The Trump International Hotel and Tower , also known as Trump Tower Chicago and Trump Tower , is a condominium-hotel skyscraper in downtown Chicago, Illinois. The building, named after US businessman and current President Donald Trump, was designed by architect Adrian Smith from Skidmore, Owings and Merrill. Bovis Pinjam Sewa builds a 98-storey structure, which reaches 1,388 feet (423.2 m) height including the top of the tower, its roof reaches 1,171 feet (357 m). It is next to the main branch of the Chicago River, with a view of entering Lake Michigan outside a series of bridges over the river. The building receives publicity when the first season winner of Bill Rancic's reality show The Apprentice, chooses to manage the tower construction on the management of the Trump Golf Course and a new resort in Los Angeles.
Trump announced in 2001 that the skyscraper would be the tallest building in the world, but after the September 11 attacks that same year, it reduced the building plan, and the design underwent several revisions. When it ended in 2009, it became the fourth tallest building in the US. It extends beyond the city of John Hancock Center as the tallest residential building (apartment or condominium) in the world, and briefly holds this title until the completion of the Burj Khalifa.
Building designs include, from the ground up, retail space, parking garages, hotels and condominiums. Hotel 339 rooms opened for business with limited accommodation and services on 30 January 2008, then full-service accommodation and services on 28 April. A 16th floor restaurant, Sixteen, opened in early 2008 to favorable reviews. The building ends at the end of 2008 and construction is completed in 2009. By 2015, the hotel is located between three in Chicago with a five star rating of Forbes Travel Guide. This restaurant is one of the three Forbes five star restaurants in town and the spa is one of six that is at least four-star Forbes-rated in the Chicago area by 2015. Sixteen is one of five Chicago restaurants with at least a two star rating Michelin Guide in 2016.
Video Trump International Hotel and Tower (Chicago)
Location
The tower is located at 401 North Wabash Avenue in the River North Gallery District, part of the Near North Side community area in Chicago. The building occupies the site left behind by the Chicago Sun-Times, one of the city's two main newspapers, and its location within the River North Gallery District places it in an environment with high artistic concentration. gallery since the 1980s. The site, at the foot of Rush Street, is on the north side of the Chicago River west of the Wrigley Building and Michigan Avenue Bridge, and east of Marina City and 330 North Wabash. The building is close to many Chicago landmarks; it borders the Michigan-Wacker District, which is a Registered Historic District. Part of the building is visible throughout the city, and the entire length of the building is visible from boats on the river, as well as from locations to the east along the river, such as the mouth of Lake Michigan, Overpass Lake Shore Drive, and Columbus Drive Bridge.
The building is across the Chicago River from the Chicago Loop, the city's business district. It is a block away from the southern end of the Magnificent Mile section on Michigan Avenue. The restaurant, Sixteen, has a clear view of the entrance of the Chicago River to Lake Michigan and four completed buildings in the 1920s that flank the Michigan Avenue Bridge (Wrigley Building, Tribune Tower, 333 North Michigan and 360 North Michigan).
Maps Trump International Hotel and Tower (Chicago)
Design and architecture
The building design incorporates three decadent features designed to provide visual continuity with the surrounding horizon, each reflecting the height of the nearby building. The first setback, on the east side of the building, was parallel to the Wrigley Building's cornice line to the east; the second, on the west side, parallel to River Plaza in the north and with Marina City Towers to the west. The third setback, on the east side, corresponds to 330 North Wabash buildings (formerly known as IBM Plaza). However, some views distort the alignment of the second setback. Setbacks and rounded sides of the building's combat vortex formation. The body of the building is raised 30 feet (9.1 m) above the main entrance of Wabash and 70 feet (21 m) above the Chicago River. Permasteelisa curtain wall uses a clear low emissivity-coated glass and a stainless-steel curved mullion system projected 9 inches (23 cm) from the glass line. It incorporates a brushed stainless steel spandrel panel and a clear anodized aluminum.
