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  #17681  
Old Posted Aug 1, 2020, 4:54 PM
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https://www.moodybible.org/news/glob...ner-announced/

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CHICAGO CAMPUS REDEVELOPMENT PARTNER ANNOUNCED
07.23.2020


Dear Moody Family:

One year ago this month, we shared with you that Moody Bible Institute prayerfully began an effort to sell some of the non-core portions of our Chicago campus real estate portfolio to help fund our 2030 growth plans.

Since our last update in January, Moody has been involved in a due diligence process, with the hope that we would enter into an agreement with a real estate partner in the months following. We are thrilled to announce that after much prayer and an extensive evaluation, the prestigious Chicago-based firm, JDL, has been selected as our real estate partner.

This sale is a significant first step in our reimagining a state-of-the-art campus better suited for the 21st Century. It will also help us secure the needed resources to make investments necessary to grow our educational, broadcasting and publishing impact for the sake of His Kingdom.

While a real estate contract has been signed with JDL, closing on the property will not actually take place for many months. Approvals of the development plan are still needed by the city of Chicago, and JDL will also be engaging with the community around Moody to discuss their plans for the 8 acres located west of Wells Street.

We realize that there will be many questions after today’s exciting news, so please stay tuned to a news story in the near future.


In the meantime, join us and the Real Estate Team in praising God for His guidance and ongoing provision. He strategically placed Moody in the heart of Chicago for such a time as this, and we are boldly moving forward in this new season.
Nothing really new but it sounds like we will hear / see more soon hopefully. Atrium Village + maybe that new tower on Maple + these buildings will definitely beef up this part of the skyline until there's more happening with Cabrini.
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  #17682  
Old Posted Aug 2, 2020, 2:01 PM
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Originally Posted by spyguy View Post
Nothing really new but it sounds like we will hear / see more soon hopefully. Atrium Village + maybe that new tower on Maple + these buildings will definitely beef up this part of the skyline until there's more happening with Cabrini.
A few months ago I was messing around with a design for the Moody bible site, but I never developed it passed massing. I should finish these.



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  #17683  
Old Posted Aug 2, 2020, 8:08 PM
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rgarri4 is a gem we must protect
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  #17684  
Old Posted Aug 2, 2020, 9:31 PM
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1125 w van buren

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  #17685  
Old Posted Aug 3, 2020, 12:25 AM
RedCorsair87 RedCorsair87 is offline
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These are stunning! Anyone have close to a billion dollars?

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Originally Posted by rgarri4 View Post
A few months ago I was messing around with a design for the Moody bible site, but I never developed it passed massing. I should finish these.



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  #17686  
Old Posted Aug 3, 2020, 6:15 PM
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  #17687  
Old Posted Aug 3, 2020, 6:26 PM
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Yes

EDIT: Is that even the most recent rendering for 725 W Randolph? It looks to be missing the office tower on the SW corner of the block.
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  #17688  
Old Posted Aug 3, 2020, 6:47 PM
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Quote:
Originally Posted by BuildThemTaller View Post

EDIT: Is that even the most recent rendering for 725 W Randolph? It looks to be missing the office tower on the SW corner of the block.
definitely an older rendering of 725.

not only is the office tower missing, but the height figure listed is wrong.

the most recent height for 725 is 52 floors | 542' (from when the project was approved back in february), not 58 floors | 615' as listed in that rendering.



in any event, it's very cool to see something finally proposed for that obnoxiously large surface lot to the south of R+D 659 (i used to live there a lifetime ago).

it also looks like they made a concerted effort not to block too many views/sunlight from 659, perhaps that will help mitigate some NIMBYism.
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  #17689  
Old Posted Aug 3, 2020, 7:17 PM
rivernorthlurker rivernorthlurker is offline
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Originally Posted by spyguy View Post
Missed earlier post about this. Wow, East side of the expressway. We already have a river canyon - Now we're starting a Kennedy Canyon.
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  #17690  
Old Posted Aug 3, 2020, 7:41 PM
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The fulton market boom is so big that now its pushing back to the east
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  #17691  
Old Posted Aug 3, 2020, 7:55 PM
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I like it

