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Skyscrapers as a Business StrategyTrump International Hotel and Tower ChicagoTrump International Hotel and Tower ‐ Chicago
Mr. Eric TrumpMr. Andrew Weiss
The Trump Organization
© CTBUH Copyright
Trump International Hotel and Tower
“High Rise” b ildings s “s per tall” b ildings A “High Rise” buildings vs. “super tall” buildings. A developer’s perspective.
Define “Super Tall” – anything above about 80 stories or 800 feet of occupied space800 feet of occupied space
Some key attributes of the Super Tall:High visibility/profile;“out there” Icon or Albatross – no hiding.High Risk High Risk © CTBUH Copyrig
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Trump International Hotel and Tower
Basic Ingredients FeasibilitBasic Ingredients - Feasibility:
Central location, large site Motivation Vision – a need to make a pointMotivation, Vision a need to make a pointA Market for Multiple uses P iti E i O tl kPositive Economic Outlook
© CTBUH Copyright
Trump International
2 6 Million SFHotel and Tower
2.6 Million SF
90 Stories
486 Condos
339 Hotel & Spa condo units
42 000 SF Banquet - Rest42,000 SF Banquet - Rest
100,000 SF Retail
Multilevel River-walk Plaza
1000 Car garage© CTBUH Copyrig
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Trump International Hotel and Tower
Implementation - Challenges
Entitlements/ZoningComplex Design ProcessFinancinggEconomic CyclesConstruction Business Technology Logistics Construction – Business, Technology, Logistics Marketing multiple productsLong time frame – Phased Occupancy
© CTBUH Copyright
Trump International Hotel and Tower
Project Timeline Preconstr ctionProject Timeline – Preconstruction2000 – 2001 Preliminary concepts and schemes, select
Project team2002- Oct. 2003 Market studies, Preliminary designs, PUD , y g ,
approval, Preparation for vacating Sun Times building, g,
November 2003 Open sales office, start Condo marketing and salessales
April 2004 Complete schematic design, continue with CD’s© CTBUH Copyright
Trump International Hotel and Tower
Project Timeline Constr ctionProject Timeline – ConstructionNovember 2004 Start Demolition of Sun Times Building, lock in
financingJanuary-Nov 2005 Wabash Viaduct reconstructionyMarch 2005 Start caissons for the tower foundationJanuary 2006 Complete foundation and start superstructureJanuary 2006 Complete foundation and start superstructureApril 2007 Superstructure for Parking and Hotel complete
(Fl 29)(Fl 29)© CTBUH Copyrig
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Trump International Hotel and Tower
Project Timeline Phased Occ pancProject Timeline – Phased OccupancyJanuary 2008 Phase One hotel opening to 28th Floor
Concrete structure reaches Floor 51, exterior envelope Floor 40.
June –Aug 2008 Phase Two – Low Rise residential occupancy Floors 29-49.
August 2008 Superstructure tops out at 92nd Floor (Roof)Feb to June 2009 Phases for Hi Rise residential occupancy Floors Feb to June 2009 Phases for Hi Rise residential occupancy Floors
51-89. Exterior hoist removal completed.O t b 2009 P j t l tOctober 2009 Project complete.
© CTBUH Copyright
Trump International Hotel and Tower
Phased Occ panc ElementsPhased Occupancy – ElementsDesign goal: A series of fully functional buildings stacked g g y gon top of each other;
Permanent utilities Permanent utilities Modular life safety systems HVAC, Electrical and Plumbing Lobbies, stairways, elevators Buffer floors© CTBUH Copyrig
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Trump International Hotel and Tower
Phased Occ panc ElementsPhased Occupancy – ElementsPlanning Process:g
Local codesPlanning and logistical setupPlanning and logistical setupEarly dialogue with AuthoritiesIdentify key issues of concernAddress concerns in early designy gMaintain Flexibility for unexpected concerns© CTBUH Copyrig
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Trump International Hotel and Tower
Implementation Req irementsImplementation Requirements:Construction and logistics;g
Management and OrganizationMeans, methods and logistics Trade contractors involved;Trade contractors involved;Initial (and each subsequent) occupancy requires completed package;Building envelope must eliminate intrusion of water, air, dirt and dust;MEP and FP systems complete and operational by phase;Staircases and fire separation occupied and buffer floors. Special provisions for “hoist” areas of occupied floors;Special provisions for hoist areas of occupied floors;Two separate (Construction and Operations) access and loading areas must be created and security/safety separation maintained;Emergenc proced res and comm nication protocolsEmergency procedures and communication protocols.Liaison and close communications with local authorities
© CTBUH Copyright
Trump International
Hoist Phasing Logistics
Hotel and TowerHoist Phasing Logistics
Phase One – Parking Not Used
© CTBUH Copyright
Trump International
Hoist Phasing Logistics
Hotel and TowerHoist Phasing Logistics
Phase Two – Hotel Below 27M
© CTBUH Copyright
Trump International
Hoist Phasing Logistics
Hotel and TowerHoist Phasing Logistics
Phase Three – Lower Condo to 49
© CTBUH Copyright
Trump International
Hoist Phasing Logistics
Hotel and TowerHoist Phasing Logistics
Phase Four – Upper Condo to 72
© CTBUH Copyright
Trump International
Hoist Phasing Logistics
Hotel and TowerHoist Phasing Logistics
Phase Five – Upper Condo Complete
© CTBUH Copyright