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  #121  
Old Posted Feb 28, 2016, 5:01 PM
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Originally Posted by jpIllInoIs View Post
Sir I will politely disagree with your assessment. This is a major upgrade of a dismal corner. Adding daytime employees to this corner will be a huge asset to the north west loop. And this is a good looking building to boot.
I agree with all of this, but it is still very disappointing that they VE'd the rounded edges out. Made a very understated great design into a pretty average one.
     
     
  #122  
Old Posted Feb 28, 2016, 9:04 PM
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They didn't VE the rounded edges. They changed it because that's what CNA wanted for their floor plans. With that being said I preferred the rounded edges as well.
     
     
  #123  
Old Posted Feb 28, 2016, 10:52 PM
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Feb 16





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  #124  
Old Posted Feb 29, 2016, 7:44 PM
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Photo taken about 5 minutes ago.
     
     
  #125  
Old Posted Feb 29, 2016, 7:50 PM
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looking like a drag race
     
     
  #126  
Old Posted Feb 29, 2016, 8:43 PM
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^^Thanks for the great photo-update! Please allow me:

     
     
  #127  
Old Posted Feb 29, 2016, 9:10 PM
SamInTheLoop SamInTheLoop is offline
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^ Thank you indeed! A most welcome sight, this......
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  #128  
Old Posted Feb 29, 2016, 9:19 PM
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Quote:
Originally Posted by jpIllInoIs View Post
Sir I will politely disagree with your assessment. This is a major upgrade of a dismal corner. Adding daytime employees to this corner will be a huge asset to the north west loop. And this is a good looking building to boot.
Perhaps, it still could have been more exciting though. At least it's a nice filler
     
     
  #129  
Old Posted Feb 29, 2016, 9:23 PM
SamInTheLoop SamInTheLoop is offline
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^ It's a very strong elegant modern design......form ever follows function - this is the way it's done right. You want ornament, try other pursuits.....
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  #130  
Old Posted Feb 29, 2016, 10:14 PM
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excellent filler for sure

on a lot that should have been developed in 1987
     
     
  #131  
Old Posted Feb 29, 2016, 11:33 PM
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This looks like a great tower to work in.

===

Teaser site is out: http://151northfranklin.com/

Quote:
A next-generation urban space you experience, not just see
151 North Franklin will be one of the most technologically advanced office spaces in Chicago. Tenants receive more control, lower operating costs, intuitive workspace and a one-of-a-kind experience for their employees.

BUILDING OVERVIEW

Located at the northeast corner of Franklin and Randolph in Chicago’s West Loop
35-story office tower with 820,000 rentable square feet (RSF) and 25,000 RSF column-free floor plates
9´6˝ finished ceilings with full height glass in office areas
49-foot core-to-glass dimension
34 indoor executive parking stalls
FEATURED AMENITIES

Professionally managed fitness center
24/7/365 security tailored to tenant needs
Conference center with seating for up to 250 people
Planned café, restaurant, and Sundry Shop
Outdoor sky garden and second floor terrace provide additional workspace
TECHNOLOGICAL ADVANCES

Seamless mobile connectivity through dedicated Distributed Antenna System (DAS) riser
Elevators use destination dispatch technology, helping manage peak performance
Redundant power from separate feeds, back-up generators and Emergency Management System
Floor-by-floor HVAC System with Direct Digital Controls (DDC)
Web-based building control platform
SUSTAINABILITY

Roof-top solar panels
Lighting controls included in web-based building controls platform
Low-flow plumbing fixtures installed throughout building
TOP-SHELF SECURITY

On demand 24/7/365 engineering and security availability
Key Card access
Web-based security and camera monitoring
     
     
  #132  
Old Posted Mar 1, 2016, 10:07 AM
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Wait, does this mean they will take down that god awful CNA sign atop their red building???
     