The building has 2,600,000 square feet (240,000 m 2 ) of floor space, rises to 98 floors, and 486 residential luxury residential homes. This includes studio apartments, mixed suites with one to four bedrooms, and a five-bedroom penthouse. The tower also has luxury hotel condos with 339 guest rooms. Buildings include, from the ground up, retail space, parking garages, hotels, and condominiums. Lobby of the 3rd to 12th floor, retail space, and parking garage; 14th floor and its mezzanine has a health club and spa. 17th floor via a 27th floor mezzanine containing hotel condos and executive lounges. Floors 28 to 85 have a residential condominium, and floors 86 through 89 have a penthouse. The 1.2-acre (0.49 ha) river and river basin park along 150 feet (150 m) of space adjacent to the building to the east, opened in the first half of 2010. The park facilitates public meetings and entertainment activities while connecting buildings effectively with river commuters.
In 2011, the landscape of river gardens surrounding the buildings, called Trump Plaza and Riverwalk or sometimes just Trump Plaza, became the subject of controversy. In 2010, Plaza has received special recognition in Daley Landscape Insight. The press release records the landscape "for their magnificent new civil landscape which is a seemingly sophisticated and intriguing Irish poetic interpretation." In 2011, however, the planting of small sumac, fern and grass trees with yellow, orange and red colors was removed and replaced with evergreens such as junipers and boxwoods, gray stone pieces, and purple perennials (catmint and salvia) , which may require less watering. To add to the controversy, the planting was accompanied by a plan to light up trees to attract park visitors at night, contrary to the "dark sky" movement to reduce light pollution to facilitate better star review.
It broke the record for the world's tallest residence above ground, held since 1969 by the nearby John Hancock Center. Because Trump Tower owns both condominiums and residential condominiums, it does not compete with the record held by the 88-story 432 Park Avenue in New York City, which, at 1,396 feet (425.5 m), is the tallest occupant building in the world.
Height
Trump International Hotel and Tower rises 1,362 feet (415.1 m) from the main entrance of the building on Wabash Avenue to the top of the architectural tower. After completion in 2009, this building became the seventh tallest building in the world, behind the 1,380 ft (420.6 m) Jin Mao Tower in Shanghai, People's Republic of China. However, on November 17, 2009, the High Urban Building and Habitat Council (CTBUH), which ranked the world's highest skyscraper by various criteria, changed the standard for measuring building height. Prior to this change, the height of building architecture was calculated from the main entrance to the top of the tower; a new standard measured from the lowest open air pedestrian level of a building. Since the Trump International Hotel and Tower has 27 feet (8.2 m) entrance and pedestrian entrance below Wabash Avenue entrance, the official skyscraper height is recalculated as 1,388 feet (423.2 m) without any physical addition to the structure. According to the CTBUH, the recalculated height also makes this tower the sixth tallest building in the world, surpassing the Jin Mao Tower as far as 9 feet (2.7 m). In January 2010, the building returned to its position as the seventh highest with the opening of 828 meters (2,717 feet) of Burj Khalifa in Dubai.
List
According to Trump, he received approval for 3,600 square feet (334,5 m 2 ) from the administration of Chicago Mayor Richard M. Daley in 2009, but renegotiated with Mayor Rahm Emanuel's government. In October 2013, Trump received approval to install stainless steel letters as high as 20-foot (6.1Ã,m) with white LED lights that spell TRUMP on the 16th floor of the building. He made upcoming plans for a public alert in February 2014. According to a spokesman for the city planning department, the standard protocol for a mark is to seek approval from members of the local city council (Brendan Reilly, 42nd ward) and the full Chicago City Council. The five letters have a width of approximately 141 feet (43 m), so the approved final version is about 2,800 sq ft (260.1 m 2 ) - 2,891 square feet (268.6 m 2 ) according to some sources - rather than the size originally proposed. This sign is located about 200 feet (61 m) above ground level.
The crew began hanging the mark in May 2014. When the architectural critic Kamin warned Trump that his review of the sign was unprofitable, Trump replied, "As time passes, it will become like the Hollywood Sign"; The architect Smith distanced himself from the sign that said, "Just for the record, I have nothing to do with this sign!" The controversy surrounding the mark drew the attention of the national press and the international press as it was nearing completion and the Associated Press ran a story about Mayor Emanuel's rejection in mid-June. According to Mayor Kelley Quinn's spokesman, "Mayor Emanuel believes this is a tasteful architectural building filled with architectural marks". Kamin has noted that part of the problem is the city's architectural tradition: "If this mark is in Atlantic City or Las Vegas, no one cares - but in Chicago, and in parts of Chicago full of big buildings from the 1920s to the 1960s etc ". Trump and Reilly both show how inappropriate the Chicago Sun-Times board was before. As a result of the failure, Emanuel started a study on how to change the rules to avoid any similar signage controversy in the future. A Chicago-based design company has plans to create and float four giant pig balloons in front of the mark in protest, pending approval by the US Coast Guard and Chicago Department of Transportation.
