Location : Upper East Wacker Drive, Chicago
Price Range : $ 1M – $ 18M
New Comstruction 93 Story Luxury Tower
Poised to become the Windy City’s third tallest building, the 93-story Vista Tower project by Chicago architect Jeanne Gang is preparing to officially commence sales beginning on April 4th. ( Schedule Appointment Now! )
The combination hotel/condo tower is a joint venture between Magellan Developm ent Group and the Dalian Wanda Group of China and will feature 405 luxury units. The new sales center will offer new state of the art visualization experience.
While the first 12 floors of the Vista Tower will be occupied by a yet-to-be-announced hotel operator, floors 13 through 93 will be dedicated to the building’s residents. Unlike Chicago’s other upcoming taller residential luxury towers like One Bennett Park, 113 E Roosevelt, and 1000M, Vista Tower will be purely condominiums with no rental component whatsoever.
Units are offered in configurations that include 1, 2, 3, and 4 bedrooms with prices starting at $1 million. Floors 71 through 91 will be occupied by full-floor so-called “Sky Residences” with ceiling heights growing to 11’4″ over the 9’4″ height found on the floors below. A single duplex penthouse will take the tower’s top two levels and is expected to fetch a staggering $18 million
Residents in the Vista Tower will also have access to Club Vista, an amenity suite occupying the building’s entire 47th floor. It will feature a fitness center and pool along with a lounge, screening room, demonstration kitchen, private dining area, and a wine storage and tasting facility. The amenity club will also take advantage of the building’s luxury hotel and offer residents many of the same services, such as spa treatments. The views from the 47th floor aren’t too shabby either.
Construction on the super-tall Vista Tower is anticipated to start this year and will cost an estimated $1 billion price tag. The latest indication from the developers calls for occupancy in to occur some time in 2020. The project is expected to pay dividends for the entire Lake Shore East community in the form of improved connectivity. The development will provide a new vehicular link between Upper Wacker and Harbor Drive as well as an improved pedestrian connection between the Lake Shore East Park and the Chicago River Walk.
( Curbed.com )