NEMA (Chicago)

Last updated

NEMA (Chicago)
20220911 NEMA from Sentral Michigan Avenue 02.jpg
NEMA (Chicago), September 2022
NEMA (Chicago)
General information
StatusCompleted
TypeResidential
Location1210 South Indiana Avenue
Chicago, Illinois 60606
Estimated completion2019
ManagementCrescent Heights
Height
Roof896 feet (273.1 m)
Technical details
Floor count76
Design and construction
Architect(s) Rafael Viñoly
Structural engineerMagnusson Klemencic Associates
Main contractorJames McHugh Construction Co.
Other information
Number of units800
Parking622
Website
www.rentnemachicago.com
References
[1]

NEMA (Chicago) (also 1210 South Indiana and formerly 113 East Roosevelt or One Grant Park) is a 76-story residential skyscraper in Chicago, Illinois in the Central Station neighborhood, of the Near South Side. The tower, built by developer Crescent Heights, has 800 apartments and rises 896 feet (273.1 m) making it the city's tallest rental apartment building. [2] [3] [4] NEMA is the tenth-tallest building in Chicago as of 2024 and the forty first-tallest building in the United States. It is the tallest all-rental residential building in the city. [5]

Contents

NEMA is designed by Rafael Viñoly as the first of a three phase development that includes an even taller 648-unit structure as the second phase and a 100-unit townhouse development with a public park as the third phase. [6] [7] Building interiors are designed by David Rockwell. [8]

History

Despite the financial crisis of 2007–08 and the resulting softening market in 2007, Gerald Fogelson, co-chairman and chief executive of Central Station Development Corp., had sought approval for a 73-story Grant Park Tower III at the 113 East Roosevelt location in 2008. [9] [10] An 83-story Grant Park Tower IV at Michigan and Roosevelt was also planned to begin preconstruction sales in 2009. [9] Miami developer Crescent Heights acquired the real estate for the development in 2012 for $29.5 million. [11] The development was presented in a community meeting on September 22, 2015. [7] The Chicago Plan Commission approved the development on November 19, 2015, in a meeting that also resulted in the approval of the Wanda Vista tower. [12] The building will be located on a 1-acre (4,047 m2) site once used for Illinois Central Railroad tracks in the 1960s. [13] [11] On January 4, 2017, the name of the building was changed to One Grant Park after a 203 million financing loan was announced for the 792-unit, 829-foot, 76-story, luxury residential building. [14] [15]

In 2018, the name was changed again to NEMA, short for "New Market," a lifestyle brand with sister buildings in San Francisco and a project in development in Boston. [16] During the second quarter of 2019, occupants began taking residence. [17] [18] In mid-2019 Crescent Heights refinanced its original construction loans with KKR Real Estate Finance Trust in order to lower its interest rates by about 80 basis points. By that time, 35 percent of the apartments had been leased. [17]

The development sits adjacent to the southwest corner of Grant Park. [19] Originally, the name 113 East Roosevelt was associated with the whole three phase development and reflects the address on Roosevelt Road (at the corner of Indiana Avenue) of Phase I of the development. To its west Phase II of the development will occur and will be a residential building at Roosevelt Road and Michigan Avenue. Phase III of the development is for townhouses and a public park on Indiana Avenue to the east of the two towers. [7] [11] The designs of the towers in the development feature architectural elements, such as “square structural bays of varying stacked heights” that pay homage to Willis Tower. [20] [21] Similar to Willis Tower, the building uses a "bundled tube" configuration, consisting of nine interlocked steel tubes as its framing system, and concrete walls extending to perimeter columns for wind protection. [22] An alternate address for the location is 1210 South Indiana Avenue. [14]

The building is the tallest residential apartment tower in Chicago. [23] [24] It is taller than any building on the South Side of Chicago, surpassing its neighbor One Museum Park. [11]

In January 2021, NEMA (Chicago) won both the Award of Excellence and the Best Tall Building Americas Audience Award of the Council on Tall Buildings and Urban Habitat (CTBUH) in the category Best Tall Building 200–299 meters. [25] [26]

Design, architecture and amenities

NEMA under construction in 2019 NEMAChicago.jpg
NEMA under construction in 2019

Chicago's NEMA Tower consists of three stacked parts: a site-filling base; a square middle section with a southern extension that looks like a giant staircase; and an upper section with several indents. Together, these parts form a sculptural whole reminiscent of Willis, even though the structural systems of the two buildings are quite different. [27]

The designs of the towers in the development feature architectural elements, such as “square structural bays of varying stacked heights” that pay homage to Willis Tower. [20] [21] Similar to Willis Tower, the building uses a "bundled tube" configuration, consisting of nine interlocked steel tubes as its framing system, and concrete walls extending to perimeter columns for wind protection. [22]

