Landmark building might store urns

November 9, 2009 (CHICAGO) The Three Arts Club, 1300 N. Dearborn St., was built in 1914 and served as a residence for young women studying music, painting and drama.

The building sold in 2003 for $13 million. Previous plans called for it to become a club and hotel. Now, The Chicago Tribune reports, a developer is proposing to turn the building into a storage facility for the ashes of up to 15,000 people.

Each space in the mausoleum would sell for between $1,000 and $10,000.

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