Lucien Lagrange will retire

07/15/2010 2:42 PM

By Micah Maidenberg
Editor

1 Comment - Add Your Comment


A rendering of XO.

Crain's is reporting that Lucien Lagrange's architecture firm will file for Chapter 11 bankruptcy as Langrange himself retires after a long career in Chicago:

One of the city’s most active designers for more than two decades, Mr. Lagrange, 69, says the firm filed for Chapter 11 protection from creditors Wednesday as a way to wind up its affairs and prevent him with being saddled with company debts after he stops working.
The bankruptcy petition is another reminder of how the dramatic downturn in development, particularly condominium towers, has hurt the design industry, which has suffered from layoffs.

While many Lagrange-designed buildings are located on the North Side, South Loop residents became familiar with Lagrange's style during the XO debate several years ago.
The XO project was hit by a foreclosure suit last fall, and hasn't gotten off the ground.

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By Legacy of XO
Posted: 07/16/2010 9:08 AM

Larange sued Giles and his development team for breach of contract after being stiffed on XO. Its a shame when a talented guy like him is forced into retirement and Giles will just walk away and look for a new development.