| CCAC eNews is the monthly newsletter of the Chicago Central Area Committee. For more information about the CCAC or to inquire about membership, please contact Kelly O'Brien at (312) 602-5148 or kobrien@ccac.org.
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| Download the 2018 Meeting Calendar! The CCAC 2018 Meeting Calendar is ready to download in PDF format. The Calendar lists this year's dates and locations for our popular luncheon speaker series, hosted each month by a different CCAC member organization. (NOTE: Locations subject to change--see website for newest calendar. Meetings open to paid members and guests, only.)
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Share Your News with Us
Let us feature your newsworthy organizational stories here in CCAC eNews. Send them to Kelly O'Brien at (312) 602-5148 or kobrien@ccac.org.
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| CCAC Hears Ideas on Elevating Chicago Worldwide
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| CCAC would like to thank Don Resnick, Partner, Jenner & Block LLP, for hosting CCAC’s monthly luncheon on Tuesday, June 12th. The membership heard about how Chicago can create tourism igniters to elevate the City in worldwide conversation, from Lou Raizin, President, Broadway in Chicago and founder of two nonprofits called LUMA8 (Light Up My Arts) and Vamonde. LUMA8 is all about this intersection of arts, culture, and economic development. LUMA8 uses scale and lighting to reinvigorate existing structures. Vamonde is a mobile platform that guides visitors through Chicago's neighborhoods and takes a look inside the City's culture. Reminding the audience that Chicago is identified with Michael Jordan, Al Capone and high crime, Raizin shared that along with Laurence Geller and Bruce Rauner (before he became Governor), he started ChooseChicago, to change the perception of the City. While framing his remarks, Raizin said, “What I thought I would do is take you on a journey, it’s time for the intersection of arts, culture and economic development. We all know Chicago is a world-class city, however, the majority of the world doesn’t know this."
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| (L:R) Kelly O'Brien, Executive Director, CCAC; Don Resnick, Partner, Jenner & Block LLP; Lou Raizin, President, Broadway In Chicago; and Greg Hummel, Partner, Bryan Cave Leighton Paisner.
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| Lou Raizin, President, Broadway in Chicago, addressing the June 12th CCAC Luncheon audience.
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| Raizin stressed that attention is needed to: - Better inform the world about Chicago
- Build the tourism igniters
- Think iconic
- Create economic development
In addition to those goals, Raizin shared ideas for revitalizing the pedway system, creating light in various spaces, uplifting the Riverwalk, and introducing the skyline gondolas. The epicenter for tourism in the City is Lake Michigan, the Chicago River and Michigan Avenue. The City has invested roughly $110 million dollars in the Riverwalk. Raizin shared his idea of creating an "artist live-work-play zone" to be located around Cermak and the River. “By creating that opportunity for artists, they become a magnet for tourists, and that journey along the river becomes opportunity," Raizin stated. Another transformative idea involves the back wall of the Lyric Opera. Raizin suggested, “How about we put a performance barge in front of the wall at the Lyric Opera where the orchestra would play and another barge across the River for patrons? Images could be displayed on the building showing the magic and grandeur that happens at the Lyric every day. The audience is slowly dying off at the Lyric and this could be a way to show the power of the space.” Lighting Chicago has been a focus area for Raizin. He spearheaded the lighting plan for the City, ran an RFP and created an international competition to reimagine light in Chicago. He also challenged his team to think about the Willis Tower and 875 North Michigan (formerly the John Hancock Building) and the idea of the buildings talking to each other at night. A building to watch is the Merchandise Mart. CCAC member, the Mart, will be transformed over the next three months, with a $9 million-dollar permanent lighting installation on its back wall. Another space to watch is the pedway. While it is not currently a tourist attraction, it has the opportunity to become one. Working with the Environmental Law & Policy Center, Raizin and his team, are reimaging the way we can experience the underground walkways. “We can turn various spaces of the pedway into a library, create vibrant hallways to become a must-see thing in the city, create a digital art museum, and revitalize the space underneath Macy’s; all those things add value to unused real estate,” Raizin noted. Introducing another new idea, Raizin discussed the Skyline, an aerial gondola that flies across the Chicago River. “The pod for the Skyline holds 12 people on a journey down the River. Two of the most popular tourist attractions in Chicago are Navy Pier and Millennium Park. The gondola will connect them while providing breath taking views of the City. A study of this concept showed: - It can be completed without any City/State dollars
- It will likely add 1.4 million incremental visitors to the city on an annual basis
- Creates 8400+ direct and indirect jobs
The Skyline proposal was discussed at a City Club of Chicago luncheon and garnered interest and support from numerous publications. The group advancing this project is meeting with City residents and others for input. Once completed, many believe it will be “the coolest thing about the City.” Concluding his remarks, Raizin invited CCAC to engage and align with LUMA8, noting that an endorsement of projects would be great as well. It’s important for us to listen, understand and be sensitive to the issues of Chicago.”
