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http://tmrw.se/wp-content/uploads/20...Darknights.jpg |
Geeze they are putting an awful lot of time into this. Someone must be bored. Don't renderings like that usually cost a few bucks? I guess it's good advertising in hopes of landing a commission from Related. The question being weren't we supposed to hear something in the first half of this year about the new project for this site? Wonder if Related solicited visionary proposals in a little mini competition. Perhaps this was Gensler's submission?
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Seems like a Swedish poster on SSC trying to build a portfolio, maybe someone with an account over there can ask him to do a "future Chicago" rendering.
LINK HERE |
February 22, 2017
I noticed a couple of changes since Harry's Feb 6 picture. It looks like wires are stretched across the hole and a bunch of ribbon tape is strewn across the site. Two trucks are visible in the upper left hand portion of the picture. |
Related, please, we implore not to value engineer this. Please please please raise the bar and do something noteworthy for the city that's been so good to your bottom line.
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man, that rendering is so sick
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The Gateway Tower (seen in post 268) is magnificent, isn't it? A centrally located tower looming hundreds of feet over the other skyscrapers, occupying a front seat at Lake Michigan. It's such a wonderful vision, as the Chicago Spire once was. But now it's just a pit in the ground, sitting endlessly as time goes on. That's sad.
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Chicago has been looking forward to this site redefining our skyline for 12 years. Hopefully the wait is worth the payoff. As far as our place in the "tallest buildings in the world" department, we're getting edged out of even being in the top 15 since apparently post design antennas don't count for whatever bs reason.
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my gut feeling is the next recession will be whenever they start building on this site again lol
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At this point, I'm just hoping this thing is as tall as Vista.
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CTBUH likely caved to 911 sentimentality pressure, at least that's what my money is on. |
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^^ such a good call. Or to put a positive spin on it...
gathered for a ground-breaking ceremony? for NA's tallest tower ;) |
Can we lock this thread, so depressing....
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^^ I would hope so. Jeez! Can you imagine the carrying cost on this thing? I'd imagine Related would want to get going ASAP. They may have missed the boat already. I'm guessing there is a lot going on behind the scenes at the moment including some wooing of Chinese money like their competitor across the river.
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That's going to get a lot harder going forward, at least for projects with big price tags, as Chinese regulators are starting to really step up enforcement of the strict capital controls. |
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That ticks me off so much. Frankly if they decide to go smaller I hope that site gets downzoned to a parking lot. |
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This was the most recent article of substance regarding the spire site...
http://www.chicagobusiness.com/reale...uth-loop-sites |
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^ .. I think your both the same person trolling....I mean what are odds you both only have 19 posts on this forum ...lol...:uhh:
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I think given the location, a mixed used would be great. It at least offers more to the city in terms of its functionality than a single tower catering as a fortress for the super rich. Given the lakefront views (literally like right by the lake), a hotel, and residential would make sense. |
I don't think anyone expects this to be a 2000 ft tall tower anymore (though I contend that the market could support it if they went with a mixed use design). Anything less than 1000, though, and they shouldn't even bother building it.
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Ultimately, the market will decide its fate. I think we may see an 800-900 foot tower. Just a guess here. I can't see the city at the moment supporting a 2000 ft residential tower to a sector of the market willing to buy $15 million+ condos or apartments. Unless the developer is seriously confident or Chicago starts booming in the financial or tech sector. Something like One Grant Park could work. Which, wouldn't be bad if it had a high unit count. Possibly rentals. At least a 1 Grant Park style development is realistic. Once you factor in what it will take to make a tower profitable in this market, 1400+ ft starts to look like a pipedream.
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Maybe that Aramco IPO could be used for good tower investment. Could a mega tall in theory work thats residential. Sure! But it would require an investor who would rather wait for profit and fund the whole thing while it fills up. Similar to the Kingdom Tower, which will take a loss at first. Actually, I remember reading about how the developer expects a loss for the first couple of years until it fills up. More of the case where its a status symbol and profit can wait for a couple of years.
Unless they do it Miami style where they have pre-development sales 2 or 3 years prior until they reach a certain % of sales. A tower that is seen as an investment opportunity would greatly increase the chance of it happening. Unfortunately, it will probally go the way of One57 where it sits empty most of the time. Unless they can find a way to reduce construction costs but I think the cost of anything 500m+ will be the boon to this. But quality comes with costs plus the extra height requires good engineering. Just look at the concrete used in 432 Park. Might seem like a slender Virginia slim cigarette tower, but there quite some engineering in that tower. Expensive unfortunately. Kinda why a mixed used with a hotel portion would make more sense. It would add more to the city rather than just being a pretty tall symbol. |
Let it sit for another ten years and see how the market goes. And then another ten years after that, if thats what it takes to get a 2000+. I'm probally the most impatient person in this forum of wanting to see sites developed. But this is too prime to let it slide for a 700'-900' ft, if we even get that. The building that can go here, if done right, wont just change the skyline but the impact of the entire city worldwide.
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Anyway, aren't the foundations covering almost all of the site... not only for the tower, but the underground parking? I find it hard to believe that related would scrap the underground parking foundations and invest the $ by partially or completely demolishing them for a second tower... but, I could be wrong... |
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I understand "sunk-costs" but I always hope that these will be viewed as big discounts on similar endeavors. |
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I used to post a lot on skyscrapercity back in the day, then everybody migrated over here it seems.. and I just kinda stopped checking everything after the recession and end of the building boom. |
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Reinsdorf Sucks joined nearly a decade ago (just hasn't posted very much). IP addresses are nowhere close to a match. If FrankLloydWrong really is a second account that Reinsdorf Sucks created just to troll you about 400 N LSD, then the man plays an EXTREMELY long game. :haha: |
Is there any market in the US that can support a 2000 ft tall tower today? I know NYC is the most likely, but their tallest proposal is 1500. China and the MidEast are building them with govt dollars.
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Maybe pre-Recession this could have be viable, like with the Spire(though there is no way of knowing that would have been completed even without the crash), but after that situation I just don't see anyone risking everything on a single building that has a big chance of failing. I just don't see anything bigger than +1200 feet getting built there. It appears that has roughly become the cap of big buildings in Chicago this day an age, and for me that's not a bad thing. Not every city needs a cloud dong to be proud of their city. |
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Chicagoans, 2017: We don't even need to talk about how tall our buildings are! In all honesty, I hope this thread is locked until actual news appears. |
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June 11
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Those trees around the foundation rim are a slap in the face reminder of the staleness of this site. Seems even nature is embarrassed by what transpired (pardon the hidden pun) and is trying to conceal the scar
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We just need to see something iconic in that location. It doesn't need to be a supertall.
Imagine the Via57 building in Manhattan on this site instead: https://www.via57west.com |
please lock this thread
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