Aqua Tower team dives back in for new Chicago project by Studio Gang

studio gang architects' aqua tower (joevare via flickr)

Detail of the rippling facade of Studio Gang Architects’ Aqua Tower. (joevare / Flickr)

With the real estate market drifting through a relative recovery, one prominent Chicago developer seems to be saying, “Come back in, the water’s fine.” The team behind Chicago’s Aqua Tower is gearing up for another high-rise nearby. Chicago-based Magellan Development Group hired Studio Gang Architects for another tower in the 28-acre master-planned neighborhood of Lakeshore East.

Continue reading after the jump.

Richard Meier Reinterprets Bauhaus Modernism in New Tel Aviv Luxury Tower

International
Thursday, November 1, 2012
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(Courtesy Richard Meier & Architects Partners)

(Courtesy Richard Meier & Architects Partners)

Architect Richard Meier is stamping downtown Tel Aviv with another luxury landmark, “Meier on Rothschild,” a mix-use residential, commercial and office complex towering 39-stories over Tel Aviv’s White City. Located on Rothschild Boulevard, the tower is Meier’s  modern take on Bauhaus architecture that characterizes the city, where two- and three-story buildings defined by minimalist and functional architecture and marked by smooth white curved exteriors are common.

Continue reading after the jump.

Massive Project by Norman Foster could Transform Toronto

International
Tuesday, October 23, 2012
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Proposed redevelopment of the Metro Toronto Convention Center. (Courtesy Oxford Properties)

Proposed redevelopment of the Metro Toronto Convention Center. (Courtesy Oxford Properties)

Starchitects are descending on Toronto. First it was Frank Gehry with his plan for three 80-story skyscrapers on top of an art museum, and now Norman Foster with a massive plan to redevelop the Metro Toronto Convention Centre area adjacent to the CN Tower and Rogers Centre Stadium. Developed by Oxford Properties Group and dubbed Oxford Place, the plan calls for upgrades to the current convention center and four new towers for housing, office space, a hotel, and a casino surrounding a five-and-a-half acre park spanning a railroad.

Continue reading after the jump.

Domesticating the Cathedral of Commerce with Luxe Condos

East, Newsletter
Wednesday, August 8, 2012
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The crown of the Woolworth Building in Lower Manhattan. (dragonflyajt/Flickr)

The crown of the Woolworth Building in Lower Manhattan. (dragonflyajt/Flickr)

New York City’s nouveau-tall skyscrapers, like the Christian de Portzamparc-designed One57 which recently topped out at 1,004 feet, have been wooing the world’s richest residential buyers with unimaginable amenities and floor-to-ceiling glass. But if you interested in an address that redefined tall—one hundred years ago—your options are more limited. Now, developers Alchemy Properties have acquired the top 30 floors of the iconic Woolworth Building in Lower Manhattan, the world’s tallest structure when it opened in 1913, with plans to build 40 super-luxury residential units in the sky.

Continue reading after the jump.

In Chicago, Small and Steady May Win the Race

Midwest
Tuesday, November 29, 2011
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(photo: Steve Vance/flickr)

While a number of new rental towers have been announced in recent months, Crain’s has an informative article about a number of Chicago condominium developers who are beginning to build again, albeit at a very small scale and in tightly phased sequences. Even for projects as small as 14 units, banks are demanding projects be split into two phases, six units first, followed by eight in a second building. Some developers are also willing to accept lower offers from buyers for higher down payments up front. The thinking reflects new stricter lending standards and continuing economic uncertainty. But with Chicago’s condo market still over-saturated and the foreclosure crisis just beginning to wane, it also reflects a much needed correction from previous patterns of over building and over lending. And, pardon me Mr. Burnham, but isn’t incremental city-making and infill development often the best approach?

 

 

55 Warren: One Scoop with Glitz on Top

East
Tuesday, October 18, 2011
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Courtesy Leopoldo Rosati

A view up from the courtyard at 55 Warren, designed by OCV Architects and interior designer Leopold Rosati. (Courtesy Leopoldo Rosati)

Last week, we took a trip around the block from the AN office to go to an open house at 55 Warren hosted by Legrand, the French systems management company. While we were impressed with all the gizmos and glitzy gadgets, it was OCV Architect’s clever renovation of the old cast-iron building that grabbed our attention.

Check out the photos after the jump.

BandAid for OToole

East, East Coast
Tuesday, January 26, 2010
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Could the "Overbite Building" be saved by St. Vincent's failure. (AllWaysNYC/Flickr)

Another entry in the good bad news department today, as the Post breaks the big story that St. Vincent’s hospital in Greenwich Village is on the verge of bankruptcy again. According to the tab, crosstown rival Continuum Health, which runs Beth Israel, St. Luke’s and Roosevelt hospitals is prepared to take over the city’s last remaining Catholic hospital, and it could close many of the hospitals services, such as surgical and in-patient care, and possibly even the emergency room, one of the few on the west side of Manhattan. So how is this good news, that this critical hospital might close? Well, that pride of place, combined with the first bankruptcy, was part of the reason St. Vincent’s used to justify its major expansion and real estate deal with the Rudins, which would have created a new hospital by Pei Cobb Freed and a huge condo project by FXFowle. Now all that could be in doubt: Read More

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