Parkview

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505 North McClurg Court, Chicago, IL

Parkview
Parkview-Chicago-Exterior.jpg

Exterior of Parkview
Building Information
Developer MCL Companies
Architect Solomon, Cordwell, Buenz and Associates/DeStefano + Partners
Management Company Community Specialists
Number of Units 268
Number of Floors 47
Year Built 2008
Construction Method Concrete
Type of Roof IRMA
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505 North McClurg Court, Chicago, IL
Distance to Public Transit Within one block
Region Chicago
Municipality Chicago
Zoning PD 368
Title of Land Condominium


Contents

Background

Built by MCL Companies and designed by the partnership of renowned architects Solomon, Cordwell, Buenz and Associates and DeStefano + Partners, Parkview condominiums is a 47 story condominium high-rise of one bedroom to duplex, town home units.

Offering a total of 268 residences, the completion of the building in 2008 included the unveiling of the "green roof" above the parking garage, which acts as a 2 acre resident only park, which gave the name "Parkview" to the development.

Parkview-Chicago-Logo.gif

This is one of the newest buildings in Streeterville, and being completed during the real estate crash of 2008 and 2009, has weathered the storm quite well. Only a few of the units went into foreclosure, which still ended up selling at nearly $400,000 dollars. The highest priced units go up to nearly $1 million, and although the spaces are not considered huge to many people's standards, most have said that the developer and architects together created relatively large-feeling spaces.

The residence is situated in Streeterville, a neighborhood in the Near North Side community area of Chicago, which is most well-known for the Magnificent Mile and its geographic location, the majority of which is built on a sandbar.[1]


Location

Found in the desirable area of Streeterville, Parkview residences are across the street from Fox & Obel and just east of River East AMC Theaters. A quick walk away are the desirable landmarks and tourist attractions of the Navy Pier, where residents can enjoy an IMAX Theater, museums, and the Chicago Shakespeare Theater. Also nearby is Milton Lee Olive Park, which is named in honor of Milton Lee Olive, a United States Army soldier who sacrificed his life to save others in the Vietnam War.

Even nearer outdoor places are Cityfront Plaza, Dusable Park, and Jane Addams Memorial Park. Just a few blocks south is the River Esplanade and River Esplanade Park, which is a great route for walking and biking. Many coffee houses and patisserie's are within stumbling distance, as well as restaurants & bars, grocery stores, entertainment and schools.

Parkview is deemed a "very bike-able" area with flat roads and excellent lanes, and also scores well for public transportation and walking. The nearest bus station is less than half a block away at the corner of McClurg Court and Illinois Street. The nearest Metra subway station is six blocks east, or an 11 minute walk. [2]


Construction

Built on a lot size of 2.81 acres, Parkview is a concrete high-rise that stands at 47 storeys high and offers 268 residential units. The design of the building features curved glass facades carved out of square glass planes and masonry accents that fit in well with the surrounding skyscrapers.

The building, however, stands out in design with its strips of yellow balconies with blue perforated metal. Next to the green glass and brown masonry of the building, some have said it creates a playschool image.

The foundation podium the building rests upon is long and low. It is two storeys tall, with horizontal lines and windows that make it feel even lower. The large feature of the development is the park that is built on top of the parking garage, offering two acres of green space.[3]

Layout and Features

Parview offers residents of the popular Streeterville one to three bedroom layouts with a couple penthouse units and duplex “town home style” units at the base of the building. Some of the features include floor-to-ceiling windows, 9 foot ceilings, walk-in closets, granite counter tops, stainless steel appliances, and Grohe faucets.

Hardwood floors are found throughout the residences, as well as 42 inch wood cabinetry in the kitchens.

Master bathrooms offer whirlpool tubs, separate standing showers, double sinks, and porcelain tile floors, while the second bathrooms offer tub and shower combinations.

All of the units have private balconies for additional enjoyment of the views of the surrounding park, city, and water.

The major feature of outdoor space is the common 70,000 square foot park which was created as a green roof over top of the parking garage. This allows residents the freedom of fresh air and enjoyment of the outdoors while staying close to home.[4]

Floor Plans

There are six different floor plans available at Parkview residences.


Amenities

  • 24 Hour Door Person
  • Exercise Room
  • Storage
  • Party Room
  • Sundeck
  • Outdoor Pool
  • Valet/Cleaner
  • Whirlpool
  • Theater Room
  • 2 Acre Park


Bylaws

Parkview Bylaws
Rentals Yes
Pets Yes
Age No
Barbecues Yes


Pets and rentals are allowed at Parkview.

There are no age restrictions places on ownership.

Sustainability

The floor-to-ceiling windows in each of the residences at Parkview are tinted and insulated to be low-energy, as well as the appliances in each of the kitchens.

The close proximity to public transportation allows residents to take advantage of car-free travel, and promotes sustainable living. Car and bike share programs are nearby, and the are is deemed to be "very bike-able" and "very walk-able" by many.

Trivia

A Memorial Site for George Streeter

The location of Streeterville, although seemingly young, has a rich and historical background. The area dates back to the late 1880s when the supposed discoverer, George Streeter, claimed he struck a sandbar in his boat just off the Chicago shoreline during a storm. He said he had discovered the sandbar area now known as Streeterville.

Landfill was later dumped by the Lincoln Park Board which created 186 acres of new land along the lake front, and was quickly purchased by wealthy shoreline owners. Streeter immediately attempted to claim the area as his rightful property. For the following years, Streeter assisted his claims by supporting them through criminal means.

During his 1902 land fraud trial, Hank Brusser testified against Streeter, saying that he had purposely set out to contest the claims of the wealthy shoreline owners in order to benefit himself financially. Hank, a contractor, told the court that Streeter had asked him to fill in parts of the shoreline to create ambiguity over land titles. Apparently Streeter's words were "They will have to buy us off" and "We'll get millions out of it."

Although he persisted with going to court, he landed himself in jail because of his criminal escapades. And although he never got the money he dreamed of for his supposed discovery, he did, after all, receive the honor of having the area - now incredibly popular - named after him and having a memorial statue all to call his own.[5]


References

  1. Highrises
  2. Walk Score
  3. Chicago Architecture
  4. Lucid Realty
  5. Wikipedia


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