This summer a venture led by the Chicago-based developer will start marketing the final — and biggest — phase of the 600,000-sq. ft. Webster Square project at Lincoln and Webster avenues, aiming to capitalize on resurgent condo demand and lack of competition from other builders in the wealthy neighborhood.
Sandz already has converted two former hospital buildings into apartments and a grocery store. Now, they plan to covert a 12-story brick structure on the campus into about 100 condos. It would be the largest condo project conceived since the crash in Lincoln Park, a traditionally strong housing market where big sites rarely come available to developers.
“This is the natural progression,” said Sandz partner David Goldman. “It’s been a nice milestone for us and it’s got us feeling good about the overall program at Webster Square.”
The architect is Gary L. Kohn of Solomon Corwell Buenz (SCB).
Key subtrades include: Electrical, Avondale Electric, Inc.; masonry, J & E Duff Inc.; plumber/plumbing, Norman Mechanical; refrigeration and ventilation, AMS Mechanical Systems Inc.
