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Chicago Repositioning & Adaptive Reuse

Transforming Yesterday’s Buildings for Tomorrow’s Demands

Event Ended On: Wednesday July 25 2018

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Event Host

Events Raw Space

1006 S. Michigan

1006 S. Michigan is a stunning 7 story vintage terra cotta loft office building, constructed in 1904 and located in Chicago’s booming South Loop and overlooking Grant Park. The building totals over 70,000 ft of renovated, first class office space with high ceilings and excellent natural light. The tenant current roster includes architects, designers, artists, medical and other professionals and financial service firms. The first floor of the property contains the sales showroom for the 1000M condominium development directly to the North. The property is currently undergoing a complete renovation and is offering office suites ranging from 1,300-24,000 ft with elevator identity and Grant Park views.

Speakers and Panels

Value Engineering

Value Engineering in Repositioning Projects in Pursuit of Higher Returns

Randy Waites

Randy Waites

Principal, Avison Young

Future Proofing Repositioning Projects

Venue

1006 S. Michigan
1006 S. Michigan Avenue
Chicago Il. 60605

Floor: 3rd Floor


Parking Information:

Paid parking is available in the neighborhood lots.

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Agenda

Time Activity
9:00 AM
9:45 AM
Mixed-Use Repositioning Projects
Outperforming Class-A Stock
9:45 AM
10:30 AM
Repositioning for Tomorrow
Exceeding User Experience Expectations
10:30 AM
11:00 AM
Post-Game Schmooze
July 26 Activity
7:30 AM
9:00 AM
Breakfast & Networking
30 More Minutes of Networking!!

Summary

1) Given the demand for repurposed space with the allure of legacy is so strong, how are developers ensuring that historic buildings are modernized while preserving key characteristics?

2) What strategies have investors adopted to generate higher returns in their most successful redevelopment projects to date?

3) What kind of amenities do modern tenants want in turn-of-the-century buildings and how can you modernize buildings successfully?

4) In repositioning projects, what mix of tenants do Chicago’s notable developers see as the best outcome for a repositioning project?

5) From a construction perspective, how are innovative solutions enabling developers to do more with historic buildings than ever before?