Features
According to the "City Guide 2010: Chicago" edition of
The restaurant is promoted to a two star rating by the Michelin Guide for 2014 and maintains it by 2015. It is one of Chicago's 5 restaurants that earned at least a two star Michelin star rating in two years. In 2016, again retained a two star rating as one of five restaurants in a city of such rank.
Hotel
The initial plan was to open some of the three floors of the hotel on December 3, 2007, with a major opening to follow. The provisional ceremony, however, was delayed until January 30, 2008, while the City of Chicago granted residential approval to hotel staff on the first 27 floors. Four floors of guest rooms are opened, consisting of 125 of the 339 rooms planned. On January 30, construction on the exterior of the building has passed the 53rd floor. The opening of the hotel, including the facility, was originally scheduled for March 17, 2008, taking place on April 28, 2008. Pulitzer Prize-winning Chicago Tribune architectural critic Blair Kamin mistakes a zebrawood panel in the hotel lobby but a Tribune reporter others praised the hotel for its "unpretentious contemporary look, distinguished by the stunning scenery".
Restaurants
On the 16th floor, a restaurant called Sixteen opened in early February 2008, and the outdoor patio terrace, called The Terrace at Trump, opened on June 25, 2009 after the completion of the construction. The restaurant opened for favorable reviews for its cuisine, decor, location, architecture, and scenery. Sixteen, designed by Joe Valerio, is described architecturally as a sequence of spaces that do not reveal themselves at once, but rather to "processions." The Foyer is a T-shaped restaurant, and the hallway leading to the hotel is lined with architectural floor-to-ceiling bronze wine shelves in a red and white wine room opposite. The hallway leads to a view - praised by Kamin - who showcased the Wrigley Building clock tower and tower flying Tribune Tower. Kamin notes that this view is "more intimate" than the view of the Signature Room, a restaurant near the top of the Hancock Center. The views depicted are equally impressive during the day and night. The main part of the procession is the Tower Room, a dining room with a 30-foot dome-shaped ceiling made of West African wood. The dome is equipped with Swarovski chandelier and incorporates a mirror so that all visitors can experience the scenery.
The Terrace, which opened on June 25, 2009, has spectacular views of the Chicago River and Lake Michigan as well as seasonal fireworks Wednesday and Saturday night of the Navy Pier, and is designed for outdoor dining or "al fresco".
Located on the mezzanine level, Rebar - hotel bar - opened on April 18, 2008.
Spa
The 23,000-square-foot Spa (2,100 m 2 ), named The Spa at Trump, opened at the end of March 2008. The spa offers massage gemstones (diamond, ruby, or sapphire), hydrating masques, and "Deluge Shower". It has a health club with an indoor pool, eleven treatment rooms, private couples treatment suite, Swiss bath and sauna. The editorial review of Citysearch describes this as "Bentley of hotel spa". A Chicago Tribune critic talks about the spa in positive terms for the treatment and the physical spa itself. The Spa at Trump is accessible from the large circular staircase inside the hotel, allowing customers to access the facilities of a specially designed spa room without the use of an elevator.
Development
Design history
In July 2001, when Donald Trump announced plans to build a former seven-storey Sun-Times Building, the tower was estimated at 1,500 feet (457.2 m), which would make it the tallest building in the world. It is expected to contain between 2,400,000 and 3,100,000 square feet (220,000 and 290,000 m 2 ) of floor space and cost about $ 77 million just for property rights. Three architectural firms are considered: Lohan Associates, Kohn Pedersen Fox Associates, and Skidmore, Owings and Merrill; Trump chose Skidmore, Owings and Merrill in August 2001. Adrian Smith, who previously designed the Jin Mao Tower, led the SOM team, giving Chicago the third skyscraper of the same company that previously designed Willis Tower and Hancock Center.
