August 29, 2007 - One Museum Park, going up on South Indiana Avenue, set a record as the fastest selling residential project in the city of Chicago with 80 percent of its units sold shortly after marketing began back in early 2005. Now the building is nearly sold out and developer Enterprise Companies says that first deliveries of condos should start sometime late this September with final move in scheduled for early 2008.

Glass is being applied to the upper half of the tower, with less than 20 of the 61 floors left to go. The website has the banner statement that residents will be guaranteed views of Museum Campus, Grant Park and Navy Pier indefinitely and that factor alone was a major selling point for many buyers. The usual luxury building amenities of pool, 24 hour door staff, concierge service and heated indoor parking are certainly attractive, but the location and permanent views were the tipping point according to the developer.

The condos range in price from $525,000 to just over $2 million. The homes could be customized with everything from gourmet style kitchen upgrades to master baths that are more like a spa with Italian marble finishes. The views inside the condos aren’t as stunning as those outside, but they certainly don’t leave you wanting, either.

After seeing some of the pretty amazing towers going up, you might be thinking that you’d like to Sell your Chicago Condo and go new home shopping. From the sales figures at One Museum Park, evidentially a lot of people did just that.

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August 27, 2007 - Prism Development Company announced in July that 33 out of the 86 condos available for purchase in the Ritz-Carlton Residences had been sold. That being said, Prism confirmed that construction on the tower would begin in September, which is right around the corner. The building site at 664 North Michigan Avenue should have activity picking up soon.

The Ritz name has almost been immortalized in everything from songs to its reputation for luxury service and accommodations. This tower will be another example of the high standards Ritz sets for itself and its residents. The 86 one and two bedroom units in this 40 story building will not only have incredible interior finishes, but the level of services provided pretty much have all areas of your life covered.

Once you’re through admiring the view from the recessed balcony, done cooking a meal with the Wolf and Sub Zero appliances and finished with your soaking bath, you might want to plan your next vacation because The Ritz staff can take care of things while you’re gone. They’ll look after your plants, feed and walk your pets and clean your home. And when you are home, you can utilize the building spa, movie room and even schedule the chef on duty to prepare a gourmet meal.

The Ritz really is taking reservations to provide some of the finest Chicago Luxury Condos available for future residents.

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August 25, 2007 - Many Lakeshore East towers have names that obviously reflect a nautical theme. There is The Regatta, The Tides and The Shoreham, but the one creating the biggest waves is Aqua. The 82 story development began construction in March with foundation work laid in July and the core of the building starting to take shape this month. Just to give an idea of the size of this project, McHugh Construction used over 300 caissons for foundation support.

Aqua was designed by architect Jeanne Gang and is believed to be the tallest high-rise ever designed by a woman. The building will appear to ripple like water, an effect created by the varied positions of the balconies along the exterior as well as the blue-green glass that will be installed. To get that curving effect just right, the builder plans on using a global positioning device for reference.

Aqua will house a hotel in its lower levels, followed by apartments in the next 34 floors and then condos from floor 53 up. The sales center claims that nearly 90 percent of the condos have been sold and the ones left have a starting price tag of $600,000. An interesting feature of the building design is that because the condos don’t start until floor 53, even the smaller units at Aqua will have enough height to have penthouse views, so to speak.

The rental units at Aqua are bound to be some of the most sought after Chicago Apartments in the city, following in the wake of the condo’s popularity.

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