Rebranded as The Banc, redevelopers of the nine-story limestone tower at 5231 Hohman Ave. expect to open the luxury apartments in September. The historic bank building will welcome its first residents this fall.
“This significant undertaking blends the charm of Hammond's architectural heritage with the comforts of modern living,” said Alan Schachtman, one of The Banc’s developers. “As outlined in the downtown master plan revitalization playbook created by Jeff Speck, the restoration of the Bank Calumet building has breathed new life into a cornerstone of downtown that holds a special place in the community's history, while also setting a new standard for luxury apartments in the area.” The building owners say they have led more than 70 building tours so far.
"We are thrilled with the enthusiastic response from the community," said Anastacia Fratto, another of the The Banc’s developers. "The completion of the Hohman Avenue streetscape improvements has been a tremendous asset, creating a more vibrant and pedestrian-friendly neighborhood that complements the modern living experience we offer at The Banc." Former offices in the century-old, 112-foot tall building have been converted into studio, one-bedroom and two-bedroom apartments.
Each apartment has its own washer and dryer. Amenities include a co-working space, a gym and a pet spa. The Bank Calumet tower was constructed by immigrant craftsmen in 1924 at a time when downtown Hammond bustled with department stores,.