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  #481  
Old Posted May 22, 2019, 5:30 PM
Triptychtwo Triptychtwo is offline
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I could be wrong about this being "new" but there's a (i think) new blue construction wrap fencing and a porta-potty on site. I don't remember that being there last week. Now, back to your regularly scheduled d measuring contest to see who can put this project on blast the most...
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  #482  
Old Posted May 22, 2019, 5:54 PM
megalopolis megalopolis is offline
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I’ll check back with you when site work resumes to see if you may have missed a possibility.
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  #483  
Old Posted May 22, 2019, 5:55 PM
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Originally Posted by L.ARCH View Post
I can confirm that progress is being made on the project - specifically the design. I'm not sure about their intended construction schedule, but it's definitely not dead.
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  #484  
Old Posted May 22, 2019, 8:40 PM
Ant131531 Ant131531 is offline
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Originally Posted by L.ARCH View Post
I can confirm that progress is being made on the project - specifically the design. I'm not sure about their intended construction schedule, but it's definitely not dead.
Is the design improved or VE'd?
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  #485  
Old Posted May 22, 2019, 8:42 PM
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Is the design improved or VE'd?
It is probably 33 floors now,,,LOL
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  #486  
Old Posted May 22, 2019, 9:37 PM
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Including the parking podium?
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  #487  
Old Posted May 22, 2019, 9:52 PM
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They’d still consider it a difficult project and need another 2 years to start because it’s over the usual 20-25 floors we are seeing around midtown today.
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  #488  
Old Posted May 22, 2019, 10:07 PM
L.ARCH L.ARCH is offline
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Is the design improved or VE'd?
Revised to include the previously announced office component. The height has not changed.
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  #489  
Old Posted May 22, 2019, 10:20 PM
megalopolis megalopolis is offline
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Revised to include the previously announced office component. The height has not changed.
Awww, don't rain on their parade now. They were just getting started with the snide remarks. LOL. :
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  #490  
Old Posted May 23, 2019, 1:02 PM
dpoulos27 dpoulos27 is offline
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Quote:
Originally Posted by L.ARCH View Post
I can confirm that progress is being made on the project - specifically the design. I'm not sure about their intended construction schedule, but it's definitely not dead.
Interesting, I've heard project is in doubt and not moving forward anytime soon. I guess technically you're right however, it isn't dead.
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  #491  
Old Posted May 23, 2019, 1:43 PM
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daharris80 daharris80 is offline
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Originally Posted by L.ARCH View Post
Revised to include the previously announced office component. The height has not changed.
Going vertical with the office component on spec or is the entire project now on hold until a major tenant is lined up? Lots of developers are marketing office projects right now in Midtown. Crowded field and with what would appear to be very small floor layouts... Perhaps the redesign includes a wider "base" for the office component and then narrowing the tower for the condos?
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  #492  
Old Posted May 23, 2019, 6:04 PM
L.ARCH L.ARCH is offline
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Originally Posted by daharris80 View Post
Going vertical with the office component on spec or is the entire project now on hold until a major tenant is lined up? Lots of developers are marketing office projects right now in Midtown. Crowded field and with what would appear to be very small floor layouts... Perhaps the redesign includes a wider "base" for the office component and then narrowing the tower for the condos?
I'm out of the loop on that first question.. but yes, the office component has a bigger footprint.
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  #493  
Old Posted May 23, 2019, 8:21 PM
Metrophile Metrophile is offline
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New Blue



The new blue tarp thingy. Inspiring, eh? I know, not really...
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  #494  
Old Posted May 23, 2019, 8:59 PM
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The new blue tarp thingy. Inspiring, eh? I know, not really...
Just covers up the embarassing hole that was created 3 years ago..
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  #495  
Old Posted May 23, 2019, 9:11 PM
atlwarrior atlwarrior is offline
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Why do people keep awakening this thread. Have they even secured financing yet? Put this project with Eviva; not enough means to deliver.
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  #496  
Old Posted May 23, 2019, 10:11 PM
dpoulos27 dpoulos27 is offline
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Originally Posted by atlwarrior View Post
Why do people keep awakening this thread. Have they even secured financing yet? Put this project with Eviva; not enough means to deliver.
From what I've heard, no they have not.
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  #497  
Old Posted May 24, 2019, 2:01 AM
megalopolis megalopolis is offline
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Originally Posted by atlwarrior View Post
Why do people keep awakening this thread. Have they even secured financing yet? Put this project with Eviva; not enough means to deliver.
Y'all are hilarious!

We have an insider, probably from the design firm, who says the project is progressing and is not dead and y'all are like...it's dead!
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  #498  
Old Posted May 24, 2019, 10:58 AM
RocketSurgeon RocketSurgeon is offline
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Originally Posted by megalopolis View Post
Y'all are hilarious!

We have an insider, probably from the design firm, who says the project is progressing and is not dead and y'all are like...it's dead!
It's obviously not dead, they wouldn't still be trying to sell units if it was. It does seem unlikely to ever get off the ground, though.

Everything they have done so far appears to be a sales tactic. It's frankly a little bizarre to push dirt around on a site just to make it look like construction has started. Other similarly-priced projects like One Museum Place and Seventh Midtown didn't do anything like that.

Between that and their redesign to include more lower-priced units, it's obvious they've been struggling to make enough pre-sales to make this happen. That's not surprising, considering it would be tripling or maybe even quadrupling Midtown's inventory of $1M+ condos.
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  #499  
Old Posted May 24, 2019, 12:23 PM
megalopolis megalopolis is offline
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To borrow a line from dpoulos27, "from what I've heard" the design documents are hundreds of pages long and are extremely detailed. Does that sound about right, L.ARCH?

So with that information, along with at least 40% pre-sales and a green light from the city to proceed with the re-designed tower, I choose to be optimistic about the chances of this getting off the ground.

This is a far more massive project than One Museum Place and Seventh Midtown, so not a very good comparison.
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  #500  
Old Posted May 24, 2019, 12:32 PM
dpoulos27 dpoulos27 is offline
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Quote:
Originally Posted by megalopolis View Post
To borrow a line from dpoulos27, "from what I've heard" the design documents are hundreds of pages long and are extremely detailed. Does that sound about right, L.ARCH?

So with that information, along with at least 40% pre-sales and a green light from the city to proceed with the re-designed tower, I choose to be optimistic about the chances of this getting off the ground.

This is a far more massive project than One Museum Place and Seventh Midtown, so not a very good comparison.
My info is they are lacking funding currently - it's not dead but not progressing, somewhat of a purgatory development wise.

This one is the long game, if it goes it's going to take a lot more time. That being said I truly hope it happens. Just worry it's 10 years too soon.
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