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  #43661  
Old Posted Dec 6, 2018, 3:51 PM
the urban politician the urban politician is online now
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^ 2% growth seems abysmal for the central area.

Just saying....

EDIT: That's growth in 1 year, so I guess that's respectable, but still lower than I had thought.

Our apartment boom is even more substantial than the 2000-2010 boom in regards to density, so I'm surprised that our central area population growth rate, at least by your numbers, is lower than the 2000-2010 period
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  #43662  
Old Posted Dec 6, 2018, 3:57 PM
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Originally Posted by the urban politician View Post
^ 2% growth seems abysmal for the central area.

Just saying....

EDIT: That's growth in 1 year, so I guess that's respectable, but still lower than I had thought.

Our apartment boom is even more substantial than the 2000-2010 boom in regards to density, so I'm surprised that our central area population growth rate, at least by your numbers, is lower than the 2000-2010 period
2014 to 2015: +3.81% (+7455 people)
2015 to 2016: +1.86% (+3781 people)
2016 to 2017: +2.01% (+4168 people)

2.01% is a little above what 2015 to 2016 was.


2010 to 2017 (Comparing ACS to ACS): +28.92% (+47,393 people)
2010 to 2017 (Comparing Census to ACS): +13.56% (+25,233 people)

Between 2000 and 2010, these 4 CAs added 40,911 people. The Census estimates that from 2010 to 2017, at least comparing ACS to ACS that it's grown by 47,393 people. If you put those together, then the 4 areas have grown by 88,304 people from 2010 to 2017 which is a growth of 60.85%
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  #43663  
Old Posted Dec 6, 2018, 3:59 PM
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Pretty sure they're also in department stores like Nordstrom. But we digress.
That’s a new development then. Originally, it was only online, and then they opened the showroom format in NY.
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  #43664  
Old Posted Dec 6, 2018, 4:01 PM
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^ i think ikea might rather be over by mag mile for branding purposes.

isn't there lots of space in some of those old vertical malls?
They could go in the base of Trump and compete for ugly signage.
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  #43665  
Old Posted Dec 6, 2018, 4:06 PM
moorhosj moorhosj is offline
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People say retail is dying, but it's more like retail is transitioning. Tesla's model is to have a showroom downtown and then to sell you a car direct from the factory. Volvo is going this route as well. You can't even buy their new wagons at a dealership; it has to be ordered from the factory (as a die-hard Volvo wagon lover, this pains me). So I think we are going to see more of this model. That's good for Chicago as the Mag Mile and State Street are destinations for Midwest shoppers. This kind of retail space that serves as a showroom for online deliveries is going to be great for the Windy City.
These newer types of retail require far less square footage.

The saving grace for retail is more likely to be new or expanding industries like legalized marijuana (entirely new market) and day care centers (growth due to dual-income households). Even legalized sports betting could help ease the pain if we adopt the British model.
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  #43666  
Old Posted Dec 6, 2018, 4:08 PM
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edit: come to think of it, this model has existed here in the UK forever with Argos. I’ve never been to one, but they’re like tiny Wal-Marts with no inventory. You either order online and go to one to pick up the order (this predates Amazon), or go to one and get help with your order from a shop clerk, and then they order whatever it is from the warehouse.
Catalog showrooms are nothing new. Who remembers Service Merchandise?
Only the catalogs have changed.
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  #43667  
Old Posted Dec 6, 2018, 4:11 PM
the urban politician the urban politician is online now
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Originally Posted by marothisu View Post
2014 to 2015: +3.81% (+7455 people)
2015 to 2016: +1.86% (+3781 people)
2016 to 2017: +2.01% (+4168 people)

2.01% is a little above what 2015 to 2016 was.


2010 to 2017 (Comparing ACS to ACS): +28.92% (+47,393 people)
2010 to 2017 (Comparing Census to ACS): +13.56% (+25,233 people)

Between 2000 and 2010, these 4 CAs added 40,911 people. The Census estimates that from 2010 to 2017, at least comparing ACS to ACS that it's grown by 47,393 people. If you put those together, then the 4 areas have grown by 88,304 people from 2010 to 2017 which is a growth of 60.85%
If your data pans out, that means that central area population growth has dramatically accelerated (more than double the 2000-2010 pace), which is, on the ground, what I would expect.

The percentage growth will naturally decline as the region becomes more populated. Thanks for sharing
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  #43668  
Old Posted Dec 6, 2018, 4:15 PM
moorhosj moorhosj is offline
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5-Year ACS

Looking at the data, the percentage of households making $100k+ was 25.6% in 2017, compared to 23.7% in 2016. Inflation takes care of some of that growth, but still impressive.

On the flip side, there are still 35.9% of households making under $35k, down from 37.4% in 2016.

New 2012-2017 data:
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  #43669  
Old Posted Dec 6, 2018, 4:21 PM
marothisu marothisu is offline
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Originally Posted by the urban politician View Post
If your data pans out, that means that central area population growth has dramatically accelerated (more than double the 2000-2010 pace), which is, on the ground, what I would expect.

