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Old May 13th, 2010, 06:12 PM   #1281
The Urban Politician
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Talk_about_a_hotel
Talk about a hotel
05/12/2010 10:00 PM

Fioretti’s office is also hosting a community meeting May 17 at the Merit School of Music, 38 S. Peoria, about a 23-story, 615-room hotel that Toyoko Inn Chicago LLC. has proposed for 320 S. Clinton.

The firm filed for a zoning change needed for the project in May 2009.

The meeting starts at 7 p.m.
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Old May 13th, 2010, 07:33 PM   #1282
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Things are beginning to percolate. Still not in full recovery mode, but the long range planners are stepping out.
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Old May 15th, 2010, 07:46 AM   #1283
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hope they get a rendering in and I hope that everybody is in favor of it...
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Old May 16th, 2010, 11:17 PM   #1284
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A new high-profile individual to reside downtown: Hank Paulson. Interesting he chose Millennium Park over Trump, Streeterville, Gold Coast, etc. for his pied-a-terre. Anyone venture to guess precisely which "Millennium Park" building?

http://www.chicagotribune.com/busine...7319343.column

Back home Chicago: Henry "Hank" Paulson, the former U.S. Treasury secretary and Goldman Sachs chief, is moving back to Chicago.

In mid-April, Paulson purchased a three-bedroom pied-a-terre in Millennium Park for $1.45 million, according to property records. He still owns a home in Barrington Hills, on a portion of land where he grew up.

Paulson will be sharing office space here with close friend and former Goldman Sachs colleague Byron Trott, according to a source who declined to be named. The two, however, will not be working together on Trott's new venture, BDT Capital Partners, a private-equity fund built with money from some of the Midwest's wealthiest families.

A Paulson spokeswoman said he is not ready to talk about his plans in Chicago. Paulson has publicly said he wants to spend the rest of his life, and much of his money, on conservation issues.
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Old May 17th, 2010, 01:36 AM   #1285
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^ I'm guessing either the Heritage or the Legacy.

Where else would a guy like Hank Paulson live?
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Old June 16th, 2010, 07:50 PM   #1286
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The problems of renovating a landmark like Inland Steel

http://www.metropolismag.com/story/2...e-sky-thinking

Blue Sky Thinking
Though it may serve as a blueprint for the future, SOM’s visionary master plan for greening the Inland Steel Building ran into two insurmountable obstacles: a tough economy and strict historic-preservation restrictions.

By Alexandra Lange
Posted June 16, 2010


What makes a landmark? Is it the stuff it’s made of? Or the goals of the architects who made it? In the case of the Inland Steel Building—a stainless-steel Chicago land-mark from 1958, designed by Skidmore, Owings & Merrill—these questions have become both practical and philosophical. In the lead-up to the building’s current renovation, architects, preservationists, and city and state officials all debated the future of the icon and whether continuity with the past meant keeping its material structure or innovating anew. The owner hired architects at SOM to create a master plan for retrofitting the building. They matched its original innovations in today’s terms—sustainability, flexibility, ease of use—and demonstrated the outer limits for LEED in a 52-year-old shell. Inland Steel has become a case study in what you can do to green a midcentury building, as well as what you can’t, economically and legally. As retrofits become more appealing—cheaper, greener—we may need to revisit the rules for bringing old buildings back to life.
---
http://www.inlandsteelbuilding.com/





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Old June 22nd, 2010, 07:20 AM   #1287
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No specific location yet, but I'll put this here for now

http://travel.usatoday.com/hotels/po...o-says/95945/1

Joie de Vivre eyes New York, Chicago, Seattle for expansion, CEO says
By Barbara De Lollis


Now that California boutique hotel firm Joie de Vivre Hospitality has inked a deal with Pritkzer family scion John Pritzker, the 23-year-old chain's poised to leave its native California for the first time and take its quirky, artistic style across the USA.
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Old July 21st, 2010, 09:42 PM   #1288
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Not development that will be seen but pretty awesome IMO

Quote:
http://chicagobreakingbusiness.com/2...yscrapers.html

Korea to bankroll ’smart’ Chicago skyscrapers
By Julie Wernau | Posted today at 12:00 a.m.

