Catalyst condos coming to Chicago's West Loop neighborhood

Catalyst For weeks we’ve been wondering what gives with the West Loop condo tower Catalyst, our appetites whetted by a giant Tribune ad. Urban R2 Development Co. today released some details about the development, planned at the northeast corner of Washington and DesPlaines.

The 22-story high-rise, designed by Lucien Lagrange Architects, will have 212 one- two- and three-bedroom condos, and several penthouses. Pre-construction prices range from the $220s to the $860s. Koenig & Strey GMAC Real Estate is marketing the project.

Hopping on the spa trend growing at downtown high-rises, Catalyst will have a 3,800-square-foot spa with excercise and massage facilities. Other building features include a meeting area, a party room and 31 retail spaces – one of which will be occupied by a 24-hour Walgreens.

A garage on the second through fourth floors will hold 224 parking spots, one for each condo and two for each penthouse. The units on the fifth floor will have access to landscaped outdoor terraces on the garage’s roof. All of the units either have terraces or balconies.

Units will have wood, marble or stone floors, with carpeting as an option. Kitches will have granite counters, stainless steel appliances and breakfast bars.

Deliveries are slated for January 2009.

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