CHICAGO | Boom rundown - everything over 12 floors. v5 - Page 17

SamInTheLoop · #**321** Posted **Apr 13, 2007, 11:00 PM**

Quote:

Originally Posted by Norsider

I find it hard to believe that the air rights were just offered to them. Perhaps they had a right to purchase it and didn't exercise it. Or perhaps they had them and then the developer sold them, but they wouldn't just offer, out of the blue (so to speak) valuable air rights to a condo board.

If they did just turn down the air rights, this is the dumbest condo board of all time. If I live in River City, I call my lawyer and see if I can sue the board for damages.

Not only that - if this was actually the case, DPD should MANDATE that 403 N. Wabash be at least 40 stories tall, because not only does the association not own the air rights, they were actually given the chance to, and refused!

SamInTheLoop · #**322** Posted **Apr 13, 2007, 11:05 PM**

Quote:

Originally Posted by 2PRUROCKS!

This was posted by ARCHYTYPE over in the CS thread about the long rumored next tower to be announced for LSE.

"Building C going up at the end of Wacker is 1,070', it will have more skyline presence than Trump (although not the notoriety), and it will look much cooler. The CS will essentially be like 2 Trump Towers minus the spire."

Amazing. We could actually be looking at a legimate Thousand-footer in Lakeshore East?! What an appropriately bold move by the developers. As much grief as many of us take pleasure in giving Loewenberg and Carlins, it truly does seem like they are trying to do some reallly great things for our urban environment. Because of the view corridors toward this site, it is the perfect location for a building on the scale of Waterview. I'm loving it!! Now it is time for the renderings and models to be leaked!! We know some of you have them, you can't keep secrets in like this - they'll end up eating you alive!!

Dan in Chicago · #**323** Posted **Apr 13, 2007, 11:07 PM**

Quote:

Originally Posted by 2PRUROCKS!

If it is 1070 from CCD or park level it would still have a good shot at just breaking 1000ft from upper Wacker.

Yes, without a doubt. At Columbus & South Water, the upper street level is 56 feet above ground base. So 70 feet is plenty of leeway.

SamInTheLoop · #**324** Posted **Apr 13, 2007, 11:13 PM**

Someone apparently in the know over on CS posted that it will be a legitimate 1,070' from UPPER Wacker!!

It gets better and better!

jjk1103 · #**325** Posted **Apr 13, 2007, 11:20 PM**

...I used to be the Treasurer of River Plaza Condo Assoc (405 Wabash). I was the first treasurer (when the building was first taken condo). I guarantee you we were never informed by the developers about the "air rights issue"...we just knew the developer owned the garage. That little plaza is a green oasis for everyone who lives around there (not just River Plaza)......sticking a building there is just greedy overkill. I haven't lived there in 7 years, but I would recommend that people on this forum (who tend to live downtown) go over there.......it is shame to lose that little oasis.

VivaLFuego · #**326** Posted **Apr 13, 2007, 11:22 PM**

Quote:

Originally Posted by Norsider

I find it hard to believe that the air rights were just offered to them. Perhaps they had a right to purchase it and didn't exercise it. Or perhaps they had them and then the developer sold them, but they wouldn't just offer, out of the blue (so to speak) valuable air rights to a condo board.

If they did just turn down the air rights, this is the dumbest condo board of all time. If I live in River City, I call my lawyer and see if I can sue the board for damages.

Uh, I'm positive he meant that it was offered in exchange for money....i.e. the opportunity cost. The board turned it down because it would have cost money that I'm sure they don't have in reserves, and in order to come up with the money, it would have meant a special assessment of several thousands dollars per unit, and there's no way you could voluntarily get a condo association to agree to that.

Air rights like that are worth at least several million dollars.

budman · #**327** Posted **Apr 13, 2007, 11:22 PM**

Quote:

Originally Posted by Latoso

I was walking through River Plaza when I saw a rendering and info. on a proposed 17 storey approximately 220 foot building at 403 N. Wabash immediately adjacent to Trump Tower on the north. It would be built over the existing garage entrance and garden area for River Plaza where the pedestrian stairs go through and it would share River Plaza's driveway. Anyway here are some pics of the notice that I took today.

^Looks like the AMA building right next door.