By dimming lights or lowering water temperature on a massive scale, the owners of some of Chicago’s signature skyscrapers are banking on new technology that would dramatically cut the city’s energy usage and save millions of dollars.

The technology is being bankrolled by an unusual source: The Republic of Korea, which, under a complex agreement to be signed today, has agreed to install energy-saving equipment in up to 14 Chicago buildings during the next few months. Korean officials have pledged to pay millions to Illinois colleges for research and development efforts related to “smart grid” technology.
The Koreans have agreed to invest between $10 and $20 million in the buildings project and upwards of $25 million that would include money for research and development related to smart grid.

The organization that represents most of Chicago’s downtown buildings said if the project were expanded to the entire downtown, the energy savings would be enough to shutter a coal-fired power plant. The project is a first-of-its-kind attempt to position Illinois as an industry leader in smart grid efforts, which some ambitiously predict could become an engine for high-paying jobs.

Korea has already invested billions in the technology and is wiring homes and buildings in the south island of Jeju as a demonstration project and plans to expand its smart grid to the entire country by 2030.

In Chicago, people who work in the skyscrapers might not notice the new automated tweaks. The technology enables buildings to communicate back and forth with operators of the electric grid, drawing down power during peak demand hours that reap payments for “returning” energy to the constantly fluctuating power market, said Michael Cornicelli, executive vice president of BOMA/Chicago, whose members represent most of Chicago’s office buildings.

“This has been done on a very limited basis in campus-like settings or individual office buildings, but not to this scale,” he said.

Between four and 14 buildings will be selected for the pilot, Cornicelli said, mostly commercial office buildings but a smaller portion will be large residential buildings. Korean engineers are evaluating 20 buildings that have volunteered for the project and the selection process could be completed this month. Cornicelli did not provide the names of those buildings that have volunteered but confirmed that the Aon Center is one of the buildings..............
....
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Old August 31st, 2010, 04:27 AM   #1289
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171 N Wabash

http://www.chicagobusiness.com/artic...loper-interest

Hot downtown apartment market piques developer interest
By: Alby Gallun August 30, 2010


...Mr. Rossi, president of Chicago-based RMK Management Corp., is putting together cost estimates for a 44-story tower in the Loop and expects to start soliciting lenders in the next few weeks.

...Securing construction financing remains a huge obstacle for developers, but Mr. Rossi says he sees signs that lenders are starting to loosen up. He and partner Thomas Moran want to build a 321-unit tower at 73 E. Lake St. and plan to have a book on the roughly $120-million project ready for lenders and equity partners in the next two weeks. If all goes according to plan, they would break ground next year and complete the tower in 2013.
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Old August 31st, 2010, 05:33 PM   #1290
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^ Yes more good news. Can't wait to see some renderings (This would be even better if they built it in the South Loop instead. Just too short to be in the Loop IMO)...
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Old September 1st, 2010, 02:41 AM   #1291
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Developing Stories

from 08/16/2010
http://www.archpaper.com/e-board_rev.asp?News_ID=4776
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Old September 1st, 2010, 06:22 PM   #1292
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Quote:
Originally Posted by helghast View Post
Best quote from above article:

"According to Loewenberg, the build-out of Lakeshore East is on schedule, with eight of the 13 major buildings completed. Though the most recent buildings are smaller scale, such as the Studio Gang–designed townhouses known as the Parkhomes at Aqua, the market is picking up again. “There has been a dramatic turnaround in the last 60 to 90 days,” he said. A new building, likely rentals, is in the works, designed by Brininstool, Kerwin and Lynch (BKL), a firm in which Magellan is an investor. “The condo market is still fractured, but rentals have improved dramatically here,” he said. A condominium building by Arquitectonica is on hold until more financing can be secured. “It will come back,” Loewenberg said of the project."
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Old September 4th, 2010, 02:48 AM   #1293
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Renovation of the Bond Building/Benson & Rixon

Quincy entrance

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Old September 11th, 2010, 11:43 PM   #1294
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Quote:
Originally Posted by spyguy View Post
11 South LaSalle - Edition Hotel - 245 rooms, rooftop bar on 23rd floor, ground floor restaurant and bar

"Internationally acclaimed lighting designer Pierre Arnault has been retained to design the exterior lighting system, which will focus on illuminating the window arches and the intricate terra cotta detailing."

