Located at the corner of Wabash Avenue and Roosevelt Road, 1147 S Wabash was designed by David Saul Klafter and originally opened in 1928 as the Union Bus Depot. The building was the city’s main bus station until 1953 when Greyhound moved to the corner of Clark and Lake streets. After a long period, the building fell into disrepair. Friedman
Properties worked closely with City of Chicago to save the building and transform it into an anchor of the booming South Loop corridor. The building’s distinctive features have been carefully preserved, including the original terra cotta façade and graceful classical ornamentation. Friedman Properties also retained the grand staircase between the cellar and first floor as well as much of the original granite and marble flooring. The building is now home to Trader Joe’s, Grasshopper Club, and office and medical users. The immediate area enjoys excellent access to public transportation and tremendous residential density.