Construction will soon begin on Studio Gang’s 93-story Vista Tower in Chicago.
Crain’s Chicago reports that the city made the official announcement Monday that ground will be broken this summer.
At 1,186 feet, the supertall tower will be the third-tallest in the city, behind the Willis Tower (1,450 feet) and Trump International Hotel & Tower (1,389 feet). It will be just higher than the 1,136-foot Aon Center and the 1,127-foot John Hancock Center. Vista Tower is comprised of three interconnected volumes at 47, 71, and 93 stories.
Magellan Development and Dalian Wanda Group are leading the building process. The $1 billion development will include 200 hotel rooms and 400 condos. Located along the Chicago River, Vista Tower will connect to the Riverwalk, a public plaza along the water.
“At ground level, the building creates an essential pedestrian connection between the Riverwalk and the community park’s outdoor recreational facilities,” said the project description on Studio Gang’s website. “Retail, restaurant, and hotel amenities combine at the upper levels, creating a vibrant public social center—a microcosm of a city united.”
Gang’s tower is just one of several new projects for the city. Designers Rafael Viñoly and Helmut Jahn have also designed supertall structures for Chicago.
Update*
Vista Tower is half completed
The 101-story Vista Tower, which will become Chicago’s third tallest once completed, is now 50% complete. Concrete has been poured to the 50th floor with a year and a half until the slated move-in date.
The towers glass façade will reflect the blue-green hue of the neighboring Chicago River and Lake Michigan. Meanwhile, the interiors will give residents the option of choosing between four gem tone finishes: fluorite, amethyst, topaz, and sapphire.
The building’s units are currently more than 40% sold.
Related Stories
| Oct 13, 2010
HQ renovations aim for modern look
Gerner Kronick + Valcarcel Architects’ renovations to the Commonwealth Bank of Australia’s New York City headquarters will feature a reworked reception lobby with back-painted glass, silk-screened logos, and a video wall.
| Oct 12, 2010
Guardian Building, Detroit, Mich.
27th Annual Reconstruction Awards—Special Recognition. The relocation and consolidation of hundreds of employees from seven departments of Wayne County, Mich., into the historic Guardian Building in downtown Detroit is a refreshing tale of smart government planning and clever financial management that will benefit taxpayers in the economically distressed region for years to come.
| Oct 8, 2010
Union Bank’S San Diego HQ awarded LEED Gold
Union Bank’s San Diego headquarters building located at 530 B Street has been awarded LEED Gold certification from the Green Building Certification Institute under the standards established by the U.S. Green Building Council. Gold status was awarded to six buildings across the United States in the most recent certification and Union Bank’s San Diego headquarters building is one of only two in California.
| Sep 21, 2010
New BOMA-Kingsley Report Shows Compression in Utilities and Total Operating Expenses
A new report from the Building Owners and Managers Association (BOMA) International and Kingsley Associates shows that property professionals are trimming building operating expenses to stay competitive in today’s challenging marketplace. The report, which analyzes data from BOMA International’s 2010 Experience Exchange Report® (EER), revealed a $0.09 (1.1 percent) decrease in total operating expenses for U.S. private-sector buildings during 2009.
| Aug 11, 2010
New data shows low construction prices may soon be coming to an end
New federal data released recently shows sharp increases in the prices of key construction materials like diesel, copper and brass mill shapes likely foreshadow future increases in construction costs, the Associated General Contractors of America said. The new November producer price index (PPI) report from the Bureau of Labor Statistics provide the strongest indication yet that construction prices are heading up, the association noted.