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Fingers crossed we get this bad boy though, big ole gap in the skyline down there! |
If this one is eventually completed as stated it is going to make the skyline south loop not step down in height.
It's 832 FT | 76 FLOORS although not as good as its first iteration this building could actually lift the elevations on the 78. BTW if 832 feet is too short for you the Twin Cites are calling and wanting this one. Quote:
Too me this is an important building in an important place that may have more effect on the scale and overall transitions of height in the 78 perhaps being taller on the north end and going lower the further south. The West Loop and the South Loop buildings in the last 20 years, would make most of the rest of the other cities dream about buildings like this, except NYC and a few others. This 78 could be the most important part of the newer Chicago in the next 20 years if done right. The total skyline is impressive coming in on the Kennedy or the Metra from the lake shore buildings from Rodgers park to the McCormack place. Eventually if the south lake front could be converted to modern similar apartments from the south loop all the way to Hyde park some day would be awesome. But... It will never be Lincoln Park... If the said area were developed the people living there would have to go north to the loop and a long Redline north to the kool places in the city, or venture once in a while in Hyde Park that would be closer. The commute times would be shorter from the same difference in miles from the core downtown from the south and would even be less expensive on rent vs the north Chicago shore towers. It makes a hell of a lot of more sense building organically as needed along the south lakefront vs the mega Spanish development plan for the gigantic USS steel plant land on the boarder of Indiana that eventually the backers backed out on. In the long term, measured in Decades perhaps capping some of the tracks and having people new to the area could create and extended their community further west like the north did. |
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Also the business travel thing isn't even only for executives. They can also use it for consultants on long term travel assignments and probably re-use. There are some companies who do this, and honestly it's more cost effective. I traveled on business to NYC for 2.5 years (before moving here) pretty much every week. My hotel bills alone were at least $80,000 per year, no joke. I think one year I racked up close to or over $100,000 in hotel costs for myself. My company used to get apartments for people like me, but a few years prior they stopped it and just did the hotel thing. Other firms I worked with had consultants like me do the apartment thing. Guarantee there's a market for things like this. |
Nice fluff piece in the Tribune today:
https://www.chicagotribune.com/class...217-story.html |
Amazing project.
P.S. For a second I thought it was actually 1000m |
I hate to bump this thread but I think some more new info has shown up... on the website, it looks like McHugh and John Buck Company have been brought on to the team... that's news to me and also seems like even more clues towards a nearing groundbreaking. Also, on their (1000m) Instagram, they said ground will break later this year. But we already knew that and we also know what they've said in the past regarding groundbreaking:rolleyes:. That being said things are definitely lining up more and more to suggest that this time they may actually be ready. Since its McHugh now, maybe after NEMA or Vista reach substantial completion?
https://1000southmichigan.com/vision/ (scroll down a bit) |
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NEMA is rental; this is condo. Hard to see any connection.
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If John Buck has actually joined the team that greatly increases the odds of this little project getting built. The original development team didn't really have the chops, but when JBC is involved in a project it always gets built eventually.
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JBC coming aboard does give this development considerably more legitimacy. i had been filing this one away as "extreme longshot", but now it's more like "well shit, it might actually get built". |
Considering the legitimacy of JBC, and the quality of their work, maybe they throw out the current design and opt for the original.
A guy can dream! |
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^ Thanks to our awesome contributors, page one of just about every Chicago thread has the latest renderings, 'dude.
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That's good news I guess, I was wondering about this project the other day.
When is NEMA II supposed to start? If they could be u/c simultaneously that'd be awesome |
JBC has been involved in this project for over two years as a local owner's rep as the developer is from New York. Lendlease was originally hired on as the pre-construction manager but lost that role to McHugh about 18 months ago. The project has been condos from day 1 and they've been in pre-sales for over a year and a half but have not hit the minimums. I haven't read the PD (if there is one) but if they were to revise the PD now to allow apartments, they might get hit with a huge ARO change that they didn't need to comply with given current approval status.
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