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  #2741  
Old Posted Sep 20, 2017, 4:58 PM
phanta721 phanta721 is online now
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9/20/17

Long time lurker, first time poster. My desk moved to the east side of Aon so I thought I would put my window to good use.

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  #2742  
Old Posted Sep 20, 2017, 5:35 PM
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^Nice angle. Welcome!
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  #2743  
Old Posted Sep 20, 2017, 7:09 PM
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Thanks for sharing man! Looking forward to updates from your new view.
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  #2744  
Old Posted Sep 22, 2017, 3:44 AM
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  #2745  
Old Posted Sep 22, 2017, 5:24 AM
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Wow! Thank you for posting SolarWind. This is like watching Aqua get built. Those gradually shifting floorplates look like an optical illusion at this stage in the construction.
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  #2746  
Old Posted Sep 22, 2017, 10:25 AM
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Anybody know if the two cores will also have frustum angles all the way to the top or is it just at the bottom that it's being used!

Vista is going to be special...
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  #2747  
Old Posted Sep 22, 2017, 7:25 PM
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How long before we see some cladding going up on this beast?
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  #2748  
Old Posted Sep 23, 2017, 10:17 PM
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  #2749  
Old Posted Sep 24, 2017, 2:02 AM
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Anyone know if there's a thread for One Grant Park? Thanks in advance


Vista is going to be special
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  #2750  
Old Posted Sep 24, 2017, 3:21 AM
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  #2751  
Old Posted Sep 24, 2017, 8:10 PM
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Originally Posted by SolarWind View Post
Nice how you can see the contrast between the higher strength concrete for the columns and the concrete for the floor plates.
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  #2752  
Old Posted Sep 24, 2017, 8:46 PM
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Quote:
Curious About the Massive Vista Tower? We Look Into Its Finances

Magellan reports that 38 percent of the residential units are under contract, as of August. It also says that around one-third of the buyers are foreign and 10 are Chinese
http://www.chicagomag.com/Chicago-Ma...7/Vista-Tower/
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  #2753  
Old Posted Sep 24, 2017, 11:34 PM
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Weren't about 30% of the units sold in the spire? This is giving me flashbacks.
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  #2754  
Old Posted Sep 24, 2017, 11:48 PM
Domer2019 Domer2019 is offline
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Originally Posted by The North One View Post
Weren't about 30% of the units sold in the spire? This is giving me flashbacks.
Most development projects have "about 30%" of units sold at some point in time, in the continuous path from 0% to ~100%, just saying.
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  #2755  
Old Posted Sep 25, 2017, 12:30 AM
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Originally Posted by Domer2019 View Post
Most development projects have "about 30%" of units sold at some point in time, in the continuous path from 0% to ~100%, just saying.
Really? The more you know.
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  #2756  
Old Posted Sep 25, 2017, 12:32 AM
LouisVanDerWright LouisVanDerWright is offline
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Yeah the Spire was actually 40% I believe right before the bottom dropped out. It also wasn't moving up on 20 floors out of the ground.
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  #2757  
Old Posted Sep 25, 2017, 12:59 AM
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Originally Posted by LouisVanDerWright View Post
Yeah the Spire was actually 40% I believe right before the bottom dropped out. It also wasn't moving up on 20 floors out of the ground.
I know, I wasn't trying to imply anything. It just made me think of those times.
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  #2758  
Old Posted Sep 25, 2017, 1:29 AM
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It's the Teng tower on Wacker that is the precedent for this, not the Spire.
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  #2759  
Old Posted Sep 25, 2017, 1:48 AM
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Originally Posted by 10023 View Post
It's the Teng tower on Wacker that is the precedent for this, not the Spire.
True, except that the Teng tower didn't have a construction loan, had far less experienced developers, and was undone by a HUGE global recession.

I think that Vista Tower is fine, but if for some unlikely reason its lender fails/defaults, I'm pretty sure it will be a matter of just securing new financing. I highly doubt we will see another global financial meltdown ala 2008
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  #2760  
Old Posted Sep 25, 2017, 5:20 AM
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Didn't this tower already secure a construction loan to the tune of several hundred million?
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