HomeDiagramsDatabaseMapsForum About
     

Go Back   SkyscraperPage Forum > Global Projects & Construction > Skyscraper & Highrise Construction


Reply

 
Thread Tools Display Modes
     
     
  #2301  
Old Posted May 17, 2022, 2:06 AM
chris08876's Avatar
chris08876 chris08876 is online now
NYC/NJ/Miami-Dade
 
Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 42,969

Credit: Chris Malchow
Reply With Quote
     
     
  #2302  
Old Posted May 20, 2022, 2:29 AM
SolarWind's Avatar
SolarWind SolarWind is offline
Chicago
 
Join Date: Jun 2006
Posts: 4,956
May 12, 2022

Reply With Quote
     
     
  #2303  
Old Posted May 20, 2022, 3:42 AM
rivernorthlurker rivernorthlurker is offline
Registered User
 
Join Date: Dec 2018
Location: Chicago
Posts: 1,107
Quote:
Originally Posted by SolarWind View Post
May 12, 2022

Nice shot. Not gonna lie, the blue glass has been growing on me. The 21st century is encroaching on the city.
Reply With Quote
     
     
  #2304  
Old Posted May 20, 2022, 6:46 PM
left of center's Avatar
left of center left of center is offline
1st Ward
 
Join Date: Sep 2006
Location: The Big Onion
Posts: 2,459
Awesome shot, Joe! And I agree with your sentiments on the height as well.
__________________
"Eventually, I think Chicago will be the most beautiful great city left in the world." -Frank Lloyd Wright
Reply With Quote
     
     
  #2305  
Old Posted May 20, 2022, 7:08 PM
Steely Dan's Avatar
Steely Dan Steely Dan is online now
devout Pizzatarian
 
Join Date: Jul 2001
Location: Lincoln Square, Chicago
Posts: 27,802
The lack of height here is definitely a giant missed opportunity for the overall composition and balance of the skyline.

Oh well, it was hines' dime, not mine, that built it.

But we really could've used a touch more Hines swagger here.
__________________
"every time a strip mall dies, an angel gets its wings"
Reply With Quote
     
     
  #2306  
Old Posted May 20, 2022, 9:10 PM
bhawk66 bhawk66 is offline
Registered User
 
Join Date: Mar 2019
Posts: 459
Times are changing big time. If people think office culture hasn't been changing and has changed they have their head in the sand. There is a glut of empty office space as it is in Chicago and some folks here talk about building height like occupancy was in a vacuum. It's over! Computer technology has changed the world. Even with Salesforce's commitment this thing will still be half empty.

That said, it'd be cool to see a spire or something on this one.

Last edited by bhawk66; May 20, 2022 at 9:25 PM.
Reply With Quote
     
     
  #2307  
Old Posted May 20, 2022, 10:17 PM
rivernorthlurker rivernorthlurker is offline
Registered User
 
Join Date: Dec 2018
Location: Chicago
Posts: 1,107
Quote:
Originally Posted by bhawk66 View Post
Times are changing big time. If people think office culture hasn't been changing and has changed they have their head in the sand. There is a glut of empty office space as it is in Chicago and some folks here talk about building height like occupancy was in a vacuum. It's over! Computer technology has changed the world. Even with Salesforce's commitment this thing will still be half empty.

That said, it'd be cool to see a spire or something on this one.
True, but residential still has legs and can continue to lead on new height.

Also BMO and BankOfAmerica are banks and they've been a little more aggressive with getting workers back in their offices. Same with this long rumored new JP Morgan building.

But yeah, the pandemic may be the historic bookend on the era of the 'giant monolithic awe inspiring office building', whose heydey was probably 1970 -2000 anyway. This in favor of more livable, green, human sized work/play offices like we're seeing in Fulton market. Feels a bit of old school vs new school. Yet another chapter that will be preserved in the chronicle that is Chicago's architectural history.
Reply With Quote
     
     
  #2308  
Old Posted May 21, 2022, 12:08 AM
ithakas's Avatar
ithakas ithakas is offline
Registered User
 
Join Date: May 2014
Posts: 916
Quote:
Originally Posted by bhawk66 View Post
Even with Salesforce's commitment this thing will still be half empty.

