Museum Park Place South under construction

Museum Park Place (south)

It has been under construction for about four months now, and we finally have some construction photos of Museum Park Place South, the newest high-rise taking shape at The Enterprise CompaniesMuseum Park at Central Station in the South Loop.

Rendering of Museum Park PlaceMuseum Park Place South will look like a near mirror image of the first Museum Park Place tower (see the rendering to the right), as it will have red beams placed vertically and horizontally its east and west faces, but it will be six stories taller than its neighbor to the north.

Ralph Oliva of Coldwell Banker Residential Brokerage expects first deliveries to begin in late summer or early fall 2009.

“Parking is totally above ground, so as long as we don’t have to excavate, the construction moves pretty fast,” Oliva says.

The 29-story high-rise at 1901 S Calumet Ave will have 276 one- to three-bedroom condos and eight four-story townhouses at its base. The condos are priced from the $250s to the $600s, and the townhouses are priced from the $860s. Oliva says the most popular units are the east-facing, 1,250 square-foot two-bedrooms with dens, which start in the $450s, but units are still available in all floor plans.

West-facing units are typically about $75,000 to $100,000 less expensive than their east-facing counterparts, Oliva says, adding that most of the remaining west-facing units are one-bedrooms. A current incentive offers free stainless-steel appliances, marble finishes in the master bath, and a washer and dryer. Parking is an additional $35,000.

About 55 percent of the units in Museum Park Place South have been sold, Oliva says.

Rate and review Museum Park Place South at NewHomeNotebook.com

(Visited 226 times, 1 visits today)