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August Highlights at the Grant Park Music Festival
FOR IMMEDIATE RELEASE Contact: Jill Hurwitz,312.744.9179 [email protected] AUGUST HIGHLIGHTS AT THE GRANT PARK MUSIC FESTIVAL A world premiere by Aaron Jay Kernis, an evening of mariachi, a night of Spanish guitar and Beethoven’s Ninth Symphony on closing weekend of the 2017 season CHICAGO (July 19, 2017) — Summer in Chicago wraps up in August with the final weeks of the 83rd season of the Grant Park Music Festival, led by Artistic Director and Principal Conductor Carlos Kalmar with Chorus Director Christopher Bell and the award-winning Grant Park Orchestra and Chorus at the Jay Pritzker Pavilion in Millennium Park. Highlights of the season include Legacy, a world premiere commission by the Pulitzer Prize- winning American composer, Aaron Jay Kernis on August 11 and 12, and Beethoven’s Symphony No. 9 with the Grant Park Orchestra and Chorus and acclaimed guest soloists on closing weekend, August 18 and 19. All concerts take place on Wednesday and Friday evenings at 6:30 p.m., and Saturday evenings at 7:30 p.m. (Concerts on August 4 and 5 move indoors to the Harris Theater during Lollapolooza). The August program schedule is below and available at www.gpmf.org. Patrons can order One Night Membership Passes for reserved seats, starting at $25, by calling 312.742.7647 or going online at gpmf.org and selecting their own seat down front in the member section of the Jay Pritzker Pavilion. Membership support helps to keep the Grant Park Music Festival free for all. For every Festival concert, there are seats that are free and open to the public in Millennium Park’s Seating Bowl and on the Great Lawn, available on a first-come, first-served basis. -
The Economic Impact of Parks and Recreation Chicago, Illinois July 30 - 31, 2015
The Economic Impact of Parks and Recreation Chicago, Illinois July 30 - 31, 2015 www.nrpa.org/Innovation-Labs Welcome and Introductions Mike Kelly Superintendent and CEO Chicago Park District Kevin O’Hara NRPA Vice President of Urban and Government Affairs www.nrpa.org/Innovation-labs Economic Impact of Parks The Chicago Story Antonio Benecchi Principal, Civic Consulting Alliance Chad Coffman President, Global Economics Group www.nrpa.org/Innovation-labs Impact of the Chicago Park District on Chicago’s Economy NRPA Innovation Lab 30 July 2015 The charge: is there a way to measure the impact of the Park Districts assets? . One of the largest municipal park managers in the country . Financed through taxes and proceeds from licenses, rents etc. Controls over 600 assets, including Parks, beaches, harbors . 11 museums are located on CPD properties . The largest events in the City are hosted by CPD parks 5 Approach summary Relative improvement on Revenues generated by value of properties in parks' events and special assets proximity . Hotel stays, event attendance, . Best indicator of value museum visits, etc. by regarding benefits tourists capture additional associated with Parks' benefit . Proxy for other qualitative . Direct spending by locals factors such as quality of life indicates economic . Higher value of properties in significance driven by the parks' proximity can be parks considered net present . Revenues generated are value of benefit estimated on a yearly basis Property values: tangible benefit for Chicago residents Hypothesis: . Positive benefit of parks should be reflected by value of properties in their proximity . It incorporates other non- tangible aspects like quality of life, etc. -
Grant Park Master Plan
CHAPTER 4 Waterfronts and Open Spaces Grant Park Master Plan The major goals of the Grant Park Plan include: • Expand the role of Grant Park as a regional, city-wide and local resource • Activate the park as a whole, on a year-round basis, especially on non-event days and during the winter • Protect and enhance the unique landscape of the park • Preserve and interpret the park’s historic character while accommodating its evolving uses, including the needs of new residential developments on its periphery • Integrate Grant Park into the Lakefront open Figure 4.3.10 Queen’s Landing space system • Develop short and long-range guidelines for land-use, management, maintenance, transportation, roadway design and park development • Integrate the planning process for Grant Park with the plans for other facilities of the Central Lakefront • Develop Butler Field as sports fields • Introduce a performance venue at Hutchinson Field • Extend pathways over the railroad rights of way Figure 4.3.9 The Grant Park Master Plan Figure 4.3.11 Neighborhood Park Area Final Report June 2003 DRAFT 84 CHAPTER 4 Waterfronts and Open Spaces Millennium Park First conceived in 1997, Millennium Park will become one of the finest recreational and cultural spaces of any city in the world. The new park has added 16 acres to Grant Park by construct- ing a land bridge over the Metra Railroad tracks. The design, financed through public-private partnership, includes an outdoor ice rink, an award-winning band shell designed by architect Frank Gehry, a 1500-seat Music and Dance Theater, and extensive public sculptures, gar- dens, green spaces and promenades. -
