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  #6721  
Old Posted Jan 31, 2017, 10:39 PM
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ithakas ithakas is offline
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Originally Posted by Lakeviewguy View Post
No doubt Cat is moving to the burbs. I see an Oak Brook or possibly the old Kraft space in Glenview. The execs are going to be Hinsdale/Western Springs types. They won't want to pay for parking in the city.
I don't know – I think you're right about personality types, but I also know they've been working closely with Brad Keywell and Uptake, so maybe they'll go somewhere in the city.
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  #6722  
Old Posted Jan 31, 2017, 10:52 PM
Justin_Chicago Justin_Chicago is offline
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I hope everyone here realizes CAT is only moving 100-300 positions (executive staff and some corporate functions like Finance/Treasury/Investor Relations, etc.). This is likely 2-3 floors. I am sure there are many office buildings around the Loop with this availability. The main back-office corporate function stays in Peoria. The existing McDonald's HQ and previous Kraft HQ would require a full company HQ move to fill that much space. Also, CAT currently has their Digital & Analytics department based in the Merchandise Mart.

In regards to the executive team, CAT has a new CEO. Doug Oberhelman retired last year. If ADM executives can handle the City of Chicago, I am sure CAT executives can.

Article: http://www.chicagotribune.com/busine...31-column.html

"Such moves are expected to make these old-line companies more attractive to an increasingly urban-based and culturally diverse workforce that's digitally adroit and eager to do business on a worldwide scale."

"Many of Caterpillar's senior leaders have spent many years at the firm and have been rotated throughout the business," Keith Schoonmaker, Morningstar analyst, wrote in a recent report. "Increasingly, however, the company has sought to hire people from outside of the heavy equipment industry."
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  #6723  
Old Posted Feb 1, 2017, 12:54 AM
chicubs111 chicubs111 is offline
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Originally Posted by i_am_hydrogen View Post
An intriguing development...

The Gap is closing its big store on State Street, and signs suggest a new tower could replace it.

https://www.dnainfo.com/chicago/2017...store-february
For some reason everytime i see this site i feel like a building like trump tower in NYC (dont freak out..just the complimenting the building) would be the perfect fit/style for that lot were Gap is ... and great presence that just energerizes at street level..

http://www.trumptowerny.com/wp-conte...ut_history.jpg

https://upload.wikimedia.org/wikiped...lower_part.jpg

Last edited by Tom In Chicago; Feb 1, 2017 at 11:15 PM. Reason: unsourced image
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  #6724  
Old Posted Feb 1, 2017, 1:43 AM
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Originally Posted by ithakas View Post
Yessss! Have been waiting for this forever. Hopefully Georgetown is working on something bold for the site.
You should see what they've built in New York.
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  #6725  
Old Posted Feb 1, 2017, 1:44 AM
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New 18 story tower proposed in Oak Park.

http://www.oakpark.com/News/Articles...ower-proposal/
The Nimbys are rabid.
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  #6726  
Old Posted Feb 1, 2017, 1:58 AM
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January 24, 2017

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  #6727  
Old Posted Feb 1, 2017, 1:58 AM
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  #6728  
Old Posted Feb 1, 2017, 1:59 AM
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January 24, 2017

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  #6729  
Old Posted Feb 1, 2017, 2:00 AM
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January 31, 2017



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  #6730  
Old Posted Feb 1, 2017, 2:00 AM
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  #6731  
Old Posted Feb 1, 2017, 2:00 AM
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ithakas ithakas is offline
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Quote:
Originally Posted by munchymunch View Post
You should see what they've built in New York.
Yeah, I've tried to research them a bit but they seem to have a minimal online presence. I know they were involved in K2 here (bought it from Fifield?), but don't know much about their work in NY, aside from some involvement in the IAC Building.
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  #6732  
Old Posted Feb 1, 2017, 2:02 AM
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Originally Posted by munchymunch View Post
New 18 story tower proposed in Oak Park.
Quote:
Eckberg questioned whether another high-rise building is appropriate for downtown.

"Do we need another tall building; we already have two here," she said.
Lol.
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  #6733  
Old Posted Feb 1, 2017, 2:08 AM
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Originally Posted by SolarWind View Post

This is an amazing shot. Can't wait for the West Loop near Lake Street to look like this in a year.
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  #6734  
Old Posted Feb 1, 2017, 2:12 AM
Rocket49 Rocket49 is offline
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Quote:
Originally Posted by r18tdi View Post
Looks like it's zoned DX-16.
I checked online and see that DX-16 translates to "downtown mixed use" with a floor area ratio of 16.

How does a floor area ratio of 16 translate to a possible max height for a building on the lot?
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  #6735  
Old Posted Feb 1, 2017, 2:22 AM
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  #6736  
Old Posted Feb 1, 2017, 2:26 AM
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  #6737  
Old Posted Feb 1, 2017, 2:52 AM
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No news. I just happened to be in the area.
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  #6738  
Old Posted Feb 1, 2017, 2:58 AM
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Quote:
Originally Posted by SolarWind View Post
January 30, 2017



No news. I just happened to be in the area.
Some day.

Some day.
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  #6739  
Old Posted Feb 1, 2017, 5:17 AM
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KWILLSKYLINE KWILLSKYLINE is offline
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I didnt realize that the spire hole was that full of water. 3 years from now it will be a full pool overflowing. I know its been discussed before but with that much water, the core foundation has got to be fucked from water damage.
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  #6740  
Old Posted Feb 1, 2017, 8:01 AM
Rocket49 Rocket49 is offline
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Originally Posted by KWILLSKYLINE View Post
I didnt realize that the spire hole was that full of water. 3 years from now it will be a full pool overflowing. I know its been discussed before but with that much water, the core foundation has got to be fucked from water damage.
Wouldn't the people who worked on the Spire have sealed off what needed to be sealed before things were put into hold?

I would assume they were hoping work would eventually resume on the Spire so the developer would want to protect their investment as best they could.
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