HomeDiagramsDatabaseMapsForum About
     

Go Back   SkyscraperPage Forum > Global Projects & Construction > Skyscraper & Highrise Construction


    1000M in the SkyscraperPage Database

Building Data Page   • Comparison Diagram   • Chicago Skyscraper Diagram

Map Location
Chicago Projects & Construction Forum

Reply

 
Thread Tools Display Modes
     
     
  #1461  
Old Posted Jan 15, 2020, 2:17 PM
pianowizard pianowizard is offline
Registered User
 
Join Date: Jun 2005
Location: Michigan, US
Posts: 324
Quote:
Originally Posted by Bombardier View Post
At One Chicago there are 77 condo units and 735 apartment units in addition to significant retail and parking area...https://liveonechicago.com/


Thanks for the perfectly logical explanation. I had no idea that One Chicago will have a lot more apartments than condos. I had visited that website several times and when I saw the phrase "Exquisite homes - Condominiums & Apartments", which mentions condos before apartments, I probably subconsciously expected this project to have more condos than apartments. But it's the exact opposite, so it's actually more similar to NEMA than to 1000M.
Reply With Quote
     
     
  #1462  
Old Posted Jan 15, 2020, 6:00 PM
simon07 simon07 is offline
Registered User
 
Join Date: Jan 2012
Posts: 75
Probably a descent chance that they convert this building into a luxury apartment building if the sales are not where they want it to be when the building is done and they have to start closing units. They will just cancel the contracts and turn it into a rental building as was done at multiple buildings that finished construction in the midst of the great recession in 2009.
Reply With Quote
     
     
  #1463  
Old Posted Yesterday, 3:46 PM
harryc's Avatar
harryc harryc is offline
Registered User
 
Join Date: Jun 2007
Location: Oak Park, Il
Posts: 12,489
__________________
Harry C --- Chicago rep for SkyRise Cities ---- My Flickr stream HRC_OakPark
The man who trades freedom for security does not deserve nor will he ever receive either. B Franklin.
Reply With Quote
     
     
  #1464  
Old Posted Today, 1:16 AM
KWillChicago's Avatar
KWillChicago KWillChicago is offline
Registered User
 
Join Date: Mar 2015
Location: Chicago
Posts: 866
Harry, can I borrow your VIP pass? Lol. Keep the pics rollin.
Reply With Quote
     
     
  #1465  
Old Posted Today, 5:31 AM
kolchak's Avatar
kolchak kolchak is offline
Registered User
 
Join Date: Mar 2008
Posts: 674
Great shots again Harry

Can anyone here enlighten me as to what the cost of this initial foundation work might be? What kind of financing is in place already in other words? Or did the full financing package happen a la GS

Last edited by kolchak; Today at 5:42 AM.
Reply With Quote
     
     
  #1466  
Old Posted Today, 5:09 PM
SamInTheLoop SamInTheLoop is online now
you know where I'll be
 
Join Date: Sep 2006
Posts: 5,082
Quote:
Originally Posted by kolchak View Post
Great shots again Harry

Can anyone here enlighten me as to what the cost of this initial foundation work might be? What kind of financing is in place already in other words? Or did the full financing package happen a la GS

Someone here will be very familiar with approximate costs for this type of foundation work. $5 mil?? Just a guess from what's shown up on various other foundation only permits.

My founded suspicion is that the developer has yet to wrap-up financing for this project. Difficult to believe they would be shy about letting the public know that. I would expect a press effort when financing closes - at minimum a press release....I'd think we'd see an article from Crain's or the Trib as well (given the high profile of this one and that it's a very rare very large condo tower for this cycle).....or at least a blurb or two in industry rags for certain.
__________________
It's simple, really - try not to design or build trash.
Reply With Quote
     
     
End
 
 
Reply

Go Back   SkyscraperPage Forum > Global Projects & Construction > Skyscraper & Highrise Construction
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 5:48 PM.

     

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2020, vBulletin Solutions, Inc.