     
  #133  
Old Posted Mar 1, 2016, 4:30 PM
SamInTheLoop SamInTheLoop is offline
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Now all we need is 130 N Franklin to snag a tenant and be in the ground by this time next year (at latest), and I'll be happy with this boom's impact on the NW corner of the Loop......
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  #134  
Old Posted Mar 1, 2016, 4:32 PM
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Originally Posted by SamInTheLoop View Post
Now all we need is 130 N Franklin to snag a tenant and be in the ground by this time next year (at latest), and I'll be happy with this boom's impact on the NW corner of the Loop......
What are the potential anchor tenants in the market right now? My understanding was that 130 N Franklin and 590 W. Madison were both heavily courting CNA in the hopes of breaking ground soon...

Perhaps a relocation from the suburbs? How many more global HQs can the Merchandise Mart handle?
     
     
  #135  
Old Posted Mar 1, 2016, 4:39 PM
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Originally Posted by SamInTheLoop View Post
^ It's a very strong elegant modern design......form ever follows function - this is the way it's done right. You want ornament, try other pursuits.....
im all for modernism, whatever that means in 2016, but blue square box is about as cliche and played out as it comes.
     
     
  #136  
Old Posted Mar 1, 2016, 5:04 PM
SamInTheLoop SamInTheLoop is offline
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^ Surely you would agree that quality spectrum within 'blue square box' designs runs the gamut, right? This one will turn out to occupy the very high-end, I believe....
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  #137  
Old Posted Mar 1, 2016, 5:13 PM
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Quote:
Originally Posted by ithakas View Post
What are the potential anchor tenants in the market right now? My understanding was that 130 N Franklin and 590 W. Madison were both heavily courting CNA in the hopes of breaking ground soon...

Perhaps a relocation from the suburbs? How many more global HQs can the Merchandise Mart handle?
Minutes after I post this – not a global HQ, but another move to the city headed to the Mart...

http://www.chicagobusiness.com/artic...wntown-chicago
     
     
  #138  
Old Posted Mar 1, 2016, 5:14 PM
SamInTheLoop SamInTheLoop is offline
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Quote:
Originally Posted by ithakas View Post
What are the potential anchor tenants in the market right now? My understanding was that 130 N Franklin and 590 W. Madison were both heavily courting CNA in the hopes of breaking ground soon...

Perhaps a relocation from the suburbs? How many more global HQs can the Merchandise Mart handle?

There are always a lot of 150k+ sf tenants in the market shopping. And, a portion of those will always consider new construction as an option. The market right now is no different. I'll probably be able to get a read on the better prospects later this month or next. In general, the relocations from the suburbs or less frequently out of town are not your top candidates for new construction space. However, there could always be a small number of exceptions. Your bread-and-butter remains existing downtown law, professional/business service/financial tenants with major lease expirations 3-5 years out, who desire completely redesigned/more efficient/better located space. Chicago, luckily for us, almost never has an acute shortage of these - and typically if there is a true drying-up of good new construction prospects, it honestly has to do more with the cyclicality of the macroeconomy - in a significant downturn, tenants as well as even the ever-optimistic developer set (and of course lending community, etc) of course become more risk-averse, and heightened risk aversion and new skyscraper construction are obviously often at odds.....
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  #139  
Old Posted Mar 1, 2016, 5:17 PM
SamInTheLoop SamInTheLoop is offline
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Originally Posted by ithakas View Post
Perhaps a relocation from the suburbs? How many more global HQs can the Merchandise Mart handle?

Hmmm.....supposedly there's this other hulking historic structure on the river that might be a good fit for tenants that want Mart-type space, where there's now next-to no room left......I wonder what can be done to make that adaptive reuse project happen??......
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  #140  
Old Posted Mar 1, 2016, 10:45 PM
Arm&Kedzie Arm&Kedzie is offline
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Originally Posted by ithakas View Post
Minutes after I post this – not a global HQ, but another move to the city headed to the Mart...

http://www.chicagobusiness.com/artic...wntown-chicago
I was talking to someone from Yelp last week and they are expanding their footprint in the Mart as well.
     
     
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