Roanoke Building

Coordinates: 41°52′53.7″N 87°37′56.4″W / 41.881583°N 87.632333°W / 41.881583; -87.632333
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"Lumber Exchange Building (Chicago)" redirects here. For other uses, see Lumber Exchange Building (disambiguation).

Lumber Exchange Building and Tower Addition
Chicago Landmark
Holabird & Roche
Architectural stylePortuguese Gothic Revival
NRHP reference No.07001238[1]
Significant dates
Added to NRHPDecember 6, 2007
Designated CLDecember 12, 2007

11 South LaSalle Street Building or Eleven South LaSalle Street Building (formerly Roanoke Building and Tower and originally Lumber Exchange Building and Tower Addition or simply the Roanoke Building and Lumber Exchange Building) is a

One North LaSalle Building. The building sits on a site of a former Roanoke building (once known as Major Block 2) that once served as a National Weather Service Weather Forecast official climate site and replaced Major Block 1 after the Great Chicago Fire
. The current building has incorporated the frontage of other buildings east of the original site of Major Block 1.

The building was listed on the National Register of Historic Places (under the name Lumber Exchange Building and Tower Addition) on December 6, 2007,

Residence Inn
in 2015.

Original Roanoke Building

A four-story Major Block 1 building, designed by T. V. Widskier, sat on this location until the Great Chicago Fire. After the fire, this was replaced with the Major Block 2, which eventually became known as the Roanoke Building. Major Block 2 stood from 1872 to 1912 as a seven-story building on spread foundations. It was designed by Dixon & Hamilton and had a length of 136 feet (41.5 m) along South LaSalle Street and a width of 66 feet (20.1 m) along West Madison Street. A commonly published illustration of this building shows it as a five-story building.[4] From June 8, 1873, to January 1, 1887, the original Roanoke building served as the Chicago location for the National Weather Service Weather Forecast official climate site.[5] The building is mentioned in Saul Bellow's More Die of Heartbreak but there it is referred to as a wealthy residence building and not as an office building.[6]

Current Roanoke Building

The original current building

Roanoke Building (dark) in front of One North LaSalle (light grey) on right from South on LaSalle Street

The current building was designed in three phases: in 1915

Palladian entrance uses contrasting white varigated and black marble.[8]

Tower addition

In 1925,

postmodern renovation in 1984 to evoke the original ornamentation.[7] The building has the same frontage as the original Roanoke building plus that of the former Farewell Hall (built by William W. Boyington at 131-3 West Madison Street).[4]

From 1920 until 1969 the building hosted the offices of the law firm

Sidley & Austin.[15] Today the building is leased by small service industry firms, such as second-floor tenant Thomas P. Gohagan & Co., which arranges travel trips and tours for non-profit organizations.[10]

The building is undergoing renovation to the lobby, the façade, the elevators and the exterior lighting.[10] The recent National Register listing has made the renovation feasible by making the building eligible for federal tax credits and reduced property taxes.[16] The building qualified for the landmark Class L tax status,[17] which makes it eligible for twelve years of reduced property taxes and other economic incentives for repair and rehab of historic buildings[18] In order to perform the renovation the owners took out a $43.3 million loan against the property according to Form 8-K filings with the U.S. Securities and Exchange Commission.[19] Its National Registered Historic Places announcement listed it under the name "Lumber Exchange Building and Tower Addition" although its Chicago Landmark listing is under the name "Roanoke Building and Tower."[1]

2015 Remodel

In October 2006, Michael Reschke bought the Roanoke building and he refinanced it in 2007.

