{"id":1004169822,"date":"2017-03-20T03:58:13","date_gmt":"2017-03-20T11:58:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004169822"},"modified":"2022-12-08T16:15:10","modified_gmt":"2022-12-09T00:15:10","slug":"ultramodern-river-point-tower-opens-in-chicago","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ultramodern-river-point-tower-opens-in-chicago\/","title":{"rendered":"Ultramodern River Point Tower Opens in Chicago"},"content":{"rendered":"<p>By Veronica Grecu<\/p>\n<div id=\"attachment_1004169823\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/river-point-project-rendering.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004169823\" data-attachment-id=\"1004169823\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/ultramodern-river-point-tower-opens-in-chicago\/river-point-project-rendering\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/river-point-project-rendering-e1490008821404.jpg\" data-orig-size=\"899,676\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"River Point Tower in Chicago, rendering\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;River Point Tower in Chicago, rendering&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/river-point-project-rendering-e1490008821404.jpg?w=899\" class=\"wp-image-1004169823 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/river-point-project-rendering-e1490008821404.jpg\" alt=\"River Point Tower in Chicago, rendering\" width=\"300\" height=\"226\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/river-point-project-rendering-e1490008821404.jpg 899w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/river-point-project-rendering-e1490008821404.jpg?resize=300,226 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/river-point-project-rendering-e1490008821404.jpg?resize=768,577 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004169823\" class=\"wp-caption-text\">River Point Tower in Chicago, rendering<\/p><\/div>\n<p><strong>Chicago<\/strong>\u2014Leandlease recently celebrated the grand opening of River Point, Chicago\u2019s largest and most anticipated commercial real estate project since 2009.<\/p>\n<p>Construction at the 52-story ultra-modern office tower <a href=\"https:\/\/www.commercialsearch.com\/news\/construction-begins-on-45-story-west-loop-office-tower\/\" target=\"_blank\" rel=\"noopener\">kicked off in early 2013<\/a> as a $400 million joint venture between Hines, Canada-based real estate investment firm Ivanho\u00e9 Cambridge, and local business leader Larry Levy. Lendlease provided construction management services for the 1.4 million-square-foot project, while Pickard Chilton Architects designed the building.<\/p>\n<p>Located on 2.5 acres at 444 W. Lake St. in the West Loop, on the banks of the Chicago River, River Point features world-class architecture, efficient interior design and outstanding views of the Chicago Riverwalk and the 1.5-acre plaza that is also part of the project. The Class A office tower was LEED Gold (Core and Shell) pre-certified in 2008.<\/p>\n<p>According to Yardi Matrix data, River Point offers column-free floor plates of 26,000 square feet on floors nine through 50 and 15,000 square feet of retail space on the first four floors, while floors 51 and 52 are dedicated to mechanical equipment and systems. Tenant amenities include 150 parking spaces in a multi-level garage, state-of-the-art technology, conference center, fitness center, 20 elevators, three-story lobby, and <a href=\"https:\/\/www.commercialsearch.com\/news\/river-point-tower-gets-steakhouse-with-retractable-roof\/\" target=\"_blank\" rel=\"noopener\">a 10,000-square-foot Italian restaurant<\/a> that spans two levels at the north side of the building.<\/p>\n<p>Tenants at River Point include McDermott, Will &amp; Emery, DLA Piper\u2014who recently <a href=\"https:\/\/www.commercialsearch.com\/news\/dla-piper-leases-7-floors-at-the-river-point-tower\/\" target=\"_blank\" rel=\"noopener\">signed a lease for 175,000 square feet of office space<\/a> on seven fullfloors at the building\u2014Servcorp, <a href=\"https:\/\/www.commercialsearch.com\/news\/morton-salt-makes-the-move-to-river-point\/\" target=\"_blank\" rel=\"noopener\">Morton Salt<\/a>, Water Street Healthcare Partners, Harrison Street Real Estate Capital, Gallup and Levy Family Partners.<\/p>\n<p><em>Image courtesy of Hines<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hines\u2019 1.4 million-square-foot downtown property is the first office tower to open in the city in eight years. <\/p>\n","protected":false},"author":258,"featured_media":1004508161,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21782,21808,11,21742,21747],"tags":[33026,34481,32797,33565,34477,33849,34478,34480,34132,34479],"class_list":["post-1004169822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-development","category-featured","category-midatlantic","category-latest","category-office","tag-dla-piper","tag-gallup","tag-hines","tag-ivanhoe-cambridge","tag-larry-levy","tag-lendlease","tag-mcdermott-will-and-emery","tag-morton-salt","tag-river-point-tower","tag-servcorp"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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