SolarWind · #**328** Posted **Apr 13, 2007, 11:30 PM**

April 13, 2007

Finally some activity over at the Silver Tower site.

museumparktom · #**329** Posted **Apr 13, 2007, 11:45 PM**

I agree with JJK103 this is just overkill and I think that even though its only going to be 200 feet its going to take away from the view south on Wabash from Ontario. This is just flat out greed. I can't believe you can fit this building in.

SolarWind · #**330** Posted **Apr 14, 2007, 12:25 AM**

April 13, 2007

SolarWind · #**331** Posted **Apr 14, 2007, 12:29 AM**

SlatsGrobnik · #**332** Posted **Apr 14, 2007, 12:33 AM**

Quote:

Originally Posted by archytype

yea at ul Wacker, I have the rendering-it's very beautiful and the base, pretty awesome. but will let my bosses release it to emporis when it's ready (ie. after Aqua is sold),

Thanks for letting us know about it. I see you tried to pull it back. Hope you didn't get into any hot water over it.

We'll all just wait patiently for the official release. (AAAAAAAARRRRRGGGGGHHHHH!!!!!)

i_am_hydrogen · #**333** Posted **Apr 14, 2007, 12:37 AM**

550 St. Clair taken today:

i_am_hydrogen · #**334** Posted **Apr 14, 2007, 12:42 AM**

600 N. Fairbanks taken today:

Kngkyle · #**335** Posted **Apr 14, 2007, 12:48 AM**

Looking back at all of Archytypes posts, he has been giving us hints all along. And has hinted to more supertalls than just this one.

Some of his posts:
"Just wait for the release of the 1000'ers image, the build-out of LSE is a given-the Architectonica building is a given, and more supertalls in the development will arise."

"LSE with their sales and marketing force and general love and ability to create supertall within their own city approved Planning Department, there will be a total of four 80+ story buildings within the LakeShore East Park along the river and Columbus, and a few that are 70 or more. The PD that has been set and approved by the city has been pushed far beyond the building heights set-with unanimous city approval."

"you better raise it to a height of 900'. it's building C in LSE by architectonica and has a big hole piercing the top."

And then what he just said.
Archytype. Thanks so much! You are such an asset to this forum.

i_am_hydrogen · #**336** Posted **Apr 14, 2007, 12:49 AM**

50 East Chestnut taken today:

Taken today:

honte · #**337** Posted **Apr 14, 2007, 12:51 AM**

Quote:

Originally Posted by jjk1103

That little plaza is a green oasis for everyone who lives around there (not just River Plaza)......sticking a building there is just greedy overkill. I haven't lived there in 7 years, but I would recommend that people on this forum (who tend to live downtown) go over there.......it is shame to lose that little oasis.

You know, I think you are completely right. That is a special part of the city, and seeing greenspace disappear is a bad thing altogether. Especially when you consider that Buck will be removing the park next to the AMA building soon too.

I used to love the old Solomon-designed plaza at the Sun-Times building as well.

For 17 stories, I really don't think it's worth it. If we were getting something really great, I might reconsider. But for now, I am not in favor of this dinky tower.

i_am_hydrogen · #**338** Posted **Apr 14, 2007, 12:54 AM**

Parkview West taken today:

Kngkyle · #**339** Posted **Apr 14, 2007, 1:00 AM**

I posted this on the Chicago Spire topic, but it doesn't really belong there so I'll post it here as well.
---

Looking back at all of Archytypes posts, he has been giving us hints all along.

Some of his posts:
"Just wait for the release of the 1000'ers image, the build-out of LSE is a given-the Architectonica building is a given, and more supertalls in the development will arise."

"LSE with their sales and marketing force and general love and ability to create supertall within their own city approved Planning Department, there will be a total of four 80+ story buildings within the LakeShore East Park along the river and Columbus, and a few that are 70 or more. The PD that has been set and approved by the city has been pushed far beyond the building heights set-with unanimous city approval."

"you better raise it to a height of 900'. it's building C in LSE by architectonica and has a big hole piercing the top."

And then what he just said about a 1,070' building to be announced once Aqua has been sold out.

SolarWind · #**340** Posted **Apr 14, 2007, 1:00 AM**

April 13, 2007