Alta at K Station Gets Maple-Flavored
Ten months after selling the Echelon at K Station (353 North Desplaines Street), Fifield Companies has sold its sister project, Alta at K Station (555 West Kinzie Street) for $302 million. Echelon went for $298,000 per apartment. Fifield did better with the two-tower Alta complex, getting $356,000 per apartment out of the Canadian company Morguard. This is Morguard’s first building in Chicago. Its only other properties in the...
Skyscraper Pool Season Approaches
Again this year, there will be a Polar Plunge held at Alta at K Station (555 West Kinzie Street) to usher in the unofficial opening of skyscraper pool season in Chicago. The date is Saturday, April 14, 2012. We covered the plunge last year, and it was a good time. But even if you don’t live in Alta, you can still participate. Since it’s a charity event, with money going to Children’s Memorial Hospital,...
Sibling Skyscrapers Split: Echelon Sold, Alta Alone
About ten months ago we mentioned that two neighboring downtown Chicago residential skyscrapers were for sale: Echelon at K Station (353 North Desplaines Street) and Alta at K Station (555 West Kinzie Street). Echelon must be the cuter kid of the two because today it was sold, alone, to Crescent Heights in Miami for $104.5 million. Fifield Companies and Pacific Life unloaded the 350-unit building for around $300,000 an apartment. ...
Echelon and Alta at K Station For Sale
If you won the lottery last night, and aren’t sure what to do with all that money, I’ve got one word for you: “Skyscrapers.” The residential towers Alta at K Station (555 West Kinzie Street), and Echelon at K Station (353 North DesPlaines Street) are both for sale. You can buy them as a pair, but Fifield Companies and Pacific Life are more than happy to break up the set. Read the full release from the...
One More Alta Vista
I got an e-mail from the PR company for Alta at K Station (550 West Kinzie Street) over the weekend with an update on the money being raised for Japanese disaster relief by the residents of that Fulton River District tower. (See our previous coverage here) The total as of last Friday (April 22, 2011) is $700 from the residents directly; much of it raised during the Polar Plunge. In addition, the developer of the building, Fifield...
Chicago’s Rooftop Pools Are Now Open
At what temperature does a pool party turn into a polar bear plunge? That was the question answered Saturday morning when 22 residents of Alta at K Station (550 West Kinzie Street) braved wind chill and water to open the Chicago rooftop pool season. Though the air temperature was a deceiving 48°, a blowing wind and occasional drizzle made the eighth-floor outdoor pool area atop Alta’s parking garage feel quite a bit nippier,...
Fifield Named Chicago Developer of the Year
Fifield Realty has been named Developer of the Year in Chicago. I won’t go too much into this because the entire press release is attached to this message. But I like Fifield’s recent projects because they have taken an ugly corner of Chicago and helped transform it into a nice community. Why would I mention an award that’s so “inside baseball” here? Because Fifield’s PR company bothered to let...
The Greening of K Station
Another big Chicago project has gone officially green. At a time when a lot of developers and architects are shunning LEED, Alta at K Station has become the largest apartment building in America to earn LEED Gold certification. The press release follows in its entirety. Fifield Cos.’s Alta at K Station Becomes Largest Gold LEED-Certified Apartment Complex in the United States CHICAGO (Feb. 22, 2011) – Chicago-based Fifield Companies...
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