The Chicago real estate market is seeing a lot of new ultra luxurious developments underway in the Loop and the Near North Side. High-profile projects such as the Trump International Tower and Hotel and Mandarin Oriental are pushing prices up in the area and attracting buyers from around the world.
However, perhaps the most famous project currently underway is the Chicago Spire. This development will be completed in 2010, and will be the highest residential tower in all of the United States. Buyers can choose from a number of floor plans, from studio units to lavish multi-million dollar penthouses. The Chicago Spire offers a total of 1,200 condominiums for sale.
The sales center opened its doors in early 2008, and the event was attended by press from around the world as well as real estate professionals from all over Chicago. The developer, the Shelbourne Development, is actively marketing the property to European, Asian, and Middle Eastern buyers, and hopes to capitalize on a weak US dollar to improve sales of these ultra luxurious units.
The Chicago Spire will offer a full range of amenities and services, and is steps from the best that Chicago has to offer. Residents enjoy easy access to restaurants, nightlife, and the downtown Chicago business district.
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