Hailed as “elegant”, “lithe” and “eye catching” by Pulitzer Prize winning Chicago Tribune architecture critic, Blair Kamin, the Sterling has been a welcome addition to the downtown Chicago skyline. The full range of Royal Imperial Groups considerable development skills is evident at Sterling Tower. Royal Imperial Group assembled the parcel, chose an architect, developed the design, selected a contractor, supervised construction and delivered the project on time and on budget.
Royal Imperial Group’s vision for the land was one of a full service luxury apartment tower and that’s what it delivered. Along with 389 apartments and 615 space garage, the 50 story building also contains 35,000 square feet of retail space.
The attractiveness of the apartment tower, while more difficult to achieve technically, increased its value. The Sterling was sold to a condo developer as luxury condominiums soon after ground breaking. The building’s units were recognized as having the right mix of luxury and function. Along with the Sterlings great location, this design caused it to sell briskly. This mixed use of project just across the river from Chicago’s loop has been both an artistic and financial success. Critics have lauded the building design and proforma projections were exceeded. This unique combination is often dismissed as being difficult if not impossible to attain. At Sterling Tower, Royal Imperial Group’s development team achieved this distinction.