Wolf Point on the Chicago River. (Courtesy Pelli Clarke Pelli)
The biggest stir caused by the Kennedy’s newest proposal for developing Wolf Point was not obscuring the Merchandise Mart views or initial reactions to the renderings or the stuffing of three very tall towers on one impossibly small piece of land. It was more like, “There’s a living Kennedy with a stake in Chicago real estate?” We all know the family sold the Mart years ago. Fewer of us knew they held on to that little sandbar that sits in front of the the Sun-Times building.
Ready to boost the family fortune, the Kennedys with Hines, Cesar Pelli, and bKL plan to stuff three towers onto the site. Is this the architectural equivalent of a 10 lb. bag of sugar in a 5 lb. sack? Maybe, but development of that scale is also kind of exciting. And that leads to the biggest question. Can this economy support a residential and commercial project of this size? Well, Jean—that’s the last sibling standing, right, so the land must be hers—get out your good-faith checkbook: Google is coming. They’ve leased the top floors of the Mart, which will serve as the new headquarters of Motorola, which Google has acquired. That means thousands of high paying fancy Google jobs just across the street. With that news, Wolf Point is a done deal, no?