They better not demolish that.
I dont know if this was posted yet, it is from June 27th.
A rendering of Cleveland-based Windfall Group USA's proposed building in Chicago's Chinatown neighborhood.
Cleveland developer envisions six-story building in Chicago's Chinatown
By MICAH MAIDENBERG
2:50 pm, June 27, 2012
A Cleveland-based developer is laying plans for a six-story, 100,000-square-foot commercial building in Chinatown that would include retail, office space and potentially a new Chicago Public Library branch.
Eddie Ni, president of Windfall Group USA, says he is under contract to buy a property at the southwest corner of Archer Street and Wentworth Avenue for $5 million and is discussing financing with lenders to construct the $18 million building there.
Mr. Ni envisions a food court and supermarket on the ground level, with retail condominiums between 200 and 1,500 square feet on the second and third floors. The library branch would occupy the fourth and at least part of the fifth floor, should the venture come to terms with the library system. Offices would fill out the top level.
Retail vacancies in Chinatown are low relative to other Chicago neighborhoods, ...Mr. Ni likes the site's location, immediately west of an entrance to the Chicago Transit Authority's Red Line station in the neighborhood.
“Everybody knows that site is the best site in Chinatown, the best location in the Chinatown area,” Mr. Ni says. “We've been trying to acquire the land for two or three years.”
The Windfall Group has a trailer open near the property and is marketing spaces for sale in the building. ....