Press Release

Total Page：16

File Type：pdf, Size：1020Kb

PRESS RELEASE UNION PENSION FUND MAKES $70 MILLION INVESTMENT IN LAKESHORE EAST LAND Chicago (January 2006) - - MJ Partners Capital Services announces that The AFL-CIO Building Investment Trust, a Union Taft Hartley Pension Fund, has placed a $70,000,000 first mortgage investment in Chicago’s Lakeshore East Residential land development overlooking Lake Michigan, the Chicago River, Navy Pier, Millennium Park and Grant Park. Lakeshore East, a joint development by Chicago-based Magellan Development Corporation and Near North Properties, is a 28-acre “Village-in-the-City” master planned development by Skidmore Owings and Merrill. Lakeshore East will contain up to 9.7 million gross square feet of development including up to 4,900 residential units, hotels, office and retail space. Special amenities include an award-winning six-acre public park and public elementary school. Two residential structures have already been completed including The Lancaster, a 207- unit condominium building 90 percent sold out; and, The Shoreham a 550- unit apartment building nearing completion is already 30% preleased. In addition, under construction is the Regatta a 324-unit condominium building with 80 percent in presales, and 340 on The Park, a joint venture with LR Development, a 340-unit luxury condominium building are under construction. David Carlins, Vice-President of Magellan Development confirmed the closing of the land financing as well as a $40 million equity investment last year with The Building Investment Trust-AFL-CIO for the Shoreham apartment building. The Investor was represented by John Tung of Cornerstone Advisors. Dennis R. Nyren, Principal with MJ Partners Capital Services represented the developer. Chicago based-MJ Partners is a market leader in providing a complete range of commercial real estate brokerage services and financing. We are a relationship-based, technically-advanced team of sophisticated real estate professionals. For more information, visit the company website at www.mjpartners.com. __________________________________________________________________________________________________________ 150 South Wacker Drive - Suite 450 - Chicago, Illinois 60606 312.726.5800 T - 312.726.2905 F - www.mjpartners.com .

Copy Link

Recommended publications

High Rise Agreement by and Between Apartment
FOR ABOMA MEMBER USE ONLY Apartment Building Owners and Managers Association of Illinois HIGH RISE AGREEMENT BY AND BETWEEN APARTMENT BUILDING OWNERS AND MANAGERS ASSOCIATION OF ILLINOIS and SERVICE EMPLOYEES INTERNATIONAL UNION LOCAL 1 Residential Division for the period DECEMBER 1, 2014 THROUGH NOVEMBER 30, 2017 Covering Head Janitors and Other Employees as specified in Article II, Section 1(g) who are employed in ABOMA Member High Rise (Fireproof) Buildings who have authorized ABOMA to include them in this agreement. ABOMA Presidential Towers 625 West Madison Street Suite 1403 Chicago, Illinois 60661 Phone: (312) 902-2266 FAX: (312) 284-4577 E-mail: [email protected] Web site: aboma.com Apartment Building Owners and Managers Association of Illinois ABOMA SEIU LOCAL 1 JANITORIAL COLLECTIVE BARGAINING AGREEMENT OVERVIEW OF CHANGES EFFECTIVE DECEMBER 1, 2014 JANITORIAL EMPLOYEES—HIGH RISE BUILDINGS Pages I through III is an Overview of the changes in the terms, wages and benefits which become effective December 1, 2014 in the High Rise Agreement by and between ABOMA and Building Services Division of SEIU Local 1 for the period beginning December 1, 2014 through November 30, 2017 Covering Head Janitors and Other Employees as specified in Article II, Section 1(g) who are employed in ABOMA Member High Rise (Fireproof) Buildings who have authorized ABOMA to include them in this agreement. Please reference the full CBA to fully understand the language changes highlighted in the Overview-pages I through III This agreement does not cover non-member buildings or Member Buildings who have not authorized ABOMA to include them in the negotiations or the resulting contract.
