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Whiskey Tango Foxtrot
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55,632 Posts
Discussion Starter #1 (Edited)


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Preliminary Drawing for New Block 37 Tower Revealed

Back in March, reports indicated that after years of financial troubles and delays, an apartment and hotel tower for the downtown Block 37 shopping mall development would finally be moving forward. Just a couple of weeks after the initial announcement, architecture outfit Solomon Cordwell Buenz (SCB) was tapped to design the new tower. Fast forward a few months, and a drawing of the new tower has been spotted on the SkyscraperPage forums that reveals a 38 story tower that appears to match the aesthetic of the existing 275,000 square foot Block 37 retail structure.
 

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Whiskey Tango Foxtrot
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55,632 Posts
Discussion Starter #3
Block 37 to get Loop's biggest apartment tower in decades


SCB

The owner of the Block 37 shopping mall downtown is gearing up to start construction on the biggest apartment tower the Loop has seen in decades, betting the white-hot rental market downtown has room to run.

CIM Group, the Los Angeles-based real estate firm that bought Block 37 two years ago, announced today it has secured initial permits to launch a 34-story, 690-unit apartment tower on top of the four-story mall across the street from the Macy's department store on State Street.

The statement confirms a Crain's report from March that CIM was preparing to launch a rental tower at Block 37, long considered one of downtown's most snake-bitten properties.

Designed by Chicago architecture firm Solomon Cordwell Buenz & Associates Inc., the tower will be the largest apartment building by unit count the central business district has seen in years and the biggest rental structure in the broader downtown market since developer Steve Fifield completed the 848-unit Alta at K Station in 2010.

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Whiskey Tango Foxtrot
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55,632 Posts
Discussion Starter #4
44,000 Square Foot Dine-In Movie Theater Coming to Block 37

In addition to the 694 apartment units that are coming soon to Block 37, the downtown shopping center will also soon be receiving an 11-screen cinema as well. AMC has signed up to open the large 44,000 square foot cinema on the fourth floor of Block 37, which could help bring more people and their dollars to the upper levels of the underutilized shopping mall.

According to reports from the Tribune and Crain's, the new theater is expected to be open in early 2016.
 

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Whiskey Tango Foxtrot
Joined
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55,632 Posts
Discussion Starter #5
Construction of Block 37 Apartment Tower Officially Underway



Yesterday, reps from developer CIM Group along with Alderman Brendan Reilly and Mayor Rahm Emanuel officially "broke ground" on Block 37's new apartment tower, which will fit right on top of the existing five story shopping center. By sheer numbers, the 34 story tower will become the largest apartment project in the Loop in decades when it delivers the 690 apartment units planned for the site. The very first signs of construction appeared a couple of weeks ago when some equipment and a lone piece of steel frame appeared on Block 37's roof. However, it is very clear at this point that something is coming up as the project's construction moves into full gear.


 
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