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  #22521  
Old Posted May 16, 2023, 9:13 PM
emailspyro@gmail.com emailspyro@gmail.com is offline
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If it’s GW we can expect a strip mall. They totally don’t get they are in an urban setting. Look at North and Western as an example of what you will get here
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  #22522  
Old Posted May 17, 2023, 2:42 AM
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Phil Denny is already prepping for the expansion of West Loop to Damen Ave.

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After closing his latest acquisition to complete an assemblage between the 1700 and 1800 blocks of West Lake Street, the sole owner of Peppercorn Capital, one of the West Loop’s largest land owners, said he wants to be known as a “wealthy clown.”
....
Denny, who’s been bullish on the Near West Side for more than 15 years, says his vision for the property, which he plans to sell to a developer, hinges on the city one day approving zoning for a residential high-rise in the district, currently an industrial area. With a new Green Line ‘L’ stop on Damen Avenue set for completion next year and the thriving Illinois Medical District nearby, he’s confident his prediction of more housing density getting allowed in the area will pay off.
....
“It’s more about my conviction level that that’s a foregone conclusion. It may not happen for five years, but if it does, I will have the property necessary to assemble for development,” Denny said. “Infill is happening from all three sides in this area, from the west of United Center, east from Fulton Market, and south from the medical district. That’s why I think a zoning change is inevitable.”
https://therealdeal.com/chicago/2023...nd-stretching/
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  #22523  
Old Posted May 17, 2023, 1:20 PM
WestTowner WestTowner is offline
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Originally Posted by Randomguy34 View Post
Phil Denny is already prepping for the expansion of West Loop to Damen Ave.
http://illinoissunshine.org/search/?...arch_date__le=

http://illinoissunshine.org/search/?...arch_date__le=


Wonder why he is giving so much to Burnett? Probably just likes his stance on crime.
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  #22524  
Old Posted May 17, 2023, 5:00 PM
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^ "Deeply corrupt but still semi-functional - it's the Chicago way." -- Barrelfish
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  #22525  
Old Posted May 17, 2023, 5:04 PM
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Scott Goodman with regards to 120 N Racine:
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Goodman is also mulling what could be a 1 million-square-foot redevelopment of the control center CTA is leaving behind in the Fulton Market District, where Sterling Bay made its name and is trying to jump-start more projects.
https://www.chicagobusiness.com/comm...ofile-projects
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  #22526  
Old Posted May 20, 2023, 12:35 PM
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1114 W. Carroll

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  #22527  
Old Posted May 21, 2023, 3:13 AM
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1245 W. Fulton/225 N. Elizabeth

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  #22528  
Old Posted May 21, 2023, 5:52 AM
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JDL Getting involved with another FM project.



Zoom Link: https://us02web.zoom.us/webinar/regi...#/registration
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  #22529  
Old Posted May 21, 2023, 2:04 PM
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Originally Posted by emailspyro@gmail.com View Post
If it’s GW we can expect a strip mall. They totally don’t get they are in an urban setting. Look at North and Western as an example of what you will get here
Dude, the land costs in West Loop are astronomical. It's one of the hottest urban neighborhoods in the country. You can't possibly build a strip mall, it wouldn't be profitable.

GW does do a lot of suburban-style retail, but that doesn't mean they're doing that here. GW and Mavrek are also partners on 218 E Grand which is a proper urban highrise. Not sure why they're involved. Maybe they just think it's a good investment, maybe they want to gain experience with more complex deals. Maybe they have good relationships with QSRs and other chains so they can get a quick lease-up of the ground floor retail spaces.

If you're worried about a bad outcome, though, I could see them doing a Loop-style 12-story parking garage here with ground-floor retail. There seems to be a growing sense among developer types that West Loop is under-parked.
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  #22530  
Old Posted May 21, 2023, 2:29 PM
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Originally Posted by Randomguy34 View Post
^ "Deeply corrupt but still semi-functional - it's the Chicago way." -- Barrelfish
Witnessing other big cities like NYC and LA continually beclown themselves on the development front I'm still hard pressed to complain about the outcomes for Chicago. Our corruption still largely results in something tangible that people actually really need, housing in this case.
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  #22531  
Old Posted May 21, 2023, 5:53 PM
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Our system only works in the face of relatively modest demand. If we ever truly had housing demand spike to coastal levels, I think we would eventually have the same supply crunch and we would be similarly beclowning ourselves. It would take awhile, because the South and West Sides have so much vacancy/abandonment.

Per 2018 data here (helpful because it is city-level, not MSA):
https://www.governing.com/archive/ci...ta-totals.html

Chicago and NYC are building about the same rate per capita at 23-24 units for every 10,000 residents. LA is in a higher tier at 40 units for every 10k residents, despite the awful narrative on Twitter. For large cities, the best performers are predictably Sun Belt cities like Atlanta, Austin, Orlando with over 100 units per 10k residents. Outside of the Sun Belt the best performers are Denver, Seattle, Oakland, Jersey City.
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  #22532  
Old Posted May 21, 2023, 10:43 PM
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Originally Posted by ardecila View Post
Our system only works in the face of relatively modest demand. If we ever truly had housing demand spike to coastal levels, I think we would eventually have the same supply crunch and we would be similarly beclowning ourselves. It would take awhile, because the South and West Sides have so much vacancy/abandonment.

