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  #22121  
Old Posted Jan 25, 2023, 5:05 AM
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  #22122  
Old Posted Jan 25, 2023, 6:03 AM
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Thanks dude! And we shall receive...

Hell of a transformation we're all witnessing and I'm sure there's more to come. Come on CTA site.
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  #22123  
Old Posted Jan 25, 2023, 3:01 PM
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^ The proposed design of 1200 Carroll is looking so squat now. I wouldn't be shocked if SB proposed a taller redesign a la 330 Green.
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  #22124  
Old Posted Jan 25, 2023, 3:02 PM
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Holy Jee-bus!
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  #22125  
Old Posted Jan 25, 2023, 11:14 PM
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1400 S Wabash

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  #22126  
Old Posted Jan 25, 2023, 11:15 PM
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140 N Ashland

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  #22127  
Old Posted Jan 26, 2023, 12:06 AM
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My prediction is that you will see a slowdown in construction over the next two years before it picks back up in the next cycle. I think residential construction starts may continue through a mild recession, but at a much slower pace than before. I would expect all developments involving large amounts of office space to get tabled until the economy picks back up again.

Most definitely. The office environment is extremely tough, and in all likelihood it's going to become brutal in the months and quarters ahead. Here's to hoping I'm wrong.
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  #22128  
Old Posted Jan 26, 2023, 2:20 AM
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Most definitely. The office environment is extremely tough, and in all likelihood it's going to become brutal in the months and quarters ahead. Here's to hoping I'm wrong.
No, that's probably a realistic expectation. Now that layoff news is spilling over into non-tech industries, this is probably the beginning of a drawdown on construction starts on any projects involving office. It's why I think 170 Green is still sitting quietly.

The bigger question is what kind if "landing" do we have with the fed interest rates over the coming weeks. If it's a soft landing, maybe we keep getting a splatter of residential buildings to carry us through this "dip". If it's a hard landing, maybe a bit of a drought on the horizon.
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  #22129  
Old Posted Jan 26, 2023, 3:08 PM
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So I've been keeping track of these construction starts for a while now and as of today this is the list of buildings I'm showing technically U/C or topped out:

1 - Salesforce Tower Chicago (Wolf Point South) - 60 fl - 850 ft
2 - 1000M - 74 fl - 805 ft
3 - 900 W Randolph - 43 fl - 495 ft
4 - Riverline :: The Reed at Southbank - 41 fl - 447 ft
5 - Onni Fulton Market - 32 fl - 410 ft
6 - 360 North Green - 24 fl - 399 ft
7 - Cassidy on Canal - 33 fl - 375 ft
8 - 1112 W Carroll - 33 fl - 369 ft
9 - 160 N Morgan - 30 fl - 350 ft
10 - RIU Plaza Chicago - 28 fl - 345 ft
11 - 225 N Elizabeth - 28 fl - 314 ft
12 - 1400 S Wabash - 30 fl - 305 ft
13 - North Union (Moody Bible) :: 868 N Wells - 27 fl - 305 ft
14 - The Shops at Big Deahl :: The Seng - 27 fl - 299 ft
15 - Fulbrix - 27 fl - 293 ft
16 - 808 N Cleveland - 23 fl - 284 ft
17 - 741 N Wells - 21 fl - 255 ft
18 - North Union (Moody Bible) :: 920 N Wells - 21 fl - 250 ft
19 - The Lydian - 22 fl - 242 ft
20 - One Six Six - 21 fl - 241 ft
21 - The Saint Grand - 21 fl - 238 ft
22 - 210 Aberdeen - 19 fl - 238 ft
23 - Obama Presidential Library Center - 8 fl - 235 ft
24 - 1061 W Van Buren - 21 fl - 226 ft
25 - Verso River North - 16 fl - 226 ft
26 - Embry - 15 fl - 207 ft
27 - Sage West Loop - 21 fl - 195 ft
28 - 345 N Morgan St - 11 fl - 178 ft
29 - 140 N Ashland - 12 fl - 154 ft

Does this look correct? Any ommissions? Let me know. . .

