Plaza 440
Plaza 440 | |
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![]() Plaza 440 (center) as seen from the Michigan Avenue Bridge. Also in this photo: Trump Tower Chicago (left), River Plaza (right), Wrigley Building (seen both on the right and on the left as a reflection off the Trump Tower glass windows). | |
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General information | |
Type | Residential |
Location | 440 North Wabash Avenue Chicago, Illinois |
Coordinates | 41°53′24″N 87°37′36″W / 41.889998°N 87.626646°WCoordinates: 41°53′24″N 87°37′36″W / 41.889998°N 87.626646°W |
Completed | 1992 |
Management | Community Specialists |
Height | |
Architectural | 146.31 m (480 ft)[1] |
Technical details | |
Floor count | 49 |
Design and construction | |
Architect | Solomon Cordwell Buenz |
Developer | John Buck Company |
Plaza 440 is a 49-story residential condominium building located in downtown Chicago, Illinois.
Originally built in 1992, it underwent a condominium conversion in 2005. The building contains 457 residential units[2] and shares a 2,000,000-square-foot (190,000 m2) mixed-use development[3] with a 336-room Marriott hotel and a 400-space parking garage.[4] It rises from the northwest corner of Wabash and Hubbard streets in the River North district of Chicago's Near North Side.
Plaza 440 was designed by Solomon, Cordwell, Buenz and Associates,[5] built by the and originally managed by its subsidiary, the . The building opened to residents in October 1991, but construction was not fully completed until 1992.[3] 90% of the building's units were leased by August 1992.[6] Plaza 440 was the last residential high-rise built in Chicago for years to come.[7]
The building was sold to in September 2004 at a price of US$107 million. The previous owners, Archstone-Smith, had purchased the building two years previously for US$24 million.[8] This is the current equivalent of US$147 million and US$35 million, respectively.[9]
External links[]
References[]
- ^ "Plaza 440". Phorio. Retrieved 2012-12-28.
- ^ Corfman, Thomas A. (2004-06-30). "Condominium conversion is planned for Chicago's River North neighborhood". Chicago Tribune.
- ^ a b Moore, Judy (1992-02-09). "Near North high-rise offers the luxury of open space". Chicago Sun-Times. p. 14.
- ^ Oser, Alan S. (1992-05-03). "Perspectives: New Housing in Chicago; Where Bargains for Renters are 'Terrific'". The New York Times.
- ^ "About Plaza 440 Residences". Archived from the original on September 14, 2008. Retrieved 2008-12-08.
- ^ Sall, Jon (1992-08-16). "Convenient Plaza 440 Has No Problem Filling Units". Chicago Sun-Times. p. 5.
- ^ Rumbler, Bill; Les Hausner; David Mack (1997-03-23). "Weighing the pros and cons of credit scoring Determined home sellers wouldn't buy defeat Upscale high-rise construction stalls in Chicago". Chicago Sun-Times. p. 4.
- ^ Elphinstone, J.W. (2005-01-11). "Archstone Shuffles Its Multi-Family Portfolio with Sale and Buy". Commercial Property News Online. Retrieved 2008-12-04.[permanent dead link]
- ^ 1634–1699: McCusker, J. J. (1997). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States: Addenda et Corrigenda (PDF). American Antiquarian Society. 1700–1799: McCusker, J. J. (1992). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States (PDF). American Antiquarian Society. 1800–present: Federal Reserve Bank of Minneapolis. "Consumer Price Index (estimate) 1800–". Retrieved January 1, 2020.
- Residential condominiums in Chicago
- Residential skyscrapers in Chicago
- Residential buildings completed in 1992
- 1992 establishments in Illinois
- Chicago building and structure stubs