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  #521  
Old Posted May 28, 2019, 12:21 PM
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^^^ It's sustainable timber harvest! Obviously they have to be logged every 15 years and then replanted....

As for the building, 750ft of soulless, forgettable infill. Oh well.
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  #522  
Old Posted May 28, 2019, 2:00 PM
SamInTheLoop SamInTheLoop is offline
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Originally Posted by RedCorsair87 View Post
This one will be completely blocked from the west by the taller 110 N Wacker.
I’m somewhat surprised that they haven’t shifted the siting of the tower as far north as possible on site to change that (allowing at least partial views far west over shorter Boeing tower just across river).


I’m disappointed in the redesign as many others are, but at this point, I just want them to finally land an anchor tenant for this and build the damn thing.
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Last edited by SamInTheLoop; Jun 2, 2019 at 9:55 PM.
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  #523  
Old Posted May 28, 2019, 2:37 PM
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Originally Posted by SamInTheLoop View Post
I’m somewhat surprised that they haven’t shifted the airing of tower as far north as possible on site to change that (allowing at least partial views far west over shorter Boeing tower just across river).


I’m disappointed in the redesign as many others are, but at this point, I just want them to finally land an anchor tenant for this and build the damn thing.
Truer words have not been spoken. It will be a great victory for this project just to hear they have obtained a tenant.
130 N Franklin has been a tortured process to say the least..
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  #524  
Old Posted May 28, 2019, 4:25 PM
LouisVanDerWright LouisVanDerWright is offline
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Eh, I'm ok with this one languishing on the vine for a while. This site is one that actually could support a much larger building and exposing it to some pent up demand might actually result in such an outcome. I'm ok with it getting built as well, but there aren't many sites that deserve a worthy "replacement" such as this.
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  #525  
Old Posted May 28, 2019, 7:41 PM
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Reminds me of 4WTC now.
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  #526  
Old Posted May 30, 2019, 1:55 AM
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I was super excited about the first design and was hoping it would get started soon.But because of the new boring design I hope this stays on delayed till something better gets designed. Otherwise Ok filler.
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  #527  
Old Posted May 30, 2019, 2:46 AM
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I guess the original design was out of their budget?

I like this though, it's sleek and simple. I mean yea you could argue it's kinda lame but realistically not every building is going to be a 1200 foot masterpiece.
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  #528  
Old Posted May 30, 2019, 9:02 AM
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^ This never made sense to me. When your going to an architect to design a serious proposal, not a vision, they would have to give those people a budget to work and design with. Its just a stupid waste of time for both parties to have a $400 million budget but have someone design you a $700 million tower. Those numbers an obvious exaggeration but you get my point. Unless I'm wrong didn't the original design have money/banks secured and approval from the city?
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  #529  
Old Posted May 30, 2019, 4:53 PM
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Originally Posted by rgarri4 View Post
I was super excited about the first design and was hoping it would get started soon.
I just don't see this one starting any time soon. There are so many competing projects further ahead with plenty of room still available: 110 wacker, salesforce, bmo, post office, everything in Fulton Market, etc.
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  #530  
Old Posted May 30, 2019, 6:35 PM
skysoar skysoar is offline
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Originally Posted by r18tdi View Post
I just don't see this one starting any time soon. There are so many competing projects further ahead with plenty of room still available: 110 wacker, salesforce, bmo, post office, everything in Fulton Market, etc.
Perhaps you are right, but I would think that a corporation that wants to occupy a large space, and have its own namesake on a tall office building downtown would still find 130 N Franklin quite attractive. I guess that begs the question though, why has it not happened up to this point. Could it be location, cost, timing, etc.
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  #531  
Old Posted May 31, 2019, 7:24 PM
SamInTheLoop SamInTheLoop is offline
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Originally Posted by r18tdi View Post
I just don't see this one starting any time soon. There are so many competing projects further ahead with plenty of room still available: 110 wacker, salesforce, bmo, post office, everything in Fulton Market, etc.

It’s all about the anchor tenant. 110, WPS, union Station Tower, and it looks like now OPO already each have their anchor tenant. So, those projects aren’t competing with 130 for an anchor tenant - which is the only prerequisite pre-leasing-wise, to landing construction financing and launching a large new downtown office tower.