[Show full text]
CTBUH Journal
CTBUH Journal Tall buildings: design, construction and operation | 2008 Issue III China Central Television Headquarters The Vertical Farm Partial Occupancies for Tall Buildings CTBUH Working Group Update: Sustainability Tall Buildings in Numbers Moscow Gaining Height Conference Australian CTBUH Seminars Editor’s Message The CTBUH Journal has undergone a major emerging trend. A number of very prominent cases transformation in 2008, as its editorial board has are studied, and fundamental considerations for sought to align its content with the core objectives each stakeholder in such a project are examined. of the Council. Over the past several issues, the journal editorial board has collaborated with some of the most innovative minds within the field of tall The forward thinking perspectives of our authors in building design and research to highlight new this issue are accompanied by a comprehensive concepts and technologies that promise to reshape survey of the structural design approach behind the the professional landscape for years to come. The new China Central Television (CCTV) Tower in Beijing, Journal now contains a number of new features China. The paper, presented by the chief designers intended to facilitate discourse amongst the behind the tower structure, explores the membership on the subjects showcased in its pages. groundbreaking achievements of the entire design And as we enter 2009, the publication is poised to team in such realms as computational analysis, achieve even more as brilliant designers, researchers, optimization, interpretation and negotiation of local builders and developers begin collaboration with us codes, and sophisticated construction on papers that present yet-to-be unveiled concepts methodologies.
[Show full text]
Typologies and Evaluation of Outdoor Public Spaces at Street Level of Tall Buildings in Chicago
TYPOLOGIES AND EVALUATION OF OUTDOOR PUBLIC SPACES AT STREET LEVEL OF TALL BUILDINGS IN CHICAGO Abstract Authors Zahida Khan and Peng Du Outdoor public spaces are key to human interactions, promoting Illinois Institute of Technology public life in cities. The constant increase in world population has led Keywords to increased tall urban conditions making the study of outdoor public Public spaces, tall buildings, urban forms, rating system spaces around tall buildings very popular. This paper outlines typol- ogies for outdoor public spaces occurring at street level of tall build- ings in downtown Chicago, the birthplace of skyscrapers and an ideal case study for an American city. The study uses online data archives, Google Maps, and on-site surveys as research techniques for the analysis. The result depicts around 50% of all the tall buildings in Chicago foster public life at its street level through public spaces. The other key finding is the outline of seven typologies based on their position around the tall building. Further, a comparative analysis is conducted using one example of each typology based on three crite- ria adopted from ‘Project for Public Spaces,’ namely (1) Accessibility; (2) Design and Comfort, and (3) Users and Activities. Prometheus 04 Buildings, Cities, and Performance, II Introduction outdoor public spaces, including: (A) Accessibility, (B) Design & Comfort, (C) Users & Activities, (D) Environ- Outdoor public spaces at street level of tall buildings play mental Sustainability, and (E) Sociable. The scope of this a significant role in sustainable city development. The research is limited to the first three design criteria since rapid increase in world population and constant growth of the last two require a bigger timeframe and is addressed urbanization has led many scholars to support Koolhaas’ for future research.
