Posted Nov 20, 2015, 3:56 AM
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Registered User
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Join Date: Sep 2002
Location: Chicago
Posts: 10,419
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Quote:
Originally Posted by ithakas
Thanks for the great renderings, BVic.
Any news on timing for these? Chicago Architecture had the following, which makes me concerned I won't be alive to see the full thing come to fruition (which may be spoiled of me):
Also, I thought the area south of River City was Phase 1?
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This may help...
Quote:
Press Release
CMK and Lendlease unveil Riverline; a new riverfront residential experience in Chicago
November 19, 2015 For Immediate Release
(Chicago, IL) — A joint venture of Lendlease, one of the world’s largest international property and infrastructure companies, and CMK Companies, Ltd., a leading Chicago‐based residential developer, today announced details of its plan to bring over 3,600 residences to downtown Chicago under a thoughtfully‐ crafted master plan celebrating natural open space amenities and a unique 13‐acre riverfront location. Ideally located in downtown Chicago on the banks of the Chicago River and in the heart of the River South neighborhood, Riverline will feature a spectacular river walk, retail plaza, park, children’s playground, river taxi access, kayak launch and riverfront amphitheater.
The master plan includes eight new buildings designed by Ralph Johnson of Perkins+Will, and will consist of a mix of condominium, townhome and rental residences. With over 31⁄2 acres of open space, including a half mile of continuous river walk and a park, all with access from the surrounding community, Riverline will provide a tranquil and inviting natural experience just steps from the central business district. Hoerr Schaudt Landscape Architects designed an ecologically‐ sustainable environment that incorporates a natural habitat with a multi‐use path system and public access points to seamlessly bridge the urban landscape with the vibrant restored natural ecosystem of the Chicago River.
Colin Kihnke, President of CMK Companies Ltd. said “We are excited by today’s approval of the Riverline project by the City of Chicago Plan Commission and look forward to carrying out the realization of this unique master plan. We are confident that the input we received from Alderman Solis and many members of the neighborhood through numerous community meetings has served to greatly improve our plan.”
“The synergies of our partnership with CMK allow for perfect alignment with Lendlease’s mission to create the best places,” said Tom Weeks, General Manager of Development for Lendlease in Chicago. “We have the team in place and the joint commitment to make sure Riverline succeeds in that mission and brings lasting social and economic benefits to the City of Chicago.”
The river walk is a defining feature of Riverline and will offer continuous north‐south access along the river from Harrison Street to Roosevelt Road. Walkways from the north and east will interact with the river walk, offering multiple access points that facilitate engagement with the river.
The preview sales program for the first phase offering is scheduled to launch in early 2016, with construction anticipated to begin in the first quarter of 2016. Phase 1 is planned to include a 19‐story 278‐unit condominium building and 62 fee‐simple townhomes south of Taylor Street, a 29‐story 452‐unit multi‐ family building north of Polk Street, 31⁄2 acres of open space south of Harrison Street and the entire River Walk from Harrison Street to Roosevelt Road.
www.riverlinechicago.com
For additional information, contact:
Scott Hoskins, President & Managing Broker CMK Realty Corporation
312.376.2035
shoskins@cmkrealty.com
John DeLibero, Director of Public Relations Lendlease
212.592.6895 john.delibero@lendlease.com
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I was also told that construction for the southern portion of the southern parcel could begin about 6-8 weeks after Phase 1 of the northern section.
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titanic1
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