CHICAGO—Related Midwest last week celebrated the topping off of One Bennett Park, the developer's luxury residential tower at 451 E. Grand Ave. in Chicago's Streeterville neighborhood. The celebration, co-hosted with Lendlease, the project's general contractor, included a lunch and raffle for more than 350 tradespeople who worked on the building. Rising 836 feet, One Bennett Park is the tallest tower topped off in downtown Chicago since 2009 and, upon completion, will be the tallest all-residential skyscraper in the city.
The building will open in a multifamily market that has reached a plateau. Demand for downtown residences remains strong, however, especially for those in buildings with distinctive features.
“The topping off of One Bennett Park represents a construction milestone not only for this project, but for all of Chicago and Streeterville in particular,” says Curt Bailey, president of Related Midwest. “Expertly designed by Robert A.M. Stern Architects and inspired by our city's timeless Art Deco-style buildings, One Bennett Park will elevate luxury living in every possible sense — something that is apparent even now through our use of limestone, classic step-ups along the building's façade, and distinctive materials that reflect the tower's exceptional level of craftsmanship and detailing.”
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