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Sunday, February 8, 2015

Curbed Chicago

ON THE MARKET

$2.9M Unit at Trump Tower Offers Views in Three Directions

DEVELOPMENT UPDATE

New Logan Square Mixed User Targets Spring 2016 Opening

DEVELOPMENT UPDATE

Resurgent Franklin & Randolph Tower Takes Big Step Forward

TOURISM IN THE WINDY CITY

City Calls Itself Epic, Hopes More Tourists Come Visit

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Can hipsters and Divvy bikes sell Chicago to visitors around the world? A play off Burnham's famous "make no little plans" line, the catchphrase "Chicago Epic" was introduced as the centerpiece of a new tourism campaign by Choose Chicago yesterday, according to Crain's. An 80-second spot featuring images from the Field Museum, city beaches and even Michael Jordan, as well as a hipper view of Windy City culture and narration by poetry slam founder Marc Smith, encourages tourists to "do something epic" when they visit. Set to roll out later this spring to domestic markets, likely on the West and East coast, the campaign will have to do something pretty epic itself to help meet the Mayor's ambitious goal of 55 million annual visitors by 2020. 
Shifting tactics after a banner year for visitors >>
CURBED COMPARISONS

5 Two Bed Apartments You Can Rent Right Now for $1,500

Welcome to Curbed Comparisons, a column that explores what one can rent for a set dollar amount in various Chicago neighborhoods. Is one man's studio another man's townhouse? Let's find out! Today's price: $1,500/month.
↑ Humboldt Park $1,250
It's bright, clean and has a really nice backyard. The building is owner occupied, which can be both a good and bad thing. Not the most spacious two bed at 750 square feet, but it's no micro unit either. 
See how the other neighborhoods stack >>
EATER TASTINGS

Lettuce Unveils Experimental Restaurant; The 14 Hottest Restaurants in Chicago; More

This week's top dish from Eater Chicago, Curbed's restaurant, bar, and nightlife blog...
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[Photo: Marc Much]
AROUND TOWN—Its time for the newest Eater Chicago heatmap, your guide to the hottest restaurants in town. Intro, Izakaya Mita, and Good Stuff Eatery are the newest additions.
More Eater tastings >>
ON THE MARKET

$2.9M Unit at Trump Tower Offers Views in Three Directions

Situated on the 62nd floor of the Trump Tower, this 2,750 square footunit has a long, curving wall of windows that offer awesome eastsouth and west facing views of downtown. The unit last sold in 2012 for $2.1 million, but the listing agent states that this two bedroom, three bathroom sky-high pad has recently received over $200,000 in upgrades. Of course all of the luxury amenities in the building are included, and one parking space comes with the $2.9 million ask. 
The views continue this way >>
DEVELOPMENT UPDATE

New Logan Square Mixed User Targets Spring 2016 Opening

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If you've walked up or down Milwaukee Avenue near the Congress Theater lately, you may have noticed that there's a large "L" shaped figuring just sitting in an empty lot glowing at night. That L is actually a promotional effort from Property Markets Group who has recently dubbed the upcoming transit-oriented development simply, L. According to a new promotional website for the project, PMG indicates that the 120 unit development "will offer residents access to the luxury finishes and amenities typically found downtown but with all the lifestyle benefits that living in Logan Square affords." The site also includes a few new renders and a target completion period of spring 2016. Recently soil sampling rigs have been spotted at the sites of both the upcoming Property Markets Group development coming to 2211 N Milwuakee Avenue and at the proposed dual tower project site near California and Milwaukee indicating that the corridor is looking to dramatically change in the next year or two. 
A few new renderings >>
DEVELOPMENT UPDATE

Resurgent Franklin & Randolph Tower Takes Big Step Forward

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[Rendering of the John Ronan-designed tower at 151 North Franklin]
Will a potential lease be a catalyst for new construction in the Loop? According to Crain's, the proposed 36-story John Buck office tower at 151 North Franklin may have just moved off the back burner and one step closer to ground-breaking. Law firm Freeborn & Peters, who signed a letter of intent on a few floors of office space, is looking at a 15-year lease. Landing a big tenant will open up the venture to more construction financing, and in the words of a broker, "makes the project for real."
Is this Buck building part of a boom near Wolf Point? >>
LINKAGE

Feds Help Blue Line With Loan; Bronzville Mariano's; More

GREEN AWARDS

Once Again, Illinois Takes the Lead on LEED Certified Space

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[The LEED-certified FBI Regional Office in Chicago. Photo by David Seide/DefinedSpace.com]
According to the U.S. Green Building Council, Illinois appears to be going green faster than any other state. For the second year in a row, the Land of Lincoln has built the most square feet of green-certified LEED space per capita, working out to 42.4 million square feet of real estate, or 3.31 square feet per resident, from 174 certified projects. Colorado is second with 3.14 square feet per resident, while California, despite its more environmentally conscious reputation, ranks seventh at 1.87. Illinois and Colorado are the only two states to have appeared on the list every year since the Green Building Council began releasing it in 2010.
Why has Illinois stayed on top? >>
HIGHER LEARNING

A Look at the Recently Finished Belmont Ave. Intrinsic School

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[photos by Steve Hall via Architizer]
Adaptive reuse projects are gaining momentum in Chicago, and for a good reason. One of the more exciting projects in the Windy City that falls into this category is the new Intrinsic Schools Belmont campus in Old Irving Park. Designed by Wheeler Kearns Architects, the school transformed an old lumberyard into a contemporary educational facility, while utilizing about 75 percent of the existing structure. And having been a lumberyard, the building features a beautiful bowstring truss construction from solid wood columns. Originally built in 1954, the reworked facility opened last August and features brand new classrooms and labs (or "pods" as the school calls them), an outdoor soccer field and a gymnasium that showcases the old wooden truss construction. 
A video tour of the new campus >>
CONSTRUCTION WATCH

West Loop Tower Construction Pushing Through the Winter

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[photos by Shawn Ursini]
Even though Punxsutawney Phil has indicated that there will be several more weeks of winter, 2015 is already looking to be a very strong year for construction in Chicago. Here's a look into what's happening with three projects along the Halsted Street Corridor in the West Loop. First, the upcoming Gateway Tower at the southeast corner of Halsted and Green Streets is quickly approaching its final height as crews have reached the 17th floor, the last floor to frame for the new 167 unit apartment tower designed by Antunovich Associates. Floor to ceiling windows now enclose seven of the tower's residential floors as the exterior facade takes shape and provides a contrast to the historic 2 South Halsted Building next door.
The construction update continues this way >>

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