CHICAGO | Highrise Projects & Construction, v7 - Page 929

LouisVanDerWright · #**18561** Posted **Apr 15, 2021, 5:27 PM**

South Tower at IMD Gateway is under construction. Some columns for the first floor are already up and the tower crane base is in place.

ardecila · #**18562** Posted **Apr 15, 2021, 6:42 PM**

^ I don't think anything's changed on that Gateway site in a few months, I think they must have stopped work.

lakeshoredrive · #**18563** Posted **Apr 15, 2021, 6:50 PM**

Quote:

Originally Posted by ardecila

^ I don't think anything's changed on that Gateway site in a few months, I think they must have stopped work.

LOL I live right by it. I see workers on site all the time. They are going full speed with the residential building and I think the hotel will follow soon.

ardecila · #**18564** Posted **Apr 16, 2021, 1:53 AM**

Really? They had the same columns formed up and tower crane base 2 months ago. I took a photo at the time but never posted it (too blurry).

Good to hear they're working though. Maybe they're working on sub-grade stuff? Or maybe they only have a foundation permit and they're waiting on the superstructure permit.

LouisVanDerWright · #**18565** Posted **Apr 16, 2021, 4:55 AM**

Quote:

Originally Posted by ardecila

Really? They had the same columns formed up and tower crane base 2 months ago. I took a photo at the time but never posted it (too blurry).

Good to hear they're working though. Maybe they're working on sub-grade stuff? Or maybe they only have a foundation permit and they're waiting on the superstructure permit.

There was a bobcat driving around spreading gravel and a bunch of vehicles parked inside the fence today. Also the core and a bunch of columns are up on the first floor.

Handro · #**18566** Posted **Apr 16, 2021, 12:39 PM**

Condo tower at 37 S. Sangamon was approved by the plan commission: https://urbanize.city/chicago/post/c...rk-37-sangamon

Really happy to see this one moving forward to create a really nice streetscape around the park there. I worked down the block up until recently and that empty lot created a really gaping hole.

Can someone help me out here, though--I've never been able to figure the milestones for buildings. After Plan Commission approval, is it usually on the City Council's next agenda, and then if approved it can get a permit to start construction? And if a zoning change is required, the zoning approval comes before plan commission approval?

the urban politician · #**18567** Posted **Apr 16, 2021, 12:54 PM**

^ Plan Commision approves zoning change, then city council signs off.

Then permits.

The 2 barriers of any project are zoning and financing.

So now all that matters is that they meet their presale requirements to lock in financing. I bet that they will. Homes and Condos seem to really be on fire right now

Interestingly, anecdotally I have a lot of tenants who want to move out to buy a home but they can’t because literally they either can’t find a home or they aren’t sure if their offer will be accepted due to how heated the market is right now. So in a sense, the lack of home inventory is keeping a logjam in place forcing people to continue renting.

marothisu · #**18568** Posted **Apr 16, 2021, 2:18 PM**

It's interesting how much density has built up around that park in West Loop. A good thing.

west-town-brad · #**18569** Posted **Apr 16, 2021, 2:35 PM**

Quote:

Originally Posted by Handro

Condo tower at 37 S. Sangamon was approved by the plan commission: https://urbanize.city/chicago/post/c...rk-37-sangamon

Really happy to see this one moving forward to create a really nice streetscape around the park there. I worked down the block up until recently and that empty lot created a really gaping hole.

Can someone help me out here, though--I've never been able to figure the milestones for buildings. After Plan Commission approval, is it usually on the City Council's next agenda, and then if approved it can get a permit to start construction? And if a zoning change is required, the zoning approval comes before plan commission approval?

great to see parking is conceded by active use space

west-town-brad · #**18570** Posted **Apr 16, 2021, 2:44 PM**

Quote:

Originally Posted by the urban politician

^ Plan Commision approves zoning change, then city council signs off.

Then permits.

The 2 barriers of any project are zoning and financing.

So now all that matters is that they meet their presale requirements to lock in financing. I bet that they will. Homes and Condos seem to really be on fire right now

Interestingly, anecdotally I have a lot of tenants who want to move out to buy a home but they can’t because literally they either can’t find a home or they aren’t sure if their offer will be accepted due to how heated the market is right now. So in a sense, the lack of home inventory is keeping a logjam in place forcing people to continue renting.

WSJ cites there is a deficit of 4 million homes in the US right now to meet current buyer demand. Buyers are going to have to consider areas they would not normally consider, keep renting, or pay more.

harryc · #**18571** Posted **Apr 16, 2021, 3:10 PM**

Quote:

Originally Posted by west-town-brad

great to see parking is conceded by active use space

It was such a nice vacant lot ...... 2018

left of center · #**18572** Posted **Apr 17, 2021, 1:27 AM**

Quote:

Originally Posted by Handro

Condo tower at 37 S. Sangamon was approved by the plan commission: https://urbanize.city/chicago/post/c...rk-37-sangamon

Really happy to see this one moving forward to create a really nice streetscape around the park there. I worked down the block up until recently and that empty lot created a really gaping hole.

Can someone help me out here, though--I've never been able to figure the milestones for buildings. After Plan Commission approval, is it usually on the City Council's next agenda, and then if approved it can get a permit to start construction? And if a zoning change is required, the zoning approval comes before plan commission approval?

I love the massing. Very art-deco-esque with its wedding cake setbacks.

Build it!

harryc · #**18573** Posted **Apr 17, 2021, 1:13 PM**

April 11

harryc · #**18574** Posted **Apr 17, 2021, 1:33 PM**

April 11

harryc · #**18575** Posted **Apr 17, 2021, 9:59 PM**

April 12

(from the Morgan CTA sta. )

Location - Location - that is Google Chicago-HQ in the foreground.

With 1043 W Fulton

April 15

note the progress on the cladding over just 3 days

the urban politician · #**18576** Posted **Apr 17, 2021, 10:23 PM**

1125 Van Buren looks fantastic. But the people with those east facing balconies are gonna get royally fucked over when a tower gets built next door. Luckily they ain’t condos or you’d have about 52 Jartas on your hands...

harryc · #**18577** Posted **Apr 18, 2021, 2:02 AM**

April 12

harryc · #**18578** Posted **Apr 18, 2021, 4:20 AM**

April 12

harryc · #**18579** Posted **Apr 18, 2021, 4:25 PM**

April 12

harryc · #**18580** Posted **Apr 18, 2021, 4:49 PM**

April 12

The drill rigs are just below the V