The Russian. He's back

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By Dan Haley

Editor and Publisher

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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Reader Comments

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Tom MacMillan from Oak Park  

Posted: April 9th, 2016 12:53 AM

He's back

Julie from Oak Park  

Posted: August 9th, 2013 12:02 PM

Paid his debt? HA! Highly doubt 5-unit townhome in OP was built by him and he ran off without turning over the association....about 5K (nothing in comparison to what he owes to banks based on research I did).

John from Oak park  

Posted: August 8th, 2013 2:39 PM

So he has paid all his previous debts? If not, how does he get new funding?

Ed McDevitt from River Forest  

Posted: August 6th, 2013 8:39 PM

Just had a horrifying vision: a Kleronomos-Troyanovsky partnership. Oy. I am seeking exorcism.

Tom Scharre  

Posted: August 6th, 2013 7:05 PM

In fairness, he was merely selling the monorail. The Village is responsible for buying it.

Sharon Daly from Forest Park  

Posted: August 6th, 2013 6:28 PM

Let's be grateful (thank the lord!) he's leaving our fair villages for the big city.

Why am I not surprised from Oak park   

Posted: August 6th, 2013 6:17 PM

I can only hope that future buyers will read this and run far, far away from this development. Shame on him for not following through in op and then having the audacity to return to this area. He left so many people holding the bag.

kevin from oak park  

Posted: August 6th, 2013 5:55 PM

Opera Club "successful"? The monstrosity overwhelms the corner and the architectural details are falling off. The Village never should have approved the huge list of zoning variances requested for this project.


Posted: August 6th, 2013 3:36 PM

Don't bother him! Can't you see he's on a very important phone call?!?! Vandelay Industries, Alex speaking...

Long Memory from Oak Park  

Posted: August 6th, 2013 1:52 PM

Oh, he's the one that shunted Val's to Harrison and Thyme & Honey to Forest Park, leaving us with five years and counting of empty storefronts. You bring the tar, I'll bring the feathers.

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