Even though it’s not downtown, or downtown-adjacent, Edgewater is shaping up to be one of Chicago’s hottest neighborhoods. New shops and infrastructure are going in, and it’s even made a recent appearance on HGTV’s House Hunters program.
But as the new comes in, the old goes out, and that means the Woodruff Arcade Building (6361 North Broadway) is getting the old heave-ho.
The Woodruff Arcade is historic, but not historic enough to be saved. From the sidewalk the 1923 building designed by Herbert Green is not much to look at. But its form, with a central atrium surrounded by retail space, is one of a dwindling number of such buildings left in America.
Edgeville Buzz reports that 48th Ward Alderman Harry Osterman believes that because there is already a proposal to redevelop the property, the chances of getting it landmarked at this late date are very low.
Developers Borekci Real Estate and Algonquin Ventures Real Estate plan to replace the well-worn building with a seven-story residential block featuring ground-floor retail space.
As a point of interest, Borekci Real Estate is headquartered in Turkey, with its local office in Northbrook.