[Show full text]
Introduction 2019-2022 Doormen Agreement.Pub
FOR ABOMA MEMBER USE ONLY Issued November 2019 Apartment Building Owners and Managers Association of Illinois COLLECTIVE BARGAINING AGREEMENT BY AND BETWEEN APARTMENT BUILDING OWNERS AND MANAGERS ASSOCIATION OF ILLINOIS and SERVICE EMPLOYEES INTERNATIONAL UNION, LOCAL 1 PROPERTY SERVICE DIVISION for the period DECEMBER 1, 2019 THROUGH NOVEMBER 30, 2022 Covering Doorstaff, Receiving Room Employees and Others as defined in Article I INTRODUCTION This booklet is exclusively for the use of ABOMA Members and contains the following: • Pages 1 through 27 Full Collective Bargaining Agreement by and between ABOMA and SEIU Local 1, Property Service Division Covering Doorstaff Receiving Room Employees and Others as defined in Article I for the period of December 1, 2019 through November 30, 2022 • Page 24 Letter of Agreement – Drug and Alcohol Policies • Page 25 Letter of Agreement – Subcontracting • Page 26 and 27 Memorandum of Agreement relating to Sub contracting and sample of Contractor DSMOA SCHEDULE A Pages 1-3 (NIPF) The Buildings (Employers) identified in Schedule A of this Agreement shall contribute for all regular Employees to the SEIU National Industry Pension Fund (hereinafter referred to as the "NIPF") in order to provide retirement benefits for eligible Employees in accordance with the terms of the NIPF. SCHEDULE B Pages 1-3 (401K Pension Savings Plan) The Buildings (Employers) identified in Schedule B of this Agreement shall contribute for all regular employees to the SEIU Local 1 401(k) Savings Plan in order to provide retirement benefits for eligible Employees in accordance with the terms of the 401(k) Plan. SCHEDULE C Page 1 (DSMOA NIPF) The Buildings and sub-contractors (Employers) identified in Schedule C of this Agreement shall contribute for all regular Employees to the SEIU National Industry Pension Fund (hereinafter referred to as the "NIPF") in order to provide retirement benefits for eligible Employees in accordance with the terms of the NIPF.
[Show full text]
0 Multi-Row Boundary-Labeling Algorithms for Panorama Images
0 Multi-Row Boundary-Labeling Algorithms for Panorama Images Andreas Gemsa, Karlsruhe Institute of Technology Jan-Henrik Haunert, University of Osnabruck¨ Martin Nollenburg¨ , Karlsruhe Institute of Technology Boundary labeling deals with placing annotations for objects in an image on the boundary of that image. This problem occurs frequently in situations where placing labels directly in the image is impossible or produces too much visual clutter. Examples are annotating maps, photos, or technical/medical illustrations. Previous algorithmic results for boundary labeling consider a single layer of labels along some or all sides of a rectangular image. If, however, the number of labels is large or the labels are too long, multiple layers of labels are needed. In this paper we study boundary labeling for panorama images, where n points in a rectangle R are to be annotated by disjoint unit-height rectangular labels placed above R in K different rows (or layers). Each point is connected to its label by a vertical leader that does not intersect any other label. We present polynomial time algorithms based on dynamic programming that either minimize the number of rows to place all n labels, or maximize the number (or total weight) of labels that can be placed in K rows for a given integer K. For weighted labels, the problem is shown to be (weakly) NP-hard, and we give a pseudo-polynomial algorithm to maximize the weight of the selected labels. We have implemented our algorithms; the experimental results show that solutions for realistically-sized instances are computed instantaneously. Further, we have also investigated two-sided panorama labeling, where the labels may be placed above or below the panorama image.
[Show full text]
Return of Organization Exempt from Income
efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493044014615 Return of Organization Exempt From Income Tax OMB No 1545-0047 Form 990 Under section 501 ( c), 527, or 4947 ( a)(1) of the Internal Revenue Code ( except private foundations) 2O1 3 Do not enter Social Security numbers on this form as it may be made public By law, the IRS Department of the Treasury Open generally cannot redact the information on the form Internal Revenue Service Inspection - Information about Form 990 and its instructions is at www.IRS.gov/form990 For the 2013 calendar year, or tax year beginning 07-01-2013 , 2013, and ending 06-30-2014 C Name of organization B Check if applicable D Employer identification number LOCAL 1 HEALTH FUND F Address change 36-2525603 Doing Business As F Name change 1 Initial return Number and street (or P 0 box if mail is not delivered to street address) Room/suite E Telephone number 1211 WEST 22ND STREET NO 406 p Terminated (630)288-6868 (- Amended return City or town, state or province, country, and ZIP or foreign postal code OAK BROOK, IL 60523 1 Application pending G Gross receipts $ 191,872,448 F Name and address of principal officer H(a) Is this a group return for CARLROCCONI subordinates? (-Yes No 1211 WEST 22ND STREET OAK BROOK IL 60523 H(b) Are all subordinates 1Yes(-No included? I Tax-exempt status F_ 501(c)(3) F 501(c) ( 9 I (insert no (- 4947(a)(1) or F_ 527 If "No," attach a list (see instructions) J Website : - N/A H(c) Group exemption number 0- K Form of organization 1 Corporation F Trust F_ Association (- Other 0- L Year of formation 1963 M State of legal domicile IL Summary 1 Briefly describe the organization's mission or most significant activities PROVIDE HEALTH BENEFITS w 2 Check this box Of- if the organization discontinued its operations or disposed of more than 25% of its net assets 3 Number of voting members of the governing body (Part VI, line 1a) .
