CHICAGO | Highrise Projects & Construction, v7

[Hourstrooper]

Originally Posted by BonoboZill4

At this rate, the West Loop will even get construction projects during the next recession

More than likely it will. from 07-12 we still had like 4-8 starts per year so we always build it just slows down here during one that all.

[harryc]

April 10

Pink Morning


April 15



April 16

[BVictor1]

https://chicago.suntimes.com/busines...museum-campus/

Chicagoland Chamber of Commerce study touts massive project near Soldier Field





By Fran Spielman@fspielman

The Chicagoland Chamber of Commerce is beating the drum for a $19 billion project with the potential to produce six times that much tax revenue over 40 years, create 210,000 jobs and turn a shrinking city into a growing metropolis.

Wisconsin developer Bob Dunn, better known for his stadium projects, wants to deck over railroad tracks west of Soldier Field, parallel to Lake Shore Drive and build “One Central,” a city-within-a city that includes up to 10 high-rises.

The “deck” or “table top,” as Chicagoland Chamber CEO Jack Lavin likes to call it, would transform a 34-acre site that is now a “barrier between neighborhoods and lakefront attractions” into a transit center unlike any Chicago has seen.

Metra rail lines, Amtrak, the CTA Orange Line and a so-called “Chi-Line” along an under-used dedicated busway would all come together in one location. With trams or buses, Chicago would finally have its elusive downtown “circulator” linking McCormick Place, the Museum Campus, Navy Pier, Millennium Park and downtown hotels.

[Busy Bee]

Those early phase Central Station townhomes along Prairie are really starting to look silly. Is theere even the slightest chance they could get bought out in the future and replaced with highrises?

[r18tdi]

Superior House tower crane is going up.

[the urban politician]

Originally Posted by Busy Bee

Those early phase Central Station townhomes along Prairie are really starting to look silly. Is theere even the slightest chance they could get bought out in the future and replaced with highrises?

They are unlikely to disappear in our life times.

To be honest, I never minded these as much. Dearborn Park is a different story

[marothisu]

There's been around 157 skyscrapers and high rises completed in Chicago between 2007 and 2018 (and a few in 2019) downtown area alone (counting a few in West Loop). To give you an idea of how many that is, that is more skyscrapers/high rises the following cities currently have that were completed at any point in history: Miami Beach, Las Vegas, Pittsburgh, St. Louis, San Diego, Ft. Lauderdale, Portland, Cleveland, Cincinnati, Winnipeg, etc. At some point this year, it will surpass Baltimore and maybe even Guadalajara.

Between 2009 and 2019, there's been 137 new skyscrapers/high rises completed anywhere in Chicago - which is more than Las Vegas has in the entire city. Of course, there should be numerous completed this year so that number will be over 150 easily by end of year.

[Hourstrooper]

https://blockclubchicago.org/2019/04...and-carpenter/

Another hotel proposed for fulton market requires zoning change, though think its in walters ward so itll be good. Plus a six story office building.

[the urban politician]

^ Do any of you pay for Block Club Chicago? It’s got a paywall

[marothisu]

Originally Posted by the urban politician

^ Do any of you pay for Block Club Chicago? It’s got a paywall

Here's my post about it from April 11:

Originally Posted by marothisu

Hartshorne Plunkard is proposing to re-develop its Headquarters site and the building next door to the west of it. They are proposing that the building and parking lot to the west of them would be a 12 story, 147 foot tall (138 to top of building) Hotel while their current building at 232 N Carpenter would become a 6 story office building. This is very close to Google along Fulton Market.

Current: https://www.google.com/maps/place/10...!4d-87.6539808

Crains story: https://www.chicagobusiness.com/comm...es-its-hq-site

[Barrelfish]

Link to the One Central analysis that the Chicagoland Chamber of Commerce commissioned.

P. 31 shows the breakdown of the headline ~$120B of impact:

• $75B from the new buildings and associated jobs
• $32B from more visits to Museum Campus, McCormick, and downtown
• $9B from new residential development and income in the south loop
• $3.6B from new CTA fare revenue

Haven't gone into the detail enough to know how believable those numbers are.

However, it's worth flipping through the report regardless because it has a TON of data on downtown development generally. Population and income trends, vacant land absorption, hotel capacity, transit access, etc. etc. etc. Quite frankly I'm not sure why they gathered all of this data, because some of it doesn't seem to go into the impact assessment at all, but I'm glad they did.

[Bonsai Tree]

Originally Posted by Barrelfish

Link to the One Central analysis that the Chicagoland Chamber of Commerce commissioned.

P. 31 shows the breakdown of the headline ~$120B of impact:

• $75B from the new buildings and associated jobs
• $32B from more visits to Museum Campus, McCormick, and downtown
• $9B from new residential development and income in the south loop
• $3.6B from new CTA fare revenue

Haven't gone into the detail enough to know how believable those numbers are.

However, it's worth flipping through the report regardless because it has a TON of data on downtown development generally. Population and income trends, vacant land absorption, hotel capacity, transit access, etc. etc. etc. Quite frankly I'm not sure why they gathered all of this data, because some of it doesn't seem to go into the impact assessment at all, but I'm glad they did.

Because when you got $60,000 to blow on a study, why not?

[SIGSEGV]

Originally Posted by the urban politician

^ Do any of you pay for Block Club Chicago? It’s got a paywall

I do, but there's not much additional info in this story.

[The Pimp]

Originally Posted by Busy Bee

Those early phase Central Station townhomes along Prairie are really starting to look silly. Is theere even the slightest chance they could get bought out in the future and replaced with highrises?

No.

[jswami972]

Thanks for the exact dimension i needed for my project.

[Bonsai Tree]

Originally Posted by Busy Bee

Those early phase Central Station townhomes along Prairie are really starting to look silly. Is theere even the slightest chance they could get bought out in the future and replaced with highrises?

Imo, I kinda like the idea of only having townhomes along Prairie. They act as a great transition between the high-rises near the tracks and the Prairie Ave Historic District. I would hate to have highrises be right next to any of the historic homes.

[the urban politician]

What's on the plan commission agenda today?

[jc5680]

Originally Posted by the urban politician

What's on the plan commission agenda today?

Agenda

Looks like they are already working their way through approvals.

[ChiPlanner]

Originally Posted by the urban politician

What's on the plan commission agenda today?

-Approval of reconstructing the 31st street viaduct over Metra Electirc
-43rd Street pedestrian bridge to the LFT
-Edgewater Hospital site- change the PD to increase units form 141 to 155, decrease parking from 78 to 74
-Zoning change for the planned office buildings at LaSalle/Illinois
-Zoning change for the developments at six corners

[the urban politician]

^ Got it, thanks guys.

I like what's happening at 6 corners