CHICAGO | Highrise Projects & Construction, v7

[BVictor1]

The plan commission presentation for 301 S. Green St. has dropped.

The first iteration was much more appealing.


https://www.chicago.gov/content/dam/...tion_DRAFT.pdf

[rivernorthlurker]

Originally Posted by BVictor1

The plan commission presentation for 301 S. Green St. has dropped.

The first iteration was much more appealing.


https://www.chicago.gov/content/dam/...tion_DRAFT.pdf

Retaining the serrated walls - still looking pretty good.

[r18tdi]

Originally Posted by BVictor1

The plan commission presentation for 301 S. Green St. has dropped.

The first iteration was much more appealing.


https://www.chicago.gov/content/dam/...tion_DRAFT.pdf

Womp womp. Reminds me of an even more valued engineered Cirrus/Cascade... At least less ice will fall off in the winter. I do like how the tower façade extends all the way to the ground for a less obvious podium.

[Zapatan]

Originally Posted by r18tdi

Womp womp. Reminds me of an even more valued engineered Cirrus/Cascade... At least less ice will fall off in the winter. I do like how the tower façade extends all the way to the ground for a less obvious podium.

Yea, but it's not terrible looking, and not every project is going to be a masterpiece.

If it was proposed as elegant as C&C then downgraded that would be a different story.

[SolarWind]

October 17, 2022

[mh777]

Tower crane permits issued for 225 N Elizabeth.

[SteelMonkey]

Here is the cam link for One Fulton if interested

https://app.oxblue.com/open/clayco/greenstreetdemo

[rivernorthlurker]

Originally Posted by SteelMonkey

Here is the cam link for One Fulton if interested

https://app.oxblue.com/open/clayco/greenstreetdemo

Bookmarked thanks!

[BVictor1]

Originally Posted by SteelMonkey

Here is the cam link for One Fulton if interested

https://app.oxblue.com/open/clayco/greenstreetdemo

Probably won't start until the 1st quarter of 2023.

[Randomguy34]

It's honestly surprising how almost every proposal in Fulton Market the past two years is under construction or soon to break ground. I'd be interested in seeing likelihood of securing financing in Fulton Market compared to other downtown submarkets

[BVictor1]

Originally Posted by Randomguy34

It's honestly surprising how almost every proposal in Fulton Market the past two years is under construction or soon to break ground. I'd be interested in seeing likelihood of securing financing in Fulton Market compared to other downtown submarkets

It'll be interesting to see the dynamic of money flowing into River West with Bally's, Halsted Point, 700 W. Chicago and NOMA.

[Pioneer]

Originally Posted by Toasty Joe

Copying over a list I compiled for another discussion of West Loop high-rise and mid-rise developments. Let me know if I missed any

U/C:
900 W Randolph - 495’
354 N Union - 410’
360 N Green - 399’
160 N Morgan - 350’
225 N Elizabeth - 314’
160 N Elizabeth - 293’
166 N Aberdeen - 241’
210 N Aberdeen - 214’
21 N May (Embry) - 207’
1044 W Van Buren - 195’
345 N Morgan - 178’
140 N Ashland - 154’
732 W Randolph - ~130’
311 S Racine - ~120’
812 W Adams - 100’
6 N Carpenter - ~100’
1340 W Washington - ~80’
1020 W Randolph - 69’
216 S Green St (West Loop Collection) - ~65’
120 N Willard - ~65’
Guinness Taproom


Proposed:
655 W Monroe - 604’
1200 W Fulton - ~600’ & 280’ & 120’
725 W Randolph (Equinox) - 542’ & 231’
601 W Monroe - 535’ & 465’
1300 W Carroll - 514’ & 418’
170 N Green (One Fulton) - 480’
375 N Morgan - ~475’
1234 W Randolph - 470’
330 N Green - ~450’
640 W Washington - 425’
1215 W Fulton - 414’
315 N May - 410’
301 S Green - 404’
210 N Morgan - 380’
1112 W Carroll - 370’
1150 W Lake - 330’ & 222’
1353 W Fulton - 314'
1338 W Lake - 295’
350 N Morgan - 288’
400 N Elizabeth - 270’
800 W Lake - 270’
415 N Sangamon - 260’
37 S Sangamon - 238’
1227 W Washington - 213’
566 W Van Buren - ~200’
917 W Fulton - 172’
1010 W Madison - ~150’
1026 W Jackson - 140’
1032 W Jackson - 130’
1229 W Randolph - 120’
817 W Lake - 109’
Damen Green Line Station


