CHICAGO | Hyde Park Development

[LouisVanDerWright]

Originally Posted by UChicagoLand

Could Antheus' apparent issues affect Solstice or 53rd & Cornell?

http://hpherald.com/2017/03/29/anthe...ial-struggles/

Highly doubtful that this indicates any real financial troubles for them. If a bank just issued them construction debt to build Solstice and another bank just refinanced a $100 million + loan if there was any question as to their solvency. Banks don't exactly just hand cash out without doing any diligence.

[UChicagoLand]

Solstice photos:

https://pbs.twimg.com/media/C6vVCNXWoAAANNK.jpg

https://twitter.com/adjustableforms/...17291670720513

from @adjustableforms

[UChicagoLand]

Spectacular views of UChicago campus. And about 1:10--North Campus, Vue53, and City Hyde Park all in the frame:

https://www.youtube.com/watch?v=K0Gfx-q_twY

At :34 you can see Solstice construction in background.

[UChicagoLand]

Could 63rd St be the next 53rd St?

http://chicago.curbed.com/2017/3/30/...lofts-woodlawn

If 63rd St actually did become great again, and became a real alternative for South Hyde Park, that would be kind of interesting since technically 59th and 60th Streets are closer to 63rd Street than 53rd Street. Suddenly students, not to mention others, could head south instead of north for shopping.

[UChicagoLand]

Originally Posted by spyguy

I thought it was about time to finally start a separate thread for all of the projects going in Hyde Park. It's hard to really understand the changes in this area without looking at the whole picture.

So this thread is focused primarily on the transformation of 53rd Street. Feel free to add anything you think is relevant. I will definitely be adding construction photos, new retail tenants, and projects/ renderings in the near future.



Harper Court
Mixed-use development with office, retail, residential

Phase 1:
Retail podium with structured parking - LA Fitness, Chipotle

Office tower - 150,000 square feet leased to the University of Chicago, retail on first two floors

Hyatt Place Hotel - 130 rooms, winebar/restaurant

Future phases: residential tower and mid-rises

City Hyde Park
179 units
Retail tenants: Whole Foods, Chase bank, Original Pancake House

Harper Theater - renovation
Retail tenants: Five Guys, 5-screen New 400 Theaters with Metropolis Coffee cafe

Former Borders Building -exterior facade changes
Retail tenants: Akira flagship, possible restaurant/entertainment concept

Clarke's Diner - open 24/7
1447 East 53rd

Jamie Manley/The Chicago Maroon

Kilwin's chocolate and fudge shop
5226 South Harper

53rd Street Bicycle Station

Future Developments:
McMobil redevelopment - graduate student housing and retail
53rd and Cornell - residential and retail building likely (possibly a tower)

The good news is that just about 5 years after you created this thread pretty much everything you mentioned in the first post has happened or is in the works--and a few extras thrown in, such as Solstice, and the boutique hotels on 53rd and 60th, to say nothing of all the campus development...

[Rocket49]

Are images of the projects still available?

instead of an image, I see a ? symbol

[UChicagoLand]

Originally Posted by Rocket49

Are images of the projects still available?

instead of an image, I see a ? symbol

Me, too. No images--just ???

[spyguy]

The first page is 5 years old...images uploaded freely don't always survive that long. In any case, as you said, most of those projects have been completed so you can see the final results firsthand (or Google Streetview).

[UChicagoLand]

Nimby's whine about 53rd and Cornell:
http://hpherald.com/2017/04/14/hyde-...perty-meeting/

[BVictor1]

Originally Posted by UChicagoLand

Nimby's whine about 53rd and Cornell:
http://hpherald.com/2017/04/14/hyde-...perty-meeting/

Currently being presented at the plan commission with an updated rendering.

There's bit of contention about minority participation regarding this project.

Because of no public subsidies, it seems like the developer doesn't want to meet city standards of 26/6

Looks like the commission wants to change the rules (in the future) for all plan developments to meet said standards.

APPROVED! As the project meets CURRENT REQUIREMENTS (two no's)

Construction could begin within the next 8-12 months.

[Mikemak27]

bvic, what do you mean, because of no public subsidies, developer doesnt want to meet city standards of 26/6? And what proposed changes did the plan commission talk about they would change for the future?

[BVictor1]

Originally Posted by Mikemak27

bvic, what do you mean, because of no public subsidies, developer doesnt want to meet city standards of 26/6? And what proposed changes did the plan commission talk about they would change for the future?

I'm guessing they mean no TIF monies. I think the commission want the minority participation threshold across the board for any and all projects.

[Skyguy_7]

^^ I believe the 26/6 standard means 26% Minority Business Enterprise and 6% Female Business Enterprise participation among the various subcontractors. If the firm is owned by minority or female, and certified with the city/state, it would qualify as MBE/FBE. For instance, CPS work is 30/7, UIC work is 30/5.

I am proud of the developer here for pushing back against the city emphasizing a business owner's skin color over the content of their character, let alone qualifications of their company. This push for 'equality' also means that no matter how many minorities or women you employ, if you're just a non-minority guy who owns a painting company, your proposals get tossed, no matter the price, and your employees sit at home, every time you're up against an MBE/FBE-owned company when the owner or GC is concerned about meeting their quota. It' a sad system.

[UChicagoLand]

I think I like this new design better for 53rd & Cornell, especially from certain angles. Something seemed to be slightly off in that original drawing.

[UChicagoLand]

Hyde Park adjacent:

https://www.dnainfo.com/chicago/2017...ity-of-chicago

[BVictor1]

Originally Posted by UChicagoLand

Hyde Park adjacent:

https://www.dnainfo.com/chicago/2017...ity-of-chicago

So.... A park next to a park? I walk through this lot everyday to get to the train.

[UChicagoLand]

Originally Posted by BVictor1

So.... A park next to a park? I walk through this lot everyday to get to the train.

Yeah, was thinking the same thing! But maybe they could say it offsets the Obama Library on the other side a bit--plus, it should improve the aesthetics of the neighborhood over an abandoned lot.

[Sequenza]

Originally Posted by sfchi

Anyone seen any more movement on the 53rd and Dorchester hotel?

They're still excavating the site.

Would love to have posted a pic, but I just landed in Hong Kong enroute to Jakarta and Bandung. I'll post pics of the 53rd Street project when I return home.

I will say I'm so glad the Dunkin Donut/University of Chicago police station was torn down. The hotel will be a vast improvement from a pedestrian and urban texture standpoint.

[ChickeNES]

Originally Posted by Sequenza

They're still excavating the site.

Would love to have posted a pic, but I just landed in Hong Kong enroute to Jakarta and Bandung. I'll post pics of the 53rd Street project when I return home.

I will say I'm so glad the Dunkin Donut/University of Chicago police station was torn down. The hotel will be a vast improvement from a pedestrian and urban texture standpoint.

It seems like they are still waiting on the foundation permit.

[ChickeNES]

Here we go:

1411 East 53rd Street

DIRECT DEVELOPER SERVICES-NEW CONSTRUCTION. 7 STORIES. HOTEL TO INCLUDE 98 GUEST ROOMS, LOBBY, LOUNGE, RESTAURANT, MEETING ROOM AND FITNESS CENTER AND A SURFACE PARKING LOT.

The owners of this address received a permit on Tuesday, April 25, 2017