ONLY 4 UNITS LEFT AT THE LANCASTER

For Immediate Release
For more information:
Tricia Van Horn, 312/943-2100
Larry Schaffel, 312/642-8869

ONLY 4 UNITS LEFT AT THE LANCASTER,
FIRST CONDO TOWER COMPLETED AT LAKESHORE EAST

Only 4 of 209 residences remain available for purchase as sales top the 98 percent mark at The Lancaster, the first residential property completed in Lakeshore East, believed to be the largest urban development underway in any major U.S. city.
Remaining units include one- and two-bedroom designs and a deluxe penthouse, duplex priced from $431,026 -- $900,000.
Modern in design, yet classical in appearance, The Lancaster, designed by Loewenberg + Associates, is positioned at the east end of the community’s lush, six-acre park and provides residents enviable park, river and lake views. The highly anticipated Lakeshore East neighborhood is situated at the juncture of the Chicago River and Lake Michigan and anchors the emerging New East Side.

The Lancaster introduced a new dimension to the quintessential real estate ingredient --- “location” – by its remarkable proximity to the central business district, world-class shopping, cultural and entertainment opportunities and the city’s finest restaurants.

The unit mix at the 29-story The Lancaster includes one-, two- and three-bedroom homes with 810 to more than 2,000 square feet with balconies and seven unique ground-level duplex plans with two and three bedrooms, dens and lofts that offer 2,307 to 2,616 square feet of living space.

Building amenities provided by the development team of Magellan Development Group, Ltd. and NNP Residential & Development include:

24-hour doorman service
Enclosed private parking for 230 vehicles
2,500-square-foot, state-of-the-art community fitness center
Pre-wired telephone, cable television and high-speed Internet access
Rooftop sun deck
Private party room
Personal storage lockers

Interior design highlights include 8’8” ceiling heights; hardwood flooring in foyer, halls, dining/living areas and kitchen; plush bedroom wall-to-wall carpeting in a selection of designer colors; 4-1/4-inch wood base throughout; cultured marble window sills; smoke detectors; washer/dryer hookups; and year-round individually- controlled heat and air-conditioning.

Kitchens feature Brookhaven cabinetry; granite countertops and backsplashes; Sterling stainless steel sinks with Moen “Integra” chrome faucets; and a host of General Electric Profile stainless steel appliances, including a 21-cubic-foot side-by-side refrigerator with ice/water door dispenser, 4-cycle dishwasher, microwave oven and 30-inch gas stove as well as a garbage disposal.

Luxurious master baths include marble vanity tops and marble tile flooring and shower surrounds; 66” soaking tubs and separate showers; theatrical lighting and Brookhaven cabinetry.

Guest bathrooms also contain Brookhaven cabinetry, cultured marble vanity tops, separate tubs and showers and theatrical lighting.

Bordered by Lakeshore Drive on the east, Columbus Drive on the west, Wacker Drive on the north and Randolph Street on the south (opposite Millennium Park), Lakeshore East will complete the visionary Illinois Center plan by replacing a 9-hole golf course with nearly 5,000 homes, a six-acre public park, more than 2 million square feet of commercial space, 770,000 square feet of retail space, 1,500 hotel rooms and the first public elementary school in downtown Chicago.

The Lancaster sales center is situated at 375 E. Wacker Drive and is open weekdays from 11 a.m. to 6 p.m., Saturdays from 11 a.m. to 5 p.m. and Sundays from 11 a.m. to 4 p.m. For more information, please call (312) 520-4000 or visit the Web site, www.lakeshoreeast.com.

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