CHICAGO | Boom rundown - everything over 12 floors. v5

[honte]

^ I think MoMo appears to be another high-quality building from Smithfield / Booth Hansen.

[trvlr70]

I hope that whatever will be developed in the future incorporates the marina. I think that it will makes this part of the South Loop more unique and give it the edge it surely needs.

[skobabe8]

Well guys, 2100 Indiana has officially been taken over by the bank.

I guess from what my attorney has told me the 'receiver' will take a look at the contracts over the next couple of months and either go ahead with the loft building and honor the contracts or foreclose entirely. She said it could go either way.

Id like to thank everyone for all your help and advice. Really sad day for my girlfriend and I. We are first time buyers and it has been quite the experience.

Also, From what I've been told, Agunas has left the country. I dont see anything else with the Rokas name attached materializing.

[BVictor1]

^That's too bad. I hope that the experience won't discourage you from continuine to seek a home in the area. Good luck.

Also, it's ashame that Rokus couldn't pull this off. I was somewhat partial to the Prairie Avenue project.

Originally Posted by honte

^ I think MoMo appears to be another high-quality building from Smithfield / Booth Hansen.

Speaking of... 02/23/08

[skobabe8]

Thanks, BV. We want to stay in the area and have already started to actively look for something similar. Like I said, theres still a chance the loft building will be completed. We hope it does because I am yet to find a better value.

[BVictor1]

02/23/08

[VivaLFuego]

Originally Posted by skobabe8

Thanks, BV. We want to stay in the area and have already started to actively look for something similar. Like I said, theres still a chance the loft building will be completed. We hope it does because I am yet to find a better value.

Don't forget to look at pre-existing units, or buildings that are U/C but not nearly sold out. It's a buyers market out there so you can play tough in negotiations; realistically, the true market selling prices of most units throughout the Chicago central area are down to about 2004 price levels, and alot of sellers just haven't realized that yet (there are a few exceptions in the most specifically desirable buildings, of course). One issue with purchasing new is that the developer may cheap out and dump a whole lot of problems on the new residents, resulting in some combination of high special assessments and very high turnover (meaning lots of units for sale at once, little stability on the condo board), all of which translates to it being a poor investment. Looking at pre-existing you can assess the building, whether there is high turnover, whether there have been special assessments, etc. Sometimes a high monthly assessment shouldn't be a deterrent if it means the condo board has their act together and prepares for contingencies. Just some thoughts to help in your search. Given the uncertainty of where price levels will hit over the next 2 years, unless there is an incredible deal for early pre-construction pricing, it's still a risky investment.

[brian_b]

Originally Posted by skobabe8

Well guys, 2100 Indiana has officially been taken over by the bank.

I guess from what my attorney has told me the 'receiver' will take a look at the contracts over the next couple of months and either go ahead with the loft building and honor the contracts or foreclose entirely. She said it could go either way.

Id like to thank everyone for all your help and advice. Really sad day for my girlfriend and I. We are first time buyers and it has been quite the experience.

Also, From what I've been told, Agunas has left the country. I dont see anything else with the Rokas name attached materializing.

Is that the Lexington Park development?

[Nowhereman1280]

MoMo looks much better in that last shot Bvic, I was also liking it more today as I walked by on my walk.

[chicubs111]

Originally Posted by BVictor1

^That's too bad. I hope that the experience won't discourage you from continuine to seek a home in the area. Good luck.

Also, it's ashame that Rokus couldn't pull this off. I was somewhat partial to the Prairie Avenue project.



Speaking of... 02/23/08

What is going on with the middle of MoMo?...i was alwasy wondering why there not put glass in that middle section and on the middle section on the side?

[harryc]

Overview


Full set

Steel ( Hydrogen has a wider angle lens )




Where the Steel will go.



New pilings ( I-beams ) next to old caisson, wooden forms still intact.




Old Iron foundation socket thing


Sometimes the only tool agile enough is some guys with shovels.


Voltex waterproofing


Embedded bearm - this will go inside the concrete.


Crane


Now off the ground and climbing along.


Moving along quickly.

[Chicago Shawn]

[harryc]

From the bridge


Series

Working in the core

[skobabe8]

Originally Posted by brian_b

Is that the Lexington Park development?

No, just north of lexington park on the same block. LP is coming along, albeit slowly.

[SolarWind]

February 22, 2008

theWit Hotel


Streeter Place

[harryc]

One11 W Illinois


series

251 N State - The Wit


series Series

757 N Orleans - Gammonley


series

325 W Ohio - Silver Tower


series

Stay Bridge & 110 Superior


series

[harryc]

Roosevelt collection


225 W VanBuren


Series

[Tom Servo]

Originally Posted by honte

^ I think MoMo appears to be another high-quality building from Smithfield / Booth Hansen.

my rating for this and 30 w oak:
10 - Iconic
9.5 - Almost a 10
9 - Excellent
8 - Strong
7 - Good
6 - OK
5 - Average
4 - Iffy
3 - Bad
2 - Crap
1 - Horrendous
0 - Abomination

[Tom Servo]

question:

is the concrete on VETRO being left exposed? if so, WOW that building is really great!

[SamInTheLoop]

Originally Posted by Chicago Shawn

It passed.

Well, it's about time! Really looking forward to this one - hopefully Lynd Co's has an aggressive timetable planned - at least they've already closed on the parcel...