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Old February 12th, 2007, 02:39 AM   #141
danthediscoman
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Sales center is suppose to be opening in March according to a Canyon Ranch person (finally).
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Old February 13th, 2007, 03:38 AM   #142
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i love this building
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Old March 9th, 2007, 12:34 AM   #143
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Good News! its now UNDER CONSTRUCTION...the sales center that is. Where? who knows, she didn't say when she emailed me back, and opening is expected in April now instead of March.
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Old March 9th, 2007, 01:25 AM   #144
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Did they drill the caissons for the sales center yet?
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Old May 10th, 2007, 11:38 PM   #145
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Canyon Ranch to treat River North
NewcitySkyline
Thursday, May 10, 2007

Chicago, IL, US - As one of about 20 for-sale residential developments in River North, the planned hotel and condo tower at 680 North Rush is now taking reservations for what will soon be Canyon Ranch Living Chicago, an extension of the award-winning health resort and living community chain first started in Tucson, Arizona.

Related Midwest, formerly LR Development Company, is developing the building as an addition to its Chicago portfolio, including Park Tower at 800 North Michigan Avenue, The Mayfair on East Lake Shore Drive, 840 North Lake Shore Drive and 340 on the Park.

Read more at NewcitySkyline
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Old May 11th, 2007, 06:12 AM   #146
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Prices start at $800.000 . I rather go to the chicago spire and have a great view. I do like the building, but the condos are very expensive . There are
alot of new construction around that area with lower prices.
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Old May 11th, 2007, 07:41 PM   #147
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This is a quite glam project for Chicago. There was a similar development in the D.C. area, but apparently it's been cancelled.
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Old May 18th, 2007, 05:28 AM   #148
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Righto, ricardo....
At this price point there are way WAY better deals with better views. RM has made a big mistake here. To go this far upscale during a condo glut is foolish. C'mon, $800 per sq. ft. and $500 per month to use the pool?
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Old May 18th, 2007, 07:30 AM   #149
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Quote:
Originally Posted by danthediscoman View Post
Good News! its now UNDER CONSTRUCTION...the sales center that is. Where? who knows, she didn't say when she emailed me back, and opening is expected in April now instead of March.
Has the sales office opened? This is May. How many units have been sold? Inquiring mind wants to know.
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Old May 18th, 2007, 07:41 AM   #150
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^YES it is open but who knows what those pompous sales idiots are doing, if they won't even let someone photograph their model in the sales room I wouldn't trust anything they say regarding sales percentage, with those idiots at the helm of the sales this is surely doomed.
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Old May 18th, 2007, 03:04 PM   #151
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Quote:
Originally Posted by danthediscoman View Post
^YES it is open but who knows what those pompous sales idiots are doing, if they won't even let someone photograph their model in the sales room I wouldn't trust anything they say regarding sales percentage, with those idiots at the helm of the sales this is surely doomed.
I wonder if the reluctance from the sales office has anything to do with the current market conditions. No brochures have been sent out either. This is an interesting quote from "The Daily Morgage" blog...that explains some of the pain in this market....

"A deeper search shows that 3,131, or 21.8%, of the 14,351 LS-listed condos for sale in Chicago have been listed for at least six months as of today. Of those, 74.4% belong to developers."

"It's no wonder that developers are putting a halt to construction downtown -- rents should be cheaper over the next few years, supply outlasts demand, and hasty homeowners keep dropping the relative value of condos as they sell into an oversold market."
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Old May 19th, 2007, 07:36 PM   #152
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These images weren't taken by me, but I'd like to share them none the less...



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Old May 19th, 2007, 07:51 PM   #153
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^WHAT!? HOW?! Whoever took em' must of snuck some photos while they weren't looking.
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Old June 10th, 2007, 05:41 AM   #154
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Canyon Ranch has quit advertising......

Quote:
Originally Posted by danthediscoman View Post
^YES it is open but who knows what those pompous sales idiots are doing, if they won't even let someone photograph their model in the sales room I wouldn't trust anything they say regarding sales percentage, with those idiots at the helm of the sales this is surely doomed.
The 'pompous sales idiots' may be throwing in the towel on this project already. They have quit advertising...at a time where Trump and the other current buildings are pulling out all the marketing stops. Maybe their luke-warm reception to information seekers fortells their doom...

The last advertising they did forgot to mention the address of the project. No wonder. Anyone that knows the area can see that the building would look into 55 E. Erie, the Omni Hotel, the Pinnacle, and 30 E. Huron. This may be an interesting building design...but this is the wrong location and the wrong time to build it.
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Old June 10th, 2007, 05:45 AM   #155
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Why did the D.C. project die?

Quote:
Originally Posted by trvlr70 View Post
This is a quite glam project for Chicago. There was a similar development in the D.C. area, but apparently it's been cancelled.
Any idea why the D.C. project bit the dust? I can't see the economics in Chicago working any better than D.C. for Canyon. Actually, according to Forbes, the zip 60611 is the second worst in the country for condo sales/investment. The market is that damaged.
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Old June 10th, 2007, 09:03 AM   #156
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The Canyon Ranch project in Miami Beach seems to be going great guns. Related is usually good as gold. As far as I know, Vegas has been the only nut they couldn't crack.
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Old June 11th, 2007, 02:45 AM   #157
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Well, the Miami market is where we were five years ago. If they had gotten this one off the ground (no pun intended) a little sooner, they might have survived.

It's a damn shame, I love this tower.
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Old June 11th, 2007, 03:03 AM   #158
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Quote:
Originally Posted by geoff_diamond View Post
Well, the Miami market is where we were five years ago. If they had gotten this one off the ground (no pun intended) a little sooner, they might have survived.

It's a damn shame, I love this tower.
^ Why are people pronouncing this project's death so quickly? This is ridiculous
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Old June 13th, 2007, 03:40 AM   #159
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The website has been updated according to SSP










^Love the night rendering, you don't see those too often sadly.
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Old June 13th, 2007, 05:27 PM   #160
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This is gorgous!
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