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Old June 7th, 2007, 11:33 PM   #21
ronaround74
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Hi, new to the board, but a West Looper for almost 4 years now.

I'm confused about the apartment building planned for 1035 W Van Buren. Isn't the Automatic Lofts student housing building (currently under construction) right there?

I was wondering about what was going on at the Fannie May site so I was glad to read the article about Redford's proposed theater.

Last edited by ronaround74; June 8th, 2007 at 12:08 AM.
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Old June 8th, 2007, 02:37 AM   #22
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Quote:
Originally Posted by ronaround74 View Post
I'm confused about the apartment building planned for 1035 W Van Buren. Isn't the Automatic Lofts student housing building (currently under construction) right there?
It's right next to those converted buildings.
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Old June 8th, 2007, 02:59 AM   #23
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Thanks, spyguy. Seems to me that site isn't quite big enough for such a massive building, but I could be misjudging.

Does anyone know what the small, 3-4 story building is a little further down on Van Buren, just east of the car wash (across from the Fannie May site)? It's a bit of an eyesore and I'm wondering if it's slated for any kind of redevelopment.
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Old July 6th, 2007, 05:55 PM   #24
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Either I've been living in a cave the past month or so, or this just hasn't been terribly well-publicized, but I've just learned that the development slated for the former Fannie May site has a new name: West Loop Promenade.

http://chicagorealestatedaily.com/cg...ws.pl?id=25187
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Old July 13th, 2007, 05:23 PM   #25
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http://www.chicagoagentmagazine.com/...dex.asp?id=818
Sales Start at 33Six: Condos Offer High Tech, Low Prices in Popular West Loop Location



Chicago-based Irongate Land Company has announced the start of sales for 33Six, a new 70-unit condominium mid-rise, located at Morgan and Van Buren streets in the West Loop.

33Six will feature one-bedroom, one-bedroom-plus-den, two-bedroom and two-bedroom-plus-den floor plans in a contemporary 11-story building designed by Chicago-based Hartshorne Plunkard Architecture. Homes range in size from 690 to 1,220 square feet and are base-priced from the low $230,000s to the mid-$400,000s. There is also a selection of penthouse floor plans offering up to 1,685 square feet. Secured, indoor parking will be available for $35,000.

“33Six has an incredibly convenient location just two blocks from the Blue Line ‘L and Eisenhower Expressway, and within walking distance of UIC, the Illinois Medical District and Greek Town,” said Anthony Tiritilli, president and CEO of Irongate Land Company. “We’re also hitting a price point from the low $230,000s that’s going to be very attractive to first-time homebuyers. And we’re including a number of upscale features – both in terms of style and technology –these buyers will really appreciate.”

Residences at 33Six will offer open, loft-style floor plans with 10’ concrete ceilings and exposed ductwork, a balcony or terrace, hardwood flooring, granite countertops and stainless steel appliances.

Another carefully selected feature is 33Six’s home technology package. Each home will include structured wiring for an MP3 docking station, two built-in speakers, and high-speed phone, cable and Internet lines. Irongate will also include a reinforced mounting location for a flat-panel TV, and Wi-Fi access will be available throughout the building.

“As far as our customers are concerned, technology infrastructure in the home is not a luxury anymore; it’s a necessity. Whether they’ve got their whole life inside their iPhone or iPod, or they’re permanently attached to their BlackBerry, Gen-X and Gen-Y need their home to integrate with their personal technology. And we all know how quickly that technology will change,” said Tiritilli.

“It has to be frustrating to feel like your new home is outdated the day you move in, but that’s what’s happening with a lot of new construction. 33Six is designed from the inside out to keep up with technology and be functional years down the road,” he said.

While Irongate has put an emphasis on luxury appointments within the home, it has purposely held back on common-area amenities, like a doorman, swimming pool or resident’s lounge, which drive up the cost of assessments, Tiritilli noted.

