Status Update: The still unnamed new Loyola building
Only a couple of weeks after we posted our article about Loyola University planning to tear down a grungy strip of retail stores on Chicago Avenue it actually happened.
Though Crain’s Chicago Business and others predicted that demolition wouldn’t happen until spring or even summer, if you blinked, you missed it. Dunkin’ Donuts, Tony’s and the random vacant space are all gone and the newsstand has been closed up tight. Look for that to disappear soon. It will be stored in a city warehouse until the project is finished.
Soon to come — a Loyola University building with offices, classrooms, and street-level retail. Since the economy has made us new fans of McDonald’s dollar menu, we’ll keep a close eye on this for you.