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Old February 26th, 2005, 04:00 AM   #1
Patrick 340
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CHICAGO | 340 On The Park | 672ft | 64 fl | Com

Height: 672 ft
Floor count: 64
Location: 340 East Randolph
Construction end: 2007
Architect: Solomon, Cordwell, Buenz and Associates
Developer: LR Development Company, LLC


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Hello all -

I think it is a good idea to start an independent thread for 340 on the Park. The Lakeshore East (New Eastside) area will be getting very crowded.

I have some new photos of the beginning of the construction process at 340 on the Park. The caisson drilling equipment has arrived.



I will keep posting photos to: 340owners.com

Last edited by i_am_hydrogen; September 26th, 2007 at 08:24 PM. Reason: Added rendering to front page.
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Old February 27th, 2005, 07:10 AM   #2
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Okay, I had no idea that 340 had such an organic footprint! I always just assumed (from all the renderings that I've seen) that it was rectilinear. Anyway, here's the plan view of the amenities floor (from the official 340 web site).

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Old February 27th, 2005, 08:30 AM   #3
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I grabbed these renderings from the SCB website.

The southern facade.


The northern facade.


The base at and lobby at Randolph Street.


The interior of the lobby.
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Old February 27th, 2005, 05:49 PM   #4
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Well, now that I look at the rendering for the north facade I can sort of see the sweeping curve (but, I've still got to examine it pretty closely). Also, the lobby looks awefully commercial to me - it's gorgeous, but, it just doesn't belong with a residential tower.
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Old February 27th, 2005, 09:41 PM   #5
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Great site.

Does anyone have the floorplans? (The official website is flashy-bare bones!)
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Old February 28th, 2005, 01:09 AM   #6
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The floor plans in the sales packet I have are probably about the same as what's on the website. Like you see the amenities level floor plans above, that's basically similar to the stuff that I have.
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Old February 28th, 2005, 01:18 AM   #7
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lloks nice,looks more office than residential
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Old February 28th, 2005, 09:44 AM   #8
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I don't think that it necessarily looks like an office building. It's just really modern. It's good architecture and and that's something that we're not used to seeing when it comes to residential towers. I mean how would you have it look?

It's quite sheek...

Besides, office building don't have balconies.
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Old February 28th, 2005, 06:12 PM   #9
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Okay, I had no idea that 340 had such an organic footprint! I always just assumed (from all the renderings that I've seen) that it was rectilinear.

yeah. . . it tapers to a point on the east end thanks in part to the residents at the Buckingham (360 East Randolph) who would otherwise have lost part of their views to the west. . . they may be breaking ground today, but as of this morning no caisson's have been dug. . .
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Old March 1st, 2005, 12:52 AM   #10
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Construction, Conversion Adding 1,173 ‘East Side’ Units
By Mark Ruda
Last updated: February 28, 2005 08:33am

CHICAGO-While ground has been broken on the 324-unit Regatta and 344-unit 340 on the Park condominium towers in Lakeshore East, sales are expected to begin this weekend at 474 N. Lake Shore Dr., a 61-story multifamily rental building being converted to 505 condominiums.
NNP Residential & Development and Magellan Development Group Ltd. already have sold 84% of the units in their Regatta at 400 E. Waterside Dr., which has helped the developers land $122 million in construction financing from National City Bank and LaSalle Bank. McHugh Construction is building the 44-story building designed by DeStefano + Partners Inc.

“The Regatta has been one of the fastest selling projects in the Downtown Chicago market this year,” says Appraisal Research Counselors vice president Gail Lissner. “The strength of its Lakeshore East location has been a strong selling point, with its views and proximity to the Loop, Michigan Avenue, Lakeshore Drive, the Chicago River and the new Millennium Park.”

LR Development’s 62-story tower at 340 E. Randolph Dr. offers units beginning with 1,186-sf one-bedroom condos at $325,000. Solomon Cordwell Buenz & Associates is the architect.

North of the Chicago River, renovations to 474 N. Lake Shore Dr., built in 1990, are scheduled to begin in November. The conversion will offer 642-sf studios for less than $200,000 to 2,005-sf penthouses for more than $750,000. “The range of residences available here is attracting a wide variety of buyers seeking the advantages of life on the New East Side,” says 474 Lake Shore Drive Associates LLC marketing director Sandra Farrell.
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Old March 1st, 2005, 03:54 AM   #11
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I didn't realize North Pier Tower had a Lakeshore address... that's a bit of a stretch seeing as how there is no access to the building from Lakeshore Drive
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Old March 1st, 2005, 07:44 AM   #12
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Quote:
Originally Posted by geoff_diamond
I didn't realize North Pier Tower had a Lakeshore address... that's a bit of a stretch seeing as how there is no access to the building from Lakeshore Drive

Agreed. The entrance is from Illinois. I work in the building next door. I hate that tower. It looks like a verticle turd...
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Old March 1st, 2005, 07:54 AM   #13
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Quote:
Originally Posted by geoff_diamond
I didn't realize North Pier Tower had a Lakeshore address... that's a bit of a stretch seeing as how there is no access to the building from Lakeshore Drive
Like 530 LSD, 840 LSD, just off the top of my head. Anyway, that stretch of road is a highway, more or less.
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Old March 1st, 2005, 05:46 PM   #14
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Thus... they shouldn't have LSD addresses. I can't tell you how many movie-going tourists I've had come up to me to ask why they couldn't seem to find 600 N. Michigan - well, naturally, it's a full block from Michigan Avenue on Rush.
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Old March 1st, 2005, 06:51 PM   #15
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340 on the Park is under construction as of yesterday. . . no big newsflash but the first caisson was drilled. . . woohoo. . . let's all drink a bottle of champaign. . . or beer. . .
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Old March 1st, 2005, 07:41 PM   #16
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Quote:
Originally Posted by Tom in Chicago
340 on the Park is under construction as of yesterday. . . no big newsflash but the first caisson was drilled. . . woohoo. . . let's all drink a bottle of champaign. . . or beer. . .
Thats great. I really love this tower. This is the first 3rd major tower to break ground this year after The Regatta and 345 East Ohio.

Lets go Trump and Waterview.
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Old March 2nd, 2005, 03:23 AM   #17
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Quote:
Originally Posted by BVictor1
This is the first 3rd major tower to break ground this year after The Regatta and 345 East Ohio.
The Regatta broke ground last November.
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Old March 2nd, 2005, 03:36 AM   #18
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^Yeah. . . and they just put up a second tower crane today. . . seems like overkill for a tower of that size. . .
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Old March 2nd, 2005, 05:20 AM   #19
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Quote:
Originally Posted by Jaroslaw1
The Regatta broke ground last November.
Sure did. I forgot.

Then I guess it's the second, someone correct me if i'm wrong.
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Old March 2nd, 2005, 05:21 AM   #20
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Quote:
Originally Posted by Tom in Chicago
^Yeah. . . and they just put up a second tower crane today. . . seems like overkill for a tower of that size. . .
Maybe, but now they can pour twice as much concrete at the same time
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