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150 North Wacker Drive
Click here to view a brief video featuring 150 North Wacker Drive EXECUTIVE SUMMARY Holliday Fenoglio Fowler, L.P. (“HFF”) Holliday Fenoglio Fowler, L.P. (“HFF”) is pleased to present the sale of the 100% fee simple interest in 150 North Wacker Drive (the “Property”) located in the heart of Chicago’s Central Business District’s (“CBD”) most desirable submarket, the West Loop. The 31-story office tower is located one block east of Chicago’s Ogilvie Transportation Center on Wacker Drive – the home to many of Chicago’s most prestigious firms. The Property, consisting of 246,613 rentable square feet (“RSF”), is currently 91.9% leased and offers a significant mark to market opportunity in a best-in-class location on Wacker Drive. The Property is easily accessible via three major highways and the Chicago Transit Authority’s (“CTA”) transit and bus system, yet is still located in one of the most walkable areas of the city. Given the extensive common area renovations and recent leasing momentum, 150 North Wacker is a truly unique investment opportunity to acquire a rare asset with a premier Wacker Drive address and significant upside potential. KEY PROPERTY STATISTICS Location: 150 North Wacker Submarket: West Loop Total Rentable Area: 246,613 RSF Stories: 31 Percent Leased: 91.9% Weighted Average Lease Term: 4.0 Years Date Completed/Renovated: 1970/2002/2015 Average Floor Plates: 9,300 RSF Finished Ceiling Height: 8'9'' Slab to Slab Ceiling Height: 11'8'' Architect: Joel R. Hillman Parking: 134 Parking Stalls; Valet facilitates up to 160 Vehicles Transit Score: 100 Walk Score: 98 2 EXECUTIVE SUMMARY INVESTMENT HIGHLIGHTS NO. -
Developed by Contents
DEVELOPED BY CONTENTS NEIGHBORHOOD The West Loop 06 Fulton Market 08 Map 10 Access 12 NEIGHBORS Offi ces 14 Dining 18 Hospitality 22 Entertainment & Arts 23 Residents 24 Demographics 25 SPACE Overview 26 First Level Retail 28 About McCaffery Interests 29 3 4 5 THE WEST LOOP Once a Marketplace, Always a Marketplace Bounded by Ashland Avenue to the West, the Chicago River to the East, the Eisenhower Expressway to the South and Grand Avenue to the North, the West Loop has played a key role in making Chicago an economic powerhouse. Originally home to the city’s bustling wholesale market district, several of the West Loop’s charismatic warehouses continue to market and distribute food goods today, while neighboring thoroughfares are being revitalized to refl ect and foster the urban life, culture and energy for which this historic area is known. 6 7 FULTON MARKET Dynamic Day & Night Destination At the heart of the West Loop is Fulton Market. The proximity of this quiet, westbound avenue to the city’s nineteenth century rail and stock yards positioned it as a vital hub of Chicago’s growing food enterprises. Wide sidewalks increase walkability and offer opportunities for outdoor dining, parklets and window shopping. Nearby public transportation, bike- sharing stations, and multiple interstate connections makes the area highly accessible by foot, train, bike or car. Just blocks off of Randolph Street’s in-demand “Restaurant Row” and minutes from Chicago’s hip Greektown neighborhood, Fulton Market is at the center of this 24/7 district. ©John8 Joh -
The Crown Fountain in Chicago's Millennium Park Is an Ingenious
ACrowning Achievement The Crown Fountain in Chicago’s Millennium Park is an ingenious fusion of artistic vision and high-tech water effects in which sculptor Jaume Plensa’s creative concepts were brought to life by an interdisciplinary team that included the waterfeature designers at Crystal Fountains. Here, Larry O’Hearn describes how the firm met the challenge and helped give Chicago’s residents a defining landmark in glass, light, water and bright faces. 