^I'm not sure if they mean Pierre Bideau.
I wish they would convert all of the floors of the Roanoke Building to hotel usage instead of just the top floors.
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You support the good projects... and oppose the bad.
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Old September 28th, 2010, 06:22 PM   #1295
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Not sure, but it looks like another 'pocket park' might be going in on Randolph, across from the Cadillac Theater. The sidewalk is diverted into the street with barriers, and there are ground-level squares of concrete that look like planting areas. There's also a light pole mount a good 15 feet in from the sidewalk on one side, with more planting areas.
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Old October 1st, 2010, 04:56 AM   #1296
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Wasn't sure exactly where to put this. Rush hospital expansion:
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Old October 31st, 2010, 12:24 AM   #1297
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http://www.chicagobusiness.com/artic...p-office-tower

Race is on for next Loop office tower
By: Eddie Baeb November 01, 2010


...The two are proposing a 1-million-square-foot, 34-floor building across Jackson Boulevard from Willis Tower on what currently is a landscaped front yard of the 65-story 311 S. Wacker Drive building. The developers hope to open their glass-clad tower in late 2013, around the time leases expire for a handful of big companies, including hedge fund Citadel LLC, Fifth Third Bank and law firm SNR Denton US LLP.

...Elsewhere in the Loop, Chicago-based Buck is marketing a proposed 700,000-square-foot building at Randolph and Franklin streets, just east of its newest tower, at 155 N. Wacker. The plan is for 30 to 40 stories, although that could shrink, Buck principal William Rolander says.

Sources say Hines, the Houston-based firm that developed 300 N. LaSalle, is trying to revive plans for a tower at Lake and Canal streets. Despite leasing 60% of a proposed 52-story building to two anchor tenants, Hines scotched the project last year when financing fell through.

301 S Wacker
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Old November 2nd, 2010, 05:50 AM   #1298
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http://www.trammellcrow.com/

TRAMMELL CROW COMPANY SELECTED AS DEVELOPER FOR NEW 1 MSF OFFICE
TOWER IN DOWNTOWN CHICAGO


Trammell Crow Company announces that it has entered into a
partnership agreement with co-investor Insite Real Estate, LLC to be the master developer
of a new 1 million square foot Class A office tower at 301 South Wacker. Located at the
corner of West Jackson Blvd. and South Wacker Drive in downtown Chicago, the 34-story
office tower
will feature a sustainable, modern design with efficient 30,000 square foot
floor plates.
“We are fully committed to this project, and confident that 301 S. Wacker will be a great
addition to the Chicago skyline and represent the highest quality of modern architecture
design,” said Shaun Frankfurt, Senior Managing Director and Head of Trammell Crow
Company’s Chicago Business Unit. “There are a number of prospective tenants seeking
large blocks of space and from our discussions with them, we’ve received positive
feedback and hope to break ground as soon as possible.”

301 South Wacker has been designed to provide a cohesive pedestrian experience with
the existing Winter Garden and outdoor plazas built on the master planned city block
and to complement the architecture of the adjacent 311 South Wacker Building. The
buildings glass curtain wall uses pronounced metal mullion detailing to uphold the
Chicago tradition of visually expressing the buildings structure. As the tower rises from its
base, a separate rectangular object sheathed in butt-glazed glass is embedded into the
structure to create a distinct architectural feature that marks the Wacker and Jackson
corner. The tower terminates with a setback that echoes the “shoulders” of the adjacent
311 Building and incorporates a subtly illuminated glass top.
The buildings two-story clear-glass lobby runs the length of Jackson Street and is finished
in back-lit alabaster walls that provide tenants with excellent identification opportunities.
Tenant amenities include parking for over 200 cars, a health club, and conference
center. The building will also feature a variety of sustainable features as TCC plans to
seek LEED Certification.


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Old November 2nd, 2010, 06:09 AM   #1299
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^ I'm with the skeptics. I have a hard time seeing this come to fruition.

But I hope to hell I'm wrong
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Old November 2nd, 2010, 06:22 PM   #1300
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I would prefer them to build on one of the empty lots, like the 2 on Franklin. But hey, I guess it's something.

On a related note, is the complete rebuild of South Wacker still happening? Is that what all the lower level construction is preparing for?
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