Winchester at Belmont Harbor

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3175 North Hudson Avenue, Chicago, IL

Winchester at Belmont Harbor
Winchester-Chicago-Exterior.jpg

Rendering of Exterior of Winchester at Belmont Harbor
Building Information
Developer GJB Development
Number of Units 47
Number of Floors 12
Year Built 2013
Construction Method Concrete
Type of Roof IRMA
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3175 North Hudson Avenue, Chicago, IL, United States
Distance to Public Transit Within one block
Region Chicago
Municipality Chicago
Zoning PD 1036
Title of Land Condominium


Contents

Background

Currently under construction by GJB Development and Sterling Renaissance Construction, the Winchester at Belmont Harbor is said to become a luxury high-rise condominium at Lakeview's gold coast. The Winchester offers luxury two and three bedroom homes with views of the lake and city.

Winchester Logo

Said to be completed by the summer of 2013, prices will range from $389,000 to nearly two million. Pricing for a parking space ranges from $28,000 to $35,000 in the heated, underground parking garage. Pre-sale is currently underway by Koenig and Strey GMAC Real Estate.

Located in the sought-after neighborhood of Chicago, Lakeview became the second largest area in Chicago in 2010 based on population.

History dates back to 1837 when Conrad Sulzer of Zurich, Switzerland, became the first white settler to live in the area. Prior to that, Lakeview was used as a camp and trail for the Miami, Ottawa, and Winnebago Native American tribes. The early settlement continued to grow, and Lakeview experienced extreme population growth as Chicago suffered a deadly and devastating outbreak of cholera. The Hotel Lake View was a refuge for the sick, but became filled to capacity. Housing began being built in the area and access to the new community was provided by a wooden plank road. This was named Lakeview Plank Road, which is the current day North Broadway.

The neighborhood is unofficially divided into smaller distinctive areas including Lakeview East, West Lakeview and Wrigleyville. Boystown, located in Lakeview East, is famous for its large lesbian and gay population, as well as its annual pride parade. Wrigleyville is another popular district of Lakeview that surrounds Wrigley Field, which is home to the Chicago Cubs.[1]


Location

The Winchester at Belmont Harbor has a unique and desirable Chicago location at the neighborhood of Lakeview. It is situated nearby trendy boutiques, theaters, nightlife, gourmet restaurants, and chic cafes. Residents of the Winchester can take advantage of all that the area has to offer.

Also nearby the Winchester at Belmont Harbor are Belmont & Diversey Harbors, the Chicago Yacht Club and Wrigley Field.

The nearby landmark of Lincoln Park has a historic background. Dating back to the 1820s when Europeans arrived in Chicago, Lincoln Park began as a forest land with stretches of grass and the occasional quicksand. The land was initially inexpensive in comparison to its neighboring areas, and land quickly began being bought up. By the 1960s a small pox hos[ital and city cemetery were located in Lincoln Park.

The area north of Chicago, including today's Lincoln Park, was eventually incorporated into the city as Lake View Township. The Township was annexed to Chicago in 1889. Up until 1903, the original Ferris Wheel was located at a small amusement park at Lincoln Park, which is now the location of a McDonald's and a high-rise residential building.

The area of Lakeview is now known for its tree-lined streets, upscale neighborhood feel, and mix of architectural styles; every type of home from wooden cottages, to 19th century single-family homes, to large mansions can be found here. Lakeview is a place in Chicago where residences range from historically significant vintage buildings to brand new construction condominiums.

The M-line subway station is less than a 15 minute walk west from the Winchester, and the shore of Lake Michigan is just three blocks to the east. Bus transportation is available within two blocks from the residence. Belmont Harbor Dog Beach is also just a short walk away, just a few blocks north on the shoreline from Lincoln Park. [2]

Construction

Winchester at Belmont Harbor is currently being built by GJB Developement who have paired with Sterling Renaissance, an established construction firm in the area. The Winchester at Belmont Harbor will be a 12-storey concrete condominium, with two sides of the building facing major roads. The center orientation of the building to the corner of the conjoining streets will create a triangular-oriented building.

Floor-to-ceiling windows allow the majority of the exterior to be made of glass, with glass-paneled balconies, and the rest exposed concrete.[3]

Layout and Features

The Winchester features two and three bedroom homes. Penthouse units have three bedrooms with an additional den or office space, and large terraces. All other units have outdoor spaces with balconies.

Floor-to-ceiling windows in each of the units maximizes the views of the surrounding Lake Michigan and City of Chicago.

The building will have two high-speed elevators to service the 12 floors and will be high-speed internet ready. There will be a storage space for every unit.

Also found in each residence will be individually controlled HVAC systems, oak hardwood flooring, recessed lighting and in-suite laundry.

Bathrooms are designed with marble floors, tubs, and counters with undermount sinks and wood vanities. High-end Grohe fixtures will be utilized, as well as frame-less glass shower doors and full height mirrors for a modern appeal.

High-end, gourmet kitchens at the Winchester will include 42" kitchen cabinets with non-slamming doors, thick granite counter tops with under-mount sinks, Grohe faucets with industrial pull-out nozzle, and Viking appliances.[4]

Floor Plans

12 floor plans are available. Here is a brief selection.


Amenities

Amenities at the Winchester at Belmont Harbor will include:

  • Fitness center
  • Storage for all units
  • Indoor bike storage
  • 24 Hour doorman
  • Indoor heated garage parking
  • 2,500 square foot common landscaped terrace


Bylaws

Winchester at Belmont Harbor Bylaws


There are no bylaws in place at the Winchester at Belmont Harbor until construction is complete, and ownership commences.

Sustainability

Sustainable living at the Winchester is found in their plans for installing energy efficient thermal pane windows, individually controlled HVAC systems in each unit, and energy-star rated appliances. Each unit will have in-suite laundry.

The close proximity to landmarks, restaurants, cafes, and entertainment will allow the residents to be within a quick walk to all the necessities of every day living. Car-free travel will be utilized with the close proximity to bus stops and the M-line subway.

Trivia

Talk has exploded over the recent past while the construction of the Winchester has been underway. Apparently the developer of the project, George Bahramis, had recently gone into foreclosure with another one of his developments before starting with Winchester.

This said development includes two neighboring small Lakeview apartment buildings, now facing a $1.4-million foreclosure lawsuit.

Fifth Third Bank is suing the real estate developer for failure to pay off the loan on the said project.

Now working on the Winchester development, it has been said that the developer never even applied for a building permit, although Koenig & Strey - the Realtor involved in the project - still insist that the building is still coming in summer 2013.

There is a pending - alleged - foreclosure on Winchester at Belmont Harbor, which apparently began back in 2009.[5]


References

  1. The Winchester Chicago
  2. Wikipedia
  3. Closing Cash Realty
  4. The Winchester Chicago
  5. Yo Chicago


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