[Show full text]
Expand Your Options. Start Here
NILES DECEMBER10, 2009 * A PIONEER PRESS PUBLICATION * WWW.NILESHERALDSPECTATOR.COM * $200 THiS WEEK DIVERSIONS OUT ON THE TOWN "The Princess and the Frog" is featured in this week's Film Clips. SEE PAGE B2 FOOD LESSONS IN LOVE How cut-out cookies teach the Hanukkah story. SEE PAGE 26 ) Inside! toda9 homes The Arlingtones sing holiday carols during Nues Public Look forit in thece,,terof BARBERSHOP BUNCH Library's Christmas Open House on Saturday. PAGE 10 Sea rchChicngo-Au tos (Suzanne Tennant/Staff Photographer). Expandyouroptions. Start here. Spring Classes begin January 19,2010. 9OE-VLO9 11 SITh Apply and register online IS NO.I>ID !0059 .LSIcI AJ8I1 3fl8fld S!flIN wwwoakton.edu .LSIcJ A19I1 Dfl8fld S11Th) Oakton u T000000 80D 'r99SI Des PlaincsSkokic847.635.1629 13' ConiniunityCollege 50O-O,i.LD -Dsi -I 2 www.pioneerlacal.com NITHURSDAY,DECEMBER1O,2009 ewsi PACE 3 Coi«Acî: Matt Schmitz, Assistant Managing Editor p: 708.524.4433e: [email protected] 4V Maybe beingafamily business explains NILES PUBLIC LIBRARY why working withusfeels like family. G1enriewteen charged'Not much change' on tax bills despite Guided by a human touch for i 54 years, Baird & Warner contiñuesto be committed to withmurder of training and coaching, making sure our professionals teen are the very best in the business. A 16-year-old from Glen- The car clipped one of De 1.5 percent levy cut With all of our amazing selling tools, none ismore amazing than our people. view is now charged as anLa Terre's friends, from adult with first.-degrce mur- Glonview, who wasn't sosi- By TONY RERTUCA dei; accused ofrunning overously injured, then did, aU- tlsertuca@pioneerloCal,coffl "Our major expenses another teen outside Golfturn omnd ran over Dc La Mill Shopping Center inTorre, according to police, Niles Public Library will thi.syear will be in decrease its tax levy by i.5 lIiles in a dispute over a girl.who said the car was tray- the area oftechnolo-.