. . .
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  #22130  
Old Posted Jan 26, 2023, 10:59 PM
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Does this look correct? Any ommissions? Let me know. . .

. . .
Lydian is completed. They've had a few move-ins already I think.
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  #22131  
Old Posted Jan 26, 2023, 10:59 PM
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Potential new mega development, I might attend the meeting to voice support for the project. Would love to have a dense David Adjaye project in Chicago

David Adjaye-Designed Development in Chicago’s Old Town Comes Into Focus
Quote:
A multibuilding development along three of Chicago’s wealthiest neighborhoods, designed by globetrotting architect David Adjaye, is expected to come into clearer view next week when the developer meets with neighbors.

Chicago-based developer Fern Hill plans to discuss its vision for the parcels along Old Town, Lincoln Park and the Gold Coast in a Feb. 2 meeting scheduled by 2nd Ward Alderman Brian Hopkins.
....
Hopkins said he expects the plan to include at least one residential high-rise, a common type of property in the area. Parcels that could be redeveloped include gas stations alongside the nondenominational church and a parking lot across the street.
...
“They’ve done a lot of things right so far,” Hopkins said of Fern Hill. “It remains to be seen what the neighborhood is willing to accept for height and density.”
https://product.costar.com/home/news/shared/1914629827
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  #22132  
Old Posted Jan 26, 2023, 11:57 PM
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Originally Posted by Randomguy34 View Post
Potential new mega development, I might attend the meeting to voice support for the project. Would love to have a dense David Adjaye project in Chicago

David Adjaye-Designed Development in Chicago’s Old Town Comes Into Focus

https://product.costar.com/home/news/shared/1914629827
The potential here is extremely exciting....
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  #22133  
Old Posted Jan 27, 2023, 12:24 AM
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Originally Posted by Tom In Chicago View Post
So I've been keeping track of these construction starts for a while now and as of today this is the list of buildings I'm showing technically U/C or topped out:

1 - Salesforce Tower Chicago (Wolf Point South) - 60 fl - 850 ft
2 - 1000M - 74 fl - 805 ft
3 - 900 W Randolph - 43 fl - 495 ft
4 - Riverline :: The Reed at Southbank - 41 fl - 447 ft
5 - Onni Fulton Market - 32 fl - 410 ft
6 - 360 North Green - 24 fl - 399 ft
7 - Cassidy on Canal - 33 fl - 375 ft
8 - 1112 W Carroll - 33 fl - 369 ft
9 - 160 N Morgan - 30 fl - 350 ft
10 - RIU Plaza Chicago - 28 fl - 345 ft
11 - 225 N Elizabeth - 28 fl - 314 ft
12 - 1400 S Wabash - 30 fl - 305 ft
13 - North Union (Moody Bible) :: 868 N Wells - 27 fl - 305 ft
14 - The Shops at Big Deahl :: The Seng - 27 fl - 299 ft
15 - Fulbrix - 27 fl - 293 ft
16 - 808 N Cleveland - 23 fl - 284 ft
17 - 741 N Wells - 21 fl - 255 ft
18 - North Union (Moody Bible) :: 920 N Wells - 21 fl - 250 ft
19 - The Lydian - 22 fl - 242 ft
20 - One Six Six - 21 fl - 241 ft
21 - The Saint Grand - 21 fl - 238 ft
22 - 210 Aberdeen - 19 fl - 238 ft
23 - Obama Presidential Library Center - 8 fl - 235 ft
24 - 1061 W Van Buren - 21 fl - 226 ft
25 - Verso River North - 16 fl - 226 ft
26 - Embry - 15 fl - 207 ft
27 - Sage West Loop - 21 fl - 195 ft
28 - 345 N Morgan St - 11 fl - 178 ft
29 - 140 N Ashland - 12 fl - 154 ft

Does this look correct? Any ommissions? Let me know. . .

