Monday, October 12, 2009

Inside The Uptown Broadway Building


Here is a rare view of the newly rehabbed Uptown Broadway Building lower level retail/entertainment space at 4701 N Broadway. There has been interest in the space, but as of now, nothing locked in. The space is 7,200RSF and is priced at $15 sq. feet Triple Net.

And next, here is a tour of the 3rd floor shared office spaces. The first tenants moved in just last week. Also note that the price on the northernmost ground level 2,300RSF has been lowered to $24 square foot.
If you or anyone you know is interested in these spaces, please contact Danny Spitz at 312-334-8394.

Update: According to the "About Face Theatre" blog, the basement of the UBB will serve as headquarters (temporarily?) for the theatre group.

Update #2: According to Danny Spitz, leasing agent, the "About Face Theatre" group was in discussions to use the basement space but will now be using the northernmost ground level retail space for their headquarters.

8 comments:

  1. This building is awesome.
    I hope the leasing agents are working to get quality tenants that will take pride in their businesses and the community!

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  2. Maybe a caterer could use the space for wedding receptions, etc.? There's a dearth of such facilities in the Uptown area.

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  3. Update, thanks for pitching in on filling these vacancies.

    Wouldn't it be great if someone would work on empty retail full time? Wouldn't it be great if the City would fund them, and they were required to maintain a list of available storefronts, and under contract to market the locations, and forward the list with a progress reports to the City Dept of Community Development on a say quarterly basis?

    oh, wait

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  4. THis is an amazing space and my neighbors and I were bantering about what would be good there.

    Would amazing if it were a destination, one that brings the whole area to people's attention. I.E. - how OTSFM made Lincoln Square. How about a dance school? Art school, like Lill Street? An improv/theater school? Film School? Something accessible and community oriented. Where people would come for a class and then stay and spend money in the area.

    If a mid-sized theater could make it work there, that would be awesome. As much as I love small theater, it would have to be bigger than any of the troups currently in Uptown.

    Could we woo IO away from Wrigleyville? Facets away from middle of nowhere Lincoln Park? North campus for Columbia?

    heck, what about that dang movie theater? It could be a small art/foriegn one, similar to Century or Facets. Perfect for the neighborhood.

    Banquet hall isn't bad, but doesn't do much for walking traffic during the day.

    The section of Uptown is already a thriving enterainment and restaurant area...what else would bring/keep people in the area? Make it a place you want to walk around?

    Maximizing the space with a large retailer (not necessarily chain) could also complete the retail corridor initiated with Borders. I understand the fear of theft, but there really are few places to shop in Uptown. Eat, drink, sure...but outside of resale it would be nice to have the clothing, shoes, nice furniture, sporting goods, home goods that have developed in Edgewater and Andersonville.

    So sad to see the boutiques in the Junket building failing, the one closing just last week. No one thinks to come here for that kind of stuff.

    Out side of tossing things out here, what can we as a community do to solicit interest.

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  5. The offices look nice but I'd love audio to hear how much train noise you're getting from the red line. Though with the proposed CTA cuts at least you'd be getting less frequent train rumble.

    I'd hope for something cool in that basement spac, but I can't recall ever being in a entertainment type space with that many pillars blocking views and sight lines.

    Was on Southport for Dairy Queen, a few weeks ago and even that strip seems to be hurting in the vacancy department. Hopefully these leasing agents can beat odds after all the restoration work that went into it.

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  6. The train noise in the offices is minimized by the triple pane thick windows.

    there are only 2 offices with east exposure, and the noise is not bad at all, especially with the slow trains coming in and out of the Lawrence station.

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  7. Danny, can you clarify---what is the psf cost on the shared office space on the 2nd floor?

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  8. Hugh: Wouldn't it be great if someone would work on empty retail full time? Wouldn't it be great if the City would fund them, and they were required to maintain a list of available storefronts, and under contract to market the locations, and forward the list with a progress reports to the City Dept of Community Development on a say quarterly basis?

    Except for the funding by* and reporting to the city, you've just described what a community Development Corporation does. Andersonville and Edgewater both have them. It doesn't have to be the Alderman's job (though their support is very helpful).

    In the case of Andersonville/ADC, we have to be separate from the Ward offices, because the business district covers four different wards.

    * I get our funding confused with the Chamber of Commerce sometimes, but I'm pretty sure we don't get any city money, though we do apply for other government grants.

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