That said, it'd be cool to see a spire or something on this one.
No, just counting Kirkland & Ellis and Salesforce it's already 90% leased.
Reply With Quote
     
     
  #2309  
Old Posted May 21, 2022, 4:49 PM
bhawk66 bhawk66 is offline
Registered User
 
Join Date: Mar 2019
Posts: 459
Quote:
Originally Posted by ithakas View Post
No, just counting Kirkland & Ellis and Salesforce it's already 90% leased.

There was just a diagram shown of the available space in this building. Salesforce was taking up less than a third. And many floors appeared to be un-leased not too long ago. I may be misinformed.

Naming rights don't equate to majority occupancy. Just look at Willis Tower.
Reply With Quote
     
     
  #2310  
Old Posted May 21, 2022, 5:23 PM
rivernorthlurker rivernorthlurker is offline
Registered User
 
Join Date: Dec 2018
Location: Chicago
Posts: 1,107
Quote:
Originally Posted by bhawk66 View Post
There was just a diagram shown of the available space in this building. Salesforce was taking up less than a third. And many floors appeared to be un-leased not too long ago. I may be misinformed.

Naming rights don't equate to majority occupancy. Just look at Willis Tower.
I think people here are going off previous info like

https://chicago.suntimes.com/busines...lesforce-tower

Quote:
The 60-story building is expected to open in 2023. Kirkland did not disclose how much space it is leasing, but industry sources believe it is about 600,000 square feet. The firm will move from 300 N. LaSalle Drive.

With business software provider Salesforce taking 500,000 square feet, the Kirkland deal will mean the new riverfront tower at 333 W. Wolf Point Plaza Drive is almost fully leased despite a downtown market seeing its highest vacancy rates in decades.
That's out of 1.2 million sqft https://www.hines.com/properties/sal...-south-chicago. So 1.1/1.2 = 92% leased. But these numbers aren't exact and subject to change.

I think both high office vacancy rates in general and high occupancy specifically at WPS can both be true. This building is certainly an exception.

Funny that Kirkland may end up leasing more of the building than Salesforce!

Maybe the better question is will the occupancy be of the soon-to-be-vacant 300 N Lasalle 600,000 sqft if Kirkland is leaving?

Last edited by rivernorthlurker; May 21, 2022 at 6:14 PM.
Reply With Quote
     
     
  #2311  
Old Posted May 21, 2022, 6:57 PM
PittsburghPA PittsburghPA is online now
Registered User
 
Join Date: Jun 2012
Location: West Loop Gate, Chicago
Posts: 925
What's crazy is how these companies are leasing office space in a world where no one (proverbially) is going back to the office....I can't quite wrap my head around how this is sustainable. I have never worked in an office but my friends that do say they are never going back or they'll look for a new job. I've pooled enough of them to have broad feedback across industries. I feel like there is something I don't know about this market and I can't quite wrap my head around it..
Reply With Quote
     
     
  #2312  
Old Posted May 21, 2022, 7:20 PM
MAC123 MAC123 is offline
Registered User
 
Join Date: Sep 2021
Location: Deadend town, Flyover State.
Posts: 900
I don't know about stuff involving pure numbers like finance, but jobs that require problem solving and creativity ( something like say, game development ) are inherently less efficient at home than in an office. You can't just call someone over and discuss with each other, brainstorm and all that.

