Park Plaza: 4500 Roland Ave.
I will not be this 46-unit building’s target audience for decades, because at 76 percent, the Park Plaza has the highest rate of over-65 tax exemption filers in the city.
I called the Park Plaza a cannibal because I’ve been told there was an older building on the site that was stripped to the steel skeleton and reconstructed into the Park Plaza. The story goes this was the only way to keep the height and footprint of the original building as Highland Park building codes had changed. The logic is much like some communities that classify a “renovation” as leaving at least one original wall versus a “complete” new-build – it’s done to avoid zoning changes or the potential cost, permitting and taxation differences.