After the terrorist attacks of September 11, 2001, Trump reduced its planned height to 78 floors and 1,073 feet (327.1 m), to reduce the risk of similar attacks. Time Magazine reported that the meeting between Smith and Trump about establishing the tallest building in Chicago was happening in the real time of the attack. Several international news sources later claimed that the planned tower altitude was reduced to 900 feet (274.3 m) after the initial plan called for a 150-storey building that would reach 2,000 feet (609.6 m). This claim is supported by a computer rendering from 1999 of the proposed skyscraper, shown at Chicago Tribune in 2005.
The 1,073-foot (327.1 m) building design was first released in December 2001. However, the first design did not meet with the approval of another architect, or from a Chicago resident. The subsequent revisions in July 2002 resulted in an 86-storey design for use as an office and residential structure, similar to the 2006 design which, however, for different use combinations. Smith's 2002 plan placed a broadcast antenna (several communication antennas) at the top of the building. The revised 90-storey plan, 1,125 feet (342.9 m) was unveiled in September 2003 for a building including condominiums, office space, "condo hotels", retail stores, and restaurants. In January 2004, another revision changed the floors 17 to 26 from the office into condos and hotel rooms. In May 2004 plan, Smith decided to occupy the top of the building with an ornamental tower instead of a communications plate. This dish, according to the Council of Tall Buildings and Urban Habitats, will not count toward the height of the building. The top of the tower, however, will be counted, raising the tower's height to 1,300 feet (396.2 m). At one point in 2005, Trump aspired to build a slightly taller building that would surpass the Sears Tower as the tallest building in the country, but Chicago Mayor Richard M. Daley opposed the plan. Eventually, Smith settled in the design with a height of 1,362 feet (415.1 m), which is the height of 2 World Trade Center, which is shorter than the former World Trade Center twin towers. This height makes Tower as the third highest in the United States after One World Trade Center and Willis Tower.
Initial phase
On October 16, 2004, Donald Trump and Hollinger International, the parent company of the Chicago Sun-Times, completed a $ 73 million sale from a former newspaper house a week after being relocated. On October 28, 2004, Trump held a ceremony to start the dismantling of the former Sun-Times Building. Demolition and construction were financed by a $ 650 million loan from Deutsche Bank and a trio of hedge funds, one of which was supported by George Soros.
In March 2005, the construction process began with the first sinking of caisson for the tower to the bedrock. In April, construction began at the foundation under the Chicago River. In July 2005, water from the river began seeping into the building site, through cracks in the corner where the foundation walls met the Wabash Avenue Bridge. Divers found that leaks could not be sealed from the water side. After several other failed attempts to fix the problem, they rode the steel plate next to the crack and filled the intermediate space with concrete after digging out.
In a 24-hour period in October 2005, a fleet of 30 concrete trucks made 600 trips to pour 5,000 cubic yards (3,800m 3 ) concrete, and thus create 200-by-66 -by-10- foot (61.0 mÃ, ÃÆ'â € "20.1 mÃ, ÃÆ'â €" 3.0 m) of concrete "mat". Mats serve as the base of the building, from which the spine rises. Those involved with the construction called the day as "Big Pour". James McHugh Construction Co. contracted for real work in this work. They acquired concrete from Chicago Avenue and Halsted Street distribution website from Prairie Material Sales Inc. in Bridgeview, Illinois, the largest privately owned concrete company in the United States. Prairie uses a concrete formula that has never been used in the construction business to meet the 10,000 psi (69 MPa) specification, which exceeds the 7,000 psi (48 MPa) standard for conventional concrete.
Legal issues
In October 2006, the controversy erupted over a 10-by-4.5-foot (3.0 by 1.4 m) street kiosk at the foot of the Magnificent Mile in front of the Wrigley Building at 410 North Michigan Avenue that advertises Trump Tower a full block. Extensive debate and publicity occurs on the issue of whether such advertising should be allowed. Two different laws in 2002 and 2003 by the Chicago City Council had authorized the kiosk, but the sidewalk billboards were not common in Chicago at the time, and their desires were questioned. Despite a request from a local citizen organization and Alderman Burton Natarus (who has voted in favor of legislation) to remove the kiosk, Trump agrees only to remove pricing information from the nameplate, after a request to remove all ads from it. Initially, one side displays geographic information and the other side serves as a billboard.
