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    Elysian in the SkyscraperPage Database

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  #201  
Old Posted Sep 2, 2006, 5:48 PM
ComandanteCero ComandanteCero is offline
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Quote:
Originally Posted by STR
That and it has nothing on Grand Plaza Apartments across the street when it comes to ugly. That complex is in a class of its own. They even doubled up the ugly in case you overlooked just one tower.

In fact, I'd boost it up to fugly.

BTW since I've never done a shot explicitly showing Ely, here you go:
ah, thanks!

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  #202  
Old Posted Sep 3, 2006, 12:02 AM
Rocket1 Rocket1 is offline
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Quote:
Originally Posted by jcchii
and yes, STR's model is the best way to see it. It appears green and just west of 900 N. Michigan
(the Bloomingdale's building, as it is sometimes called)


** See post #59, which is on page 3 of this very thread
"It appears green"?

Isn't the Elysian light beige in that image?
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  #203  
Old Posted Sep 3, 2006, 1:58 AM
ComandanteCero ComandanteCero is offline
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you might be thinking of Park tower (the right most tower).
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  #204  
Old Posted Sep 3, 2006, 6:03 AM
Rocket1 Rocket1 is offline
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Quote:
Originally Posted by ComandanteCero
you might be thinking of Park tower (the right most tower).
You're right. I was a bit confused by the NE orientation
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  #205  
Old Posted Sep 6, 2006, 4:32 PM
trvlr70 trvlr70 is offline
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Hell has frozen over!

Just got back from a Labor Day trip to the beach and found this out.
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  #206  
Old Posted Sep 6, 2006, 9:59 PM
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Any pics of the site?

Edit: Nevermind, found some here. Thanks guys! http://www.newcityskyline.com/ElysianConstruction.html
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  #207  
Old Posted Sep 6, 2006, 11:28 PM
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September 6, 2006







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  #208  
Old Posted Sep 6, 2006, 11:34 PM
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AWESOME Update Shots Solar!
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  #209  
Old Posted Sep 7, 2006, 2:31 AM
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Thanks for the pix. . . I hate driving around that part of town so I don't get up there that much. . .
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  #210  
Old Posted Sep 7, 2006, 3:01 AM
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great.
what's the situation on the surface lot across the street, if any
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  #211  
Old Posted Sep 7, 2006, 4:29 AM
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Quote:
Originally Posted by jcchii
great.
what's the situation on the surface lot across the street, if any
The Scottish Rite twin towers will go on that lot.
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  #212  
Old Posted Sep 9, 2006, 8:23 PM
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I love the slender, old look to The Elysian. Very interesting design.
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  #213  
Old Posted Sep 13, 2006, 6:18 PM
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^^ Excellent story. Thanks Luke.
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  #214  
Old Posted Sep 22, 2006, 10:08 PM
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http://www.globest.com/news/728_728/.../149236-1.html

Elysian Begins $275M Hotel/Residential Condo
By Marita Thomas


With final funding of $203 million from Hypo Real Estate Capital Corp., Elysian Worldwide has begun construction of Elysian Hotel and Private Residences. The 60-story tower at 11 E. Walton St. combines 188 hotel condo suites with 51 residential condos.

Two years ago, the developer acquired land at the corner of Walton and Rush streets, according to Mary Beth Malone, a partner along with David Pisor, CEO of Elysian Worldwide. “We originally designed a 39-story building,” she tells GlobeSt.com, “but later acquired a contiguous parcel.” This called for a redesign, which allows for a courtyard and four-story spa, dining and service-retail addition to the tower, “which we needed to expand in order to afford development of the full complex,” she says. The full parcel previously contained surface parking, some small buildings and a 7-Eleven convenience store.

The all-in cost is approximately $275 million, including the cost of the land, she says. Atlanta-based Arcapita is the project’s majority equity partner. Locally based Golub & Co. is the project manager, and its principals are also investors. The architect is Lucien Lagrange, also based here.

“Both the hotel and residential components are now 68% pre-sold,” Malone says. The hotel is expected to open in October 2008 and the first residences will be delivered in late 2008.

The hotel portion occupies floors seven through 26. Units are fully furnished and average 800 sf. Selling prices for a studio begin at $480,000 sf and range between $640,000 and $950,000 for one-bedroom suites. Hotel condos are sold fee simple and deeded with no monthly assessment.

“Owners can join a rental program under which they can opt to ensure use of their unit for 14 nights, 30 nights or 90 nights a year and obtain a respective 42%, 36% or 18% of the revenue their unit produces through rentals. Elysian manages the property and residents and hotel guests share all amenities.

The residential condos, either whole-floor or two to a floor, occupy the top 34 stories and range from 3,400 sf to 12,000 sf. Prices begin at $2.5 million and reach to $6.8 million for the penthouses. “Just one of the seven penthouses is unsold,” Malone says.

The construction loan from Hypo is at an undisclosed floating rate for three years with a one-year extension. The New York City-based lender is a subsidiary of Hypo Real Estate Bank International, which has headquarters in New York and Munich. “Given that [Elysian] is already 67% sold, it clearly will be a very successful project,” says Evan P. Denner, Hypo’s deputy CEO, in a statement.

The developer has formed an operating subsidiary, Elysian Hotels and Resorts. It sees the Chicago property as the first of an Elysian brand of hotel/residential projects. “We’re looking at gateway US cities, such as San Francisco, Los Angeles and Washington DC, and some resort locations,” Malone says. She expects to announce another location within six to nine months.
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  #215  
Old Posted Sep 22, 2006, 10:42 PM
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good
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  #216  
Old Posted Sep 23, 2006, 2:41 PM
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The Elysian



this is a very nice building, who's the architect ?
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  #217  
Old Posted Sep 23, 2006, 4:19 PM
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does anyone know whether STR has a model with scottish rite and elysian both?
I'd be curious to see what they might look like together
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  #218  
Old Posted Sep 23, 2006, 10:14 PM
jamesinclair jamesinclair is offline
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I believe this is my favorite building under construction. Id love one of these in Boston
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  #219  
Old Posted Sep 23, 2006, 10:56 PM
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^ dubai 1

It's by Lucien Lagrange....it's very similiar to his Park Tower, which is just a few blocks away, though I think the style has been refined somewhat for Elysian.
http://www.emporis.com/en/wm/bu/?id=116666

We're curious to see the finished product, since it obviously won't have that aged look just yet right after it's completed.
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  #220  
Old Posted Sep 23, 2006, 11:08 PM
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Quote:
Originally Posted by jamesinclair
I believe this is my favorite building under construction. Id love one of these in Boston
Take it! Please!
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