Last night, in the West Loop
American Flag, Tower Crane, and Water Tank, for a Thursday
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Tag Archives: Tower Cranes
One Bennett Park plants a tower crane in Streeterville
The new One Bennett Park tower crane, taken from Moment Apartments.
If you were in Streeterville over the weekend for Open House Chicago, you may have walked right past the new tower crane stub at One Bennett Park. If you visited Moment, the new apartment tower at McClurg and Grand, to check out an apartment and/or the outdoor deck, you might have looked right over it as you gazed out at Lake Michigan and the skyline. But it is there.
The high-profile high rise got a tower crane permit way back on August 23, so we’ve been waiting awhile. But it’s going to be a pretty yellow crane, so the wait was worth it. Then again, it’s a tower crane; it’s always worth it.
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- Porto-potty peephole. Thanks for nothing.
Quick Look: The 171 Aberdeen tower crane foundation is poured
The tower crane foundation at 171 Aberdeen is poured and set.
When last we checked on 171 Aberdeen, there was a freshly planted tower crane stub. So freshly, in fact, that there was no foundation around it. But not to worry. A quick perusal Tuesday shows a completed foundation, and I expect full assembly is still on schedule for Monday the 10th. I’ll miss it; I hope one of you can stop by and capture a few photos.
Last week’s tower crane, in the buff.
Tower Crane Update: 465 North Park starts putting it all together
See there, off in the distance? They’re assembling the tower crane at 465 North Park.
Another day, another tower crane goes up. This one is for 465 North Park. The 47-story apartment tower from Jupiter Realty and Pappageorge Haymes Partners got its tower crane permit on September 6, then planted the stub during groundbreaking ceremonies on Sept. 20. Tuesday, the street crane went to work, assembling the crane high above Streeterville.
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- HOLD ON
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- A core begins to rise.
Tower Crane Update: Centrum Hubbard and 412 North Wells
The tower crane is real. And it is spectacular.
The stump has been planted, the foundation poured and cured, and all the parts are assembled in mid-air. The tower crane at Centrum Hubbard and 412 North Wells is ready to go.
That single tower crane will erect both the 9-story office building (412 North Wells) and the 23-story, 193-unit residential tower (Centrum Hubbard) in the lot at Wells and Hubbard. Both buildings were designed by next-door neighbor Hirsch Associates. And with it now in place, it’s time for digging some foundations. Not by the tower crane though. The excavation equipment will handle that task.
Gallery I: Tuesday assembly
Gallery II: The finished crane and the foundation dig.
171 Aberdeen appeases whining blogger, plants tower crane
IT’S HERE!
Apparently I am a man who can get things done. My squeaky wheels attract much grease. Something along those lines.
It was only Monday that I lamented a second tower crane permit for 171 Aberdeen, the mixed-use project in the West Loop from MCZ Development, yet still there was no tower crane to be seen. Then Tuesday, for no better reason but to appease my insatiable curiosity, I wandered by the site again, despite having been there just two days earlier. And lo and behold, what to my wondering eyes should appear, but a brand-spankin’-new stub sticking up out of the ground.
I also found the reason for the delay. That permit I told you about Monday for “RELOCATION OF CAISSONS AND GRADE BEAMS” was necessitated by a bit of miscommunication, and the new caissons were required directly underneath the new tower crane, as the original caissons were insufficient for supporting the weight of the crane. That means there are four additional caissons planted under what is now a slightly smaller crane pad than was initially planned.
A quick reminder about 171 Aberdeen before I let you enjoy a few pics of that glorious crane stub: it will have 75 luxury apartments, 15,000 square feet of retail, and 40,000 square feet of office space, and about 130 parking spots.
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- Cement will be poured into the foundation Wednesday.
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- See? I TOLD you that looked like a good spot for a tower crane!
Your late-night preview of the Centrum Hubbard tower crane
In pieces for now, a future tower crane awaits assembly on the Centrum Hubbard/ North Wells lot.
