As construction on The Ritz-Carlton Residences, Chicago, marches on, more and more people are talking about the magnificence that this highly anticipated building will have once completed.
The building was featured last week on HGTV’s House Hunters, highlighting the unbeatable views. House Hunters also emphasized that The Ritz-Carlton Residences will be a building for “lifestyle living.” With a club level and every service and amenity imaginable, the buyers on the show noted it was “like living in your own private country club.” Plus, the building’s location right on Michigan Avenue will put its residents in the heart of shopping, dining, entertainment and more in downtown Chicago.
This building will truly set the stage for a life of unrivaled elegance and sophistication. The exquisite art, unparalleled design and private club will be the hallmarks for the sophisticated ambiance this building will have. The staff will be trained by The Ritz-Carlton, a name that has been the signature of luxury lifestyles for years and can handle the most demanding service requests from residents. And with just 89 luxury Chicago condos, it is considered a boutique condominium building for a privileged few.
Luxury Real Estate is Moving
A recent Wall Street Journal article quoted Gary Barnett, who is developing Manhattan’s tallest residential building, that, “while the hallmark of the economic downturn has been the collapse of the housing market, the extreme top of residential markets in New York, London, Hong Kong and other select cities has been resilient.” This is in line with my own observations of recent sales in the Chicago luxury real estate market—while it’s on a smaller scale than New York, there are still many luxury buyers out there looking for homes.
So what do those buyers want? Luxury buyers are looking for something that is unique and differentiated from the pack of buildings that are available in a city like Chicago. The Ritz-Carlton Residences are slated to deliver just that—a trophy building that stands out from every other building in Chicago with ultimate luxury and understated panache.
The Ritz-Carlton Residences Showcase of Homes
In April 2012, The Ritz-Carlton Residences will host “Simply Magnicificent: A Showcase of Homes.” Celebrity designers from across the globe will be brought in to create five ultra-luxury condominiums for the showcase, which will be available for public viewing for three weeks. The showcase will also unveil the building’s private art collection and the Landmark Club, which will offer residents a full floor of services like a grand salon, private dining rooms with club chefs, billiards lounge, a screening room, state-of-the-art fitness center and select spa services. The club and common areas of the building will feature an eclectic modern art collection that won’t be matched by any other residential building in Chicago real estate. The event will include a private gala that will benefit The Auxiliary Board of The Art Institute of Chicago and is sure to bring out the city’s movers and shakers.
The Ritz-Carlton Residences are nearing delivery, with its first residences expected to be ready in early 2012. Touring the site will give you a great idea of the panache and sophistication this building will bring, and I’d love to give you a closer look. Give me a call at 312-264-5853 or email me at firstname.lastname@example.org to find out more about the building everyone is talking about.