CHICAGO | General Developments - Page 2264

gebs · #**45261** Posted **Jun 21, 2019, 1:55 PM**

Spot on.

Every NIMBY's speech at a public hearing by McSweeneys

I could pick out some choice quotes, but there are too many to cite.

moorhosj · #**45262** Posted **Jun 21, 2019, 2:25 PM**

Quote:

Originally Posted by Skyguy_7

It will likely do both, but my question is what does one have to do with the other? In a free market, there will always be "inequality". Winners and losers. The lucky and the not-so-lucky. What does "wealth inequality" even matter? If we all had equal wealth, who would be making major investments and creating jobs like we see at Vista Tower, One Chicago, Lakeshore East, Amazon distribution centers, factories, etc.

Your first embedded assumption is that what we have today is truly a "free market". Your whole comment rides on that belief and I'm not so sure it is true. I see subsidies, government intervention, regulatory capture and negative externalities all over the place. One only needs to look at the concept of super PACs to see how the wealthiest among us have changed the rules to benefit themselves.

The second assumption is the strawman that people are arguing for "equal wealth". The primary argument I have seen is that wealth inequality has grown significantly over the past 40 years and it is reaching historic levels. This is bad long-term for the economy because it hurts the purchasing power of a large portion of society and our economy is built on consumer spending.

This is why even billionaires are sounding the alarm on the dangers of inequality.

AlexanderRek · #**45263** Posted **Jun 21, 2019, 4:38 PM**

Just found these new renderings of the Wicker Park Hyatt Place. Looking alot better and those are from Jul 2017. https://hyatt.hospitalityonline.com/...ce-wicker-park

ChiTownWonder · #**45264** Posted **Jun 21, 2019, 5:11 PM**

Quote:

Originally Posted by the urban politician

Harold Ickes Homes 1st phase construction to begin late summer:

https://therealdeal.com/chicago/2019...redevelopment/

Sorry to bring up old news but honestly this could have received more attention! I'm anxious to see how this model of housing works out for the city and developer, hopefully it can encourage more developments like this with nice density and respectful the pre-existing grid. Also I believe this is the largest swath of vacant land between the Loop and the Stevenson (save for the 78) so this will be huge for the area!

trvlr70 · #**45265** Posted **Jun 21, 2019, 6:27 PM**

Why do we suppose that the several plots of land adjacent to the Presidential Towers have remained surface lots and not succumbed to redevelopment pressure? Given their location, I find it strange.

aaron38 · #**45266** Posted **Jun 21, 2019, 6:39 PM**

Hip West Loop locations being used in college advertisements. I think this was DePaul.

maru2501 · #**45267** Posted **Jun 21, 2019, 7:09 PM**

^they don't have drinks because they can't afford them

SamInTheLoop · #**45268** Posted **Jun 21, 2019, 8:59 PM**

Quote:

Originally Posted by moorhosj

Your first embedded assumption is that what we have today is truly a "free market". Your whole comment rides on that belief and I'm not so sure it is true. I see subsidies, government intervention, regulatory capture and negative externalities all over the place. One only needs to look at the concept of super PACs to see how the wealthiest among us have changed the rules to benefit themselves.

The second assumption is the strawman that people are arguing for "equal wealth". The primary argument I have seen is that wealth inequality has grown significantly over the past 40 years and it is reaching historic levels. This is bad long-term for the economy because it hurts the purchasing power of a large portion of society and our economy is built on consumer spending.

This is why even billionaires are sounding the alarm on the dangers of inequality.

Exceptionally well-stated. In this day, if you're arguing otherwise, it's due to 1) naivete or 2) bad faith. May be some overlap.

JK47 · #**45269** Posted **Jun 21, 2019, 11:04 PM**

Quote:

Originally Posted by jc5680

Interesting project I was unaware of - via DPD twitter

Oh that is a huge upgrade from the current building.

Busy Bee · #**45270** Posted **Jun 21, 2019, 11:24 PM**

Quote:

Originally Posted by Skyguy_7

It will likely do both, but my question is what does one have to do with the other? In a free market, there will always be "inequality". Winners and losers. The lucky and the not-so-lucky. What does "wealth inequality" even matter? If we all had equal wealth, who would be making major investments and creating jobs like we see at Vista Tower, One Chicago, Lakeshore East, Amazon distribution centers, factories, etc.

Ayn, is that you you heartless louse?

No one is advocating a Stalinist notion of "equal wealth". That's just a ridiculous suggestion. A social market economy should ideally encourage capitalism to work for everyone to the best of it's potential. That should, you know, prioritize that the masses of grunts that you seem to be suggesting be required to remain poor for the betterment of those that they are producing wealth for, should at least make enough money that they could have something that resembles a life for themselves and their children. But hey, maybe that's just asking too much in the richest fucking country in the world.

BonoboZill4 · #**45271** Posted **Jun 22, 2019, 6:41 PM**

And some warm sunrise shots for dessert after all these posts of buildings today

harryc · #**45272** Posted **Jun 22, 2019, 10:07 PM**

Quote:

Originally Posted by BonoboZill4

Great shot - one of my daughters is crewing on that big sailing ship (the Windy).

BonoboZill4 · #**45273** Posted **Jun 22, 2019, 10:43 PM**

^ that's gotta be a super cool job! Tell her to take some pictures from the galley when on the lake next time

harryc · #**45274** Posted **Jun 23, 2019, 12:07 AM**

Quote:

Originally Posted by BonoboZill4

^ that's gotta be a super cool job! Tell her to take some pictures from the galley when on the lake next time

She mans a sail (or sails) - I will get some when she comps me onboard one day.

harryc · #**45275** Posted **Jun 23, 2019, 3:35 AM**

June 10

Chicago | 1001 W Fulton by Harry Carmichael, on Flickr

harryc · #**45276** Posted **Jun 23, 2019, 4:20 AM**

June 10

Chicago | 930 W Fulton by Harry Carmichael, on Flickr

harryc · #**45277** Posted **Jun 24, 2019, 2:05 AM**

June 10

Chicago | 905 W Fulton by Harry Carmichael, on Flickr

harryc · #**45278** Posted **Jun 24, 2019, 10:07 AM**

June 10

Chicago | 939 W Fulton by Harry Carmichael, on Flickr

harryc · #**45279** Posted **Jun 24, 2019, 10:52 AM**

June 10

1100 something W Fulton - appears to be seperate from 1100 W Fulton

Chicago | 1100 W Fulton by Harry Carmichael, on Flickr

1040 W Fulton

Chicago | 1040 W Fulton by Harry Carmichael, on Flickr

Skyguy_7 · #**45280** Posted **Jun 24, 2019, 1:19 PM**

Quote:

Originally Posted by harryc

June 10

Chicago | 930 W Fulton by Harry Carmichael, on Flickr

Beautiful brickwork! Harry, can you recall whether this was a facadectomy or just repurposed brick? It's so clean that it almost looks like entirely new construction, including new limestone. Gorgeous.