58-, 51-STORY TOWERS FOR CHICAGO’S WEST LOOP
58-, 51-STORY TOWERS FOR CHICAGO’S WEST LOOP
Related Midwest hopes to build 58- and 51-story towers housing residences and a hotel in Chicago's Fulton Market Meatpacking District, also known as the West Loop, but residents are worried area infrastructure can't handle it, the Chicago Tribune reports. The West Loop is already home to Google and other big companies, and this is what is attracting apartment and condominium developers. Related Midwest hopes to break ground on its project by mid 2019. The plan calls for a 58-story residential and hotel tower at 725 West Randolph Street designed by Connecticut-based Roger Ferris and Partners, plus a 51-story condominium tower at 170 North Peoria Street designed by Morris Adjmi Architects of New York City.
AUSTRALIAN DEVELOPER LAUNCHES PROJECT IN HOUSTON
The Houston Business Journal reports an Australian company, Caydon Property Group, is planning its first U.S. apartment-tower project, a 27-story luxury high rise in midtown Houston. The Midtown, as it has been named, will offer 357 units, with a mix of studios and one- and two-bedroom apartments. Common-area amenities will include a private pool with swim-up bar, a fitness center with yoga studio and a sky lounge overlooking the city. The US$200-million development will also have 12,000 sq. ft. of retail space and a parking garage with space for 482 cars. The 1.15-acre site at 2850 Fannin Street is near park and transit facilities. The project was designed by Houston-based Ziegler Cooper Architects and is targeted for completion in 2019.
JAPANESE COMPANY DEVELOPING TOWER IN CAMBODIAN CAPITAL
A Japanese company has unveiled plans for the World Trade Center Phnom Penh (WTCPP), a 23-story mixed-use tower in the Cambodian capital, the Phnom Penh Post reports. The US$65-million project, planed for the city's Tuol Tompong neighborhood, will include offices, retail stores and a hotel within its 43,724 m2, which developers say will create a vibrant hub of commercial space in the quiet, residential enclave. Kazuya Urata, CEO of developer WTCPP Management Co. Ltd., said the project aims to improve cross-cultural relations between Japan and Cambodia, adding his ultimate goal is to "help the Cambodian people build top-quality high-rise buildings on their own."
MAN CRITICALLY HURT IN ELEVATOR SHAFT FALL
A man was in critical condition after falling two floors down an elevator shaft at a court facility in Cape Town, South Africa, IOL reports. Paramedics were called to the scene about 5 p.m. on January 30 and found the 40-year-old man lying at the bottom of the shaft. Using the shaft's service ladder, the rescuers were able to get to the man and lift him out of the pit. He was taken by ambulance to a hospital. Authorities were continuing to investigate what led to the man's fall.