I'm happy it wasnt an all glass tower, I also like the openess at the bottom of the tower, the top of the tower looks like its gonna have some great views

Build it
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  #17692  
Old Posted Aug 3, 2020, 8:51 PM
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Originally Posted by rivernorthlurker View Post
Missed earlier post about this. Wow, East side of the expressway. We already have a river canyon - Now we're starting a Kennedy Canyon.
All the more reason to start seriously thinking about capping the Kennedy. You start building park space over there, and watch the surface lots both east and west (which there are still plenty) of the Kennedy evaporate. It's too close to everything good, transit, nightlife, restaurants, you add parks and it's checkmate.
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  #17693  
Old Posted Aug 3, 2020, 9:44 PM
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The fulton market boom is so big that now its pushing back to the east
This made me laugh sooooo hard

Thank you
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  #17694  
Old Posted Aug 3, 2020, 11:00 PM
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Interesting. Where is the parking? The podium looks like retail on the ground floor and amenities on Level 2 (with some seriously tall floor-to-floor heights).

Even with TOD, a tower of this size will need a good number of parking spots. Maybe they squeezed it into the west half of the podium where it is hidden in the rendering (and overlooks the expressway)... or maybe they're planning to dig down.

Unfortunately this is in the 42nd Ward (Reily) and not 27th (Burnett) so I expect there will be a long, agonizing public process before any approvals are issued...
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  #17695  
Old Posted Aug 3, 2020, 11:34 PM
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Quote:
Originally Posted by ardecila View Post
Interesting. Where is the parking? The podium looks like retail on the ground floor and amenities on Level 2 (with some seriously tall floor-to-floor heights).

Even with TOD, a tower of this size will need a good number of parking spots. Maybe they squeezed it into the west half of the podium where it is hidden in the rendering (and overlooks the expressway)... or maybe they're planning to dig down.

Unfortunately this is in the 42nd Ward (Reily) and not 27th (Burnett) so I expect there will be a long, agonizing public process before any approvals are issued...
It’ll be less agonizing than anything in Streeterville because there are less rich brats to complain.
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  #17696  
Old Posted Aug 4, 2020, 12:36 AM
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Never underestimate the ability of rich brats to crawl out of the woodwork. And even if there isn't serious opposition from the neighbors, Reilly will sometimes throw up roadblocks based on his own subjective opinion of density or traffic.
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  #17697  
Old Posted Aug 4, 2020, 3:40 AM
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Originally Posted by ardecila View Post
Never underestimate the ability of rich brats to crawl out of the woodwork. And even if there isn't serious opposition from the neighbors, Reilly will sometimes throw up roadblocks based on his own subjective opinion of density or traffic.
If you raise traffic objections about a building next to the highway you would look ridiculous.
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  #17698  
Old Posted Aug 4, 2020, 3:58 AM
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If you raise traffic objections about a building next to the highway you would look ridiculous.
Since when has Panderman Reilly ever been concerned with looking ridiculous?
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  #17699  
Old Posted Aug 4, 2020, 4:44 AM
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A friend shot this to me on 170 N. Green.

I don't have Instagram...



https://www.instagram.com/p/CDcucoMAgO4/
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Last edited by BVictor1; Aug 4, 2020 at 5:44 AM.
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  #17700  
Old Posted Aug 4, 2020, 4:52 AM
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Originally Posted by BVictor1 View Post
A friend shot this to me on 170 N. Green.

I don't have Instagram...

[IMG]file:///Users/bvictoradams/Downloads/IMG_0968.jpg[/IMG]

https://www.instagram.com/p/CDcucoMAgO4/
That is one fugly proposal. Hope that's just placeholder
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