News & Press
On Tuesday developer Related Midwest, 42nd Ward Alderman Brendan Reilly, and the Streeterville Organization of Active Residents (SOAR) cut the ribbon on Bennett Park, a new two-acre publicly accessible but privately owned green space next to the One Bennett Park residential high-rise.
At a luxurious Streeterville highrise, three penthouses are hitting the market Thursday at prices that start at $14.3 million, and that’s only the beginning. These prices are for raw space; buyers will spend millions more to finish them into livable space.
As Streeterville’s recently completed One Bennett Park skyscraper welcomes residents, the adjacent greenspace that gives the building its name is coming together ahead of an anticipated grand opening later this summer.
Apartment and condo dwellers have come to expect services that make their lives easier. But in the luxury market, it’s a whole other game. Millennials looking for a healthy work-life balance are turning the multifamily market on its head. To maintain a competitive edge, developers are increasingly adding an extra level of concierge offerings to help residents reclaim their time — and their lives.
The newly opened One Bennett Park is a premier destination for Chicago’s elite. “Working in partnership with Robert A.M. Stern Architects, we’re showcasing a world-class boutique condominium experience,” says Curt Bailey, president of Related Midwest, the project’s developer.
A unit on the 56th floor of One Bennett Park in Streeterville sold for $6.35 million, topping an East Lake Shore Drive sale to become the fourth-highest home sale price so far this year in the Chicago area.
New condo and townhome communities are now offering residents cutting edge design and exciting amenities. Here are just a few examples of the some of the hottest amenities appearing in the newest condo and townhome developments across the country.
As last year’s hot property, No. 9 Walton, nears the end of its sales, the newer Streeterville tower has picked up the baton. Combined, the two buildings have had a dozen sales at $4 million or more so far in 2019.
Luxury residential developers are taking bold and beautiful steps with statement staircases. Not only are staircases becoming Instagrammable design features in condo and apartment buildings, but they also have the potential to promote physical health, especially during May, which is National Physical Fitness and Sports Month.
The latest is a 3-bedroom unit on Streeterville tower’s 58th floor.
The entrance to One Bennett Park calls to mind a gracious hotel more than an apartment building. Residents and visitors are greeted by a doorman posted beneath a recessed porte-cochere. The grand lobby is lavished with marble, millwork, original artwork and brushed-gold accents.
The luxury residential tower, RAMSA’s first high-rise in the city, is now open in Streeterville.
The eminent New York architect designed both the 70-story tower’s exterior and the homes it contains, for a “bespoke” package, as one of the developers describes it. We take you inside One Bennett Park.
Hoping to attract new tenants, Chicago developers are including wild and unusual amenity packages with their new buildings
In an age of AutoCAD and digitally produced designs, these architects collaborate with clients using hand-drawn plans
Among the major works unveiled this week at EXPO CHICAGO, The International Exposition of Contemporary and Modern Art (Sept. 27-30, 2018), are notable pieces commissioned by Related Midwest for One Bennett Park (514 North Peshtigo Court), the developer’s new 70-story residential tower under construction in Chicago’s Streeterville neighborhood.
In this era of luxurious apartment community amenities, multifamily developers battle to top each other in devising new common-area extras, from poolside cabanas to state-of-the-art golf simulators. They’re very aware today’s renters are willing to sacrifice private space for spectacular public areas that foster a spirit of community with their neighbors.
Among the major works unveiled this week at EXPO CHICAGO, The International Exposition of Contemporary and Modern Art (Sept. 27-30, 2018), are notable pieces commissioned by Related Midwest for One Bennett Park (514 North Peshtigo Court), the developer’s new 70-story residential tower under construction in Chicago’s Streeterville neighborhood. According to Curt Bailey, president of Related Midwest, the art program for One Bennett Park is more than $1 million, which is indicative of the developer’s interest in merging the intersections of art, design and community spaces. Bailey states that “the museum-quality pieces selected for One Bennett Park underscore Related’s commitment to commissioning and curating extraordinary art that enhances the daily living experience of our residents.”
In this era of luxurious apartment community amenities, multifamily developers battle to top each other in devising new common-area extras, from poolside cabanas to state-of-the-art golf simulators. They’re very aware today’s renters are willing to sacrifice private space for spectacular public areas that foster a spirit of community with their neighbors.