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| June 12th CCAC Luncheon audience
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| Venue Change for July CCAC Luncheon Next CCAC Meeting: Tuesday, July 10, 2018 at Sterling Bay
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Andy Gloor
Managing Principal Sterling Bay
Bob Chodos Vice Chairman Newmark Knight Frank
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Sterling Bay 1330 W. Fulton Street Suite 800
Chicago, IL 60607
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| One on One with Andy Gloor
CCAC Board Member, Bob Chodos, Vice Chairman, Newmark Knight Frank, will moderate an exclusive conversation with Sterling Bay’s Managing Principal, Andy Gloor.
Sterling Bay is a leader in identifying and creating urban campus opportunities. They have earned the trust of lenders, brokers and tenants alike who have placed their confidence in Sterling Bay’s ability to deliver unprecedented developments. Companies like Google, McDonald’s, Uber and Hillshire Brands have turned to them to create exceptional headquarter space. The discussion will include:
• The Lincoln Yards Project – how it started and where it is heading?
• Fulton Market Corridor – how Sterling Bay envisioned this neighborhood years ago and how they affected its development?
• Where is the next new place in Chicago?
• What’s next for Sterling Bay outside of Chicago?
This will be an exciting venue as we will see firsthand, the convergence of the traditional developer platform with the millennial workforce of today and tomorrow. Prior to the meeting, if you have any questions you would specifically like to have addressed in this discussion, please send them to Bchodos@ngkf.com.
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| CCAC Presents 2017 Sprint Visions
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| (L:R) Kelly O'Brien, Executive Director, CCAC; Dawveed Scully, Skidmore, Owings & Merrill LLP; Malek Abdulsamad, Architect and Broker, Related Realty; Tyler Meyr, Principal, Forum Studio; Kerrie Mistry AIA, LEED AP, Architect, lothan van hook destefano Architecture; Andrew Broderick, AICP, Senior Associate, Perkins+Will; and Kevin Byrnes, MAI, President, Byrnes & Walsh, LLC.
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| In the fourth quarter of 2017, CCAC's Young Leaders participated in a charrette exploring how transportation can unlock economic development around the site for the proposed Obama Presidential Center. A final report and culmination video was created and can be found on CCAC's website. As a continuing effort of the Sprint, several Young Leader Sprint Team members, were invited by Kevin Byrnes, Chapter President of the Chicago Chapter of the Appraisal Group, to showcase highlights from the Sprint's final report. The speakers included: - Tyler Meyr, Principal, Forum Studio, (moderator)
- Dawveed Scully, Skidmore, Owings & Merrill LLP
- Malek Abdulsamad, Architect and Broker, Related Realty
- Kerrie Mistry AIA, LEED AP, Architect, lothan van hook destefano Architecture
- Andrew Broderick, AICP, Senior Associate, Perkins+Will
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| CCAC Executive Director Invited to Serve on Vision Zero Chicago Task Force
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| CCAC Executive Director, Kelly O'Brien, has been invited to serve as a member of the Vision Zero Chicago Downtown Task Force. Created by Mayor Rahm Emanuel, Vision Zero brings together the policies, partnerships, and technologies that prevent death and serious injury from traffic crashes. By working together, traffic deaths and life-altering injury, can be eliminated. The Vision Zero initiative builds a partnership between City leadership and the public to prioritize human life and the safety of our streets. The vision Zero Chicago Action Plan commits to reducing traffic crashes that cause death and serious injury through an equitable distribution of resources and inclusive community engagement. The goal of the Task Force is to inform the Downtown Plan by identifying strategies that work in the context of the downtown such as policy, design, and capital investment, or behavior change.
