CHICAGO | Highrise Projects & Construction, v7

[harryc]

May 12
from the Green Line

[r18tdi]

^
This isn't the finished cladding is it? If so, what a disappointment.

[harryc]

Originally Posted by r18tdi

^
This isn't the finished cladding is it? If so, what a disappointment.

I don't think so - IIRC Solar posted a shot of the S face last week, showing the final finish.

[jc5680]

Originally Posted by r18tdi

^
This isn't the finished cladding is it? If so, what a disappointment.

There is a light colored brick being put up. They are working on the south side of the building currently (albeit slowly).

[Notyrview]

Originally Posted by RyanChi92

A cool view of some cranes from Mary Bartelme Park in the West Loop
(From left to right - 1 S. Halsted, 111 S Peoria, and 625 W Adams)

Woof

[harryc]

Trees above the El
May 15

[harryc]

May 15








May 17

[harryc]

May 18

[RyanChi92]

Originally Posted by notyrview

woof

[RyanChi92]

So I definitely am looking for some insight from the general crowd, and those who are in the industry and more connected will probably know more about this..

Looking at the boom as a whole, we definitely have a ton of cranes and projects getting started. From a construction standpoint, we are still booming. With 8,000 units in 2017 and 2018 we have a pretty saturated market. Fortunately, demand has kept up with supply, as of now. I believe occupancy of non-leasing up phase buildings has remained steady between 92-94%.

This all leads into my question, doesn't it seem like we have gotten a pretty drastic slowdown in proposals?

Maybe there's developer fatigue or fear of the market slowing down? I know we just caught wind of 300 N Michigan, but other than that and the long term waits, like Spire site, etc. It feels like there haven't been too many new proposals, in general, especially nothing breaking out of our 500 foot forest.

Just curious for everyone's thoughts on something I've noticed, but could be wrong about.

[harryc]

May 18

[gebs]

Originally Posted by RyanChi92

This all leads into my question, doesn't it seem like we have gotten a pretty drastic slowdown in proposals?

It may feel that way, but that feeling might soon dissipate once/if Related's South Loop plans break ground. The master plan for that site alone might be worth several high-rise proposals.

[harryc]

May 12








May 22

[harryc]

May 12








May 18


May 22
Getting ready to take down the tower crane

[harryc]

Looking good
May 16


May 18

[The Lurker]

Originally Posted by Stockerzzz

Where the schell has Daniel Schell been? His picture updates were great.

You can keep up with him here:

https://buildingupchicago.com/

[chrisvfr800i]

Originally Posted by RyanChi92

So I definitely am looking for some insight from the general crowd, and those who are in the industry and more connected will probably know more about this..

Looking at the boom as a whole, we definitely have a ton of cranes and projects getting started. From a construction standpoint, we are still booming. With 8,000 units in 2017 and 2018 we have a pretty saturated market. Fortunately, demand has kept up with supply, as of now. I believe occupancy of non-leasing up phase buildings has remained steady between 92-94%.

This all leads into my question, doesn't it seem like we have gotten a pretty drastic slowdown in proposals?

Maybe there's developer fatigue or fear of the market slowing down? I know we just caught wind of 300 N Michigan, but other than that and the long term waits, like Spire site, etc. It feels like there haven't been too many new proposals, in general, especially nothing breaking out of our 500 foot forest.

Just curious for everyone's thoughts on something I've noticed, but could be wrong about.

A month ago I would've agreed with you about the slowdown in proposals, but at the moment, I'm slammed with new work to look at! Now, most of these projects are mid-rise at best, but there are a couple taller buildings out for bid right now. Check back next month...it will probably be dead!!

[harryc]

May 18
Green


A very large deck.




Bridging the alley

[harryc]

May 12


May 16

I guess concrete is the wrong shade of gray.

May 18
a nice deck - near to street level

[harryc]

May 18