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  #19821  
Old Posted Dec 14, 2021, 12:54 AM
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kolchak kolchak is offline
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The area sure has made a 180 degree turn...


Neighbors of West Loop
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  #19822  
Old Posted Dec 14, 2021, 2:43 AM
Razorback Razorback is online now
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There are a few ultra luxury properties scheduled to come through the pipeline in the West Loop.

6 N Carpenter
  • 6 stories
  • 13 Units
  • Priced between $1.75 million and $3.5 million.

Listings for this project were placed on the MLS this summer. There are several properties currently under contract. In addition, I read somewhere the developer/builder/owner was expecting to start construction late Q4 2021 or sometime early Q1 in 2022.

1010 W Madison
  • 10 Stories
  • 25 Units (Including 2 $6 million dollar penthouses

I honestly feel like this project just reared it's head out of nowhere. Crains and YIMBY both reported this project mid-November 2021. Units are priced between $2 million - $6 million. According to the article in YIMBY, the developer/builder (Fulton Street Companies) is looking to break ground soon (early Q1 2022) due to the success with their pocket listings. They have already sold four condos (with one of those units being a $6 million dollar penthouse).




Quote:
Originally Posted by rivernorthlurker View Post
Holy moly. Over $1000/sqft - wasn't expecting that. Thx for the info!
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  #19823  
Old Posted Dec 14, 2021, 4:02 AM
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808 N Cleveland

December 13, 2021





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  #19824  
Old Posted Dec 14, 2021, 4:04 AM
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Gild - 1210 N State Parkway

December 13, 2021

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  #19825  
Old Posted Dec 14, 2021, 4:47 AM
rivernorthlurker rivernorthlurker is offline
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Quote:
Originally Posted by Razorback View Post
There are a few ultra luxury properties scheduled to come through the pipeline in the West Loop.

6 N Carpenter
  • 6 stories
  • 13 Units
  • Priced between $1.75 million and $3.5 million.

Listings for this project were placed on the MLS this summer. There are several properties currently under contract. In addition, I read somewhere the developer/builder/owner was expecting to start construction late Q4 2021 or sometime early Q1 in 2022.

1010 W Madison
  • 10 Stories
  • 25 Units (Including 2 $6 million dollar penthouses

I honestly feel like this project just reared it's head out of nowhere. Crains and YIMBY both reported this project mid-November 2021. Units are priced between $2 million - $6 million. According to the article in YIMBY, the developer/builder (Fulton Street Companies) is looking to break ground soon (early Q1 2022) due to the success with their pocket listings. They have already sold four condos (with one of those units being a $6 million dollar penthouse).
Oh nice thanks.
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  #19826  
Old Posted Dec 14, 2021, 8:15 PM
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BVictor1 BVictor1 is offline
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160 N. Morgan soon to be demolished for (350')






And soil testing for 1215 W. Fulton Market (415')



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  #19827  
Old Posted Dec 14, 2021, 9:05 PM
rivernorthlurker rivernorthlurker is offline
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Quote:
Originally Posted by BVictor1 View Post
160 N. Morgan soon to be demolished for (350')

And soil testing for 1215 W. Fulton Market (415')
Wow warp speed ahead in Fulton now.
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  #19828  
Old Posted Dec 14, 2021, 9:27 PM
thegoatman thegoatman is offline
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West Loop is on fire. More and more parking lots and non descript buildings are getting replaced by industrial mid and highrises. Will be a very cohesive neighborhood soon.
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  #19829  
Old Posted Dec 15, 2021, 2:43 AM
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160 N Morgan

December 14, 2021





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  #19830  
Old Posted Dec 15, 2021, 2:44 AM
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1201 W Fulton Market

December 14, 2021

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  #19831  
Old Posted Dec 15, 2021, 2:45 AM
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609 W Randolph

December 14, 2021





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  #19832  
Old Posted Dec 15, 2021, 2:46 AM
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166 N Aberdeen

December 14, 2021



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  #19833  
Old Posted Dec 15, 2021, 2:46 AM
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160 N Elizabeth

December 14, 2021



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  #19834  
Old Posted Dec 15, 2021, 2:47 AM
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1045 On Fulton - 1045 W Fulton

December 14, 2021

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  #19835  
Old Posted Dec 15, 2021, 2:49 AM
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354 N Union

December 14, 2021









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  #19836  
Old Posted Dec 15, 2021, 3:00 AM
rivernorthlurker rivernorthlurker is offline
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Quote:
Originally Posted by SolarWind View Post
December 14, 2021



Oh la la.
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  #19837  
Old Posted Dec 15, 2021, 3:20 AM
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Not sure if anyone has a subscription since I can't read it but this could be helpful to speculate if some of the major condo towers will be built soon

What's driving sales at the two hottest high-end condo towers in town?

https://www.chicagobusiness.com/resi...ales-are-going
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  #19838  
Old Posted Dec 15, 2021, 3:48 AM
galleyfox galleyfox is offline
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Quote:
Originally Posted by Zapatan View Post
Not sure if anyone has a subscription since I can't read it but this could be helpful to speculate if some of the major condo towers will be built soon

What's driving sales at the two hottest high-end condo towers in town?

https://www.chicagobusiness.com/resi...ales-are-going

St. Regis
Quote:
He emailed a prepared statement that said, among other things, that “sales have exceeded our expectations” and that “we are approximately 60% sold or under contract.”

According to Crain’s research in the Cook County recorder of deeds online records, by Nov. 10 the developer had closed the sales of 151 units at its 353-unit St. Regis tower. That’s 42% sold.
Quote:
In the sales records Crain’s examined, at least 40% of the buyers’ names recorded in public records are Asian. That’s almost 27% of the sales, a disproportionate figure in a metro area whose Asian population is a little over 6%. This suggests, but does not confirm, that the international sales effort met success.


Tribune Tower
Quote:
Crain’s research in county records shows that the Tribune developers, Golub Realty and CIM Group, have delivered 51 of the 151 condos, or 33%. Jeanne Martini, the tower’s sales director, told Crain’s that with pending contracts included, the figure would be “right at 50%.”
Quote:
Martini estimated that about one-quarter to one-third of the buyers in the tower so far have been buying units for their second home, and the rest are full-time residents. Out-of-town investor buying has been slim to none, she said.
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  #19839  
Old Posted Dec 15, 2021, 3:53 AM
galleyfox galleyfox is offline
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Quote:
Originally Posted by Zapatan View Post
Not sure if anyone has a subscription since I can't read it but this could be helpful to speculate if some of the major condo towers will be built soon
Delivered Condo Breakdown

St. Regis

<1 Million: 7
1M to 1.9M: 97
2M to 3.9M: 40
4M+: 7

Tribune Tower

<1 Million: 7
1M to 1.9M: 22
2M to 3.9M: 16
4M+: 6
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  #19840  
Old Posted Dec 15, 2021, 6:44 PM
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Steely Dan Steely Dan is offline
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we now have a dedicated thread for the Thompson Center redevolpment.

please take all discussion there: https://skyscraperpage.com/forum/sho...d.php?t=249335
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"Missing middle" housing can be a great middle ground for many middle class families.
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