Quote:
Originally Posted by Randomguy34
Also, the reason why downtown land values in the 70s justified supertalls is because downtown was quite literally smaller. The idea of Near South, Near West, and Near North west of Clark St being a part of downtown seemed ludicrous. The Loop and Streeterville were effectively landlocked to many people's perspective, as they were surrounded by industrial sites for the entire 20th century. As the boundaries of downtown Chicago has expanded to now encompass a region almost the size of Lower Manhattan+Midtown, it's not surprising to see less appetite for supertalls when there's so much vacant land to build on. Once the rest of downtown starts being built out, as we're seeing in Fulton Market, the incentives for building supertalls will pop-up again.
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I agree. I do think we will see a few more 1k footers being built in Chicago within the next two decades. They probably won’t be as tall as Sears Tower so along the height of Trump/St Regis I think. But you never know! I still have my fingers crossed that Tribune Tower East will be built even though it’s likely canceled. I just would like to see a super tall that exceeds the height of Sears Tower’s roof height. If only I was a multi billionaire who has a lot of money on hand to build a bunch of residential/hotel super tall lol