[Show full text]
Atlantis New York Group
Statement of Qualifications Atlantis New York Group Mixed Use & Residential Experience Table of Contents Section 1 – Introduction Section 2 – Contracting Methods Section 3 – National Mixed Use Project Experience Section 4 – National Residential Project Experience Prepared by: Bovis Lend Lease, Inc. Princeton Office 821 Alexander Road, Princeton, NJ 08540 Telephone +1 (609) 951 0500 Facsimile +1 (609) 951 0038 www.bovislendlease.com Firm Overview “At A Glance” Bovis Lend Lease The Bovis Lend Lease companies, formed through the merger of Bovis Group plc and Bovis Lend Lease Lend Lease Projects, have created an internationally established construction services Incorporated: August 8, 1925 specialist with true global capability and scale. The firm spanning in 40 countries and 8,700 employees employing over 8,000 employees, is owned by Lend Lease Corporation Limited, a publicly 36 countries traded company, one of the largest real estate investors in the world as well as a major funds manager and leading project management, construction and development company. Bovis Lend Lease Americas Bovis Lend Lease utilizes the latest technology to provide construction services for projects Over 2,500 employees, 21 Offices in numerous market sectors including residential. In the Americas, the firm operates locally $17 billion under management through its 21 principal and branch offices and countless project sites throughout North and South America. These are located in: $2 billion bonding capacity Project experience in 47 states Atlanta, Georgia Boston, MA Charlotte, NC 75% Repeat Client Business Chicago, IL Columbus, OH Dallas, TX Denver, CO Ithaca, NY Los, Angles, CA Las Vegas, NV Miami, FL Nashville, TN New York, NY Orlando, FL Princeton, NJ Raleigh, NC Richmond, VA San Francisco, CA Washington, D.C.
[Show full text]
Projects in the Midwest Region
1 Projects in the Midwest Region Principal Mutual Life Headquarters | Des Moines, IA Architect: Murphy/Jahn University of Iowa, Iowa Center for the Arts | Iowa City, IA Architect: Harrison & Abramovitz University of Chicago, South Campus Residences and Dining Hall | Chicago, IL Architect: Goody Clancy 150 North Riverside - LEED Gold Precertified | Chicago, IL Architect: Goettsch Partners 500 North Lake Shore Drive - LEED Silver | Chicago, IL Architect: Solomon Cordwell Buenz Majestic Harbor Resort | Gurnee, IL Architect: The Hnedak Bobo Group Grand Park Tower One | Chicago, IL Architect: Pappageorge Haymes Partner Left Bank Residential | Chicago, IL Architect: DeStefano + Partners Prairie House/Parcel G Condominiums | Chicago, IL Architect: DeStefano + Partners The Residences on Lake Shore Park (The Pearson - 250 East Pearson and The Belvedere - 270 East Pearson) | Chicago, IL Architect: DeStefano + Partners Thompson, Ventulett, Stainback & Associates Offices - LEED Gold Certified | Chicago, IL Architect: Thompson, Ventulett, Stainback & Associates Steelcase Showroom - LEED Gold Certified | Chicago, IL Architect: Shimoda Design Group Steelcase SPG Showroom - LEED Gold Certified | Chicago, IL Architect: Luce et Studio / Cubellis Ziegler - LEED Certified | Chicago, IL Architect: Solomon Cordwell Buenz Unicom Thermal Technologies, Columbus and Randolph Plant | Chicago, IL 2 2550 Lincoln Park - LEED Gold | Chicago, IL Architect: Lucien Lagrange / Solomon Cordwell Buenz 1233 North Wells - LEED Silver | Chicago, IL Architect: Hartshorne Plunkard
[Show full text]
Magellan Project Services
MAGELLANMAGELLAN PROJECT SERVICES An affiliate of Magellan Development Group COMPREHENSIVE EXP ERT-DRIVEN SERVICES Magellan Project Services provides consulting services to a wide range of clients utilizing its breadth of in-house, affiliate and service-bundling capa- bilities. Our team is uniquely positioned to maximize an asset’s value and offers comprehensive, expert-driven services. Our experienced resources execute our core services including development, architectural, construc- tion, master-planning, acquisition, re-zoning, financial structuring, property management, project marketing, and related professional services. Clients can engage Magellan for support in all areas or for a-la-carte services, based on their particular needs. Magellan Project Services is an affiliate of parent company, Magellan Devel- opment Group, one of the U.S.A’s largest developers credited