HomeDiagramsDatabaseMapsForum About
     

Go Back   SkyscraperPage Forum > Global Projects & Construction > General Development


Reply

 
Thread Tools Display Modes
     
     
  #521  
Old Posted Jan 24, 2019, 5:48 PM
jc5680's Avatar
jc5680 jc5680 is offline
Registered User
 
Join Date: Oct 2007
Location: Seattle
Posts: 1,367
From Danny Ecker, the first buildings being proposed

Reply With Quote
     
     
  #522  
Old Posted Jan 24, 2019, 8:22 PM
west-town-brad west-town-brad is offline
Registered User
 
Join Date: Nov 2014
Posts: 965
hilarious:

Planning dept. spokesman says Sterling Bay would be required to build a 2-acre "interim park" on the southern portion of #LincolnYards by the end of 2020. Developer would maintain it and run it through a "Park advisory council."

maybe so the home depot staff has a place for their smoke breaks?
Reply With Quote
     
     
  #523  
Old Posted Jan 24, 2019, 9:36 PM
Fvn Fvn is offline
Registered User
 
Join Date: Nov 2017
Posts: 694
Reply With Quote
     
     
  #524  
Old Posted Jan 24, 2019, 9:39 PM
BVictor1's Avatar
BVictor1 BVictor1 is offline
Registered User
 
Join Date: Sep 2002
Location: Chicago
Posts: 10,391
APPROVED!!!







"Phase one consists of 1.32 million square feet of offices, 108,000 square feet of retail and 1,400 parking spaces. Future phases of the 10-year project will require additional City reviews and approvals."
__________________
titanic1
Reply With Quote
     
     
  #525  
Old Posted Jan 24, 2019, 9:43 PM
Steely Dan's Avatar
Steely Dan Steely Dan is offline
devout Pizzatarian
 
Join Date: Jul 2001
Location: Lincoln Square, Chicago
Posts: 29,605
Quote:
Originally Posted by IronWright View Post
Why do these developments always have to kick off with the shortest, least significant buildings in the proposal? These will take years to complete and then years of work on parks and infrastructure will lapse before they get to the tall buildings which will take years to build themselves one at a time in phases. It would be amazing if for once these developers were somewhat ambitious and aggressive on a global scale in Chicago.
uhhh, they're talking about a full build-out of MILLIONS of square feet of new commercial and residential real estate.

you don't build all of that at once 3 miles NW of the loop.

but if you have $6B you're willing to loan 'em, they'll gladly get going on all of it straight-away.
__________________
"Missing middle" housing can be a great middle ground for many middle class families.

Last edited by Steely Dan; Jan 24, 2019 at 9:55 PM.
Reply With Quote
     
     
  #526  
Old Posted Jan 24, 2019, 9:49 PM
Mr Downtown's Avatar
Mr Downtown Mr Downtown is offline
Urbane observer
 
Join Date: Nov 2006
Posts: 4,385
Is it true that there's still no park dedication and no new transit in the PD?
Reply With Quote
     
     
  #527  
Old Posted Jan 24, 2019, 11:47 PM
ardecila's Avatar
ardecila ardecila is offline
TL;DR
 
Join Date: Jun 2006
Location: the city o'wind
Posts: 16,352
Quote:
Originally Posted by Mr Downtown View Post
Is it true that there's still no park dedication and no new transit in the PD?
The PD's just a zoning approval. Sterling Bay is not relying on park space or transit improvements to get their density.

I assume parkland, transit, and anything else to be funded out of TIF proceeds will be spelled out in an Redevelopment Agreement, but the TIF district needs to be approved first. Usually TIF districts are created by the city to lure developers, then a developer comes along later. This one is backwards, Sterling Bay is requesting the TIF.

We'll see what happens next. Probably a lawsuit will be filed to challenge the PD approval, which will likely be dismissed in court. Then opponents will pivot to an all-out campaign against the TIF legislation or the RDA. But at that point the battle is essentially moot - the towers are a done deal and they'd simply be opposing all the goodies for the community. Also, Rahm may not be able to get to the finish line before he leaves, so the new mayor may get a chance to alter the project.
__________________
la forme d'une ville change plus vite, hélas! que le coeur d'un mortel...
Reply With Quote
     
     
  #528  
Old Posted Jan 25, 2019, 12:46 AM
BonoboZill4's Avatar
BonoboZill4 BonoboZill4 is offline
Registered User
 
Join Date: Aug 2018
Location: PingPong
Posts: 1,588
I do like this at least. Starting small will help the surrounding area adapt around it. There's nothing crazy about the size of these buildings or the number of commuters it will bring. There used to be thousands of factory jobs here and they did just fine.
__________________
I'm here for a long time, not a good time
Reply With Quote
     
