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Presentation to the Ravenswood Community Planning Committee November 17, 2011

Ravenswood Station Presentation

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Page 1: Ravenswood Station Presentation

Presentation to the Ravenswood Community Planning Committee November 17, 2011

Page 2: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Aerial  View  of  the  Site  

125,478  SF 161,003  SF

Page 3: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Page 4: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Ravenswood  Station  Plan  Evolution    

-­Decreased  Density  -­Simplified  Planning  

-­Financeable  Project  Profile  -­L.E.E.D.  Sensitive  

-­Enhanced  Architecture  -­On-­Site  Traffic/Parking  Distinction  

-­Self  Contained  Traffic  Pattern  

Page 5: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Northwest  view  from  Lawrence  Avenue  

Page 6: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Aerial  View  of  the  Site  

Page 7: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Aerial  View  of  the  Site  

125,478  SF 161,003  SF

Page 8: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Site  Plan/Ground  Level  Plan  

Retail Summary: 1st      Floor:   50,841  SF  2nd    Floor:   72,820  SF  Total:                                123,661  SF

Parking Summary: Surface:   165  Stalls  Roof:   200  Stalls  Total:   365  Stalls

Page 9: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Second  Level  Plan  

Page 10: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Third  Level  Plan  

Page 11: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

 Arlington  Heights  

Page 12: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

 

Page 13: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Northwest  view  from  Lawrence  Avenue  

Page 14: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Existing  West  View  along  Lawrence  Avenue  

Page 15: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Proposed  West  View  along  Lawrence  Avenue  

Page 16: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Existing  East  View  along  Lawrence  Avenue  

Page 17: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Proposed  East  View  along  Lawrence  Avenue  

Page 18: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Proposed  View  along  Lawrence  Avenue  

Page 19: Ravenswood Station Presentation

Chicago,  Illinois    |    November 17, 2011 Barrett & Porto, Real Estate | The Taxman Company | Sierra US | Sears Roebuck & Co. | Antunovich Associates  

Economic  Benefits  

Economic Benefits

Job creation 156 construction related jobs

200 full-time retail-related jobs

Municipal sales tax generation Increase in annual sales tax to the City of Chicago

Property tax generation Increase in annual property taxes to the City of Chicago

New high-end grocer for the neighborhood

Reactivate a long-vacant site , opening spring 2013

Environmentally sustainable design

Stimulate other new neighborhood investment

Page 20: Ravenswood Station Presentation

November 17, 2011 Antunovich Associates Architects,  Planners  

Page 21: Ravenswood Station Presentation