At One Bennett Park, both building and rents are soaring. The new 70-story residential tower nearing completion in the Streeterville neighborhood — it’ll wear the crown of tallest all-residential building downtown — is about to begin preleasing of its apartments, which are being offered at some of the highest-priced monthly rents for apartments in Chicago.
After a little over two years of work, One Bennett Park has reached another milestone: The completion of structural steel work. The last piece of steel was recently put in place at the top of the soon-to-be 836-foot-tall tower after a ceremony at the base of the building, involving the people who developed, designed, and are building the skyscraper. In traditional fashion, everyone got a chance to sign a 28-foot-long girder before it was hoisted into place. The building topped out in January of this year.
As workers continue building out the new One Bennett Park tower in the Streeterville neighborhood, developer Related Midwest is hyping the high-profile project with the release of a new video featuring lead architect Robert A.M. Stern and lead landscape designer Michael Van Valkenburgh. In the video, the two architects highlight some of the key design features of the building and express why they believe the 70-story tower will become a modern classic in the Chicago skyline. Also seen in the four-minute clip are some new images of how the tower will look once completed.
Related Midwest’s One Bennett Park is transforming luxury living in downtown Chicago. The 70-story luxury skyscraper has instantly become a notable addition to the downtown skyline with its key location, beautiful green spaces, intricate details and amenities. Inspired by one of Related’s earlier 2012 developments, 500 Lake Shore Drive, One Bennett Park offers it’s residences breathtaking views and an incredible location. Other amenities include a children’s playroom and a modern gym with a Pilates studio and yoga area. One Bennett Park features both rental apartments and for-sale luxury condominiums, prices ranging from $3.25 to $6.2 million.
The One Bennett Park skyscraper in Streeterville hit an important milestone this month topping out at 836 feet, becoming the tallest all-residential building in Chicago. After unveiling in July 2014, the art-deco skyscraper proposal from Related and partner LendLease garnered attention for its height and design team. This “ultra-luxury” property offers breathtaking views of Lake Michigan and Chicago’s Grant Park. One Bennett Park luxury condominiums are designed with families in mind and currently ranging on the market from $3.25 million for a 3,000-square-foot, three-bedroom unit, to $6.2 million for a 5,100-square-foot, four bedroom condo. The tower will hold 69 condominiums and is set to be completed by the end of this year.
One Bennett Park is set to be the tallest residential skyscraper in Chicago. This construction milestone in Streeterville, developed by Related Midwest and constructed by Lendlease, is set to be completed later this year. The Art-Deco inspired building, will include 69 luxury condominiums and 279 apartments all throughout the property’s 70 floors. The structure sits on a 1.7 acre green space, next to Bennett Park, and includes features such as dense landscaping, a private “motor court” and beautiful greenery surrounding the pool.
After breaking ground in early 2016, Related Midwest’s One Bennett Park, which will offer elegant Streeterville condos for sale, is poised to become one of Chicago’s tallest buildings. The Robert A.M. Stern-designed tower is already well on the way to its full size of 70 stories and 800 feet, having recently hit the 100-foot mark. Upon completion in 2019, One Bennett Park will be home to 69 luxury condos, 279 apartments, and Bennett Park, a new green space created by Michael Van Valkenburgh Associates.
Related Midwest has secured a $240 million construction loan to complete the condos for sale at One Bennett Park in Streeterville, Chicago. The Robert A.M. Stern-designed luxury tower broke ground over the summer, and construction continues to move full steam ahead as crews pour concrete into the building’s fourth floor. Upon completion in 2019, the tower is expected to top out at 70 stories and house 69 condominiums and 279 apartments. Related Midwest began marketing the condos in September, but the initial availability will be limited while anticipation mounts for these luxury residences.
Chicago’s iconic lakefront will soon have a new king: One Bennett Park will be the tallest residential building in the city when construction wraps. The penthouse perched atop the 70-story tower will provide one-of-a-kind, 360-degree views of Lake Michigan, the Chicago River, and the Windy City skyline, and as a reflection of its physical and aesthetic stature, the asking price is $15 million—the highest in Chicago’s history for a condo. In addition to this sky-reaching penthouse, One Bennett Park will feature 69 condos and 279 rental apartments, and all residents will have access to plentiful amenities, including 1.7 acres of exclusive park space.
