Construction is set to begin this summer on what would be the third tallest building in Chicago.
Right now, the plot of land is just a muddy corner downtown along the East branch of the Chicago river. But in a few years, it will be the foundation of a 95 story building for retail, a hotel and more than 400 luxury condos.
Mayor Rahm Emanuel says the Vista Tower’s height and design by Chicago architect Jeanne Gang will contribute to the city’s architectural landscape and significance. The mayor’s office says the project is the largest-ever real estate investment by a Chinese company in Chicago and is expected to create more than 2,000 construction jobs and more than 500 permanent jobs.
The Vista Tower will house a 5-star hotel with approximately 200 hotel rooms, more than 400 condominiums and approximately 9,000-square feet of retail space. The building will stand at nearly 1,200 feet tall, spanning over Lower Field Drive with views to the river, lake and city.
Lauren Chooljian covers city politics for WBEZ. Follow her @laurenchooljian.