     
  #529  
Old Posted Jan 25, 2019, 3:46 PM
r18tdi's Avatar
r18tdi r18tdi is offline
Registered User
 
Join Date: May 2013
Location: Chicago
Posts: 2,414
Quote:
Originally Posted by BonoboZill4 View Post
There's nothing crazy about the size of these buildings
Not crazy but 1.3M sqft is really substantial, especially this far away from the CBD. For comparison, Wolf Point South is 1.2M sqft.
Reply With Quote
     
     
  #530  
Old Posted Jan 25, 2019, 4:04 PM
Baronvonellis Baronvonellis is offline
Registered User
 
Join Date: Sep 2009
Location: Chicago
Posts: 880
It looks great! But I think it's pretty radical to have millions of square feet of office space here. It's not like the loop and downtown are totally full. There's plenty of room to grow downtown still. The post office is just opening up with 2.5 million sqft and the 78 is going to have millions more of office and that's in a much better location downtown with a subway stop going inside the development. Even Amazon liked that location better. While Lincoln Yards will have very challenging transit and road work to figure out. It would take years to reconfigure the roads, transit, water taxi, and 606 trail around there, assuming they start today.

I think hotels and apartments would work good here, but I don't see how they could build more than a small boutique office building. Where is the demand this far north. The only other district with office space, that's not a specialized medical or university district I can think of outside of greater downtown is in Ravenswood but that's a very small amount of sqft compared to what they are proposing here. It seems like it would be a decade or more to get this kind of demand. Assuming Chicago keeps booming for all that time.
Reply With Quote
     
     
  #531  
Old Posted Jan 25, 2019, 4:10 PM
Vlajos Vlajos is offline
Registered User
 
Join Date: Mar 2011
Posts: 2,485
Quote:
Originally Posted by Baronvonellis View Post
It looks great! But I think it's pretty radical to have millions of square feet of office space here. It's not like the loop and downtown are totally full. There's plenty of room to grow downtown still. The post office is just opening up with 2.5 million sqft and the 78 is going to have millions more of office and that's in a much better location downtown with a subway stop going inside the development. Even Amazon liked that location better. While Lincoln Yards will have very challenging transit and road work to figure out. It would take years to reconfigure the roads, transit, water taxi, and 606 trail around there, assuming they start today.

I think hotels and apartments would work good here, but I don't see how they could build more than a small boutique office building. Where is the demand this far north. The only other district with office space, that's not a specialized medical or university district I can think of outside of greater downtown is in Ravenswood but that's a very small amount of sqft compared to what they are proposing here. It seems like it would be a decade or more to get this kind of demand. Assuming Chicago keeps booming for all that time.
I agree, seems odd to locate that much office at Lincoln Yards. Especially with the absolutely awful transit access.
Reply With Quote
     
     
  #532  
Old Posted Jan 25, 2019, 4:22 PM
LouisVanDerWright LouisVanDerWright is offline
Registered User
 
Join Date: Jul 2012
Posts: 7,440
Maybe that's the idea, they are targeting suburban businesses that don't really care about transit and need elbow room, but want to be closer to the talent downtown? I.e. the big Pharma guys up in Deerfield or something. It's also possible that they will be able to offer rents that are more comparable to suburban rents here and then draw in other companies (like the insurance guys) that would locate downtown, but can't afford $35/SF NNN. Maybe a Zurich type would have ended up here if the site was ready when they were shopping?

All I know is they got CH Robinson to move to bumblefuck nowhere already and they already did in the entire West Loop. These guys ain't stupid so they must have a plan. What's the word on when they want to start this Phase I? I doubt they would start 1.3 million of office in this location on spec. If they are planning to start soon I'd expect an announcement about who they've landed shortly.
Reply With Quote
     
     
  #533  
Old Posted Jan 25, 2019, 4:56 PM
the urban politician the urban politician is offline
The City
 
Join Date: Jul 2004
Location: Chicago region
Posts: 21,375
^ I agree, but my feeling is that this is about relationships. SB seems to be pretty good at building rapport with companies.

