CHICAGO | Highrise Projects & Construction, v7 - Page 736

AlpacaObsessor · #**14701** Posted **May 23, 2019, 4:50 PM**

Quote:

Originally Posted by woodrow

The Addison front is pretty well leased up, but the Clark street side is dismal. Looking at their floor plan, it looks like it will be more active.

Good news is that Lucky Strike has a sister concept that’s looking to lease some of that space along Clark Street.

Quote:

Originally Posted by woodrow

That will be a small CVS.

I was thinking the same thing. If I had known there were plans to rehab it into a bar and restaurant that people have mentioned in the Wrigleyville thread, I definitely would have asked for more details. At the moment I’m just assuming it might be old info. Guess we’ll just have to wait and see.

JK47 · #**14702** Posted **May 23, 2019, 7:28 PM**

Quote:

Originally Posted by AlpacaObsessor

Good news is that Lucky Strike has a sister concept that’s looking to lease some of that space along Clark Street.

So either the FTW or the LIVE format. Either could work but the LIVE format might be more interesting.

SamInTheLoop · #**14703** Posted **May 23, 2019, 11:20 PM**

Quote:

Originally Posted by AlpacaObsessor

Wasn't Roszak forced to file for personal bankruptcy during the last downturn? Not to mention his businesses were forced to liquidate as well. Just guessing here but maybe that experience is a factor as to why their projects have been super conservative since then. Either way, I really wish some other developer had gotten their hands on this property and given us something actually noteworthy.

Oh yeah, that does ring a bell re Roszack...had forgotten about that.....would seem to be a possibility.

ardecila · #**14704** Posted **May 24, 2019, 10:41 PM**

Quote:

Originally Posted by AlpacaObsessor

Lastly, I got the chance to hear John Bucksbaum talk about his projects (Addison & Clark, New City, IMD Gateway). The guy has a huge hard-on for developing retail property and has spent most of it doing so in suburban settings (he notably spent 10 years as CEO of GGP which was the largest owner of suburban shopping centers before being bought out by Brookfield). His real passion is retail and the only reason he got in the business of mixed-use was because he recognized that that's the only setting it really has a future in. Just hearing him talk made it sound pretty obvious as to how New City and Clark & Addison ended up so 'suburban' as they did. Anyways, Clark & Addison seems to have gotten a pretty slow start to leasing (60% so far) and a surprising amount of them are actually bringing their cars with them since the parking spots have been going like hotcakes. Also this may be dated information, but Bucksbaum was under the impression that a CVS was to replace that auto body shop being torn down next to his building. Apparently, there were once plans for them to go in the space that Harley Davidson currently occupies but it didn't happen (because Harley Davidson is admittedly a cooler sounding tenant).

Did Bucksbaum mention any tenants for IMD Gateway? Or were there any tenants visible on the presentation boards?

I've been selfishly looking forward to more retail options further west so I don't have to keep going to Roosevelt/Canal.

harryc · #**14705** Posted **May 24, 2019, 11:22 PM**

May 22

Chicago | 353 W Grand by Harry Carmichael, on Flickr

harryc · #**14706** Posted **May 24, 2019, 11:30 PM**

May 22

Chicago | 360 Erie by Harry Carmichael, on Flickr

harryc · #**14707** Posted **May 24, 2019, 11:41 PM**

May 22

Chicago | Superior House by Harry Carmichael, on Flickr

PittsburghPA · #**14708** Posted **May 25, 2019, 3:49 PM**

Various West Loop fun from 5/24

HowardL · #**14709** Posted **May 25, 2019, 6:02 PM**

It blows my mind how much that edge of town has changed/is changing.

Every time I see pictures like this, I remember the NeoCon Guerrilla Trunk Shows.

Such a transformation (for the better).

AlpacaObsessor · #**14710** Posted **May 25, 2019, 6:34 PM**

Quote:

Originally Posted by ardecila

Did Bucksbaum mention any tenants for IMD Gateway? Or were there any tenants visible on the presentation boards?

I've been selfishly looking forward to more retail options further west so I don't have to keep going to Roosevelt/Canal.

Most of the conversation was centered around the Wrigley Field Development so we didn't hear much about the IMD development. This is the only marketing material that was up for the project (sorry for the potato quality), but I'm pretty sure these renderings have been out for a while.

Funnily enough though, Bucksbaum did mention that although the master plan for the area was mainly concerned with providing services for the Medical District he saw a lot of opportunity in the Tri-Taylor neighborhood as well.

AlpacaObsessor · #**14711** Posted **May 25, 2019, 6:43 PM**

Also if anybody's interested in a tour of those Addison & Clark Apartments, I just found out about this event through a friend of mine.

Link: https://chicagorec.org/june-2019

marothisu · #**14712** Posted **May 25, 2019, 8:02 PM**

New medical center building for Rush in the IMD was issued a construction permit for the foundation yesterday on the NE corner of Harrison & Ashland - 10 stories - but I'm guessing it will end up counting as a high rise?

lakeshoredrive · #**14713** Posted **May 25, 2019, 8:27 PM**

Quote:

Originally Posted by ardecila

Did Bucksbaum mention any tenants for IMD Gateway? Or were there any tenants visible on the presentation boards?

I've been selfishly looking forward to more retail options further west so I don't have to keep going to Roosevelt/Canal.

I walk by this site often and I was wondering when the first phase will be open. I hope some good restaurants and stores will open soon.

glowrock · #**14714** Posted **May 26, 2019, 2:01 AM**

Quote:

Originally Posted by ardecila

Did Bucksbaum mention any tenants for IMD Gateway? Or were there any tenants visible on the presentation boards?

I've been selfishly looking forward to more retail options further west so I don't have to keep going to Roosevelt/Canal.

Stop by the Binny's right over there one of these days and say hi!

(Yeah, this former oilfield geologist/petrophysicist is now working at Binny's. Heh)

Aaron (Glowrock)

maru2501 · #**14715** Posted **May 26, 2019, 3:06 PM**

that Office Depot on Grand makes my face hurt

jc5680 · #**14716** Posted **May 26, 2019, 3:13 PM**

For those that were bemoaning the flat details on Gr333n a while back - it looks like there is still a lot of texture coming…

215 just about into site prep; fenced off & shipping containers on site

BonoboZill4 · #**14717** Posted **May 26, 2019, 5:58 PM**

^ Now that's a damn ambitious timeline there... Good to see

harryc · #**14718** Posted **May 27, 2019, 1:37 AM**

May 20

Chicago | 170 N Halsted / 167 N Green by Harry Carmichael, on Flickr

Skyguy_7 · #**14719** Posted **May 27, 2019, 1:25 PM**

Quote:

Originally Posted by jc5680

For those that were bemoaning the flat details on Gr333n a while back - it looks like there is still a lot of texture coming…

That is great to see. We should have known it was not the finished product with the SS brackets visible. It appears there will be 8 levels of those black bands.

harryc · #**14720** Posted **May 27, 2019, 2:56 PM**

Chicago | Old Town Park by Harry Carmichael, on Flickr