50 WATERsHAPES ⅐ APRIL 2005 ByLarry O’Hearn In July last year, the city of Chicago unveiled its newest civic landmark: Millennium Park, a world-class artistic and architec- tural extravaganza in the heart of downtown. At a cost of more than $475 million and in a process that took more than six years to complete, the park transformed a lakefront space once marked by unsightly railroad tracks and ugly parking lots into a civic showcase. The creation of the 24.5-acre park brought together an unprecedented collection of world-class artists, architects, urban planners, landscape architects and designers including Frank Gehry, Anish Kapoor and Kathryn Gustafson. Each con- tributed unique designs that make powerful statements about the ambition and energy that define Chicago. One of the key features of Millennium Park is the Crown Fountain. Designed by Jaume Plensa, the Spanish- born sculptor known for installations that focus on human experiences that link past, present and fu- ture and for a philosophy that says art should not simply decorate an area but rather should trans- form and regenerate it, the Crown Fountain began with the notion that watershapes such as this one need to be gathering places. -
The Chicago Region Birding Trail Guide the Magnificent Mile ®The Magnificent Trademark of Gnmaa Is a Registered
THE CHICAGO REGION BIRDING TRAIL GUIDE THE MAGNIFICENT MILE ®THE MAGNIFICENT TRADEMARK OF GNMAA IS A REGISTERED Photography by Jerry Kumery. Top left: Prothonotary Warbler, Bottom left: Northern Saw-whet Owl, Bottom right: Scarlet Tanager WELCOMEWELCOME Welcome to the Chicago Region Birding Trail Table of Contents The Chicago region is one of the country’s premier inland birding locations. Our climate and topography allow for a wide range of habitat types, from extensive grasslands Welcome ........................1 to forests to marshes and lakes. The region’s proximity Overview Map ..................2 to the southern end of Lake Michigan, the Chicago River and large amounts of protected land in public Using the Guide ................3 ownership allow easy access for birders. Map A: Lake and As stewards of our natural environment, the City of Chicago is pleased to McHenry Counties ............4 share this guide with residents and visitors. We hope that you enjoy good birding on the region’s public lands. Map B: Northern Cook County ....................7 Map C: Kane and DuPage Counties ..............9 Richard M. Daley, Mayor City of Chicago Map D: Chicago North ......12 Map E: Chicago South ......16 To help make birding experiences in the Chicago area rewarding for you, we offer the following suggestions: Map F: Southern 1. Early morning is generally the optimal time to see birds. This is Cook County ..................19 probably most important during the summer, when songbird activity Map G: Will and subsides as temperatures rise. See the listings for the best months Grundy Counties..............23 and seasons. 2. We ask that you stay on the trails and follow the rules Map H: Indiana ..............25 established by landowners to ensure that their property remains Landowner Information......27 healthy for many years to come. -
The-Hows-Whats-And-Wows-Of-Willis
There are enough impressive facts about the When you get back to your school, we hope Willis Tower to make even the most worldly your students will send us photos or write or among us say, “Wow!” So many things at the create artwork about their experiences and Willis Tower can be described by a share them with us (via email or the mailing superlative: biggest, fastest, and longest. But address at the end of this guide). there is more to the building than all these “wows”: 1,450 sky-scraping, cloud-bumping One photo will be selected as the “Photo of feet of glass and steel, 43,000 miles of the Day” and displayed on our Skydeck telephone cable, 25,000 miles of plumbing, monitors for all to see. Artwork and writing 4.56 million square feet of floor space and a will posted on bulletin boards in the view of four states. lunchroom area. We would also love to have you and your students post you Skydeck Behind the “wows” are lots of “hows” and Chicago photos to the Skydeck Chicago pages “whats” for you and your students to on Facebook, Instagram, and Twitter. explore. In this guide you will be introduced to the building—its beginnings as the Sears As you get ready for your trip, please call us Tower and its design, construction and place with any questions at (312) 875-9447. We aim in the pantheon of skyscrapers. Its name to make your visit your best school trip ever. was recently changed to the Willis Tower, proudly reflecting the name of the global insurance broker who makes the Tower its Chicago home. -
History of Saic
