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Old March 20th, 2009, 11:57 PM   #1921
Belacqua
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There's new fencing up in the NE corner of the riverfront/Harrison/Wells land, dividing off the couple of acres that the Irish bought from the rest of it. It's open in several paces, so dogs can still move in and out freely. Dunno if it's just to divide one area of empty trespass liability from another or to suggest that something's actually going to happen there soon.
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Old March 23rd, 2009, 09:29 PM   #1922
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Quote:
Originally Posted by Belacqua View Post
There's new fencing up in the NE corner of the riverfront/Harrison/Wells land, dividing off the couple of acres that the Irish bought from the rest of it. It's open in several paces, so dogs can still move in and out freely. Dunno if it's just to divide one area of empty trespass liability from another or to suggest that something's actually going to happen there soon.
Interesting development....hope it is the latter!
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Old March 30th, 2009, 08:14 PM   #1923
Mr Downtown
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Just got this Friday in a newsletter from Ald. Fioretti:

LaSalle-Congress Intermodal Transfer Center

I am very happy to present this project to 2nd Ward residents and businesspeople. The City of Chicago intends this project to make it easier to get from the La Salle Street Metra station to nearby CTA buses. The new connection will feature two new dedicated CTA bus lanes on Financial Place.

There will also be a small plaza at the location and bus shelters for passengers.

The city will use federal and local funds to pay for the project totaling $6 million. Construction for the project is set to begin in late August.



[img]http://i40.************/24griht.jpg[/img]
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Old March 31st, 2009, 04:38 PM   #1924
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Does this replace the entire surface lot south of Congress?
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Old April 1st, 2009, 06:51 PM   #1925
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Chieftain Group backs out of Franklin Point project

http://www.chicagorealestatedaily.co...=33522&print=1

Chieftain Group recently terminated a contract to buy the development site at the southwest corner of Harrison and Wells streets, says David Crawford, principal at D2 Realty Services Inc., the Chicago-based developer that owns the two-acre property. Limerick, Ireland-based Chieftain last spring agreed to pay nearly $20 million for the parcel, part of an undeveloped eight-acre tract known as Franklin Point.
***

While D2 plans to put its two-acre parcel back up for sale, the owner of the other six acres, Skokie-based developer Russland Capital Group, is content to do nothing for the time being.
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Old April 1st, 2009, 08:06 PM   #1926
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Thank god...this site deserves more than 2 squat 25 story towers.
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Old April 1st, 2009, 11:58 PM   #1927
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http://www.suntimes.com/business/roe...eder01.article

Old Colony Building may become dorms
April 1, 2009
DAVID ROEDER


...Lora Norr, property manager for Joseph Cacciatore & Co., said the scaffolding has been in place for six years. Now that a Cacciatore-run partnership has taken over the building, she said the plan is to complete aspects of facade repairs by autumn so that the scaffolding can come down. It may take a bit longer for custom-made replacements to arrive, she said.

Norr said the Cacciatore group would like to begin a student housing conversion in about 18 months. It hasn't been decided, she said, if all or part of the building will be converted. She declined to say if rooms will be committed to any single downtown school.
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Old April 3rd, 2009, 03:07 AM   #1928
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Quote:
Originally Posted by robituss View Post
Isnt one of these properties (the west one) recently landmarked? I thought they wanted to knock it down and build another hotel. So anyone know whats going to happen now?
What a mess... these folks have been running a shell game for some time. I hear they owe everyone and nothing they do is above board. It would seem that it would take close to 50M to drag this fiasco out for another 12 months with no end game to take anything close to that out.
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Old May 5th, 2009, 11:13 PM   #1929
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Quote:
Originally Posted by ErmDiego View Post
Not sure if this is the same group looking at Motor Row, next door do or across the street from the Hilton/Hilton Garden Hotel loft renovation at 2300 S Indiana Ave. Heard a wine bar is in the works for this area.
From the May 2009 Landmarks Commission:
Quote:

2300 S. Indiana (Motor Row District)

Applicant: Rohit Patel, Sacchi Construction, Inc. - owners
Barkat Virani, architect
Proposal: Proposed exterior rehabilitation as part of the conversion of a 6-story warehouse building into a
150-room hotel with a ground-floor restaurant


