Delightful little article that says what we've all been thinking. Funny how Loewenberg thinks that the worst part of Grand Plaza is the base; I'd argue that the first few floors are great. It seems like their thinking hasn't evolved much so the only hope is that they bring in more outside firms.
http://www.chicagomag.com/Radar/Deal-Est...berg-on-Aqua-and-Surviving-the-Downturn/
Magellan's James Loewenberg on Aqua and Surviving the Downturn
By Jeff Bailey
...
Post-Aqua, is it back to standard-issue buildings at Lakeshore East?
No. It’s going to be tough to top that building. But we hired Arquitectonica, the Miami firm, and they designed a building that straddles the street. We were ready to go. Thank God we never started. A great market opportunity, in the next two or three years, after you get through the overhanging inventory.