In separate legal development, Donald Trump was sued by former Chicago Sun-Times publisher F. David Radler and his daughter in February 2008 for having withdrawn all "friends and family" condominium purchases, including Radler's. As president of Radlin's parent company Sun-Times, Radler has negotiated the sale of paper headquarters building to the Trump consortium. The price of condo Radler has been discounted by 10%, and only 5% deposit is required instead of the 15% standard. Radler and family are part of a group of 40 insiders who are able to purchase properties for about $ 500 per square foot ($ 5,400/m 2 ). When the property market value eventually rose to over $ 1,300 per square foot ($ 14,000/m 2 ), Trump canceled the sale of "friends and family". Insiders are involved in planning and building design. In January 2007, Trump cited both clauses about "things beyond the seller's reasonable control" and a desire to "have more revenue to handle higher-potential construction costs". Despite Trump's concerns about higher construction costs, at the beginning of the same month, Ivanka Trump, his daughter and a company executive, had stated that the construction was worth $ 50 million under budget. In addition to Radler's suit on the validity of the "friends and family" discount contracts, a group of four owners sued over a revised closing requirement, which placed limits on the condominium unit owner's occupancy and excluded the meeting room and ballroom. of the common elements whose owners have an interest.
In additional legal matters, on February 8, 2005, Trump has closed down a construction loan of $ 640 million from Deutsche Bank for the project. He also secured a junior mezzanine loan of $ 130-135 million from another syndicate led by Fortress Investment Group. As part of this contract, Trump has included a personal guarantee of $ 40 million. The contract also mandates partial payments for each closed unit sale, and the minimum selling price. In September 2008, due to slow unit sales, Trump attempted to extend both loans until mid-2009 because it felt that it was necessary in the business environment and expected from the start of the contract. On November 10, Deutsche Bank demanded extraordinary loan payments and a $ 40 million guarantee. Trump filed a lawsuit later that month against Deutsche Bank in the Supreme Court of New York in an attempt to forgive payments of more than $ 330 million due on November 7, and to extend construction loans for an indefinite period due to exhaustion. the circumstances arising from the financial crisis of 2007-2010. Trump cites the "force majeure" clause enabling the borrower to delay the completion of the project under the catcher section that includes "any event or other circumstance that is not within the reasonable control of the borrower". Trump is not only looking for an extension but seeking $ 3 billion in compensation from the bank for the use of its predatory lending practices to damage the project and damage its reputation, which he claims is "linked worldwide in a timely, under budget, first class construction and operations project first class luxury hotel. "In late November, Deutsche Bank replied to Trump to force him to uphold his personal payment guarantee since February 2005, after he failed to pay the amount due on November 7 - an extended date. The lawsuit does not interfere with Trump's ability to continue to draw the line of credit provided by Deutsche Bank, because without sustainable project financing, Deutsche Bank may have to take on the role of developer. In March 2009, the two sides agreed to suspend litigation and settle disputes peacefully in an effort to help the project succeed. In September 2010, the amended loan agreement halted litigation and extended the development loan period to approximately $ 600 million over five years.
Construction
Bill Rancic, The Apprentice of the first season as the winner in 2004, was initially hired to manage the project with a $ 250,000 salary. Rancic's title is President of Trump International Hotel and Tower, but the title is somewhat misleading, as he is actually studying at work as "Apprentice." The Rancic contract was renewed after its first year, but in September 2005 it appeared that his work with Trump would end by the end of his second year in April 2006. During 2005 Donald Trump, Jr., who had been involved in development from an early stage in 1999, oversaw development with weekly visits, while Rancic works on sales and marketing. In December 2005, Rancic explained that he wanted to continue working for Trump, and in April 2006 his contract was renewed for the third year. That year the children of Donald Trump began to regard the prominent public role as in the Trump Organization; in January 2007 Trump's three trumped adult children (Ivanka Trump, Donald Trump, Jr., and Eric Trump) were executives in the organization's acquisition and development division. By the time the Chicago Trump Tower hotel opened in the building in January 2008, Donald Trump and his three grown children were in the spotlight, overseeing the construction.