Staff recommendation: Staff recommends that the Committee find that the project, with the following
conditions, will not have an adverse effect on the significant historical and
architectural features of the landmark district and approve the project, subject to
these conditions and Landmarks staff review and approval:

1. As proposed, the new windows will be aluminum with single-pane glazing to
match the historic steel-sash configuration and profiles. The proposed window
details shall be revised to accurately show the proposed window material and
profiles;

2. Should any brick replacement be required as part of the masonry restoration
work, all replacement areas are to be reviewed and approved by Landmarks
staff. Any new brick and mortar shall match the existing in size, color, finish,
profile, and texture; and,

3. The halo-lit sign section detail for the refacing of the existing vertical sign along Indiana shall be revised to show an opaque painted metal face, not a plexiglass face (the section detail on Sheet 7 should match the section detail on Sheet 2). The proposed halo-lit “Bennigan’s” sign shall be mounted to a horizontal raceway bar to be mounted to the horizontal concrete band with only 2 attachments. The raceway should be painted out to match the color of the horizontal band, and any conduit and related electrical elements shall be concealed as much as possible. Sign fixture attachment details shall be submitted as part of the sign permit application. Any exterior lighting fixtures shall be reviewed
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Old May 6th, 2009, 12:06 AM   #1930
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^ I thought Bennigans went out of business. Hmmm, suburbs in the south loop/near south. Its been happening anyway. Oh well, more hotels and restaurants in the area cant be a bad thing though.
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Old May 6th, 2009, 03:22 AM   #1931
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Wow, I'm noticing more and more Indian developers in Chicago
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Old May 6th, 2009, 05:43 AM   #1932
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Quote:
Originally Posted by robituss View Post
^ I thought Bennigans went out of business. Hmmm, suburbs in the south loop/near south. Its been happening anyway. Oh well, more hotels and restaurants in the area cant be a bad thing though.
Agree completely. Especially when buildings can be saved.
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Old May 6th, 2009, 07:29 AM   #1933
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This is actually a conversion of an Albert Kahn building, originally built for Cadillac, at 23rd/Indiana. It's been planned for about three years now, and I assumed it was dead. Along the south side, which adjoins another building, they have to do some strange things with pulling the rooms in somewhat and giving them frosted glass "windows" that are inset from the real wall.

As for Bennigan's, I think local franchisees have secured permission to use the name. The one at Adams/Michigan has reopened.
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Old May 6th, 2009, 07:48 PM   #1934
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Quote:
Originally Posted by The Urban Politician View Post
Wow, I'm noticing more and more Indian developers in Chicago
South Asians have been very active in the hotel field for years now, particularly at the lower end but more recently in mid- and upper-end properties.

Edit: shoulda said "nationally."
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Last edited by paytonc; May 7th, 2009 at 07:21 AM.
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Old May 7th, 2009, 12:37 AM   #1935
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Quote:
Originally Posted by paytonc View Post
South Asians have been very active in the hotel field for years now, particularly at the lower end but more recently in mid- and upper-end properties.
South Asians in general have become more prevalent in Chicago over the past decade or so, part of the "third wave" of immigration bringing alot more high-skilled foreign investment/workers to the area.

And yet... still.... the quality of the Indian food lags...
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Old May 7th, 2009, 01:59 AM   #1936
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Originally Posted by simulcra View Post
And yet... still.... the quality of the Indian food lags...
^ You are certainly going to the wrong places
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Old May 7th, 2009, 05:54 PM   #1937
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Quote:
Originally Posted by Belacqua View Post
There's new fencing up in the NE corner of the riverfront/Harrison/Wells land, dividing off the couple of acres that the Irish bought from the rest of it. It's open in several paces, so dogs can still move in and out freely. Dunno if it's just to divide one area of empty trespass liability from another or to suggest that something's actually going to happen there soon.
The fencing disappeared as mysteriously as it appeared. It was there as late as mid-evening one day and gone the next morning. I'm guessing aliens??