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| CCAC Young Leader Quarter 2 Event Highlights
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| (L:R) Jerry Quandt, Executive Director, Illinois Autonomous Vehicles Association; David Pennington, Managing Director, North American Infrastructure Banking Practice, BMO Capital Markets; P.S. Sriraj, Ph.D., Director of the Urban Transportation Center, Director of Metropolitan Transportation Support Initiative, University of Illinois at Chicago; and Ed Zotti, (Moderator), Transportation Specialist, CCAC.
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| (L:R) Malek Abdulsamad, Related Midwest; Penelope Campbell, Jenner & Block; Audience for CCAC Young Leader Transportation Event
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| On June 21st, the CCAC Young Leaders hosted its Q2 meeting which included a panel discussion titled, "The Future of Transportation in Chicago: Innovation, Impact and Implementation." CCAC would like to thank the event organizers, Penelope Campbell, Jenner & Block, Malek Abdulsamad, Related Midwest, and Will Press, The John Buck Company, all members of the Young Leader Executive Committee. The goal of the organizers was to assemble speakers to address new technologies and the shifts that will impact Chicago’s traffic and transportation systems, including its infrastructure, as well as the practicality of implementation.
The speakers included: - David Pennington, Managing Director, North American Infrastructure Banking Practice, BMO Capital Markets
- Jerry Quandt, Executive Director, Illinois Autonomous Vehicles Association
- P.S. Sriraj, Ph.D., Director of the Urban Transportation Center, Director of Metropolitan Transportation Support Initiative, University of Illinois at Chicago
- Ed Zotti, (Moderator), Transportation Specialist, CCAC
A robust conversation among the panelists touched on autonomous vehicles, congestion, tollways & toll roads, the fourth industrial revolution, ride-sharing services, mobility, the idea of "platooning"(which is a group of vehicles that can travel very closely together safely at high speed), millennials and how they will affect new technology, and cyberterrorism.
Special thanks to The John Buck Company for hosting this event in their newest property, 151 N. Franklin in downtown Chicago. Attendees appreciated the opportunity to tour space not yet open to the public including the rooftop terrace and potential leasing space.
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| Rooftop Terrace at 151 N Franklin
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| Interested in Participating in the CCAC Young Leader River Sprint?
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| Register today to participate in the CCAC Young Leader Event! The Sprint will kick off during the late afternoon on September 20. Teams will reconvene on September 28 and October 5. CCAC member, Perkins+Will, has agreed to host at its office in the Wrigley Building. Please mark your calendars and watch for more details. The CCAC Young Leaders 2018 Sprint will focus on creating a vision for the development of multiple sites along the Chicago River. The teams will be directed to integrate ideas inspired by equity, resiliency, and connectivity. In addition, each team will address job creation, real estate investment, transit connectivity, land use and open space planning, housing, and environmental improvement. Participants will get the opportunity to network with one another, utilize their professional expertise, and create a meaningful planning and design solution to address the City’s most pressing problems. Register today to participate in the sprint! For more information and to register, please e-mail Shalora Jasper, sjasper@ccac.org.
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| "Like Us" on Social Media! Connect with CCAC!
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| CCAC is active on social media including Twitter, LinkedIn, and Facebook. Please follow us on Twitter with our username @ChicagoCCAC or click the icon(s) below to be directed to our page. Please search for us on LinkedIn or Facebook under the name Chicago Central Area Committee!
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