Bovis lent lease, recorded for work at Disneyland Paris, Petronas Towers, and Time Warner Center, is a construction company. James McHugh Construction Co., a concrete subcontractor, implements a comprehensive formwork for building construction. At the completion of the construction, the building is the world's tallest formwork structure, and follows in the footsteps of its neighbor, Marina City, and Chicago's Two Prudential Plaza, as past record holders. Concrete molding is used, since using a traditional iron structure will require a building footprint that will be too large for the size of the property, proportional to the height of the designed building. A steel frame should be as long as 25 feet (7.6 m) wider to support the construction of this proportion. Concrete will ward off the force of the wind with the force of gravity from the 360,000-short-ton building (330,000 t). A new chemical process that utilizes more liquid liquid concrete facilitates pumping concrete up to several hundred meters to a higher construction site. Although the previous technology was limited to the formwork of up to 700 feet (213.4 m), this technology enabled the pumping of 1,700 feet (518.2 m) high concrete.
The building is sustained as part of limestone rocks 420 million years old 110 feet (33.5 m) underground. It uses a 4-foot (1.2 m) -all poles drilled beneath the building. Every 30 feet (9.1 m) around the perimeter, steel reinforced concrete is poured into these holes to form structural support. On top of the shaft and pillars of this caisson, the foundation of 8,400-short-ton (7,600 tons) concrete foundation was built to support the spine of the building. The building has 241 caissons, and most caissons are only down 75 feet (22.9 m) to hard clay. However, 57 of them went an additional 35 feet (10.7 m) into the ground, including 6 feet (1.8 m) from the bedrock. The concrete spine uses five beam-shaped walls and exterior columns, narrowing to two as the building rises. Each floor is separated by concrete slabs, and stainless steels, glass, and aluminum panels are attached to each floor. 50,000 short tons (45,000 tons) of reinforcing steel, called rebar, supporting the hotel. Extensive use of concrete makes the building more fireproof. Of the $ 600 million development budget, $ 130 million has been allocated to James McHugh Construction Co., which handles a work section of only 180,000 cubic feet (140,000 m 3 ).
Two previous business decisions by the Chicago Sun-Times led to significant time and money savings during the construction of Trump Tower. The original 1950s sea wall was built by a newspaper company to bomb the thickness of the shelter, to withstand Cold War attacks, and thus need not be broken down and rebuilt. Subsequently, the company decided in 1970 to switch from petroleum-based to soy-based inks, which reduced soil pollution from printing plants. This greatly reduces the cost and time to clean the site before building a new one.
On August 16, 2008, the construction crew made the last large concrete flowing into the concrete core of the Trump tower, which was commemorated with an unofficial ceremony. To celebrate the milestone, a yellow tower lifts a bucket full of concrete and American flags onto the roof of a skyscraper. Another ceremony took place on August 19, when the construction supervisor, structural engineer and corporate representative of McHugh Construction made a small concrete pour at the top of the Trump tower. Although Donald Trump was absent from both of these ceremonies, he, Donald Jr., Ivanka and Eric Trump attended the topping off party on September 24, 2008. The initial plan called for complete windows and towers to be built in October 2008. However, the installation of the towers was delayed by strong winds in December 2008, and finally finished on January 3, 2009. Kamin's critical opinion is that the tower was not aesthetically complementary.
At the topping off ceremony in September 2008, Donald Trump marketed his hotel by expressing doubts about the Chicago Spire that had been completed due to the financial crisis of 2007-2009. However, Donald Jr. said they were lucky to complete the project, while the Tower of Vision and Sight Tower was among the developments hit by the economic slowdown that followed the financial crisis. Occupancy has begun in the condominiums downstairs during the ceremony.
Trump building residents are categorized into Chicago Public Schools, more specifically for the Ogden School and College of Wells Community College.
After opening
Residential unit sales
Hotel Trump is 25% unsold during the topping off ceremonies of 2008, and is expected to require a mid-2009 construction extension that has caused legal complications. Trump has sold all but 36 of the 486 residential building condos by the end of 2012, and 15 remain unsold by the end of 2013. On 15 May 2014 only six units are still sold including three units used as sales and sales centers. model.
