这是芝加哥循环中陷入困境的建筑工地“ Block 37”的比赛。就在今年秋天第一批零售租户准备开幕日一样,由美国银行公司领导的贷方联盟发起了针对开发商Joseph Freed和Associates LLC的丧失抵押品赎回权诉讼。

Block 37 shopping mall’s opening is threatened by a last-minute lawsuit.
Photo: Tudor Van Hampton / ENR
Block 37 shopping mall’s opening is threatened by a last-minute lawsuit.
Chicago’s Times Square Situated in the heart of State Street, the project was decades in the making.
Image: Freed & Assoc. LLC
Chicago’s Times Square Situated in the heart of State Street, the project was decades in the making.
卡车填充时间定时使用循环的交通信号,每3.5分钟更改一次。
照片:Gensler
卡车填充时间定时使用循环的交通信号,每3.5分钟更改一次。

10月21日提起诉讼的诉讼申请释放的赔偿金超过1.285亿美元,这是一笔2.05亿美元的建筑贷款。它还要求法院任命接收者管理财产并完成项目。Freed称该诉讼为“可能阻止该项目的误导行动”,并计划进行积极的斗争。

弗里补充说:“一旦关闭,这个项目将几乎不可能重新开始。”他指出,租赁了70%的空间。市长理查德·戴利(Richard M. Daley)(D)与贷方会面,希望在各方之间进行妥协。同时,建设仍在继续。

该诉讼是最新的绊脚石,可以提高复杂的发展。该诉讼介绍了一个60店的零售企业,位于108 N. State St.一个带有五层楼中庭的封闭式购物中心,是混合使用,多相开发的第二组。由芝加哥珀金斯 +威尔(Perkins + Will)的拉尔夫·约翰逊(Ralph Johnson)设计的16层办公楼,于2008年6月开业。

Many Lives, Many Masters

37岁的街区的商业转型formerly the last undeveloped site in the Loop, has been a long time coming. Block 37 is one of the original 58 blocks on an 1830 survey, drawn up three years before the city was incorporated. Bordered by State, Washington, Dearborn and Randolph streets, Block 37 is in the thick of the action, near Marshall Field’s flagship department store, now Macy’s, and other attractions.

1989年,整个块被清除,除了an active electrical substation in the center of the Dearborn Street side, to make way for bigger dreams. But the demolition was premature: For more than a decade, the 2.7-acre site lay mostly idle. Several grand plans were announced with fanfare and then abandoned, mostly for financial reasons. Meanwhile, Block 37 served as an ice-skating rink in winter and as an outdoor art gallery in summer.

In 2005, the site was sold to Mills Corp., Chevy Chase, Md. The first phase consisted of an office building, retail mall and underground railway superstation that would connect Chicago Transit Authority’s Red and Blue train lines to add high-speed transportation and baggage check-in to O’Hare and Midway airports. Tunnel work began but was put on hold due to cost escalation, and CTA is seeking a private partner to finish it. A hotel or condominium tower also was planned for the second phase.

Mills sold the office and residential rights to Chicago’s Golub and Co. and kept the retail portion. Construction began, with Chicago’s W.E. O’Neill as general contractor and Thornton Tomasetti Inc. as structural engineer. Mills then fell into financial and legal troubles, prompting it to sell Block 37 interests to Freed. A lawsuit on other matters transferred residential rights to Freed as well.

When Freed took over in spring 2007, Golub’s building was nearing completion, but the retail center was not so far along. Stepping into a work in progress was fun though challenging, says Freed President Larry Freed. “While the Mills Corp. was a public company and, by nature, took a more transitional approach, Freed is a private company that values long-term project ownership,” he says.

Accordingly, the developer “elected to make certain changes,” Freed says, including upgrading finishes. Freed added a green roof, which architect Grant Uhlir of Gensler’s Chicago office suggested in the first place. Mills had vetoed it.

The retail center spans the State Street side, standing four stories above grade. Four underground levels include parking, train platforms and a long-closed...