Wolf Point East Is Ready To Go Vertical
The 60-story tower was issued a $350 million permit
Guest post by Jay Koziarz of Curbed Chicago
Though currently little more than a deep pit next to the Chicago River, the high-rise development known as Wolf Point East is ready to begin its 660-foot skyward climb.
A full building permit issued on Tuesday granted crews permission to move beyond foundation work, which has been underway since mid 2017. The latest permit estimates the scope of work to cost $350 million.
Designed by Pelli Clarke Pelli, the glassy River North tower will top-out at 60 stories and feature 698 rental apartments, a landscaped riverwalk, six levels of underground parking, and tenant amenity spaces on floors 2, 3, and 40.
Wolf Point East will join the 48-story, 509-unit Wolf Point West apartment tower that opened in 2016. The newer tower is expected to welcome its first renters in late 2019.
Looking further to the future, a third and final phase of the Wolf Point mega-development is slated to fill the gap between the two apartment buildings. Dubbed Wolf Point South, it will be the tallest of the three—rising at least 950 feet.
The design of the phase three skyscraper is still subject to change but will likely contain office space, residences, and possibly even a hotel component.