Chicago Place

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100 East Huron Street, Chicago, IL

Chicago Place
ChicagoPl-Chicago-Exterior.jpg

Exterior of Chicago Place
Building Information
Developer Sudler Marling & Brookfield
Architect Solomon, Cordwell & Buenz
Management Company Lieberman
Number of Units 205
Number of Floors 49
Year Built 1991
Construction Method Concrete
Type of Roof IRMA
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100 East Huron Street, Chicago, IL
Distance to Public Transit Within one block
Region Chicago
Municipality Chicago
Zoning B7-5
Title of Land Condominium


Contents

Background

Corner View of Chicago Place



Best known for its retail portion anchored by Saks Fifth Avenue, Chicago Place is a mixed-use residential tower with office spaces and retail located on the main floor. The development was built by developers Sudler Marling & Brookfield in 1991, and is 49 storys tall. Initially Chicago Place had a nine story mall in its base, decorated with an onion in honor of the native onions that gave Chicago its name. The mall also had a vaulted food court with a fountain.

In February of 2009, plans were developed that incorporated office spaces in the Chicago Place tower, below the residences and above the retail spaces on the main level. Entrance to the retail portion is off of Michigan Avenue, placing it directly on the Magnificent Mile. In 2011, AllSaints Spitalfields, an edgy British clothing store, opened an 11,000 square foot flagship store at Chicago Place. Also recently added to the retail spaces at Chicago Place are Stuart Weitzman, Louis Vuitton, and Zara.

Although most shoppers don't realize it, the building contains 205 residences above the retail and office spaces. The residential entry is located on Huron Street. 205 luxury residences are offered, ranging from one to three bedrooms, all with generous sizes and luxury finishes. Chicago Place residences offer a full line of amenities, including an indoor pool and 24 hour doorman.

Located in the Magnificent Mile area of River North, Chicago Place offers its residence the luxury of the ideal location as well as a full roster of amenities.[1]


Location

Located on the corner of Huron and Michigan on the "Magnificent Mile" in the River North district of Chicago, Chicago Place is nearby all convenient amenities from restaurants, to shopping, to entertainment. Directly inside the building is a shopping mall of nine stories that includes a Saks Fifth Avenue.

Two blocks east of Chicago Place is the beginning of the Northwestern University campus. Parks like Lakeshore Park, Seneca Playlot Park, Jane Addams Memorial Park, as well as the infamous Navy Pier are all conveniently within walking distance. Access to the Metra subway station is three blocks away, with access to bus stations at the doorstep of the residences. Next door is Pierrot Gourmet coffee house. Nearby hotels include Four Points by Sheraton, The Allerton, Avenue Hotel, and Avenue Crowne Plaza.[2]

Construction

Built on a lot size of 0.52 acres, with a total floor area of 68,474 square feet, Chicago Place is a mixed use building, with retail on the first nine levels in the base of the building which is wider and deeper than the slimmer tower which contains the residences.

Originally built in 1991 with a concrete foundation, the exterior of Chicago place is an exposed facade structure made of glass, stone, and concrete. Chicago place stands at 49 stories, or 185.32 meters, high. The postmodern style features dark green and light yellow colors.

Chicago Place cost $160,000,000 to build and was originally planned with 272 residences. A changing market during its construction from 1988 to 1991 caused the design to be revised, combining some units.[3]

Layout and Features

The layouts at Chicago Place are incredibly spacious, with up to 1,150 square feet per one bedroom plan. The open spaces provide luxury finishes like granite counter tops, under-mount sinks, stainless steel appliances, floor-to-ceiling windows, hardwood flooring, and expansive views of Downtown Chicago. Some of the layouts feature separate libraries or sitting areas with mahogany finishes and french doors. Many feature walk-in closets, large master bedrooms, and double sinks in master en-suites. All units have in-unit washers and dryers.

Some upgrades in the building include imported limestone and Honduras mahogany floors,limestone and marble baths with a steam showers and formal entries with cove ceilings.

The duplex penthouse unit features 5,500 square feet with a custom marble entry. Stairs with bronze railings lead up to the second floor that features two wood-burning fireplaces, a large master suite with his and her bathrooms, a guest suite with a kitchen, a wine room and a full wet bar for entertaining. [4]


Floor Plans

There are nine floor plans available for Chicago Place. Here is a brief overview.


Amenities

Amenities offered at Chicago Place include:

  • 24 Hour Doorman
  • Valet Parking
  • Fitness Center
  • Clubhouse
  • Sundeck
  • Sauna
  • Indoor Pool


Bylaws

Chicago Place Bylaws
Rentals Yes
Pets Yes
Age No
Barbecues Yes


Pets are allowed at Chicago Place.

Rentals are allowed with a minimum lease of 24 months.

There are no age restrictions on ownership.

Sustainability

Sustainable aspects at the Chicago Place residences include the ability for residents to travel on foot, without the necessity for a vehicle for daily errands. Being located on the Magnificent Mile, and having an entire shopping mall in their own building, residents are extremely close to shopping, restaurants, and entertainment.

Car share programs like Zipcar and I-GO - for when residents need a vehicle commute - are available at the doorstep of the building. Access to the subway and bus stations are nearby as well.

Double-pane windows in the building, as well as energy efficient appliances are installed in each unit. All of these aspects at Chicago Place work together to create a lighter carbon footprint.

Trivia

Saks Fifth Avenue

Saks Fifth Avenue is the landmark for Chicago Place, as well as many other buildings around the world. Founded by Andrew Saks in 1867, Saks Fifth Avenue is an upscale department store chain. Andrew died in 1912, and Horace - Andrew's brother - took over the company, merging Saks & Co. with Gimbel Brothers, Inc, and opening a store in New York City on September 15, 1924.

Now owned by Saks Incorporated, with a flagship store in Manhattan, Saks Fifth Avenue competes with high end stores like Bergdorf Goodman, Barneys New York, Bloomingdale's, Neiman Marcus and Lord & Taylor.

With a strategy to focus on under-served luxury markets for international expansion, Saks Fifth Avenue is an incredibly successful chain store. Its first international location was one that was not often thought of: Riyadh, Saudi Arabia. Operating under license by SFAE, Saks Fifth Avenue opened in Saudi Arabia to serve the wealth of the oil-rich Middle East. Saks Fifth Avenue can also be found in United Arab Emirates, Bahrain, and Mexico City. The latest international opening was in Puerto Rico at the end of 2012.[5]


References

  1. Dream Town
  2. Walk Score
  3. See Chicago Real Estate
  4. Realtor
  5. Wikipedia


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