Cross posting this with the Finance and Economy thread:
Quote:
Here's A First Look At Goose Island's Newest High-Tech Hub
Developer South Street Capital is moving forward with its plan to convert a vacant 285,000 square foot industrial facility into high-tech office space and retail in the heart of Goose Island. The development, along with UI Labs new Digital Manufacturing and Design Innovation Institute, are more indicators that the man-made island is transforming into one of the city's most important technology hubs. Dubbed 909 West Bliss, the complex will have room for around 500 tech employees and also feature roughly 10-15,000 square feet of commercial/retail space. Designed by Hartsthorne Plunkard Architecture, the new facility will offer a number of amenities aimed at attracting a high profile tech tenant, including large green roofs, indoor bike parking, a fitness center and LEED certification. Once the facility has secured an anchor tenant, South Street Capital hopes to proceed with the buildout at a fast clip.
Tons more including additional renderings at Curbed:
http://chicago.curbed.com/archives/2...ghtech-hub.php
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The changes occurring downtown are really exciting. The tech boom is really getting big and it seems developers are now copying Sterling Bay's Fulton Cold Storage model as well as the Montgomery Ward Warehouse model. Pretty soon we could have three massive business nodes in three historically significant mega-buildings (M. Ward, Merch Mart, Post Office) and a handful of smaller nodes (Goose Island, Fulton Market, etc). This is also looking like it might shape up to be the downfall of the PMD as it is becoming increasingly clear that Goose Island will gradually be turned into a tech hub. The half dozen or so tech institutes that are being proposed right now are only going to add fuel to this fire as they come online (Advanced Manufacturing on GI, IIT's engineering hub, U of I Tech Hub, etc). That's not to mention the incubators like 1871 which just announced they are adding 50% more space by the end of the year.
It might seem embryonic right now, but the sheer volume of early stage startups here is incredibly encouraging especially since we are finally building the business infrastructure necessary to retain these companies as they grow. 1871 has created 1,000 jobs so far spread over dozens of small companies, it is only a matter of time before a handful of those companies blow up and start growing into bigger companies that employ 1,000's of people instead of 10's of people.