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    130 North Franklin in the SkyscraperPage Database

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  #1  
Old Posted May 23, 2012, 11:53 PM
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Cool CHICAGO | 130 N Franklin | 751 FT | 51 FLOORS





















Full presentation.



http://chicago.curbed.com/archives/2...-quicklink.php

Quote:
Back in April, we reported that the Crown Family, owner the old the Chicago Mercantile Exchange site, had teamed up with Tishman Speyer to develop the property with a one-million-square-foot office tower. We were encouraged that Krueck & Sexton, the firm behind the awarding-wining Spertus Institute on South Michigan Avenue, had been commissioned to design the building. Now, thanks to an article in the Sun-Times that includes a small, blink-and-you'll-miss-it rendering, we can peep the latest design. The building's height is encouraging as is the sleek blue facade, articulated with subtle indentations reminiscent of Spertus. No word as yet on potential tenants, though Google was rumored to be in the mix. A shiny new skyscraper at the long-vacant site would help redress past transgressions of the Crown family, which opted, amid bitter debate, to demolish the historic exchange building in 2002.
http://www.tishmanspeyer.com/propert...north-franklin

Last edited by i_am_hydrogen; Apr 23, 2015 at 2:46 PM.
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  #2  
Old Posted May 24, 2012, 3:05 AM
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Looks like hints of Spertus.
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  #3  
Old Posted May 24, 2012, 3:11 AM
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Originally Posted by scalziand View Post
Looks like hints of Spertus.
Right you are, given that it was designed by the same firm.
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  #4  
Old Posted May 24, 2012, 2:52 PM
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Originally Posted by scalziand View Post
Looks like hints of Spertus.
The first thing that came to mind when I saw this rendering was actually the Shangri-La Hotel and Residences in Toronto.

I can never remember how to upload a picture so here is the link!
http://forum.skyscraperpage.com/showthread.php?t=148718
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  #5  
Old Posted May 24, 2012, 4:41 AM
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Not a bad looking building. Any chance it'll get a height increase? Or is this still in the planning stages.
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  #6  
Old Posted May 24, 2012, 11:12 AM
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Originally Posted by Zapatan View Post
There is kind of a chess move aspect to this, because if/when this is built, it will become a little harder for the owners of the property to the N to build and market a tall Class A tower, as it would have no southern views to offer. Had the Crowns waited, they would be the ones with the tougher sell.

It's like the Crain's article from a couple weeks ago about Hines pulling the trigger on doing River Point on spec -- coming out of a recession, the first mover has a big advantage, and the last mover gets hosed.

Separately, I am still hoping 101 Wacker eventually gets torn down and replaced with a marquee skyscraper, which will also be somewhat harder due to 130 Franklin. Although it'll probably be the 2020s++ before we again see any Wacker towers getting demolished for bigger things (100 or 150 South may be earlier candidates, not to mention GGP).
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  #7  
Old Posted May 24, 2012, 12:22 PM
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Yeah, GGP said they were looking to redevelope their proper and I was so excited to hear that news because I've always thought their currect HQ was a big waste of space for its prime location. Anyway, I beilieve they made that announcement over a year ago, I'm surprised there haven't been any kind of follow up.
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  #8  
Old Posted May 24, 2012, 3:39 PM
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Originally Posted by denizen467 View Post
There is kind of a chess move aspect to this, because if/when this is built, it will become a little harder for the owners of the property to the N to build and market a tall Class A tower, as it would have no southern views to offer. Had the Crowns waited, they would be the ones with the tougher sell.

It's like the Crain's article from a couple weeks ago about Hines pulling the trigger on doing River Point on spec -- coming out of a recession, the first mover has a big advantage, and the last mover gets hosed.

