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Old April 18th, 2008, 02:11 AM   #821
edsg25
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have all the sections of townhouses facing the park broken ground yet? most?
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Old April 18th, 2008, 07:06 AM   #822
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Yep, all of them have been started. The Parkhomes are all being lumped into one phase by Magellan, so that they can be marketed all at once. There are parkhomes being built in, and adjacent to, the Aqua podium, and another two buildings of parkhomes diagonally across the park. The remaining two corners of the park are reserved for the Village Market (a Treasure Island) and an elementary school.
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Old April 19th, 2008, 01:01 AM   #823
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Yesterday


A little while ago


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Old August 1st, 2008, 03:42 PM   #824
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Quote:
Lakeshore East project lifts Magellan to top

By Susan Diesenhouse | Chicago Tribune reporter
August 1, 2008

In this new feature, we turn the spotlight on builders and developers in the Chicago area to give you insight on what sets them apart from the crowd.

A great location, moderate prices for a luxury product and a quick sellout has been the formula for developing Lakeshore East, an enormous project that has catapulted Magellan Development Group LLC into the top tier of Chicago developers...
http://www.chicagotribune.com/busine...,3137964.story
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Old August 2nd, 2008, 04:48 AM   #825
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Taken today:
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Old August 7th, 2008, 07:46 PM   #826
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Townhouses under construction. 2 words: bor ing.

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Old January 18th, 2009, 10:37 PM   #827
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Various LSE updates

Aqua
- The hotel component still in the negotiation phase. Magellan has 2 -3 contenders to replace the previous contracted hotel vendor (Strategic - Fairmont Suites).
- Pedway, Grand Staircase and public elevator will be open to the public summer 09.

Village Market
- Magellan is currently working on securing a new, larger grocer as well as a few other restaurants and an extension of 5th 3rd Bank.
- Treasure Island is no longer the grocer. The new plan expands from the previous 30,000 square foot boutique grocery store to a proposed 50,000 square foot full service grocery store. At this point Magellan is in the final stages of negotiating the lease. Grocer will be announce as soon as we have a secure lease.
- Once we have signed leases for multiple tenants and final city permits Magellan will feel more confident about securing financing and breaking ground.
- Magellan feels the new permits will occur in late spring.

School
- As of today the school is on hold.
- Discussion with the city and the Chicago Public School District isto incorporate a K-4 or possiby a K-8 school at the base of a future high rise development.
- Funding and population are challenges.
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Old February 5th, 2009, 12:28 AM   #828
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http://www.chicagorealestatedaily.co...ws.pl?id=32883

Roundy’s exits West Loop lease, in talks on 2 other sites
By Eddie Baeb, Feb. 04, 2009


...Roundy’s also is in advanced talks for a new store in Lakeshore East, just northeast of Millennium Park, and would lease 50,000 to 60,000 square feet, roughly double the size of a Treasure Island grocery store that had been planned there.
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Old February 20th, 2009, 10:53 PM   #829
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http://www.chicagorealestatedaily.co...ws.pl?id=33076

Roundy’s plans store in Lakeshore East
By Eddie Baeb, Feb. 20, 2009


...David Carlins, president of Magellan Development Group LLC, says he’s in talks with lenders for a roughly $40-million construction loan to finance the 140,000-square-foot building, which is to cost $60 million. Mr. Carlins hopes to get the loan and break ground in about 90 days

...At Lakeshore East, Fifth Third Bank has also leased space for a branch in the new retail building, and Mr. Carlins says Magellan plans to have a breakfast restaurant there.

“We’ve got Caffé Rom (located in a nearby apartment building) as our neighborhood coffee shop, but you need a breakfast place,” he says. “Now we’re looking for an Irish pub.
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Old April 14th, 2009, 05:37 PM   #830
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A rendering of the Roundy's at Lake Shore East, from Midwest Real Estate News.

[IMG]http://i40.************/14nenew.jpg[/IMG]
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Old April 22nd, 2009, 03:43 PM   #831
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what ever happened with Architectonica? Was that scrapped?
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Old April 23rd, 2009, 08:34 PM   #832
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Quote:
Originally Posted by k.smith904 View Post
what ever happened with Architectonica? Was that scrapped?
No, it's still alive. Here's the thread for it. Please direct any further discussion there:

http://www.skyscrapercity.com/showthread.php?t=472344
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Old September 7th, 2009, 06:37 AM   #833
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image hosted on flickr


image hosted on flickr
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Last edited by i_am_hydrogen; September 7th, 2009 at 06:58 AM.
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Old September 13th, 2009, 06:48 AM   #834
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image hosted on flickr
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Old September 13th, 2009, 06:45 PM   #835
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Amazing picture Hydro (the last one)!!! What kind of camera are you using, again?
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Straight from Michigan and Monroe in downtown Chicago!
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Old September 15th, 2009, 02:46 AM   #836
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woah, hydro, what is that a pic of?
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Mmm... forbidden donut...
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Old September 15th, 2009, 04:55 AM   #837
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Quote:
Originally Posted by spyguy View Post
http://www.chicagorealestatedaily.co...ws.pl?id=33076

Roundy’s plans store in Lakeshore East
By Eddie Baeb, Feb. 20, 2009


...David Carlins, president of Magellan Development Group LLC, says he’s in talks with lenders for a roughly $40-million construction loan to finance the 140,000-square-foot building, which is to cost $60 million. Mr. Carlins hopes to get the loan and break ground in about 90 days
^ Okay, so it has now been over 6 months.... Is this project in trouble as well?
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Old September 15th, 2009, 05:17 AM   #838
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Quote:
Originally Posted by simulcra View Post
woah, hydro, what is that a pic of?
Looks like the little elevator tower on the east end of the park, to me.
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Old September 16th, 2009, 12:15 AM   #839
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Quote:
Originally Posted by geoff_diamond View Post
Amazing picture Hydro (the last one)!!! What kind of camera are you using, again?
Thank you. I use a Canon 5D.

Quote:
Originally Posted by geoff_diamond View Post
Looks like the little elevator tower on the east end of the park, to me.
Exactly. It allows one to access The Regatta, Chandler, and other buildings on the easternmost side of LSE.
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Old September 22nd, 2009, 06:45 PM   #840
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Quote:
Originally Posted by i_am_hydrogen View Post
image hosted on flickr
The elevator to Heaven!
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