Besides that, idk. Maybe they just like the centralized space? Maybe just for management?
__________________
NYC - 20 Supertalls (including UC)
NYC - Future 2035 supertalls - 45 + not including anything that gets newly proposed between now and then (which will likely put it over 50)
Reply With Quote
     
     
  #2313  
Old Posted May 21, 2022, 7:43 PM
ithakas's Avatar
ithakas ithakas is offline
Registered User
 
Join Date: May 2014
Posts: 916
Quote:
Originally Posted by PittsburghPA View Post
What's crazy is how these companies are leasing office space in a world where no one (proverbially) is going back to the office....I can't quite wrap my head around how this is sustainable. I have never worked in an office but my friends that do say they are never going back or they'll look for a new job. I've pooled enough of them to have broad feedback across industries. I feel like there is something I don't know about this market and I can't quite wrap my head around it..
I think as soon as the labor market isn't quite so tight a lot of employers will get stricter about this all at once.
Reply With Quote
     
     
  #2314  
Old Posted May 21, 2022, 8:02 PM
BuildThemTaller BuildThemTaller is offline
Registered User
 
Join Date: Oct 2014
Location: Long Island City, NY
Posts: 890
Quote:
Originally Posted by PittsburghPA View Post
What's crazy is how these companies are leasing office space in a world where no one (proverbially) is going back to the office....I can't quite wrap my head around how this is sustainable. I have never worked in an office but my friends that do say they are never going back or they'll look for a new job. I've pooled enough of them to have broad feedback across industries. I feel like there is something I don't know about this market and I can't quite wrap my head around it..
I'm sure some people will permanently work from home. I might. My employer closed the office in NYC. The Chicago office is still open, though, and lots of my coworkers have begun returning. There's more flexibility now, though. You used to have to move to the HQ if you wanted a VP position. That's not a demand anymore. People can work from home 2-3 days a week if they want. We've started "quiet Fridays," where internal meetings are discouraged so that we can focus on work that requires attention or to schedule client meetings. In lots of ways, it's a better work environment. As my kid gets older, though, I may decide that a coworking space is ideal 2-3 days a week or just during the summer. An office is great for collaboration and feeling connected to the company.
Reply With Quote
     
     
  #2315  
Old Posted May 21, 2022, 9:51 PM
VKChaz VKChaz is offline
Registered User
 
Join Date: Jun 2015
Location: California
Posts: 526
Quote:
Originally Posted by ithakas View Post
I think as soon as the labor market isn't quite so tight a lot of employers will get stricter about this all at once.
Am thinking along those lines as well. Things won't return to exactly how they were. People will have more flexibility. Some employers may be happy with some number of workers alternating days to reduce the amount of office space needed. And some will develop a culture of more fully remote. But when we go through an economic downturn and layoffs start happening, people who have access to an office may start finding their way back there more often.
Reply With Quote
     
     
  #2316  
Old Posted May 23, 2022, 7:50 PM
ithakas's Avatar
ithakas ithakas is offline
Registered User
 
Join Date: May 2014
Posts: 916

Took this picture from the mightiest of towers last night.
Reply With Quote
     
     
  #2317  
Old Posted May 26, 2022, 2:46 AM
SolarWind's Avatar
SolarWind SolarWind is offline
Chicago
 
Join Date: Jun 2006
Posts: 4,956
May 10, 2022



May 12, 2022







May 16, 2022













May 17, 2022

Reply With Quote
     
     
  #2318  
Old Posted May 26, 2022, 10:30 PM
PittsburghPA PittsburghPA is online now
Registered User
 
Join Date: Jun 2012
Location: West Loop Gate, Chicago
Posts: 925
Caught the BMU being installed today



Reply With Quote
     
     
  #2319  
Old Posted May 26, 2022, 10:47 PM
Briguy Briguy is offline
Registered User
 
Join Date: Sep 2020
Posts: 137
Ok that last shot, best this tower has ever looked.
Reply With Quote
     
     
  #2320  
Old Posted May 27, 2022, 1:45 AM
PittsburghPA PittsburghPA is online now
Registered User
 
Join Date: Jun 2012
Location: West Loop Gate, Chicago
Posts: 925
Quote:
Originally Posted by Briguy View Post
Ok that last shot, best this tower has ever looked.
It looks insanely good/large in person on a sunny day. I can't imagine if it was 200 more feet.
Reply With Quote
     
     
This discussion thread continues

Use the page links to the lower-right to go to the next page for additional posts
 
 
Reply

Go Back   SkyscraperPage Forum > Global Projects & Construction > Skyscraper & Highrise Construction
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 11:25 PM.

     

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2023, vBulletin Solutions, Inc.