Separately, I am still hoping 101 Wacker eventually gets torn down and replaced with a marquee skyscraper, which will also be somewhat harder due to 130 Franklin. Although it'll probably be the 2020s++ before we again see any Wacker towers getting demolished for bigger things (100 or 150 South may be earlier candidates, not to mention GGP).
I don't know General Growth has to be one of the more underutilized and ugly buildings on Wacker......it is an fugly embarrassment.
I was walking east across the river at Randolph the other evening around 6ish and it appeared no one was inside general growth at all. I know they declared bankruptcy a while back but is the building still being used by them at all or by anyone.....literally saw no one inside... eerie

Oh sorry see that you mentioned GGP missed that on my first response
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  #9  
Old Posted May 24, 2012, 8:13 PM
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  #10  
Old Posted May 24, 2012, 8:31 PM
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I don't like this proposal....

I adore it!
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  #11  
Old Posted May 25, 2012, 6:29 AM
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Very attractive.
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  #12  
Old Posted May 25, 2012, 10:31 AM
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Originally Posted by spyguy View Post
Ahh, I see, the separate lot across the alley to the north is part of the project. I guess they are under the same ownership now. Anyway, it's a bustle! And initially it seemed almost like a parking podium (obviously rare for office towers) but one of the streetside renders shows office lighting on those floors (maybe another conference center like at UBS Tower or extra-long "trading floors").

I guess we get this exciting design because it's not a vanity address (Wacker, LaSalle) and has a lot of blocked views on the lower floors, so the developer has to attract tenants some other way. That bodes well for 222 W Randolph someday.

I only wish the crown were a little more interesting; this will be an interesting tower only within a 1 block radius, and otherwise it will be kind of a dud on the skyline (even 155 N Wacker has a little dynamism to it, and it barely pokes into the skyline).
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  #13  
Old Posted Jun 14, 2012, 1:12 PM
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Quote:
Originally Posted by denizen467 View Post
Ahh, I see, the separate lot across the alley to the north is part of the project. I guess they are under the same ownership now. Anyway, it's a bustle! And initially it seemed almost like a parking podium (obviously rare for office towers) but one of the streetside renders shows office lighting on those floors (maybe another conference center like at UBS Tower or extra-long "trading floors").
...
It's at least partially a parking podium, for two reasons:

1) It would replace a parking lot, and there would be demand for parking.
2) If you look at the image of the north elevation, you can see that the west half of the "midrise" is higher than the east half, caused by a curving slope just like a parking garage would have.

Now, it appears to have some sort of retail in the bottom, so it's not *only* a parking podium, but it seems pretty obvious to me that at least one of its purposes is to hold parking.
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  #14  
Old Posted Jun 14, 2012, 12:41 PM
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Originally Posted by spyguy View Post


ardecila, I totally agree about that "annex." Based on the above rendering, it appears as though it's meant to be an intersecting volume; there's a small portion that protrudes from the other side.

I really hope this happens. Our local talent deserves these opportunities, Krueck+Sexton especially.
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  #15  
Old Posted Jun 14, 2012, 7:38 PM
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Originally Posted by Ch.G, Ch.G View Post


I really hope this happens. Our local talent deserves these opportunities, Krueck+Sexton especially.
x10!!! YES.

This is easily the best prospect in Chicago if you ask me!


ksarch.com


Can someone post [or re-post] a Tribune or Craig's report on this or something with detailed info? Also, will this occupy the eastern half of the block from Randolph to Washington? Never mind, it apparently will.
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  #16  
Old Posted May 24, 2012, 8:30 PM
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Wow, that's nice
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  #17  
Old Posted May 24, 2012, 8:38 PM
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Damn, that is so nice it almost makes me rethink my somewhat hardcore preservationist stance.

Then again, by the time anything gets built here I'll guess the site has been vacant a dozen years and there are plenty of other places it could've gone.

In conclusion, the Crown family can still eat shit, but please build this tower also.
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  #18  
Old Posted May 24, 2012, 9:00 PM
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Thanks for posting the additional renderings! Looks really good.
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  #19  
Old Posted May 24, 2012, 9:28 PM
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That design definitely doesn't hurt my eyes to look at, but all the same I think it's kinda boring. That spot's been vacant so long, I would really have hoped to see something unusually creative proposed - especially from such famous owners.
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  #20  
Old Posted May 24, 2012, 10:24 PM
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^ Maybe the building will have images of faces on the side, spouting water? That sounds about right for the Crowns
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