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  #1441  
Old Posted Dec 22, 2019, 9:51 PM
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Is pg1 going to be updated as well as the database page to include this as uc with the host of other highrises that are not marked??? those pages are both like 2 years outdated now.....
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  #1442  
Old Posted Dec 22, 2019, 10:50 PM
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How many floors underground is this thing going?
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  #1443  
Old Posted Dec 23, 2019, 3:00 AM
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  #1444  
Old Posted Dec 23, 2019, 2:31 PM
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Dec 2019

Dec 23rd




Dec 4th




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  #1445  
Old Posted Dec 23, 2019, 5:08 PM
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dup
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  #1446  
Old Posted Dec 23, 2019, 5:12 PM
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Originally Posted by KWillChicago View Post
How many floors underground is this thing going?
None.

It's uncommon for highrises in this area to have any space below ground level. The water table is close to the surface, and unlike a small house, there's no need to dig wall footings on all sides down below the frostline; the caissons go down to -95.
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  #1447  
Old Posted Jan 3, 2020, 2:49 AM
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  #1448  
Old Posted Jan 3, 2020, 1:24 PM
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^ That is one mother of a sleeve!

I still can't believe this one is underway.
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  #1449  
Old Posted Jan 3, 2020, 8:25 PM
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^I feel the same. I might start believing it after it gets past the 3rd floor. I know it's financially stable, but still getting Spire flashbacks.
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  #1450  
Old Posted Jan 14, 2020, 2:35 AM
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  #1451  
Old Posted Jan 14, 2020, 7:54 AM
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"Construction has begun on what will be the third tallest building in London..."

jk - but how funny is the lack of enthusiasm here? Are we really so scarred from Waterview and the Spire? Or is it because this so into uncharted territories in so many ways that we just can't convince ourselves its feasible?

Great shots btw! Thanking you
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  #1452  
Old Posted Jan 14, 2020, 1:10 PM
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^ SCPTSD (Skyscraper Construction) is very real. But every stage reached will bring a sigh of relief for us on this one. I'm looking very much forward to seeing the climbing core formwork arrive in a few months.
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  #1453  
Old Posted Jan 14, 2020, 2:09 PM
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Hasn't 1000M already sold over a quarter of all condos? That sounds pretty good to me, even though I've heard that most of them are the smallest units. Do most other condo buildings in Chicago sell a lot more than a quarter of their condos prior to construction?

For comparison, what percentage of the condos at One Chicago has been sold so far? People seem much more optimistic about One Chicago than about 1000M.
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  #1454  
Old Posted Jan 14, 2020, 2:46 PM
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It just feels like they're desperately trying to get this one under the wire. i.e., the boom is coming to an end.

I have nothing empirical to prove that, but this is the most "forced" construction I can remember in a while.

Anyhow, those are my amateur thoughts.

Last edited by Steely Dan; Jan 14, 2020 at 3:07 PM.
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  #1455  
Old Posted Jan 14, 2020, 3:00 PM
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^^People are optimistic about One Chicago because it's funded and is currently in the vertical phase of construction, whereas 1000M is not quite there yet.
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  #1456  
Old Posted Jan 14, 2020, 3:25 PM
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Also, it's apples to oranges...OC is a mixed use project where lenders would not require a certain % of condos be presold. That & JDL has a proven track record with condos, ie 9 W. Walton, so I am sure lenders are a little more comfortable working with them...
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  #1457  
Old Posted Jan 14, 2020, 5:33 PM
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Quote:
Originally Posted by kolchak View Post
"Construction has begun on what will be the third tallest building in London..."

jk - but how funny is the lack of enthusiasm here? Are we really so scarred from Waterview and the Spire? Or is it because this so into uncharted territories in so many ways that we just can't convince ourselves its feasible?

Great shots btw! Thanking you

These folks have their financing in place. But, at least for me Waterview will always loom large. My wife and I lost a portion of our deposit due to the Teng fiasco.
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  #1458  
Old Posted Jan 14, 2020, 7:52 PM
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Quote:
Originally Posted by bgsrand View Post
Also, it's apples to oranges...OC is a mixed use project
It's true that some websites call it a mixed-use building, but the CTBUH's definition for "residential" is a building where at least 85% of its total floor area is residential, and the CTBUH site does categorize One Chicago as residential: http://www.skyscrapercenter.com/buil...st-tower/31296
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  #1459  
Old Posted Jan 15, 2020, 2:10 AM
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Quote:
Originally Posted by kolchak View Post
"Construction has begun on what will be the third tallest building in London..."

jk - but how funny is the lack of enthusiasm here? Are we really so scarred from Waterview and the Spire? Or is it because this so into uncharted territories in so many ways that we just can't convince ourselves its feasible?

Great shots btw! Thanking you
I think we're all protecting our previously broken skyscraper hearts by under-enthusing and hoping they over-deliver.
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  #1460  
Old Posted Jan 15, 2020, 2:38 AM
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Quote:
Originally Posted by pianowizard View Post
It's true that some websites call it a mixed-use building, but the CTBUH's definition for "residential" is a building where at least 85% of its total floor area is residential, and the CTBUH site does categorize One Chicago as residential: http://www.skyscrapercenter.com/buil...st-tower/31296
Whether or not it is classified as residential use is beside the point here as the discussion is related to condominium sales. At One Chicago there are 77 condo units and 735 apartment units in addition to significant retail and parking area. Of the building, the condos make up a relatively small overall square footage. And the massively qualified retail tenants (Whole Foods and Lifetime Fitness) make it a no brainer with or without condo sales. For what it is worth, I've heard 8 - 10 of the condo units are "sold or in play" for whatever that means. Rest assured JDL will sell these units out. They just sold out 9 Walton at record breaking prices and these units start at the height 9 W Walton left off.

https://liveonechicago.com/
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