Some local celebrities buy units in the building, including many professional athletes. Juwan Howard, Rex Grossman (who has put his unit on the market), and Patrick Kane is one of the Trump property buyers. Derrick Rose purchased a $ 2.8 million 3.102 square feet (288.2 m 2 ) condo in spring 2012. Other important buyers from the unit include McDonald's Chief Executive and President Don Thompson and WMAQ-TV ( NBC 5 Chicago) president and general manager David Doebler. United Airlines CEO Jeff Smisek and CEO Huron Consulting Group James Roth also bought property in the building.
Two units on floors 87 and 88 were sold for more than $ 5 million in 2009 directly from developers. After a few gentle years in the real estate market, it took until August 2014, for units that sold for more than $ 1,000 per square foot. Two units sold more than $ 3 million that month including $ 3.99 million, which is the highest selling price in the building since 2009. Penthouse sells for $ 17 million by the end of 2014 to Sanjay Shah, founder and CEO of Vistex.
In May 2016, the one-bedroom unit with parking area became the first one-bedroom unit in Chicago listed to take over $ 1,100-square-foot when Mark and Deborah Hellman shifted their interest from the one-to-two bedroom bedrooms. unit in the building. Overall, however, real estate watchers see a slowdown in Trump Tower sales due to the controversial nature of Donald Trump's presidential campaign, 2016: potential buyers who are happy with tower dwellings that are not really sure they want to be associated with the Trump name.
Retail occupancy rate
Since completing the building, Trump failed to attract a single tenant to one of the building's retail space.
Flood in 2014
In February after one round of drinking service, three people were denied further services at Sixteen due to their real poisoning and in return, three drew what was meant to be a joke. They set fire alarms and open five-story staircases, Chicago Fire Department fire pipe, and flooded elevator holes with thousands of gallons of broken water and wood, electric circuits, and marble. The damage is estimated to reach $ 700,000 and three crime crime damage faced against the cost of the property.
On June 26, a pipe exploded near the western parking lot entrance, causing the first floor of the flood tower.
Critical review
Fodor's Chicago 2010 puts the hotel as one of the best spas and one of the city's finest swimming pools. It also ranks the hotel as Fodor's Choice among Chicago lodging options. Fodor's also notes that this hotel has impeccable service and luxurious amenities, but also noted that the hotel may be a little "overly decadent", with offers like $ 25 bottled water.
Frommer's Chicago 2010 describes the hotel has beautiful scenery and upscale amenities to provide a place to live the life of a wealthy tourist. The building is praised for its location, which provides as much of the scenery along the Chicago River as possible. Its modern architecture is praised for its "contemporary synthesis of fabric and modulation of adjacent buildings" that preserve the city's architectural heritage and integrate river bank settings.
The
The Forbes Travel Guide describes this hotel as having a modest, upscale lobby, sophisticated lounge, beautiful restaurant and luxurious rooms with stunning views. It also describes the hotel as appropriate from the Trump name in several ways.
Time Out describes the building as "the 21st Century evidence of optimism living in Chicago". It notes that the hotel meets all the expectations attached to the Trump name in terms of luxury, modern comfort and speaks highly of the views.
Insight Guides describes the arrogance of building architecture as fitting for the post 9/11 attacks. Ten years after the September 11 attacks, Kamin described the building as "best to reveal how the September 11 terrorist attacks succeeded or did not change the architecture". Kamin clarified her beliefs:
Just based on standing there - and by being the tallest American building built since the settlement of 1974 Sears (now Willis) Tower - Trump screwed up those who predicted after 9/11 that the iconic skyscrapers would never be rebuilt. At the same time, Trump's height - originally pegged at over 2,000 feet but eventually down to 1,362 feet - shows that the fear posed by attacks does have some effect.
In popular culture
The planning and redesign of the building caused publicity in local and national media both before and during construction. For example, on September 19, 2007, Trump International Hotel and Tower was featured on the episode of the Discovery Channel series Build It Bigger titled "High Risk Tower".
The final confrontation scene between Batman and The Joker in the 2008 movie The Dark Knight was shot at the construction site of the tower which was then partially completed.
When the Fox News Channel embarked on a six-month city tour to celebrate its 15th anniversary, Neil Cavuto broadcasts your 1 hr World network with Neil Cavuto from the river bank at Trump International Hotel & Tower on October 3, 2011.
Source of the article : Wikipedia
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