By Dan Haley
When last we heard of Alex Troyanovsky (aka The Russian) he had returned to Mother Russia, his notable condo developments in Oak Park either built or mired in foreclosure. But now with the development economy finally turning a bit, Troyanovsky is back, this time working a deal in the Ukrainian Village neighborhood of the city.
That according to DNAinfo Chicago which reported this summer that Troyanovsky purchased the long vacant and recently landmarked St. John's Lutheran Church at Walton and Hoyne in the city neighborhood. As was his typical modus operandi, The Russian – yes, it was the Journal that made that nickname stick – was travelling out of the country and could not comment. But his crew of architects, lawyers and advisers have been working the neighborhood groups and the local pols looking for some zoning relief to allow just a titcsh more density than allowed by code and something about access to the planned underground parking.
Troyanovsky was the go-to developer in Oak Park during the years leading to the burst bubble. He was named Villager of the Year by the Journal in 2004. His most successful project was the Opera Club/Marion Street Cheese Market at Marion and South. But a string of failed projects lingered including a major high-rise near Lake and Marion, a redevelopment of Oak Park and South Blvd., condos at Madison and Grove and, in Forest Park, the remaking of an old industrial building at Circle and Harrison. That building, the so-called Roos Cedar Chest building, is being demolished as we speak after being purchased out of foreclosure by the local park district.
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