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there's lots of open plaza space on all sides of its base: https://www.google.com/maps/place/Pa...5!4d-80.034783 measuring off of gmaps (so not the pinnacle of accuracy) aon's footprint is roughly 190' x 190', BMO's footprint is around 280' x 140'. |
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I am amazed at how huge AON seems just due to its lack of any setbacks considering how much of the block it left free for park space. Wonder if BMO will have this same effect? |
I hear that they may be adding floors to this tower like they did with 110 to accommodate more tenants...
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Nice,
Also walked by the construction site yesterday around 5pm and there's already alot of increased activity from people leaving work at the OPO. When this opens its gonna be super activated even more in that area. Hopefully theres some development on Harrison as it looks dumpy east of Canal. |
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guesstimating a floor-to floor here, the lobby looks about 40' tall. so 727 - 40 = 687 687 / 49 = 14' floor-to-floor so 6 more floors would take this one to ~810' tall. when 110 N wacker got its little height bump, i believe they added 4 floors, and even that would still bump this one up to ~780' tall. |
They should add six floors. It has the location, the closest competing office tower is blocks away without much risk of new competition. And this is brand new modern space. The Old Post Office has tons of space, but this has windows and views. Looks like good ROI to me to grow this one more.
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https://www.commercialcafe.com/blog/...e-in-10-years/ Quote:
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Riverpoint, 1 MSF 151 N. Franklin, 800,000 SF 150 N. Riverside, 1.2 MSF Old Post Office, 2.8 MSF 110 N wacker, 1.5 MSF BMO tower, 1.5 MSF (perhaps more if floors are added) Salesforce, 1.2 MSF That's 10 million square feet right there. And if Salesforce Delivers in 2023 as projected it will have taken just six short years. It's hard to believe. |
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Via webcam they got drill rigs and concrete trucks moving 6:15pm tonight. How late are these guys working?
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January 29, 2020
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I'm not sure if many folks realize just how common adding floors once construction has begun on office towers has been this cycle. If I recall correctly, each of RiverPoint, 150 N Riverside, and 110 N Wacker have had this happen. I'd have to go back and scour the web for confirmation that in all cases it was technically after groundbreaking and not just prior....but I believe I'm right here. It's become almost the standard operating model for office developers to have the final size be somewhat flexible (likely within a relatively small range of 4-6 floors I'd imagine) where if they can hit a certain leasing economic threshold, or there's an opportunity to accommodate an additional tenant that is ready to sign just prior to - or in early stages of construction - they can tack on some leasable space to the project. I'm sure they have multiple versions that have been readied to very advanced stages so they can be quickly switched to once the call is made. |
There are some major projects this winter in the foundation phase. This should be a fun summer for building construction fans as things start going up, up, up this spring. It's amazing what's happening in Chi-town.
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February 12, 2020
New Hudson Facades (NHF) - Renderings courtesy of Goettsch Partners https://newhudsonfacades.com/projects/310-south-canal-street/ |
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