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Old June 4th, 2013, 08:15 AM   #101
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AMLI River North getting some final finishes:

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5/31




5/29
Real stone on the street level.






5/31
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Old June 4th, 2013, 08:21 AM   #102
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GEMS World Academy Ready to Rise at Lakeshore East



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An informed tipster told Curbed to watch out for a GEMS World Academy construction start in the coming days. The Lakeshore East private school will focus on its phase 1 building for K-4, expected to open in time for the 2014-15 school year. The broad and shallow 9-story building will total 82,000 square feet at the northwestern corner of Magellan Development's self-contained skyscraper city, and will face inward toward the park. Nearby, squeezed between two towers, a phase 2 building will start at a later, unannounced date and will offer 285,000 square feet to grades 5-12 in a 16-story tower facing Wacker Drive. Both are designed by bKL Architecture and broadcast a more interesting, irregular facade to the city than the surrounding residential towers (except for Aqua).








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Old June 7th, 2013, 09:10 PM   #103
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Prudential Plaza Rescued From Zombie Status, To Get Makeover



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“The opportunity is that we have large blocks of space in one of the city's most recognizable buildings, in what is becoming a 24-hour live-work-entertainment area,” Mr. Whiting said. “It has tremendous views and the potential to put unique amenities within that. As a result, it will appeal to traditional tenants but also open it up to be more relevant to a more progressive user that is recruiting a younger workforce.”

After Integrys leaves next year, the property will be about 40 percent vacant, mostly in One Prudential, with blocks of up to 350,000 square feet available.

The owners plan to add restaurant and entertainment space in the Lake Street plaza, add more retail and amenities to the lobby and add huge rooftop areas, including a 30,000-square-foot tenant common area on a 10th-floor setback, Mr. Whiting said. A 40th-floor setback will provide outdoor seating for a restaurant on that floor.

Plans also include replacing the small, older windows in One Prudential to improve the views, and making basic building improvements such as modernizing elevators, he said. The redevelopment is expected to take 12 to 18 months.

“Virtually all of our vacancy is in One Prudential,” Mr. Whiting said. “It's an opportunity to go in and completely reset the building, then come out and offer multiple large blocks of trophy-class space with new finishes.”
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Old June 13th, 2013, 07:39 PM   #104
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111 W. Wacker adding new floors at a good clip:

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Old June 13th, 2013, 07:43 PM   #105
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73 East Lake Taking Shape:







All: http://chicago.curbed.com/archives/2...ake-wabash.php
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Old June 17th, 2013, 09:24 PM   #106
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Polarizing Apartment Project at Halsted & Bradley On the Rise





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Old June 17th, 2013, 09:27 PM   #107
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Surface Lot At 601 W. Jackson To Get Residential Tower



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The Chicago Architecture Blog landed the intel surrounding 601 W Jackson: a 15-story, 198-unit "infill" developed by JeffJack Investments (it's unclear wether Dan Moceri is still rolled into the venture) and designed by Thomas Roszak Architecture.
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Old June 17th, 2013, 09:32 PM   #108
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West Loop Condo Buyers Getting Low-Rise Contemporary





All: http://www.redfin.com/IL/Chicago/165.../home/45930027
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Old June 18th, 2013, 05:06 PM   #109
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Looks great. Nice international style design.
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Old June 21st, 2013, 12:15 AM   #110
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73 East Lake


http://blog.chicagoarchitecture.info...6-19-10-17-46/
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Old June 21st, 2013, 12:24 AM   #111
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"Missing Tooth in Chicago’s Urban Fabric” Expected to be Quickly Filled by Chicago+LaSalle Skyscraper [updated]

The newest residential tower planned for Chicago’s Near North Side is sailing through the bureaucratic process , and is expected to be approved by the city and break ground before the end of the year.


http://blog.chicagoarchitecture.info...er/untitled-8/

Quote:
“I’m inclined to approve the project,” said Second Ward Alderman Bob Fioretti at a public meeting at the Moody Bible Institute last night. Of the approximately 150 people in attendance, none spoke in opposition to the project — a rarity for any new downtown development. It’s already been approved by the Chicago Plan Commission.

There were a number of reasons cited for supporting the project, designed by Joseph Antunovich of Chicago’s Antunovich Associates. Developer Bill Smith, of Smithfield Properties, touted the 200 construction jobs the project will create, and the annual one million dollar contribution the completed building will make to the real estate tax base.
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Old June 21st, 2013, 08:45 PM   #112
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Virgin Hotel work in full swing:

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73 E Lake and Virgin Hotel by ifmuth, on Flickr
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Old June 21st, 2013, 08:47 PM   #113
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Catalyst Tower begins to rise:

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Catalyst Tower by ifmuth, on Flickr
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Old June 21st, 2013, 09:07 PM   #114
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435 N. Park Moving quickly now:


http://arcchicago.blogspot.com/2013/...staircase.html
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Old June 24th, 2013, 11:09 PM   #115
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A revival for the Chicago Spire??

