It has been a pleasure to be a part of the team headed by Zaha Hadid to build one of the two temporary pavilions for Chicago. It was commissioned by the Burnham Plan Centennial Committee to celebrate the centenary of 1909 Plan of Chicago (also known as the Burnham Plan) and will be open to the public this year from June 19th to October 31st in the South Chase Promenade of Millennium Park. My firm, Thomas Roszak Architecture, is acting as local architect of record.
What a treat to be involved in something that is all about doing supremely good architecture. It is about commodity, firmness and delight. Capital D.
Zaha Hadid and her team, headed by Thomas Vietzke and Jens Borstelmann, are not only architects; they are equally artists and scientists. They worry about all the things that architects worry about, but raised to a higher degree. The natural shapes are not arbitrary or purely artful, they are strict and serious and inspirational and insanely beautiful. The designs are based on complex curved shapes where the inclination of the curves are pure mathematics and not based on digitizing scraps of cardboard or clumps of clay. Every available point in space on the site is thoroughly analyzed…should it be part of the building or not. What color should that point in space be, what texture should it have, should light touch it?
What I find the most interesting is the conquest to do the right thing with the information that is known. For example, early on when we all agreed to change the concept of the structure and materials, Zaha and her team insisted to re-think and test all of the concepts all over again. They did not just side step and make some unenergetic adjustments. A completely new (and better) building was created. It was clearly better and it gave us all chills when we knew we are a part of something world-class and super-cool. Looking back it was all part of a natural plot trajectory that this pavilion had to go through to get built and be the great design that it is. Daniel Burnham would be proud.
In February, I teamed with Accelerated Marketing Partners (AMP) and announced a real estate auction for Vetro, which would be Chicago’s first-ever high-rise real estate auction. We, in partnership with AMP and Baird & Warner Residential, set out to sell 40 luxury residences at the March 7 auction for Vetro.
In an overwhelming response that determined market value for luxury homes in downtown Chicago, we sold 45 homes – five more than we anticipated – totaling more than $12 million of real estate sales in just under two hours. Moreover, we sold enough homes to qualify for FHA financing.
In less than one month since the auction, we have accepted 23 deals at these newly established price points.
See NBC's Marion Brooks exclusive coverage of the auction:
Banks have helped our related companies on our past development projects, and now it is time for us to help your bank. We can provide creative and effective workout solutions for special assets, and we can manage the entire process as part of your bank’s team.
TR Management, Inc, is a Real Estate Consulting and Project Management firm with real world experience. Our firm has been closely involved in the design, construction, development, financing, marketing and management of commercial and residential real estate for the past twenty years with a development value in excess of $1 billion.
Our firm can help your real estate workout team in the following capacities:
• Comprehensive Project Management • Construction Document and Cost Review • Budget and Construction Draw Reconciliation • General Contractor Interface and Progress Reporting • Cost to Complete Reporting • Capital Reserves Estimates and Property Condition Reporting • Punch-list Management and Completion • Accessibility Compliance • Architectural Work • Conversions (condo-to-rental and rental-to-condo) • Unit Modifications • Unit Closing Management • Condo Association Interface • Risk Analysis and Due Diligence • REO Analysis and Loss Management • Lease-up Management • Marketing, Inventory Sellout and Liquidation
Our team includes architects, engineers, attorneys, accountants, marketers, and construction field personnel that can address any need you may have. With meticulous attention to detail, we can setup quickly, and provide prompt results anywhere in the country. Call us to discuss how we can help you. I can be reached at 847-208-7074 or thomas@roszakadc.com
Best Regards,
Thomas Roszak, AIA Sole Member TR Management and Consulting, LLC
In light of today's uncertain economic climate and the troubling state of the real estate market, it is a challenging environment to sell residential condominium homes. I have teamed with Accelerated Marketing Partners to conduct an auction of 40 homes at Vetro.It is difficult to break the stalemate between buyers and developers with respect home prices. By having an auction, we are providing a transparent sales process that enables the buyer to determine the market value for the homes. We trust the market to conduct their due diligence and are willing to accept the price that they deliver on Auction day. We want Vetro to be a fully sold and stable building for our homeowners and see this auction as an opportunity to achieve that goal.The Chicago Tribune wrote about the Vetro auction today and our move to jump-start sales in Chicago.
Vetro Real Estate AuctionSat., March 7 at 1 p.m.W Chicago Hotel – City Center, located at 172 West Adams Street in downtown Chicago.
Sales center & model homes are open daily through March 6 at 611 S. Wells in the Printers Row district.Call 312.675.0601 or visit http://www.vetrochicago.com
The concept of New Urbanism is on the rise in metro areas across the country. While advocates have been touting its benefits for several years now, rising gas prices just might help New Urbanism gain the momentum it needs.
For those not familiar with the concept, New Urbanism is a way of designing more self-contained communities so people travel less and can use alternate means of transportation for their daily needs. New Urbanism starts with a busy central business district, like Chicago’s Loop, with surrounding areas designed to minimize the challenges of transportation from high density to low density. Communities are walkable and bicycle friendly, encouraging less driving but still accessible by car. The key is to accommodate all types of transportation.
You see this concept growing in Chicago’s River South neighborhood – where Vetro is located – as the community becomes more pedestrian-friendly thanks to cores of businesses, services and entertainment. For example, the abundance and variety of shopping and services along Roosevelt mean residents don’t have to leave the neighborhood to get their errands done. The community also scores high marks for public transportation options. New Urbanists cite studies that people are most likely to take mass transit if it’s within a quarter-mile of their home. Within this radius River South residents can catch six different El lines, a suburban commuter train, and several bus lines.
With rising gas prices and concerns about the environment, developers can band together to do their part by planning communities that encourage a New Urbanism lifestyle. Our customers will thank us for it.
