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Frank Lloyd Wright Home May Be Spared From The Wrecking Ball

A historic Highland Park Frank Lloyd home may have been spared from the wrecking ball. The owners, Juan and Claire Montenegro applied and received a permit for conditional demolition of the home that had been listed since 2011. Ten days after the permit was issued, the home was finally sold. The new owners intend to live in the home. Chicagobusiness.com has a great synopsis of the whole ordeal here.

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Not So Bad, 2016 Real Estate Forecast Steady

The outlook might not be as bullish as it was a few months ago, but according to the ULI Real Estate Consensus Forecast 2016 won’t be too bad for commercial real estate.

The forecast boldly predicts a fairly healthy pace of economic expansion. Gross domestic product (GDP) growth for this year is expected to be on par with the 2.4 percent that was recorded in 2014, while strengthening to 2.8 percent in 2016 and 2.7 percent in 2017. Interestingly, 2016 and 2017 predictions are at the highest levels in eight years, comparable with the 2.7 percent GDP growth that occurred in 2006.

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Mrs. O’Leary’s Cow Influencing O’Hare Airport

It’s been nearly a century and a half since Mrs. O’Leary’s cow started the Great Chicago Fire, but the animal is still influencing construction going on at O’Hare airport. Since the Great Fire, Chicago has extremely stringent fire safety when it comes to free standing towers. The $28 million South Air Traffic Control Tower will need to have two enclosed fire escape stairwells which has made the design challenging. Chicago construction news has a great article here. O’Leary, O’Hare, O’My!

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Water Tower Hall Of Fame

Midwest Wrecking Company specializes in removing water towers and structures. Our five decades of experience ensures that we’ll complete your project safely and on budget. We are especially adept at clearing away tanks that are still functioning and are difficult to access.

Here are some water tanks that we would hate to remove:

 

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