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Old September 22nd, 2007, 03:35 AM   #1061
bobablob
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I have a hunch IBM isn't going Condo. Several commercial tenants recently signed 15 year lease extensions.
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Old September 22nd, 2007, 07:11 PM   #1062
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An architecture firm that resides in the IBM Building has been studying planning options for converting the upper floors to residential condominiumns, similar to the 55 East Monroe building. There has never been any substantial discussions of converting the entire building to residential.

For what it's worth, there have also been conceptual studies for converting upper floors of the Aon Center to residential.
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Old September 22nd, 2007, 08:50 PM   #1063
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For what it's worth, there have also been conceptual studies for converting upper floors of the Aon Center to residential.
I bet that will happen. Aon is losing a huge tenant in early 2009, and big companies are having second thoughts about setting up offices too far from the Metra stations.
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Old September 23rd, 2007, 06:23 AM   #1064
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Well, these old Class A office spaces will just downgrade to Class B, I would expect. This is a pretty typical cycle.
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Old September 27th, 2007, 05:23 PM   #1065
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This is rather big news. Thanks to Suburban Shadow at SSP for the heads up. The tower would be 100 storeys tall:


Developer Tries Comeback With New Chicago Waldorf
By JENNIFER S. FORSYTH
September 27, 2007; Page B1
.....Now Mr. Reschke is mounting a big comeback, with $2 billion worth of projects planned or under construction. The most prestigious is a Waldorf-Astoria hotel and residence towers in Chicago that he plans to develop for Hilton Hotels Corp. The $500 million project will offer 325 rooms in a five-star hotel and 300 luxury condominiums in a sleek modern building about a block from the Chicago River.....
http://online.wsj.com/article/SB119085473819840797.html

Reschke will be using Carley's Fordham Co. for this.

Last edited by wrabbit; September 27th, 2007 at 05:37 PM.
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Old September 27th, 2007, 05:28 PM   #1066
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That is an incredible design...please, please, no tease. Can this be real?
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Old September 27th, 2007, 05:47 PM   #1067
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Quote:
Originally Posted by wrabbit View Post
This is rather big news. Thanks to Suburban Shadow at SSP for the heads up. The tower would be 100 storeys tall:


Developer Tries Comeback With New Chicago Waldorf
By JENNIFER S. FORSYTH
September 27, 2007; Page B1
.....Now Mr. Reschke is mounting a big comeback, with $2 billion worth of projects planned or under construction. The most prestigious is a Waldorf-Astoria hotel and residence towers in Chicago that he plans to develop for Hilton Hotels Corp. The $500 million project will offer 325 rooms in a five-star hotel and 300 luxury condominiums in a sleek modern building about a block from the Chicago River.....
http://online.wsj.com/article/SB119085473819840797.html

Reschke will be using Carley's Fordham Co. for this.
this could be my new favorite building. looks like its in the same spot as the spire though. where exactly would this be going?
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Old September 27th, 2007, 05:49 PM   #1068
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^ 500 north LSD? I thought Frodham had the option just north of the Spire.
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Old September 27th, 2007, 05:52 PM   #1069
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BTW, Mandarin Oriental better pull the trigger or pull the plug!
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Old September 27th, 2007, 06:16 PM   #1070
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Please continue discussion of the Waldorf Astoria here:

http://www.skyscrapercity.com/showthread.php?t=528574
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Old September 27th, 2007, 07:48 PM   #1071
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Quote:
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^ 500 north LSD? I thought Frodham had the option just north of the Spire.
The Peshtigo will be at 500n LSD. Carley and Reschke have talked about building something at the site just north of the sheraton for a while now.
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Old September 30th, 2007, 03:26 AM   #1072
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Quote:
Originally Posted by Flubnut View Post
I bet that will happen. Aon is losing a huge tenant in early 2009, and big companies are having second thoughts about setting up offices too far from the Metra stations.
AON Centre cannot be converted into residential. That's just as dumb as making every single portion of the John Hancock Centre residential.
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Old September 30th, 2007, 07:43 PM   #1073
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3,000-foot-tall building comming to chicago?

something i read in the suntimes last week :

It's a fitting question for Zaya Younan, bona fide property mogul and chairman of Younan Properties Inc. He announced in the Sun-Times two months ago that he wants to build the world's tallest building, and then some. Now, he said he has narrowed his search for a site to Chicago or Houston. He's ruled out Los Angeles.

Younan, who invests in office properties, said he's consulting with experts in aviation regulations and engineering on a 3,000-foot-tall building, twice the height of Sears Tower. His stated aim is to bring the crown of "world's tallest building" back to the United States. He also said he wants to capitalize on a trend toward vertical living and would include so many uses within the building as to make it a self-contained city. He talks about things like schools, hospitals and museums and said he's researching specific sites.

It's tempting to write this off as wacky self-promotion. But who knows? If he can spare space for a children's museum and a casino, I bet he'd get Mayor Daley's OK.
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Old September 30th, 2007, 07:47 PM   #1074
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I don't want a 3k footer in Chicago. Let the sheiks or Chinese have it. Give me two more 1,5k or three 1k's and I would be happier.
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Old September 30th, 2007, 10:15 PM   #1075
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I'd like to see it built maybe a bit north of the John Hancock center, so futher growth can start there and chicago's skyline can extend a little, but don't build it close to the spire

But if he wants to build in Houston, I'm all for it!!

Last edited by aliendroid; September 30th, 2007 at 10:23 PM.
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Old September 30th, 2007, 10:41 PM   #1076
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I really wish I knew if this guy is was for real. I agree with the poster who said 3 1000 fts or 2 1500fts. but hard not to support it either. we'll see
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Old September 30th, 2007, 11:15 PM   #1077
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Quote:
Originally Posted by Chicagophotoshop View Post
I really wish I knew if this guy is was for real. I agree with the poster who said 3 1000 fts or 2 1500fts. but hard not to support it either. we'll see
I just read about this guy, it's his dream to bring WTB back to the USA and he's got a large multi-billion dollar business that only started back in maybe 2002. I think if he is fixated on this dream, he will eventually do it.

Houston with WTB
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Old October 1st, 2007, 12:07 AM   #1078
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I'm only for it here if it goes at wolf point to be an anchor in the skyline. Otherwise, let it look ridiculously out-of-place somewhere else.
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Old October 1st, 2007, 12:42 AM   #1079
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It would likely look ridiculous even at Wolf Point.
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Old October 1st, 2007, 12:48 AM   #1080
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what are some possible locations? wolf point would be ok. it will be neighbors with 3 other supertalls on the river.
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