Extra Credit: ULI Breakfast Meeting - Historic Building Rehabs
Wednesday, May 22, 2013 from 7:45 AM to 9:15 AM (CDT)
1 Event Credit
Student Member $15
Student Non-member (full-time) $25
Location: Union League Club of Chicago, 65 W Jackson Blvd, Chicago, IL
As real estate needs continue to evolve, many historic buildings in Chicago will be redeveloped into new uses. Learn from a panel of experts that have recently re-developed historic properties including the Wrigley Building and Sullivan Center. We will discuss various components of these deals, including:
- Entitlements/Predevelopment – How is this process different for existing historic buildings compared to non-historic ones? Did working with the city and government agencies proceed as expected?
- Construction – Did the construction process go as expected or was it more challenging?
- Financing – Were there any special financing strategies or tax credits utilized to make the transaction feasible?
- Leasing – How did you incorporate new building standards into an historic building to meet the requirements of a tenant in today’s market?
We will discuss lessons learned from each of these developments and highlight both the opportunities and the challenges of historic building rehabs.
Timothy Frens, Partner, Plante & Moran, PLLC
Paul Fitzpatrick, Senior Vice President of Development, Joseph Freed & Associates, LLC
Ari Glass, Senior Vice President, Zeller Realty Corporation
Jason Koehn, Chief Investment Officer, Village Green
Register here: http://chicago.uli.org/event/historic-building-rehabs-opportunities-challenges-and-lessons-learned/. For more information visit http://chicago.uli.org/
When & Where
Urban Land Institute of Chicago
As one of the oldest district councils in the country with more than 1,000 members, ULI Chicago is the preeminent multidisciplinary real estate forum and is in a unique position to convene industry leaders and policy makers to provide leadership in the region for wise land use planning, long-term investment and sustainable development. ULI Chicago brings leaders together to address, and build consensus around solutions to, land use challenges. We also provide a vibrant forum for professional growth and development. http://chicago.uli.org/