CHICAGO | St. Regis Chicago (Vista) | 1,191 FT | 101 FLOORS - Page 55

munchymunch · #1 Posted **Feb 22, 2016, 5:03 AM**

Sucks nobody went to this, looks like a cool new rendering in the background.

https://twitter.com/bKLarchitecture/...88374756392961

Kumdogmillionaire · #2 Posted **Feb 22, 2016, 3:16 AM**

Quote:

Originally Posted by LouisVanDerWright

They are replacing all the expansion joints and servicing the spawling concrete and rusting metal.

Thanks, wasn't sure if it was just some upkeep like you said or if it was something in relation to the drive-thru aspect of Wanda Vista

Kngkyle · #3 Posted **Feb 23, 2016, 8:43 PM**

2/23

RC Cola 23 · #4 Posted **Feb 25, 2016, 7:13 PM**

Anatomy of a Skyscraper: Chicago’s Vista Tower
The city’s third-tallest building will have an eight-cornered design for more light
By ALINA DIZIK, Feb. 25, 2016 10:40 a.m. ET

Chicago is reshaping its skyline. Construction begins this year on Vista Tower, a condominium-hotel project that, when finished, will stand over 1,100 feet—making it the Windy City’s third-tallest building. The building, a joint project between Chicago-based Magellan Development and China-based real-estate giant Dalian Wanda Group, will cost more than $900 million and is scheduled for completion in 2020. Here are some early details about the building’s design and construction.

http://www.wsj.com/articles/anatomy-...wer-1456414845

ethereal_reality · #5 Posted **Feb 25, 2016, 8:00 PM**

http://www.wsj.com/articles/anatomy-...wer-1456414845

Thanks for the heads up RC Cola 23.
__

Midway · #6 Posted **Feb 25, 2016, 8:08 PM**

^ Man, this new rendering looks super flat, almost cartoon like. Very disappointed! lol

munchymunch · #7 Posted **Mar 17, 2016, 3:03 AM**

Quote:

The planned total gross floor area of the Chicago Project is approximately 176,000 sq.m.. It is
located in the heart of Chicago, adjacent to Millennium Park and Chicago CBD. Many of the
well-known destinations are within walking distance of the project, such as the Theatre District,
Museum Campus and Michigan Avenue. This is the last unbuilt site within the Lakeshore East
area with excellent geographic location. The project is expected to be developed into a 350-meter,
93-story five-star hotel (with estimated 193 rooms) and high-end condominiums, which will be
Chicago’s third highest building upon completion and a new landmark in Chicago. Pre-sale of
high-end condominiums portion commenced in September 2015, and 130 units were pre-sold
up to the end of 2015. The Chicago Project is expected to obtain the planning approvals and
complete settlement in the first half of 2016, and commence construction work in July 2016. The
development of this project is expected to be completed in 2020.

link

That's one third of the residences.

rlw777 · #8 Posted **Mar 17, 2016, 3:14 AM**

Quote:

Originally Posted by munchymunch

link

That's one third of the residences.

130 of 410 units in about 4 months maybe a little less. Not bad at all

munchymunch · #9 Posted **Mar 17, 2016, 3:16 AM**

Quote:

Originally Posted by rlw777

130 of 410 units in about 4 months maybe a little less. Not bad at all

And that's only to the end of 2015.

the urban politician · #10 Posted **Mar 17, 2016, 12:47 PM**

Quote:

Originally Posted by munchymunch

And that's only to the end of 2015.

I think they are saying that lenders want 50% sales these days.

However, if the developers/investors are putting in a lot more equity (ie Wanda putting in a couple hundred mil) perhaps the standards are much lighter?

marothisu · #11 Posted **Mar 17, 2016, 8:34 PM**

Quote:

Originally Posted by the urban politician

I think they are saying that lenders want 50% sales these days.

However, if the developers/investors are putting in a lot more equity (ie Wanda putting in a couple hundred mil) perhaps the standards are much lighter?

Yeah 50% is nice, though I think Wanda is a little interesting since the cheapest units basically start around $1M. Not your typical even half expensive $500K 1 bedroom condo tower.

rlw777 · #12 Posted **Mar 17, 2016, 8:16 PM**

It's going to be cool seeing this and One Bennett Park rise at the same time.

BVictor1 · #13 Posted **Mar 19, 2016, 9:50 PM**

^ From my 10/26/15 Notes...

occupancy 2019 for lower condominiums
hotel early 2020

Kumdogmillionaire · #14 Posted **Mar 20, 2016, 12:35 AM**

Then the website is just super outdated, neat

BVictor1 · #15 Posted **Mar 30, 2016, 3:12 AM**

http://www.chicagobusiness.com/reale...vel-sales-tool

March 29, 2016
Jeanne Gang-designed tower boasts a novel sales tool
By Dennis Rodkin

Quote:

The sales center for a proposed 93-story tower designed by Jeanne Gang offers buyer a chance to see views that don't even exist yet.

A virtual elevator ride will let prospective buyers stop at various points in the nearly 1,200-foot-high tower to look out over downtown and Lake Michigan.

As visitors gaze out through three full-sized walls of glass showing a 73rd-floor view over the Chicago River and up the lakefront at dusk, the building's sales staff can take them to another place with a mere swipe on an iPad.

Quote:

Losik said prices will average $1,000 a square foot, and another Magellan sales executive recently told Crain's they go as high as $1,750 a foot, which will put these units in the upper tier of the Chicago condo market. Each floor from 71 through 91 will be a full-floor condo, with 360-degree views.

To get around the paywall, copy and past the name of the article into your preferred search engine. That should do it.

Kngkyle · #16 Posted **Mar 30, 2016, 3:12 PM**

^^^

Quote:

The changeable, simulated view is accomplished via 52 flat-screen monitors filling three walls and knitted together electronically to show one gigantic image, as shot by drone cameras that were sent up from the site last summer.

spyguy · #17 Posted **Mar 30, 2016, 3:17 PM**

The website has been updated with a lot of info: vistatowerchicago.com

Video Link

ithakas · #18 Posted **Mar 30, 2016, 3:29 PM**

The design details of this project are fantastic. The prismatic ceilings of the lobby, the slanted columns, the subtle tapering of the tower by slightly reduced floorplates (like a more subtle, cohesive 56 Leonard). It looks pretty damn good in the skyline, too. But good God, is luxury real estate marketing ever cheesy.