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  #13521  
Old Posted Jan 31, 2019, 4:00 AM
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Home2Suites & Bush Tower

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  #13522  
Old Posted Jan 31, 2019, 5:28 AM
Ricochet48 Ricochet48 is offline
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Great shot down Clark! Really filling up! There's another spot on Superior by 25 Degrees that can be filled as well.

Down the street on Huron they put in a luxury boutique condo midrise that looks decently sharp.

Hopefully when OCS gets up and running this whole larger area will improve even more (especially the ghetto mcdonalds).
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  #13523  
Old Posted Jan 31, 2019, 7:44 PM
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Crains has a rendering for the that office building that was posted recently in gen developments. (it's 12 stories, so moving over here)

It sounds like the legal issues holding this back have been resolved. Still needs approvals, and tenants.

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  #13524  
Old Posted Jan 31, 2019, 10:46 PM
Vlajos Vlajos is offline
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Originally Posted by IronWright View Post
Another mid-rise box, great opportunity for something tall and yet another soulless glass box.... Chicago must have the world record for buildings of this ilk.
Unlikely as most buildings in America are bland boxes. I imagine Chicago is actually on the low side of bland boxes on a % basis.
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  #13525  
Old Posted Jan 31, 2019, 10:51 PM
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there's 2 excavators and 2 revcon rigs at halsted and lake today. took a pic but unable to upload it unfortunately

Last edited by Hourstrooper; Jan 31, 2019 at 11:21 PM.
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  #13526  
Old Posted Jan 31, 2019, 11:04 PM
LouisVanDerWright LouisVanDerWright is offline
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^^^ I posted that a few days ago. Look like the office building is starting.
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  #13527  
Old Posted Jan 31, 2019, 11:42 PM
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^^^
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Originally Posted by LouisVanDerWright View Post
Speaking of that corner, Revcon is on site on the SW corner for that office building...
That confused me because you were posting in response to the soil testing at Green street and Fulton.
Are you guys referring to this;

https://workwithfocus.com/portfolio/167-green-street/

Because that's pretty exciting if that one is starting up. Seems like we're on the heels of another econobox boom, other side of the Kennedy this time.
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  #13528  
Old Posted Jan 31, 2019, 11:43 PM
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Originally Posted by LouisVanDerWright View Post
^^^ I posted that a few days ago. Look like the office building is starting.
Lake and Halsted is a big project. Do they have any tenants signed?
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  #13529  
Old Posted Feb 1, 2019, 12:20 AM
LouisVanDerWright LouisVanDerWright is offline
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^^^ I haven't heard of any, but vacancy rates are ultra low as much of the buildings originally intended as "vendor village" for MCD have already been gobbled up by tech companies like Google. The MCD vendors are basically being told they need to wait in line for space to become available.

That new proposal in River North is going to fill up instantly. The office vacancy rate in River North is literally 7% right now. If you want an office space of any size in River North, that new proposal is basically your only option.

Quote:
Originally Posted by The Lurker View Post
^^^


That confused me because you were posting in response to the soil testing at Green street and Fulton.
Are you guys referring to this;

https://workwithfocus.com/portfolio/167-green-street/

Because that's pretty exciting if that one is starting up. Seems like we're on the heels of another econobox boom, other side of the Kennedy this time.
Yup, that's the project. The Kennedy is really starting to feel like a canyon now. It will be even more awesome if the new version of Harry Potter tower on 290 starts up. There will be like a whole system of freeway canyons virtually overnight. The Mill is contributing to this feeling now too.
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  #13530  
Old Posted Feb 1, 2019, 12:33 AM
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^^^Its crazy. In terms of sheer transformation this cycle beats the hell out of the last

Quote:
Originally Posted by jc5680 View Post
Crains has a rendering for the that office building that was posted recently in gen developments. (it's 12 stories, so moving over here)

It sounds like the legal issues holding this back have been resolved. Still needs approvals, and tenants.

I'm late to the party on this one too. So the litigation was with the developers of the Andaz hotel which looks to be the mystery building in that rendering. Does that indicate the hotel may also be clear to rise?
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  #13531  
Old Posted Feb 1, 2019, 12:38 AM
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Originally Posted by The Lurker View Post
I'm late to the party on this one too. So the litigation was with the developers of the Andaz hotel which looks to be the mystery building in that rendering. Does that indicate the hotel may also be clear to rise?
Hopefully - the whole legal issue looks like it was for both of these really. Also, I am hoping the hotel is still an Andaz. Stayed at the ones in Shanghai and NYC (before I had moved here) and they were both awesome. Would love to have one available for visits to Chicago
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  #13532  
Old Posted Feb 1, 2019, 1:58 AM
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[
Anyone been by Wabash + Cermak recently? Prairie District neighbors is saying that excavation has already begun on the 275 unit tower (hotel on the corner is a separate phase).

There were 3 building permits issued on Tuesday to demolish the 3 buildings on site here..
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  #13533  
Old Posted Feb 1, 2019, 2:33 AM
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BonoboZill4 BonoboZill4 is offline
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Quote:
Originally Posted by The Lurker View Post
^^^


That confused me because you were posting in response to the soil testing at Green street and Fulton.
Are you guys referring to this;

https://workwithfocus.com/portfolio/167-green-street/

Because that's pretty exciting if that one is starting up. Seems like we're on the heels of another econobox boom, other side of the Kennedy this time.
I wouldn't say on the heels of another econobox boom, we are knee deep in it already!

As for all the updates today, very crazy day!
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  #13534  
Old Posted Feb 1, 2019, 3:17 AM
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Quote:
Originally Posted by jc5680 View Post
Crains has a rendering for the that office building that was posted recently in gen developments. (it's 12 stories, so moving over here)

It sounds like the legal issues holding this back have been resolved. Still needs approvals, and tenants.

If we’re gonna get more econoboxes, more of these please!

I hope this gets built
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  #13535  
Old Posted Feb 1, 2019, 4:58 AM
Ricochet48 Ricochet48 is offline
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The plans for the econ-o-box on LaSalle showed just one building (the foremost one) which did not demolish the old English bar building.

This render reflect that but also adds another glass box to the south. Is that phase II or something?
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  #13536  
Old Posted Feb 1, 2019, 7:21 AM
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Quote:
Originally Posted by Ricochet48 View Post
The plans for the econ-o-box on LaSalle showed just one building (the foremost one) which did not demolish the old English bar building.

This render reflect that but also adds another glass box to the south. Is that phase II or something?
They can’t demolish that building; it’s a Landmark.
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  #13537  
Old Posted Feb 1, 2019, 11:10 AM
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151 W Illinois - 430 N LaSalle

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  #13538  
Old Posted Feb 1, 2019, 2:28 PM
Ricochet48 Ricochet48 is offline
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Ok sure save it, but the core of my question was regarding the other building on the south side of it.

The plans posted only showed this box on the northern lot. Is it a two-part plan or did they just photoshop in a filler to make it look less awkward?
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  #13539  
Old Posted Feb 1, 2019, 3:05 PM
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The building that is for the north parcel will also have a section built behind the landmarked building. The south parcel is from the same developer, but a different building and proposal. It's supposed to be an Andaz hotel. Separate and a real proposal. You can Google it and find articles on it.
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  #13540  
Old Posted Feb 1, 2019, 3:38 PM
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Originally Posted by LouisVanDerWright View Post
That new proposal in River North is going to fill up instantly. The office vacancy rate in River North is literally 7% right now. If you want an office space of any size in River North, that new proposal is basically your only option.
Well there's also 444 Dearborn which is further along in the approval process. That said, you'd have to demolish and build a new fire station first...
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