800 North Michigan Avenue, Chicago, IL
Chicago's Park Tower
|Developer||Hyatt Development Corporation, LR Development Company|
|Architect||Lucien Lagrange Architects|
|Management Company||Sudler Property Management|
|Number of Units||117|
|Number of Floors||67|
|Type of Roof||Copper|
|800 North Michigan Avenue, Chicago, IL|
|Distance to Public Transit||More than 25 transit options within a quarter mile|
|Title of Land||Condominium|
Housed in the 67 story tower is a 20 story, 203 room Park Hyatt Hotel, and 57 stories of the city’s finest condominium residences, including eight full floor penthouses. Its pitched copper roof serves to contrast the form and enhance identity, but within it is a 300 ton tuned mass damper, serving to reduce movement associated with lateral wind loads.
Located at the northern tip of the Michigan Avenue's Magnificent Mile in the Gold Coast neighborhood, Park Tower is one of the tallest skyscrapers in Chicago and one of the most prestigious residential developments in the city. It is also one of the skinniest tall buildings in Chicago, and as such, it only contains 117 separate residential units along with general vicinity parking to accommodate residents who own their own vehicles.
The Gold Coast neighborhood flourished in the wake of the Great Chicago Fire. In 1882, millionaire Potter Palmer moved to the area from his previous home in the Prairie Avenue neighborhood on the city's south side. He filled in a swampy section of the lake shore which later became Lake Shore Drive, and built the 42 room castle-like structure called the Palmer Mansion, which was designed by Henry Ives Cobb and Charles Sumner Frost. Other wealthy 'Chicagoans' followed suit and settled in the neighborhood, which became one of the richest in Chicago.
In the late 1980s, the Gold Coast and neighboring Streeterville comprised the second most-affluent neighborhood in the United States, behind Manhattan's Upper East Side. Today, the neighborhood is a mixture of mansions, row houses, and high-rise apartments. Highlights include the Astor Street District and the James Charnley House. The nearby East Lake Shore Drive District and parts of northern Streeterville and the Magnificent Mile near the lake are also considered to be part of the Gold Coast.
Park Tower is located at the northern end of Chicago's Magnificent Mile in the Gold Coast neighborhood at 800 North Michigan Avenue, just west of Chicago’s historic Water Tower between Chicago Avenue and Pearson Street. The condos sit above the Park Hyatt Chicago Hotel. The Red Line Stop at Chicago Avenue and State Street is less than 3 blocks away.
Known for the influential people who once lived there as well as the regal mansions they once occupied, the Gold Coast neighborhood is still one of the wealthiest areas in the city. The Gold Coast area represents upscale Chicago living at its best, with world class dining and magnificent shopping. Towering condominiums, crowned with rooftop patios and sensational penthouse suites, follow the curve of Lake Michigan's shoreline, which gives way to a good size beach halfway along the Gold Coast's waterfront. A few blocks inland is the start of Chicago's famed Magnificent Mile where retail centers like the Water Tower Place, Bloomingdale's and the 900 Shops are just the tip of the iceberg for any serious shopping excursion. Night springs into action with Gold Coast's ultra-hip nightclubs leading the party scene.
The Gold Coast at the Oak Street Beach, in some ways, rivals the Caribbean or Florida for expansive sandy beaches and beautiful blue waters. Once the winter weather breaks, sunbathers, bikers, joggers, picnickers and everyone in between show up at this popular Chicago beach for a little fun sunny summer beach time. A wide concrete sidewalk borders the beach providing a convenient thoroughfare for pedestrians, bicyclists and inline skaters. Stepping off the concrete and into the sand allows visitors to soak up rays, play Frisbee or beach volleyball and build sandcastles. While many come toting coolers and picnic baskets, several restaurants cater to the beach crowd as well.
The building is tall and narrow emphasizing the vertical lines in the main elements of the building exterior, largely composed of alternating layers of tinted windows set into warm gray spandrel panels and exterior structural columns covered in tan colored limestone. Corners are softened by symmetrical courses of curving recessed balconies.
The pitched copper roof is both ornamental and functional in nature. Its contrasting form and color enhance the project’s identity and add a classic old world feel to the building. Housed within it is the 300 ton tuned mass damper. Additional elements include a 91,000 square foot enclosed parking garage (well hidden on the western portion of the site), and 19,000 square feet of retail space, a portion of which is behind the expertly restored brick façade of the 1917 Perkins Fellows & Hamilton Studios, a three story architectural landmark to the north.
