HomeDiagramsDatabaseMapsForum About
     

Go Back   SkyscraperPage Forum > Global Projects & Construction > Skyscraper & Highrise Construction


Reply

 
Thread Tools Display Modes
     
     
  #501  
Old Posted Mar 19, 2019, 12:50 AM
ardecila's Avatar
ardecila ardecila is offline
TL;DR
 
Join Date: Jun 2006
Location: the city o'wind
Posts: 15,748
Quote:
Originally Posted by Mr Downtown View Post
^Where'd you see that?
Found the article. It's a quote from David Reifman, so I assume it is accurate.

https://chicago.suntimes.com/busines...-developments/

Also appears in a presentation that Reifman gave (PDF):
https://documentersprodassets.blob.c...aringFINAL.pdf
__________________
la forme d'une ville change plus vite, hélas! que le coeur d'un mortel...

Last edited by ardecila; Mar 19, 2019 at 1:02 AM.
Reply With Quote
     
     
  #502  
Old Posted Mar 19, 2019, 2:48 AM
bnk's Avatar
bnk bnk is offline
પટેલ. કે ન
 
Join Date: Mar 2006
Location: chicagoland
Posts: 12,064
Quote:
Originally Posted by ardecila View Post
Found the article. It's a quote from David Reifman, so I assume it is accurate.


Also appears in a presentation that Reifman gave (PDF):
https://documentersprodassets.blob.c...aringFINAL.pdf
That picture on page 11 is insane how the river bended into the area and the miles of train tracks that were removed.
Reply With Quote
     
     
  #503  
Old Posted Mar 19, 2019, 3:11 AM
Mr Downtown's Avatar
Mr Downtown Mr Downtown is offline
Urbane observer
 
Join Date: Nov 2006
Posts: 4,339
Hmmm. The Taylor Street Bridge seems a little less than certain, given that it's listed as a "previously planned improvement" and has no TIF money actually allocated to it.
Reply With Quote
     
     
  #504  
Old Posted Apr 29, 2019, 2:21 AM
SolarWind's Avatar
SolarWind SolarWind is offline
Chicago
 
Join Date: Jun 2006
Posts: 4,692
April 26, 2019





Reply With Quote
     
     
  #505  
Old Posted Apr 29, 2019, 2:50 PM
Handro Handro is offline
Registered User
 
Join Date: May 2017
Location: Chicago
Posts: 1,179
I hope we get a tower or two near/behind the OPO soon to balance out the view from the south branch riverwalk.
Reply With Quote
     
     
  #506  
Old Posted Apr 29, 2019, 2:59 PM
HomrQT's Avatar
HomrQT HomrQT is offline
All-American City Boy
 
Join Date: Dec 2009
Location: Hinsdale / Uptown, Chicago
Posts: 1,880
Quote:
Originally Posted by Handro View Post
I hope we get a tower or two near/behind the OPO soon to balance out the view from the south branch riverwalk.
I've thought this same thing a few times.
__________________
1. 111 W 57 - Manhattan, New York - SHoP Architects - Photo
2. The Smith Center - Las Vegas, Nevada - David M. Schwarz Architects - Photo
3. One Chicago Square - Chicago - HPA and Goettsch Partners - Photo
4. Chicago Board of Trade - Chicago - Holabird & Root - Photo
5. Cathedral of Learning - Pittsburgh - Charles Klauder - Photo
Reply With Quote
     
     
  #507  
Old Posted Apr 29, 2019, 3:07 PM
Skyguy_7 Skyguy_7 is offline
BANNED
 
Join Date: Dec 2012
Location: Chicago
Posts: 2,657
^^^It's funny to see that field of finely graded topsoil so close to the loop and the IH tractor to boot!
Reply With Quote
     
     
  #508  
Old Posted Aug 12, 2019, 8:42 PM
ChiPlanner ChiPlanner is offline
Registered User
 
Join Date: Apr 2018
Location: Lakeview East Chicago
Posts: 159
Took a stroll through the new riverfront park portion of Southbank (I think this is still the correct thread(?)

Of note are the below images. The path directly in front of the new builidnig has this little sign next to it. Perhaps noting that construction will start on the southernmost tower fall of 2020? Anyone have news on the next stage of this development?

Reply With Quote
     
     
  #509  
Old Posted Aug 12, 2019, 9:11 PM
SamInTheLoop SamInTheLoop is offline
you know where I'll be
 
Join Date: Sep 2006
Posts: 5,379
^ I am puzzled over why LendLease has not yet begun work on its second tower at Southbank.


Frankly, along the same lines I also question why CMK hasn't launched their first Riverline tower.
__________________
It's simple, really - try not to design or build trash.
Reply With Quote
     
     
  #510  
Old Posted Aug 12, 2019, 10:08 PM
BonoboZill4's Avatar
BonoboZill4 BonoboZill4 is offline
Registered User
 
Join Date: Aug 2018
Location: PingPong
Posts: 1,588
Quote:
Originally Posted by SamInTheLoop View Post
^ I am puzzled over why LendLease has not yet begun work on its second tower at Southbank.


