daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > World Development News Forums > General Urban Developments > DN Archives



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old July 13th, 2008, 07:26 PM   #341
Centrum
Registered User
 
Join Date: Dec 2006
Posts: 44
Likes (Received): 0

Quote:
Originally Posted by Mr Downtown View Post
Centrum, I'm curious why the theater is being framed in steel rather than concrete like the rest of the center. It seems like concrete would have fewer problems with sound transmission.
I'm actually no longer at Centrum, so I don't speak for the company or project anymore. I'm at a private equity shop now. So, my comments going forward are NOT on behalf of Centrum.

The theater is steel b/ of the long spans - 60' in some cases. Concrete can not economically make those types of spans. Sound transmission is not an issue from the theater out, the issue is from the retailers up. Our tenant design criteria addressed that, so it really is a non-issue.
Centrum no está en línea   Reply With Quote

Sponsored Links
Old July 13th, 2008, 07:29 PM   #342
Centrum
Registered User
 
Join Date: Dec 2006
Posts: 44
Likes (Received): 0

Quote:
Originally Posted by Mr Downtown View Post
I notice that Roosevelt Collection's retail floors are cantilevered out toward the tracks about three feet further than the parking levels. I suppose it's possible that Metra agreed to accept a narrow maintenance easement extending beyond the tracks up to +25 feet only, but that's very unlike Metra.

Originally, Metra's interest was a "relocatable easement," which raised hopes that the tracks could be moved to allow easier development both here and on the Riverside Park tract. But the Riverside Park PD and the 2003 LaSalle Park amendments changed that, giving Metra ownership of the current track ROW.

Anyway, these three tracks are small potatoes for development. I'd love to see something over the Amtrak/Metra yards between the river and Canal. An Olympic stadium, for example.
Metra has a 10' easement west of the retaining wall the entire length of the property - can't build in that area. for firetruck assess we needed to provide 16' clear from the retaining wall. So, we had 16' clear (horizontal) and 14' clear (vertical). After the 14' vertical dimension we cantilevered the building back 6' to the edge of the 10' easement.
Centrum no está en línea   Reply With Quote
Old July 14th, 2008, 08:54 PM   #343
Reinsdorf Sucks
Seven Costanza
 
Reinsdorf Sucks's Avatar
 
Join Date: Mar 2006
Location: Chicago
Posts: 352
Likes (Received): 4

flickr.com - patrickherek

July 6
image hosted on flickr


image hosted on flickr
Reinsdorf Sucks no está en línea   Reply With Quote
Old January 5th, 2009, 03:06 AM   #344
stevevance
Steven Vance
 
Join Date: Jul 2007
Location: Chicago
Posts: 99
Likes (Received): 6

Quote:
Originally Posted by Mr Downtown View Post
I notice that Roosevelt Collection's retail floors are cantilevered out toward the tracks about three feet further than the parking levels. I suppose it's possible that Metra agreed to accept a narrow maintenance easement extending beyond the tracks up to +25 feet only, but that's very unlike Metra.
I agree.

Any concession is very "unlike Metra."
stevevance no está en línea   Reply With Quote
Old April 3rd, 2009, 01:46 AM   #345
spyguy
Expert
 
spyguy's Avatar
 
Join Date: Apr 2005
Location: Chicago
Posts: 6,916
Likes (Received): 97


drdave88/ flickr

drdave88/ flickr

drdave88/ flickr
spyguy no está en línea   Reply With Quote
Old April 3rd, 2009, 04:19 AM   #346
CHIsentinel
padisha emperor
 
Join Date: Feb 2006
Location: CHICAGO
Posts: 393
Likes (Received): 319

Looking good! THanks spyguy!
CHIsentinel no está en línea   Reply With Quote
Old May 13th, 2009, 05:17 PM   #347
i_am_hydrogen
muted
 
Join Date: Dec 2004
Location: Chicago
Posts: 7,080
Likes (Received): 203

Excellent update by harry:

Quote:
Originally Posted by harryc View Post
A Rainy end to the 1st of May.

Full Drabness

Love these details (4 varieties ?) on the bridge.


Shooting into the rain


Impressive entryway.
__________________
flickrgallery
i_am_hydrogen no está en línea   Reply With Quote
Old May 14th, 2009, 04:32 AM   #348
ChicagoismynewBlog
Registered User
 
Join Date: Apr 2009
Location: Chicago
Posts: 82
Likes (Received): 0

Roosevelt Collection

I love the red facade around the movie theatre. I even think it would look great on the facade of a high rise used as an accent. I'm excited to see all of those planters filled up with plantings too. Basically excited to have the whole project open and having people and stores moved in.

ChicagoismynewBlog no está en línea   Reply With Quote
Old June 4th, 2009, 02:20 AM   #349
undergroundhousecom
Registered User
 
Join Date: Apr 2009
Location: Chicago
Posts: 23
Likes (Received): 0

June 3, 2009

Roosevelt Collection as seen from the Chicago River & 18th Street.

undergroundhousecom no está en línea   Reply With Quote
Old July 2nd, 2009, 10:49 PM   #350
Mr Downtown
Urbane observer
 
Mr Downtown's Avatar
 
Join Date: Aug 2006
Location: Chicago
Posts: 1,547
Likes (Received): 10

From Crain's Chicago Business Chicago Real Estate Daily

Chicago restaurateur Jerry Kleiner will run an upscale bar at the 16-screen Kerasotes movie theater that’s set to open later this year in the South Loop.
****
The roughly 4,700-square-foot mezzanine level bar will have room for about 160 patrons. The mezzanine level also will provide access to premium seating areas in two theaters, where there will be 150 reserved seats in an upper level of the two theaters featuring plush seating and table service.
****
Kerasotes will be the first tenant to open at Roosevelt Collection, where more than 300,000 square feet of additional retail space has had its opening pushed back a year to fall 2010 due to the recession and struggling retail industry.
Mr Downtown no está en línea   Reply With Quote
Old August 7th, 2009, 08:43 PM   #351
TheCondoist
Registered User
 
