^ Are there any suburb office relocations on the radar? It seems many companies are starting to understand the younger workforce doesn't like living/working in the burbs
Crain's is reporting the Wood Partners site in the south loop (between the British School and Polk St against the Metra ROW) has landed construction financing for their 500 unit apt tower.
All I can remember about this is a fuzzy rendering of what appeared to be K2's even cheaper looking cousin.
Crain's is reporting the Wood Partners site in the south loop (between the British School and Polk St against the Metra ROW) has landed construction financing for their 500 unit apt tower.
All I can remember about this is a fuzzy rendering of what appeared to be K2's even cheaper looking cousin.
Atlanta-based developer Wood Partners has landed a $96 million construction loan for an apartment project north of the Roosevelt Collection, according to Cook County property records. In December, the city approved a 33-story building with 496 units that Wood had proposed on the vacant site along the Metra tracks south of Polk Street.
Barring any snags with permitting, no reason this one shouldn't start in the near future.
^, ^^
I'm talking about the site bounded in green, not the one in red:
The article is describing the red site:
Quote:
Designed by Pappageorge Haymes Partners, Wood's building would include 348 parking spaces, a fourth-floor pool and deck and sit immediately north of the British School of Chicago, according to a letter from the city to Wood's attorney.
All the 3D renderings online of the Halsted tower show this one avoiding the Hubbard cave. It's going to create quite the moat.....literally with the drawbridge-looking entrance. It might look cool or terrible. But the massing of the tower is nice.
The TIF funding got the ok from the Community Development Comission, still needs the vote from the city council but given that it passed unanimously seems like a done deal.
The TIF funding got the ok from the Community Development Comission, still needs the vote from the city council but given that it passed unanimously seems like a done deal.
Great, thanks for the insight. This neighborhoods needs to see some market rate development badly, hopefully it will spur more interest from other developers as well.
All the 3D renderings online of the Halsted tower show this one avoiding the Hubbard cave. It's going to create quite the moat.....literally with the drawbridge-looking entrance. It might look cool or terrible. But the massing of the tower is nice.
Also the high-speed rail alignment between this and K2 (currently a temporary dog park). This building will definitely have a moat.
__________________ la forme d'une ville change plus vite, hélas! que le coeur d'un mortel...
[QUOTE=Skyguy_7;7298869]^Thanks for the info. Original proposal was stated to be 48 stories + 388 units, according to Crains. Have we gained some height?
Really hope they don't "refine" those stilts by too much..
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