Condos in the ultra luxurious Chicago Spire went on sale recently. The condos are not for the faint-hearted because the sky high structure has sky high prices too. At 2000 feet, the building is the highest residential housing in the world. Prices range from $750,000 to $15 million, putting the Windy City prices higher than any of Trumps.
Check out the video!
Implications - The video shows off the magnificent structure in all of its glorious detail. The Chicago Spire was designed by the architect Santiago Calatrava. The creative man even made door handles that are featured in the lobby that have been "molded from his own grip." The beautiful building is not only artsy on the outside, but is a treat on the inside as well.
Key Themes Behind This Trend
- Luxury High-rise Condos
- The trend of building luxurious high-rise condos is on the rise, with opportunities for builders and developers to focus on creating ultra-luxury living experiences.
- Vertical Living
- As cities continue to grow, the trend towards vertical living in high-rise buildings presents opportunities for architects and engineers to innovate new designs that maximize space and create unique living experiences.
- Exclusive Real Estate
- The trend towards exclusive, high-priced real estate will continue to grow as the global economy continues to recover, presenting opportunities for luxury property developers to build unique, high-end properties that cater to the ultra-wealthy market.
Where This Applies
- Luxury Real Estate
- The luxury real estate industry will continue to thrive as high-net-worth individuals seek exclusive, high-end living experiences.
- Architecture and Engineering
- The architecture and engineering industries have opportunities to innovate new designs that maximize space and create unique living experiences for the growing trend towards vertical living.
- Home Automation and Technology
- The luxury high-rise condo trend presents opportunities for home automation and technology companies to develop state-of-the-art systems that cater to the needs of ultra-luxury living experiences.