The 257.25 meter (844 foot) tall building was built using concrete construction on a caisson foundation. A caisson is a shaft of concrete under a building column or wall for support and extending down to hardpan or rock. A caisson covers a wide range of foundation arrangements that may be open, pneumatic, or floating type. It may be deep or shallow; large or small; and may have a circular, square, or rectangular cross section. The walls may be made of timber, temporary or permanent steel shells, or thin or massive concrete. Large caissons are used as foundations for bridge piers, deep water wharves, and other structures. Small caissons are used singly or in groups to carry such loads as building columns.
The Park Tower's concrete face is built as a curtain wall facade, a system that is an outer covering of a building with non-structural walls that can be made of a lightweight material, thus reducing construction costs.
Park Tower is also the first building in the United States to be designed from the outset with a tuned mass damper. Other skyscrapers in America have anti-sway systems that were always added later. A tuned mass damper counteracts wind effects on the structure. The 300 ton damper at Park Tower is a massive steel pendulum hung from four cables inside a square cage. Because of its massive weight, the damper has high inertia that helps stabilize the building from swaying in the wind.
Layout and Features
Park Tower has a mix of two and three bedroom condominium with a few larger penthouse units. Cooking appliances are gas and most, but not all, units have a terrace. Being a high end building, apartments are generally highly customized. Additionally, privacy is high with no more than three homes per floor.
The units in the Park Tower provide, on average, 2,184 square feet of living space. The choice of floor plans include anywhere from two to three bedrooms, and the bedrooms themselves can range in area from 168 to 464 square feet. The budding chef in the household will find the kitchens here are sublime and spacious, covering about 160 square feet of the entire unit. That's plenty of room to concoct a delicious five course gourmet meal for the occasional dinner party, which can be hosted in a 350 square foot dining room. In addition, living rooms are at least 600 square feet to let ensure that guests have plenty of elbow room.
Most Units at Park Tower are two or three bedroom apartments. Many penthouses have four or more.
The condominiums at Park Tower are perched atop the five star Park Hyatt Hotel making all of the hotel’s amenities at residents' disposal. At street level, Park Tower is nestled between galleries, bistros and enticing shops. A heated garage offers convenience and security to residents and their guests.
A private elevator takes residents to the seventh floor of the hotel where they can enjoy the world renowned NoMi restaurant with panoramic tree top views of the park. Stroll into an open air terrace or enjoy the fitness center with massages, an exercise room and indoor pool. The Park Tower also pampers condominium residents with room service, dry cleaning, and concierge service.
The hotel's amenities include laundry and dry cleaning services, meeting rooms, a 7,000 square foot health club and full service NoMi Spa, a 25 yard lap pool, steam room and whirlpool.
The 24 hour fitness center provides state of the art cardio and strength equipment complete with flat screen televisions and monitors. The latest in Life Fitness® Cardio equipment, including: Life Fitness Treadmill, Life Fitness Cross Trainer, Lifecycle Upright Exercise Bike, Chest and Shoulder Press, Seated Leg Press, Recumbent bikes and more.
Park Hyatt Chicago’s Fitness Concierge is on hand to assist fitness buffs in acquiring any gear they may need, including exercise wear, swimwear and more and can also supply residents with detailed maps of running and walking trails, as well as GPS watches, if you prefer your workout in one of the beautiful parks surrounding nearby Lake Michigan.
|Park Tower Bylaws|
Park Tower is a pet friendly building (with some restrictions) and the age of residents is not restricted.
Owner occupancy is above 90%. Owners must own their condos for a least one year before they can rent them out.
The Park Tower was not constructed as a "green" building.
However, residents can make personal choices leading to a greener lifestyle by choosing to use CFL (Compact Fluorescent) or LED (Light Emitting Diode) light bulbs in their homes, recycling as much waste as possible and by limiting the use of a car for their day to day needs.
Chicago's Magnificent Mile is home to a wide array of shops, restaurants, cafes and entertainment venues so virtually all day to day errands can be accomplished on foot.
Easy availability of more than 25 transit routes and car shares nearby mean that the use of a car can be optional for residents.
- The name "Magnificent Mile" was coined by Real estate developer Arthur Rubloff of Rubloff Company who gave the nickname to one of the city's most prestigious residential and commercial roadways in the 1940s.
- Numerous landmarks are located along the Magnificent Mile, such as the Wrigley Building, Tribune Tower, the Chicago Water Tower and the Allerton Hotel.
- The Gold Coast District was added to the National Register of Historic Places in 1978.
- Reality TV personality Bill Rancic, of Donald Trump's "The Apprentice", was a resident of Park Tower.
- A recent sale of a full floor penthouse in the Park Tower for $15 million makes it the highest price ever paid for a Chicago condominium.
- Street Easy
- Lucien Lagrange Architects
- Leslie Glazier
- Walk Score
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