I think development on the Jewel parking lots and BP is probably inevitable. That Jewel location used to be very profitable so it might just be a matter of waiting for NEMA II and The 78 to start as well as some of the longer-hanging fruit north on Wabash to raise the value of those lots.
Another site in that cluster is the Trader Joe's parking lot, which is a skinny site but could integrate the building on the corner into its base and taper up. It would have clear sight lines of Grant Park and the lake given the wider base of 1130 S. Michigan.
at least the south loop got one 600-footer and two 800-footers out of this cycle.
the west loop (west of the kennedy) hasn't come close to those marks yet.
The south loop needs the high end workers and the various sites that support them after they move in. The west loop has a ton of momentum in that direction. It needs no help or subsidies.
The south loop needs the high end workers and the various sites that support them after they move in. The west loop has a ton of momentum in that direction. It needs no help or subsidies.
More people = eventual more restaurants, small businesses, nightlife, etc. I think we're just starting to see the inevitable potential of the south loop area. 1000 Mich will definitely throw a log on that fire once active. South Loop is just getting warmed up.
West loop/Fulton Market is already on fire, agreed.
More people = eventual more restaurants, small businesses, nightlife, etc. I think we're just starting to see the inevitable potential of the south loop area. 1000 Mich will definitely throw a log on that fire once active. South Loop is just getting warmed up.
West loop/Fulton Market is already on fire, agreed.
I did get a notice in the mail of a dispensary opening on wabash, so thats a good sign.
Woah, I hadn't noticed and didn't expect that the narrowing of the shear walls at the first amenity floor were going to be expressed on the exterior! Very cool, and some great structural honesty.
Woah, I hadn't noticed and didn't expect that the narrowing of the shear walls at the first amenity floor were going to be expressed on the exterior! Very cool, and some great structural honesty.
It's been 5-6 weeks since they started the overhang and it looks like they're working on the last floor before the 2 amenity levels. It's hard to capture with a camera at the moment, but I can tell this tower is gonna look really cool to stand under because of the larger higher floors. Also, I love the contrast with the older buildings on the corner.
According to the Earthcam from the Field Museum (https://www.earthcam.com/usa/illinoi...am=fieldmuseum), it looks like they've reached the top of the cantilevering floors and are now doing the first amenity floor
Giddyup! We're on to the standard vertical floorplates now.
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Giddyup! We're on to the standard vertical floorplates now.
I wonder if this will rise as fast as other towers, given that the floorplates aren't technically "standard" because they shift a little on the way up? Either way, excited to see this one climb.