Construction on schedule, first deliveries planned for first quarter of 2016

CHICAGO (PRWEB) October 12, 2015

Chicago-based Convexity Properties and its exclusive sales and marketing partner, @properties, today announced the topping off of 4 East Elm, a new luxury high-rise condominium building at State and Elm streets in Chicago’s Gold Coast.

Concrete work was completed on the 24-story building last week, and the curtain wall now extends to the 16th floor. Convexity expects to deliver the first condominiums at 4 East Elm during the first quarter of 2016.

“The topping off is a major milestone for the project and an exciting time for our buyers,” said David Nelson, principal of Convexity Properties. “There’s been a huge transformation since the beginning of the summer, and we look forward to delivering the 4 East Elm homes on schedule.”

4 East Elm is the first new condominium high-rise in Chicago’s Gold Coast since 2010. The 35-unit building offers half-floor residences with 3 bedrooms plus a den, 3.5 baths, and 3,095 to 3,516 square feet of living space. Prices range from $2.1 million to $4.1 million, with garage parking available from $80,000 per space. The building was designed by Solomon Cordwell Buenz with interiors by Gary Lee Partners, both based in Chicago. The general contractor is Hoffman Estates-based Leopardo Construction.

“There’s a definite buzz and growing interest from buyers as 4 East Elm nears completion,” said Michael Golden, co-founder of @properties. “It’s been a long time since we’ve seen a new building in the Gold Coast, and 4 East Elm is a leap forward in terms of design, finishes and amenities.”

All homes at 4 East Elm will include private elevator access and high-end finishes and features:

  •     10-foot finished ceilings
  •     floor-to-ceiling windows
  •     wide-plank flooring in living areas
  •     Florense cabinetry in kitchens and baths
  •     Sub-Zero, Wolf and Miele appliances
  •     quartz or natural stone countertops

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Homes available now also include upgraded cabinetry and stone, hardwood flooring in bedrooms, upgraded lighting package and invisible in-wall speakers.

The full amenity building, which is LEED Certified, includes:

  •     24-hour doorman
  •     fitness center
  •     movie screening room
  •     landscaped sundeck with outdoor pool and spa
  •     clubhouse lounge with living area and full kitchen

For more information on condominiums available for purchase at 4 East Elm, visit http://www.4EastElm.com or call 312-542-1144.

About Convexity Properties
Convexity Properties (http://www.convexityproperties.com) is a fully-integrated real estate investment, development and management company headquartered in Chicago and affiliated with DRW Real Estate Investments. Convexity focuses on acquiring well-located properties in growth markets where it can add value through development and by partnering with best-in-class tenants and operators. Its capabilities include single-tenant retail, adaptive reuse of landmarked buildings, and ground-up, urban high rise developments.

About @properties
@properties is the No. 1 independent residential brokerage firm in Illinois and one of the top 12 residential brokers in the U.S. @properties has nearly 2,000 licensed brokers in 18 offices throughout downtown Chicago, surrounding suburbs, southwest Michigan and Lake Geneva, Wisc. For more information, visit http://www.atproperties.com.

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For the original version on PRWeb visit: http://www.prweb.com/releases/2015/10/prweb13012686.htm