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-   -   CHICAGO | 1000M (1000 S. Michigan) | 832 FT | 76 FLOORS | ON HOLD (https://skyscraperpage.com/forum//showthread.php?t=218947)

SamInTheLoop Jul 10, 2020 7:19 PM

Quote:

Originally Posted by Mr Downtown (Post 8975306)
I was pretty dubious . . . but I did hear from someone (whom I thought was probably in a position to know) that one of the developer principals had lost two close family members to COVID-19.


Regardless of whether that was the real impetus for the shutdown, that is terrible, sad, and devastating.

SamInTheLoop Jul 10, 2020 7:21 PM

Quote:

Originally Posted by Steely Dan (Post 8975333)
It wasn't necessary or unnecessary.

He was simply offering HIS opinion.

As people often do on internet discussion forums.

The fact that it so clearly triggered you actually says volumes more.


Last sentence was my read on his reaction as well - seemed to be somehow weirdly politically triggered.

Ineffable Aug 3, 2020 8:21 PM

Some activity on site today. Gravel path to the excavation and some diggers moving about.

Bombardier Aug 4, 2020 1:53 AM

Are they filling the mat slab with sand?

bgbarker Aug 4, 2020 5:49 PM

https://www.chicagoarchitecture.org/...d-19-shutdown/

Steely Dan Aug 4, 2020 5:54 PM

^ very strange.

What IS going on here?

CrazyCres Aug 4, 2020 6:18 PM

Im hoping this is a good thing that maybe they're preparing to restart construction soon

But it could also be that they're preparing the site to be dormant for a little while longer.

Skyguy_7 Aug 4, 2020 6:47 PM

^ Another outdoor space, for 'virus dining, perhaps? :shrug:

Fvn Aug 4, 2020 7:02 PM

Hmmm... I was wrong about a long stall when they covered the exposed rebar at Hudsons Site in Detroit, but that's just plastic covering the rebar... this is corrugated liners and crushed rock... Why would they fill in a (rather deep) excavated pile cap just to come back and dig it all out in a month to restart construction? Plastic bags over rebar columns cost little to nothing (pretty much just the labour) and can just be ripped off... crushed rock on the other hand... doesn't bode well.

Chi-Sky21 Aug 4, 2020 7:06 PM

a very well supported parking lot.....

bhawk66 Aug 4, 2020 7:48 PM

If the crushed rock is not an indication of a restart, then how would one explain the following comments from the article linked above?

"...compared to the shut down picture we showed you in July, some dirt has been dug, some equipment has been moved, and there’s some new heavy equipment on site that wasn’t there before, including an excavator.

In the new picture, we count 26 rebar cages for the caissons. In the old picture, the number was closer to 20."

harryc Aug 4, 2020 7:49 PM

Quote:

Originally Posted by Skyguy_7 (Post 9000915)
^ Another outdoor space, for 'virus dining, perhaps? :shrug:

Definitely - cages fro the small kids and teenagers that tend to spread disease even in the best of times.

Aug 8



or possibly trying to keep the tops from getting bent when they are buried for a few years.

harryc Aug 4, 2020 7:53 PM

Quote:

Originally Posted by bhawk66 (Post 9000977)
If the crushed rock is not an indication of a restart, then how would one explain the following comments from the article linked above?

"...compared to the shut down picture we showed you in July, some dirt has been dug, some equipment has been moved, and there’s some new heavy equipment on site that wasn’t there before, including an excavator.

In the new picture, we count 26 rebar cages for the caissons. In the old picture, the number was closer to 20."

I love the optimism - but no - the sleeves had been trimmed down to what will be the bottom of the mat. The next step is to put in the "mud" layer (just done at SalesForce tower) . there is no reason to put gravel in on this level unless you are planning on burying it for a while. ( I hope I am wrong ).

Fvn Aug 4, 2020 8:17 PM

The rock could also be just to shore up the sheet piles to prevent them from collapsing over time. They're fine for a while as they were designed to be a cantileaved wall until the mat was constructed, but if left as is for a long period of time, (water) pressure would probably build up and this could cause Michigan Ave (or atleast the sidewalk) to become one with the excavation as I can't imagine it was designed to be a permanent wall.

Quote:

Originally Posted by SolarWind (Post 8858665)
March 10, 2020


Also, FWIW in this picture from March (taken by Solar) I counted atleast 26 exposed drilled shafts.

Mikelacey45 Aug 12, 2020 2:00 AM

https://www.chicagoarchitecture.org/...mains-on-hold/


So much for hope lol

Zapatan Aug 12, 2020 6:30 PM

Most of us probably assumed it was just site maintenance.

It says it's still technically on hold until September, which doesn't mean it's cancelled. The cancelation of cash flow from Goldman is much more worrying though... i.e. probably means at the end of the day it will be.

chris08876 Aug 15, 2020 4:35 AM

This should pick up hopefully. I wonder what the status is on any deposits for units (pre sales) and if buyers or prospects backed out. Just looking into this, I wouldn't worry. At least financing wise, they have it, just a temporary delay via risk management at the moment. Question is, how bad the fall might be economic wise, if applicable.

My gut feeling is telling me Q1 of 2021 for major movement on this IF conditions are GOOD.

chris08876 Aug 15, 2020 4:38 AM

Quote:

Originally Posted by Zapatan (Post 9008527)
Most of us probably assumed it was just site maintenance.

It says it's still technically on hold until September, which doesn't mean it's cancelled. The cancelation of cash flow from Goldman is much more worrying though... i.e. probably means at the end of the day it will be.

I can't see this rising this fall. I'd say early to mid next year at best. The uncertainty is very high at the moment. This may go the way of 45 Broad. On hold until the situation domestically or even globally clears up.

The crappy part is if there are no reserves on the units or if deposits were given back. Presales can do wonders if you can fill a tower 1/3 or 1/2 prior to it even being u/c. That's the biggest blunder I see, not so much the financing which looks like its a hold based on uncertainty via the lender.

Loopy Oct 6, 2020 4:01 AM

https://i.imgur.com/GePTsLQ.jpeg

sentinel Oct 6, 2020 1:15 PM

^^ Comment is *chef's kiss*.

If only it were true..somehow, I feel like this will end up getting the Waterview tower treatment, and slashed in half, if and when it ever comes back.


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