Related Midwest Announces Topping Off of 111 West Wacker along Chicago River in Chicago, IL

111 West Wacker Drive apartment tower, Chicago, IL

CHICAGO, IL– Related Midwest announced today the much-anticipated topping off of 111 West Wacker Drive, the developer’s new 60-story iconic apartment tower that will open at Wacker and Clark Street along the Chicago River in 2014.

Curt Bailey

 The topping off marks the most recent milestone in Related Midwest’s redevelopment of the high-profile site, which was originally planned as the home of the Waterview Tower and planned Shangri-La Hotel and luxury condominiums.

 Construction under the site’s original developer reached the 28th floor before stalling in 2008. Related Midwest acquired the site through the Related Real Estate Recovery Fund in 2011 and resumed construction on the concrete shell in October 2012. 

Chicago Night Skyline

“This has been one of Chicago’s most-watched development sites in recent history,” said Curt Bailey, president of Related Midwest. 

“We know Chicagoans have been extremely interested in the progress, which is why their support and anticipation for its opening next year makes the building’s topping off today even more special – and not just for us, but for the city.

“We’ve worked hard to create a building that pays tribute to such an unparalleled location in a city known for world-class architecture,” Bailey continued. “As we near completion, it is incredibly exciting to see the design unfold and witness 111 West Wacker taking its place in Chicago’s skyline.”

When complete, 111 West Wacker will feature 504 luxury apartments offering a best-in-class residential experience encompassing exclusive designer finishes, a full floor of exceptional amenities, a suite of hotel-level services, and a premier location overlooking the Chicago River and bridging the Loop business district and River North neighborhood.

Chicago's South Loop District

The building will offer studios, convertibles, and one-, two- and three-bedroom residences including penthouses. First move-ins are slated for summer 2014.

Related Midwest has assembled an elite team of partners for the project including Lend Lease U.S. Construction, New York-based architect Handel Architects and Chicago-based Kara Mann Design (KMD). The building is expected to achieve LEED Silver certification.

 For a complete copy of the company’s news release, please contact:

Sarah Lyons, slyons@taylorjohnson.com, (312) 267-4520

Kim Manning, kmanning@taylorjohnson.com, (312) 267-4527