CHICAGO | Highrise Projects & Construction, v7 - Page 772

rivernorthlurker · #**15421** Posted **Aug 26, 2019, 3:03 PM**

Quote:

Originally Posted by Skyguy_7

^It doesn't suck. But nothing spectacular:

Building/form is plain but the street level looks nice and should hopefully add a more current/modern feel to Michigan Ave.

bhawk66 · #**15422** Posted **Aug 26, 2019, 3:23 PM**

Quote:

Originally Posted by rivernorthlurker

Building/form is plain but the street level looks nice and should hopefully add a more current/modern feel to Michigan Ave.

It depends on materials, of course, but those horizontal bands could have a very positive effect if not done cheaply. Making a rather un-extraordinary box look rather striking.

Chisouthside · #**15423** Posted **Aug 26, 2019, 3:25 PM**

Definitely should have it's own thread.

Skyguy_7 · #**15424** Posted **Aug 26, 2019, 3:25 PM**

Quote:

Originally Posted by rivernorthlurker

Building/form is plain but the street level looks nice and should hopefully add a more current/modern feel to Michigan Ave.

^ Agreed. What will look spectacular is the Carbide & Carbon building juxtaposed between this new one and MILA

the urban politician · #**15425** Posted **Aug 26, 2019, 3:27 PM**

Quote:

Originally Posted by Skyguy_7

^ Agreed. What will look spectacular is the Carbide & Carbon building juxtaposed between this new one and MILA

I started a new thread for 300 N Michigan here:

http://forum.skyscraperpage.com/show...92#post8669192

SamInTheLoop · #**15426** Posted **Aug 26, 2019, 7:07 PM**

In addition to 300 N Michigan, I would think demo should begin very soon at the 50 E Randolph project. Construction loan landed for that 1-2 months back if I recall....

BonoboZill4 · #**15427** Posted **Aug 27, 2019, 3:25 AM**

Quote:

Originally Posted by SamInTheLoop

In addition to 300 N Michigan, I would think demo should begin very soon at the 50 E Randolph project. Construction loan landed for that 1-2 months back if I recall....

Internal demolition has started already I think. I've seen some small machinary making a mess and a lot of noise in there

gebs · #**15428** Posted **Aug 27, 2019, 4:20 PM**

Construction begins on third and final Old Town Park apartment high-rise

Is it just me or is this multi-phase development friggin' SPRINTING to the finish line? Even Riverline is taking its time, but this one seems poised to have the entire thing done in record time.

ardecila · #**15429** Posted **Aug 27, 2019, 4:40 PM**

Quote:

Originally Posted by gebs

Construction begins on third and final Old Town Park apartment high-rise

Is it just me or is this multi-phase development friggin' SPRINTING to the finish line? Even Riverline is taking its time, but this one seems poised to have the entire thing done in record time.

Onni must have strong financial backing... but they've also got the luxury of a prime location, close to the Red Line and Wells St nightlife. It's a Millennial's dream, I imagine leasing must be strong. I met a guy at the Phase I tower to pick up a Turo rental car, and the lobby was so bustling it was like Grand Central Station.

Unfortunately, there's still nobody to take the huge retail space in the Phase I tower... it was intended for a grocery, but you can literally spit and hit two different Jewels and Plum Market. Target is also not far, so I don't know who would take a space that large.

RedCorsair87 · #**15430** Posted **Aug 27, 2019, 5:01 PM**

It's debatable, but this neighborhood is more exciting and active than Riverline/South Loop. That should change with the completion of the OPO, BMO Tower, Sears Tower renovation, and if The 78 ever gets off the ground...

SamInTheLoop · #**15431** Posted **Aug 27, 2019, 9:19 PM**

^ It's a different type of neighborhood to live in. More activity, more mixed-use streetlife, more noise, more congestion. I would not attribute this as to why Old Town Park is on a fast track development schedule relative to SouthBank/Riverline.

LouisVanDerWright · #**15432** Posted **Aug 27, 2019, 11:52 PM**

Omni also has a shit load of tenants on a waiting list through the buildings they are replacing. Wasn't Atrium Village an affordable housing facility to begin with? This project will undoubtly fill a huge backlog through that connection alone.

SamInTheLoop · #**15433** Posted **Aug 28, 2019, 2:10 AM**

^ That was a pretty plum development to land for them.

Perhaps just a really smart play. I'm not too familiar with Onni, although I should be, given how active they've become in Chicago.

KOgc · #**15434** Posted **Aug 28, 2019, 2:12 PM**

Does Onni officially have the Greyhound site on Halsted too? I know they were considering purchasing it. Would be awesome if that was the next thing they moved on.....

k1052 · #**15435** Posted **Aug 28, 2019, 2:35 PM**

Quote:

Originally Posted by LouisVanDerWright

Omni also has a shit load of tenants on a waiting list through the buildings they are replacing. Wasn't Atrium Village an affordable housing facility to begin with? This project will undoubtly fill a huge backlog through that connection alone.

Private mixed income. Onni had to tear down 100 or so low rise units which will mostly be replaced in the 2nd and 3rd towers, IIRC.

k1052 · #**15436** Posted **Aug 28, 2019, 2:38 PM**

Quote:

Originally Posted by KOgc

Does Onni officially have the Greyhound site on Halsted too? I know they were considering purchasing it. Would be awesome if that was the next thing they moved on.....

I think this got done earlier this year at a lower price point after getting hung up on the pumped up ARO.