However, with putting so much office in Lincoln Yards, SB is at risk of auto-cannibalizing their interests elsewhere. They have a stakehold in the East Loop as well as a huge stake in the West Loop.
__________________
Supercar Adventures is my YouTube channel:

https://www.youtube.com/channel/UC4W...lUKB1w8ED5bV2Q
Reply With Quote
     
     
  #534  
Old Posted Jan 25, 2019, 10:24 PM
r18tdi's Avatar
r18tdi r18tdi is offline
Registered User
 
Join Date: May 2013
Location: Chicago
Posts: 2,414
Quote:
Originally Posted by LouisVanDerWright View Post
All I know is they got CH Robinson to move to bumblefuck nowhere already and they already did in the entire West Loop. These guys ain't stupid so they must have a plan.
Well at least the West Loop has that ~AuTheNtiC~ meatpacker/old warehouse thing going for it.
LY has none of that. Just podiums lined with Four Corners Group eateries.
Reply With Quote
     
     
  #535  
Old Posted Jan 26, 2019, 1:59 AM
BonoboZill4's Avatar
BonoboZill4 BonoboZill4 is offline
Registered User
 
Join Date: Aug 2018
Location: PingPong
Posts: 1,588
Quote:
Originally Posted by r18tdi View Post
Not crazy but 1.3M sqft is really substantial, especially this far away from the CBD. For comparison, Wolf Point South is 1.2M sqft.
I was more thinking about height, but when you put it that way, these buildings will still have some major weight when seen from the highway or L
__________________
I'm here for a long time, not a good time
Reply With Quote
     
     
  #536  
Old Posted Jan 26, 2019, 5:54 AM
LouisVanDerWright LouisVanDerWright is offline
Registered User
 
Join Date: Jul 2012
Posts: 7,440
Quote:
Originally Posted by r18tdi View Post
Well at least the West Loop has that ~AuTheNtiC~ meatpacker/old warehouse thing going for it.
LY has none of that. Just podiums lined with Four Corners Group eateries.
The most suburban of companies will feel right at home then! Different strokes for different folks. I just worry what this will do to traffic on the Kennedy honestly. It's like dropping a Schaumburg right between Lincoln Park and Wicker Park...

PS, "dropping a Schaumburg" is slang for a visit to the restroom in some circles...

PSS, "Schaum" means "foam" or "froth" in German meaning Schaumburg translates roughly to "foam castle" or "castle of froth"... WTF? I can't even...
Reply With Quote
     
     
  #537  
Old Posted Jan 27, 2019, 11:56 PM
ardecila's Avatar
ardecila ardecila is offline
TL;DR
 
Join Date: Jun 2006
Location: the city o'wind
Posts: 16,352
Well, that's why the Metra station and the 606 extension are key. Give suburbanites from the North Shore and NW burbs a nice place to get off the train, and a landscaped promenade to weave through the industry and the traffic clusterf*ck and across the river to LY North.

Sterling Bay's plan shifts the Metra platforms south of Cortland, this allows for a direct link down (or up) from the platforms to the trail. It also de-couples the station project from the longer-term project to rebuild all the viaducts, which is dependent on Metra's slowass bureaucracy. It's only a 1/3 mile walk max from the station site to the office towers, this is shorter than walking from Ogilvie or Union to LaSalle St.
__________________
la forme d'une ville change plus vite, hélas! que le coeur d'un mortel...
Reply With Quote
     
     
  #538  
Old Posted Jan 28, 2019, 4:00 PM
trvlr70 trvlr70 is offline
Registered User
 
Join Date: Dec 2004
Location: usa
Posts: 2,245
I'm completely torn about this entire development. One great thing about Chicago that sets it apart from let's say Houston or LA, is that our downtown is the big concentration of skyscraper development. We don't have a Galleria area or Century City. Personally, I like that our high density urban areas are concentrated in one area. I wish Lincoln Yards was more about connecting established, nice neighborhoods that had been separated by an underused industrial wasteland and adding parkland.
Reply With Quote
     
     
  #539  
Old Posted Jan 28, 2019, 4:22 PM
r18tdi's Avatar
r18tdi r18tdi is offline
Registered User
 
Join Date: May 2013
Location: Chicago
Posts: 2,414
Quote:
Originally Posted by trvlr70 View Post
Personally, I like that our high density urban areas are concentrated in one area.
Density in Chicago is not only concentrated downtown, but along the lakefront too. It seems the LY project (and others) are treating the river as a sort of second lakefront.
Reply With Quote
     
     
  #540  
Old Posted Jan 28, 2019, 5:45 PM
maru2501's Avatar
maru2501 maru2501 is offline
Registered User
 
Join Date: Oct 2015
Location: chicago
Posts: 1,668
It will anchor the NW corner of a super core that will have highrises scattered from Fullerton on the north, Ashland on the west, 31st St. on south, lake michigan on east
Reply With Quote
     
     
This discussion thread continues

Use the page links to the lower-right to go to the next page for additional posts
 
 
Reply

Go Back   SkyscraperPage Forum > Global Projects & Construction > General Development
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 7:02 AM.

     
SkyscraperPage.com - Archive - Privacy Statement - Top

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.