Chicago’s Tribune Tower undergoes an incredible transformation
The Tribune Tower, a historic Chicago structure of global significance, is undergoing a major renovation that will transform it into luxury condominiums. The iconic neo-Gothic building on the city’s Magnificent Mile is the result of a 1922 global competition to create “the most beautiful building in the world.” The winning design was made by New York architects John Mead Howells and Raymond Hood, who were selected from over 260 entries representing 23 countries.
Grandstand Tower a partial landmark status which protects most of the exterior of the building and the main lobby, including its oversized plan and inscriptions with quotes extolling freedom of the press. Among the many visitors who have been greeted in the lobby over the years was an impressive roster of dignitaries, Hollywood celebrities, sports heroes, influential business leaders and politicians.
The iconic Chicago Tribune sign will be refurbished and reinstalled on the exterior, and stone fragments from famous landmarks around the world that were embedded in the facade will remain intact.
Los Angeles-based CIM Group and Chicago-based Golub & Company bought the property from Tribune Media for $ 240 million in 2016. The Chicago Tribune moved into a building south of the Chicago River in 2018, putting end of 93-year career in the newspaper of the same name. tower.
The sales gallery in a nearby office building allows visitors to get a feel for what life would be like at Tribune Tower Residences. The furnished model residence features elements reminiscent of the Tribune Tower’s historic past and enjoys views overlooking the Chicago River, Lake Michigan, and the city skyline.
“Tribune Tower is an iconic building and being able to adaptively reuse it in high-end condos is an incredible opportunity of a lifetime,” said Lee Golub, director and executive vice president of Golub & Company, during the unveiling of the August sales gallery.
He added: “It will be a one-of-a-kind experience. We have so many different units and layouts that allow for different experiences which is very different from when you are building new ones. When you construct a building, you have three to five different floor plans going up into the building, and it’s repetition. Here you have 56 different floor plans.
Tribune Tower will include 162 residences ranging from $ 900,000 to over $ 7 million. The moves are expected to begin in the fourth quarter of 2020.
Golub said the mixed-use building will offer amenities that luxury buyers have come to expect. Units range from one to four bedrooms with additional room floor plans that will include either a library or family room and library. Bedrooms cover 1,106 to 3,149 square feet; two bedroom, 1,612 to 2,937 square feet; three bedrooms, 2,668 to 4,040 square feet; and four bedrooms, 3,905 to 4,345 square feet.
Interiors will showcase fireplaces with custom stone edging, distinctive 6 1/2 inch white oak hardwood floors, and ceilings of 10 feet or more in some residences. Premium appliances help define kitchens with chef-inspired products from Wolf, Sub-Zero and Miele. The kitchen and bathroom cabinets are from Bovelli Custom Millwork. Master bathrooms will feature marble floors with mosaic tile inlay, deep soaking tubs, and separate showers.
Residents will have access to an enviable range of amenities, including a fitness center with spa equipment, a practice simulator, a co-working lounge, meeting rooms, entertainment spaces and event spaces. with a bar and a prep kitchen.
An indoor pool, sun deck, deck, and seventh-floor grilling stations will surround the Chicago Tribune sign. A common area on the third floor towards the rear of the building will feature a one-third acre park, a solarium, a kitchen, relaxation and dining areas and a billiard room. A dog park will be adjacent to the garage for 250 vehicles.
Great views will be virtually guaranteed with rooftop and courtyard terraces, French balconies and courtyard balconies. Residents and guests will enjoy 360-degree rooftop views from the Crown Lounge and Terrace on the 25th floor, a shared lounge designated for the herb gardens, fire pits, chef’s kitchen and grilling area .
Resident services will include a 24-hour concierge, porter and front desk staff, on-site car wash, bicycle valet parking, and grocery parcel pickup and delivery.
More information can be found at tribunetower.com. For sales inquiries, contact the sales team at 312-967-3700.