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The only major advantage that 400 LSD may have over various other locations is potential access to the lakefront path and Navy Pier when the new Ped bridge gets built (will Dusable Park have a ramp?). Not small perks but not likely to draw in a slew of high-end clients either except unless if you are a major outdoor bike/run enthusiast. Is that a bigger plus than being close to Michigan Ave for high-end buyers? Doubtful....... I think the best lots for a supertall are the south of NBC Tower lot and the Nordstrom/Northbridge lots off of Wabash if reimagined correctly. Which last I saw latest plans seemed completely underwhelming. If the Renaissance on Wacker were ever torn down and some slender tall tower could be built on the lot those could provide some great vistas and locations as well. |
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In my opinion, saying a 2,000-foot tower at 400 North Lake Shore Drive is not feasible or not possible is ridiculous, especially when you consider that the Chicago Spire had sales contracts on 30% of its supply of condos, accounting for around 360 units. In a normal scenario, the developer would have been able to secure a full construction loan. Yes, those condos were sold during the height of a real estate bubble but there is no reason in my mind why a new developer would not be able to build a 2,000-foot tower. That said I think it is highly unlikely and personally undesirable to see a 2,000-foot tower in that location.
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:sly::sly::sly::sly::sly::sly: |
^^^^
Wasn't the Waldorf project canceled due to financing issues? What a shame that proposal occurred during the recession or before things really went sour (due to the burning bag of poop left after Bushy Bush left). This was one of my favorite proposals back in the day for Chicago. Elegant, smooth, and classy, right by the river. It's only a shame this couldn't have been proposed at a better time, like now for example. |
Why a project like 7 south dearborn is not considered? This is a mixed-use tower, which could be perfect for 400 N LSD place.;)
http://static.wixstatic.com/media/06...0_0.00_jpg_srz |
Why do people keep posting on this useless thread where nothing is happening, nothing is close to happening, especially when so much more interesting stuff is happening elsewhere in the city?
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^Because for most young men, masturbation involves fantasization.
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400 N. LSD mini info...
Okay, so thi is is what I've heard through more than reputable channels; -Expect two towers -I asked if one would be taller than the bKL one in LSE, and was told "way" -Was mentioned a material not used in almost 100 years would be apart of the project and C. Shawn yelled out 'terra-cotta' and there was no response other than we know too much already. We both said at the same time 'SHoP Architects', and again met with silence. Curius Stay tuned for community meetings I'm guessing later this year |
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Thanks |
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Nice update, BVictor.
But remember that this is a Related, king of the bait and switch... |
Official announcement 3rd, 4th quarter this year? Or is this "completely" up in the air. Is it too much to expect 800 feet for both of the two towers?
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^^^^I'll just give you one more tickler... It's not SHoP
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