CHICAGO | Highrise Projects & Construction, v7 - Page 542

SolarWind · #**10821** Posted **Mar 11, 2018, 8:02 AM**

March 9, 2018

k1052 · #**10822** Posted **Mar 11, 2018, 1:53 PM**

Quote:

Originally Posted by KWillChicago

I thought all three of those office buildings and the Coyne renovation were supposed to happen at the same time? I know their just tearing up the parking lot but glad to see these are getting underway.

333 N Green is moving first since it's half leased already.

LouisVanDerWright · #**10823** Posted **Mar 11, 2018, 2:24 PM**

They aren't "just tearing up the parking lot", that's a passion rig they are setting up. Looks like construction is imminent.

Quote:

Originally Posted by k1052

333 N Green is moving first since it's half leased already.

Who leased it?? I can't even keep track of the West Loop anymore.

the urban politician · #**10824** Posted **Mar 11, 2018, 2:45 PM**

Quote:

Originally Posted by LouisVanDerWright

They aren't "just tearing up the parking lot", that's a passion rig they are setting up. Looks like construction is imminent.

Who leased it?? I can't even keep track of the West Loop anymore.

A large marketing firm is moving their HQ there from the Loop

KWillChicago · #**10825** Posted **Mar 11, 2018, 6:07 PM**

Quote:

Originally Posted by the urban politician

A large marketing firm is moving their HQ there from the Loop

Im confused on the area and addresses here. So are they tearing down Coyne and building on that lot? I thought the three sites were the one shown above, the site immediately north of that one and the lot on the east side of halsted. But I was reading that they were converting the college into a library or somthing like that? Then where would the theater and parking garage be going? Sorry for all the questions. If someone can post a quick overhead map of this it would be appreciated.

Randomguy34 · #**10826** Posted **Mar 11, 2018, 6:12 PM**

Quote:

Originally Posted by KWillChicago

Im confused on the area and addresses here. So are they tearing down Coyne and building on that lot? I thought the three sites were the one shown above, the site immediately north of that one and the lot on the east side of halsted. But I was reading that they were converting the college into a library or somthing like that? Then where would the theater and parking garage be going? Sorry for all the questions. If someone can post a quick overhead map of this it would be appreciated.

Source: https://chicago.curbed.com/2018/1/25...s-sterling-bay

They're tearing down Coyne to build 330 N. Green. 333 is on lot east of Coyne, 360 is the lot north of Coyne. The movie theater is 345 N. Sangamon.

KWillChicago · #**10827** Posted **Mar 11, 2018, 6:18 PM**

Thank you sir

SamInTheLoop · #**10828** Posted **Mar 11, 2018, 6:23 PM**

Quote:

Originally Posted by marothisu

2100 S Indiana Ave. 426 units at an average of $2307/month and 710 sq ft. 152 parking spaces. Currently a surface parking lot (https://www.google.com/maps/place/21...!4d-87.6227258). 38 floors. The site is for sale with a listing on LoopNet but it looks like the renderings have already been done for this and all planned out.

Source: http://images1.loopnet.com/d2/4mMHBs...k/document.pdf

This is merely a brokerage trying to sell the parcel.....no real proposal yet....if a developer bites, let’s see what they come up with....

SamInTheLoop · #**10829** Posted **Mar 11, 2018, 6:25 PM**

Quote:

Originally Posted by spyguy

14th & Wabash is apparently for sale. Hopefully this means we have a chance of not getting that horrible Lucien Lagrange tower.

Thank God.

Can’t wipe the massive smile from my face.....

spyguy · #**10830** Posted **Mar 11, 2018, 6:26 PM**

The Sterling Bay website has some nice images of 333 and 330 Green. Still not excited by all of the parking in these developments.

SamInTheLoop · #**10831** Posted **Mar 11, 2018, 6:28 PM**

Quote:

Originally Posted by the urban politician

A large marketing firm is moving their HQ there from the Loop

Advertising firm WPP Group moving from River North.....(mostly Merch Mart & River North Point)....

Kumdogmillionaire · #**10832** Posted **Mar 11, 2018, 6:29 PM**

Quote:

Originally Posted by marothisu

2100 S Indiana Ave. 426 units at an average of $2307/month and 710 sq ft. 152 parking spaces. Currently a surface parking lot (https://www.google.com/maps/place/21...!4d-87.6227258). 38 floors. The site is for sale with a listing on LoopNet but it looks like the renderings have already been done for this and all planned out.

Source: http://images1.loopnet.com/d2/4mMHBs...k/document.pdf

Another building that confuses me with the address. 2100 S Ind. Ave. is definitely already taken. Are they purchasing the address from the building on the corner?

SamInTheLoop · #**10833** Posted **Mar 11, 2018, 6:29 PM**

^^^ Agree on parking component, but like the architecture here....a lot.....

Kumdogmillionaire · #**10834** Posted **Mar 11, 2018, 6:30 PM**

Quote:

Originally Posted by 230Roberto

I really don't want the south loop to turn into a 400ft forest. This really is just your typical 400ft tower. I'll take it over a parking lot though.

There are so many lots there and easily replaced buildings. I wouldn't fret over that for now. We got several cycles to go through before the Near South Side and South Loop are maxed out

KWillChicago · #**10835** Posted **Mar 11, 2018, 6:35 PM**

Nice find spyguy^. If they get another lot north of 333 and across halsted filled it will start to turn into a very cool little district. Hopefully alot of night life comes with it. So many open lots in that area ripe for development. Is K2 still planning on another apartment building in that area?

marothisu · #**10836** Posted **Mar 11, 2018, 7:06 PM**

Quote:

Originally Posted by SamInTheLoop

This is merely a brokerage trying to sell the parcel.....no real proposal yet....if a developer bites, let’s see what they come up with....

I thought that too but after reading through the PDF, it looks like they're selling the land with the option of using the building they already planned out/rendered but also at the same time it looks as if they're giving the rights away to scrap it so a company can come up with their own.

Quote:

Originally Posted by Kumdogmillionaire

Another building that confuses me with the address. 2100 S Ind. Ave. is definitely already taken. Are they purchasing the address from the building on the corner?

As far as I can tell, it's part of the same parcel or plan. This is only for the parking lot I believe. The building already there is Vesta Lofts.

SamInTheLoop · #**10837** Posted **Mar 12, 2018, 1:22 AM**

^ It’s just some brokerage’s marketing schtick.....that potential project represented by that rendering/no. of units etc would need to be approved as a planned development, as one covering it does not exist and that’s too large/dense to be as-of-right.....