HomeDiagramsDatabaseMapsForumSkyscraper Posters
     

Go Back   SkyscraperPage Forum > Discussion Forums > Buildings & Architecture > Completed Project Threads Archive

 

 
Thread Tools Display Modes
     
     
  #81  
Old Posted Jan 28, 2015, 3:36 PM
SamInTheLoop SamInTheLoop is offline
you know where I'll be
 
Join Date: Sep 2006
Posts: 4,719
Quote:
Originally Posted by chrisvfr800i View Post
Building permit has been delayed due to some design changes. It's expected any day. Look for things to ramp up in the next week or so.

This is good news - thanks for sharing. The other thing I'd noted (not that I necessarily assumed there was a definite direct connection to the work pause here) is that a few months ago, when Crain's reported that work was starting, there was no construction debt financing in place at that time (aside: this is something we're seeing a bit more of, and I suspect will continue to somewhat over the course of this year/maybe next, I'll explain the factors behind in another thread). Chris, would you happen to know if financing has been wrapped-up and closed on Optima II?


As others have stated, I'm also looking forward to this one starting to take shape!
__________________
Post-Modern is Post-Mortem - Deal with it

Last edited by SamInTheLoop; Jan 28, 2015 at 5:58 PM.
     
     
  #82  
Old Posted Jan 28, 2015, 8:14 PM
chrisvfr800i chrisvfr800i is offline
Registered User
 
Join Date: Dec 2008
Posts: 245
Quote:
Originally Posted by SamInTheLoop View Post
This is good news - thanks for sharing. The other thing I'd noted (not that I necessarily assumed there was a definite direct connection to the work pause here) is that a few months ago, when Crain's reported that work was starting, there was no construction debt financing in place at that time (aside: this is something we're seeing a bit more of, and I suspect will continue to somewhat over the course of this year/maybe next, I'll explain the factors behind in another thread). Chris, would you happen to know if financing has been wrapped-up and closed on Optima II?


As others have stated, I'm also looking forward to this one starting to take shape!
Not sure about the $$, but I'd be surprised if all that money was spent on caissons without financing. Of course it's happened before...including on the very site where OCCII will stand!!
     
     
  #83  
Old Posted Jan 29, 2015, 3:49 PM
SamInTheLoop SamInTheLoop is offline
you know where I'll be
 
Join Date: Sep 2006
Posts: 4,719
k.......one other question if I may - when you say design changes, I'm assuming you meant some details that don't materially impact the exterior appearance of the design.........was that one assumption too many for me??
__________________
Post-Modern is Post-Mortem - Deal with it
     
     
  #84  
Old Posted Jan 29, 2015, 3:54 PM
chrisvfr800i chrisvfr800i is offline
Registered User
 
Join Date: Dec 2008
Posts: 245
Quote:
Originally Posted by SamInTheLoop View Post
k.......one other question if I may - when you say design changes, I'm assuming you meant some details that don't materially impact the exterior appearance of the design.........was that one assumption too many for me??
Yes, just changes to the structure.
     
     
  #85  
Old Posted Jan 30, 2015, 3:39 PM
SamInTheLoop SamInTheLoop is offline
you know where I'll be
 
Join Date: Sep 2006
Posts: 4,719
^ Thanks for confirming!
__________________
Post-Modern is Post-Mortem - Deal with it
     
     
  #86  
Old Posted Feb 23, 2015, 3:31 PM
rlw777 rlw777 is offline
Registered User
 
Join Date: Feb 2014
Posts: 1,330
Chicago Architecture blog posted a Status Update

Looks like there is still little to no activity on site. I think last I heard they were waiting on some permits. Anyone know what's going on with this?
     
     
  #87  
Old Posted Feb 23, 2015, 6:19 PM
the urban politician the urban politician is offline
The City
 
Join Date: Jul 2004
Location: Libertyville, IL
Posts: 13,278
^ Permits take forever sometimes in this city
     
     
  #88  
Old Posted Apr 18, 2015, 2:56 AM
MV2 MV2 is offline
Registered User
 
Join Date: Mar 2012
Location: Chicago
Posts: 22
Quote:
Originally Posted by rlw777 View Post
Chicago Architecture blog posted a Status Update

Looks like there is still little to no activity on site. I think last I heard they were waiting on some permits. Anyone know what's going on with this?
I spied a 'Concrete Structures' small mobile crane on site this afternoon.
     
