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The new River North tower Ten East Delaware should be getting close to being ready for its first occupants: Its website claims that one-, two- and three-bedroom units will be available sometime this fall. Seventeen of those units are currently listed from the $560s for a one-bedroom to $2.25 million for a penthouse.
The uppermost level of the Lucien Lagrange-designed high-rise will be an amenity floor being sold as a “private club” for residents, with a rooftop swimming pool, sundeck and gardens, fitness center, and a private club room for entertaining.
Partnering with the neighboring Talbott Hotel, condo-dwellers at Ten East Delaware have housekeeping, room service and catering available to them on an a la carte basis.
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{ 12 comments }
I’d wait for someone to buy Corus Bank’s assets and then watch prices drop substantially for this and Walton on the Park
isnt Delarare and State the Gold Coast?
rob:
Almost, but not quite — the Gold Coast’s southern border is Oak Street.
Joseph,
You are mistaking – that’s definitely Gold Coast. Not a single person in the real estate business would consider Ten East Delaware, Walton on the Park, or Elysian to be in River North…
Victor
Not a single member of the Gold Coast Neighbors Association would consider this location to be the Gold Coast. At best, it’s in a transition zone.
Real estate people have never been the most reliable guide to neighborhod names and boundaries.
It’s not a transition zone…go check out the developments sales centers and talk to the sales people selling the projects…it’s not RIVER NORTH. Walk around in the neighborhood…It’s a very developed area and is PRIME GOLD COAST REAL ESTATE:
http://www.elysianhotels.com/html/factsheet.htm – specifically states it’s gold coast
http://www.teneastdelaware.com/ – “A Modern Classic in the Heart of the Gold Coast”
http://www.waltononthepark.com/neighborhood.asp – “Walton on the Park stands in the heart of the Gold Coast…”
James,
And the Westin North Shore hotel is in Wheeling, which makes Wheeling a North Shore community in your book.
Get real. No one – repeat no one – is going to rely on a development Web site or a real estate agent over the official neighborhood association Web site.
Funny that you share an IP address with Victor.
You can make a fairly decent argument that this isn’t River North. You can’t make any coherent argument for this being the Gold Coast.
^ Perhaps, but one can certainly argue that it’s a downright ugly building
I think this neighborhood issue is the last thing I should be focusing on today, but alas, I think it deserves a bit of attention because I don’t believe Joe or James has it right. First, “neighborhoods” aren’t defined by the City of Chicago, “communities” are and this whole area we are discussing is simply the “Near North Side” community. As to who has the right to define the boundaries of a neighborhood, I don’t think we can leave it to realtors/developers OR a 50-year old association with its own agenda. Neighborhood boundaries are (and should be) malleable resulting from both new development and accepted norms. However, if you stood on the corner of Walton and Rush and asked the first 100 people what neighborhood they are in, I think the large majority would respond Gold Coast. Along those lines, who are we to say it’s not the Gold Coast?
If we must rely on the City for some answers, they do have a map of the neighborhoods on their website. Although it’s a bit tricky to see the street boundaries on the map, I overlaid it on Google Earth and the Gold Coast extends south to Chicago Ave between State and Michigan and (surprisingly) as far south as Ohio between Michigan and the Lake. Wait, isn’t that Streeterville? (and isn’t that my point?)
Here’s the City’s map.
Jon,
I’d agree with you that some neighborhoods should have malleable boundaries and that the residents should define them. That’s exactly how many neighborhoods came to be and continue to come to be – and it’s the basis for the City map you link to. The Department of Planning surveyed people all over Chicago, asking them what neighborhood they were in and what its boundaries were.
I also agree with you that most people living near the Gold Coast would upgrade their neighborhood to the Gold Coast, given the option.
That said, this area is not the Gold Coast, which is visually and historically and demographically different in too many ways to enumerate. Given the history of the Gold Coast I’d side with the neighborhood association in standing by the boundaries it claims.
Los Angeles Realtors developed a useful convention to deal with a similar scenario – by referring, e.g., to an area as “Beverly Hills adjacent” or “Beverlywood adjacent.” Can we agree to call this “Gold Coast adjacent?”
Sure, but can we also agree to call the block south of Oakon Rush “Cialis Square?”
I thought it was the Viagra Triangle. Let’s go survey the residents.
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