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  #221  
Old Posted Aug 27, 2015, 12:16 AM
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  #222  
Old Posted Aug 27, 2015, 12:22 AM
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  #223  
Old Posted Aug 27, 2015, 12:29 AM
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  #224  
Old Posted Aug 27, 2015, 1:43 PM
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Quote:
Originally Posted by LouisVanDerWright View Post
Heard some interesting news on the McHugh project the other day:



Apparently the data center that was signed on to this project dropped out of the deal less than a week before it was due to close. One source I know says it's back to the drawing board for the whole project. Another source says the hotel portion is still moving forward while the data center site searches for a new tenant.

Interesting none-the-less.
See page 75 of this presentation:

http://pdnachicago.com/PDNA%20Events...15_2ndPres.pdf
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  #225  
Old Posted Aug 27, 2015, 2:07 PM
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I'm getting confused, weren't there two data centers? One large one adjacent to the new Marriott Marquis hotel and then the other one by the OTHER smaller hotel, just west of there? Per what is indicated on page 75, brian_b, I presume the data center by the smaller hotel is the one that was cancelled, correct? And if so, the OTHER data center next to the Marriott is still active? So confuse.
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  #226  
Old Posted Aug 27, 2015, 2:07 PM
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Doing digging at HoJo:

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  #227  
Old Posted Aug 27, 2015, 2:16 PM
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Originally Posted by sentinel View Post
I'm getting confused, weren't there two data centers? One large one adjacent to the new Marriott Marquis hotel and then the other one by the OTHER smaller hotel, just west of there? Per what is indicated on page 75, brian_b, I presume the data center by the smaller hotel is the one that was cancelled, correct? And if so, the OTHER data center next to the Marriott is still active? So confuse.
Yes, supposedly. However the Marriott-adjacent data center was supposed to start construction before the Marriott Marquis, according to my memory of community meetings that I attended. This Marriott-adjacent data center site still needs additional demolition as there is still a large concrete pad sticking up 3 or 4 feet out of the ground. It appears that nothing has happened there in quite a long time.
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  #228  
Old Posted Aug 27, 2015, 2:18 PM
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^Ahhh, got it. Thanks for clarifying.
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  #229  
Old Posted Aug 27, 2015, 2:20 PM
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Quote:
Originally Posted by sentinel View Post
I'm getting confused, weren't there two data centers? One large one adjacent to the new Marriott Marquis hotel and then the other one by the OTHER smaller hotel, just west of there? Per what is indicated on page 75, brian_b, I presume the data center by the smaller hotel is the one that was cancelled, correct? And if so, the OTHER data center next to the Marriott is still active? So confuse.

I'm confused as well, although not over the two different data centers (as far as I know, we've just been talking about the McHugh one here. That presentation (thanks for posting link, brian) is from February. As LVDW has been giving some updates over the last several weeks, it sounded like his source(s) were indicating this is something that happened (data center tenant pulling out) very recently (maybe last month or so?).......so, is this something that has actually happened twice to McHugh this year - with two different tenants backing out? At any rate, I'm mostly concerned that the hotel and retail move forward this year/early next regardless of what's going on with the data center component.....the presentation indicated that was the case, but then again, it's from February.......
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  #230  
Old Posted Aug 27, 2015, 2:56 PM
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Not wasting anytime at 1001 S State.

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  #231  
Old Posted Aug 27, 2015, 3:14 PM
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^ Yeah, as LVDW previously mentioned, this will have an outsized skyline impact...........at (I think) 440', it will be quite a bit taller than Astoria tower, and even that (do I have the address right here?) 41 E. Eighth tower, I think........


Speaking of 1001 S State, does anybody have a 'read' on the glass yet? Have to get over there and take a closer look myself soon......
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  #232  
Old Posted Aug 27, 2015, 4:08 PM
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1001 S Clark. Topped-out and bare-backed.

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  #233  
Old Posted Aug 27, 2015, 4:48 PM
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Originally Posted by wierdaaron View Post
Topped-out and bare-backed.
Two non-intended puns in a row? ...or?

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  #234  
Old Posted Aug 27, 2015, 5:21 PM
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^ Yeah...lol.

Honestly, I kinda like that darker paint, shown in the sample area around those windows - it makes the entire west elevation disappear......I just wish it didn't have to be painted in the first place; It's such a schizophrenic building design.
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  #235  
Old Posted Aug 27, 2015, 5:21 PM
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Two non-intended puns in a row? ...or?

Jfc the Chicago threads got a lot gayer the last two days. But my mind went there, too. Hopefully, it's well PrEPped.
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  #236  
Old Posted Aug 27, 2015, 6:09 PM
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Any unintended meaning taken from my writing is purely assidental.
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  #237  
Old Posted Aug 27, 2015, 6:27 PM
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Bad news about one of the two anchors for 151 N. Franklin:

August 27, 2015
Law firm backs out of Buck office development
By Ryan Ori

http://www.chicagobusiness.com/reale...office-project

Article states that JBC is still moving forward as planned, but without Freeborn & Peters.
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  #238  
Old Posted Aug 27, 2015, 6:33 PM
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I'm digging the paint color too. I've always liked a big black concrete building.
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  #239  
Old Posted Aug 27, 2015, 6:39 PM
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Quote:
Originally Posted by sentinel View Post
Bad news about one of the two anchors for 151 N. Franklin:

August 27, 2015
Law firm backs out of Buck office development
By Ryan Ori

http://www.chicagobusiness.com/reale...office-project

Article states that JBC is still moving forward as planned, but without Freeborn & Peters.
Freeborn & Peters – the Deandre Jordan of the Chicago real estate world.
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  #240  
Old Posted Aug 27, 2015, 9:28 PM
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The article states that they have filed a demo permit for the Walgreens.
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