Per 2018 data here (helpful because it is city-level, not MSA):
https://www.governing.com/archive/ci...ta-totals.html

Chicago and NYC are building about the same rate per capita at 23-24 units for every 10,000 residents. LA is in a higher tier at 40 units for every 10k residents, despite the awful narrative on Twitter. For large cities, the best performers are predictably Sun Belt cities like Atlanta, Austin, Orlando with over 100 units per 10k residents. Outside of the Sun Belt the best performers are Denver, Seattle, Oakland, Jersey City.
Might there be a bit more complaining from the NIMBYs if the city doubled or tripled its housing production rate? Probably. The city government however however largely views the issue as a matter of securing the revenues the city needs to run and doesn't have the luxury (or short sightedness arguably of places like SF) to just tell residential developers to get lost.
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  #22533  
Old Posted May 22, 2023, 11:36 PM
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The Dylan - 160 N Morgan

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  #22534  
Old Posted May 23, 2023, 6:04 AM
gandalf612 gandalf612 is offline
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Quote:
Originally Posted by ardecila View Post
Our system only works in the face of relatively modest demand. If we ever truly had housing demand spike to coastal levels, I think we would eventually have the same supply crunch and we would be similarly beclowning ourselves. It would take awhile, because the South and West Sides have so much vacancy/abandonment.

Per 2018 data here (helpful because it is city-level, not MSA):
https://www.governing.com/archive/ci...ta-totals.html

Chicago and NYC are building about the same rate per capita at 23-24 units for every 10,000 residents. LA is in a higher tier at 40 units for every 10k residents, despite the awful narrative on Twitter. For large cities, the best performers are predictably Sun Belt cities like Atlanta, Austin, Orlando with over 100 units per 10k residents. Outside of the Sun Belt the best performers are Denver, Seattle, Oakland, Jersey City.
Wouldn't units per NEW residents be a far more useful metric? Like sure maybe LA builds 2x as many units but it added 100k residents between 2010 and 2020, while Chicago added... 50k, so in terms of keeping up with demand they're doing exactly the same
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  #22535  
Old Posted May 24, 2023, 4:10 PM
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Not another dumb ceiling mural! Say it ain't so!!
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  #22536  
Old Posted May 24, 2023, 4:32 PM
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Artist is Emmy Star Brown, if that means anything to anyone. Do we know why they are calling this 160 Morgan "The Dylan?" Does the brand have any relevance, or did ownership just like the name?
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  #22537  
Old Posted May 25, 2023, 1:41 PM
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375 N. Morgan

-plan commission this summer

-park in between site

-16,000 sq ft of public accessible open space

-Lasko has chosen JDL and Jim Letchinger to help develop the project.

-I asked Jim Letchinger which project would start first, this or 1201 W. Fulton because he's working with that developer too. He said the 1201 project would probably begin first and that probably wouldn't happen until early next year. He said the market needs to thaw...











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  #22538  
Old Posted May 25, 2023, 3:40 PM
BuildThemTaller BuildThemTaller is offline
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Not another dumb ceiling mural! Say it ain't so!!
What's wrong with ceiling murals?
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  #22539  
Old Posted May 25, 2023, 8:30 PM
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Originally Posted by gandalf612 View Post
Wouldn't units per NEW residents be a far more useful metric? Like sure maybe LA builds 2x as many units but it added 100k residents between 2010 and 2020, while Chicago added... 50k, so in terms of keeping up with demand they're doing exactly the same
You're making my point for me. This started with k1052 claiming we were doing a better job building than LA or NYC. But we really aren't posting bigger numbers, we just don't have the same hysterical politics around growth.

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What's wrong with ceiling murals?
Yeah I like them. These big loggia spaces are a nice addition to all these towers and really create a lot of richness, especially compared to the big dumb vertical shafts that clutter River North.

They need to do something with the ceiling of these spaces since they're so prominent, and murals provide an opportunity to add all kinds of artistic colors and forms into the mix. The tools that architects have for this kind of condition are limited, especially when there's a tight budget involved. We'd all love to build a sculptural cathedral ceiling, but usually it's cheaper to do the Sistine Chapel. Also just thinking out loud, these underbelly surfaces don't get a lot of UV exposure so the murals should remain bright and vibrant for many years if they are cleaned regularly.
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  #22540  
Old Posted May 26, 2023, 4:40 AM
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357 N Green has received a height bump. We should probably now give this project it's own thread

Quote:
A proposed Business Planned Development, submitted by Onni 357 North Green LLC, for the property generally located at 357-359 North Green Street. The applicant proposes to combine and rezone two sites, a northern site, currently zoned M3-3 (Heavy Industry District) and a southern site, previously Subarea E of PD 643, to DX-7 (Downtown Mixed-Use District) underlying and then to a Business Planned Development. The applicant proposes to construct a 495’-tall office building with amenity space on the upper floors, ground floor commercial space, and open space plazas. A maximum of 329 parking spaces, and a minimum of 50 bicycle parking spaces are proposed. A 4.5 FAR (Floor Area Ratio) bonus will be taken and the overall FAR of the planned development will be 11.5.
https://www.chicago.gov/city/en/dept...n_Hearing.html
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