Instead, 33Six will feature a phone/video entry intercom and cardio room, as well as an 11th-floor sundeck and convenience retail at street level.

“Our target market has told us they don’t want to pay for amenities they’re only going to use twice a year. They’d rather have an assessment that’s a few hundred dollars less, so that they can go out on the weekends and enjoy themselves or take a trip or pay for grad school,” said Tiritilli. “A pool and doorman sound great until you open up your assessment bill, and you’re looking at $500 or $600 on a two-bedroom condominium. That’s a car payment and then some.”

Other features at 33Six include ceramic floor and wall tile in the bathroom; cultured marble vanities with integral bowls; and designer chrome faucets. Select plans include separate, walk-in showers.

33Six is a pet-friendly building with a number of parks located nearby. The building is also within walking distance of some of the best dining, nightlife and cultural offerings in the West Loop, such as Randolph Street’s “Restaurant Row” and Greek Town. Residents are in proximity to transportation options including the Ogilvie Transportation Center, Union Station, the CTA Green and Blue Lines, and Interstates 290 and 90/94.

Sales are being conducted by @properties. For more information, visit www.33sixchicago.com, or contact exclusive listing agents Rick DeMaria, (312) 492-0008, and Marty Winefield, (312) 669-9205.

Irongate Land Company is a Chicago-based developer specializing in city and suburban infill communities and regional secondary markets. Led by an executive team with more than eight decades of combined experience in development, architecture, construction, appraisals and real estate finance, Irongate is committed to building a legacy through thoughtful design and customer advocacy.
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Old July 18th, 2007, 07:09 PM   #26
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33Six was marketed for a while as "The Morgan" by Keating Development (IIRC). Then the signage went down a year or so ago, and just recently popped back up with the 33Six info. I wonder what happened in between. The building design appears to be the same as the original.
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Old July 19th, 2007, 10:19 AM   #27
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Nothing more than a simple re-branding. They did it to Aristocrat Tower in the South Loop, which is now HOM Chicago. They're just trying to appeal to a different market segment, after the first marketing campaign didn't work.
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Old August 7th, 2007, 09:01 PM   #28
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http://www.prweb.com/releases/2007/08/prweb545355.htm

IBT Group Announces Partnership with Blackrock to Build Project in Chicago’s West Loop

August 7, 2007


IBT Group LLC, a real estate and asset management firm and advisory client of BlackRock Inc., one of the world’s largest investment management firms, have announced a partnership that will provide capital for a new mixed-use development in Chicago’s West Loop.

“Our partnership with BlackRock represents a significant step forward in our growth,” said IBT Group President Gary Pachucki, who founded the company in 1999. “It not only secures capital for West Loop Promenade, but also provides access to Wall Street, and the capital that will allow us to pursue larger, more complex transactions.”

“We are pleased to become a capital partner to IBT Group and its West Loop Promenade development, which has already secured a lease with Robert Redford’s Sundance Cinemas,” said Erik Grabowski, BlackRock Vice President. “We view the West Loop as one of the fastest-growing areas of Chicago and are excited about the opportunity to bring a high quality retail/entertainment project to the neighborhood.”

West Loop Promenade is a $240 million retail and residential project being developed by IBT Group on Chicago’s Near West Side. Scheduled for a spring 2009 opening, it will include 285,000 square feet of retail space on three levels, including the eight-screen Sundance Cinemas theaters.

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Old August 9th, 2007, 12:36 AM   #29
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VOID

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Old August 9th, 2007, 09:57 PM   #30
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Quote:
Originally Posted by spyguy View Post
West Loop Promenade is a $240 million retail and residential project being developed by IBT Group on Chicago’s Near West Side. Scheduled for a spring 2009 opening, it will include 285,000 square feet of retail space on three levels, including the eight-screen Sundance Cinemas theaters.
Hmm, well I can't say I'm jumping up and down about the design, but it's not bad. It resembles Skybridge to me. Do we know how tall the "tower" component is going to be? And will that be condos, apartments, hotel?

