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  #40381  
Old Posted Feb 21, 2018, 6:26 PM
the urban politician the urban politician is offline
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^ There is something really appealing about that huge red canopy. I would hope it be kept in the redevelopment
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  #40382  
Old Posted Feb 21, 2018, 6:54 PM
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  #40383  
Old Posted Feb 21, 2018, 8:23 PM
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^ There is something really appealing about that huge red canopy. I would hope it be kept in the redevelopment
Agree completely. Reuse, repurpose
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  #40384  
Old Posted Feb 21, 2018, 10:18 PM
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Tech coworking kicks off another Fulton Market rehab:

http://www.chicagobusiness.com/reale...affery-project
the difference 10 years makes








Last edited by Via Chicago; Feb 21, 2018 at 10:36 PM.
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  #40385  
Old Posted Feb 22, 2018, 12:06 AM
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^ Lol @ the El Faro truck on the top pic. That place is a total hole in the wall in you might call downtown Summit, on Archer and 61st Pl, but it has amazing massive and amazing good burritos.

Crazy the changes that have been made to the area. River Pointe and 150 N Riverside are welcome additions in that 2nd pic.
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  #40386  
Old Posted Feb 22, 2018, 1:59 AM
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As recently as August 2015 I was attending a startup incubator in the area (the startup fizzled..) for several weeks. That place was teeming with meatpacker activity.

How about today? Is any of that still left or all they pretty much all gone?
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  #40387  
Old Posted Feb 22, 2018, 2:16 AM
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Originally Posted by woodrow View Post
Agree completely. Reuse, repurpose
Renderings here show that the red canopy will remain:

https://www.bisnow.com/chicago/news/...elopment-85304
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  #40388  
Old Posted Feb 22, 2018, 3:18 AM
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Originally Posted by the urban politician View Post
As recently as August 2015 I was attending a startup incubator in the area (the startup fizzled..) for several weeks. That place was teeming with meatpacker activity.

How about today? Is any of that still left or all they pretty much all gone?
I used to always go to the Guerrilla Truck Show when NeoCon is in town. Last time I went was maybe four/five ... ? ... years ago and there were still some blocks with odd smelling effluence.

But even back then, we all stood in the middle of Fulton getting hammered, surrounded by design, reminiscing about how the neighborhood had changed from the 90's when you'd leave Shelter and end up at some bizarre after party with ... nope, hold on ... that was more like Grand and Ashland. That shit was rough.
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  #40389  
Old Posted Feb 22, 2018, 5:43 AM
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Originally Posted by the urban politician View Post
As recently as August 2015 I was attending a startup incubator in the area (the startup fizzled..) for several weeks. That place was teeming with meatpacker activity.

How about today? Is any of that still left or all they pretty much all gone?

Unrecognizable compared to 2014/2015. There's certainitly still stuff there. But I mean they're increasingly islands as opposed to well, actually representing a fully functioning and cohesive meatpacking district. It seems like they're dropping by the month, and the change has really accelerated just in the past 12 months I'd say. Once all the projects currently in the pipeline wrap up, I can't even imagine what it will be like. Like I know how many more buildings are supposed to go in, and how many more people will be flooding the neighborhood, but I still cant actually visualize the end result, and the impact it will have.
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  #40390  
Old Posted Feb 22, 2018, 8:51 AM
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New york's 66 floor Nobu has just got underway and chicago cant even get an 11 floor Nobu off the ground? Just sad.
http://forum.skyscraperpage.com/show...209254&page=19
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  #40391  
Old Posted Feb 22, 2018, 12:55 PM
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New york's 66 floor Nobu has just got underway and chicago cant even get an 11 floor Nobu off the ground? Just sad.
http://forum.skyscraperpage.com/show...209254&page=19
No, Mark Hunt can't even get an 11 story Nobu off the ground. I've been ragging on him since we'll before this broke ground, you know, when it took years and years for him to get the site entitled. He is a terrible developer and screwed the pooch once already on the first shot Chicago had at a Soho House over at the Three Arts building. This has nothing to do with Chicago and everything to do with Nobu foolishly partnering with someone who has a track record of failure. I mean how can you not land financing on a project with a tenant like Nobu that you already poured millions of your own money into which also happens to be prominently located in one of the hottest neighborhoods on Earth? Oh and this is all happening during the longest economic boom in US history. Total amateur hour...
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  #40392  
Old Posted Feb 22, 2018, 2:35 PM
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No, Mark Hunt can't even get an 11 story Nobu off the ground. I've been ragging on him since we'll before this broke ground, you know, when it took years and years for him to get the site entitled. He is a terrible developer and screwed the pooch once already on the first shot Chicago had at a Soho House over at the Three Arts building. This has nothing to do with Chicago and everything to do with Nobu foolishly partnering with someone who has a track record of failure. I mean how can you not land financing on a project with a tenant like Nobu that you already poured millions of your own money into which also happens to be prominently located in one of the hottest neighborhoods on Earth? Oh and this is all happening during the longest economic boom in US history. Total amateur hour...
Gotta agree.