HISTORY OF SAIC For more than 150 years, the School of the Art Institute of Chicago (SAIC) has been a leader in educating artists, designers, and scholars. SAIC’s history as a world-renowned college of art and design is interwoven with the Art Institute of Chicago and the city itself. 1866 A group of Chicago artists meet to 1972 The Generative Systems program discuss the formation of an art school is launched, which evolves into the with its own art gallery, laying the Department of Art and Technology foundation for the Chicago Academy Studies—the first department of its of Design kind in the country 1869 The State of Illinois grants the 1982 The Early College Program for high Chicago Academy of Design a charter school students is established 1872 A teaching collection is established, 1993 Graduate programs diversify, with consisting primarily of plaster casts as the introduction of the MA in Arts well as Egyptian and Classical material Administration, MS in Historic Preservation, and MFA in Writing 1882 Name is changed to the Art Institute of Chicago to accommodate a distinct 2001 SAIC faculty, students, and alumni museum and school, which is later develop the technology and production known as the School of the Art techniques for Millennium Park’s Institute of Chicago Crown Fountain, which increases SAIC’s focus on external collaborations 1891 First diplomas are awarded 2002 SAIC is named the “most influential 1893 The Art Institute of Chicago school art school in the United States” in a and museum move into the iconic survey of art -
Development Site for Sale 1034 W Madison Street Chicago, Illinois
Development Site for Sale 1034 W Madison Street Chicago, Illinois 15,000 SF Site Ideal for Residential, Retail, Office or Mixed-Use Development W MADISON STREET Table Of Contents 03 Executive Summary 06 Property Description 11 Market Overview 13 Contact Information CUSHMAN & WAKEFIELD | 1034 W MADISON STREET, CHICAGO 2 Executive Summary The Offering Executive Summary The Offering PROPERTY SUMMARY Cushman & Wakefield of Illinois, Inc has been retained by Ownership as the exclusive advisors in the sale of 1034 W Madison Street in Chicago, Illinois. The offering consists of a 15,000 SF Address 1034 W Madison Street, Chicago redevelopment site that currently includes 4 building totaling approximately 12,500 SF. 1034 W Madison Street is located in Chicago’s West Loop neighborhood and offers immediate Site Size 15,000 SF access to highways and ample public transportation options. The property features excellent visibility with 155’ of frontage directly on W Madison Street and is currently zoned DX-3. Zoning DX-3 (potential for 4.0 FAR) OVERVIEW N CARPENTER STREET STREET CARPENTER N W MADISON STREET CUSHMAN & WAKEFIELD | 1034 W MADISON STREET, CHICAGO 4 The Offering Project Highlights Premium Location - Located in Chicago’s West Loop Neighborhood, 1034 W Madison Street sits in the 25th Ward represented by Alderman Byron Sigcho Lopez. As one of the fastest growing neighborhoods in Chicago, the West Loop has and continues to, welcome various residential and commercial developments to the area. Along with being one of the top entertainment and dining districts in the city, the West Loop caters to residential, office, and retail demands. -
1000 W. Washington Boulevard | Chicago, IL 60607
Confi dential Offering Memorandum 1000 W. Washington Boulevard | Chicago, IL 60607 OFFERED BY: Danny Spitz Greg Dietz Michael Sieber Managing Director Managing Director Associate 312.275.3139 312.275.3125 312.275.3127 [email protected] [email protected] [email protected] BAUM REALTY GROUP, LLC ∙ 1030 W. CHICAGO AVENUE, SUITE 200 ∙ CHICAGO, IL 60642 ∙ 312.666.3000 ∙ WWW.BAUMREALTY.COM 1000 W. Washington Boulevard ∙ Chicago, IL Table of Contents SECTION I. EXECUTIVE SUMMARY ·Offering Summary · Investment Highlights ·Investment Summary SECTION II. THE PROPERTY ·Property Description ·Tenant Information ·Property Photographs ·Floorplan SECTION III. FINANCIAL ANALYSIS · Operating Proforma – In-Place ·In-Place Rent Roll SECTION IV. THE MARKET ·West Loop Market Overview ·Explosive Growth · History of the West Loop · Chicago Overview · Market Aerial Broad View ·Market Aerial Map ·Parcel Aerial Map SECTION V. DEMOGRAPHICS ·Demographic Ring Map ·Demographic Statistics CONFIDENTIALLY DISCLOSURE 2 | CONFIDENTIAL OFFERING MEMORANDUM SECTION I. Executive Summary CONFIDENTIAL OFFERING MEMORANDUM 1000 W. Washington Boulevard ∙ Chicago, IL Executive Summary The rarely available West Loop retail assemblage is bounded by three streets; Washington Boulevard, Morgan Street and Carpenter Street. The property is located 2 blocks from the Morgan Street CTA ‘L’ station and situated one block between Randolph and Madison Streets, which are home to the West Loop’s dining and nightlife. 1000 W. Washington Lofts is a six-story, 180-unit loft condominium building that features timber loft ceilings, hardwood fl oors and private balconies. The West Loop has undergone a tremendous transformation in the last ten years, transitioning from its industrial and manufacturing past to a vibrant 24-hour destination.