Units In Palatial Vista Tower Keep Selling
By Stephen Gossett in News on Jul 14, 2016 8:44PM
Once completed, the monumental, riverside Vista Tower complex will be the third largest building in Chicago. And even though construction hasn't even begun, plenty of future residents are making moves to join the skyscraper set.
Magellan Development Group is expecting construction to begin either this July or August, with a completion date of late 2019, but the contracts are already coming in. According to the Tribune, 110 of the available 406 condominiums are now under contract. (In early June, Vista contracts numbered in the 80+ figure.)
The tower's multi-million-dollar condo units—some priced as high as $10M—are selling at the same pace as the "average," $900,000 one-bedrooms, Jim Losik, National Marketing Director for Magellan, told the Tribune.
The high-profile tower is designed by Jeanne Gang, the acclaimed McArthur Fellow architect whose firm is also responsible for Aqua and the Nature Boardwalk at Lincoln Park Zoo. As is apparent from Vista's renderings, Gang will use her signature fluid, amorphous lines on this project—so even if you can't join the swelling ranks who will call the mouth-gapingly luxe digs home, we can at least all enjoy a stunning-looking facade. In three years.