CHICAGO | Highrise Projects & Construction, v7 - Page 576

the urban politician · #**11501** Posted **May 21, 2018, 10:08 PM**

Good news

Notyrview · #**11502** Posted **May 21, 2018, 10:28 PM**

Whoa that's insane and awesome. The core is so self-sustaining at this point.

the urban politician · #**11503** Posted **May 21, 2018, 10:44 PM**

^ It seems to be operating on different rules than the neighborhoods.

Almost like....hmmm....a separate borough?

Notyrview · #**11504** Posted **May 21, 2018, 10:53 PM**

haha are you trying to get exiled to Siberia?

pip · #**11505** Posted **May 21, 2018, 10:59 PM**

05 was before the recession. I wonder what caused the dip in absorption?

Notyrview · #**11506** Posted **May 21, 2018, 11:22 PM**

Quote:

Originally Posted by pip

05 was before the recession. I wonder what caused the dip in absorption?

Probably because everyone was buying a condo

left of center · #**11507** Posted **May 21, 2018, 11:33 PM**

Interesting graphs, the number of rentals hitting the market is indeed insanely impressive, especially when compared to the boom years before the Great Recession.

Granted, the numbers may be a bit skewed since the '02-'08 cycle was mostly a condo boom, with limited apartment unit growth. In fact, a lot of apartment buildings went condo, removing a lot of units from the market. Anyone have any raw data on condo sales over this same time period?

Also, what are the metrics used for "downtown" by the graph? I skimmed the article, but I don't think they specified, other than saying it was the "greater downtown area"

the urban politician · #**11508** Posted **May 21, 2018, 11:59 PM**

When you have pizza THIS good, people are gonna keep coming to town

marothisu · #**11509** Posted **May 22, 2018, 12:15 AM**

It's interesting too as I've been tracking sale data for all community areas of Chicago for the last 9 months. The number of condos sold in April in Near North Side was a high for that amount of time. The month before that, March, was a high at the time. It's just continuing to increase. So far May is basically in line with the number of sales in NNS for April.

LouisVanDerWright · #**11510** Posted **May 22, 2018, 1:01 AM**

Quote:

Originally Posted by Notyrview

Probably because everyone was buying a condo

It was caused by mass conversions of apartment towers to condo. As units are destroyed absorbtion goes negative.

harryc · #**11511** Posted **May 22, 2018, 5:35 PM**

May 18

Room with a view

And a balcony

harryc · #**11512** Posted **May 23, 2018, 12:35 AM**

May 16

IrishIllini · #**11513** Posted **May 23, 2018, 2:04 AM**

Quote:

Originally Posted by Near North Resident

what? It looks horrible in person, seriously its a complete busy mess of total recent trend crap... went by it yesterday and was like, ew what an eyesore this monstrosity is

Lol, I agree...it's pretty bad IMO. I don't think I cared for the renderings either...

Great to see the market holding up. Does Amazon know what we've got in the pipeline?

harryc · #**11514** Posted **May 23, 2018, 2:29 AM**

May 8

May 9

May 10

May 15

Flaccer05 · #**11515** Posted **May 23, 2018, 2:34 AM**

Fulton Market/West Loop Update, May 22

Hoxton Hotel

Nobu on left, Hoxton on right

Nobu Hotel
Nobu in foreground, Hoxton in background

Flaccer05 · #**11516** Posted **May 23, 2018, 2:51 AM**

Moving fast on Milieu. Happy for increased density but sad to see this one go

https://goo.gl/maps/2Sjyy5P4wir

marothisu · #**11517** Posted **May 23, 2018, 6:02 PM**

Zoning plan submitted for the site next to K2 in West Loop from that developer from Danville, CA. I don't think much has changed since we last heard about this. 38 floors, 450 feet, and 373 units with 145 parking spaces.

gebs · #**11518** Posted **May 23, 2018, 7:17 PM**

A view of the rising South Loop from the 53rd floor of the Sears Tower
22 May 2018

[IMG]

[/IMG]

Wish I could travel back in time and take this exact same picture in the 90s.

230Roberto · #**11519** Posted **May 23, 2018, 8:46 PM**

Quote:

Originally Posted by marothisu

Zoning plan submitted for the site next to K2 in West Loop from that developer from Danville, CA. I don't think much has changed since we last heard about this. 38 floors, 450 feet, and 373 units with 145 parking spaces.

Any more info on this? Thanks.

Fvn · #**11520** Posted **May 23, 2018, 8:51 PM**

Quote:

Originally Posted by 230Roberto

Any more info on this? Thanks.

352 n Union?

https://www.chicagoarchitecture.org/...h-union-tower/