Quote:
Originally Posted by Chicago_Forever
I'm usually just a lurker around here so I hope I'm doing this right. I went looking for updates on this project and found a very recent (4/18/12) and interesting video on Related Midwest's website. A new design is shown in the video and it looks like an SCB design but I like it although it's not as funky as the Destefano design.
Anyway here is the link to the video: http://www.bloomberg.com/video/90868145/
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By the way - Chicago Forever - despite the, ah, pretty disappointed consensus reaction it's sparked, thanks for finding this!
From Curt Bailey's interview, I get the definite impression - not that this surprises at all - that Related's exit strategy for their current 2 Chicago rental projects is condo conversion, and probably as soon as humanly possible.....I think I may have actually saw him drool slightly when speaking about the decline in unsold downtown new condo inventory......
One other thing that definitely irks me with the hyper-pansy-ass stance most developers in Chicago are taking these days with respect to design, is this false conventional wisdom that many observers seem to hold (a comment I saw in the Curbed Chicago comments on the redesign sparked this), that great design is necessarily 'expensive', even prohibitively so for the pro forma returns developers here can expect. That is truly an absolute nonsense. We have probably some of the most creative architects on planet earth based in our very city, and they are perfectly capable of delivering great design at a variety of price points, and related implications to overall project cost per sq ft. Yes, even value-oriented projects can have superb design....