Status Update: A Crane in its Place
Sep02

Status Update: A Crane in its Place

A new crane has gone up on the tiny block-and-a-half-long street known as East Wacker Place, and until just a few years ago known as East South Water Street. For those of you abnormally into cranes (you know who you are), it’s a Palfinger PSM 200-8.  The tower is Linden Comansa. Loop Spy Ryan sent in this photo of the crane rising at number 66, where GDS Companies is putting up a 26-atorty Hilton Garden Inn.  This will be a...

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Status Update: Hyatt Place in its Place
Aug28

Status Update: Hyatt Place in its Place

The new Hyatt Place hotel at 28 North Franklin Street is about half-way to its intended height of 18 stories.  It’s just the latest in a flurry of new hotels being built, or that have recently opened, in downtown Chicago.  Developers are taking advantage of Chicago’s notoriously high room rates, and the fact that there are virtually no low end options, or even “poor location” alternatives in the market. OTO...

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Status Update: Wrigley Growing Larger
Aug27

Status Update: Wrigley Growing Larger

The venerable ivy-festooned baseball park known as Wrigley Field is getting bigger.  You’ll remember that as part of the latest renovation plan, the Cubs are buying some city rights-of-way, since the stadium at 1060 West Addison Street has pretty much maxed out the block it sits on. Here’s the update from the ball club: Portions of Waveland and Sheffield avenues will be closed as part of a land transfer from the City of...

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Status Update: What’s New at New City
Aug27

Status Update: What’s New at New City

The latest retail development in Chicago’s hot hot hot Clybourn Corridor district is taking shape. New City is a $260 million project from Structured Development and Bucksbaum Retail Properties at 1515 North Halsted Street in Chicago’s Goose Island neighborhood.  When complete, it will have 360,000 square feet of retail space, a 19-story residential tower, and 40,000 square feet of office space when it opens in the Autumn...

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Status Update: Monitoring Mansueto’s Modern Morningstar Mansion
Aug26

Status Update: Monitoring Mansueto’s Modern Morningstar Mansion

There are dozens, maybe hundreds of web sites that ask questions like, “What can you get in Wrigleyville for $500K” or “Here’s what $1 million buys you in the Gold Coast.”  But you never hear, “What does $22 million build you these days?”  That question is being answered in Lincoln Park. The last time we checked in on local billionaire Joe Mansueto’s new mansion at 428 West Saint James...

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Status Update: JeffJack Hammering Away
Aug26

Status Update: JeffJack Hammering Away

The West Loop’s newest modestly-sized apartment building is approaching its maximum height.  JeffJack (601 West Jackson Boulevard) will reach 15 stories into the sky from the corner of, you guessed it, Jefferson Street and Jackson Boulevard.  Even though there’s still plenty of work to be done up top, the glazing is half way up the building, which will contain 190 residences.  The developers, JeffJack Investments, are...

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Status Update: Stadia Arkadia
Aug25

Status Update: Stadia Arkadia

Everybody loves SkyBridge, the pioneering slightly deconstructionist residential tower recently featured in an episode of HGTV’s House Hunters program.  If Greektown didn’t have so many Greek icons, SkyBridge would be the symbol of the neighborhood.  But now SkyBridge isn’t the only tower on the block. Arkadia topped out a couple of weeks ago, and it has one heck of a commanding presence along the Kennedy Expressway....

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Here Comes 151 North Franklin
Aug22

Here Comes 151 North Franklin

John Buck Company’s new office tower at 151 North Franklin Street is about to become reality. The Walgreen’s store that currently occupies the lot at the corner of West Randolph Street and North Franklin closes for good at 5:00pm today.  Employees confirm it is being torn down to make way for the new skyscraper. Loop Spy Dan went by there yesterday and talked to some construction-looking workers who also confirmed that...

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Status Update: The Location of 805 North LaSalle
Aug22

Status Update: The Location of 805 North LaSalle

Have you noticed the signs around the construction site at 805 North LaSalle Street?  They’re not so much signs as giant ransom notes spelling out “Location” like a 1980′s art director who’s just fired up MacWrite for the first time. San Francisco font aside, what developer Smithfield Properties is trying to accomplish here is a great idea.  It calls the concept “affordable luxury.”  We call...

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Status Update: Buildings Old and New
Aug21

Status Update: Buildings Old and New

If you want to see Chicago’s landmarks adoption program at work, head over to the new residential skyscraper going up at 212 West Illinois Street. There you’ll see the familiar sight of rows of mathematically correct balconies hanging from a concrete frame atop a parking podium.  Then look next door and see an old Chicago Fire Station from 1887. Right now it’s boarded up, but the developer, Illinois Franklin...

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