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  #1461  
Old Posted Oct 8, 2019, 1:14 PM
OrdoSeclorum OrdoSeclorum is offline
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Originally Posted by MorganChi View Post
I hope you’re right but something should had happen by now. I think we will be all disappointed.
The reason nothing has happened by now is because of the significance and ability to make profit from the site. The land is very expensive because there's so much potential. So there's essentially 0% chance that someone will spend $80,000,000 on the land and then build something small and ugly. Or turn it into a park. In EVERY circumstance, they would sit on it or sell it to someone who wanted to do something big enough with it that it made an $80,000,000 investment just for the land worthwhile.

Now, that doesn't mean we're going to be happy with what gets built. We may very well be dissapointed compared to our high expectations for the site. But the reason nothing has been built is because the stage is so big and the investment already made in the site is so high that it precludes anything truly dissapointing from being built.
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  #1462  
Old Posted Oct 8, 2019, 1:19 PM
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Hopefully something grandiose will rise on this parcel. It seems like there's a curse on this land.

But maybe in time due something will rise. Good things take time I guess.
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  #1463  
Old Posted Oct 8, 2019, 2:20 PM
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If you listen to Fran Spielman's interview with Reilly - where this information all originated - he does specifically say that there will be something built on that site and whatever it is will be spectacular. . . noone is dumb enough to think that this site won't be developed into something great. . .

https://chicago.suntimes.com/fran-sp...higan-ave-loop
---fast forward to 21:51 for development discussion

. . .
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  #1464  
Old Posted Nov 13, 2019, 7:46 PM
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news of 400 N LSD from the article about the tribune tower addition:


Quote:
By RYAN ORI
CHICAGO TRIBUNE |
NOV 13, 2019 | 1:18 PM

As the Tribune Tower redevelopment moves along, a high-profile site nearby — the former Chicago Spire site — is headed for a second public meeting as soon as the first quarter of next year, Reilly said.

Related Midwest in May 2018 unveiled plans for a two-tower residential and hotel development on the site at 400 N. Lake Shore Drive, designed by One World Trade Center architect David Childs of Skidmore, Owings & Merrill.

A few months later, Reilly announced his opposition to the plan, citing concerns from neighbors about traffic, the height of a podium on which the towers would be built, security along the river and the inclusion of a hotel in the plan.

Earlier this year, the city granted Related Midwest another year to begin construction on the project, allowing more time for the developer to redraw its plans.

Related has until May 2020 to begin work on the 2.2-acre site, which has remained a 76-foot-deep foundation hole for more than a decade.
full article: https://www.chicagotribune.com/colum...tqq-story.html



it looks like we'll finally get to see the revised plans early in the new year.
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Last edited by Steely Dan; Nov 13, 2019 at 7:59 PM.
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  #1465  
Old Posted Nov 13, 2019, 9:04 PM
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Originally Posted by Zapatan View Post
Good but what on earth took so long?
Large checks take longer to clear
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  #1466  
Old Posted Nov 14, 2019, 11:18 AM
RedCorsair87 RedCorsair87 is offline
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Assuming these revised plans are approved, ground breaking is in six months at most.

I can live with that.

#saveTheTerracotta
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  #1467  
Old Posted Nov 23, 2019, 9:48 PM
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Quote:
Originally Posted by RedCorsair87 View Post
Assuming these revised plans are approved, ground breaking is in six months at most.

I can live with that.

#saveTheTerracotta
6 months at most? You're joking right?

2021 at the earliest.
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  #1468  
Old Posted Nov 23, 2019, 11:21 PM
RedCorsair87 RedCorsair87 is offline
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Check the most recent article on the previous page. Related has until May 2020 to start work. Same thing was reported a few months back in another article. I'm with you. I'll believe it when I see it.
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  #1469  
Old Posted Nov 24, 2019, 12:59 AM
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Quote:
Originally Posted by Zapatan View Post
I didn't realize groundbreaking could be next year, I thought it was farther off for some reason. That's really exciting, provided this is still 1100+ feet with the revisions *fingers crossed*

Chicago will always have a supertall or two U/C for the years to come in that case, this, Tribune, Parcel I, NEMA II (potentially)

From what ive gathered form a few articles Alderman reilly said The new plan will be completely different and back to the drawing board to square 1, from what we all know as have seen as the 2 tower project that's gone. Hopefully it will be a bigger singular tower.

