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  #43581  
Old Posted Nov 30, 2018, 3:06 PM
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Suburban Shadow Suburban Shadow is offline
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300 W. Division

$9,000,000 permit issued 11/29 for 7 STORY, I-B, 89 DU Apartment Building

Is this the Sammy's Red Hots location?

Anybody know of a render? This one seems to have flown under the radar
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  #43582  
Old Posted Nov 30, 2018, 3:08 PM
the urban politician the urban politician is offline
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Originally Posted by Suburban Shadow View Post
$9,000,000 permit issued 11/29 for 7 STORY, I-B, 89 DU Apartment Building

Is this the Sammy's Red Hots location?

Anybody know of a render? This one seems to have flown under the radar
Nothin says lovin like a project that flew in under the radar....
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  #43583  
Old Posted Nov 30, 2018, 5:43 PM
west-town-brad west-town-brad is offline
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Quote:
Originally Posted by Suburban Shadow View Post
$9,000,000 permit issued 11/29 for 7 STORY, I-B, 89 DU Apartment Building

Is this the Sammy's Red Hots location?

Anybody know of a render? This one seems to have flown under the radar
red. hot.

https://www.loopnet.com/Listing/1773...St-Chicago-IL/
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  #43584  
Old Posted Nov 30, 2018, 6:09 PM
the urban politician the urban politician is offline
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^ Loopnet describes it as a "perfect place for a drive-thru franchise". Bunch of suburban minded dipwads. Luckily the owners are doing something far more fitting for the site.
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  #43585  
Old Posted Nov 30, 2018, 6:21 PM
SDJackson SDJackson is offline
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Quote:
Originally Posted by Suburban Shadow View Post
$9,000,000 permit issued 11/29 for 7 STORY, I-B, 89 DU Apartment Building

Is this the Sammy's Red Hots location?

Anybody know of a render? This one seems to have flown under the radar
Maybe I don't know how the $ are accounted for on the building permit, but at $101K per unit, that's a cheap building..even without land costs!
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  #43586  
Old Posted Nov 30, 2018, 6:39 PM
the urban politician the urban politician is offline
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^ Dollar values listed on permits do not equate with actual construction costs.
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  #43587  
Old Posted Nov 30, 2018, 9:55 PM
Barrelfish Barrelfish is offline
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Originally Posted by the urban politician View Post
^ Loopnet describes it as a "perfect place for a drive-thru franchise". Bunch of suburban minded dipwads. Luckily the owners are doing something far more fitting for the site.
Maybe their descriptions assumes no major demolition/construction? But yes, agree that it will be good to see this developed. As long as the gyros place a couple blocks down division is still there to provide 2am cheeseburgers.
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  #43588  
Old Posted Nov 30, 2018, 9:59 PM
Barrelfish Barrelfish is offline
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City is proposing to end some TIFs early. Any thoughts from this group? Some are noted as having finished their goals early, but others seemed to have failed or died out. The 5 are:
  • Read Dunning
  • Ravenswood
  • Calumet/Cermak
  • Weed/Fremont
  • Drexel Boulevard


(Mods, sorry if this is the wrong thread - feel free to move)
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  #43589  
Old Posted Nov 30, 2018, 10:47 PM
marothisu marothisu is offline
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Originally Posted by the urban politician View Post
Nothin says lovin like a project that flew in under the radar....
I posted about it this summer or early fall. The Real Deal had a story on it. For some reason, the address is 300 but it's actually 236-238

It's nice to see things like this though starting because most people had no idea it was coming.
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  #43590  
Old Posted Nov 30, 2018, 11:09 PM
Rizzo Rizzo is offline
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^ Loopnet describes it as a "perfect place for a drive-thru franchise". Bunch of suburban minded dipwads. Luckily the owners are doing something far more fitting for the site.
Over the last couple years I’ve seen that driveway and lot with less cabs. Wonder if the owner was jacking up rent on the restaurant and the business stopped making sense. Seemed like a lot customer traffic was cabbies and it wasnt like I was seeing Uber’s and Lyfts parked around the place
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  #43591  
Old Posted Dec 1, 2018, 5:06 PM
tjp tjp is offline
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Exciting news! Double Door is reopening in Uptown at Broadway and Wilson:

