Western Electric Co. is credited with manufacturing more than 50 percent of the radar equipment used by the U.S. during World War II. Now one of the firm’s Chicago plants is being screened for a vastly different use.
The former Western Electric complex at 400 S. Clinton St. will be transformed into Gotham Lofts, a 187-unit condominium development.
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Also known for making switchboards, police call boxes, fire alarms, telephones and telegraphs, the turn-of-the-century facility will be totally rehabbed for residential use.
Offered are one-, two- and three-bedroom units with from 670 to 1,450 square feet. Twenty-five floor plans are available.
The layouts will include curved or angled walls, a balcony or patio, and views of the city or a private landscaped courtyard. The units will offer ceilings that are 11 to 14 feet high.
Other features will include oak hardwood floors, exposed brick walls, fireplaces with gas logs, track lighting, washer/dryer hookups and secured parking.
Prices in Phase 1, now 80 percent sold, range from $111,900 to $189,000. Phase 2, scheduled to begin Jan. 1, will be priced from about $110,000 to $230,000.
Construction is scheduled to start at the beginning of 1998, with the first move-ins by the end of the year.
Fifield Realty Corp. is the developer of the gated, four-building condo complex near the southwestern edge of the Loop.
Plans call for 126 of the lofts to be built in three six- to eight-story buildings, while 62 units will be in a separate six-story structure.