CHICAGO | Halsted Point | 5 Towers | 691 - 309 FT | 65 - 28 FLOORS - Page 8

oakesd88 · #**141** Posted **Jul 4, 2023, 4:43 PM**

Quote:

Originally Posted by Tom In Chicago

Oh man. . . this is going to be bad. . .

. . .

Bad as in cool, or bad as in no good?

Tom In Chicago · #**142** Posted **Jul 5, 2023, 2:30 PM**

Quote:

Originally Posted by oakesd88

Bad as in cool, or bad as in no good?

Bad as in bad. . . ugly zany new-Canadian building. . . it won't age well. . .

. . .

Zapatan · #**143** Posted **Jul 5, 2023, 4:47 PM**

Quote:

Originally Posted by Tom In Chicago

Bad as in bad. . . ugly zany new-Canadian building. . . it won't age well. . .

. . .

Toronto has some pretty nice looking buildings, not as much as Chicago overall but some of the newer ones are pretty cool.

The most recent renderings of the 500 footer make it look somewhat decent, I like the zig zagging balconies.

I'm more just happy this area of the city will start to be filled with some towers.

Randomguy34 · #**144** Posted **Oct 20, 2023, 4:26 AM**

Wanted to share that the permits for phase I are pending

Link: https://webapps1.chicago.gov/buildin...?apkey=3350760

Zapatan · #**145** Posted **Oct 20, 2023, 6:07 PM**

Quote:

Originally Posted by Randomguy34

Wanted to share that the permits for phase I are pending

Link: https://webapps1.chicago.gov/buildin...?apkey=3350760

Would this be the 500 foot tower?

marothisu · #**146** Posted **Oct 20, 2023, 7:02 PM**

Quote:

Originally Posted by Zapatan

Would this be the 500 foot tower?

497 feet (revised from 504 feet) - 460 units, 200 parking spaces and 18,900 sq ft of retail.

Zapatan · #**147** Posted **Oct 20, 2023, 9:15 PM**

Quote:

Originally Posted by marothisu

497 feet (revised from 504 feet) - 460 units, 200 parking spaces and 18,900 sq ft of retail.

Ah right, that was answered recently, my bad. I was confusing this with another project.

Still cool though...

BVictor1 · #**148** Posted **Oct 25, 2023, 3:58 AM**

10.24.23

Zapatan · #**149** Posted **Nov 8, 2023, 2:21 AM**

^ Nice.

If the permits are pending, when would this start construction?

Razorback · #**150** Posted **Jan 22, 2024, 9:04 PM**

Publication: The Real Deal
Onni lands $220M in loans for Loop office, Goose Island construction
By: Emma Whalen

Quote:

Onni Group overcame a tough lending environment and sour sentiment on Chicago’s office market to pull in $220 million in new loans.....
It was also issued a $50 million loan from Otera Capital for its massive ongoing project on Goose Island at 1009 North Halsted Street, where it’s preparing to start construction on a five-tower complex with about 2,700 apartments; it will likely require more financing in the future.

https://therealdeal.com/chicago/2024...-goose-island/

NOTE: This makes 3 financing updates in one month for major projects in the city.

Zapatan · #**151** Posted **Jan 22, 2024, 10:30 PM**

Great news, I felt like it was only a matter of time.

Is this just for the first tower? (Phase I). That's a bit unclear:

Quote:

It was also issued a $50 million loan from Otera Capital for its massive ongoing project on Goose Island at 1009 North Halsted Street, where it’s preparing to start construction on a five-tower complex with about 2,700 apartments; it will likely require more financing in the future.

Steely Dan · #**152** Posted **Jan 23, 2024, 12:12 AM**

Quote:

Originally Posted by Razorback

NOTE: This makes 3 financing updates in one month for major projects in the city.

Awesome news!!

What's the 3rd major project that recently received its construction loan?

Zapatan · #**153** Posted **Jan 23, 2024, 12:25 AM**

Quote:

Originally Posted by Steely Dan

Awesome news!!

What's the 3rd major project that recently received its construction loan?

This, 400 LSD, and either 195 N Columbus or 420 N May I think.

Razorback · #**154** Posted **Jan 23, 2024, 12:45 AM**

The first two and 220 Ada (1353 Fulton). With the recent permit news for 195 N Columbus, hopefully, we can add it to the list soon. I am not completely certain whether the financing for that project has been officially confirmed.

Quote:

Originally Posted by Zapatan

This, 400 LSD, and either 195 N Columbus or 420 N May I think.

Razorback · #**155** Posted **Jan 23, 2024, 12:51 AM**

Unfortunately, the article does not mention which one it is. However, it is most likely the revised project that is currently going through the permit process (Check RandomGuy34 post on October 19).

Another insight tidbit from the article, it appears financing was received in December 2023.

https://chicago.urbanize.city/post/o...halsted-pointe

Quote:

Originally Posted by Zapatan

This, 400 LSD, and either 195 N Columbus or 420 N May I think.

Quote:

Originally Posted by Zapatan

Great news, I felt like it was only a matter of time.

Is this just for the first tower? (Phase I). That's a bit unclear:

Steely Dan · #**156** Posted **Jan 23, 2024, 3:15 AM**

Quote:

Originally Posted by Razorback

The first two and 220 Ada (1353 Fulton).

oh right, the Ada one from earlier this month.

forgot about that one, thanks!

Randomguy34 · #**157** Posted **Apr 3, 2024, 4:39 AM**

Phase 1 is getting a slight height bump to 501 ft: https://gisapps.chicago.gov/gisimage...pds/PD1522.pdf

BVictor1 · #**158** Posted **Apr 3, 2024, 5:32 AM**

Quote:

Originally Posted by Randomguy34

Phase 1 is getting a slight height bump to 501 ft: https://gisapps.chicago.gov/gisimage...pds/PD1522.pdf

Quote:

Increase the building height by 4-'10" (total 501' 0")

Would round 501'-10" to 502' ft... And that's measured from the 1st floor.

That said, there's a retail entry 11'-6" to 12' below.

So between 513'-4" and 513'-10" if I'm doing my math correctly. We'll see where the building is officially measured from.