Architect Robert A.M. Stern’s highly anticipated Art Deco-inspired luxury tower at One Bennett Park will mark his first contribution to the Chicago landscape and stand as the city’s tallest residential tower upon its completion in 2018. The Streeterville condos will also be among Chicago’s most spacious, averaging 3,200 square feet of living space and featuring design details like Sub-Zero, Wolf, and ASKO appliances, Kallista faucets, Statuario marble, and Perla Venata quartzite counters and vanities. Building amenities will include on-site parking and private access to the adjacent 1.7-acre Bennett Park.
Buyers can now move on six new Chicago condos for sale at One Bennett Park, including a 5,100-square-foot home on the 57th floor of the 70-story luxury building. Upon completion in 2018, One Bennett Park will house 69 condo residences with their own private lobby and entrance and 279 rentals. The luxury tower was designed by renowned architect Robert A.M. Stern and is his first project in the city, undertaken in collaboration with native Chicagoans GREC Architects. With a concrete and stone exterior topped with an illuminated crown, the building takes inspiration from the masters of Art Deco architecture, while the dwellings themselves offer modern touches and finishes like Sub-Zero and Wolf appliances, Kallista faucets, sleek white cabinetry, and custom-designed vanities.
Related Midwest is taking a novel approach to introducing the Chicago condos for sale at One Bennett Park. The developer put six of the condo residences on the market in September 2016 and will bring an additional six to the market in the near future. Prices start at just under $2 million. Meanwhile, they will be waiting until 2017 to place the rest of the 69 condos on the market. The graduated sales allow Related to capitalize on the booming popularity of the building’s Streeterville neighborhood. When construction is completed, the Robert A.M. Stern-designed One Bennett Park will be Chicago’s tallest residential tower, rising 69 stories over the city and offering a broad range of amenities that include indoor and outdoor pools and a private entrance to an adjacent 1.7-acre landscaped park.
The first six residences from Related Midwest’s Streeterville condos at One Bennett Park have hit Chicago’s luxury real estate market. Construction on the Art Deco-inspired residential tower, which will offer 279 rental apartments and 69 luxury condos for sale, is projected to wrap up in 2018, with residents expected to move in by the following year. The building’s average condo will measure 3,200 square feet, with the tower’s largest penthouse boasting 7,500 square feet of living space. Condo owners at the Robert A.M. Stern-designed tower will have a private entrance to the adjacent park, which will house two outdoor dog runs, a playground, and landscaped spaces for shaded gatherings.
Robert A.M. Stern’s first Chicago skyscraper will top out at a dizzying 836 feet and stand as the city’s tallest residential tower upon completion. Each of the Streeterville condos for sale at One Bennett Park will provide views of Chicago landmarks like Grant Park, Lake Michigan, and the Chicago River, and residents of the building’s 7,500-square-foot penthouse will be able to enjoy the sights from a private 800-square-foot terrace.
Robert A.M. Stern’s first Chicago skyscraper will top out at a dizzying 836 feet and stand as the city’s tallest residential tower upon completion. Each of the Streeterville condos for sale at One Bennett Park will provide views of Chicago landmarks like Grant Park, Lake Michigan, and the Chicago River, and residents of the building’s 7,500-square-foot penthouse will be able to enjoy the sights from a private 800-square-foot terrace.
Architect Robert A.M. Stern drew inspiration for his first Chicago residential tower, One Bennett Park, and its intricate facade from the city’s landmarked Palmolive Building and other Art Deco buildings. “He’s designed something classically modern for us,” says Curt Bailey, president of the project’s developer, Related Midwest. The 70-story luxury high-rise will house 69 condos for sale and nearly 300 rentals, with modern interiors, sweeping city views, and amenities that include on-site parking and private access to the adjacent Bennett Park, which was created by celebrated landscape architect Michael Van Valkenburgh.
Architect Edward H. Bennett’s contributions to the Chicago landscape will be commemorated by the luxury Robert A.M. Stern-designed high-rise One Bennett Park. Bennett, who co-created the Plan of Chicago with Daniel Burnham, will also be the namesake of the green space adjacent to the tower, Bennett Park.