Quote:
Originally Posted by wierdaaron
This is a few days old, but I haven't heard mention of it here...
Harpo has hired a real estate firm to explore selling their West Loop studio (as well as Oprah's home, but that's less interesting to me).
http://www.chicagobusiness.com/artic...us-up-for-sale
When they built that studio, the West Loop was pretty dead. Now it's probably one of the hottest parts of the city. I'd bet the land is more valuable than the building is, so it seems likely that whoever buys it would probably want to tear it down and build a hotel or condos or a midrise office.
Does anybody here have any insight?
|
Apparently the ideal goal would be to leave the studio in place (we have no shortage of work) and just change landlords. That being said, who knows
After 7 years of being in this building, I wouldn't mind moving to shiny new offices. We still shoot quite a lot of shows, even commercials, hosted Obama fundraisers here, so there is definitely need for studio space.
But speaking of the west loop, I came across this article:
http://urbanland.uli.org/industry-se...el-resurgence/
In it, about a quarter of the way down, I came across this "
In addition, Chicago developer Sterling Bay Cos. is planning a new 150-room hotel on a site adjacent to Google’s new offices" Does anyone have any insight on this? Renderings? I just remember what the old cold storage is suppose to look like.