Chicago-Area Construction Association Names Starchitect-Designed Condo Tower Residential Project Of The Year

Real Estate

Developer Related Midwest announced Tuesday that One Bennett Park, its recently completed 70-story luxury residential tower in Chicago’s Streeterville neighborhood, was named the 2019 Residential Project of the Year as part of the Construction Industry Service Corporation’s Pride in Construction Awards. The award program recognizes excellence in union construction in the six-county Chicago metro area. 

“The addition of this classically-designed tower to Chicago’s architecturally renowned skyline is a reflection of Related’s long-held commitment to excellence in design and construction,” said Frank Monterisi, chief operating officer of Related Midwest.

One Bennett Park is the only residential building in Chicago designed by Robert A.M. Stern Architects, reflecting the New York City-based firm’s heritage of creating some of the most sought-after luxury residential buildings of the 21st century. Over its 50-year history, the firm has established an international reputation as a leading design firm with wide experience in residential, commercial and institutional work.

Situated steps from Michigan Avenue and the lakefront, the Art Deco-inspired, limestone-clad structure evokes Old World grandeur with its elegantly framed oversized windows, custom ornamental metalwork and two grand motor courts outfitted with patterned pavers and oil-rubbed bronze doors. 

The building’s flagship amenity is Bennett Park, an adjacent 2-acre publicly accessible park designed by Michael Van Valkenburgh Associates, landscape architecture firm for the Brooklyn Bridge Park, Maggie Daley Park, the 606 trail and the future Obama Presidential Center. Multifamily developers are increasingly seeing the social value in including public space that serves the community at large. The park showcases native landscaping, a central lawn bowl, a children’s playground, two dog runs, meandering pathways and a shady grove with seating.

According to CISCO, One Bennett Park’s overall excellence in design and craftmanship as well as the use of innovative engineering principals in its design and construction contributed to it receiving the prestigious award. The implementation of rigorous safety precautions and an exemplary safety record during construction were also key factors, along with the project’s positive impact on the community through job creation and the inclusion of a publicly accessible neighborhood park.

One Bennett Park features 69 condominiums ranging from 1,737 to 7,500 square feet and priced from $1.9 million to $15 million. Located on floors 41 through 66 of the building, condominium plans include two-, three- and four-bedroom units, along with three full-floor penthouses, ranging from 1,737 to 8,431 square feet. 

The tower also features 279 apartment homes on its lower levels, with rents starting around $3,200 per month. Related Midwest has partnered with the Chicago office of Jameson Sotheby’s International Realty to serve as the exclusive brokerage firm for One Bennett Park.

Amenities include a landscaped terrace overlooking Bennett Park with a pool, lounge areas, outdoor kitchens and cabanas as well as a fireplace lounge, pet spa and expansive fitness center programmed by The Wright Fit. The building also includes a yoga studio and children’s playroom. Interiors showcase views of the lake and city, plank flooring, custom cabinetry, Subzero built-in refrigerators and Bosch Benchmark Series appliances.

Residents can take advantage of a wide array of services including Life Simplified, 24-hour concierge and doorkeeper, move-in coordination and in-home package delivery.

Products You May Like

Articles You May Like

Why QTS Realty Is Trading At All-Time Highs
How I lowered my rent by 20% during Covid-19—and what experts say about negotiating with your landlord
Worried about another slump, many firms hire temporary workers instead of permanent staffers
How Insurance Companies Manage Risks For The Income Guarantee
Two-tone 🚗 paint

Leave a Reply

Your email address will not be published. Required fields are marked *