HomeDiagramsDatabaseMapsForum About
     

Go Back   SkyscraperPage Forum > Global Projects & Construction > General Development


Reply

 
Thread Tools Display Modes
     
     
  #22881  
Old Posted Mar 6, 2014, 7:29 PM
Buckman821's Avatar
Buckman821 Buckman821 is offline
Registered User
 
Join Date: Jun 2008
Posts: 484
Crain's is reporting that Sterling Bay landed a tenant for their 370 N Carpenter St. project. The tenant is Uber for 12,000 sf.

Picture below from Sterling Bay Website:


http://www.sterlingbay.net/pages/pro...nmarketdev.php

In the Crain's piece the Uber Midwest Manager was quoted
Quote:
"We looked at staying in River North but we bought into the vision Sterling Bay has for the area."
http://www.chicagobusiness.com/reale...chicago-office

Sterling bay is really doing some interesting things. Chicago is so lucky to have them.
Reply With Quote
     
     
  #22882  
Old Posted Mar 6, 2014, 7:44 PM
wierdaaron's Avatar
wierdaaron wierdaaron is offline
Registered User
 
Join Date: Nov 2012
Location: Chicago
Posts: 2,009
Clark/Roosevelt/River Lot

All images from Apple Maps all rights reserved to whoever owns them don't sue me or burn down my house please.

Here's what we're dealing with:



I'm not sure where exactly the southern boundary of the property is because it transitions into Tom Ping Park pretty gracefully. I'd guess the east/west train tracks.

Observations:
  1. While this is a nice chunk of riverfront property, the view directly across the river is pretty much garbage. I'm not sure how much they would want to maximize views of the river when just beyond is a sea of train tracks. Given that, I wonder if they wouldn't want to try to cut an inlet in from the river (an homage to the original path of the river), treat that as their "riverfront", and use tall landscaping to hide the industrial wasteland beyond. Mocked up below:
  2. Holding the corner of Clark and Roosevelt would be very important for integrating the development with the neighborhood and not feeling like a suburban, auto-centric thing-in-a-park project. The elevated grade of Roosevelt, the Clark underpass, and the Metra tracks pose a huge obstacle to this, however. To tightly hold that corner they'd need the city to rework the whole intersection most likely.
  3. The Metra tracks abutting Clark for almost the whole property will also be a constraint, since it all but restricts pedestrian and auto ingress/egress and forces an ugly buffer between any kind of development and the street. No street/sidewalk activation whatsoever.
  4. If built tall enough, the eastern side of a building here could have a lake view. This wouldn't be guaranteed indefinitely, but the nature of Dearnborn Park residences would mark it fairly unlikely for the heights of the immediate neighboring blocks to change very drastically, creating a pretty optimal skyline view situation to NW, N, NE, and E directions.
Reply With Quote
     
     
  #22883  
Old Posted Mar 6, 2014, 7:55 PM
LouisVanDerWright LouisVanDerWright is offline
Registered User
 
Join Date: Jul 2012
Posts: 6,600
FYI, New Regal Theater closed the other day. Final price: $100,000, down from $2,400,000 asking price...

http://www.chicagobusiness.com/reale...tor-for-100000

These guys are this buildings best bet at surviving until South Shore recovers.
Reply With Quote
     
     
  #22884  
Old Posted Mar 6, 2014, 8:03 PM
LouisVanDerWright LouisVanDerWright is offline
Registered User
 
Join Date: Jul 2012
Posts: 6,600
Also, Soho House is nearing completion. They expect to be opening in August which means they will probably be done with hard construction work by April or May to give them time to train staff and stock the rooms with all the badass decor and trinkets:

http://chicago.curbed.com/archives/2...-in-august.php

If you are in the entertainment industry in Chicago and want to hang out at what will soon be one of the coolest places in the city, keep your eyes open for them to start accepting applications. It is hard to get it, but their acceptance criteria are a bit of a mystery, so you have a decent shot at it especially since this is a new location.

The price of membership there is EXTREMELY reasonable at around $1,000 a year. Given the network and amenities that provides to a young artist it is an absolute steal. I know we have several forum members who work in entertainment (I am looking at you Xing) and I highly encourage you to apply. The biggest hurdle is that you need the recommendation of two existing members to apply, however I have a feeling they will be soft on that requirement for the Chicago opening. They also have a thing for getting people under the age of 27 to join, so go for it! Soho House is totally awesome.
Reply With Quote
     
     
  #22885  
Old Posted Mar 6, 2014, 8:09 PM
lu9 lu9 is offline
Registered User
 
Join Date: Oct 2013
Location: Chicago
Posts: 196
Quote:
Originally Posted by Buckman821 View Post
Crain's is reporting that Sterling Bay landed a tenant for their 370 N Carpenter St. project. The tenant is Uber for 12,000 sf.