West Loop is on fire. They just have their heads up their asses
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  #40393  
Old Posted Feb 22, 2018, 9:04 PM
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https://chicago.curbed.com/2018/2/22...g-bay#comments



Sterling Bay scoops up former Montgomery Ward warehouse for $510M


The historic Prairie School style building at 600 W. Chicago is home to companies such as Groupon
By Jay Koziarz Feb 22, 2018, 11:01am CST

Long associated with repositioning old structures into new office space, Chicago developer Sterling Bay is getting into the habit of picking up large, fully-leased buildings with its acquisition of 600 W. Chicago Avenue.
Designed in 1908 by architects Schmidt, Garden, and Martin as the world’s largest reinforced concrete building, the former Montgomery Ward warehouse comes nearly fully leased with tenants including Groupon, Echo Global Logistics, Uptake Technologies, Jump Trading, Big Ten Network, and Lightbank.

Although Sterling Bay wasn’t behind the structure’s initial adaptive reuse, the company still plans to add value to the 1.65-million-square-foot complex. Proposed upgrades include updates to the building’s common areas and roof deck, new retail spaces, and an improved riverwalk experience.

At $510 million, the transaction represents Sterling Bay’s biggest deal to date. However, the company is expected to soon follow up with an even pricier two-building acquisition of Prudential Plaza for an estimated $680 million...
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  #40394  
Old Posted Feb 22, 2018, 11:56 PM
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Gems ii

Feb 20



Like good citizens they are settling out the sediment before dumping the water down the drain.
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  #40395  
Old Posted Feb 23, 2018, 1:37 AM
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Sears Tower - more lobby

Jan 26



Feb 21

Temporary entrance for skydeck




Clearing the land






We're still watching you !


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  #40396  
Old Posted Feb 23, 2018, 3:56 AM
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Jan 26

Feb 21

Clearing the land
The "Mailbox" entrance on Wacker is closing tomorrow (Friday)
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  #40397  
Old Posted Feb 23, 2018, 4:00 PM
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I'll have to go walk by it, looks almost surreal to see what looks like they're junking the building (even though of course it's just the first floor).

$500M total in plans, that seems sky high. You could built an entire new highrise for that amount.
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  #40398  
Old Posted Feb 23, 2018, 4:14 PM
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Originally Posted by bnk View Post
https://chicago.curbed.com/2018/2/22...g-bay#comments



Sterling Bay scoops up former Montgomery Ward warehouse for $510M


The historic Prairie School style building at 600 W. Chicago is home to companies such as Groupon
By Jay Koziarz Feb 22, 2018, 11:01am CST

Long associated with repositioning old structures into new office space, Chicago developer Sterling Bay is getting into the habit of picking up large, fully-leased buildings with its acquisition of 600 W. Chicago Avenue.
Designed in 1908 by architects Schmidt, Garden, and Martin as the world’s largest reinforced concrete building, the former Montgomery Ward warehouse comes nearly fully leased with tenants including Groupon, Echo Global Logistics, Uptake Technologies, Jump Trading, Big Ten Network, and Lightbank.

Although Sterling Bay wasn’t behind the structure’s initial adaptive reuse, the company still plans to add value to the 1.65-million-square-foot complex. Proposed upgrades include updates to the building’s common areas and roof deck, new retail spaces, and an improved riverwalk experience.

At $510 million, the transaction represents Sterling Bay’s biggest deal to date. However, the company is expected to soon follow up with an even pricier two-building acquisition of Prudential Plaza for an estimated $680 million...
I thought they just recently did something to the roof deck on that building, strange... I guess they are going to add more "amenities" and flip it?
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  #40399  
Old Posted Feb 23, 2018, 4:23 PM
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Originally Posted by MayorOfChicago View Post
I'll have to go walk by it, looks almost surreal to see what looks like they're junking the building (even though of course it's just the first floor).

$500M total in plans, that seems sky high. You could built an entire new highrise for that amount.
I thought the $500 million also was going towards renovating the building and wasn't just the cost of the bottom level addition. If no renovations are taking place then I'm with you, that cost seems ridiculous.
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  #40400  
Old Posted Feb 23, 2018, 4:28 PM
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I thought the $500 million also was going towards renovating the building and wasn't just the cost of the bottom level addition. If no renovations are taking place then I'm with you, that cost seems ridiculous.
I believe that includes the elevator renovations as well which of I heard correctly could cost upwards of $500-$750 thousand a piece.
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