Tenants of historic Prospect Park building reflect on leaving with uncertainty, optimism
Art Business

Tenants of historic Prospect Park building reflect on leaving with uncertainty, optimism

Vermilion Development has plans to redesign the Art and Architecture Building, which may displace residents after construction. T-Rex Cookie Owner Tina Rexing takes a fresh tray of cookies off the cooling rack on Saturday, June 9. The arts and architecture building that T-Rex Cookie operates in will be replaced by new apartments and retail space in 2018. Tina Rexing, owner of T-Rex Cookie, understands being a small business owner comes with challenges. Rexing’s latest challenge is securing the future of her business after redevelopment of the Art and Architecture building in Prospect Park. Vermilion Development, a Chicago-based real estate developer, has plans to redesign the building and adjacent businesses into condominiums, apartments and retail space. The development, approved by the Prospect Park Association’s project task force and is awaiting approval from PPA’s land use committee on June 12, has caused uncertainty among tenants about whether they will still have a space when construction is finished. The next step for T-Rex Cookie T-Rex Cookie occupies the first floor of the Art and Architecture Building. Rexing, who has been in the building for two years, said she was taken aback when she first heard she would need to move this upcoming […]

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