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  #161  
Old Posted Sep 12, 2016, 3:58 PM
Ryanrule Ryanrule is offline
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Originally Posted by Mr Downtown View Post
Adding together the two PDs (225 + 1298), I get 14.74 acres.



This very developer did a project (235 W Van Buren) much closer to the financial district that gave him a lot of sleepless nights about whether he was ever going to sell enough units to get out from under his construction loan.

He's out on a long limb here (though Lend Lease is holding a net nearby), but you think he should climb out on thin air. On a site that has no transit access of any kind, and is served by only one 66-foot-wide street. Once the Great Recession's backlog in new household formation has cleared, where do you think this endless procession of millennial purchasers will come from?
235 has shitty layouts and lots of "2 bedrooms" or "1 bedrooms" with those fake fraud half wall bedrooms.

If he wanted to sell better, he should have spent more.
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  #162  
Old Posted Sep 12, 2016, 5:34 PM
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Originally Posted by marothisu View Post
Funny, but you do know you guys could have just walked a few blocks to the Red Line and gotten to Chinatown faster/just as easily right?
Of course. That was how we intended to come back up north because the late evening water taxi schedule was even worse than the early evening schedule. We had wanted to do the water taxi because of how cool it would have been to have gone to Chinatown on the river.

And to keep this on topic, all of the activity on the river helps explain why this project is so river focused and isn't so much worried about views way over there of the Lake.
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  #163  
Old Posted Sep 12, 2016, 6:28 PM
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Originally Posted by HowardL View Post
Of course. That was how we intended to come back up north because the late evening water taxi schedule was even worse than the early evening schedule. We had wanted to do the water taxi because of how cool it would have been to have gone to Chinatown on the river.

And to keep this on topic, all of the activity on the river helps explain why this project is so river focused and isn't so much worried about views way over there of the Lake.
Haha, good. I love taking the water taxi to and from Chinatown. I've shown some of my friends visiting town and some friends I made who just moved to Chicago a handful of months ago. They all loved it and way preferred it to taking the train.
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  #164  
Old Posted Sep 12, 2016, 7:08 PM
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Originally Posted by marothisu View Post
Haha, good. I love taking the water taxi to and from Chinatown. I've shown some of my friends visiting town and some friends I made who just moved to Chicago a handful of months ago. They all loved it and way preferred it to taking the train.
I just took the water taxi yesterday from the Wrigley Building to Chinatown for Dim Sum and back. It was an amazing experience and so relaxing. I can't wait to do it again
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  #165  
Old Posted Sep 12, 2016, 7:45 PM
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DNAInfo is reporting Riverline is breaking ground today. They included an image of the 29 story building from the Wells St side, and boy...that base needs to cover up

Massive Riverline Development To Break Ground Monday
https://www.dnainfo.com/chicago/2016...-ground-monday


Last edited by Randomguy34; Sep 12, 2016 at 8:03 PM. Reason: Today is Monday
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  #166  
Old Posted Sep 13, 2016, 1:32 AM
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September 12, 2016





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  #167  
Old Posted Sep 13, 2016, 1:39 AM
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http://www.chicagotribune.com/news/c...12-column.html


Quote:
Promising South Loop project could herald riverfront revival

Blair KaminContact Reporter
Chicago Tribune

September 12, 2017

It's a rare thing to get a chance to develop 14 acres along the Chicago River, rarer still when that land is a short hike from Willis Tower. Done right, such an undertaking can provide a carefully-choreographed ensemble of buildings that lets people walk to work and frames lively streets, attractive parks and a continuous riverwalk.

It's going to be fascinating, or frustrating, to see if that vision is realized in Riverline, the big South Loop project that lines the river's east bank between Harrison Street and Roosevelt Road. A preview, which came Monday as Mayor Rahm Emanuel and developers broke ground, was encouraging.

With an estimated price tag of $1.5 billion, Riverline will consist of more than 3,600 apartments, condominiums and townhouses. It's one of the largest chunks of land assembled for development in downtown Chicago since the 28-acre Lakeshore East opened north of Millennium Park in 2005. Combine it with the anticipated transformation of the nearby old main post office into offices, as well as Related Midwest's yet-to-be-disclosed plans for homes, stores and offices on the 62-acre riverfront parcel south of Roosevelt, and you have the makings of a South Side riverfront revival.