Picture below from Sterling Bay Website:


http://www.sterlingbay.net/pages/pro...nmarketdev.php

In the Crain's piece the Uber Midwest Manager was quoted


http://www.chicagobusiness.com/reale...chicago-office

Sterling bay is really doing some interesting things. Chicago is so lucky to have them.

Google setting the trend... kudos to Sterling for lighting the fire. Excited to see what this area becomes.
Reply With Quote
     
     
  #22886  
Old Posted Mar 6, 2014, 8:40 PM
markh9's Avatar
markh9 markh9 is offline
Registered User
 
Join Date: Apr 2011
Location: Chicago
Posts: 132
A forest of cranes and booms at New City. Full steam ahead, for sure.

Reply With Quote
     
     
  #22887  
Old Posted Mar 6, 2014, 8:43 PM
DonMendigo DonMendigo is offline
Registered User
 
Join Date: Dec 2008
Location: Chicago/Madrid
Posts: 135
Quote:
Originally Posted by markh9 View Post
A forest of cranes and booms at New City. Full steam ahead, for sure.

Such an incredible view from this site. I used to live across the street and the skyline view from our roof deck was just awesome.
Reply With Quote
     
     
  #22888  
Old Posted Mar 6, 2014, 8:53 PM
Steely Dan's Avatar
Steely Dan Steely Dan is offline
devout Pizzatarian
 
Join Date: Jul 2001
Location: Lincoln Square, Chicago
Posts: 21,670
Quote:
Jewel-Osco names new president, buying 5 more Dominick's
By Jessica Wohl
Tribune staff reporter
2:07 p.m. CST, March 6, 2014

Jewel-Osco’s parent company said that it is buying five additional Dominick’s locations and named the president of its Boston-area division as the new president of Jewel-Osco.

The five former Dominick’s stores that Jewel-Osco plans to remodel and reopen include two that were on the Chicago Mayor’s office Grocery Store Task Force priority list.

The new locations announced on Thursday are: 1763 Howard Street and 424 W. Division in Chicago; 3243 S. 115th St. in Merionette Park; 800 Northwest Highway in Fox River Grove and 345 S. Rand Road in Lake Zurich
full article: http://www.chicagotribune.com/busine...,7417116.story



that leaves only 3 former dominick's locations in the city that haven't found a buyer: the one down in south shore, the one out in norwood park, and the one on ridge up in rogers park.

the city has fared profoundly better than the burbs in getting buyers for the former dominick's stores.
__________________
This one has purple in it. Purple is a fruit.
Reply With Quote
     
     
  #22889  
Old Posted Mar 6, 2014, 9:29 PM
BWChicago's Avatar
BWChicago BWChicago is offline
Registered User
 
Join Date: Oct 2006
Posts: 486
Norwood Park Dominicks is to be a Shop & Save: http://www.dnainfo.com/chicago/20140...park-dominicks
And Ridge is to be a Cermak Foods: http://www.chicagobusiness.com/artic...park-dominicks

So the only one unsold is South Shore, which was the one everyone was making the most fuss about...

Interesting that, so far, all have remained grocery stores.
Reply With Quote
     
     
  #22890  
Old Posted Mar 6, 2014, 9:56 PM
Steely Dan's Avatar
Steely Dan Steely Dan is offline
devout Pizzatarian
 
Join Date: Jul 2001
Location: Lincoln Square, Chicago
Posts: 21,670
^ cool, thanks for the update. i didn't hear about those other two transactions.

that means only 1 remaining unsold dominick's location in the city. i don't think city leaders could have ever dreamed of such a quick and near complete turn around of all city stores. it really is remarkable.
__________________
This one has purple in it. Purple is a fruit.
Reply With Quote
     
     
  #22891  
Old Posted Mar 6, 2014, 10:14 PM
DonMendigo DonMendigo is offline
Registered User
 
Join Date: Dec 2008
Location: Chicago/Madrid
Posts: 135
Dominicks 424 W Division

Sooo... What does this mean for the Jewel at Clark/Division which was to be Jewel under Tower of Jewel? Really too bad as I was fantasizing about the demise of that horrific strip mall complex at Division/Clybourn
Reply With Quote
     
     
  #22892  
Old Posted Mar 6, 2014, 10:14 PM
nomarandlee's Avatar
nomarandlee nomarandlee is offline
My Mind Has Left My Body
 
Join Date: Jan 2006
Posts: 3,009
Quote:
Originally Posted by J_M_Tungsten View Post
I wonder if the other little rectangular parks will get make overs soon as well. Or better yet, the train tracks would get cover to make one continuous park space.
I hope so. I think frankly that should be given priority over said skate park. I was a bit horrified a few years ago when the city showed plans for the makeshift "park" that didn't cover those tracks but merely screened over the tracks with greenery.

