Quote:
Originally Posted by GregBear24
I don't see how they can sell condos at these price points in that location. Tall buildings surround the MO site, it's not the greatest location since it's jammed in there between Illinois center and LSE. Why would you buy there when there are so many other better options? At least with Park Michigan you have unobstructed views of the park, lake, and skyline. If the developers of park michigan can start not sucking then I give it a better chance of survival over MO, which isn't saying a whole lot.
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Must of us skyscraper types would think these residences to be less desirable, but we have to keep a couple things in mind:
- The hotel rooms in the lower half will have lesser views, but they're just hotel rooms (where the interior amenities count the most, by far).
- The tower condos up top are going to see plenty of the lake (plus a breathtaking view of Aqua) and / or everything to the west. Aon & TwoPru will block Grant Park and not much more. In fact, views probably will have less obstruction than the bulk of the units in John Hancock.
- Ultimately, people live in these things more for what's INSIDE them than the un-obstructedness of the view. Plenty of cheaper lake views out there. It's all a consequence of a dense city.
And of course: This will make Lake & Stetson the Worlds Tallest Intersection.
PS - I love Park Michigan but this is the ritzier neighborhood.