Waterview LLC has broken ground at the site of Waterview Tower & Shangri-La Hotel, Chicago, a 90-story, mixed-use high rise at 111 W. Wacker Drive that will include residential condominiums and penthouses, and the five-star Shangri-La Hotel, Chicago. The building is scheduled for completion in 2009. Waterview Tower will comprise 233 luxury condominium and penthouse residences from floors 30 to 88, and 200 hotel condominiums at the Shangri-La Hotel, Chicago, from floors 12 to 27, and parking from floors two to 11.
“At 1,050 feet tall, it will be the fifth tallest building in the city, and is certain to become one of the most recognizable and distinguished members of Chicago’s illustrious skyline,” says Ivan Dvorak, president of Waterview LLC. “From its lavish penthouse condominiums, to the inclusion of one of the world’s finest hotels, Waterview Tower is one of the most sought-after addresses in Chicago.”
The hotel condominiums measure from 488 to 1,780 square feet. According to Dvorak, the Shangri-La Hotel, Chicago, will bring new standards of luxury to the city, with views of the Chicago River and Lake Michigan, exquisite exterior and interior design, spacious guest rooms and suites, round-the-clock butler service, a signature spa, restaurants and meeting space.
Residential condominiums measure 1,087 to 8,070 square feet, and include penthouses on floors 68 to 82. Floors 83 to 88 offer full-floor penthouses with 360-degree views of downtown Chicago.
Waterview Tower is the only residential and hotel high-rise to contain separate and distinct amenities. As a result, residential condominium owners have exclusive access to the 29th floor, which offers a hospitality room with gourmet kitchen; an 8,000 square-foot roof garden with sundeck and dog run; fitness center with a 60-foot lap pool; and a business center.
Prices are subject to change. For current pricing information or to schedule an interview, contact Taylor Johnson Associates at 312.245.0202.
Waterview Tower – Chicago
HOUSING TYPE Condominiums
LOCATION Chicago
NUMBER OF UNITS 233 condominiums and penthouses, 200 hotel condominiums
NUMBER SOLD 60% of residential condominiums; 15% of hotel condominiums
PRICE RANGE $726,000 – $7.5 million for residential condominiums; $562,000 – $2,316,000 for hotel condominiums
DELIVERY DATE 2009
CO-OP 2.5%
DEVELOPER Waterview LLC