Waterview Tower
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This article or section contains information about expected future buildings or structures. Some or all of this information may be speculative, and the content may change as building construction begins. |
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| Waterview Tower - Shangri-La Chicago | |
Waterview Tower (from west) |
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| Information | |
|---|---|
| Location | 121 West Wacker Drive Chicago, Cook County, Illinois |
| Status | Under construction |
| Groundbreaking | Feb 22, 2006 [1] |
| Estimated completion | 2009 |
| Opening | 2009 (est.) |
| Use | Mixed |
| Height | |
| Roof | 319 m (1,047 ft) |
| Technical details | |
| Floor count | 89 |
| Floor area | 120,774 sq. m 1.3 million sq. ft. |
| Companies | |
| Architect | Thomas Hoepf (Teng and Associates, Inc.) |
| Contractor | Teng Construction, LLC |
| Developer | Teng and Associates, Inc. & Waterview LLC |
Waterview Tower is a mixed used development under construction in downtown Chicago, Illinois. Scheduled for completion in 2009, it will be the fifth tallest building in Chicago and the third tallest residential building at 319 meters (1,047 feet and 1/2 inch) 90 stories tall.
According to sources at Teng Construction, and a Chicago Tribune business news article, funding for the project has been difficult to secure. However, it was announced on April 16, 2008 that a $300MM dollar loan was secured from a Chinese bank.
Nonetheless, all construction at the site had been stopped for over a week, and a notice of natural gas termination was posted to the main entry gate on April 30, 2008, suggesting that perhaps not all the financial woes are fully resolved.
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[edit] Location
The supertall tower is being built on Wacker Drive between LaSalle Street and Clark Street, where a parking lot had been for over 30 years.
[edit] Tenants
Hong Kong-based Shangri-La Hotels and Resorts will make its debut in the United States by occupying floors 12 through 27 of the building with a 5-star hotel containing 200 hotel condominium units.[2]
[edit] Layout
Waterview Tower will have parking for guest and residents on floors 2 to 11. The Shangri-La Hotel will occupy floors 12 through 27 with 200 hotel condominiums. A setback at the 29th floor level will hold a rooftop garden in addition to being the amenities level for all building guests and residents. [3] The remaining 30 through 88 floors will comprise of 233 condominium and penthouse residences. [4]
[edit] Design
The Waterview Tower will be a concrete building with an exterior wall made of glass, granite and aluminum to generate a prismatic look.[4] Per one of the city's approval conditions to include an outdoor garden, a terrace will spread over approximately 8,000 square feet featuring landscaping, water elements, sun deck, and pet recreation area on the 29th floor.[2]
[edit] Construction photographs
 July 29th, 2007 |
 Jan 27th, 2008 |
 April 5th, 2008 |
[edit] See also
- List of buildings
- List of skyscrapers
- List of tallest buildings in Chicago
- List of tallest buildings in the United States
- World's tallest structures
[edit] Notes
- ^ Waterview Tower, Chicago. Emporis (October 11 2007). Retrieved on 2007-10-11.
- ^ a b NewCitySkyline - Waterview Tower, Chicago. NewcitySkyline (October 11 2007). Retrieved on 2007-10-11.
- ^ WaterviewTower.com, Chicago (October 11 2007). Retrieved on 2007-10-11.
- ^ a b Ground broken for 90-story Waterview Tower and the Five-Star Shangri-La Hotel, Chicago. Teng & Associates (October 11 2007). Retrieved on 2007-10-11.
[edit] External links
- Waterview Tower on Emporis
- Official Waterview Tower Website
- Waterview Tower Developers Official Website
- Trouble in Shangri-La
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