Residence Inn in the world with 380 rooms and 7500 square feet of meeting space after $136 million in renovations over two years.[26] On November 10, 2015, Residence Inn celebrated its 40th anniversary during the 100th year of the building's existence at this location, which was its 700th location.[27]

References

  1. ^ a b c "National Register Information System". National Register of Historic Places. National Park Service. July 9, 2010.
  2. ^ "Weekly List of Actions Taken on Properties 12/03/07 through 12/07/07", National Register of Historic Places, National Park Service. Retrieved May 18, 2008. Archived October 25, 2012, at the Wayback Machine
  3. ^ a b "Designation sensation: Council landmarks five buildings, two districts" (Press release). December 12, 2007. Archived from the original on May 18, 2011. Retrieved March 31, 2008. At 11 S. LaSalle St., the Roanoke Building and Tower was designed in stages between 1915 and 1925 by architects Holabird & Roche and Andrew Rebori. The building's terra cotta ornamentation is derived from unusual Portuguese Gothic precedents.
  4. ^
    ISBN 9780252024160. Archived from the original on October 12, 2013. Retrieved April 1, 2008.{{cite book}}: CS1 maint: multiple names: authors list (link
    )
  5. ^ "History of the Chicago and Rockford weather observation sites". NOAA's National Weather Service. Retrieved March 31, 2008.
  6. ^ for instance page 191 Dell Publishing 1988
  7. ^
    ISBN 978-0-15-602908-7
    .
  8. ^
    ISBN 978-0-9667259-0-2
    .
  9. ^ Emporis.com cites the year as 1927 and other sources note 1926.
  10. ^ a b c Kelly, Gina (December 11, 2007). "Gohagan & Co. Sign for 15,500 SF at Roanoke". Cityfeet.com. Archived from the original on February 14, 2011. Retrieved April 1, 2008.
  11. Emporis.com. Archived from the original
    on May 5, 2007. Retrieved March 31, 2008.
  12. ^ Meneely Bell Company ledger, p.101
  13. ^ Manor, Robert (March 1, 2008). "Timeworn gem gets a polish". Chicago Tribune. Archived from the original on May 11, 2008. Retrieved April 1, 2008.
  14. ^ Gallun, Alby (August 2, 2007). "Panel approves landmark status for Roanoke Building". Crain's ChicagoBusiness. Crain Communications, Inc. Retrieved February 16, 2011.
  15. Chicago Historical Society. Archived
    from the original on June 26, 2012. Retrieved March 31, 2008.
  16. Crain Communications, Inc.
    Retrieved February 16, 2011.
  17. ^ "untitled" (PDF). Chicago City Clerk. November 13, 2007. Archived from the original (PDF) on September 10, 2008. Retrieved May 27, 2008.
  18. ^ "The Commission on Chicago Landmarks designation process and criteria; how landmarking and its tax incentives could affect you, and the differences from National Registry". Hyde Park-Kenwood Community Conference. Archived from the original on April 17, 2011. Retrieved May 27, 2008.
  19. ^ "KBS Real Estate Investment Trust/Inc · 8-K · For 8/7/07". SEC Info. Fran Finnegan & Company. August 13, 2007. Archived from the original on March 24, 2012. Retrieved May 28, 2008.
  20. ^ Baeb, Eddie (August 10, 2007). "Reschke refinances Roanoke Building ahead of renovation". Crain's Chicago Business. Retrieved October 4, 2018.
  21. ^ Baeb, Eddie (May 13, 2009). "Reschke planning another LaSalle St. hotel". Crain's Chicago Business. Retrieved October 4, 2018.
  22. ^ Ori, Ryan (April 11, 2012). "Delinquent loan sold on Reschke-controlled building". Crain's Chicago Business. Retrieved October 4, 2018.
  23. ^ Ori, Ryan (May 9, 2012). "Reschke venture faces $50 million foreclosure suit on 11 S. LaSalle". Crain's Chicago Business. Retrieved October 4, 2018.
  24. ^ Gallun, Alby (January 14, 2014). "Big Loop hotel conversion lands construction loan". Crain's Chicago Business. Retrieved October 4, 2018.
  25. DNAInfo. Archived from the original
    on October 4, 2018. Retrieved October 4, 2018.
  26. ^ "Putting a little Ritz in a Residence Inn". Crain's Chicago Business. September 22, 2015. Retrieved October 4, 2018.
  27. ^ Neamt, Ioana (November 10, 2015). "Largest Residence Inn Hotel Hits Chicago Loop: Residence Inn by Marriott celebrated its 40th anniversary in style, with the opening of its 700th and largest hotel". Commercial Property Executive. Retrieved October 4, 2018.

External links

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