Quote:
Originally Posted by emathias
It's really too bad that the area keeps getting little stubby 2-story buildings. I mean, seriously, this is supposed to be one of the best urban districts in the country and we're barely building at suburban densities there?
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I budgeted a prior design for this that was much more interesting. I know the demolition cost here was very high because these buildings, which you can see from the overhead pictures spyguy posted, are "landlocked" by the other buildings next to them.
That's a lot of protection of adjacent structures and, coupled with the only access for demolition being in from the front, which has a vaulted sidewalk unlikely to be able to support large equipment, makes it almost all hand-work to bring the buildings down without damaging the other ones left standing, particularly considering that, if I recall correctly, lululemon was built using the next door building's party wall, so that wall has to remain structurally sound and functional the whole way through. All that said, the high demolition costs could easily have contributed to this being only two stories in an attempt to keep overall construction costs low enough to show a strong enough ROI to get a construction loan.
Finally, given the hand-drawn sketch look of it, and the Lagrange-y feel, this looks like something M Development's in-house guy might draw up (he's ex-Lagrange, hence the similarity). If my pure speculation on this from just a sketch is correct, then I will be interested to see, if this is indeed M's building, how long it takes them to get past Reilly. Save for lululemon and the recent renovation of 1009-11 Rush for Ted Baker and another TBD retailer, both no-brainers, he's made shooting them down something of a sport over the past few years.