Recently Completed (within ~2 years):
BMO Tower - 727’
800 W Fulton - 326’
167 N Green (Mews) - 290’
1400 W Randolph (Parq Fulton) - 282’
333 N Green - 280’
400 N Aberdeen (Fulton Labs) - 275’
Old Post Office - 230’ (2.5m sq ft redevelopment)
1125 W Van Buren - 220’
1375 W Fulton (West End on Fulton) - 190’
845 W Madison (Porte) - 190’
320 N Sangamon - 181’
215 N Peoria (Fulton East) - 176’
1045 W Fulton - 147’
1454 W Randolph (Evo Union) - 135’
318 N Carpenter - 104’
1400 W Monroe - ~90’
123 S Peoria (Peoria Green) - ~75’
1123 W Randolph - ~70’
14 N Bishop - ~70’
15 N Elizabeth - ~60’
1100 W Fulton - ~60
1032 W Fulton - ~60’

Good grief, that is mind boggling. This agglomeration -- esp. if the majority of proposed come to fruition -- is like a mid-sized (perhaps even large) city skyline constructed in a 3-4 year timeline.

[rivernorthlurker]

311 W Huron

[r18tdi]

Originally Posted by rivernorthlurker

311 W Huron

Finally.

[SamInTheLoop]

Originally Posted by BVictor1

Probably won't start until the 1st quarter of 2023.

I've been very interested to watch if this one is delayed. The reason is that it is truly mixed-use with substantial residential, office and hotel components (ignore the obligatory retail - that's just a smallish ground floor component and while important to the pedestrian and urban experience on the ground, it's not a driver of the overall project from a development finance perspective).

Difficult to pull off if not phased in any economic/financial market circumstances. With the very different performance and near term prospects of the 3 different property types, as well as the enormous change in cost of capital/debt underwriting of the last several months, and the growing and now almost consensus expectation of a '23 recession, the difficulty level of pulling this one off without a major delay or turn toward phasing has increased considerably further.

It seems to be a quite capable development JV working it, and it's a challenge I hope they rise to....nevertheless, one to watch.

[BVictor1]

https://news.northwestern.edu/storie...-northwestern/

Kimberly Querrey, Louis Simpson Trust give $121 million to Northwestern

Transformational gift will significantly expand the University’s biomedical research and executive education program

October 18, 2022 | By Northwestern Now Staff


Part of the gift will support the construction of a 19-level tower with 15 lab floors, expanding  the Louis A. Simpson and Kimberly K. Querrey Biomedical Research Center and making it the largest academic biomedical research facility in the world.

Northwestern University Trustee Kimberly K. Querrey (’22, ’23 P) and the Louis Simpson Trust have made a new $121 million gift to Northwestern to advance biomedical discovery at the Feinberg School of Medicine, reinforce the University’s position as a global research powerhouse and expand executive education at the Kellogg School of Management.

The gift will support four new initiatives at Feinberg: 

$64 million to support the construction of a 19-level tower with 15 lab floors, expanding the  Louis A. Simpson and Kimberly K. Querrey Biomedical Research Center and making it the largest academic biomedical research facility in the world. The center, which opened on the Chicago campus in June 2019, brings physicians together with top-ranked clinical affiliates to solve complex biomedical challenges.

[Steely Dan]

^ I still miss the Goldberg.

That one really stung.

[thegoatman]

Originally Posted by rivernorthlurker

311 W Huron

manhattan level density

[SolarWind]

October 18, 2022

[SolarWind]

October 17, 2022