. . .
4600 N. Marine
https://chicagoyimby.com/2022/12/460...countdown.html
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  #22134  
Old Posted Jan 27, 2023, 2:29 AM
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Cassidy on Canal - 350 N Canal

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  #22135  
Old Posted Jan 27, 2023, 2:30 AM
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1200 W Carroll

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  #22136  
Old Posted Jan 27, 2023, 7:14 AM
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Did you hear that noise? That was the sound of thousands of desktop wallpapers being switched at the exact same time..
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  #22137  
Old Posted Jan 28, 2023, 4:21 PM
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Quote:
Originally Posted by Tom In Chicago View Post
So I've been keeping track of these construction starts for a while now and as of today this is the list of buildings I'm showing technically U/C or topped out:

1 - Salesforce Tower Chicago (Wolf Point South) - 60 fl - 850 ft
2 - 1000M - 74 fl - 805 ft
3 - 900 W Randolph - 43 fl - 495 ft
4 - Riverline :: The Reed at Southbank - 41 fl - 447 ft
5 - Onni Fulton Market - 32 fl - 410 ft
6 - 360 North Green - 24 fl - 399 ft
7 - Cassidy on Canal - 33 fl - 375 ft
8 - 1112 W Carroll - 33 fl - 369 ft
9 - 160 N Morgan - 30 fl - 350 ft
10 - RIU Plaza Chicago - 28 fl - 345 ft
11 - 225 N Elizabeth - 28 fl - 314 ft
12 - 1400 S Wabash - 30 fl - 305 ft
13 - North Union (Moody Bible) :: 868 N Wells - 27 fl - 305 ft
14 - The Shops at Big Deahl :: The Seng - 27 fl - 299 ft
15 - Fulbrix - 27 fl - 293 ft
16 - 808 N Cleveland - 23 fl - 284 ft
17 - 741 N Wells - 21 fl - 255 ft
18 - North Union (Moody Bible) :: 920 N Wells - 21 fl - 250 ft
19 - The Lydian - 22 fl - 242 ft
20 - One Six Six - 21 fl - 241 ft
21 - The Saint Grand - 21 fl - 238 ft
22 - 210 Aberdeen - 19 fl - 238 ft
23 - Obama Presidential Library Center - 8 fl - 235 ft
24 - 1061 W Van Buren - 21 fl - 226 ft
25 - Verso River North - 16 fl - 226 ft
26 - Embry - 15 fl - 207 ft
27 - Sage West Loop - 21 fl - 195 ft
28 - 345 N Morgan St - 11 fl - 178 ft
29 - 140 N Ashland - 12 fl - 154 ft

Does this look correct? Any ommissions? Let me know. . .

. . .

Crazy to think that we only have two 500+ footers U/C right now, and one of them is already topped out and nearly complete. 1000M will remain under construction for some time still, but will there be any projects to replace it as it nears completion? We may be coming up to the first moment in a long, long time where the city will not have any 500+ ft towers under construction!

Side note: can someone stick a flagpole on the top of 900 W Randolph?
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  #22138  
Old Posted Jan 28, 2023, 5:02 PM
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We may be coming up to the first moment in a long, long time where the city will not have any 500+ ft towers under construction!
The chart below is >150m, or >492' (because the CTBUH database is metric), and it shows completion years, not starts, but I'm pretty sure that the few gap years in Chicago's line over the past 25 years had active >150m tower construction filling them, which means we'd have to go back to like 1997 prior to the start of construction of One Superior Place (God, what an awful vertical turd to kick off such a long running tower boom).



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  #22139  
Old Posted Jan 28, 2023, 5:24 PM
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Originally Posted by left of center View Post
Crazy to think that we only have two 500+ footers U/C right now, and one of them is already topped out and nearly complete. 1000M will remain under construction for some time still, but will there be any projects to replace it as it nears completion? We may be coming up to the first moment in a long, long time where the city will not have any 500+ ft towers under construction!

Side note: can someone stick a flagpole on the top of 900 W Randolph?
1000M won’t finish construction until 2025 and there are several 500 ft+ proposals in the West Loop that I would expect should start before then.
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  #22140  
Old Posted Jan 28, 2023, 5:43 PM
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1000M only has 30 floors left, it could be done before even 2024.

The one 500 footer that could be under construction is the casino hotel. Halsted Point was supposed to start construction last year, so who knows what the current timeline is.
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