A tower crane waits for no man.
Except for the men who have to assemble the crane. Which means the tower crane at Centrum Hubbard/412 North Wells will have to wait until Tuesday morning to continue climbing into the sky. But crews got a good start on Monday, stacking a few sections atop each other, while filling the lot with more crane parts, including the ever-important sky cab. Which is what I’m calling it, starting just now.
Have a look at the progress so far, night-vision style.
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- Foundation work for the crane on Thursday the 22nd.
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- The crane-building crane was on site Monday morning.
465 North Park groundbreaking breaks tower crane cover
The photo that gave up the secret of the new tower crane stub.
Yesterday, I showed you the photos 465 North Park sent over of the groundbreaking ceremonies held Tuesday afternoon. That little seedling of a tower crane hiding in the background was enough to prompt me to get over there and capture the little guy myself. So I did. And here are a few shots to prove it.
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- There’s other stuff going on too, and most of it involves rebar. Lots of rebar.
Centrum Hubbard and 412 North Wells get a tower crane to share
Crews work on the foundation for the Centrum Hubbard/412 North Wells tower crane.
This is the time we find out just how well Centrum Hubbard and 412 North Wells get along.
One is an office building, and one is a residential tower. So right off the bat, you’d think there might be tension. They’re being built in a very confined space, at the corner of Hubbard and Wells in River North, so they won’t have much of a chance for alone time. And now, they’ll have to start sharing a tower crane.
Yesterday, crews were busy working on the foundation and base section of a nice red tower crane toward the back and center of the lot. That tower crane will pivot to both sides to service the needs of the two-structure project from Centrum Partners and Hirsch Associates.
465 North Park celebrates two huge milestones with groundbreaking, tower crane planting
Courtesy of 465 North Park – Left to right: Matthew Sharples, MetLife
Jerry Ong, Jupiter Realty
Judith Fryland, City of Chicago
Alderman Brendan Reilly
Don Smith, Jupiter Realty
Michael Pompizzi, Jupiter Realty
Mike Moran, Allstate
Mimi Simon, City of Chicago
Deborah Gershbein, SOAR
On Tuesday of this week, Jupiter Realty Company held groundbreaking ceremonies for 465 North Park, the 48-story, 444-unit apartment tower by Pappageorge Haymes Partners. And hey, you remember that nest Power Construction was building for the future tower crane? Well, guess who photobombed the big ceremony? You got it! A shiny new stub of a tower crane can be seen hovering over everyone’s shoulders, looking for its moment in the spotlight. Which will come very, very soon, I’m sure.
You can read the 465 North Park press release that follows the photos below.
Alderman Brendan Reilly speaks at the groundbreaking ceremony. Photo courtesy of 465 North Park.
Who’s that photobombing Mr. Reilly and Mr. Smith? A Tower Crane!
465 NORTH PARK LUXURY APARTMENT GROUNDBREAKING
MetLife and Allstate partner on new Streeterville development
CHICAGO – September 20, 2016 – Jupiter Realty Company today held a groundbreaking ceremony for a 444-unit luxury rental high-rise project at 465 North Park Drive, in Chicago’s Streeterville neighborhood. The ceremony was attended by representatives from the project team, investors from MetLife and Allstate, and the City of Chicago, including 42nd Ward Alderman Brendan Reilly. Donald A. Smith, Chairman of Jupiter Realty Company, moderated the ceremony.
Smith noted, “Jupiter is delighted to have been selected by MetLife and Allstate to develop what we believe will be a noteworthy addition to the Streeterville landscape. Its strategic location at the intersection of East Illinois Street and North Park Drive will afford it significant neighborhood prominence. Visible from both Michigan Avenue and Navy Pier, the 48-story, 444-unit rental building will contain nearly 600,000 square feet of luxury residences with market-leading amenities.”