The building has 70,000 square feet of amenities, [28] including an outdoor Grant Park and Lake Michigan viewing platform; co-working space; a fitness center and spa with basketball, squash, yoga and a regulation-size boxing ring; golf simulator; indoor / outdoor swimming pool; game room; kids room; and a private dining ballroom. [29]

The interior of the South Loop Tower, including 70,000 square feet of communal space, was designed by David Rockwell, an American architect and designer from New York City. [30] The building is LEED Silver certified. [31] [32]

NEMA Chicago's architectural style has been described by Chicago Curbed magazine as "Millennium Modern. [33]

See also

Related Research Articles

<span class="mw-page-title-main">Lakeshore East</span> Human settlement in Chicago, Illinois

Lakeshore East is a master-planned mixed use urban development being built by the Magellan Development Group in the Loop community area of Chicago in Cook County, Illinois, United States. It is located in the northeastern part of the Loop, which, along with Illinois Center, is called the New Eastside. The development is bordered by Wacker Drive to the north, Columbus Drive to the west, Lake Shore Drive to the east, and East Randolph Street to the south. Skidmore, Owings & Merrill created the master plan for the area. The development, which had been scheduled for completion in 2011, was set for completion in 2013 by 2008. Development continued with revised plans for more buildings in 2018 and continuing construction of the Vista Tower in 2019.

<span class="mw-page-title-main">One Museum Park</span> Residential high-rise in Chicago

One Museum Park is a skyscraper in Chicago, United States. It was designed by Chicago-based architecture firm Pappageorge Haymes, Ltd. and is located in the Near South Side community area.

<span class="mw-page-title-main">Old Chicago Main Post Office</span> Building in downtown Chicago

The Old Chicago Main Post Office is a nine-story-tall building in downtown Chicago. The original building was designed by Graham, Anderson, Probst & White and built in 1921, but the structure was expanded greatly in 1932 in order to serve Chicago's great volume of postal business, swollen by the mail-order businesses of Montgomery Ward and of Sears.

<span class="mw-page-title-main">Salesforce Tower Chicago</span> Skyscraper in Chicago, Illinois, USA

Salesforce Tower Chicago is a skyscraper at Wolf Point in downtown Chicago. It is the tallest and last built of a three tower megadevelopment partly owned by the Kennedy family. The 835 ft (255 m)-tall tower was designed by Pelli Clarke and was completed in 2023. It is the regional headquarters of software company Salesforce.

<span class="mw-page-title-main">St. Regis Chicago</span> Supertall skyscraper in Chicago, Illinois

The St. Regis Chicago, formerly Wanda Vista Tower, is a 101-story, 1,198 ft (365 m) supertall skyscraper in Chicago, Illinois. Construction started in August 2016, and was completed in 2020. Upon completion it became the city's third-tallest building at 1,198 ft (365 m), surpassing the Aon Center. It is the tallest structure in the world designed by a woman. It forms a part of the Lakeshore East development and overlooks the Chicago River near Lake Michigan.

<span class="mw-page-title-main">One Bennett Park</span> Supertall skyscraper in Chicago

One Bennett Park is a skyscraper at 451 East Grand Avenue, in the Streeterville neighborhood of Chicago. The project was first announced as the building at 451 E. Grand Ave. in July 2014, approved in December 2014, and named One Bennett Park in October 2015. The building is named for Edward H. Bennett, the Chicago architect and urban planner who coauthored the 1909 Plan of Chicago. The building topped-out in late 2018, and later opened in the spring of 2019. It is among Chicago's tallest skyscrapers.

<span class="mw-page-title-main">1000M</span> Apartment complex in the Michigan District of Michigan Avenue in Chicago

1000M is an apartment complex in the Historic Michigan Boulevard District portion of Michigan Avenue in the Chicago Loop. Designed by Helmut Jahn and Kara Mann, it is a 74-story, 832-foot (253.6 m) tall tower located at 1000 South Michigan Avenue. The 323-unit building includes studio to four bedroom luxury apartment homes and penthouses. Construction on 1000M officially began in December 2019 and was originally expected to finish in mid-to-late 2022.

Phase II of 113 East Roosevelt was a skyscraper planned for Chicago, Illinois in the Near South Side community area. It will be located at the southeast corner of Roosevelt Road and Michigan Avenue, located adjacent to the southwest corner of Grant Park. The skyscraper is designed by Rafael Viñoly as the second of a three phase development that includes a slightly shorter Phase I NEMA (Chicago) and a 100-unit townhouse development and public park as the third phase. It is planned to have 648 units that will likely be condominiums. Miami developer Crescent Heights acquired the real estate for the development in 2012 for $29.5 million. The development was presented in a community meeting on September 22, 2015. The Chicago Plan Commission approved the development on November 19, 2015, in a meeting that also resulted in the approval of the Wanda Vista tower. The building will be located on a 2-acre (8,094 m2) site. Financing is a prerequisite to initial groundbreaking. In 2023, the site of the development went up for sale by the developer.

