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  #1481  
Old Posted Jan 4, 2022, 2:53 AM
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^ Hopefully they end up preserving/repurposing the Carriage Annex. Instead, let them buy out the crappy Holiday Inn across Canal and put up a full block 60 story office tower instead

And while we are on that pipe dream, Canal and 290 should be made into an at-grade traffic-lighted intersection, with the entire west frontage of the OPO turned into retail.
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  #1482  
Old Posted Jan 4, 2022, 5:16 AM
LouisVanDerWright LouisVanDerWright is offline
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Don't they still have zoning to add some massive tower here?
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  #1483  
Old Posted Jan 4, 2022, 5:47 AM
rivernorthlurker rivernorthlurker is offline
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90% of this behemoth is leased? Incredible! A white elephant no more.
What an incredible success story. A total gift of good fortune to this city.
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  #1484  
Old Posted Jan 4, 2022, 3:25 PM
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Originally Posted by LouisVanDerWright View Post
Don't they still have zoning to add some massive tower here?
Great question. I thought they had approval for a 130-story giant... I wonder if it's lapsed?
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  #1485  
Old Posted Jan 4, 2022, 4:27 PM
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The whole PD is based on Bill Davies' kooky plan for the Post Office which was honestly too overstuffed. They asked for the moon and they got it (building height, FAR, density, you name it) but they also committed to a ton of costly infrastructure. I'm guessing from 601W perspective this looked like a bad deal since they still have all the same costly infrastructure commitments even if they scale down the development plans to what the market will bear. 601W didn't shy away, they took on the project and all the risk and completed Phase I. Now they reap the rewards of a huge and successful office building, but the Phase II and Phase III in the PD are really fanciful. Not sure if those phases can actually be built without 601W going back to City Council to renegotiate the terms of the PD.

For now, these Phase II/III entitlements have not lapsed so they still have the ability to build a supertall on the Sugar House site if they want up to 2000', or a highrise on the Holiday Inn site (minus that crappy little retail building with Harold's Chicken which is not part of the PD).

More likely, I think we get a residential highrise (not supertall) on both sites eventually. The PD allows up to 6,769 residential units and 1,240 hotel rooms. I suppose there's an outside chance that Chase or somebody else comes in demanding a signature office tower, and this is the only riverfront site that's already entitled for such a tower... but it's south of Congress, so that may be a dealbreaker for big anchor office tenants.
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  #1486  
Old Posted Jan 4, 2022, 6:09 PM
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Tom In Chicago Tom In Chicago is offline
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^What about the speed ramps???

. . . I'll see myself out. . .

. . .
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  #1487  
Old Posted Jan 19, 2022, 12:00 AM
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Software consulting firm Focused Labs is moving from Fulton Market to OPO. This building is inching towards being 100% leased

Software Startup Focused Labs Moves Into Old Post Office Building
https://www.builtinchicago.org/2022/...-office-hiring
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  #1488  
Old Posted Feb 28, 2022, 9:33 PM
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VillageMD, a primary health care provider with funding from Walgreens, is moving from the Loop to OPO for larger space

VillageMD takes space at Old Post Office
https://www.chicagobusiness.com/comm...ld-post-office
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  #1489  
Old Posted Feb 28, 2022, 9:40 PM
thegoatman thegoatman is offline
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^Oh wow, this building has to be 100% leased now? Great to see businness still searching for office space.
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  #1490  
Old Posted Mar 1, 2022, 1:59 AM
rivernorthlurker rivernorthlurker is offline
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Quote:
Originally Posted by Randomguy34 View Post
VillageMD, a primary health care provider with funding from Walgreens, is moving from the Loop to OPO for larger space

VillageMD takes space at Old Post Office
https://www.chicagobusiness.com/comm...ld-post-office
Makes sense as Walgreens HQ moved into the OPO iirc.
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  #1491  
Old Posted Mar 1, 2022, 5:53 AM
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^ They are still HQ'd in Deerfield, they simply consolidated their downtown offices in the OPO, and moved a whole bunch of tech and e-commerce jobs down as well. It will be a pretty sizeable presence (1800 employees IIRC), but the execs wanted to remain in the North Shore I guess.
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  #1492  
Old Posted Mar 1, 2022, 7:56 AM
rivernorthlurker rivernorthlurker is offline
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Originally Posted by left of center View Post
^ They are still HQ'd in Deerfield, they simply consolidated their downtown offices in the OPO, and moved a whole bunch of tech and e-commerce jobs down as well. It will be a pretty sizeable presence (1800 employees IIRC), but the execs wanted to remain in the North Shore I guess.
My bad thanks for the correction. I didn't rc.
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  #1493  
Old Posted Mar 14, 2022, 4:02 AM
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Managed to snap a picture of the plaza work going on along the Canal St side. They've totally demolished the concrete deck and they're working on removing the old steel beams. Lots of pipes being held up on temporary shoring while they do the work.

I thought there were Union Station tracks directly under the south plaza, but it's actually just basement space. The north plaza does have tracks beneath, so the work on that end will require some Metra coordination. Explains why they haven't done any demo on the north side yet.



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  #1494  
Old Posted Mar 25, 2022, 5:18 PM
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Looks like they are doing demo on the north plaza, actually. You can see the tracks below!

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  #1495  
Old Posted Mar 25, 2022, 5:56 PM
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Quote:
Originally Posted by ardecila View Post
Looks like they are doing demo on the north plaza, actually. You can see the tracks below!
Did you happen to notice what is going on with the Holiday Inn in that shot? Is it a re-model, or is it too much to hope that it's a teardown?
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  #1496  
Old Posted Mar 25, 2022, 6:35 PM
CaptainJilliams CaptainJilliams is offline
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^ I was wondering the same thing. Does anyone know?
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  #1497  
Old Posted Mar 25, 2022, 7:17 PM
CaptainJilliams CaptainJilliams is offline
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Quote:
Originally Posted by HVAC_Zach View Post
https://www.chicagobusiness.com/comm...4489c4ea8bbdc6

An "improvement" is better than nothing. I actually took part in the 1999 construction project, so please accept my apologies on behalf of the '99 architect!
Thank you! I'll take an "improvement" as well.
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  #1498  
Old Posted Mar 25, 2022, 7:38 PM
thegoatman thegoatman is offline
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That holiday inn needs to meet the bulldozer
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  #1499  
Old Posted Mar 25, 2022, 7:54 PM
marothisu marothisu is offline
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Thank you! I'll take an "improvement" as well.
If they actually make it nice enough, it could pay off. Easy hotel stays for anyone needing to visit any company in OPO.
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  #1500  
Old Posted Mar 26, 2022, 12:08 AM
Chi-Sky21 Chi-Sky21 is offline
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Or someone who wants an overnight in the city near Union or greyhound stations.
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