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Empresas y finanzas

Sales of The Chicago Spire Residences to Begin Today


    The Chicago Spire sales campaign launches today with the official
    opening of The Chicago Spire Sales Center, located on the 18th floor
    of NBC Tower, overlooking the construction site. The global marketing
    drive begins later this month and will feature an exhibition road show
    to 15 key cities across Europe, South and Southeast Asia and South
    Africa, including Dublin, Moscow, Singapore, Dubai and Cape Town.
    Designed by Santiago Calatrava, The Chicago Spire is an iconic
    2,000-foot residential building located on the shores of Lake
    Michigan.

    "The Chicago Spire is a special building," said Garrett Kelleher,
    executive chairman of Shelbourne Development Group, Inc., the
    developer of The Chicago Spire. "Our world-class team is creating what
    will not only become a spectacular home for its residents, but a
    dramatic new contribution to Chicago´s skyline."

    Since its September 2007 unveiling, more than 600 potential buyers
    across the United States have scheduled appointments to visit the
    nearly 20,000-square foot sales center, which includes full-scale
    recreations of apartment interiors and original artworks by Calatrava.
    The Chicago Spire sales team will begin meeting with these interested
    parties today and are currently scheduling appointments with potential
    buyers around the world.

    "This building could only be built in Chicago," said Dominic
    Grace, Head of Savills Residential Development and leader of the
    global sales campaign. "Not only is Chicago the birthplace of the
    skyscraper, it is an exciting city that provides residents an
    incredibly vibrant lifestyle. The location is quite exceptional and
    has provided real inspiration for Mr. Calatrava. We´ve already heard
    from an unprecedented number of people who want to be part of this
    iconic building, and we are looking forward to a tremendously
    successful sales effort."

    When complete in 2011, The Chicago Spire will be home to 1,194
    individual residences and a range of amenities that will rival any in
    the world. In addition to those previously reported, the three-floor
    52,000-square foot amenity space will include temperature-controlled
    wine lockers and humidors, private retail facilities, children´s
    playroom, business center and library, among many others.

    No two residences are alike at The Chicago Spire, with each suite,
    gallery, one-four bedroom home and penthouse offering a unique floor
    plan and outstanding city and lakefront views. Ranging from 534 -
    10,309 square feet, units are priced from USD 750,000. The largest
    home, a spectacular two-floor penthouse, is USD 40,000,000.

    The Chicago Spire, situated on a 2.2 acre site where the Chicago
    River meets Lake Michigan, will be the world´s tallest residential
    building. Conceived as an environmentally sensitive project, The
    Chicago Spire is designed to meet the gold standard of LEED
    certification and has already won a number of awards for its
    innovative approach to design and construction. Some of the many
    environmentally-sensitive features include a vacuum garbage shoot with
    automatic sorting for recycling, recycled rainwater for landscape
    maintenance and a highly efficient geo-thermal cooling system. In
    addition, The Chicago Spire will have the world´s longest elevator run
    at 1,864 feet, shattering the current world record by 500 feet.

    Construction of The Chicago Spire began in June 2007. Completion
    and occupancy are expected Q4 2011.

    For more information, see www.thechicagospire.com, or contact the
    Sales Center at 312.516.4800 to make an appointment.

    About Shelbourne Development

    Shelbourne Development, headquartered in Dublin, is one of
    Ireland´s leading property development companies, widely regarded as
    one of the country´s most professional and progressive developers. In
    the past three years, Shelbourne´s experienced team, known for its
    track record in evaluating and capitalizing on cycles in property
    markets, has completed in excess of 1.5 million square feet of
    construction in Ireland. It currently has a development pipeline in
    Dublin in excess of USD 2 billion. Shelbourne is currently pursuing
    developments and projects in Ireland, UK, France and Chicago. Garrett
    Kelleher, executive chairman of Shelbourne Development Ltd & the
    Shelbourne Development Group, Inc. holds significant investment
    properties in Europe.