CHICAGO | St. Regis Chicago (Vista) | 1,191 FT | 101 FLOORS

[photoLith]

Freaking sick, I really hope this gets built.

[CHI -21c]

Originally Posted by TechTalkGuy

That prismatic appearance is what's unique about the colorful and expressive Wanda Vista when compared to other towers on the skyline.

Will it still look like this? I was happy with this rendering....

The blatant, two-color facade would be awful! So would boring, blue glass.
What is the glass situation? Still high efficiency? Have they VE'd at all?

[Tom Servo]

Sick.

[BVictor1]

http://www.scmp.com/news/china/money...es-list-chinas

[Ryanrule]

anyone gonna livetweet the meeting?

[BVictor1]

Originally Posted by Ryanrule

anyone gonna livetweet the meeting?

I can post as much info as possible...

There will be 405 units and it looks like there are 10 contracts already.

Sales in China should begin soon.

[wahoo9518]

Looks like there is a presentation online already

http://www.neweastside.org/Wanda3.html

[BVictor1]

$19,000,000 to $20,000,000 annual in terms of tax revenue for this building.

[BVictor1]

Projected construction start is May 2016.

Occupancy of lower condominiums is scheduled to start in 2019.

Soft hotel opening is slated to be in early 2020.

[BVictor1]

[munchymunch]

That looks really nice. But I'm confused are they adding a ramp from the upper wacker? Also is that residential or Hotel area?

[BVictor1]

Originally Posted by munchymunch

That looks really nice. But I'm confused are they adding a ramp from the upper wacker? Also is that residential or Hotel area?

No ramps are being added. The eastern most end of upper Wacker will be the hotel loading and unloading.

[wahoo9518]

Did they say how they would be treating the connection from lower field drive to the riverwalk?

[BVictor1]

Originally Posted by wahoo9518

Did they say how they would be treating the connection from lower field drive to the riverwalk?

[tjp]

^^ YES. That's going to add so much to the vibrancy of the whole Lakeshore East development.

[BVictor1]

A few notes from this evenings (10/26/15) meeting.

-No up zoning and No additional FAR
-13 meetings with various boards and neighboring condos
-405 condo units
-9.7 million of build able space in LSE Master Plan
-11 floor roof deck will be public and landscaped to create a buffer between the Regatta

Possible Building Amenities
-Cha Lobby Lounge
-Vista Eye All Day Dining Restaurant
-When Chinese Restaurant
-Han Bar
-Shui Spa

-600 construction and 420 permanent jobs
-condos on 13-91

-5,403,507 square feet already built in LSE
-Building C (Wanda) - 1,597,942
-Remaining to build - 2,698,551
-Allowable - 9,700,000

-Middle leg will have a private terraced roof deck for condos on that level

-May 2016 start
-Occupancy 2019 for lower condominiums
-Hotel early 2020

-4 water filled mass-tuned dampers in the building and a possible 5th

-Construction staging on sub (lower-lower) Wacker Drive

-1,200’ height ceiling that they can play around with

[J_M_Tungsten]

Originally Posted by BVictor1

Thanks for all of your efforts BVic. Great, detailed, coverage. This render shows they will have a great view of whatever goes on the failed Spire site too.

The windows are very different on this project. Not sure I'm used to it just yet, but by 2020, who knows how I'll feel.

[maru2501]

may 2016 start would be something...

[Steely Dan]

Originally Posted by BVictor1

Projected construction start is May 2016.

i like the sound of that!

<fingers crossed>

once again, thanks for all of the great info

[SamInTheLoop]

Echo the huge thanks for all of this, BVic!


I've gotta say I really like most if not all of the refinements here. Made most of the meeting as well, and caught most of that for which I was there (find it incredibly difficult to not nod-off at all during traffic portions......which is I bet what the majority of the audience is most interested in!).....


For the part of the Q&A I was able to stick around for, funniest question was from one woman who was complaining about the public school not being built/under construction yet (I hesitate to even bring it up, as I am 1,000% on her side as far as CPS dragging its feet on this, and I feel the demand is clearly there (again, they don't realize how much of a chicken-and-egg thing this issue is), and we should at minimum have the public school under construction by now, if not even already open.......so with the overall point, I'm clearly strongly of the same mind. But she actually thought that Vista Tower will be a significant contributor to CPS demand (based on very large average unit sizes, etc)! This tower (in real estate broker, ie 'shit-slinger' speak) is in the upper-upper bracket for Chicago. One should look at a Trump Tower, for instance, for a sense of how many CPS kids will be living here.....that's probably a reasonable comp. This won'd be a very highly-occupied tower to begin with (what I mean by that is some owners will be just parking there money in these units - not literally! - others this will be a pied-a-tiere (too lazy to look up sp at moment!)-type thing, etc........sure there will be some families actually living here full time - but to the extent some do, those with school-age children will be overwhelmingly attending GEMS or another private school.........(might be a very small minority CPS, but not by any means any type of needle-moving number).....again, this tower's condos will be very expensive for downtown Chicago......