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On a side note... I used to be very DESTROY the Dearborn developments. However, I started taking my dog through them on regular walks and I am actually really impressed with them(well, the southern part). SO many kids running around and families everywhere walking around. Like, if I had a family and wanted to live in the city I could see how the area would be so attractive. |
New renderings and Info:
https://www.78chicago.com/lease-offi...e/the-78-north The tallest tower in phase 1 is 230 Meters, and the shortest is 69 Meters. |
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It looks like Phase I will cover the portion from Roosevelt to 14th St, with the DPI being just south of that. It's gonna be kinda funny seeing +500' buildings cover Dearborn Park in shadows
https://i.imgur.com/oL777lS.png https://www.78chicago.com/sites/defa...&itok=AbOaqzMW Source: https://www.78chicago.com/lease-offi...e/the-78-north |
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also, just to clarify... the DPI building/15th st cta station will be built the same time as phase one? |
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This is really exciting, I wonder when we'll start seeing construction activity. I couldn't find that in the article.
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Right now it looks like DPI is the only actual building that is moving forward, the others will depend on leasing activity but Related is steering tenants to the NE corner where they are only a short walk from transit connections at Roosevelt. If they do end up building the Red Line station, the south half of the site will be a mess for years since Related will need to relocate or otherwise work around the active freight and Metra tracks that sit directly above the station site. |
DPI is going to make DPI-I and DPI-II look really silly.
(sorry, couldn't resist). |
I recall reading somewhere (Crains? Tribune?) that they are going to start the building at the far northwest parcel before lining up tenants... can't find the article now though. It was just a few weeks before The Great Pause, so maybe things have changed.
EDIT: Aha, found it a few pages ago The 78 lands a big tenant draw with DPI https://www.chicagobusiness.com/comm...enant-draw-dpi Quote:
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^ Yeah I doubt if they will be willing to build a 16-story building entirely on spec at this point. You only do that if you think tenants will come calling based on seeing actual hard construction. But tenants aren't calling anywhere now. Even the tenants with lease expirations and a ticking clock have in many cases negotiated short-term extensions to remain in place.
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What does DPI stand for? Department of Public Information?
This rendering rules btw, and to think it's only phase I :slob: https://s3-prod.chicagobusiness.com/...04.32%20AM.png |
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I'm saying that the build-out of Lakeshore East over the last 2 decades is a good guide for how things will unfold at The 78, since both are infrastructure-heavy, highrise developments with park space. |
Randomguy34 - "It looks like Phase I will cover the portion from Roosevelt to 14th St, with the DPI being just south of that. It's gonna be kinda funny seeing +500' buildings cover Dearborn Park in shadows"
I like the look of this - it could make Dearborn Park ever so faintly look like Central Park with tall buildings surrounding a low-lying area. Not a bad thing for that once forlorn/underdeveloped area of the city. . |
that's taller than I realized it was going to be
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Keep those dancing bananas backstage, guys. No one's pulling any building permits for anything other than Discovery Partners Institute.
I have confidence that General Mediterranean can wait out a substantial recession or two, but I'll have to dig out the 1991 renderings of what a huge development "LaSalle Park" was going to be. Instead it ended up being parceled out for the Target, Amli 900, Roosevelt Collection, and the British School. |
Yeah, huge skyline extender. That view from Navy Pier and approaching from the Stevenson or Dan Ryan from the south will be impressive. These towers aren't super interesting to me but the tallest in particular looks unique compared to other 700+ footers in the city with its "bipolar" facades and angular setbacks.
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[QUOTE=Zapatan;8900920]What does DPI stand for? Department of Public Information?
Its the collaboration with Univ of Ill's Discovery Partners Institute |
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Good news they're still actively moving along with design!
Big U of I research center moves ahead https://www.chicagobusiness.com/educ...er-moves-ahead The University of Illinois took a step forward this week toward building the Discovery Partners Institute in Chicago, with the state’s Capital Development Board issuing a call for consultants to help design and construct the $250 million facility. The university has been seeking to build the collaborative new research center in the South Loop for years now and won backing in February from Illinois Gov. J.B. Pritzker, who agreed to provide $500 million in state financing for DPI and a related statewide Illinois Innovation Network. The new institute will anchor Related Midwest's 78 development. The Capital Development Board and university notice said the three-stage consultant selection process will kick off on May 14, with the public procurement period ending July 2. |
Are there any webcams on-site?
