Chicago? Few places along the lakefront, that is is for sure."
ReplyDeleteHow is the lack of affordable housing along the lakefront a travesty? It is a highly desirable location and so it should cost more to live there. You talk like living by the lakefront in Chicago should be a right for young middle class families?
I tend to agree with the last poster - it should cost more to live by the lakefront. So long as there is appropriate public space along the lake for joggers, bicyclists, frisbee throwers and the like, I see no justifiable reason to not allow market forces to determine value for desirable lakefront real estate. The real issue is how or whether middle class families are getting squeezed out of other neighborhoods inside Chicago.
ReplyDeleteActually, as Suzanne said, the issue is really schools. We can afford the real estate just fine but when you add a kid or two in private school that adds up to more than a mortgage on a nice piece of property. So, the result is that middle class families often get squeezed out of the City.
ReplyDeleteMy point is not so much that people have any God given right to affordable housing on the lakefront, just that the public schools are still in a pretty sorry state. Most middle class parents just won't mess around with their kids' education if there is any choice at all and so they either have to go private or move someplace where there are quality public schools. That only furthers the problem for the children of parents who have few economic alternatives. It is so much more than the cost of real estate.
Socio-economically mixed neighborhoods are good for everyone.
Well the organization called "ONE" would disagree with that assertion that it isn't a God-given right to live on the lakefront... This is an organization who's entire reason for being is to make the Northern Lakefront affordable to all. Isn't that a ridiculous premise to base an organization on?!?
ReplyDeleteO.N.E. would claim you could always send your children to Uplift. The school offers a great course in graffiti as an effort to reach out to the middle class families.
ReplyDeleteAs for private schools, many of them are not only quite expensive, but there are few slots available. You get there with luck, by knowing someone, and you still must "donate" money. I know one family who wanted to send their child to Latin School and the parents were called in by the principal the summer before school started and asked if they wanted to give their $2,500 donation by check or credit card. Tuition is around $25,000 per year.
This is an organization who's entire reason for being is to make the Northern Lakefront affordable to all.
ReplyDeleteI think they have missed out on the "affordable to all" part. Look at DINK's previous post and you've got another reason why the areas surrounding the Loop will demographically look like a "dumbbell." Wealthy people--- (retirees, DINKS of any sexual orientation, high-net worth families & people wanting a Chicago pied a terre,)---very few in the middle---and then those who have managed to secure some kind of subsidized housing.
I believe that many American cities are going to look more like European cities in terms of how wealth is spatially organized.
ONE doesn't seem to believe that a community needs young couples, young families and other middle class folks to make a community thrive. Otherwise, why would they spend so much time pushing around the liberal people who came to live here because they were priced out of other neighborhoods? Much of ONE's strategy and viewpoints are wrong but it will be too late by the time they figure it out.
This organization began as a home for indigent women. Now you must have more than a million dollars to live there!
ReplyDeleteJust curious...when is the New Admiral actually breaking ground?? Or has it already?? Haven't been in the city for the past couple of months...but planning to come back to the area soon.
ReplyDeleteThe Admiral at the Lake has never been a for - profit company. I lived there. Some people have incorrect information. Hello Malena?
ReplyDeleteThe Admiral at the Lake is a non-profit institution, I lived there. Some people's info is incorrect. Hello Malena?
ReplyDeleteIs there a employment site for the Admiral?
ReplyDeleteEveryone complains about there being no work, so the residents should be happy to see those 250 cars in the neighborhood, rather than 250 more bums like there are now
ReplyDelete