Alderman Reilly noted, “465 North Park is creating more than 450 construction jobs and will add 75 permanent leasing, management, operations and retail positions when it opens in the spring of 2018. Ownership and Jupiter worked collaboratively with the community and my office to design a project that will greatly enhance the neighborhood while minimizing the impact on existing Streeterville buildings and residents. Importantly, Jupiter has also agreed to contribute to the redevelopment of Ogden Plaza Park, a 70,000-square-foot, 25-year-old public park, to the west of the development.”
Matthew Sharples, Managing Director and Head of the Chicago Regional Office for MetLife Real Estate, said, “MetLife is excited to make this investment possible. Having owned the 465 North Park site for many years, we are thrilled to be starting construction on this best-in-class residential community. We are excited to have Allstate as our partner, and to be working with a talented development team including Jupiter Realty Company, Pappageorge Haymes Partners and Power Construction.”
“As long-time real estate investors, we at Allstate are seeking high-quality income-producing properties like 465 North Park to achieve attractive returns and further diversify our investment portfolio,” said Michael Moran, Managing Director, Real Estate for Allstate. “As a bonus, our investment in this property and the surrounding neighborhood also benefits our hometown of Chicago.”
The 444 upscale units will include studios, convertibles, one-, two- and three-bedroom units, plus nine two-story townhomes on the fourth and fifth floors. All kitchens will feature high-end appliances and cabinetry, and all units will feature walk-in closets and full-size washers and dryers. The top two penthouse floors will feature top-of-the-line kitchens. The lower level will boast a large bike room including a repair station, a pet spa, resident storage, dry-cleaning service and 24-hour-access package pick-up. A 181-space resident-only parking garage will be located in the lowest levels of the building, accessible from a private internal drive. It is anticipated that the property will be Leadership in Energy and Environmental Design (LEED) Silver certified.
Additional project amenities will include 12,000 square feet on the sixth floor dedicated to fitness (including aerobic, weight, yoga, spinning and fitness-on-demand rooms), spa/pool, conference, business, game and party areas, demonstration kitchen and lounge, and conversation/gathering spaces. Outside on the sixth floor, a 22,000-square-foot exterior deck will include a dog run, an outdoor pool with sunning and seating areas, cabanas, multiple green-spaces, fire pits, private kitchenettes, and TV-viewing areas. Another amenity level on the 38th floor will feature a kitchen, private dining and lounge areas, along with an outdoor skydeck with multiple lounge seating areas, fire pits and breathtaking views of Lake Michigan and the city. The building will also provide 12,000 square feet of prime retail space on the first floor.
The redevelopment of Ogden Plaza Park is expected to be complete by 2018. The scope of the redevelopment will include new trees, plantings, seating and lighting, as well as a dog-friendly area and modifications for better overall park access.
Chicago-based Jupiter Realty Company is a privately held, vertically integrated development, investment and management firm since 1985 with its origins in real estate since 1960. Jupiter develops, acquires, finances, renovates, repositions, and sells hotels, mid-rise or high-rise, apartments, residential communities, office parks, office buildings, regional or neighborhood shopping centers, free-standing retail stores, industrial buildings, mixed-use properties and land in response to the ebb and flow of market cycles. Jupiter works closely with corporate clients, major tenants, institutions, pension funds, banks, REITs, lenders and other financial partners. Jupiter and its affiliates operate nationally with a special focus on the Midwest.
About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the largest life insurance companies in the world. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.
About Allstate
The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer, protecting approximately 16 million households from life’s uncertainties. Allstate’s real estate investments group has decades of experience and looks for core and value-add opportunities across geographies in the United States and internationally, and in a range of investment vehicles, such as funds, co-investments and joint ventures. Allstate’s real estate investments include retail, multi-family, office and industrial properties.
Contact: Beth at Treacy Marketing Group, 312-343-8900, btreacy@treacymarketing.com
