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Park Tower and Mall

Condominium building in Chicago, Illinois


Condominium building in Chicago, Illinois

FieldValue
namePark Tower
imageFile:Edgewater Beach Hotel 060325.jpg
image_alt
image_captionPark Tower (2nd from left, in 2006)
map_typeChicago#Illinois#USA
coordinates
building_typeCondominium
address5415 North Sheridan Road
location_cityChicago, Illinois
location_countryUnited States
start_date1971
completion_date1973
demolition_date
governing_bodyPark Tower Condominium Association
height513 ft
floor_count54
elevator_count6 in the tower, 2 in the mall
architecture_firmSolomon Cordwell Buenz
developerMarshall Holleb
public_transitat Bryn Mawr and Berwyn
website

Park Tower is a high-rise residential building in the Edgewater community area on the shore of Lake Michigan in Chicago, Illinois. It is one of the largest all-residential buildings in Chicago and the second-tallest building in Illinois outside of downtown Chicago.

Development

Originally constructed as 5415 EdgewaterBeach, on the former site of the Edgewater Beach Hotel, it was renamed Park Tower and Mall in 1979 when it was converted from apartments to condominiums by Robert Sheridan & Partners. Eight of the original 728 apartments have been legally merged into four units, leaving a total of 724 condos. Some other condos have been physically merged, to varying degrees, without being legally merged.

Each of the 52 residential floors had an identical layout, originally consisting of 14 units each. The original units range from 565 to. The four legally merged units range from 1,815 to. Total residential space is over 580,000 ft2.

Amenities

The property includes a party room, an underground parking garage that holds over 300 cars, a bicycle storage room, a laundromat, an indoor swimming pool and hot tub, outdoor wading pool, rooms with weight lifting and cardio equipment, saunas, and a racquetball court. Many of the building's amenities are not included in residents' monthly assessments.

Mall

Attached to Park Tower, at 5419 N Sheridan Rd, is an indoor shopping mall with 16 commercial units. Originally intended for retailers and services targeting Park Tower residents, including Jonathan Livingston Seafood, Edgewater Market Ltd. (Centrella), The Bike Stop, Brass Bed Emporium, and a pharmacy, the only remaining retailer is family-owned Chicago-area supermarket chain Go Grocer. The remainder of the units have been converted to office space, much of which has been taken by Lettuce Entertain You Enterprises. Park Tower Condominium Association, the governing body for Park Tower and Mall, uses one of the mall offices. The mall also has a First American Bank ATM and public UPS, USPS, and FedEx drop boxes.

References

References

  1. (3 March 2023). "Assessment and Fee Adjustments Coming March 1st".
  2. (9 July 2014). "Building".
  3. McNally and Quinn Records, [[Ryerson & Burnham Libraries. Ryerson and Burnham Art and Architecture Archives]], [[Art Institute of Chicago. The Art Institute of Chicago]], [https://artic.contentdm.oclc.org/digital/collection/findingaids/id/26692/rec/2 Box 7 Folder 13 and Portfolio 4.4]
  4. "Locations".
  5. "Lettuce Look Back: Highlights of Lettuce Entertain You from 1971 - Today".
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