Corcoran Urban Real Estate
 

Monday Real Estate Round-Up

Monday Real Estate Round-Up The skyline is Streeterville has some change coming. Northwestern University has unveiled the latest renderings from its architects Perkins + Will for a new medical research tower on the site of the old Prentice Women's Hospital.

Ald. Brendan Reilly's office sent an email to constituents alerting them to a public meeting Sept. 30 at 5 p.m. at the Hughes Auditorium of the Robert H. Lurie Medical Research Building, 303 E. Superior St. Representatives from both Northwestern and the architects will be on hand to discuss the tower.

(At right, rendering of the proposed tower for Northwestern from Perkins + Will).



Chicago's most famous hole-in-the-ground has hit the news again.

Garrett Kelleher, the developer of the Chicago Spire, is seeking additional investors to restart construction of the proposed supertall tower. 

Planned for 150 stories, the Spire has been stalled for several years. In their latest filing with the court, Kelleher and his partners Atlas Apartment Holdings, say they've been struggling to find new investment partners for the deal to construct the Santiago Calatrava-designed tower at 400 N. Lake Shore Drive.

Read more here and here.


While we're talking towers, a nearly 500-foot tower that was planned for 410 E. Grand Ave. in Streeterville is officially under construction.

Originally approved by the city in 2011, development on the site did not begin until last week, according to Chicago Architecture Blog. 



While real estate news in Chicago is a busy field, reporting on it going to be a little less crowded. Chicago Real Estate Reporter Dennis Rodkin is moving on after 30 years covering the industry.

Rodkin, who wrote the "Deal Estate" column in Chicago Magazine until he moved to Crain's earlier this year, announced in an email to staff at the company that he would be leaving for California to run a nursery with his brother.

"It's not an easy thing to give up, but I'm looking forward to working with my brother," Rodkin told his colleagues. "I've worked with some of the best jorunalists around. Chicago is a place where there are endless stories, especially about real estate."

Good luck Dennis! We'll miss you in Chicago!