CHICAGO | Highrise Projects & Construction, v7 - Page 933

Steely Dan · #**18641** Posted **Apr 28, 2021, 6:45 PM**

Quote:

Originally Posted by Randomguy34

The leases will certainly be smaller, but more firms will be looking to move from the suburbs to downtown.

the prospect of getting transferred to a downtown office becomes a much easier pill to swallow for suburbanites when you'll only be expected to make the trek into the city on metra 1 or 2 days a week, instead of all 5.

Bonsai Tree · #**18642** Posted **Apr 28, 2021, 7:00 PM**

If you measure the area of the parking lot, it's pretty close to the same size of floor plate as most of the new office towers around the confluence (River Point, Wolf Point, etc. But if you add Enwave, you'd have a floor plate of around 50,000 square feet which is plenty large for a building of that size. If it's only the parking lot, I doubt it'd be more than 800 feet.

Klippenstein · #**18643** Posted **Apr 28, 2021, 7:24 PM**

I usually just lurk, but I found a clue. Looks like Enwave was bought by an Australian investment manager QIC. Seems like it might not be so far fetched after all.

https://www.prnewswire.com/news-rele...301220164.html

jpIllInoIs · #**18644** Posted **Apr 28, 2021, 9:32 PM**

Quote:

Originally Posted by Klippenstein

I usually just lurk, but I found a clue. Looks like Enwave was bought by an Australian investment manager QIC. Seems like it might not be so far fetched after all.

https://www.prnewswire.com/news-rele...301220164.html

Is it possible we are seeing the new economy-post pandemic- corporate realignments, where the access and commoditization of fresh water becomes a need it now thingy not a possible future thingy??? Big money investment corp from down under purchases a utility that provides said water and also plants a flag in one of the largest cities in the world that is ON one of the largest fresh water sources and also down the street from a global futures trading firm..hey as long as were speculating.

ardecila · #**18645** Posted **Apr 29, 2021, 2:35 AM**

Enwave doesn't provide potable or domestic water, they run district heating/cooling systems. Water is just the medium by which they transmit thermal energy between a central plant and various buildings. They're not commoditizing water any more than ComEd commoditizes copper or Union Pacific commoditizes steel.

The water they use is drawn from a natural source at one temperature and they either extract thermal energy from it (for heating) or they add thermal energy to it (for cooling). After this is done the water is returned to the natural source.

marothisu · #**18646** Posted **Apr 29, 2021, 6:46 AM**

Quote:

Originally Posted by jpIllInoIs

Is it possible we are seeing the new economy-post pandemic- corporate realignments, where the access and commoditization of fresh water becomes a need it now thingy not a possible future thingy??? Big money investment corp from down under purchases a utility that provides said water and also plants a flag in one of the largest cities in the world that is ON one of the largest fresh water sources and also down the street from a global futures trading firm..hey as long as were speculating.

Enwave is headquartered in Toronto, which has a population similar to Chicago and also on a big fresh water lake already.

rivernorthlurker · #**18647** Posted **Apr 29, 2021, 8:52 AM**

Quote:

Originally Posted by jpIllInoIs

Is it possible we are seeing the new economy-post pandemic- corporate realignments, where the access and commoditization of fresh water becomes a need it now thingy not a possible future thingy??? Big money investment corp from down under purchases a utility that provides said water and also plants a flag in one of the largest cities in the world that is ON one of the largest fresh water sources and also down the street from a global futures trading firm..hey as long as were speculating.

Not sure about the fresh water theory - but I think Chicago has a bright future with expected sea level rises over the next 100 years pushing development away from the coasts. Here's to Chicago 2100!

OrdoSeclorum · #**18648** Posted **Apr 29, 2021, 1:08 PM**

Quote:

Originally Posted by rivernorthlurker

Not sure about the fresh water theory - but I think Chicago has a bright future with expected sea level rises over the next 100 years pushing development away from the coasts. Here's to Chicago 2100!

Most potential sea level rise from climate change is due to the thermal expansion of water, which lags by centuries. Melting ice at the poles contributes but also lags. It's unlikely we'd see as much as 30" of sea level rise by 2100... which is nothing to sneeze at, but not enough to make most coastal cities too challenging to inhabit.

But increasingly frequent hurricanes, droughts, floods and spells of oppressive heat, reduced access to water and higher insurance costs put bigger error bars and question marks on every decision and process, acting as a drag on productivity, efficiency and stability. The Midwest will continually look more appealing than it does now relative to the Atlantic coast and places that already have brutal summers.

jpIllInoIs · #**18649** Posted **Apr 29, 2021, 2:19 PM**

Quote:

Originally Posted by marothisu

Enwave is headquartered in Toronto, which has a population similar to Chicago and also on a big fresh water lake already.

This could be an argument in favor of the theory. double down and get a US presence.

Tom In Chicago · #**18650** Posted **Apr 30, 2021, 3:28 PM**

[MODERATOR NOTE] Moved all off-topic discussion >>>HERE<<<

. . .

BVictor1 · #**18651** Posted **May 2, 2021, 7:14 AM**

https://blockclubchicago.org/2021/04...olOWYXWmG0VZjM

Virtual Community Development Meeting For 160 North Morgan

Please join 27th Ward Alderman Walter Burnett Jr. and the West Loop Community Organization (WLCO) for a virtual community meeting regarding the proposed development at 160 North Morgan Street.

Tuesday, May 4, 2021
6PM

[I click here to attend

Meeting ID: 891 2781 2672
Passcode: 543154

33 stories
380'

harryc · #**18652** Posted **May 2, 2021, 2:16 PM**

April 23

not sure if this is the final color - or just sealant.

harryc · #**18653** Posted **May 2, 2021, 3:47 PM**

April 23

harryc · #**18654** Posted **May 2, 2021, 4:56 PM**

April 29

Skyguy_7 · #**18655** Posted **May 3, 2021, 1:06 PM**

Quote:

Originally Posted by BVictor1

https://blockclubchicago.org/2021/04...olOWYXWmG0VZjM

Virtual Community Development Meeting For 160 North Morgan

Please join 27th Ward Alderman Walter Burnett Jr. and the West Loop Community Organization (WLCO) for a virtual community meeting regarding the proposed development at 160 North Morgan Street.

Tuesday, May 4, 2021
6PM

[I click here to attend

Meeting ID: 891 2781 2672
Passcode: 543154

33 stories
380'

I see conflicting proposals; one from Morris, below, and one from BKL. Anyone know which it is?

ChiPlanner · #**18656** Posted **May 3, 2021, 1:09 PM**

Quote:

Originally Posted by Skyguy_7

I see conflicting proposals; one from Morris, below, and one from BKL. Anyone know which it is?

It's the Morris one

Briguy · #**18657** Posted **May 3, 2021, 6:33 PM**

Ones for the revel site. The sterling bay tower is that drive through bank that was momentarily a Gucci pop up

BVictor1 · #**18658** Posted **May 5, 2021, 12:03 AM**

160 N. Morgan

harryc · #**18659** Posted **May 5, 2021, 3:00 AM**

April 26

April 29

harryc · #**18660** Posted **May 5, 2021, 11:53 AM**

April 26

in context

April 29

May 3