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Developers-Obtain-Loans-for-Pair-of-Chicago-Towers

Developers Obtain Loans for Pair of Chicago Towers

By Elevator World | June 1, 2020

Developers of a pair of residential high rises in Chicago’s Lakeshore East neighborhood have acquired US$283 million in construction financing, The Real Deal reported in March. Lendlease and Magellan Development are planning a combined 853 units for the two towers — 13 fewer than originally planned. The 47-story Cirrus has already begun sales of its…

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New warehouse, staff additions and promotion

By Elevator World | May 1, 2020

Canada’s Delco Elevator Products Opens U.S. Warehouse Delco Elevator Products, headquartered in Vancouver, Canada, announced the opening of its U.S. warehouse in Ferndale, Washington, near Seattle, in March. An authorized distributor of Torin drives, Delco said the new location will result in lower fees and shorter lead times. The location eliminates import, brokerage and border-crossing…

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A-record-breaking-elevator-and-office-towers-are-on-the-drawing-board

A record-breaking elevator and office towers are on the drawing board.

By Elevator World | April 1, 2020

1,000-ft Glass Elevator OK’d for Aon Center Chicago’s Department of Planning and Development has approved a plan by developer 601W and architects Solomon Cordwell Buenz to add the tallest exterior glass elevator in North America to Aon Center (ELEVATOR WORLD, July 2018), Archinect reported in February. The US$185-million project, first announced in March 2019, would…

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Supertall-tweaks-and-a-major-contract

Supertall tweaks and a major contract

By Elevator World | January 1, 2020

“Exciting” Tweaks to Plan for City’s Future Second Tallest Golub & Co. and CIM Group, developers of what would be Chicago’s second-tallest tower, unveiled tweaks to the proposed 1,422-ft-tall mixed-use building planned for a parking lot just east of Chicago’s Tribune Tower (ELEVATOR WORLD, June 2018), Curbed Chicago reported in November 2019. Designed by Adrian…

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Construction-Begins-On-Final-Phase-Of-Chicago-Project

Construction Begins on Final Phase of Chicago Project

By Elevator World | October 1, 2019

Construction has begun on the third and final phase of a plan to redevelop Chicago’s Atrium Village housing complex, Curbed Chicago reported. The project, called Old Town Park, is being developed by Omni Group and designed by Hartshorne Plunkard Architecture. The third tower will rise 41 stories and 447 ft high and contain 456 rental…

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News-from-the-Chicago-Tribune-airport-design-draws-controversy-mixed-use-development

News from the Chicago Tribune: airport design draws controversy; mixed-use development planned.

By Elevator World | June 1, 2019

Escalators the Centerpiece of Gang-Designed O’Hare Terminal Wood-covered escalators are an “architectural element [celebrating] movement and spatial excitement” in local architect Jeanne Gang’s winning design for Global Terminal, which will replace Terminal 2 at O’Hare International Airport. Scheduled to open in 2028 and drawing inspiration from the city’s municipal symbol and the meeting of the…

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Multiple-New-High-Rise-Projects-Win-Approval-in-Chicago

Multiple New High-Rise Projects Win Approval in Chicago

By Elevator World | December 1, 2018

Multiple new high rises up to 950 ft. tall were approved by the Chicago Plan Commission during a daylong meeting in October, indicating the city’s skyscraper boom will not cease anytime soon, Curbed Chicago reported. The projects, which all come with plenty of parking, infrastructure improvements and green space, are: Phase one of The River…

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Big Willis Tower news, a new office building and VT improvements at a CTA station

By Elevator World | November 1, 2018

Willis Tower Renovation Centerpiece Gets Name, Tenants The five-story, 300,000-sq.-ft. addition to Willis Tower, the centerpiece of a US$668-million renovation being undertaken by Blackstone Group, has a name and tenants, Crain’s Chicago Business reported. Catalog, an homage to the 110-story building’s past as Sears’ headquarters, will be anchored by a 14,000-sq.-ft. food hall operated by…

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Ambitious-Plan-Would-Transform-Chicagos-North-Side

Ambitious Plan Would Transform Chicago’s North Side

By Elevator World | September 1, 2018

Chicago-based developer Sterling Bay unveiled its plan to transform at least 70 riverfront acres on the north side of Chicago into Lincoln Yards, which would include thousands of homes, along with offices, public parks and skyscrapers as tall as 70 stories, the Chicago Tribune reported. A community meeting in July drew hundreds and was standing-room…

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Chicago-Tower-Gets-New-Name-Updated-Renderings

Chicago Tower Gets New Name, Updated Renderings

By Elevator World | August 1, 2018

The developer of a high-rise apartment tower under construction along the South Branch of the Chicago River has revealed a new name and new renderings, Curbed Chicago reported in June. Previously called Ancora at Riverline, the 29-story tower at 720 South Wells Street has been rechristened as The Cooper at Southbank. The change is a…

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