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Old November 3rd, 2007, 10:17 PM   #161
spyguy
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The answer to your questions?

http://chicagobusiness.com/cgi-bin/m...ticle_id=28726

The condo king
Developer Colin Kihnke breaks ground on Loop high-rise project, luring buyers with bargain-basement prices and bucking local real estate swoon

By Alby Gallun


Mr. Kihnke's company, CMK Development Corp., broke ground last month on a 714-unit high-rise at 235 W. Van Buren St., the largest downtown condo project since the mid-1970s. Despite a slumping real estate market, Mr. Kihnke, in a period of about six months, lined up buyers for 365 of the units, thanks in part to a price model that has undercut competing high-rises and has rivals wondering how he makes money.
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Old November 8th, 2007, 12:21 AM   #162
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This one should definitely be listed as U/C - they have been driving piles for at least the past few days...
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Old December 21st, 2007, 02:33 AM   #163
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Any new information of 235 Van Buren?
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Old December 21st, 2007, 04:56 AM   #164
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Quote:
Originally Posted by Mokeman View Post
Any new information of 235 Van Buren?
This one has been U/C for awhile (SSP has it listed as U/C). I think that they have driven all the piles, and it looks like they have been doing some excavating for the past week or two.
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Old January 29th, 2008, 08:37 PM   #165
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Update from harryc (posted at SSP):

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Originally Posted by harryc View Post
From above Full Set


Piles being dug out



Digger outer thing - like a long thin shovel that scrapes the soil from around the piles so it can be scooped out.





The piles are then trimmed down



Rebar collar ?



In the cage ( notice how tall the forms are - a thick pad )





One set that is done

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Old February 6th, 2008, 06:19 PM   #166
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UGH! i dont want to wait till 2009...i want it to be ready by summer 08!!!
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Old February 13th, 2008, 05:42 PM   #167
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235

Stopped by the Sales Center a couple of days ago, deliveries for lower and higher floors should begin in June 2009, and they'll work their way into the mid section of the building. Should be done by October 2009.
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Old April 1st, 2008, 06:03 PM   #168
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any latest on construction? I no longer work downtown so cant see the progress. can someone be so kind as to inform me what the heck is going on?
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Old April 1st, 2008, 09:50 PM   #169
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The core is starting to rise a little, but progress has been quite slow. There really hasn't been all that much progress since the last photo update, but at least it's not stalled or anything.
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Old April 2nd, 2008, 05:34 AM   #170
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I walked by the site on Sunday. There were walls built near the eastern property line and the core is up to the 2nd floor if my memory serves me correctly.
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Old April 22nd, 2008, 05:54 PM   #171
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Update by harryc from SSP:

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Originally Posted by harryc View Post
Overview


complete series - higher res

Hanging on




The mat on top of the pilings
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Old June 15th, 2008, 05:17 AM   #172
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Taken today:
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Old July 14th, 2008, 02:26 AM   #173
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flickr.com - patrickherek

July 7
image hosted on flickr


image hosted on flickr


image hosted on flickr
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Old July 21st, 2008, 07:33 AM   #174
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235 W. Van Buren construction progress

Per Mr. Kihnke, construction progress is now at the planned 1 floor/wk pace.
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Old July 29th, 2008, 10:41 PM   #175
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Can someone keep posting weekly/biweekly pic updates? Thanks to Reinsdorfsux and hydrogen for the pics! Im working in vernon "hells", IL and would love these updates since im not any where near the loop right now
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Old July 29th, 2008, 10:49 PM   #176
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From SSP.com:

Quote:
Originally Posted by SolarWind View Post
July 23, 2008

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Old July 30th, 2008, 05:36 AM   #177
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I'm ambivalent about the base and from the renderings, it looks like they won't be trying to disguise the parking ramp. Maybe that's better than a half-ass attempt at covering the ramp.
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Old August 19th, 2008, 04:59 AM   #178
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I believe I counted that they were on the 9th floor. Currently, they are placing the 14th. Can someone post updated pics? It would be greatly appreciated.

Thanks.
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Old September 6th, 2008, 09:31 AM   #179
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bought a unit

i bought a unit. should i be scared about the economy? i need to find a renter. i could look for a job in chi town so i could get a better loan. but then, i would have to drive 30 miles to work each day. what should i do? how is traffic from the loop going north? how is the economy near this condo? can i get a renter?
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Old September 6th, 2008, 09:13 PM   #180
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Quote:
Originally Posted by jcmty View Post
i bought a unit. should i be scared about the economy? i need to find a renter. i could look for a job in chi town so i could get a better loan. but then, i would have to drive 30 miles to work each day. what should i do? how is traffic from the loop going north? how is the economy near this condo? can i get a renter?
Dude, no offense, but that's the kind of stuff you should be thinking before you buy a unit. You can get a renter in any economy, if you charge a reasonable amount for rent - people always need a place to live. Plan to put down at least 15-20% downpayment on a investment NonOwnerOccupied condo. But if you have that kind of money for an investment property, you should not worry about finding a renter...right?
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