According to numerous reports, Chicago’s highest-profile condo development in the works is now over 25% sold before building permits have even been approved. Earlier this week, the Chicago Tribune spoke with Magellan National Marketing Director Jim Losik, who updated the project’s sales by reporting 110 of the 406 planned condos at Vista Tower are now under contract, which include the building’s full-floor units priced around $9 million.
Developers are hoping to finally begin construction later this month or sometime in August, with construction expected to be finished by late 2019.
Vista Tower was designed by Jeanne Gang of Studio Gang Architects and will ultimately stand 93 stories high with condo residences not even beginning until the 73rd floor. Also included inside the building will be an upscale hotel and a full compliment of luxury lifestyle amenities that include an indoor and outdoor swimming pool, wine storage on the 47th floor, a fitness center, concierge and door service, and plenty more for both residents and hotel guests to enjoy.
Look for condos for sale at Vista Tower to start around $900,000 for a one-bedroom residence and go up to around $10 million for four-bedroom full-floor residences. Vista Tower will also include an insane penthouse unit as well that will reportedly list for over $17 million.