None of the dog people I've talked to know the real story, but a good guess would be that they didn't have a permit and ran afoul of the alderman. (The people who live along Wells watch like hawks for things like this.)
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Old May 8th, 2009, 01:02 AM   #1938
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http://www.chicagojournal.com/News/I..._lurch_forward

South Loop parks lurch forward
05/06/2009 10:00 PM

By Micah Maidenberg


Printers Row Park


A new park covering the space between the Rowe and Transportation buildings in Printers Row, an area in the middle of the block on Dearborn between Harrison and Polk, was originally slated for completion for the end of 2008. But the Chicago Park District had difficultly hiring a contractor to complete the work.

...Betty Finkbeiner, who lives in the Transportation Building, just north of the new park, likes with the idea of a park covering the parcels, particularly since the area’s homeless population has diminished with Pacific Garden Mission’s move to Canal Street.

Eventually, a park near 16th and Wabash

According the 2007 Near South Tax Increment Financing District annual report, the city has purchased 1611-29 S. Wabash, parcels which are listed on the park district’s 2009-2013 capital plan for eventual development into park acres.
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Old May 15th, 2009, 09:30 PM   #1939
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May Plan Commission

A proposed Residential Planned Development Application and Lake
Michigan and Chicago Lakefront Protection Application No. 558 submitted
by Buckingham/Wabash, LLC for the property generally located at 51-67
East Van Buren
and 401-419 South Wabash Avenue. The applicant
proposes to construct a thirty seven-story building with 621 student dorm
room containing 1221 beds. The ground floor will consists of 4,900 square
feet and two floors of common space for the students. The existing twenty
seven-story residential building with 4,700 square feet of retail space will
remain. (2nd Ward)

A proposed Institutional Planned Development Application and Lake
Michigan and Chicago Lakefront Protection Application No. 565 submitted
by Roosevelt University for the property generally located at 421-425
South Wabash Avenue
, 501-519 South Wabash Avenue, 51-59 East
Congress Parkway, 431-445 South Wabash Avenue, 50-84 East
Congress Parkway and 430-38 South Michigan Avenue. The Applicant
proposed to construct a new 32-story University building containing
Science and Business School classrooms, student services, faculty and
administrative offices, and 169 student housing rooms with 619 beds. The
site is currently zoned DX-16 and DX-12 Downtown Mixed-Use District.
The Applicant proposed to rezone the entire site to DX-16 Downtown
Mixed-Use District prior to establishing the Planned Development. A
portion of the site includes the Auditorium Building, a designated Chicago
Landmark also within the Historic Michigan Boulevard District; no changes
to the building are proposed as part of the planned development. The Fine
Arts Annex Building, identified as potentially historically significant in the
Chicago Historic Resources Survey, is also within the planned
development boundaries. The facade of the Annex is proposed to remain
and be rehabilitated as part of the planned development.
(2nd Ward)
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Old May 16th, 2009, 02:15 AM   #1940
PrintersRowBoiler
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Quote:
Originally Posted by spyguy View Post
http://www.chicagojournal.com/News/I..._lurch_forward

South Loop parks lurch forward
05/06/2009 10:00 PM

By Micah Maidenberg


Printers Row Park


A new park covering the space between the Rowe and Transportation buildings in Printers Row, an area in the middle of the block on Dearborn between Harrison and Polk, was originally slated for completion for the end of 2008. But the Chicago Park District had difficultly hiring a contractor to complete the work.

...Betty Finkbeiner, who lives in the Transportation Building, just north of the new park, likes with the idea of a park covering the parcels, particularly since the area’s homeless population has diminished with Pacific Garden Mission’s move to Canal Street.

Eventually, a park near 16th and Wabash

According the 2007 Near South Tax Increment Financing District annual report, the city has purchased 1611-29 S. Wabash, parcels which are listed on the park district’s 2009-2013 capital plan for eventual development into park acres.

That part about Printers Row Park is poor writing. It tells you nothing about whether or not this park was even to be built. Nor does it provide any details of the park improvements. It was supposed to go in I think 2 years ago and every few months we hear new excuses. Last year, they didnt turn the fountain on until late summer because they were supposed to do the park last year. They havent done any improvements to the fountain area and a big sign has been up for years announcing the new park. It would be a huge dissappointment if this does not happen this year.

It also doesn't note that many of the park features have been "value-engineered" out of the design to pare costs. Although it will be an improvement over the existing condition, it should be a big dissappointment to what the community planned years ago.
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