Bruce A. Menin is an American businessman. He is a managing principal of Crescent Heights, a real estate development company specializing in the development, ownership, and operation of residential and mixed-use real estate projects in the United States. Crescent Heights is based in Miami Beach, Florida, with regional offices in New York, Chicago, San Francisco and Los Angeles.

<span class="mw-page-title-main">Crescent Heights (company)</span> American real estate company

Crescent Heights, Inc, is an American real estate development company based in Miami, Florida, with offices in Chicago, New York, Los Angeles and San Francisco.

Wolf Point East Tower is the second tallest of three buildings being developed in the Near North Side community area on the Wolf Point property at a fork in the Chicago River in downtown Chicago. The building is planned to be approximately 60 stories and 660 feet (201.2 m) tall. It will have 698 units. Although originally intended to be a mixed use building when planned in 2012 and approved in 2013, the building was reenvisioned as an apartment building in 2016. Construction began in 2017 and is currently finished.

<span class="mw-page-title-main">Loews Hotel Tower</span> Tall skyscraper hotel in Chicago Illinois

455 North Park Drive or Loews Hotel Tower, also known as Loews North Park Drive, is a 54-story 569 ft (173.4 m) tall skyscraper located at 455 North Park Drive in Chicago, Illinois that is owned by Loews Hotels. The 52-floor building has 86,121 m2 (927,000 sq ft) of floor space. It has 400 hotel rooms, 398 rental apartments, and assorted ballrooms, bars, restaurants and parking spaces. All apartments were sold for $240.4 million. It is based on an L-shaped twelve-storey podium. It was the tallest building built in the city in 2015.

<span class="mw-page-title-main">One Chicago (building)</span> Proposed real estate development in Chicago

One Chicago is a skyscraper in the River North neighborhood of Chicago. It reaches 971ft and is among the tallest buildings in Chicago.

<span class="mw-page-title-main">Tribune East Tower</span> Mixed use supertall tower awaiting construction in Chicago

Tribune East Tower is a 1,442 ft (439.5 m) mixed use supertall tower to be constructed on the eastern edge of the Tribune Tower property, in the Streeterville area of Chicago. The building plans were approved on May 8, 2020. When completed, the tower will be the second-tallest building in Chicago, after the Willis Tower, and one of the tallest buildings in the Western Hemisphere. Construction is to begin in February 2024 and to be completed by September 2027.

<span class="mw-page-title-main">Solstice on the Park</span> Residential in Chicago, United States

Solstice on the Park is a residential building in Chicago designed by architect Jeanne Gang and completed in 2018 in the Hyde Park Community area.

<span class="mw-page-title-main">Lakeshore East Building I</span> Planned skyscraper

Lakeshore East Building I is the address of the as-yet unnamed skyscraper that is part of the 2018 revision of the Lakeshore East development masterplan. The property is located immediately south of Wacker Drive and immediately west of Lake Shore Drive with a potential address of 300 North Lake Shore Drive. The property was approved as part of the Lakeshore East masterplan with a 950-foot (290 m) height.

<span class="mw-page-title-main">Essex on the Park</span> Apartment building in Chicago

Sentral Michigan Avenue or 808 South Michigan (Avenue) is a 479-unit apartment building on South Michigan Avenue in the Loop community area, Chicago, Illinois. It is connected to Le Méridien Essex Chicago at 800 South Michigan Avenue.

<span class="mw-page-title-main">900 West Randolph</span> Skyscraper in Chicago, Illinois

900 West Randolph Street, also known as 164 North Peoria, The Row and The Row Fulton Market, is a skyscraper in the Near West Side community area of Chicago. It is located in the Fulton Market District section of the West Loop neighborhood, amid a block of landmarked buildings. It was completed in 2023 with 43 stories, slightly shorter than the original proposal of 51 stories after a series of redesigns. It became the city's tallest building west of Halsted Street. 20% of the units are marketed as affordable housing. It was designed by Morris Adjmi Architects, and it is Chicago's first high-rise built by a Black-owned construction firm.