At any rate, it will be nice to have some additional retail, dining, and entertainment options in the area.
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Old August 10th, 2007, 12:48 AM   #31
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VOID

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Old September 15th, 2007, 07:46 AM   #32
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Emerald

Odyssey Lofts
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Old September 27th, 2007, 01:15 AM   #33
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http://www.chicagorealestatedaily.co...age.pl?id=2166

Chicago — Madison / Fed Ex Redevelopment, 1260-1300 W Madison St., 11-story and four-story mixed-use buildings, June 2008, $32 million.

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http://chicagorealestatedaily.com/cg...ws.pl?id=26491

Developer plans boutique hotel in West Loop
By Alby Gallun


An affiliate of Greenville, S.C.-based JHM Hotels Inc. has paid $4.1 million for an 11,700-square-foot parcel at 150 N. Jefferson St. near the Ogilvie Transportation Center, according to documents filed with the Cook County Recorder...It’s a small site and given current zoning, “I can’t see a monstrous building going in there,” says Mr. O’Flaherty, president of Palos Hills-based O’Flaherty Realtors & Builders Inc.
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Old September 27th, 2007, 06:14 AM   #34
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Maybe it's just me... does anyone else recognize the "near west side" (west of the river / east of expressway) as becoming the new River North? It seems like one of the best locations in Chicago.
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Old September 28th, 2007, 01:09 AM   #35
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River North isn't full yet. When Walgreens and Hard Rock Cafe can come in and build locations with parking lots, it's not done yet. There are still a ton of standalone parking lots, too.
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Old October 6th, 2007, 02:53 AM   #36
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111 S Peoria - 146 units

http://chicagorealestatedaily.com/cg...ws.pl?id=26623

2-building condo project planned for Greektown

By Thomas A. Corfman
Oct. 05, 2007


Jos. Cacciatore & Co. is gearing up for a rebound in the condominium market next year with plans for two 12-story condo buildings in the Greektown neighborhood on a site owned for more than 20 years by Victor Cacciatore, the patriarch of the Chicago real estate and banking family.
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Old October 11th, 2007, 02:00 AM   #37
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Ugh...NIMBYs at their finest

http://www.suntimes.com/business/roe...eder10.article

Curtains for Sundance?
Project underwhelms West Loop panel

October 10, 2007
DAVID ROEDER


Last May, one of the lead developers of the old Fannie May candy factory at 1137 W. Jackson gladly announced the signing of Robert Redford's Sundance Cinemas LLC as an anchor tenant. But when asked about prospects for a residential high-rise abutting the theater, the developer, Gary Pachucki, said, "Don't go there."

----
Love this quote:
Quote:
"We would love to see first-class retail in the West Loop," Sedler said, "but at the same time we have to see something that benefits the area."
Basically they want all the benefits of density but without density. Smart.
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Old October 11th, 2007, 02:00 AM   #38
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http://www.chicagorealestatedaily.co...age.pl?id=2166

Chicago — West Loop Promenade, 1137 W. Jackson Blvd., 266,000-sq.-ft. mixed-use building, February 2008, $40 million.
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Old October 18th, 2007, 01:01 AM   #39
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West Loop Gate strikes again...

http://chicagorealestatedaily.com/cg...ws.pl?id=26770

Roundy’s plans upscale West Loop store

By Eddie Baeb


Roundy’s Supermarkets Inc. is close to signing a lease for a 60,000-square-foot upscale grocery store at a development site in the West Loop at Madison and Halsted streets.

Roundy’s, a Milwaukee-based chain that earlier this year announced ambitious plans to open 12 stores here in the next three years, would anchor a $100-million mixed-use development that is to include an additional 60,000 square feet of retail space and a residential tower with about 230 units.

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Old October 18th, 2007, 03:49 AM   #40
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^ That rendering leaves out the residential tower that those WLCO *******s will surely protest
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