Vista Tower Has Already Sold $200 Million Of Glam AF Condos

By Mae Rice in News on Jun 6, 2016 6:33PM

Construction hasn't even started on the Vista Tower, soon to be the third tallest building in Chicago, but that hasn't stopped the condos in the as-yet-theoretical building from selling like wildfire. So far, Vista has sold $200 million in condos since a "soft opening" last fall, a spokesperson for Magellan Development Group told Chicagoist.

So far, Magellan executive VP Sean Linnane said that 80+ condos have sold, most of them to Chicagoans. Plenty of the buyers, though, hail from overseas. Vista is a joint project, a collaboration between Magellan and China's Dalian Wanda Group. The latter group "does mainland China sales," Linnane said; meanwhile, a third party broker handles sales in Southeast Asia, in countries such as Singapore, Hong Kong, and Malaysia.

Construction will begin this summer on Vista, the undulating, Jeanne Gang-designed tower slated for the downtown, just where the Chicago River meets Lake Michigan. Recent renderings show floor-to-ceiling windows, wood floors, and incredible views of the city in the tower (a $1 billion project, according to Curbed). Unit prices range, unsurprisingly, from $1 million to $18 million.

[h/t Curbed]