MoMo Still Has Momentum
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April 28, 2008 - First deliveries for MoMo began back in late January, early February, and the high-rise hasn’t yet been renamed for the Joffrey Ballet. It seems even though that option is open to the company, the name change has to first be approved by a majority of the condo residents, according to the Chicago Tribune Skyline blog. Be it MoMo or Joffrey Tower, the 151 North State Street high-rise can probably be called a success in terms of sales and design.
Situated above the base where the Joffrey Ballet will take up residence in June is a large void carved out of the tower. These empty legs serve to raise the following floors so that lower level condo residents can see beyond a nearby parking garage. Loehmann’s also occupies part of the four story tower base.
Another dramatic effect of this Chicago real estate development will be the visual of the ballet dancers through the third and fourth floor windows. There will also be a fourth floor preview studio where patrons can catch a sneak peek at future productions.
The tower was designed by Laurence Booth, and because of the city’s insistence on developer Smithfield Properties enticing the ballet to relocate there, some aspects had to be configured to accommodate that. Ten layers of drywall had to be installed for sound proofing in the lower level ceilings so that the rehearsals wouldn’t reverberate in nearby floors. Joffrey purchased their new MoMo home in part with state funding of about $4 million.
There are still Chicago condos available in this high-rise, mostly from investors and as flips. These units weren’t billed as typical luxury condos, but if you’re looking for nice Downtown Chicago Condos, they might work for you.
Technorati Tags: MoMo, Chicago Condos, Chicago Real Estate
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