| Take
a quick look at the Sterling, American Invsco's new construction
condo tower in River North, and you might assume the building began
with an architectural vision for its exterior.
The thoroughly modern design of concrete and glass is as much sculpture
as highrise, with some "corners" gracefully curved and
others squared off. Horizontal bands of concrete define the vertical
span of glass at regular intervals until the pattern is playfully
and artistically broken near the top with a pure span of glass that
gives the eye somewhere to rest.
From the dramatic 30-foot glass curtain wall lobby to the simple
elegance of its concrete cap, the Sterling, at least from the outside,
has the look of a building designed by an architect concerned mainly
with aesthetics.
It's a surprise then, to hear architect John Lahey, president of
Solomon Cordwell Buenz & Associates, say that the highrise evolved
from the inside out.
"The building got its shape from the units inside and trying
to make the most of them," Lahey says. "We worked on it
to maximize the number of units with corner exposures, eight per
floor. After we did that, we looked at possibilities for articulation
of the form."
The Sterling's setbacks and curvilinear sections maximize views,
Lahey says, in a location that offers sweeping vistas of the Chicago
River and skyline. But he admits that the development also is intended
to make a statement from its perch at 345 N LaSalle.
"The creation of gateway to the Loop, just across the river,
was something that seemed important architecturally," Lahey
says. "Putting a curve on one section and having others square,
we knew, would have a nice impact on the units inside, and would
welcome people to the Loop."
The Sterling, thesterlingcondos.com, also has been welcoming buyers,
droves of them, to its sales center. Developer American Invsco recently
closed on 185 condos in the building during a four-day period, according
to Project Manager Chuck Brahos. "I am still recovering,"
Brahos says, joking about the frenetic pace. |
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Architecture clearly has been a draw for the 50-story tower, as has
its location on the edge of River North and the Loop, Brahos says.
But while the development creates a prominent "gateway"
to the Loop from street level, it retains a surprising level of intimacy
for building with 389 units."We have this great almost Miesian
lobby with 31-foot ceiling heights, a glass curtain wall and a wood
called angrie from Africa," Brahos says. "It's very exciting,
but at the same time, it's an intimate building. Our lower
floors have 10 units per floor and then it drops down to seven units
a floor, and only five on the top ones." The Sterling also offers
four high-speed elevators to get to those floors (two is often the
standard in buildings of this size). That's one of the more subtle
luxuries in a building with some impressive amenities.
Features include a 24-hour doorman, a fitness center, a hospitality
room, tennis courts, an outdoor pool, indoor parking, a rooftop deck
and on-site retail, including Starbucks, CVS Pharmacy, 7-11 and dry
cleaner.
The units are spacious, Brahos says, with open kitchens, topnotch
finishes and floor-to-ceiling windows to take advantage of stunning
river and skyline views. About half of the condos also have recessed
balconies, which Lahey says offer access to the outdoors and a sense
of comfort and security, given the building's height.
Considering the location and level of luxury, prices are competitive
at the Sterling. "In-town" residences of 560 square feet
start at $186,000, and luxury penthouses with two bedrooms and dens
range up to $750,000. "Compared with the level of luxury in this
area and keeping in mind that the highest prices on Michigan Ave top
$800 a square foot now, this is very good price, at about $350 a square
foot," Brahos says. |
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Equally important for many buyers, however, is the fact that they
don't have to guess at the Sterling. While buyers can still make changes
and customize their units, the building is complete, with more than
225 residents moved in. In a market where brand new highrise condos
are often two or more years away from delivery, American Invsco is
offering immediate occupancy and new construction - a rare combination.That
means buyers can touch before they buy and see actual views, which
Brahos says, are protected. "We're the only new building here
that's ready to go, already built and in a very protected area,"
Brahos says. "Other than one other building going up, which was
designed to happen in concert with our building, we have the river
to the south, the (Merchandise) Mart to the west, commercial to the
north and landmark buildings on the east and also the south. The views
are awesome, and they're protected. That's important when you look
at other corridors, like on Ohio, where all those people thought their
building was the only one going up."
At press time, the Sterling was about 60 percent sold, with units
available for immediate delivery. |