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Old April 27th, 2011, 06:19 PM   #1
mohammed wong
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AMLI | 49 fl | U/C

Height: Unknown
Floor count: 49
Location: North Clark and West Hubbard
Neighborhood: River North
Construction end:
Architect: Dick Mann/Cubellis
Developer: Amli Residential Partners LLC


From spyguy



Rooftop amenities




http://chicago.curbed.com/archives/2...in-october.php

(Crain's) — AMLI Residential Partners LLC plans to build a 49-story apartment tower in River North after striking a deal with developer Albert Friedman.

Chicago-based AMLI signed a 100-year lease on a 12,617-square foot site on the southeast corner of Clark and Hubbard streets, property records show. The 427-unit building would be just north of the 11-story Greenway Self Park garage, which Mr. Friedman completed last year.

The apartment tower residents would have access to a landscaped deck on the top of the garage that is to include a pool, jogging path and dog runs, according to zoning and property documents.

AMLI expects to start construction next year at the earliest, which would enable the project to be completed by 2013, but the timeline is subject to market conditions, says Stephen C. Ross, AMLI's executive vice-president of development.

The tower would be AMLI's second in downtown Chicago, following the completion of a 440-unit building at 900 S. Clark St. in 2008. That building is now fully leased, according to Mr. Ross.

The little-noticed River North deal closed in April but was highlighted in a recent newsletter by Mr. Friedman's Chicago-based firm, Friedman Properties Ltd.

The site is west of Brasserie Jo, 59 W. Hubbard St.

It's a first-time partnership between Friedman and AMLI, which was purchased by Morgan Stanley's Prime Property Fund in 2006 for $2.1 billion.

As part of the deal, AMLI has agreed to lease retail space in the building, about 4,500 square feet, to Mr. Friedman. The lease runs for 20 years. Mr. Friedman has yet to identify a tenant, but says he will be "very selective and careful" about picking a tenant that compliments other retail users in the neighborhood.

Read more: http://www.chicagorealestatedaily.co...#ixzz1Kjkx8fA9
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Last edited by i_am_hydrogen; October 24th, 2011 at 06:07 PM.
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Old April 27th, 2011, 09:08 PM   #2
Flubnut
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Quote:
Originally Posted by mohammed wong View Post
Meanwhile, gourmet grocer Fox & Obel plans to park its second location in the Greenway garage, 60 W. Kinzie St., where the company has signed a long-term lease for 16,000 square feet.

The new store will most likely open during the first quarter of 2011, according to Bill Bolton, ...
I assume they mean 2012. Still, will be nice to have them close by.
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Old April 30th, 2011, 12:25 AM   #3
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Updated rendering
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Old May 1st, 2011, 12:56 PM   #4
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Eeewww
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Old May 3rd, 2011, 07:20 PM   #5
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hooray! A 12 story street corner parking garage downtown!!!
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Old May 3rd, 2011, 08:42 PM   #6
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atleast the new tone doesn't look as horrendous as the previous proposal...
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Old May 6th, 2011, 01:39 AM   #7
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This building hideous! Typical Chicago developer-driven junk. Can't more builders start looking at some of the sleak glass towers other cities are putting up? The 80's are over - this is the same crap that was going up here 20 or 30 years ago. Does anyone agree with me on this? It's an unsightly nondescript tower on top of a parking deck box with painted prefab concrete skin. we have hundreds of these things. They go up and no one ever talks about them again. Just look around River North and Gold Coast.
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Old May 6th, 2011, 08:57 PM   #8
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Someone correct me if I'm wrong, but "sleek glass towers" cost more money than painted concrete buildings. It's as simple as that. Sucks, but that's life.
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Old July 15th, 2011, 08:22 PM   #9
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Could anyone explain why a glass tower costs more than a concrete tower?
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I honestly think all development projects must be sustainable and futureproof.

You support the good projects... and oppose the bad.
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Old October 11th, 2011, 10:48 PM   #10
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Has this thread been moved? I'm currently under the impression that AMLI has scheduled a ground breaking event for the 17th of October. Seems like it would be on here...

Last I checked, 409 units for (no surprise) 2013 occupancy
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Old October 11th, 2011, 11:03 PM   #11
i_am_hydrogen
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Quote:
Originally Posted by untitledreality View Post
hooray! A 12 story street corner parking garage downtown!!!
Actually, that parking structure (Greenway Self Park) already exists. As an "amenity," the AMLI building will link up with it. I put amenity in quotes because I disagree with encouraging a car-dependent lifestyle, particularly in one of the most vibrant parts of the city. Prospective tenants, however, will view it as a definite plus.
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Old October 13th, 2011, 01:17 AM   #12
untitledreality
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Quote:
Originally Posted by i_am_hydrogen View Post
Actually, that parking structure (Greenway Self Park) already exists. As an "amenity," the AMLI building will link up with it.
Yeah, I knew that from the get go... when they built the Greenway the future hookup with a apartment building was mentioned somewhere.

The comment was directed towards the first 12 floors of the tower itself, which will inevitably be a parking structure as well.
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Old November 1st, 2011, 02:52 AM   #13
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Building is good to go. Construction to start in December.
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Old November 1st, 2011, 05:13 AM   #14
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Al Friedman on River North architecture

Some of you may find this amusing.

In a video interview back in 2007, Al Friedman, one of the partners in the AMLI building, had the following to say about River North development:


"The next group of buildings will have to be more interesting architecturally to appeal and draw their audience here."

I was at the site earlier today. Construction activity has started.
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