     
  #89  
Old Posted Apr 20, 2015, 11:42 AM
SamInTheLoop SamInTheLoop is offline
you know where I'll be
 
Join Date: Sep 2006
Posts: 4,719
^ Good to hear!
__________________
Post-Modern is Post-Mortem - Deal with it
     
     
  #90  
Old Posted Apr 27, 2015, 2:36 PM
rlw777 rlw777 is offline
Registered User
 
Join Date: Feb 2014
Posts: 1,330
Still stalled? Anyone been over to see this lately?
     
     
  #91  
Old Posted Apr 27, 2015, 10:46 PM
mattshoe mattshoe is offline
Registered User
 
Join Date: Nov 2012
Posts: 79
I walked by this afternoon and the small 'Concrete Structures' small crane that MV2 mentioned is still just sitting there.
     
     
  #92  
Old Posted Apr 28, 2015, 2:44 AM
the urban politician the urban politician is offline
The City
 
Join Date: Jul 2004
Location: Libertyville, IL
Posts: 13,278
Definitely quite the delay here, I hope there isn't another issue than just that
     
     
  #93  
Old Posted May 1, 2015, 5:18 PM
chrisvfr800i chrisvfr800i is offline
Registered User
 
Join Date: Dec 2008
Posts: 245
Quote:
Originally Posted by the urban politician View Post
Definitely quite the delay here, I hope there isn't another issue than just that
A little birdie told me activity might...MIGHT...start back up within a month.
     
     
  #94  
Old Posted May 1, 2015, 5:23 PM
Notyrview's Avatar
Notyrview Notyrview is offline
Registered User
 
Join Date: Dec 2012
Location: New York City
Posts: 964
Hi little birdie! coo coooo!
     
     
  #95  
Old Posted May 1, 2015, 6:52 PM
SamInTheLoop SamInTheLoop is offline
you know where I'll be
 
Join Date: Sep 2006
Posts: 4,719
^^ Thanks.....I know some of us are starting to get our feathers a little ruffled with this sleeping site...........my best guess is that Hovey and Co had second thoughts about starting superstructure construction without financing (smart move for the most part as going their earlier planned route can be some seriously risky business) yet finalized - and they likely weren't even yet on the verge of loan closing(s) several months ago..........
__________________
Post-Modern is Post-Mortem - Deal with it
     
     
  #96  
Old Posted Jun 18, 2015, 1:57 PM
chrisvfr800i chrisvfr800i is offline
Registered User
 
Join Date: Dec 2008
Posts: 245
It looks like the alley adjacent to the site has been fenced off....
     
     
  #97  
Old Posted Jun 21, 2015, 5:28 PM
munchymunch's Avatar
munchymunch munchymunch is offline
MPLSXCHI
 
Join Date: Feb 2014
Location: Omicron Persei 8
Posts: 1,026
Permits on Chicago cityscape for foundation, 55 stories.
__________________
"I don't want to be interesting. I want to be good." -Ludwig Mies van der Rohe
     
     
  #98  
Old Posted Jun 21, 2015, 6:15 PM
chrisvfr800i chrisvfr800i is offline
Registered User
 
Join Date: Dec 2008
Posts: 245
The three magic words of construction were received last week: "Notice to Proceed!!"
     
     
  #99  
Old Posted Jun 22, 2015, 5:14 AM
stevevance stevevance is offline
Registered User
 
Join Date: Jul 2010
Location: Chicago
Posts: 23
Quote:
Originally Posted by munchymunch View Post
Permits on Chicago cityscape for foundation, 55 stories.
Here's the foundation permit, FYI. This week's crane permit is a revision (well, replacement) of last year's crane permit.
__________________
Track neighborhood construction projects on Chicago Cityscape. Find my writing about transportation and land use planning and policy on Streetsblog Chicago and Steven Can Plan.
     
     
  #100  
Old Posted Jun 22, 2015, 4:47 PM
LouisVanDerWright LouisVanDerWright is offline
Registered User
 
Join Date: Jul 2012
Posts: 3,559
Shovels already back in the ground on this one as of this morning. There's about a dozen guys in hard hats walking around who look like supervisors and engineers and at least one excavator going at it digging up the cassion heads.
     
     
This discussion thread continues

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

Go Back   SkyscraperPage Forum > Discussion Forums > Buildings & Architecture > Completed Project Threads Archive
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 10:30 AM.

     

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, vBulletin Solutions, Inc.