And - to be clear - there are still multiple large prospective anchor tenants in the market right now. These are -as always - mostly the typical potential relocation from existing downtown space- type new tower anchor tenant. And - as usual - mainly your traditional downtown office-using industries - financial, legal, professional and business services, etc.
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  #532  
Old Posted May 31, 2019, 7:28 PM
SamInTheLoop SamInTheLoop is offline
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Originally Posted by skysoar View Post
Perhaps you are right, but I would think that a corporation that wants to occupy a large space, and have its own namesake on a tall office building downtown would still find 130 N Franklin quite attractive. I guess that begs the question though, why has it not happened up to this point. Could it be location, cost, timing, etc.
The answer is likely not location, cost, timing - any of that.

Answer is more likely found in the competence/efforts/local experience, etc, etc of the development - and importantly - leasing teams. Tishman Speyer is a large owner in Chicago but has not been a significant developer locally. Who is doing their leasing here? Are those the right individuals to land an anchor tenant?? If not, has a change been made after a few years of having anchor tenant after anchor tenant slip through their fingers and lost to other projects. If not, why in the world not? Tishman Speyer has no one to blame but themselves for their lack of success to-date over the last few years with 130 North Franklin.

There is a lot of variation in the experience and competence of specific developers and leasing teams - non-market factors that are crucially important to keep front of mind when assessing, handicapping etc various specific developments’ prospects. A great example is how I was so confident in laughing off that developer’s ‘proposal’ for that South Loop assisted living tower. All one had to do was spend 3 mins. looking into the developer and relevant experience to assess it as nothing more than a fantasy (nothing to do with market factors, business models in the abstract, pent-up demand, etc).
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Last edited by SamInTheLoop; May 31, 2019 at 8:50 PM.
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  #533  
Old Posted Aug 16, 2019, 9:07 PM
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Forgive me for being a bit out of the loop (no pun intended) when it comes to Chicago projects but what's planned (if anything) for the large empty lot one block east of 110 N Wacker? It's along N Franklin street and W Washington.
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  #534  
Old Posted Aug 16, 2019, 9:23 PM
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  #535  
Old Posted Aug 16, 2019, 9:34 PM
The Lurker The Lurker is offline
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It's not a spertall so you may not have heard of it

There's a thread for it but unfortunately I think that rendering is outdated. The most recent rendering is a tower that takes the stepped massing of 110 N. Wacker and the upcoming Union station tower a step further, but two steps back in design and detailing.
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  #536  
Old Posted Aug 16, 2019, 10:15 PM
Sohcatoah Sohcatoah is offline
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Originally Posted by Zapatan View Post
Forgive me for being a bit out of the loop (no pun intended) when it comes to Chicago projects but what's planned (if anything) for the large empty lot one block east of 110 N Wacker? It's along N Franklin street and W Washington.
https://www.ksarch.com/the-tower-at-franklin
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  #537  
Old Posted Aug 16, 2019, 11:30 PM
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Quote:
It's not a spertall so you may not have heard of it

There's a thread for it but unfortunately I think that rendering is outdated. The most recent rendering is a tower that takes the stepped massing of 110 N. Wacker and the upcoming Union station tower a step further, but two steps back in design and detailing.
Right, I started the thread (or this one now that these posts have been moved from the Chicago projects thread) a few years ago for that project but forgot the exact location of the tower, I didn't realize it was so close to the river.

It's a misconception that I only get excited over supertalls, lol. The original design for this was awesome, sad it's no longer a thing... this would be a good location for a supertall though, maybe next cycle?
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  #538  
Old Posted Aug 17, 2019, 12:53 AM
Donnie77 Donnie77 is offline
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Apparently there's so much light coming in that this building will not need lights! *(
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  #539  
Old Posted Aug 17, 2019, 2:44 AM
RedCorsair87 RedCorsair87 is offline
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The stainless steel is growing on me. These are some really nice renderings. Killer views too. Woof!
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  #540  
Old Posted Aug 30, 2019, 3:01 AM
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Originally Posted by rivernorthlurker View Post
They adjusted the webcam so now it's zoomed out and you can see a little more:
https://app.oxblue.com/open/clarkcon...erconstruction
Here's my latest thought on this. I bet the original proposal for this expected to have guaranteed views to the west on the upper floors. But now, 110 Wacker is there at 814ft.

To me, this site now makes better economic sense as a supertall that breaks out above the 800' plateau. I wonder if they'll consider this, or forge ahead as essentially infill. 750' infill, but yeah.

Edit: I'm going to throw this out there. THIS would make an awesome casino site. With a tapering supertall above. It's got location.

Last edited by aaron38; Aug 30, 2019 at 3:37 AM.
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