References

  1. ↑ "One Grant Park". Skyscraper Center. CTBUH. Retrieved August 11, 2017.
  2. ↑ Latrace, AJ (April 8, 2019). "Chicago's New Tallest Apartment Building Is Open for Business". Chicago Magazine. Retrieved April 30, 2019.
  3. ↑ O’Brien, John (April 26, 2019). "Rising up: Here are Chicago's 10 tallest towers in the works". The Real Deal . Retrieved April 30, 2019.
  4. ↑ "New images of NEMA Chicago, Rafael Viñoly's skyline-changing tower". Curbed Chicago . November 28, 2018. Retrieved December 19, 2018.
  5. ↑ Ori, Ryan (January 3, 2020). "From tech company expansions to the opening of Chicago's third tallest skyscraper, here's what to watch for in real estate this year". Chicago Tribune . Retrieved January 12, 2020.
  6. ↑ "Rafael Viñoly updates NEMA Chicago skyscraper design". Dezeen. March 18, 2019. Retrieved April 29, 2019.
  7. 1 2 3 "Pair of residential towers proposed for East Roosevelt in South Loop". Chicago Business Journal . September 23, 2015. Retrieved November 20, 2015.
  8. ↑ Koziarz, Jay (January 8, 2019). "New interior renderings of NEMA Chicago, the city's tallest rental building". Curbed Chicago . Retrieved February 20, 2019.
  9. 1 2 Diesenhouse, Susan (September 17, 2007). "Central Station developer not deterred by soft sales climate". Chicago Tribune . Retrieved December 10, 2015.
  10. ↑ "Grant Park Tower III". Emporis. Archived from the original on December 11, 2015. Retrieved December 10, 2015.
  11. 1 2 3 4 Gallun, Alby (September 23, 2015). "76-story apartment tower proposed in South Loop". Crain's Chicago Business . Retrieved November 20, 2015.
  12. ↑ Kamin, Blair (November 19, 2015). "Chicago Plan Commission approves tower that would be city's 3rd tallest". Chicago Tribune . Retrieved November 20, 2015.
  13. ↑ Brown, Terrell (April 26, 2019). "Chicago Uncovered: NEMA Chicago". WLS-TV . Retrieved April 30, 2019.
  14. 1 2 Ory, Ryan (January 4, 2017). "Grant Park apartment tower gets $203 million construction loan". Crain's Chicago Business . Retrieved January 6, 2017.
  15. ↑ "One Grant Park, Future Tallest Skyscraper South of Willis Tower, Underway". DNAinfo Chicago. DNAinfo Chicago. Archived from the original on January 5, 2017. Retrieved January 5, 2017.
  16. ↑ Speros, Will (March 29, 2019). "Residential Concept NEMA Expands U.S. Footprint". Hospitality Design. Retrieved April 29, 2019.
  17. 1 2 Gallun, Alby (July 1, 2019). "Unfinished South Loop skyscraper scores $340 million loan". Crain's Chicago Business . Retrieved July 11, 2019.
  18. ↑ Gallun, Alby (May 28, 2019). "Downtown Chicago apartment market's hot streak continues". Crain's Chicago Business . Retrieved July 11, 2019.
  19. ↑ Kamin, Blair (October 30, 2015). "Proposed South Michigan Avenue towers appealing, but need to strike balance". Chicago Tribune . Retrieved November 20, 2015.
  20. 1 2 Miller, Linda G. (March 6, 2019). "In The News". aiany.org. Retrieved April 29, 2019.
  21. 1 2 Matthews, David (September 22, 2015). "'Iconic' Proposal Calls For Twin Towers, One 76 Stories Tall, In South Loop". DNAinfo.com. Archived from the original on November 20, 2015. Retrieved November 22, 2015.
  22. 1 2 Kamin, Blair (December 9, 2019). "NEMA, city's tallest rental high-rise, reinterprets Willis Tower in one of the finest efforts of Chicago's current building boom". Chicago Tribune . Retrieved January 12, 2020.
  23. ↑ Moscop, Susan (January 7, 2019). "Chicago's tallest rental residences: High-tech living with a local touch". Chicago Tribune . Retrieved January 10, 2019.
  24. ↑ Koziarz, Jay (July 17, 2019). "A first peek inside NEMA Chicago, the city's tallest rental building". Curbed Chicago. Retrieved July 17, 2019.
  25. ↑ "World's Best Tall Buildings Announced". The Urban Developer.
  26. ↑ "Best new skyscrapers recognized with CTBUH's 2021 Awards of Excellence". Archinect.
  27. ↑ Kamin, Blair (December 6, 2019). "Column: Near South's new giant gets it right by doing architecture the Chicago Way". Chicago Tribune. Archived from the original on December 7, 2019.
  28. ↑ Koziarz, Jay (December 13, 2019). "These were Chicago's 10 most important projects of the past decade". Curbed Chicago. Retrieved January 12, 2020.
  29. ↑ Flamer, Keith (March 28, 2019). "Amenity-Rich NEMA Towers Rise In Chicago And Boston". Forbes . Retrieved April 28, 2019.
  30. ↑ Koziarz, Jay (January 8, 2019). "New interior renderings of NEMA Chicago, the city's tallest rental building". Curbed Chicago.
  31. ↑ "Water Wise and Sustainably Made". Metropolis Magazine.
  32. ↑ "LEED rating system". USGBC.
  33. ↑ Blasius, Elizabeth (December 5, 2019). "An illustrated guide to Chicago architecture". Chicago Curbed.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.