https://www.uptownupdate.com/2018/12...m-iwJoInhXsLQY
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  #43592  
Old Posted Dec 1, 2018, 5:39 PM
marothisu marothisu is offline
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Exciting news! Double Door is reopening in Uptown at Broadway and Wilson:

https://www.uptownupdate.com/2018/12...m-iwJoInhXsLQY
That's awesome news for both the city and Uptown. Uptown entertainment will be even better with this and then the upcoming Uptown Theatre renovation and re-opening.
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  #43593  
Old Posted Dec 1, 2018, 6:05 PM
the urban politician the urban politician is offline
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Damn! There was a fairly cheap 6 flat for sale in Uptown a few months ago and I passed it up
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  #43594  
Old Posted Dec 1, 2018, 6:09 PM
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Quote:
Originally Posted by Barrelfish View Post
City is proposing to end some TIFs early. Any thoughts from this group? Some are noted as having finished their goals early, but others seemed to have failed or died out. The 5 are:
  • Read Dunning
  • Ravenswood
  • Calumet/Cermak
  • Weed/Fremont
  • Drexel Boulevard

(Mods, sorry if this is the wrong thread - feel free to move)
This is pretty development-related, I'd argue it should stay.

Especially because it seems like a sacrificial lamb that Rahm is offering up to appease TIF critics, in order to get his desired new TIFs at Lincoln Yards, The 78 and Michael Reese site.

Of course, it will please nobody since it will return less than $20M to the general funds of CPS, City of Chicago, Park District, MWRD etc. A drop in the bucket for any of those agencies.
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  #43595  
Old Posted Dec 1, 2018, 8:34 PM
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Questionable brick painting update: they appear to be doing a two tone treatment that gives the appearance of lighter gray grout lines. Still paint, but the effect is nicer.

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  #43596  
Old Posted Dec 1, 2018, 11:03 PM
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Mille - 1000 W Monroe

November 29, 2018



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  #43597  
Old Posted Dec 1, 2018, 11:04 PM
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Nobu Hotel - 854 W Randolph

November 29, 2018

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  #43598  
Old Posted Dec 3, 2018, 4:29 PM
BobbyChicago BobbyChicago is offline
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Here's a funny NIMBY story:

https://blockclubchicago.org/2018/12...ave-backfired/

Quick Summary:
  • Developer bought an apartment building near the 606. Wanted to build addition to building to create 4 more units.
  • Local community voted against proposal because they thought it would raise rents in existing units.
  • Developer was actually going to keep current units and rents the same.
  • Developer is now selling the building and people buying the building want to gut rehab the place.
  • After gut rehab, rents in existing units will go up. And community won't have a say in it because it doesn't require a zoning change.
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  #43599  
Old Posted Dec 3, 2018, 4:44 PM
west-town-brad west-town-brad is offline
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Quote:
Originally Posted by BobbyChicago View Post
Here's a funny NIMBY story:

https://blockclubchicago.org/2018/12...ave-backfired/

Quick Summary:
  • Developer bought an apartment building near the 606. Wanted to build addition to building to create 4 more units.
  • Local community voted against proposal because they thought it would raise rents in existing units.
  • Developer was actually going to keep current units and rents the same.
  • Developer is now selling the building and people buying the building want to gut rehab the place.
  • After gut rehab, rents in existing units will go up. And community won't have a say in it because it doesn't require a zoning change.
I love this story. Honestly why did the alderman defer to the "local community" in the first place? It's on him for turning his ward into luxury single family home land.
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  #43600  
Old Posted Dec 3, 2018, 5:27 PM
LouisVanDerWright LouisVanDerWright is online now
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^^^ Good, there's too much new construction right now, I was concerned my rents might start to fall. Glad that these idiots are out there preventing rents from dropping. Meanwhile I'll keep buying existing buildings that require no zoning change and adding high end gut rehabbed units...


They are well underway constructing that 17 unit luxury condo building in Avondale that was seeking zoning change to allow lower MLA (not even asking for more FAR) so they could build 33 units, 30 market rate and 3 affordable. This is the one that switched back to 17 enormous luxury condos when the ARO was expanded meaning they would need 5 affordable and 28 market rate. So we are getting 17 luxury condos starting at 500k instead of 33 apartments to compete with my rents... That ARO expansion really increased the amount of affordable housing!
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