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Old March 4th, 2017, 07:14 AM   #1
BVictor1
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CHICAGO | 42-48 East Superior Street | 221m | 725ft | 60 fl | Pro

Upcoming Community Presentation for Proposed Development at Rush Street and Superior Street




Alderman Reilly invites you to join him at an informational presentation for a development proposal at Rush Street and Superior Street. Representatives of Symmetry Development will present their plans and answer any questions you may have about this proposal.

Symmetry proposes to construct a 60-story, 725' tall building containing approximately 30,000 square feet of retail space, 216 hotel rooms, 120 hotel timeshare units, 246 condominium units and 325 parking spaces.

WHAT: New Mixed-Use Development located at 739 N. Wabash,
42-48 E. Superior, 730-740 N. Rush Street, Chicago, Illinois

WHO: Hosted by Alderman Brendan Reilly and
River North Residents Association (RNRA)

WHEN: Monday, March 13, 2017, at 6:00 P.M.

WHERE: Sofitel Chicago, Magnificent Mile
20 E. Chestnut, Paris Ballroom, 3rd Floor
Chicago, IL 60611

Alderman Reilly "works hard to provide an open and transparent community review" of all local development proposals. We hope you can join Alderman and RNRA to engage in a direct dialogue with each development team to gain a better understanding of their proposal and receive answers to any questions you may have.
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Old March 4th, 2017, 07:17 AM   #2
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http://www.chicagobusiness.com/reale...early-a-decade

March 03, 2017
Developer proposes tallest building in River North in nearly a decade

By ALBY GALLUN

Quote:
A New York developer plans a 60-story hotel and condominium tower in River North, the tallest building to be proposed in the neighborhood since the recession.

Symmetry Property Development wants to build the 725-foot high-rise at the northwest corner of Superior Street and Wabash Avenue, according to an email downtown Ald. Brendan Reilly (42nd) sent to constituents. A block west of the Peninsula Hotel, the development would include 216 hotel rooms, 120 timeshare units, 246 condos and about 30,000 square feet of retail space, according to the email.

A Symmetry executive did not respond to an email.

About two years ago, Symmetry floated a plan for a 36-story hotel-condo tower on the property. But it never filed a proposal with the city for the project, which it would have built with Chicago developer Chris Carley, who died last year.

The strong hotel and condo markets are working in Symmetry's favor. The condo plan has "great potential," Gail Lissner, vice president at Appraisal Research Counselors, a Chicago-based consulting firm, wrote in an email.
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Old March 4th, 2017, 10:35 PM   #3
chjbolton
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Yes! I feel like this part of Chicago is SO underexploited!
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Old March 5th, 2017, 02:11 PM   #4
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Looks strange, don't like round top of the tower
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Old March 6th, 2017, 04:41 AM   #5
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I like it, it's unique
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Old March 6th, 2017, 10:06 PM   #6
Eric Offereins
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Quote:
Originally Posted by Morpet View Post
Looks strange, don't like round top of the tower
I agree. This is a mediocre design.
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Old March 7th, 2017, 09:54 AM   #7
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Quote:
Originally Posted by Eric Offereins View Post
I agree. This is a mediocre design.
I dont understand this opinion, considering the fact that there has been only one render released for this proposal, and that only one single side of the building is depicted in the render. I think it is necessary to wait for more renders before seriously judging the proposal.

The one opinion that I currently have considering this single render is that it is nice to see a proposal in this part of the city with a facade that isnt beige.
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Old March 14th, 2017, 10:28 PM   #8
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NOTES

Site Area - 37,500 sf

-60 stories

-216 hotel

-120 time share

-246 condo

-325 parking

30,000 retail B1, 1 and 2nd floors

18,4 FAR

$8,000,000 neighborhood opportunity fund
$6.2 M affordable housing

portion of facade of Giordano’s being demolished.

all vehicle loading from the alley

took 5’ off property in alley for turning radius easement

retail frontage on superior and wabash

no curb cuts along wabash, rush, or superior

older buildings don’t qualify for landmark status

18-24 far in surrounding area

DX-12


03/13/17

















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Old March 17th, 2017, 07:56 AM   #9
Chad
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OH MY MAMA!!!!!!!!!!
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Old March 17th, 2017, 08:08 PM   #10
Uaarkson
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Ew.
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Old March 18th, 2017, 02:20 PM   #11
TheIllinoisan
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This looks amazing. I dont understand all the whining about the top part. Its different and the fact that it is a structural support element is awesome from an engineering perspective.
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