The percentage growth will naturally decline as the region becomes more populated. Thanks for sharing
It's not doubled. At least per year the growth from 2000 to 2010 was average of +4091 people per year. From 2010 to 2017 if you compare ACS to ACS then it's +6770 people per year, which 65.5% higher. If you compare 2010 Census to 2017 ACS then it's +3605 people per year which is slightly lower than 2000 to 2010.
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  #43670  
Old Posted Dec 6, 2018, 4:23 PM
west-town-brad west-town-brad is offline
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Originally Posted by BuildThemTaller View Post
People say retail is dying, but it's more like retail is transitioning. Tesla's model is to have a showroom downtown and then to sell you a car direct from the factory. Volvo is going this route as well. You can't even buy their new wagons at a dealership; it has to be ordered from the factory (as a die-hard Volvo wagon lover, this pains me). So I think we are going to see more of this model. That's good for Chicago as the Mag Mile and State Street are destinations for Midwest shoppers. This kind of retail space that serves as a showroom for online deliveries is going to be great for the Windy City.
I was just talking about Bed Bath and Beyond with my wife the other day. It's basically a junk store... that seems to keep doing well even in the face of amazon and the "death of retail".
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  #43671  
Old Posted Dec 6, 2018, 4:27 PM
west-town-brad west-town-brad is offline
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https://chicago.suntimes.com/news/pi...ction-project/

glad to see the church rehabed and more density added.
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  #43672  
Old Posted Dec 6, 2018, 5:00 PM
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Originally Posted by west-town-brad View Post
https://chicago.suntimes.com/news/pi...ction-project/

glad to see the church rehabed and more density added.
its a pretty ham fisted design but more affordable housing is a plus
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  #43673  
Old Posted Dec 6, 2018, 5:43 PM
LouisVanDerWright LouisVanDerWright is offline
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Originally Posted by west-town-brad View Post
I was just talking about Bed Bath and Beyond with my wife the other day. It's basically a junk store... that seems to keep doing well even in the face of amazon and the "death of retail".
I used to think this too, but then we registered there for our wedding. BBB has a lot of junk, but they also carry a lot of premium appliances and lines of goods. We got almost everything on our registry from there including beautiful Noritake colorwave stoneware.

The think BBB has going for it is that it has literally everything and functions more or less as a showroom. The "junk" component of it is raw convenience for little stuff you need around the house. If you need a potato peeler or something like that, BBB is the fastest place to go where you know you will have something of a selection.
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  #43674  
Old Posted Dec 6, 2018, 7:25 PM
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Catalog showrooms are nothing new. Who remembers Service Merchandise?
Only the catalogs have changed.
Oh god, yeah.
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  #43675  
Old Posted Dec 6, 2018, 7:33 PM
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That and BEST stores which had interesting or frightening facades
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  #43676  
Old Posted Dec 6, 2018, 7:48 PM
the urban politician the urban politician is online now
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So this has become the Department store discussion thread. Got it

zzzzzzz.......
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  #43677  
Old Posted Dec 6, 2018, 9:38 PM
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Originally Posted by LouisVanDerWright View Post
I used to think this too, but then we registered there for our wedding. BBB has a lot of junk, but they also carry a lot of premium appliances and lines of goods. We got almost everything on our registry from there including beautiful Noritake colorwave stoneware.

The think BBB has going for it is that it has literally everything and functions more or less as a showroom. The "junk" component of it is raw convenience for little stuff you need around the house. If you need a potato peeler or something like that, BBB is the fastest place to go where you know you will have something of a selection.
I dunno though, the one at Roosevelt/Clinton is going out of business..
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  #43678  
Old Posted Dec 6, 2018, 9:40 PM
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Originally Posted by Chicagoguy View Post
I recently read and article that Dave and Buster's was looking to lease about 14,000sf inside of Water Tower Place. I think that an urban Ikea store would be a much better fit for the "Mag Mile". But I am sure there are plenty of other retail spaces available for lease. Is anything currently going happening with the old Apple Store on Michigan Avenue?
Huh, whatever happened to Dave and Buster's moving to Block 37? That was announced a long time ago, maybe around the time the AMC or Latincity opened. Speaking of which, Block 37 would be a fantastic location for a small urban IKEA, lots of parking and direct connections to the Red and Blue would make getting furniture home a breeze.
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  #43679  
Old Posted Dec 6, 2018, 9:50 PM
the urban politician the urban politician is online now
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Large parts of Pilsen given preliminary Landmark status as per Crains today
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  #43680  
Old Posted Dec 6, 2018, 9:55 PM
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Originally Posted by ChickeNES View Post
Huh, whatever happened to Dave and Buster's moving to Block 37? That was announced a long time ago, maybe around the time the AMC or Latincity opened. Speaking of which, Block 37 would be a fantastic location for a small urban IKEA, lots of parking and direct connections to the Red and Blue would make getting furniture home a breeze.
Many peoples purchases from IKEA barely fit in their SUV's. You are going to see them lug their to-be-assembled boxes onto the L up and down escalators?

A good place may have been the Old Post Office but I think we are getting a better deal with the present rehab. Perhaps one of the big empty or low use lots near the Jane Adams however.
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