for revitalizing urban neighborhoods. In addition to Magellan’s own resources, Magellan has formed a strategic alliance with leading architectural firm Brininstool, Kerwin and Lynch (BKL) and Korean general contractor Hanwha Engineer- ing & Construction. This alliance was created by Magellan to provide clients with the option to engage a fully integrated team that is capable of deliver- ing all major aspects of a project from design, development to construction depending such clients’ needs. Areas of Expertise: - Identify investment opportunities and maximize returns - Control every phase of a property’s development - Improve efficiency and value through effective design
[Show full text]
Official Press Release
Related Midwest Resumes Construction of 111 West Wacker Drive Re-Imagined to become Chicago’s Premier Luxury Residential Tower 60-story Building Represents Visible Recovery of Real Estate Market Media Contact: Ashleigh Wayland 312-768-4764 (o) / 703-582-2231 (c) [email protected] CHICAGO – Today, Related Midwest joined Governor Pat Quinn, Alderman Brendan Reilly of the 42nd Ward and Commissioner Andrew Mooney, of the Chicago Department of Housing and Economic Development, to officially commemorate the construction re-start of 111 W. Wacker Drive -- the site of the former Waterview Tower. Once completed, the site will house the premier rental property on the Chicago River between the Loop business district and bustling River North submarket. The Silver LEED designed tower will also bring more than 900 new construction jobs to Chicago, demonstrating a visible recovery in one of Chicago’s most prominent real estate locations. The development is scheduled to be complete in the Spring of 2014. “We are thrilled to restart construction on 111 W. Wacker Drive and transform this long looming eyesore into the premier luxury rental tower on the Chicago River,” said Curt Bailey, President of Related Midwest. “We are grateful for the partnership of Governor Quinn, Mayor Emanuel, Alderman Reilly and Commissioner Mooney in bringing this development to fruition and creating 900 new construction jobs. 111 W. Wacker continues Related Midwest’s rich tradition of market-defining developments and will become the next great addition to the Related rental portfolio representing the finest luxury residential properties in the country.” 111 W. Wacker is the site of the former Waterview Tower, planned to include a Shangri-La Hotel and luxury condominiums.
[Show full text]
ASHRAE 2018 Winter Conference January 20Th - January 24Th, 2018
ASHRAE 2018 Winter Conference January 20th - January 24th, 2018 ashrae.org/Chicago The Technical Program will take place at the Palmer House Hilton except for the AHR Expo Sessions, which will be held at McCormick Place on Monday, January 22, 2018. Updated December 13, 2017 Download the ASHRAE App by clicking the icon above to browse Programs, create a personalized schedule, and much more! Saturday, January 20 3:15 PM – 5:30 PM Keynote Plenary Debbie Sterling is the Founder and CEO of GoldieBlox, an award winning company on a mission to "disrupt the pink aisle" with toys, games, and media for girls. Debbie is an engineer, entrepreneur, and one of the leaders in the movement toward getting girls interested in science, technology, engineering, and math. She was named TIME’s "Person of the Moment,” Business Insider’s "30 Women Who Are Changing the World,” and was recently added to Fortune Magazine’s prestigious “40 Under 40” list. In early 2015, Debbie was inducted as a Presidential Ambassador for Global Entrepreneurship and honored by the National Women’s History Museum with a “Living Legacy” Award for her work to empower girls around the world. Debbie received her degree in Engineering at Stanford University in 2005. Sunday, January 21 Sunday, January 21, 8:00 AM - 9:00 AM Debate 1 (Intermediate) Building Automation System Graphics: Integrating Multiple Masters, Who Is the Boss? Track: Systems and Equipment Room: Adams Sponsor: 1.4 Control Theory and Application, 7.3 Operation and Maintenance Management Chair: Marcelo Acosta, P.E., Member, Armstrong Fluid Technology, Toronto, ON, Canada, Frank Shadpour, P.E., Fellow ASHRAE, SC Engineers, Inc., San Diego, CA and Larry Scholl Jr., Member, Automated Logic, Kennesaw, GA Building automation graphics are the users' primary interface with the system.
[Show full text]