Related in Deal to Buy Distressed Debt on Stalled Chicago Spire Project
http://blogs.wsj.com/moneybeat/2013/...spire-project/



Quote:
Irish developer Garrett Kelleher’s firm still holds title to the parcel where he had planned to build a 2,000-foot tall condo tower designed by Spanish architect Santiago Calatrava. He initially bought the raw land for $64 million in 2006 but construction stopped in 2008 as the recession hit. The downtown parcel near the city’s popular Navy Pier offers views of Lake Michigan.

Related’s acquisition of the debt raises the likelihood that a project will move forward at the site, which currently just has a foundation hole dug. But for Related to begin construction, it would first have to take title to the property or cut a deal with Mr. Kelleher.
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Old June 25th, 2013, 06:17 AM   #116
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Moar:

Related Midwest Emerges As Buyer Of Chicago Spire Debt

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Related Midwest has emerged as the leading bidder for the debt on the site of the failed Chicago Spire, a prime Lake Shore Drive property that has been ensnared in litigation for more than three years, according to people familiar with the transaction.

Related Midwest, a unit of New York-based Related Cos., would buy about $93 million in debt on the 2.2-acre property from Ireland's National Asset Management Agency, or NAMA. Irish developer Garrett Kelleher planned on building a 150-story condominium tower on the site and spent millions on foundation work. But the market crashed and the project has been tied up in foreclosure since 2010.

It's unclear how much Related Midwest would pay for the debt on the property, but it's likely that the price will be much lower than the $93 million Mr. Kelleher owes. To take over the property, Related Midwest would still need to complete the foreclosure process or work out a deal with Mr. Kelleher and other creditors. The Wall Street Journal first reported the news that Related had agreed to buy the Spire site. NAMA in March hired Jones Lang LaSalle Inc. to sell the Spire debt. Representatives of Related, NAMA and Jones Lang declined to comment.

The Spire deal would add another property to Related Midwest's already full development pipeline in Chicago. The firm recently opened a 500-unit apartment tower just two blocks north, at 500 N. Lake Shore Drive, and is building another 504 apartments at 111 W. Wacker Drive, the site of the aborted Waterview Tower project. A venture including Related Midwest also took over about 500 unsold condominiums in three failed South Loop towers in 2012, restarting sales at the buildings earlier this year. Related Midwest's main competition for the Spire property was DeBartolo Development LLC, a Tampa, Fla.-based firm that has also been active in the Streeterville neighborhood. A DeBartolo executive was not immediately available for comment.

It's unclear what Related Midwest would build on the Spire property. Though the apartment market is hot, a construction boom is already well underway, fueling talk of a potential glut. Condos, meanwhile, are an increasingly appealing option as the residential market continues to rebound from a prolonged slump. Construction of tall towers has yet to restart, but the recovery, assuming it continues, will eventually stir the animal spirits of high-rise developers.

[...]
Read more: http://www.chicagorealestatedaily.co...#ixzz2XC4CFAlr
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Old June 27th, 2013, 03:27 AM   #117
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$400 Million McCormick Hotel Goes To Gensler


http://chicago.curbed.com/archives/2...to-gensler.php

Quote:

By Kathy BergenTribune reporter
11:05 a.m. CDT, June 25, 2013


McCormick Place officials moved ahead Tuesday on plans to create an entertainment district around the convention center by awarding a nearly $7 million contract for design work on a planned 1,200-room hotel.

The board of the Metropolitan Pier and Exposition Authority, known as McPier, awarded the contract to Gensler Architecture, Design & Planning, which submitted the second-lowest bid among seven proposals.

The $400 million hotel would be built at Cermak Road and Indiana Avenue, kitty-corner from the site of a planned multi-use arena that would be home to the DePaul Blue Demons basketball team. McPier does not have a purchase agreement with the owner of the hotel site.

Ald. Pat Dowell, whose 3rd Ward will include the hotel site under the city ward map revision, said she is excited about the prospect of hotels, restaurants and entertainment venues in the South Loop.

But she said the Gensler proposal did not have adequate participation by African-American-owned subcontractors. While minority-owned and women-owned enterprises will provide 45 percent of the work, very little of that work is going to African-American owned firms, she said.

[...]
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Old June 27th, 2013, 10:37 PM   #118
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Rehab Institute Breaking Ground July 1st


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Old June 29th, 2013, 10:58 PM   #119
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Hubbard Place is getting out of the weather:

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In context - the 444 W lake (Riverfront Plaza) site in the foreground.
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Old June 29th, 2013, 11:01 PM   #120
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111 W. Wacker filling the river canyon:

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