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RiverLine - TownHomes ?
Feb 18
"Soil testing" Chicago | Riverline by Harry Carmichael, on Flickr they were filling it back in when I was there. |
Green Pizza
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318 N Carpenter
Feb 20
Chicago | 318 N Carpenter by Harry Carmichael, on Flickr Feb 22 Chicago | 318 N Carpenter by Harry Carmichael, on Flickr Chicago | 318 N Carpenter by Harry Carmichael, on Flickr |
Lake and Halsted- N W - 804 W Lake
The old bar closed before finishing or opening the new deck. I would have loved a roof top bar at the level of the El tracks. Would have been like the old days at Dakin / Sheridan.
Chicago | Lake and Halsted by Harry Carmichael, on Flickr |
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The only reason that historic district even saw the light of day is because Brendan Reilly wanted to put the nail in the coffin of the proposed tower at Wabash/Superior. |
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https://www.lipeproperty.com/1122-w-chicago |
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This is great news and hopefully just the start. |
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https://i.postimg.cc/sx0qRTYk/Screen...7-42-32-PM.jpg https://i.postimg.cc/gj0Q5CZy/Screen...7-42-03-PM.jpg |
^^^ Just glad something is taking the spots east of the Hudson apartment complex. Surprised the little building in the middle is surviving though haha.
That area has changed so much. Next luxury high rises all over and a couple offices. |
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^ yeah, and maybe that becomes the go-to filler as the boom starts to ebb. Still money to be made
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^ Elevator economics—4 is as high as you can go before they are required, right? Once you have to pay for those you might as well spread that cost out as much as you can. In residential at least.
-- 1001 Fulton |
The city's building codes enforce full high-rise standards for buildings over 80', causing a big step change in construction costs at 80'. 8 stories in 80' is possible but very tight, so you see a lot of buildings up to 6/7 stories under the low-rise standards, and then another group of buildings at 12 stories and up under the high-rise standards where the added unit count starts to balance out the higher construction cost.
These 9-story buildings are probably between 90' and 110', so they are solidly in that no-go zone. It's not really about whether you have an elevator or not, but about what kind of construction type, what kind of sprinkler system, etc. Chicago has adopted a new building code, too, so the calculus behind these decisions is changing. |
^ aren't elevators required above 4? I can't speak broadly to construction incentives, but elevator costs/maintenance (and more recently a cab replacement) is routinely one of the biggest costs to my building's annual budget.
The 4 then 10+ dichotomy makes even more sense to me if there are large cost considerations at 4 then again ~8 floors. |
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Even at 4 floors elevator buildings make sense because the units command a higher price and sell faster. 3 floors is typically the limit most people purchasing want to walk up. |
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No thanks on that replacement/maintenance cost. Or waiting to be rescued when the thing acts up. |
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