Plaza 440

From Wikipedia, the free encyclopedia
Plaza 440
Plaza 440 Private Residences, 440 N Wabash Ave, Chicago, Illinois USA, Wide Shot Between Trump Tower and River Plaza.jpg
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).
General information
TypeResidential
Location440 North Wabash Avenue
Chicago, Illinois
Coordinates41°53′24″N 87°37′36″W / 41.889998°N 87.626646°W / 41.889998; -87.626646Coordinates: 41°53′24″N 87°37′36″W / 41.889998°N 87.626646°W / 41.889998; -87.626646
Completed1992
ManagementCommunity Specialists
Height
Architectural146.31 m (480 ft)[1]
Technical details
Floor count49
Design and construction
ArchitectSolomon Cordwell Buenz
DeveloperJohn 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[]

  1. ^ "Plaza 440". Phorio. Retrieved 2012-12-28.
  2. ^ Corfman, Thomas A. (2004-06-30). "Condominium conversion is planned for Chicago's River North neighborhood". Chicago Tribune.
  3. ^ a b Moore, Judy (1992-02-09). "Near North high-rise offers the luxury of open space". Chicago Sun-Times. p. 14.
  4. ^ Oser, Alan S. (1992-05-03). "Perspectives: New Housing in Chicago; Where Bargains for Renters are 'Terrific'". The New York Times.
  5. ^ "About Plaza 440 Residences". Archived from the original on September 14, 2008. Retrieved 2008-12-08.
  6. ^ Sall, Jon (1992-08-16). "Convenient Plaza 440 Has No Problem Filling Units". Chicago Sun-Times. p. 5.
  7. ^ 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.
  8. ^ 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]
  9. ^ 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.


This article related to a building or structure in Chicago is a stub. You can help Wikipedia by .

  • v
  • t
Retrieved from ""