How long do you guys think before construction starts? I'd love to see some Caissons get in before the summer ends...
Originally Posted by Nowhereman1280
They also don't have to pay inflated land, materials, and labor costs like they do in NYC...
Its no excuse. If prices aren't high enough to justify radical high rises, then one would expect that they could still justify handsome lowrises and midrises which is certainly not the case.
The Chicago market certainly would not have supported a limestone covered skyscraper like 15 CPW in lieu of a LaGrange (Related didn't actually do that, but the example is acceptable I think because the developers netted a billion, I've heard, on that), but Aqua proved that good design from good local architects (I can't imagine starchitect fees would be supported by the Chicago market) can
be supported (if not rewarded) in Chicago's market. The problem is, many developers fear, I think, that the cost of design (or the risk of design) is too much for this market. If only Aqua had come at the beginning of the boom, say it finished in '02 or so, we may have seen some better design throughout the boom...