Sales Start for Condos in World’s Tallest Residential Building
- Jan 15, 2008
By Anuradha Kher, Online News EditorChicago — The Chicago Spire sales campaign launched yesterday with the official opening of its sales center in the NBC Tower overlooking the construction site. At 2,000 feet, the Chicago Spire is slated to be the world’s tallest residential building. It is designed by Santiago Calatrava.The Chicago Spire sales team began meeting with interested parties yesterday and are currently scheduling appointments with potential buyers around the world. The global marketing drive begins later this month and will feature an exhibition road show to 15 key cities across Europe, South and Southeast Asia, and South Africa. Scheduled stops include Dublin, Moscow, Singapore, Dubai and Cape Town. “The Chicago Spire is a special building,” says Garrett Kelleher, executive chairman of Shelbourne Development Group Inc., the developer of The Chicago Spire. “Our world-class team is creating what will not only become a spectacular home for its residents, but a dramatic new contribution to Chicago’s skyline.”The building is expected to be complete in 2011 with 1,194 individual residences and a range of amenities. The three-floor, 52,000-sq.-ft. amenity space will include temperature-controlled wine lockers and humidors, private retail facilities, children’s playroom, business center and library, among many other features.“This building could only be built in Chicago,” says Dominic Grace, principal of Savills Residential Development and leader of the global sales campaign. “Not only is Chicago the birthplace of the skyscraper, it is an exciting city that provides residents an incredibly vibrant lifestyle. The location is quite exceptional and has provided real inspiration to Calatrava.”According to the company, no two residences at the Chicago Spire will be alike. Each suite, gallery, one-to-four bedroom condos and penthouses will offer unique floor plans and outstanding city and lakefront views. Ranging from 534 to 10,309 sq. ft., units are priced from $750,000. The largest home, a two-floor penthouse, is $40,000,000.Conceived as an environmentally sensitive project, The Chicago Spire is designed to meet the gold standard of Leadership in Energy and Environmental Design (LEED) certification and has already won a number of awards for its innovative approach to design and construction. Some environmentally friendly features include a vacuum garbage chute with automatic sorting for recycling, recycled rainwater for landscape maintenance and a highly efficient geo-thermal cooling system.