What price saving the Rosenwald? $100 million?

Natalie Moore of Chicago Public Radio is reporting that plans for rescuing the historic Rosenwald Apartments on 47th, commissioned by 3rd ward alderman Pat Dowell from the Urban Land Institute, call for a mix of residential and retail, with an optimum price tag of $100,000,000, and a scaled down version, price unrevealed. Dowell told Moore that a scattering of interest from developers has yet to evolve into any concrete plans.

Read our 2009 piece on the 447 unit complex, once an urban showcase, but boarded up and vacant for years, here.