CHICAGO | One South Halsted | 495 FT | 44 FLOORS
One South Halsted foundation permit filed Friday 1/27/17
http://wp.me/p7uLxw-259 https://buildingupchicagodotcom.file...g?w=768&h=1160 Image via FitzGerald Associates Architects |
daniel, thanks for starting this thread.
where's the 472' height figure from? i thought this one was most recently pegged at 495', no? |
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Rookies, man
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One step closer to canyonizing I90! I'm looking forward to this badboy going up, biggest one yet in Greektown
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you'd have to travel west to st. louis, des moines, or minneapolis to find a taller building. |
Photo from Twitter user @henjealy, at Madison and Halsted. Is it starting already?!
https://c1.staticflickr.com/1/575/31...a46926d5_c.jpg |
^
:tup::tup::tup: |
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I would still assume this is a very good sign. But no bannanas till the drills drop.
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(Oakbrook Terrace Tower: 418ft. Long ago surpassed by Skybridge, but these days it's even more clear the burbs are fading.) |
^^ Right On!
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Narrowing that intersection is going to make that area suck way more around rush hour. Glad i dont to through there much anymore. Happy to see this one being built though. Now that Walgreens lot is just screaming for something....
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and with the foundation permit in hand, if they've got the financing, why wouldn't they? |
They are just constructing a sidewalk cover in the street for the hell of it. Obviously not ramping up to build a skyscraper.
Temporary street coverings and the permits to close traffic lanes and sidewalks aren't cheap. They aren't going to do stuff like this unless they are planning on moving quickly. They will probably wait to close the lot until the day the equipment shows up since it's probably already a logistical nightmare for the hotel to be without this lot for 2+ years. |
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Looks like someone's planning to be there for awhile.
https://pbs.twimg.com/media/C3lmiWyWEAAMu8t.jpg https://pbs.twimg.com/media/C3lmiWxWYAAMduc.jpg |
they should probably go ahead and remove the cars before starting construction
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https://pbs.twimg.com/media/C3o95y7WAAEqnoI.jpg |
Yep - looks like some cones and vehicles blocking parking area off.
Game on |
I know developers cant touch it but, can the they do anything or pay the city to clean up and develop, more trees and bushes on the green area along the side of the expressway ramp? I know the podium is high enough that tenants probably wont see it but that area just looks beat up. I'm sure that is probably at the bottom of the priority list for the city so thats why I ask.
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I'm sure that it will at least be cleaned up by the City in the spring. Of course, that greenery might be torn out anyway, so we shall see. |
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Does this qualify as site prep yet?
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Permit and $$
What more does a God-fearin skyscraper lover need? |
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I guess I was wrong about this getting started soon. I also thought Wolf Point West would be the next start. In this case, I don't mind being wrong. |
Does tree demolition count? Because that is some Quality tree demolition right there.
https://pbs.twimg.com/media/C3v6z_BXAAAs5uC.jpg https://pbs.twimg.com/media/C3v60eDXUAAA3FU.jpg |
😂 Glad you are perched right above the site
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https://c1.staticflickr.com/1/292/31...926e2ba6_c.jpg |
It's alive....It's Alive!!!!!. How long does parking lot demo usually take? Longer with electric running underneath im sure. But didn't mich/roosevelt only take about week or little more. Fingers crossed drills drop by the end of the month.
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There is parking lot carnage. This sucker is real. http://wp.me/p7uLxw-2bg
https://buildingupchicagodotcom.file....jpg?w=1250&h= https://buildingupchicagodotcom.file....jpg?w=1301&h= |
In yesterday's article in Crain's about the developers landing their loan from Bank of the Ozarks, Fifield's role was discussed - they actually have no equity in the development, and to me it sounds as if they are developing the project for a fee from the actual owners, who presumably may not have been able to pull this project off as developer themselves.....
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They'll probably sell the tower after completion and cash out. http://www.chicagotribune.com/busine...202-story.html Construction begins on tallest tower west of Kennedy Expressway Corilyn Shropshire Contact Reporter Chicago Tribune Quote:
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February 3, 2017
625 W Adams, in the background, on the right hand side |
Bye-bye parking lot.
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And another Greektown parking lot bites the dust. I remember Arkadia tower being built several years ago and wondering when this lot would finally meet the same fate.
Now if we can only get Walgreens to sell their full block property... |
Solar...that presidential towers shot is amazing. Keep up the good work.
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That view of the skyline is about to be gone forever
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No idea what the actual owner will do once the project delivers.....I don't know that we have too much of a track record on F&F to suggest whether they are likely to be a long-term holder or a build and seller. If Fifield were the owner, or had a substantial ownership stake, than yes, I'd be inclined to think that if the market were right, they would look to sell. That's one major key in the end - market conditions upon delivery. A lot can change in 2-3 years. Even if it's a preferred build and sell player, when the market works against you, often if you can, you hold.... |
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