Solstice on the Park explained

Solstice on the Park
Building Type:Residential
Address:1616 E 56th St, Chicago, IL 60637
Location City:Chicago
Location Country:United States
Architect:Jeanne Gang

Solstice on the Park is a residential building in Chicago designed by architect Jeanne Gang and completed in 2018 in the Hyde Park Community area.

Development

The building was originally designed in 2006 as condominium building, but economic conditions stalled construction.[1] [2] Revised plans for the building were approved in early 2016.[3] Later that year, the developer announced construction would begin before 2017, and that tenants could begin living in the building as early as 2018.[4] Work began in October.[5] The building is designed to provide maximum natural light.[6]

Financing was provided by Arkansas-based lender Bank of the Ozarks.[7]

References

41.7939°N -87.5859°W

Notes and References

  1. Web site: The Sun Is Rising Again on Studio Gang's Solstice on the Park. 13 February 2015. Curbed. 12 September 2018.
  2. Web site: Made with the shade: A striking Jeanne Gang tower elevates its lakefront setting in Hyde Park. Kamin. Blair. 24 July 2018. Chicago Tribune. 12 September 2018.
  3. Web site: Jeanne Gang-Designed Apartments for Hyde Park Get OK from the City. Cholke. Sam. 19 February 2016. dnainfo. 13 September 2018.
  4. Web site: Jeanne Gang Explains Why She Changed The Solstice On The Park Design. Cholke. Sam. 13 September 2016. dnainfo. 13 September 2018.
  5. Web site: Work underway on Hyde Park’s long-planned Solstice tower. Koziarz. Jay. 20 October 2016. Curbed. 13 September 2018.
  6. Web site: Inside Jeanne Gang’s Solstice on the Park. Koziarz. Jay. 17 September 2018. Curbed. 17 September 2018.
  7. Web site: Bank of the Ozarks strikes in Hyde Park. Gallun. Alby. 21 June 2017. Crain's Chicago Business. 12 September 2018.