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  #101  
Old Posted Sep 25, 2015, 1:04 PM
LouisVanDerWright LouisVanDerWright is offline
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Cool

Quote:
Originally Posted by Mr Downtown View Post
I assume this is the supertall cantilevered over a landmark that we've been hearing about for a couple of years, right?
Maybe
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  #102  
Old Posted Sep 25, 2015, 1:07 PM
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jc5680 jc5680 is offline
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Originally Posted by Ch.G, Ch.G View Post
Maddening? I'm legitimately concerned I might spiral down a rage-induced k-hole and wake up in a few days with the decapitated heads of every "Friends of" president at the foot of my bed.
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Originally Posted by Ch.G, Ch.G View Post
I would kill to see this happen. I mean. Just. Murder. Someone.
I mean, if you connect the dots here…
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  #103  
Old Posted Sep 25, 2015, 1:35 PM
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Steely Dan Steely Dan is online now
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let's please stay on topic.
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  #104  
Old Posted Sep 25, 2015, 2:54 PM
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Quote:
Originally Posted by jc5680 View Post
I don't think he means this site specifically, rather the mythical project that was cantilevered over a landmark that someone (lvdw?) had said they had knowledge of but never gave much in the way of details about.
I mean, the cantilever isn't even on the park side (essentially). So either the design/orientation changed, there was some liberty taken in the rumor, or it's different altogether.
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  #105  
Old Posted Sep 25, 2015, 5:06 PM
SamInTheLoop SamInTheLoop is offline
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Quote:
Originally Posted by chris08876 View Post
Don't jinx it. Shhh... I'd be a shame if this was the spire situation all over again. Let us bask in our skyscraper high for the meantime. As long as we can get steel in the ground, and this rising past the foundation, all is well. Hopefully since they are a Miami developer, and given the trend of developers in S.Florida of doing this, they will start sales really early, while this is still in the design stage. And I mean really early.

Nope - these are two New York developers - JK Equities and Time Equities. If you're thinking of Crescent Heights and 113 E Roosevelt, wrong thread....
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  #106  
Old Posted Sep 25, 2015, 5:07 PM
SamInTheLoop SamInTheLoop is offline
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Originally Posted by emathias View Post
Would 1326 S Michigan be visible from that angle, too?
Yes, 1326 S Michigan would be visible....
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  #107  
Old Posted Sep 25, 2015, 7:28 PM
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Ch.G, Ch.G Ch.G, Ch.G is offline
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Originally Posted by jc5680 View Post
I mean, if you connect the dots here…
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let's please stay on topic.
Fine. But lock your doors.
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  #108  
Old Posted Sep 25, 2015, 8:55 PM
orulz orulz is offline
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This rapidfire wave of enormous residential project announcements tells me that we are likely entering (or already in) the bubble phase of the economic cycle that has been the rule since, well, ever. Some of these big projects may get off the ground but probably not all.

Rest assured though, even after the inevitable bubble inevitably busts, fiveish years later, a recovery is inevitable and we'll be back into boomland again.
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  #109  
Old Posted Sep 26, 2015, 3:04 AM
FlashingLights FlashingLights is offline
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this thing blows me away gorgeous
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  #110  
Old Posted Sep 26, 2015, 4:43 AM
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Quote:
Originally Posted by orulz View Post
This rapidfire wave of enormous residential project announcements tells me that we are likely entering (or already in) the bubble phase of the economic cycle that has been the rule since, well, ever. Some of these big projects may get off the ground but probably not all.

Rest assured though, even after the inevitable bubble inevitably busts, fiveish years later, a recovery is inevitable and we'll be back into boomland again.
This rapid-fire wave of enormous projects tells me that developers want to get their shit into the city before the affordable housing ordinance goes into effect in mid October.
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  #111  
Old Posted Sep 26, 2015, 6:19 AM
b0soleil b0soleil is offline
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Quote:
Originally Posted by SamInTheLoop View Post
Yes, 1326 S Michigan would be visible....
1326 S. Michigan would go inbetween the 2 "short" (30 story) beige towers to right of the ghost tower (phase 2 Michigan and Roosevelt Vinoly tower) and it'll be 2 stories taller than the orange tower in the rendering.)

Last edited by b0soleil; Sep 26, 2015 at 6:34 AM.
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  #112  
Old Posted Sep 26, 2015, 12:22 PM
the urban politician the urban politician is offline
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Originally Posted by BVictor1 View Post
This rapid-fire wave of enormous projects tells me that developers want to get their shit into the city before the affordable housing ordinance goes into effect in mid October.
Yep. Which sucks, actually, because some of these proposals may end up being years away.
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  #113  
Old Posted Sep 26, 2015, 12:50 PM
joeg1985 joeg1985 is offline
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Quote:
Originally Posted by BVictor1 View Post
This rapid-fire wave of enormous projects tells me that developers want to get their shit into the city before the affordable housing ordinance goes into effect in mid October.
Will these projects really be approved by the city council before that ordinance takes effect. I doubt that. They will have to comply just like all the rest.
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  #114  
Old Posted Sep 26, 2015, 12:53 PM
Notyrview Notyrview is offline
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It doesn't suck for people applying for affordable housing.
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  #115  
Old Posted Sep 26, 2015, 1:11 PM
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Originally Posted by joeg1985 View Post
Will these projects really be approved by the city council before that ordinance takes effect. I doubt that. They will have to comply just like all the rest.
They don't have to be approved before the ordinance takes affect, just filed to the city.
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  #116  
Old Posted Sep 26, 2015, 3:26 PM
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Chicago really seems to be on Fire awesome proposal and with Jahn you cant go wrong. Lets hope it won´t get too VEd
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  #117  
Old Posted Sep 26, 2015, 3:39 PM
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Quote:
Originally Posted by b0soleil View Post
1326 S. Michigan would go inbetween the 2 "short" (30 story) beige towers to right of the ghost tower (phase 2 Michigan and Roosevelt Vinoly tower) and it'll be 2 stories taller than the orange tower in the rendering.)
WOW! i really underestimated the caliber of that building
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  #118  
Old Posted Sep 26, 2015, 11:23 PM
VKChaz VKChaz is offline
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Quote:
Originally Posted by BVictor1 View Post
They don't have to be approved before the ordinance takes affect, just filed to the city.
Do you know what happens after that? For example, does construction need to be begin/finish by a certain point in order to maintain the exemption?
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  #119  
Old Posted Sep 27, 2015, 1:13 AM
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Originally Posted by VKChaz View Post
Do you know what happens after that? For example, does construction need to be begin/finish by a certain point in order to maintain the exemption?
No, construction start has nothing to do with it. Projects/rezoning requests must be introduced to City Council by October 15th and approved within 9 months of that date.

Likely most of these applications will be deferred while developers hash out the specifics of the project with aldermen and community groups. Assuming they can reach agreements with the community within 9 months, the rezoning will be approved and developers can proceed with the project under the old rules.

The difference between the new and old rules is $6000 per unit, so on this project, the developer stands to save just over $3 million by filing early. Not chump change...
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  #120  
Old Posted Sep 27, 2015, 6:09 AM
N830MH N830MH is offline
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Originally Posted by Steely Dan View Post
let's please stay on topic.
Thanks mods.

Please stay on topics and follow the rules. You don't want to get a trouble. You must be more respectful to others member. Be nice to each others.
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