Waterview Tower

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111 W. Wacker
111 W Wacker Building Chicago 030314.jpg
Construction photo of 111 W. Wacker in Chicago (April 2014)
General information
Status Under construction
Type Rental residences
Location 111 West Wacker Drive
Chicago, Cook County, Illinois, USA
Coordinates 41°53′11″N 87°37′53″W / 41.88639°N 87.63139°W / 41.88639; -87.63139Coordinates: 41°53′11″N 87°37′53″W / 41.88639°N 87.63139°W / 41.88639; -87.63139
Construction started 2012
Estimated completion 2014
Height
Roof 630 ft (190 m)
Technical details
Floor count 59
Floor area (originally planned to be 1,300,000 sq ft (120,000 m2))
Design and construction
Architect Handel Architects (originally Thomas Hoepf (Teng and Associates, Inc.))
Developer Related Midwest (originally Teng and Associates, Inc. & Waterview LLC)
Main contractor (originally Teng Construction, LLC)

111 W. Wacker (formally Waterview Tower) is a skyscraper under construction in downtown Chicago, Illinois, United States. The original plan called for it to be 1,047 ft (319 m) tall.

In May 2008, construction ceased after the parking garage portion and most of the hotel floors were completed. The project was idle until in May 2010, a consortium of creditors and lienholders (called Clark Wacker LLC) took over ownership of the project and formed a Joint Venture with Related Midwest in July 2011 to restart and complete the project.

In 2012, 111 West Wacker Partners LLC, the new Joint Venture, proposed a completely new design that will repurpose the existing structure into a luxury, rental tower to better suit the current real estate market. As a result, the building will no longer contain a hotel and condominiums, but contain 506 rental units, an expansive first floor retail space and 439 parking spaces. The new building, designed by Handel Architects will be substantially smaller in height at 59 stories and 630 ft (190 m) tall.

Location[edit]

The tower was being built on Wacker Drive between LaSalle Street and Clark Street, where a parking lot had been.[1] The official address of the building is 111 W. Wacker Drive.

Original plans[edit]

Waterview Tower was originally planned to have parking for guests and residents on floors 2 to 11. A setback at the 29th floor level would have held a rooftop garden[1] in addition to being the amenities level for all building guests and residents. [2] The remaining 30th through 88th floors were to have comprised 233 condominium and penthouse residences. The tower was originally designed to be a concrete building with an exterior wall made of glass, granite and aluminum to generate a prismatic look. Per one of the city's approval conditions to include an outdoor garden, a terrace was planned to have spread over approximately 8,000 sq ft (740 m2) featuring landscaping, water elements, sun deck, and pet recreation area on the 29th floor.

Waterview Tower
General information
Status Never built
Location 111 West Wacker Drive
Chicago, Cook County, Illinois, USA
Estimated completion Not Yet Known
Height
Roof 3,191 feet (973 m)
Technical details
Floor count 90

Current status[edit]

Although the building's construction was delayed due to financial issues, it is now under construction with the revised building design to better suit the market.[3]

Construction photographs[edit]

See also[edit]

Notes[edit]

  1. ^ a b "Waterview Tower, Chicago". Emporis. October 11, 2007. Retrieved 2009-06-24. 
  2. ^ "WaterviewTower.com, Chicago". October 11, 2007. Retrieved 2007-10-11. 
  3. ^ "Waterview Tower Information". Retrieved 8 January 2013. 

External links[edit]