Join Date: Aug 2009
Location: Chicago
Posts: 3
Likes (Received): 0

Roosevelt Collection Changes from Condos to Rentals

ITS OFFICIAL! Roosevelt Collection Changes from Condos to Rentals

http://thecondoist.wordpress.com/200...7/breakingnew/

What does everyone think?
TheCondoist no está en línea   Reply With Quote
Old August 7th, 2009, 08:52 PM   #352
ChicagoismynewBlog
Registered User
 
Join Date: Apr 2009
Location: Chicago
Posts: 82
Likes (Received): 0

It will be good to get these rented and I'm going to be optimistic and say they will rent out fairly well. Better than only being half occupied I suppose. Plus...many rental buildings that are currently under construction will convert into condos in the future so I would bet the same would happen here.

ChicagoismynewBlog no está en línea   Reply With Quote
Old August 7th, 2009, 11:46 PM   #353
spyguy
Expert
 
spyguy's Avatar
 
Join Date: Apr 2005
Location: Chicago
Posts: 6,916
Likes (Received): 97

http://www.chicagorealestatedaily.co...ws.pl?id=35067

South Loop condo project switches to apartments
By Alby Gallun, Aug. 07, 2009


...The residential units are part of a larger project that will include a 300,000-square-foot shopping center. Anchored by a 16-screen Kerasotes Showplace movie theater and a David Barton gym, the retail space is about 50% leased, Mr. Barket says. The developer is in “serious negotiations” with tenants for another 40% of the space, he says, declining to identify the retailers.
spyguy no está en línea   Reply With Quote
Old December 6th, 2009, 06:32 AM   #354
Mr Downtown
Urbane observer
 
Mr Downtown's Avatar
 
Join Date: Aug 2006
Location: Chicago
Posts: 1,547
Likes (Received): 10

A design apparently assembled from spare parts left over from other developments:

[IMG]http://i47.************/zus87d.jpg[/IMG]

The neoclassical precast on the corner is especially baffling:

[IMG]http://i48.************/f36zhl.jpg[/IMG]
Mr Downtown no está en línea   Reply With Quote
Old December 6th, 2009, 07:16 AM   #355
The Urban Politician
The City
 
Join Date: Jul 2004
Posts: 5,935
Likes (Received): 21

^ Thanks for the pics, Mr. D.

You act as if you're surprised. Haven't you been looking at renderings of this thing for the past 2 years? How else was it supposed to turn out?
The Urban Politician no está en línea   Reply With Quote
Old December 22nd, 2010, 06:32 PM   #356
spyguy
Expert
 
spyguy's Avatar
 
Join Date: Apr 2005
Location: Chicago
Posts: 6,916
Likes (Received): 97

http://www.chicagorealestatedaily.co...#axzz18rJDd9Rt

Big loss likely as Roosevelt Collection goes on the block
By: Alby Gallun December 22, 2010


Centrum Properties has put a $350-million mixed-use project in the South Loop up for sale, a move that will likely wipe out the developer’s entire investment and potentially result in tens of millions of dollars in losses for its lenders.

...The offering also includes a 1,482-space parking garage and the development rights for two residential towers on the site totaling 658 units, according to an HFF marketing brochure. A buyer may buy the whole project or individual parts.
spyguy no está en línea   Reply With Quote
Old February 2nd, 2011, 12:53 AM   #357
spyguy
Expert
 
spyguy's Avatar
 
Join Date: Apr 2005
Location: Chicago
Posts: 6,916
Likes (Received): 97

I came across these nice aerials and thought I'd share them:




Hirsch Associates/ Facebook

So what are the chances they actually build the 40 story tower and move to phase II?
spyguy no está en línea   Reply With Quote
Old February 3rd, 2011, 05:57 AM   #358
untitledreality
Registered User
 
Join Date: Dec 2009
Location: Chicago
Posts: 229
Likes (Received): 1

Quote:
Originally Posted by spyguy View Post
So what are the chances they actually build the 40 story tower and move to phase II?
Somewhere between zero and nil.
untitledreality no está en línea   Reply With Quote
Old March 20th, 2011, 06:55 PM   #359
spyguy
Expert
 
spyguy's Avatar
 
Join Date: Apr 2005
Location: Chicago
Posts: 6,916
Likes (Received): 97

http://www.chicagobusiness.com/artic...t-road-project

Chicago's McCaffery scores a bargain on troubled Roosevelt Road project
By: Alby Gallun March 21, 2011


A joint venture including developer Dan McCaffery is buying one of Chicago's biggest boom-era real estate projects to go bust: Roosevelt Collection, a South Loop retail-and-apartment complex that is expected to sell for about half the $350 million it cost to build.

People familiar with the transaction say Mr. McCaffery and Los Angeles-based investment firm Canyon Capital Realty Advisors LLC have agreed to buy the project at Wells Street and Roosevelt Road from Centrum Properties Inc., a Chicago-based developer that broke ground in 2007, just as the real estate market was peaking.
spyguy no está en línea   Reply With Quote
Old March 27th, 2011, 04:21 AM   #360
ardecila
Jack-Of-All-Trades
 
ardecila's Avatar
 
Join Date: Jul 2005
Location: New Orleans/Chicago
Posts: 1,391
Likes (Received): 2

I wonder if the sale includes the Phase II property? I would actually expect that to start before the high-rise in Roosevelt Collection, due to its better location and short walk to Printers' Row.
ardecila no está en línea   Reply With Quote


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 10:28 AM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu