Downtown Chicago Could Get 11 New Skyscrapers This Week
Oct15

Downtown Chicago Could Get 11 New Skyscrapers This Week

If there’s a skyscraper nerd in your office, don’t be surprised if he calls in sick on Thursday.  That’s the day the Chicago Plan Commission considers the largest number of new skyscrapers for downtown Chicago since August of 2014, when four new towers were on the docket. This time, there are 11 major buildings in play: 700 at the River in River West 1,500 total residences 497 car parking spaces Total FAR: 8.1...

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River District Revised, Upsized, and Amazon-ized
Mar26

River District Revised, Upsized, and Amazon-ized

Forget all those nice diagrams submitted to the City of Chicago last September showing the details of the proposed River District development on the Chicago River.  According to a vinyl banner hanging on a bridge, things have just gotten a lot more interesting at the Tribune Media development. A photograph of the banner in question has been making the rounds of the internet for the last few days.  Word is that there is at least one...

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Video: Proposed Tribune Mega-Project Turned Into Animated Eye Candy
Dec06

Video: Proposed Tribune Mega-Project Turned Into Animated Eye Candy

If you’ve been salivating over the prospect of Tribune Media (soon to be Sinclair Broadcasting) pulling off its proposed $700 million “technology campus” along the Chicago River, then grab another napkin. A new video has hit YouTube showing what the Trib and Riverside Investment’s 700 at the River District project could look like. The animation delivers quite a visual punch, giving viewers a fighting chance at...

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Firmly in Pivot Mode, Trib Wows Again With Another Massive Development Proposal
Oct09

Firmly in Pivot Mode, Trib Wows Again With Another Massive Development Proposal

For the second time in two months, Tribune Media is making headlines in the real estate industry. The company, which is in the process of being bought by suburban Baltimore’s Sinclair Broadcast Group, is best known for WGN-TV, KTLA in Los Angeles, and WPIX in New York.  It’s half of what’s left after the Tribune Company imploded like a supernova, leaving behind a pair of dwarf stars.  Consult the Adler Planetarium if...

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What We Know About Tribune’s 700 at the River
Sep25

What We Know About Tribune’s 700 at the River

It was in January of 2016 when we were the first to let the cat out of the bag on the new development at 700 West Chicago Avenue in Chicago’s Goose Island neighborhood.  755 words called What Downtown Chicago’s Next Master Planned Community Might Look Like, complete with renderings showing the future of the property, a history of how Trib ended up with such a nice piece of land on its hands, and an exploration of the zoning...

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With Trib Tower Tucked, Focus Fixes on Freedom’s Future
Oct03

With Trib Tower Tucked, Focus Fixes on Freedom’s Future

It’s not exactly a secret that the people at the helm of the smoldering remains of the Tribune empire are interested in a more structured future for the company’s Freedom Center out at 777 West Chicago Avenue. Just last year we published a rendering of the property completely redeveloped with shops, apartment blocks and office towers. But now that the Tribune Tower has been officially offloaded onto CIM Group, it’s...

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Tribune Tower Sold to L.A.’s CIM Group
Aug30

Tribune Tower Sold to L.A.’s CIM Group

For half a decade, locals and industry insiders have been watching the formerly mighty Tribune media empire crack, collapse, and dissolve away like the Antarctic ice shelf.  Today a massive glacier calved off the Tribune Tower in downtown Chicago, floating it over to CIM Group for $240 million in cash money. So, what becomes of the Tribune Tower?  Lots.  CIM isn’t one of those companies that buys a property if it doesn’t...

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Another Nail, Same Coffin: Trib Tower For Sale
Oct09

Another Nail, Same Coffin: Trib Tower For Sale

It’s not very often that we do real estate news on this blog.  But then, it’s not every day that someone tries to sell the architectural equivalent of your grandmother. Tribune Media, the broadcasting division created when a federal King Solomon cut the Tribune Company baby in two, has decided that it’s time to cash out of the Tribune Tower (435 North Michigan Avenue).  Once upon a time, the Trib was a major...

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