CHICAGO | One Chicago | 971 FT & 574 FT | 78 & 49 FLOORS - Page 34

Steely Dan · #**661** Posted **Aug 17, 2018, 2:37 AM**

Giddy-up!

Bombardier · #**662** Posted **Aug 17, 2018, 2:42 AM**

Both will be built simultaneously. Site prep and demo of the small buildings on the parcel will start Q1.

BonoboZill4 · #**663** Posted **Aug 17, 2018, 2:56 AM**

Woot!

KevinFromTexas · #**664** Posted **Aug 17, 2018, 2:58 AM**

Sweet. This is one of my more favorable supertalls that's in the pipeline in the US. I hate that modern architecture is trending away from setbacks, so it's nice to see this one keeping with that style and doing it so nicely.

BVictor1 · #**665** Posted **Aug 17, 2018, 3:11 AM**

Quote:

Originally Posted by Bombardier

Financing has been secured and construction will begin in Q1 of 2019.

Any idea on the loan/financing amount?

rlw777 · #**666** Posted **Aug 17, 2018, 4:58 AM**

Wow! Great news!
It occurred to me that just the 690' tower would be a big deal for the location. The fact that we are getting both that and a supertall is epic! I'm looking forward to this one.

The Pimp · #**667** Posted **Aug 17, 2018, 12:11 PM**

I hope this isn't a bad joke? Awesome news.

MorganChi · #**668** Posted **Aug 17, 2018, 1:28 PM**

Man his would be crazy . Our downtown is gonna be lit !!!!!!!

KWillChicago · #**669** Posted **Aug 17, 2018, 1:28 PM**

So dope if this is true. This is a skyline changer.

rgolch · #**670** Posted **Aug 17, 2018, 1:32 PM**

Quote:

Originally Posted by Bombardier

Financing has been secured and construction will begin in Q1 of 2019.

Note to other forumers...

This is how you bump a thread

.

BuildThemTaller · #**671** Posted **Aug 17, 2018, 1:51 PM**

Excellent news. This is not too much of a surprise with the success JDL has had with No. 9 Walton. In May, Chicago Business reported that tower had more than 20 $3 million+ condo sales in that building alone.

Zapatan · #**672** Posted **Aug 17, 2018, 2:07 PM**

Awesome news!

marothisu · #**673** Posted **Aug 17, 2018, 2:07 PM**

Quote:

Originally Posted by BuildThemTaller

Excellent news. This is not too much of a surprise with the success JDL has had with No. 9 Walton. In May, Chicago Business reported that tower had more than 20 $3 million+ condo sales in that building alone.

Well yes. The minimum price for a condo at No. 9 Walton went for just over $3M this makes sense and there's been 21 of those sales since mid March alone. There was a sale of nearly $6M the other day there. I think the building is actually sold out now or nearly sold out. Jason Heyward, Omer Asik, Ken Griffin, etc have all bought here.

Notyrview · #**674** Posted **Aug 17, 2018, 2:34 PM**

This will be the first time that two supertalls are under construction at the same time (that actually finish construction) since Sears and Aon.

Steely Dan · #**675** Posted **Aug 17, 2018, 2:41 PM**

^ well, that extremely important caveat in parenthesis we can't yet know.

it wasn't all that long ago that there were THREE super-talls under construction in chicago, and then........... much disappointment.

Notyrview · #**676** Posted **Aug 17, 2018, 2:45 PM**

Yea but Waterview and Spire were built on spec, if One Chicago has financing...

F1 Tommy · #**677** Posted **Aug 17, 2018, 2:53 PM**

Quote:

Originally Posted by Notyrview

Yea but Waterview and Spire were built on spec, if One Chicago has financing...

2008 was a bad year for high rise construction but this is great news. Now if Related can get the old Spire site started this would be an all time high for Chicago. And Chicago's skysrapers have some meat on their bones unlike other cities recent skinny — skyscrapers.

Steely Dan · #**678** Posted **Aug 17, 2018, 2:53 PM**

Quote:

Originally Posted by Notyrview

Yea but Waterview and Spire were built on spec, if One Chicago has financing...

true. if the report about financing is correct, then OCS is on a far more stable footing than the spire or waterview ever were.

i just have superstitions regarding the counting of eggs and chickens.

but i would agree, this all sounds very promising.

Notyrview · #**679** Posted **Aug 17, 2018, 2:54 PM**

I hear you, it was a trauma for the whole forum

Skyguy_7 · #**680** Posted **Aug 17, 2018, 2:59 PM**

^ PTSSD

Post Traumatic Supertall-Stress Disorder.

EDIT: All you banana-ers better knock on wood or be held responsible for our PTSSD.