March 19, 2008 - One high-rise that is still offering an incentive package that was first advertised last fall is the Metropolitan Tower on 310 S. Michigan Avenue. Metropolitan Properties took on this adaptive reuse project and transformed the vintage building into 245 luxury condos. According to the most recent sales figures, there are around two dozen units still for sale, and the developer is continuing to include free upgrades such as kitchen appliances, counter tops, tile, flooring and bath showers.

The units at the Metropolitan Tower are one to three bedroom condos with from about 1,200 to 4,000 square feet. Prices range from the mid $300,000 mark on up to the $900,000s. Any of the remaining condos can be delivered within the next couple of months. The location of the tower may well be it’s strongest selling point, with unobstructed views of Grant Park and Lake Michigan, plus its close proximity to the Art Institute, Millennium Park, Navy Pier, Soldier Field and Museum Campus.

This piece of Chicago real estate is steeped in history, from its beginnings in 1924 as the Straus Building, then later the CNA Building and Britannica Building. The structure was originally designed by Graham, Anderson, Probst and White architects and the conversion was designed by Pappageorge Haymes. Many of the lavish details were preserved, including the marble floors, wood moldings and brass elevator doors that display intricate arts and science symbols.

The combination of incentives and fantastic location may enable the Metropolitan Tower to join the ranks of sold-out Chicago Luxury Condos.

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This entry was posted on Thursday, March 20th, 2008 at 5:47 pm and is filed under Luxury Condos(t) , News(t) . You can leave a response.