We don't need a whole new Millennium Park II for the southern end. Just a basic decking with some pavers on top would be a great start.
Reply With Quote
     
     
  #22893  
Old Posted Mar 6, 2014, 10:21 PM
Steely Dan's Avatar
Steely Dan Steely Dan is offline
devout Pizzatarian
 
Join Date: Jul 2001
Location: Lincoln Square, Chicago
Posts: 21,670
i don't find the rail road tracks that run through grant park to be anywhere near as offensive as the 8-10 lane streets that tear up the park.

i say fix those goddamn ugly-ass way-too-wide streets first! grant park is in desperate need of a road diet.
__________________
This one has purple in it. Purple is a fruit.
Reply With Quote
     
     
  #22894  
Old Posted Mar 6, 2014, 10:52 PM
wierdaaron's Avatar
wierdaaron wierdaaron is offline
Registered User
 
Join Date: Nov 2012
Location: Chicago
Posts: 2,009
Quote:
Originally Posted by Steely Dan View Post
i don't find the rail road tracks that run through grant park to be anywhere near as offensive as the 8-10 lane streets that tear up the park.

i say fix those goddamn ugly-ass way-too-wide streets first! grant park is in desperate need of a road diet.
The dream:
(With stuff to do in the grass).
Reply With Quote
     
     
  #22895  
Old Posted Mar 6, 2014, 11:08 PM
BVictor1's Avatar
BVictor1 BVictor1 is offline
Registered User
 
Join Date: Sep 2002
Location: Chicago
Posts: 9,514
Quote:
Originally Posted by J_M_Tungsten View Post
I wonder if the other little rectangular parks will get make overs soon as well. Or better yet, the train tracks would get cover to make one continuous park space.
Yes to your first point and no to your second point.
__________________
titanic1
Reply With Quote
     
     
  #22896  
Old Posted Mar 6, 2014, 11:41 PM
HomrQT's Avatar
HomrQT HomrQT is offline
All-American City Boy
 
Join Date: Dec 2009
Location: Forest Park / Uptown, Chicago
Posts: 1,699
Quote:
Originally Posted by wierdaaron View Post
The dream:
(With stuff to do in the grass).
Just capping off the rail lines are a huge change.
__________________
1. 111 W 57 - Manhattan, New York - SHoP Architects - Photo
2. 9 Dekalb Ave - Brooklyn, New York - SHoP Architects - Photo
3. One Chicago Square - Chicago - HPA and Goettsch Partners - Photo
4. Chicago Board of Trade - Chicago - Holabird & Root - Photo
5. Cathedral of Learning - Pittsburgh - Charles Klauder - Photo
Reply With Quote
     
     
  #22897  
Old Posted Mar 7, 2014, 12:04 AM
Marcu Marcu is offline
Registered User
 
Join Date: Jul 2006
Posts: 1,640
Quote:
Originally Posted by i_am_hydrogen View Post
Emanuel moves to acquire huge South Loop development site

http://www.chicagobusiness.com/reale...883H3247467E8W
If the city is involved, I'm thinking casino.
Reply With Quote
     
     
  #22898  
Old Posted Mar 7, 2014, 12:04 AM
intrepidDesign's Avatar
intrepidDesign intrepidDesign is offline
Windy City Dan
 
Join Date: Apr 2008
Location: Chicago
Posts: 474
Quote:
Originally Posted by wierdaaron View Post
The dream:
(With stuff to do in the grass).
I see your dream, and raise you my dream.



More forest/greenery over the tracks, more fields and open space over a buried LSD.
Reply With Quote
     
     
  #22899  
Old Posted Mar 7, 2014, 12:08 AM
thewaterman11 thewaterman11 is offline
Registered User
 
Join Date: Apr 2013
Location: Morningside Heights, NY
Posts: 81
Regarding the 62 acre lot, where would one plop the entry point? I'm assuming that Roosevelt would be the best bet without doing some sort of crazy flyover, but a single point of entry/exit is a kind of scary idea for a LSE-sized piece of property with thousands of people.
OR...
The only means of travel could be by rail; Metra makes a station with a connection to the red line at Chinatown and has a sort of shuttle service.
A little out there?
__________________
"A democracy should not let its dreamers perish. They are its life, its guaranty against decay." -Louis Sullivan
Reply With Quote
     
     
  #22900  
Old Posted Mar 7, 2014, 12:10 AM
Marcu Marcu is offline
Registered User
 
Join Date: Jul 2006
Posts: 1,640
Quote:
Originally Posted by Steely Dan View Post

that means only 1 remaining unsold dominick's location in the city. i don't think city leaders could have ever dreamed of such a quick and near complete turn around of all city stores. it really is remarkable.
Agreed, though since all of the locations are still in the grocery business, I'm a bit concerned about how this will play out in the long run. Did Dominicks fail because of a flawed business model, or because the city was over-retailed? I'd be interested in seeing some data. What's generally regarded as a sustainable grocery store to resident ratio?
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 > General Development
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 10:23 AM.

     

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2020, vBulletin Solutions, Inc.