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is anything else going to take its place?
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but it will be developed at some point in time. it's vacant property directly on south michigan avenue; it's not going to sit empty for the next 50 years. |
Some of the big columns in the winter garden are installed. They are massive! Going to be a cool space...
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October 26, 2017
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Essex sure is rising quickly.
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You don’t think there couldn’t have been modifications made, like the addition of a dampener? |
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It was apparently both, don't call me fake news my friend ;) |
It could actually be a combination of both. A wind tunnel study would not, on its own, dictate that a building could or could not be built. However, this area has very strong winds (which is why Essex has such large shear walls). They may have found out that the wind study required them to add shear walls or a damper (or both) and the job no longer made sense financially considering a market slow down. Most ways to address high winds require added cost and loss of usable square footage which could make the job unfeasible.
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Its a shame 830 didn't get built. It really would of helped fill out the skyline to the south.
https://images2.imgbox.com/8b/13/r0r0UkqS_o.jpg https://images2.imgbox.com/09/d9/637OACrJ_o.jpg |
^ Definitely would have helped balance the South Loop skyline, and drawn the center of gravity of Chicago's downtown skyline a bit further south.
As for the old 830 S Michigan proposal, I wouldn't worry too much; Once 1000 S Michigan begins construction, the old YMCA parcel will be the very last lot left on Michigan. Really, the last developable lot fronting Grant Park once 2GP begins construction. A parcel that valuable will demand a premium development. I doubt any developer would waste an opportunity like that with a mediocre 600-700 footer. We will probably see a very nice proposal for it in the next market cycle. |
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Oct 30
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Is the renovation of the Building going on at the same time?
thnx in advance! |
After the new tower is open, IIRC.
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^The renovation is timed to complete along with the completion of the apartment tower... first turnover is March 2019.
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Does anyone know if the pool floors windows are going to be full panels of glass or broken off into sections. If so those are some monster pieces of glass. I'd think their even taller than the new apple stores glass.
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Glass is being installed on the north elevation right now.
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