Posted by Linda Shaughnessy on Wednesday, May 22nd, 2024 at 10:27pm.
The Tribune Tower Condos are the talk-of-the-town. First of its kind to offer Chicago’s luxury real estate market the high-end interior finishes and world-class amenities it demands, clad in a 1920s Neo-Gothic exterior dripping with local history. When the Chicago Tribune vacated its headquarters in 2018, the iconic Tribune Tower was bought by Chicago developers Golub & Co and Los Angeles-based CIM Group to be promptly redeveloped into luxury condos worthy of a Gotham City movie set. Units range from $700,000 to more than $7 million for dramatic penthouses.
The location at 435 N Michigan couldn’t get any better, right on the riverfront with plazas on both sides of the bridge near the newly finished Chicago Riverwalk and dozens of dining and retail options. The 162 luxury condos with 56 different floor plans are dispersed between the 30-floor main tower, 12 floors in the north wing of the building, and 7 in the south wing. There will be a three-level parking garage below ground for 250 cars.
Several of Tribune Tower’s gathering spaces preserve touches of the Tribune newspaper legacy: the Michigan Avenue lobby remains intact, with quotations carved into its limestone walls, and the paneling and fireplace from Robert R. McCormick’s office are being reused in a third-floor amenity space, “McCormick’s Study.” The lowest levels of the building contain rocks and bricks from a variety of historically important sites, collected by Tribune correspondents before the tower was built, including stones from the Parthenon, the Taj Mahal, the Notre Dame, the Great Wall of China, the Berlin Wall, and a fragment of steel from the World Trade Center. The iconic Chicago Tribune sign will be visible from an indoor swimming pool.
The top of the building is one of the most ornamental features of the Chicago skyline, crowned with setbacks and finials, which will be divided up into private terraces. The Chicago Tribune chose this rare design out of over 260 entries in its international interior and exterior design competition, marking its 75th anniversary in 1922. New York architects John Mead Howells and Raymond Hood won the $50,000 first prize for "the most beautiful and distinctive office building in the world." The design resembles both the famous Tour de Beurre of the Rouen Cathedral in France and the Tower of Malines in Belgium.
All residents will enjoy access to 360-degree views of the city between the tall, stretching buttresses of the 25th floor Crown Lounge, along with its fire pits, herb gardens, kitchen, and grilling areas. Sculptures and decorations by Rene Paul Chambellan cover the building, including gargoyles and the famous Aesops Screen over the main entrance doors.
The North Wing features a new lobby on Illinois Street, along with about 47,500 square feet of retail space on the first floor and parts of the second. The building contains more than 55,000 square feet of amenity space indoors and outdoors, including an indoor swimming pool with a view of the iconic Chicago Tribune sign, a spa-like fitness center, an entertainment space with a bar overlooking Nathan Hale Court, a billiard room, a private dog walk, a ⅓-acre park, kitchens, lounging and dining areas, a solarium, a sun deck, and grilling stations.
Condos range from one-bedrooms starting at 1,106 square feet to a “4+” topping out at 4,345 square feet, featuring a family room and library. Finishes include 8-foot-high doors, white oak flooring, quartzite kitchen island tops and backsplashes, and door frames and cabinetry throughout with vertical details. The towering windows were originally meant to light entire office floors, but will now drench living spaces in warm sunlight.
All units feature high-end finishes and high-tech details, such as automated closet lights, white oak flooring, custom cabinetry, Sub-Zero refrigerators and wine refrigerators, convection and steam ovens, sound wiring in the living rooms and windows wired for motorized shades. Master bathrooms feature deep soaking tubs, a separate shower, and mosaic tile flooring.
The combination of old-world architecture and the best of the best contemporary luxuries will likely remain unmatched in Chicago’s real estate market.
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Jameson Sotheby’s International Realty
55 E Erie Street 1C
Chicago, IL 60611
312.961.6212
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Listing information last updated on July 27th, 2024 at 1:08am CDT.
