CHICAGO | One Chicago | 971 FT & 574 FT | 78 & 49 FLOORS - Page 25

Stunnies23 · #**481** Posted **Jan 18, 2018, 6:26 PM**

From the Chicago department of planning and development twitter feed
https://mobile.twitter.com/ChicagoDPD

“The Commission approves One Chicago Square at 740 N. State, which will be Chicago's sixth tallest building upon completion.The $500 million project has two towers, the taller of which will be 1,011 feet and 76 stories.”

“To achieve that density, the developer is paying $13.2 million into the Neighborhood Opportunity Bonus system. More than $10.5 million of those funds will support retail growth in under-served neighborhoods, and $1.32 million will support improvements at the nearby Seneca Park.”

“The entire structure will include up to 869 residential units. The developer will fulfill a 22 unit on-site affordable requirement across the street at Lawson House. An additional $11.37 million will be paid into the affordable housing fund, the largest ever such payment.”

“The developer has committed to hiring 26% minority-owned and 6% women-owned firms, and has committed that 50% of its construction workers will be Chicago residents. The project will create between 1,500 and 2,000 construction jobs.”

BVictor1 · #**482** Posted **Jan 18, 2018, 6:34 PM**

Updated renderings and setbacks...

The Pimp · #**483** Posted **Jan 18, 2018, 6:38 PM**

Great news! So, now that we're all excited. How long before we know that this project will break ground?

k1052 · #**484** Posted **Jan 18, 2018, 6:51 PM**

Four months from breaking cover to plan commission approval...wowza.

rlw777 · #**485** Posted **Jan 18, 2018, 6:56 PM**

That second tower looks a whole lot better with the added height a couple of added setbacks and some better detailing.

NEW

OLD

NEW

OLD

Steely Dan · #**486** Posted **Jan 18, 2018, 7:33 PM**

Quote:

Originally Posted by rlw777

That second tower looks a whole lot better with the added height a couple of added setbacks and some better detailing.

it sure does. looking at the before and afters, i get the sense that the 2nd tower wasn't fully ready for prime time when the project was first made public back in october.

the extra setbacks really make the composition of the whole project hold together much better.

jc5680 · #**487** Posted **Jan 18, 2018, 7:47 PM**

In the new rendering is the southwest corner now cantilevered over that restaurant?

BVictor1 · #**488** Posted **Jan 18, 2018, 7:48 PM**

BTW... the 1,012’ doesn’t include the mechanical screening.

Steely Dan · #**489** Posted **Jan 18, 2018, 7:54 PM**

Quote:

Originally Posted by BVictor1

BTW... the 1,012’ doesn’t include the mechanical screening.

interesting. scaling the rendering, the mechanical screening comes out to ~34', which would take this one up to ~1,046', putting it SOLIDLY in supertall territory.

donnie · #**490** Posted **Jan 18, 2018, 8:42 PM**

This thing looks much better at the top now, more proportionate!

Awesome news everyone, you can find me ag the foundation pouring later this year!

F1 Tommy · #**491** Posted **Jan 18, 2018, 8:44 PM**

Really nice, looks very Gotham.

tm30 · #**492** Posted **Jan 18, 2018, 8:56 PM**

The view coming in on the Kennedy is going to be spectacular. Wow.

Kumdogmillionaire · #**493** Posted **Jan 18, 2018, 9:05 PM**

Quote:

Originally Posted by Steely Dan

nice!

all systems pointing toward chicago's 6th bonafide supertall rising soon.

Don't you mean 8th supertall, or are you talkin smack about the Franklin Center and Prudential II?

Steely Dan · #**494** Posted **Jan 18, 2018, 9:20 PM**

Quote:

Originally Posted by Kumdogmillionaire

Don't you mean 8th supertall

yes, the 8th technical supertall, but only the 6th bonafide supertall.

the CTBUH is entitled to their opinion and i'm entitled to mine.

OhioGuy · #**495** Posted **Jan 18, 2018, 9:23 PM**

Very exciting news on this great looking supertall development!

Just had a job interview two days ago for a potential return to Chicago after 8.5 years away, so perhaps I'll be able to watch this rise in person!

BVictor1 · #**496** Posted **Jan 18, 2018, 10:15 PM**

Quote:

Originally Posted by Steely Dan

interesting. scaling the rendering, the mechanical screening comes out to ~34', which would take this one up to ~1,046', putting it SOLIDLY in supertall territory.

Same thing for the shorter building, 654' doesn't include the mechanical screen.

Steely Dan · #**497** Posted **Jan 18, 2018, 10:26 PM**

^ thanks. i scaled the mechanical screen on the shorter tower and came up with ~36'.

that would take the shorter tower to ~690'.

left of center · #**498** Posted **Jan 18, 2018, 10:51 PM**

This is exciting! Its starting to feel like the mid 00's boom all over again!

I really hope that all these newly approved projects break ground/rise/top out before we get any economic hiccups... we definitely don't want to have a repeat of Waterview

BVictor1 · #**499** Posted **Jan 18, 2018, 11:11 PM**

January 18, 2018 PLAN COMMISSION

-4 levels of below grade parking

-$11.375Million for Neighborhood Opportunity Fund

-Looking at Lend Lease and Power as GC

-Late October or Early November groundbreaking?

-1 year of work under ground.

-Core and shell of both buildings done in 36 months with total completion in 42 months

r18tdi · #**500** Posted **Jan 18, 2018, 11:18 PM**

Very thorough. Any word on their construction loan?