Quote:
Originally Posted by Bombardier
^I tend to agree with your 2 year prediction. Construction is a lagging indicator of the economy, so it will take some time to burn backlog off even when the overall economy cools. Some notable projects that are planned to break ground in the new year in addition to One Chicago Square:
- A condominium at the former Children's Hospital site in Lincoln Park
- An apartment building at the corner of Cermak and Wabash
- An apartment tower at 725 W Randolph
- A new ambulatory building for Rush Medical Center
- An office building at 330 N Green Street
- Two apartment towers at parcels JK and L in Lakeshore East
- An apartment tower at 210 N Stetson (former parcel of the never-built Mandarin Oriental)
This is not to mention the less noticeable or sexy, but significant work beginning at O'Hare that will progress for the next decade.
It is good to temper expectations, but I think 2 years is a good guess.
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Absolutely! cant forget these big projects as well,
-Bentham condo tower (2019)
-New Amli old town tower (2019)
-Reid Murdoch hotel tower (2019)
-353 W Grand Tower (2019)
- New 40 Story tower near the sono towers (no groundbreaking date announced yet)
-Salesforce Tower 2020 groundbreaking Guaranteed
-Harris Bank Tower 2019 groundbreaking Guaranteed
-Chicago spire supertall Redevelopment towers (awaiting alderman approval, but granted they get past Reilly this time that will be off to the races as well)
-Wicker park Tower 2 (awaiting alderman approval)
-1000M (ready to go and approved pending sales)
-Tons of west loop projects on the way as well
-and Many many more loop buildings on the way