The Riverline master plan, by the Chicago office of Perkins+Will architects for developers CMK Cos. of Chicago and Australia-based Lendlease, promises to invigorate a weed-infested riverfront site that's been dormant since the 1971 demolition of the Grand Central Station passenger railroad terminal.






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Last edited by BVictor1; Sep 13, 2016 at 1:51 AM.
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  #168  
Old Posted Sep 14, 2016, 3:44 PM
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  #169  
Old Posted Sep 14, 2016, 5:43 PM
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Case Foundation moving in...
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  #170  
Old Posted Sep 14, 2016, 6:00 PM
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Originally Posted by Randomguy34 View Post
They included an image of the 29 story building from the Wells St side, and boy...that base needs to cover up
I dunno, I think it's pretty badass and dynamic. This is Perkins+Will, what did you expect after 235 Van Buren and Contemporaine?

I would much rather see the cars in the garage (either with open walls ala Marina City or glass window wall) than see a giant blank surface.
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  #171  
Old Posted Sep 14, 2016, 10:12 PM
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Yeah the base is not offensive in the slightest, at least in the renderings. That could all change if the materials used on the base suck ass
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  #172  
Old Posted Sep 15, 2016, 2:45 AM
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Originally Posted by Steely Dan View Post
where did you get the 13 acres from? i got 15 acres for the site when i measured in google earth (and i left out the parcel at harrison/wells).

it doesn't change the math much, but 15 acres equals .023 sq. miles, so with 3700 units x 1.5 residents, that would equal 241,000 ppsm.

anyone who thinks that 241,000 ppsm isn't dense enough for this parcel simply has no idea what they're talking about.
I Googled it and the article I pulled said 13 acres. I think the latest ones are still saying 14 acres. We probably should also include half the acreage of the surrounding streets as well to account for the fact that streets are included when looking at ppsm in a larger neighborhood/city context. That said, even if this development were double the landmass, it would still be in excess of 100,000 ppsm. That certainly satisfies my own appetite for density.

While we're on the topic, does anyone know of good studies or reading on residential density in terms of infrastructure cost and livability? I feel like numbers and research would be a good thing to have on hand when talking to the anti-density crowd (i.e. NIMBYs).
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  #173  
Old Posted Sep 15, 2016, 1:38 PM
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Originally Posted by BrinChi View Post
While we're on the topic, does anyone know of good studies or reading on residential density in terms of infrastructure cost and livability? I feel like numbers and research would be a good thing to have on hand when talking to the anti-density crowd (i.e. NIMBYs).
Data is always good, but your plan makes the false assumption that NIMBYs are reasonable.
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  #174  
Old Posted Sep 15, 2016, 4:10 PM
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this is going to be awesome...and when the s. side of roosevelt gets going...and when the PO gets going...momentum-city
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  #175  
Old Posted Sep 17, 2016, 3:11 AM
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09/16/16

Sorry for the shitty picture, I was giving a tour and snapping a picture at the same time. It's not the best angle or position, but you get the idea.

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  #176  
Old Posted Sep 20, 2016, 3:33 AM
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Found this video on riverline thought you guys would enjoy. This is going to truly be a historic development for Chicago.

https://youtu.be/8tKvOlixo9M
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  #177  
Old Posted Sep 20, 2016, 9:20 AM
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^^^ Cool. Good find.
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  #178  
Old Posted Sep 20, 2016, 7:33 PM
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This happened pretty quickly!
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  #179  
Old Posted Sep 22, 2016, 4:18 PM
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I'm pretty sure they're drilling.

I saw Ozinga concrete trucks on site.
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  #180  
Old Posted Sep 22, 2016, 6:10 PM
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Just had the pleasure of shooting shit with an Ozinga driver yesterday who was delivering to one of my projects yesterday who was lamenting they didn't get Vista, but said they had Riverline. I guess Prairie has the contract on Vista, we will see for sure soon!

Are there two one one buildings under construction now? I know they kept saying phase one was a taller rental building and a shorter condo with the associated townhomes, but is the condo tower waiting on presales or something? If so, which tower in the master plan is the condo building they plan to start next?
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