CHICAGO | Waterview Tower | 1,047' Official / 1,035' Roof | 89 FLOORS |NEVER BUILT - Page 150

lemodulorman · #**2981** Posted **Dec 16, 2009, 5:56 PM**

I'm looking out today from floor 38 of Marina City's West tower and there's a lot of activity going on. There is maybe 15 workers up there and they are seem to be inspecting things and moving items around. So far they've lifted a large generator, concrete skip as well as a large tool box and many wood crates.

Any idea what is going on? Could they be removing the crane? Last I heard is that Teng is still trying to sell and pretend like this whole project never happened...

chi-arch · #**2982** Posted **Dec 16, 2009, 6:02 PM**

Nothing like waiting until the coldest time of year to climb around on this thing

Steely Dan · #**2983** Posted **Dec 16, 2009, 6:06 PM**

Quote:

Originally Posted by chi-arch

Nothing like waiting until the coldest time of year to climb around on this thing

yeah, no kidding.

"we've had 18 months to dismantle this dormant crane, but we though it'd be more fun to do it with 10 below zero windchills."

harryc · #**2984** Posted **Dec 18, 2009, 6:59 PM**

"Finishing off a slab on top"

Tom In Chicago · #**2985** Posted **Dec 18, 2009, 7:04 PM**

Thanks Harry. . . did anyone else notice - perhaps it was already mentioned - that the tower crane has been lowered and it appears as though they're going to dismantle it after this slab is poured? Sorry if it's been discussed already. . .

. . .

jet cm · #**2986** Posted **Dec 18, 2009, 9:08 PM**

Adjustable is pouring some additional structure to support the derrick that will be used to dismantle the crane.

Steely Dan · #**2987** Posted **Dec 18, 2009, 9:10 PM**

^ well, that took a long time, but at least we can now officially move this one to "never built". now that the crane is coming down, there's no hope at all that this is just in some sort of "on hold" limbo anymore. a sad day, but one we all knew was coming.

cest la vie.

chi-arch · #**2988** Posted **Dec 18, 2009, 9:13 PM**

nighty-night Waterview Tower....

Beck4ABigChicago · #**2989** Posted **Dec 18, 2009, 9:49 PM**

Novice question, but if this is "never built" then what does that mean becomes of what is already there? Seems there are three options....1) something will be built, 2) It is done and this is what we get, or 3) it will be torn down (I assume not).

Thanks

Steely Dan · #**2990** Posted **Dec 18, 2009, 10:09 PM**

My hunch is that the existing structure on site will eventually be incorporated into a new project, but that might be years down the road from now.

JACKinBeantown · #**2991** Posted **Dec 18, 2009, 10:39 PM**

Maybe it can be changed to "20-story parking garage - topped out."

J_M_Tungsten · #**2992** Posted **Dec 18, 2009, 11:04 PM**

How can the city allow this eyesore to remain unfinished for "years"?

ChicagoChicago · #**2993** Posted **Dec 19, 2009, 1:55 AM**

Well, I hope this means we (as citizens of Chicago) can get our fucking sidewalk back now.

ChicagoChicago · #**2994** Posted **Dec 19, 2009, 1:58 AM**

Just a thought. The tidying up of the tower and lowering of the crane may be a signal that this thing is about to go into someone else's hands. The new owner isn't going to go through a purchase with a bunch of equipment on site that doesn't belong to them.

Untitled · #**2995** Posted **Dec 19, 2009, 2:14 AM**

Quote:

Originally Posted by J_M_Tungsten

How can the city allow this eyesore to remain unfinished for "years"?

How can the city do anything about it? It sucks, everyone knows it sucks, Teng took a big gamble and lost. If it'd paid off they'd look like geniuses. We can float hopeful ideas all day, but the reality is that we're looking at a chunk of a structure that likely never will be built as it was originally planned. Just figuring out what to do with the site probably will take years.

(the preceding is mostly my opinion, I make no claims to superior or insider knowledge)

Dac150 · #**2996** Posted **Dec 19, 2009, 2:21 AM**

There’s nothing that can be done but hope that a different developer in different times will pick this up and turn it into something. It’s a shame, but it looks like this thing is here to stay for a while. Lesson learned perhaps?

chi-arch · #**2997** Posted **Dec 19, 2009, 10:53 PM**

Yeah, lesson learned the hard way...

Dac150 · #**2998** Posted **Dec 19, 2009, 10:57 PM**

Quote:

Originally Posted by chi-arch

Yeah, lesson learned the hard way...

It’s sad, but this is a prime example of a real estate roll of the dice gone bad.

JC-Chicago · #**2999** Posted **Sep 14, 2010, 6:41 PM**

The original thread was closed, but I wanted to share new information.

Teng & Associates has been sold to Trow Global.

How this relates to Waterview is not yet seen.

http://www.generalatlantic.com/en/news/article/1334

http://www.trow.com/tnw/Default.aspx?langID=EN

*mods, feel free to merge this with the closed thread if you wish. Just thought people might be interested.

Onn · #**3000** Posted **Sep 14, 2010, 6:56 PM**

Unfortunate the thred was closed when there is information like this to post....but ehhh ok.