Last edited by Hourstrooper; Nov 24, 2019 at 1:35 AM.
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  #1470  
Old Posted Nov 24, 2019, 1:31 AM
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Quote:
Originally Posted by RedCorsair87 View Post
Check the most recent article on the previous page. Related has until May 2020 to start work. Same thing was reported a few months back in another article. I'm with you. I'll believe it when I see it.
Yeah this won't be starting in 2020. Reilly has said there could be a meeting sometime early next year, but nothing more. It's likely that Related will just get an extension on the permitting like they did before.
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  #1471  
Old Posted Nov 24, 2019, 4:12 AM
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Quote:
Originally Posted by Zapatan View Post
Hm, I always thought the revisions were going to be minor, I hope that's true though simply due to the prospect of one solo tower.

I really like the current plan but the site is dying for well over 1,100 feet
Time to start wishing upon a star...



EDIT: I really do hope we get some massive supertall here. Don't mind me being a downer.
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  #1472  
Old Posted Nov 24, 2019, 8:54 PM
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Related has until May 2020 to start construction on whatever the new design will be. Otherwise, they'll be subject to the new ARO requirements.

If the new proposal is presented in Jan/Feb then gets approved in the following 3 months, I can see them breaking ground by the end of May assuming they have financing arranged/in place.
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  #1473  
Old Posted Nov 24, 2019, 9:41 PM
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Quote:
Originally Posted by Chicago_Forever View Post
Related has until May 2020 to start construction on whatever the new design will be. Otherwise, they'll be subject to the new ARO requirements.

If the new proposal is presented in Jan/Feb then gets approved in the following 3 months, I can see them breaking ground by the end of May assuming they have financing arranged/in place.
What New Aro requirements?

Thought they were to be edited and redesigned by summer 2020 per the new team led by burnett, sigcho, and others
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  #1474  
Old Posted Nov 25, 2019, 2:39 PM
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Quote:
Originally Posted by chris08876 View Post
Hopefully something grandiose will rise on this parcel. It seems like there's a curse on this land.

But maybe in time due something will rise. Good things take time I guess.
I'd rather it simply be grand rather than "grandiose." "Grandiose" means grand, but with the added meaning of pretentious and oozing excess. It's not a complimentary word.
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  #1475  
Old Posted Nov 25, 2019, 2:46 PM
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Quote:
Originally Posted by MorganChi View Post
Not to bring any negativity to this chat though but I’m afraid the old spire site will be nothing more than a park . We waited for this land to be develop within that last 11 years and nothing more than that has happened. It would of been nice to see the developer combined the two towers to make one whole tower ( 1,900ft ) but anything can happen within the next coming months.
Whatever gets built there requires that Dusable Park be built out by the developer. That's made up of that 3-acre plot of land across LSD to the east from the 400 N LSD site. Given that, it wouldn't make any sense to turn the main site, one of the most valuable plots of undeveloped land between New York and San Francisco, land that already has a mostly-completed foundation suitable for up to a 2,000-foot tower, into a park, too.
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  #1476  
Old Posted Nov 25, 2019, 4:14 PM
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Now more than ever would I love to see LSD tunneled from Ohio St to the Grant Park curve.
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  #1477  
Old Posted Nov 27, 2019, 2:05 AM
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Quote:
Originally Posted by emathias View Post
Whatever gets built there requires that Dusable Park be built out by the developer. That's made up of that 3-acre plot of land across LSD to the east from the 400 N LSD site. Given that, it wouldn't make any sense to turn the main site, one of the most valuable plots of undeveloped land between New York and San Francisco, land that already has a mostly-completed foundation suitable for up to a 2,000-foot tower, into a park, too.
Right... developers aren't spending tens of millions of dollars on properties and designs to give up and put a non-revenue producing park... I'm not sure what that dude is smoking
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  #1478  
Old Posted Nov 27, 2019, 2:08 AM
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Originally Posted by Kumdogmillionaire View Post
Right... developers aren't spending tens of millions of dollars on properties and designs to give up and put a non-revenue producing park... I'm not sure what that dude is smoking
Especially NOT Related
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  #1479  
Old Posted Nov 27, 2019, 2:29 AM
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Originally Posted by Kumdogmillionaire View Post
Right... developers aren't spending tens of millions of dollars on properties and designs to give up and put a non-revenue producing park... I'm not sure what that dude is smoking
The agreement for the Spire was that the developer would re-hab/create DuSable park in exchange for the ramps. At the presentation last year the park was a prominent piece of the deal.

400 N Lake Shore Drive by Harry Carmichael, on Flickr
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  #1480  
Old Posted Nov 27, 2019, 2:32 AM
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Originally Posted by Busy Bee View Post
Now more than ever would I love to see LSD tunneled from Ohio St to the Grant Park curve.
Hell no! You'd be missing out on some of the most amazing vantage points of the skyline if LSD was in a tunnel during that stretch. That includes views of this very project, and how it meets the lake and Chicago river. The experience along this stretch is part of why LSD is my favorite road to drive on. Way better than experiencing a dam tunnel.
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