Frankly, along the same lines I also question why CMK hasn't launched their first Riverline tower.
They aren't renting out many units. Need to prove they can fill one building before the bank gives them a loan for another tower
__________________
I'm here for a long time, not a good time
Reply With Quote
     
     
  #511  
Old Posted Aug 13, 2019, 12:13 AM
sloop.chi sloop.chi is offline
Registered User
 
Join Date: Aug 2012
Posts: 73
Quote:
Originally Posted by BonoboZill4 View Post
They aren't renting out many units. Need to prove they can fill one building before the bank gives them a loan for another tower
Once Post Office tenants start arriving, should help move this development along
Reply With Quote
     
     
  #512  
Old Posted Aug 13, 2019, 12:19 AM
SamInTheLoop SamInTheLoop is offline
you know where I'll be
 
Join Date: Sep 2006
Posts: 5,379
Quote:
Originally Posted by BonoboZill4 View Post
They aren't renting out many units. Need to prove they can fill one building before the bank gives them a loan for another tower
You've seen occupancy stats for the Cooper that are underperforming LendLease's expectations to-date?
__________________
It's simple, really - try not to design or build trash.
Reply With Quote
     
     
  #513  
Old Posted Aug 13, 2019, 1:33 AM
RedCorsair87 RedCorsair87 is offline
Registered User
 
Join Date: Mar 2018
Posts: 515
^Agreed. It sometimes feels like a snoozefest in that area of town.
Reply With Quote
     
     
  #514  
Old Posted Aug 13, 2019, 1:38 AM
AMWChicago's Avatar
AMWChicago AMWChicago is offline
Registered User
 
Join Date: Jan 2012
Location: Chicago
Posts: 202
Quote:
Originally Posted by sloop.chi View Post
Once Post Office tenants start arriving, should help move this development along
That's a great point.
__________________
Please Skyscraper Gods, let Tribune East happen.
Reply With Quote
     
     
  #515  
Old Posted Aug 13, 2019, 6:07 AM
BVictor1's Avatar
BVictor1 BVictor1 is offline
Registered User
 
Join Date: Sep 2002
Location: Chicago
Posts: 9,989
Quote:
Originally Posted by SamInTheLoop View Post
You've seen occupancy stats for the Cooper that are underperforming LendLease's expectations to-date?
Numbers I heard at a lecture is that The Cooper is 60% leased and 50% occupied and this was from 1 month ago.
__________________
titanic1
Reply With Quote
     
     
  #516  
Old Posted Aug 13, 2019, 4:34 PM
BonoboZill4's Avatar
BonoboZill4 BonoboZill4 is offline
Registered User
 
Join Date: Aug 2018
Location: PingPong
Posts: 1,588
Quote:
Originally Posted by BVictor1 View Post
Numbers I heard at a lecture is that The Cooper is 60% leased and 50% occupied and this was from 1 month ago.
Which is pretty crazy because NEMA is already almost at those figures and only just opened. The Cooper has been open for over a year now. Very slow, but like others mentioned, the OPO might be the kick in the butt needed to fill out another 25% and then they can feel good to start the next one
__________________
I'm here for a long time, not a good time
Reply With Quote
     
     
  #517  
Old Posted Aug 13, 2019, 4:51 PM
SamInTheLoop SamInTheLoop is offline
you know where I'll be
 
Join Date: Sep 2006
Posts: 5,379
Quote:
Originally Posted by BVictor1 View Post
Numbers I heard at a lecture is that The Cooper is 60% leased and 50% occupied and this was from 1 month ago.

Ok....that's something to go on.

First move-ins of the 452 unit project were in September last year. And they were 60% leased by this July. Seems to me they were well on their way to having themselves a stabilized asset 12-14 months after opening. To me it seems pretty typical.
__________________
It's simple, really - try not to design or build trash.
Reply With Quote
     
     
  #518  
Old Posted Aug 13, 2019, 4:55 PM
SamInTheLoop SamInTheLoop is offline
you know where I'll be
 
Join Date: Sep 2006
Posts: 5,379
Quote:
Originally Posted by sloop.chi View Post
Once Post Office tenants start arriving, should help move this development along

While the OPO could only be a positive, I don't think it's some huge driver either. Southbank-Riverline stands on its own based on its location a handful of blocks from the CBD. I don't see its success as being somehow dependent on a re-energized SW Loop commercial center (again, it will only help though of course)...
__________________
It's simple, really - try not to design or build trash.
Reply With Quote
     
     
  #519  
Old Posted Aug 13, 2019, 5:07 PM
SamInTheLoop SamInTheLoop is offline
you know where I'll be
 
Join Date: Sep 2006
Posts: 5,379
Quote:
Originally Posted by RedCorsair87 View Post
^Agreed. It sometimes feels like a snoozefest in that area of town.

The area's character definitely attracts residents who are not looking to live amongst tons of nightlife and 3am activity. More about convenience to the Loop, the Lakefront, cultural amenities - and yes, convenience to the nightlife without living on top of it.
__________________
It's simple, really - try not to design or build trash.
Reply With Quote
     
     
  #520  
Old Posted Aug 13, 2019, 6:59 PM
gebs's Avatar
gebs gebs is offline
Registered User
 
Join Date: Jan 2017
Location: South Loop
Posts: 718
Quote:
Originally Posted by SamInTheLoop View Post
The area's character definitely attracts residents who are not looking to live amongst tons of nightlife and 3am activity. More about convenience to the Loop, the Lakefront, cultural amenities - and yes, convenience to the nightlife without living on top of it.
One hundred percent agree. I live in the snoozefest of Dearborn Park and I love it. The Riverline being even farther removed from State Street and Michigan avenue would likely be even quieter.
Reply With Quote
     
     
This discussion thread continues

Use the page links to the lower-right to go to the next page for additional posts
 
 
Reply

Go Back   SkyscraperPage Forum > Global Projects & Construction > Skyscraper & Highrise Construction
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 9:01 AM.

     

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2022, vBulletin Solutions, Inc.