Gasp-Worthy Proposal Unveiled for Chicago’s Second-Tallest Skyscraper
Apr16

Gasp-Worthy Proposal Unveiled for Chicago’s Second-Tallest Skyscraper

As the kids say these days: “Oh. My. God.” That was the reaction — positive and negative — to the proposed new skyscraper unveiled tonight at a public meeting at the Sheraton Grand Chicago. Development duo CIM Group and Golub & Co. pulled the sheet off of a stunning new skyscraper proposal that, at 1,422 feet, would be the second-tallest building in Chicago.  It’s planned for the surface parking lot behind the...

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We’ll Soon See Michigan Avenue’s Huge New Skyscraper
Apr09

We’ll Soon See Michigan Avenue’s Huge New Skyscraper

Remember a few months ago when Alderman Reilly knocked over a pot of beans about the new skyscraper coming to Michigan Avenue?  Back then, all we knew was that the planned building could be as much as 1,388 feet tall, making it the third-tallest in Chicago.  And at the time, we put together a graphic illustrating what a skyscraper that tall might look like rising out of the Tribune Tower’s parking lot: We also predicted that the...

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Old Buildings On The Way Out in Old Town
Feb26

Old Buildings On The Way Out in Old Town

Last week we told you that sales are now underway at Fifteen Fifty on the Park (1550 North Clark Street), the vintage-inspired building that will cap Clark Street in Old Town.  Just days later, the city issued demolition permits for the buildings that are in the way. What’s going away is an unremarkable one-story diner, and an even less interesting two-story retail building.  But it’s the first sign that dirt is getting...

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Sales Start at Vintage-Looking New Building in Old Town
Feb19

Sales Start at Vintage-Looking New Building in Old Town

The building that will save the Village Theater while killing a neighborhood diner is looking for residents. Fifteen Fifty on the Park will occupy the southwest corner of North Avenue and Clark Street in Old Town. The building, designed by the Gold Coast’s SCB, features a classic look to blend in with the other buildings fronting this portion of Lincoln Park.  In some ways, it is reminiscent of 15 East Oak, the Barneys New York...

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With a New Owner, Proposed North & Clark High Rise Being Revised by SCB
May04

With a New Owner, Proposed North & Clark High Rise Being Revised by SCB

The southwest corner of North Clark Street and West North Avenue is one of those places in Chicago with so much potential, and so little accomplished.  But that is expected to change in the near future. Los Angeles-based CIM Group, Chicago’s Golub and Company, and Avoda Group have bought the project, most recently the site of a diner, to build a high-rise luxury residential tower currently known as 1550 North Clark. You may...

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Big Names, High Hopes for Chicago Union Station Redevelopment
Sep14

Big Names, High Hopes for Chicago Union Station Redevelopment

The redevelopment of Chicago Union Station and the surrounding properties continues to creep along like a  Hiawatha Service train a stuck behind yet another Canadian National freight mess. The latest bit of news is that Amtrak has narrowed down the list of developers (well, developer groups) to just four.  Not surprisingly, the developers are mostly deep-pocketed heavy hitters.  But we’re additionally pleased by the high caliber...

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Another South Loop Residential Tower Opens For Business
Sep07

Another South Loop Residential Tower Opens For Business

A few days ago, CIM Group, based in Los Angeles, made headlines around the world when it splashed out $240 million to buy Chicago’s storied Tribune Tower. In all the noise about the Streeterville purchase, another CIM announcement got lost in the hullabaloo. Specifically, that the new residential tower at 1001 South State Street is now open for business. It was co-developed by CIM Group of Chicago’s Golub & Company,...

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It’s a New Skyscraper’s Moment to Shine
Aug24

It’s a New Skyscraper’s Moment to Shine

It seems like just yesterday we were getting e-mail complaints from people who could no longer park in the surface lot at the corner of Grand and McClurg in Streeterville because it was suddenly (to them) roped off.  Yesterday at 545 North McClurg Court, Moment, the 45-story residential tower that replaced the surface parking lot opened for business. Moment is Golub’s latest residential tower in downtown Chicago, designed by...

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Neighbor News: Oak Park’s Newest Skyscraper Now Open
Aug10

Neighbor News: Oak Park’s Newest Skyscraper Now Open

Promising the best of city life, without having to leave the suburbs, Vantage Oak Park is now open in the western suburb. The 21-story residential tower — designed by Gensler for Golub, Wood Partners and the village — is on Lake Street, Oak Park’s main drag, at Forest Avenue and features 270 residences above 588 parking spaces and 25,000 square feet of retail. If that seems like a lot of parking, you’re right. But only 288 are for the...

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Another Big Moment Reached as Moment Tops Out, Ditches Crane
Apr14

Another Big Moment Reached as Moment Tops Out, Ditches Crane

Construction is far from over at the combined developments of Moment and Sienna Flats in Streeterville, but with the tower crane having been lowered and sent on to its next assignment, it’s easier to count down the days to completion than to count up the days from groundbreaking. Moment, the residential tower portion of the Golub project, is well over half-glassed. The 45-story tower will deliver 490 luxury apartments to 545...

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