It’s not exactly a secret that One Bennett Park is one of our favorite recent projects in Chicago. It’s tall. It’s different-looking (for Chicago). It’s in Streeterville. What’s not to like?
So it just seemed natural that we broke out the last three leftover New Year’s party poppers and microwaved some Totinos pizza rolls when we received word last week that construction has reached a milestone: 100 feet. That may not sound like much, but 100 feet tall is 200 feet taller than the Chicago Spire, now co-owned with One Bennett Park by Related Midwest.
With warmer weather just the turn of a calendar page away, 1BP (Can we call it that? We’re buds, right?) will top out at 820-something feet before you know it. To reinforce that point, Related put together a time-lapse video showing the progress made since ground was broken just one year ago.
One Bennett Park Goes Vertical, Leading Wave of High-Rise Condominium Developments in Downtown Chicago
Construction on Chicago’s tallest all-residential tower on schedule two years out from delivery
CHICAGO — Related Midwest today announced that construction on One Bennett Park, the developer’s ultra-luxury residential tower at 451 E. Grand Ave. in Chicago’s Streeterville neighborhood, is running on schedule two years before completion, surpassing the 100-foot milestone. Last week, crews poured the ninth and tenth floors of the 70-story high-rise, slated to be Chicago’s tallest all-residential tower, with topping-off anticipated for early 2018.
Designed by internationally renowned architecture firm Robert A.M. Stern Architects, One Bennett Park will include 69 ultra-luxury condominiums and 279 apartments adjacent to a 1.7-acre park by Michael Van Valkenburgh Associates Inc., the creator of Maggie Daley Park and The 606. Chicago-based Lendlease is serving as the general contractor on the project, with Chicago-based GREC Architects as architect of record. One Bennett Park broke ground in February 2016 and is scheduled for completion in mid-2019.
“Each day, we’re seeing our vision for One Bennett Park come to life, bringing with it a new standard of vertical homes unparalleled in the Chicago market and befitting this coveted location overlooking Lake Michigan,” said Curt Bailey, president of Related Midwest. “With Robert A.M. Stern Architects designing both the elegant exterior and gracious interiors of the tower, One Bennett Park will offer homes designed as heirlooms that can be passed down from one generation to the next. We’re proud to continue our legacy of creating iconic Chicago towers designed to stand the test of time.”
Located on floors 41 through 66 of the tower, condominium residences at One Bennett Park will average 3,200 square feet and include two-, three- and four-bedroom floor plans, including three full-floor penthouses. Related Midwest is currently marketing a selection of units ranging in size from 1,737 to 7,500 square feet and priced between $1.85 million and $15 million, with first deliveries scheduled for late 2018.
“Our progress on One Bennett Park is a testament to our team’s experience executing developments of this size and complexity,” said Don Biernacki, senior vice president of construction at Related Midwest. “Despite some weather-related challenges encountered over the winter, we’ve managed to stay on track with our construction schedule. We’ve entered a three-day pour phase, meaning that we’re pouring one full floor in just three days’ time.”
Disclosure: Related Midwest, the developer of One Bennett Park, is an advertiser and supporter of this web site. Which begs the question, why isn’t your company one, too?