The Ritz Carlton Residences

The brand Ritz-Carlton is virtually inseparable from the concept of luxury. For decades, the Ritz-Carlton group of hotels and residences has been the very embodiment of posh. Now the Ritz-Carlton is opening new residences in the Streeterville neighborhood of Chicago with a 1930s Modern flair.

The Ritz-Carlton Residences on the Magnificent Mile range include one or two bedrooms with or without a study, and three bedrooms with a study or media room. There will be only 86 residences contained within the 40 floors. Spacious floor plans, unique architecture, customization, personal service, and the “Magnificent Mile experience” are high priorities for this project.

The one and two bedrooms in the Residences will all have recessed balconies. Two penthouses with substantial terrace space will also be available. The one bedroom units range from 1370 square feet to 1920 square feet and have up to 2.5 baths. The two bedrooms’ square footage spans from 1918 square feet to 3480 square feet, and the two bedrooms can have up to 3.5 baths per plan. The four three bedroom units have views from three sides of the unit; they cover 3634 to 3730 square feet and may contain up to 3.5 bathrooms. Penthouse 1 is 4780 square feet, and Penthouse 2 is 5744 square feet. Standard finishes include 10’ ceilings in most rooms, broadband for data and voice, large banks of windows to increase light, crown molding, wood floors, high efficiency heating and cooling, and closet space. Master bedroom suites feature large walk-in closets, a separate tub and shower, and natural stone finishes. The kitchens will feature high-end appliances, including a Sub-Zero refrigerator, a Wolf dual-range with hood, a Wolf microwave, a Miele dishwasher, and Waterworks fixtures. Christopher Peacock cabinetry is also standard and comes in a choice of styles and finishes. The countertops are natural stone and a full-height backsplash is present.

Since the Residences are managed by the Ritz-Carlton Hotel Company, service is a high priority at the residences. In home housekeeping, pet care, plant care, dog walking, limousine service, and laundry and dry cleaning are available to all residents. A concierge is on site, as well as a doorman, a porter, a valet, and security personnel. A club chef is also on staff, and this chef may be booked for private events. Club level amenities also include a salon, a wine cellar, a billiard room, a fitness center, and a screening room. Additionally, the residents enjoy a residents-only spa with treatment rooms and storage lockers.

The Residences are in the middle of the Magnificent Mile, on the corner of Erie Street and Michigan Avenue. A stone’s throw from legendary shopping such as Tiffany, Cartier, Gucci, Louis Vuitton, and other high-end stores, the homes also have easy access to North Beach, the Outer Drive, several expressways, and Lincoln Park. Renowned Chicago restaurants such as Tru, Spiaggia, NoMI, and Avenues are also within walking distance, as are the physicians of Northwestern Memorial Hospital.

The architectural group designing the project is Lucien Lagrange. The firm has sought to convey a sense of “elegant simplicity” and a French aesthetic. This firm is especially known for their style of art nouveau and high modernism. The interiors are designed by Darcy Bonner and Associates, and that firm’s focus on detail brings the luxurious project to life. The developer is Prism Development Company. According to their website, the principals of this group have a combined 60 years of experience in the real estate industry. Another one of Prism’s projects is the Millennium Centre, located at 21 E. Ontario.

The Sales Center for the Ritz-Carlton Residences demonstrates some of the finishes that can be expected in each of the homes. The Sales Center is located at 625 N. Michigan Avenue, Suite 500.

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