Waterview Tower opens model

Teng & Associates has opened a 5,000-square-foot model and sales center for Waterview Tower, an 85-story highrise planned for 111 W. Wacker.

Available condos in the 233-unit building are priced from about $719,000 to $2,355,000. The model and sales center are located on the 35th floor of the LaSalle-Wacker Building, at 121 W. Wacker, immediately west of the development site.

“The sales center and decorated model offer a perfect preview of the luxurious views, amenities and finishes that are central to the Waterview Tower experience,” said Ivan Dvorak, general manager of Waterview LLC, the building’s developer. Dvorak is also the president and CEO of Teng & Associates, the architect and engineer for Waterview Tower.

The sales center includes lake, river and city views similar to those from the 32nd floor of Waterview Tower. The decorated model showcases the master bedroom suite, kitchen, dining room and living room from the 01 Residence floor plan. The complete 01 plan measures 3,192 square feet and includes three bedrooms, 3.5 baths and a study. Finishes include oak flooring, Carrera marble in the bathroom, Poliform cabinets, a Sub-Zero refrigerator and a Miele double oven.

The highrise will sit on a comparatively small floor plate, about 10,000 square feet, currently occupied by a parking lot that Teng & Associates owns. The first 11 floors will hold parking followed by 11 floors of commercial space and two levels of mechanicals. The 25th floor is devoted to an amenities level and condominiums are located on floors 26 through 80.

Teng, which recently built the nearby Sofitel Chicago Water Tower, at 20 E. Chestnut, and Museum Square in Elmhurst, has chosen a modern look for the new highrise, according to Sean McMahon, development project manager.

“It’s a modern design, with a lot of glass and steel in a granite-clad building,” McMahon said. “Due to the city’s energy code, this will be one of the first residential buildings to have an actual curtain wall system, versus a painted concrete punched-window design.”

The curtain wall construction will be more efficient than the typical painted concrete tower, McMahon says, and more aesthetically pleasing.

The condos have two to four bedrooms and two to 3.5 baths. Penthouses, located on floors 69 to 80, have about 2,815 to 8,070 square feet, two to four bedrooms and two to 4.5 baths, base priced from about $1.9 million to $5.8 million.

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