CHICAGO | 590 West Madison | 582 FT | 44 FLOORS

[munchymunch]

HEIGHT: 582 FT
FLOORS: 41 STORIES
LOCATION: 590 West Madison
ARCHITECT: Goettsch and Partners
DEVELOPER: Third Millennium Group









Renderings via curbed http://chicago.curbed.com/archives/2...e-highrise.php
website http://590wmadison.com/#top


• Video Link

[Zapatan]

It's alright... nice filler at least.

The diagram indicates 44 floors btw

[the urban politician]

The fact that this one is about to get started is really exciting. I love pleasant surprises like this

[harryc]

[Northwest]

I remember hearing that the foundation for this was completed years ago, and it just needs to be dug up. Whats the story on that?

[munchymunch]

Originally Posted by Northwest

I remember hearing that the foundation for this was completed years ago, and it just needs to be dug up. Whats the story on that?

This originally was a twin tower project, the second tower didn't pull through...

[rlw777]

Originally Posted by the urban politician

The fact that this one is about to get started is really exciting. I love pleasant surprises like this

Wait did I miss something when/where was it reported this is about to get started?

[Zapatan]

On the plus side it's not immediately near too many tall buildings so it'll stick out. Glad another 500+ footer will be U/C soon.

[munchymunch]

Posted at highrise thread

Originally Posted by HowardL

The nasty surface lot along Jefferson between Madison and Washington, just west of ABN AMRO, has construction fencing around the perimeter.

This will be quite an angle

https://www.google.com/maps/search/v...x6UkKLo0WA!2e0

[rlw777]

Originally Posted by Northwest

I remember hearing that the foundation for this was completed years ago, and it just needs to be dug up. Whats the story on that?

I think you are correct the foundation was completed when 540 W Madison was built. 540 was going to have a twin.

Originally Posted by munchymunch

Posted at highrise thread

This will be quite an angle

https://www.google.com/maps/search/v...x6UkKLo0WA!2e0

Awesome thanks!

[Tom Servo]

This gets its own thread??? ...a 40 story, generic Goettsch building?

[BVictor1]

Originally Posted by Tom Servo

This gets its own thread??? ...a 40 story, generic Goettsch building?

Well, Lowes got its own thread. Just avoid it if you don't like it.

It's over 500'. It's simple, but I agree, it's rinse, wash, and repeat in many ways.

[the urban politician]

Originally Posted by Tom Servo

This gets its own thread??? ...a 40 story, generic Goettsch building?

The fact that people are questioning that this project should have its own dedicated thread just speaks to Chicago's mightiness.

I do agree, though, that with the last boom (1999-2007) a project like this would not have qualified. I believe that our cut off back in those days was 700 feet?

I would love a return to those days, when so many tall projects were being built.

Still, with the current boom I think the designs are getting better. As others have discussed, it's nice to see far less beige concrete crap getting thrown up everywhere.

[Zapatan]

Originally Posted by the urban politician

The fact that people are questioning that this project should have its own dedicated thread just speaks to Chicago's mightiness.

I do agree, though, that with the last boom (1999-2007) a project like this would not have qualified. I believe that our cut off back in those days was 700 feet?

I would love a return to those days, when so many tall projects were being built.

Still, with the current boom I think the designs are getting better. As others have discussed, it's nice to see far less beige concrete crap getting thrown up everywhere.

this boom is just getting started, I feel like it could easily be as big as the last considering we have what... 3 potential supertalls? Only Trump got built last boom.

[Zapatan]

Originally Posted by Tom Servo

This gets its own thread??? ...a 40 story, generic Goettsch building?

I felt the same way at first but the roof deck is pretty cool, 582' is nice for the area so it'll be a decent addition.

I honestly find it hard to get that excited about any Chicago project that isn't supertall though. This city has high standards. Part of me also finds it odd that a near 1500' building has existed since the 70's and people are still excited over buildings half or even a third of that height. They do add to the skyline but it would be nice to see Chi town step it up a little.

[Steely Dan]

Originally Posted by Zapatan

Part of me also finds it odd that a near 1500' building has existed since the 70's and people are still excited over buildings half or even a third of that height. They do add to the skyline but it would be nice to see Chi town step it up a little.

people aren't excited about the height of this one. people are excited for this one because yet another goddamn west loop surface parking lot is biting the dust! praise jeebus!

that part of town has been mercilessly swiss-cheesed by parking lots for my entire freaking life (born in '76) and things are now finally coming together to stitch the urban fabric back together to make it a cohesive extension of downtown. it doesn't matter if the buildings are 200' tall, 500' tall, or 1,000' tall. it's about rebuilding a forlorn and bombed-out section of the city with activity-generating development. a nearly 600' tall mixed-use building like this MORE than fits the bill.

[the urban politician]

If this project is already about to get started, I'm imagining they are doing this on spec? Also, I wonder if they've signed with a hotel flag?

[aaron38]

I wonder if there's a provision for signage on the west face? This building is going to be very visible from the Kennedy.

And is there interior parking? If there is it doesn't look like much. So a net reduction in parking spaces?

[Randomguy34]

They're probably expecting that many of the office tenants will have their workers come via Metra. The Loop Link will also be beneficial by giving hotel customers quicker access to the Loop and 'L' stations.

[the urban politician]

Not sure if this was posted here, but an article a few months ago from Crains about this development, with a noteworthy portion I quoted:

QUICK CONSTRUCTION POSSIBLE

Because the foundation already was poured for the new building years ago when a second office tower was planned, the new tower can be built in as little as 20 months, giving Mizrachi's plan an advantage over some competitors, Gunderson said. Work could begin with as little as 200,000 square feet of office space leased in advance, he said.

“A number of four-star hotels have already expressed interest,” Gunderson said. “The important piece is finding the office tenant.”

Office rents are expected to be slightly below those in the Hines and O'Donnell towers under way, but the building will feature high-end finishes such as a spa, a public garden inspired by the Palace of Versailles, a Lasvit lighting installation and outdoor terraces, according to the developer and J.F. McKinney. The building will include a rooftop bar and restaurant, a ground-floor restaurant and another restaurant within the hotel space.

http://www.chicagobusiness.com/reale...d-in-west-loop

If they are already getting started, they must have signed a lease with somebody substation (office-wise)