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https://twitter.com/fhpaschen/status...24171796439042 |
When will we see some evidence of Rail relocations?
1: Moving Rock Island line to the west to allow for Clark St access? 2:Realigning the St Charles airway? 3: any adjustments on the CN Freeport line? 4: any new under/over passes? |
FHP has been digging out the approach on the south side of the Freeport sub tracks, looks like they're gearing up to build the Wentworth underpass there. They will use the existing underpass below the St Charles Air Line, which will require an awkward kink in the road.
The Rock Island relocation is a bigger chunk of change, same for the Red Line station... remember that Related is fronting the cost of these improvements and the city will reimburse from the TIF. However, the TIF won't generate any money until there are developments in place paying property taxes. Discovery Partners Institute is the first phase in theory, but if the UI system takes ownership of that parcel then it will generate no tax revenue. I imagine Related will get the final design prepared for all the infrastructure improvements and then wait it out until they feel confident putting up new office and residential buildings. CN is also working their way westward replacing bridges on the St Charles Air Line in the South Loop... |
At least the last time I asked the Related guys, they were not planning to use that existing underpass but to put in a new one on the proper alignment. I breathed a sigh of relief, because previous plans had relied on that old Santa Fe underpass, which points the wrong direction.
I keep hoping I'll catch the Paschen field engineer down on the Ping Tom end and ask him about the timing. The new diamonds for the RI-SCAL crossing have been sitting out there for months, and the SCAL bridge has been up since April. Ardecila, I think the full proceeds of the TIF bonds are available as soon as they're sold. It's the bondholders, not Related, who get paid back from the future property tax increment. (Related may well have bought the bonds themselves; that's become common for developers to do.) |
An update from sloopin on the wells-wentworth connector: http://www.sloopin.com/2020/07/some-...-well.html?m=1
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There's a 10-year window on the city funding, too, so Related would have to complete everything by April 2029 or they're on the hook for the cost. Quote:
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Nice to see they are putting in bus pads... so it would appear they are planning ahead for bus service on the corridor. I don't think we know which routes will go through here yet, but it's good to know they can! You can also see the grading for some seriously wide sidewalks on the left there - probably like Michigan Ave sidewalks or wider, with a cycle track on each side at sidewalk level.
I also think the new bridge structure for the SCAL is visible at the end of the video there, just waiting to be dropped in. |
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From yesterday evening:
https://lh3.googleusercontent.com/pw...-no?authuser=0 I think I see a pedestrian crossing being put in? |
Looks like they're pouring the pavement at the intersection of Wells and 13th (Street? Place?) right there. From the site plan it looks like those first two intersections won't be real streets, but entrances to the underground parking garage below the Crescent Park.
Also I never realized but that little stuff in the foreground next to the trailers is clearly a mockup of the new street. The darker path is the separated bike lane with parkways on either side, between the sidewalk and street. Not sure what material that is on the bike path, could be a stain or color in the concrete, or maybe something permeable? |
^ Good catch, Love that the pedestrians will be separated from the bikes which will be separated from car traffic, IMO that is the way all new streets should be.
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As long as the bikes actually use the bike lanes. Could that be enforced?
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^ Not really. I'm sure once offices open up here, we'll get bike messengers zooming down the traffic lanes. But for those who want a safer, more low-stress option the sidewalk lanes should be pretty nice. The ones on Roosevelt are pretty popular.
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Yeah although clueless pedestrians wander into them on Roosevelt
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I still don't understand why the Red Line station won't be open until 2028 unless they don't expect people to be working there until then.
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^ Well, you sorta answered your own question. I mean, unless you want to get off the subway and hang out on a large field, there will need to be some more buildings there before spending $$ on the station will be worthwhile.
Plus, with the pandemic slowing things down for a while, it makes even more sense |
Wells Wentworth - 08/25/20
https://i.imgur.com/vTMfPtk.jpg Vintage retaining wall being unearthed: https://i.imgur.com/xGWXKtS.jpg Temporary bridge waiting to be used: https://i.imgur.com/pvhaQGc.jpg |
Thanks for the update!
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I heard a rumor that a big finacnial company might be kicking the tires around these parts...
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Discover Financial? I always wished they'd get out of the burbs
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