Neighborhoods

Other resources

Archives

Find Real Estate, Homes, Chicago Condos & Pre-Construction News

High end properties flood Chicago market

June 4th, 2008 by Administrator

Just a few years ago, the most luxurious condominiums in downtown Chicago sold for about $500 per square foot. However, a new breed of ultra luxurious high rise developments in the city is leading to a rapid increase in prices for high end real estate in the city.

Now, luxury condominiums in downtown Chicago are priced as much as $1,000 per square foot, while some developments are offering even higher prices. The Chicago Spire is one of the most expensive projects currently planned for downtown Chicago. The largest penthouse unit is priced at $40 million, or almost $4,000 per square foot, an unheard of amount in the local real estate market.

The Spire will offer a number of smaller units as well. However, prices for these units are definitely not considered a bargain. A studio unit at the Chicago Spire can be bought for $750,000, the same price as many three-bedroom units in lesser known developments around downtown.

Sales have just begun for these luxury units at the Chicago Spire. Time will tell if the developer, Shelbourne Development, made the right decision in bringing a high-priced condominium development to the market.

Technorati Tags: , , ,

Construction continues on Chicago Spire

May 31st, 2008 by Administrator

Construction of the Chicago Spire started in July of last year, and continues at a frenzied pace as the developer aims for a 2010 opening of the megaproject. The development will stand 2,000 feet over the city of Chicago, and will become the tallest residential tower in the United States.

The Chicago Spire will offer nearly 1,200 luxury condominiums, with floor plans ranging from studio units to lavish penthouse condominiums. Buyers looking to live in the premier building in Chicago can already choose from a number of floor plans. Sales of condominiums at the Chicago Spire began earlier this year.

Prices for these units are among the most expensive in Chicago. A studio unit starts in the mid $700s. Most one and two-bedroom units are priced over $1 million, and the largest penthouse unit costs an incredible $40 million, making it the most expensive condominium in the city.

Shelbourne Development, a Dublin-based company, is the developer behind the Chicago Spire. Santiago Calatrava, the internationally acclaimed architect, designed this unique building.

Don’t miss out on the opportunity to live in the premier building on the Chicago skyline. The sales office is located on the 18th floor in the NBC Tower.

Technorati Tags: , , ,

Ultra tall residential buildings invade Chicago

May 28th, 2008 by Administrator

The Chicago skyline will never be the same after the completion of several major residential developments around the city. Trump’s International Hotel and Tower, major developments around the south side of Grant Park, and the already famous Chicago Spire are just a few of the newest projects underway in the city.

The Chicago Spire is perhaps the most anticipated project to come to the city. There’s been talk of a supertall building to be built on the Chicago waterfront for years, but it wasn’t until Garrett Kelleher of Shelbourne Development decided to risk it all on this megaproject.

The 150-story Chicago Spire will become the tallest tower in Chicago, and will be the highest residential tower in all of the United States. A total of nearly 1,200 units will be available, with prices starting in the $700s for a studio unit and ranging up to as much as $40 million for the most luxurious penthouse west of New York.

Construction on the tower will wrap up in 2010, and the sales team has a difficult job ahead of them. With most units costing more than $1 million, the developer may have a difficult time preselling all units in the midst of a difficult real estate market. However, marketing efforts around the world could bring buyers from many countries to the tower.

Technorati Tags: , , ,

Getting Ready for Spring: Health & Fitness

March 7th, 2007 by Administrator

It’s about that time of the year…where spring rolls around and you not only need to gear up for spring cleaning but also, the slew of college students that will soon crowd the streets enjoying SPRING BREAK!  Nearing the end of March the weather will begin to warm, rain will come and it’s time to get fit!

There are many ways to get in shape and one of the best ways is to get a membership to your local gym.  But how do you choose the right one?

Different fitness center will offer you different types of conditioning and aerobic programs.  Some offer yoga and pilates, while others offer beginner to advanced aerobics, dance and still more.  Many also include personal training as part of their membership cost which can be highly beneficial to those who aren’t quite sure which approach will work best for them.

An excellent choice if you’re in the Lincoln Park area is Harmony.  They offer a complete source of mind & body fitness with pilates, Gyrotonic and Gyrokinesis.  These are full body workouts which focus on both flexibility, strength, toning as well as meditation and thought.  Not only do you physically become more fit but mentally as well.

Check out more by visiting the site or giving the staff at Harmony a call.

Harmony Mind-Body Fitness Inc.

Laura Dixon, Owner & Certified Instructor
1962 N. Bisell

Chicago, IL 60614
Phone: 773/296-0263
Fax: 773/296-0563
Email: info@harmonybody.com
Web: www.harmonybody.com

Technorati Tags: , , ,