340 on the Park Fact Sheet
17 July 2007
340 on the Park will be the first residential tower in the Midwest to meet the U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED®) certification standards, promoting a unified approach to sustainability with the cost-effective and efficient use of energy and other resources during construction and over the life of the building. The 344-unit building, when completed, will achieve LEED Silver certification.
At 62 stories, 340 on the Park, when complete, will be the tallest all-residential building in Chicago.
With its spectacular "signature views" of Chicago's skyline, lake and parks it's the premier land parcel of the 28-acre $2.5 billion Lake Shore East planned community in the city's cultural heart.
With floor-to-ceiling glass panels a key element of the building's exterior wall, all of 340 on the Park residents enjoy views of Lake Michigan, the Chicago skyline, and one or more lush parks, including Grant, Millennium or the six-acre Park at Lake Shore East.
A panorama of the city is a key design element of a breathtaking amenities level utilizing the entire 25th floor and includes a 2-story landscaped interior winter garden, with a common outdoor terrace and two gas grills. The 25th floor also includes Wi-Fi, a fitness room in the sky, 25-yard lap-pool, whirlpool, locker rooms, sauna, and lounge with television. A clubroom, for informal gathering, can also be reserved for entertaining and includes a warming pantry for caterers.
340 on the Park's glassy look and striking prow point was designed to celebrate 360º views around the site and sidestep existing views of nearby structures by Martin Wolf, principal of Chicago architecture firm Solomon Cordwell Buenz.
The building's exterior curtain-wall system of low-e tinted glass and aluminum panels in an aluminum frame provides a continuous exterior surface that minimizes the amount of energy transferred into or out of the building through the building structure, reducing energy consumption relative to more traditional structures.
340 on the Park utilizes sophisticated building management systems to control mechanical systems. Variable speed toilet, kitchen and laundry exhaust fans operate according to demand load. These systems and thermal properties of the enclosure system, including tinted, insulated glass with low-e coatings contribute to the ability to operate the building using 10% less source energy than a building designed to conventional design standards. This savings is enough to provide energy to another 60 2000-square- foot homes.
To minimize the "heat island" effect of dark –colored roofs and paving surfaces that absorb the sun's energy, adding heat to the area, the building has two "green" roofs: a highly reflective, light-colored roof at the very top of the building; a highly-landscaped second-floor roof has soil, absorbing rainwater to be used later by the plants, and reducing the storm water entering the City of Chicago's water processing system.
Extensive plantings at the plaza level absorb storm water, also reducing the amount of water that goes into the City's storm water system.
Rainfall is captured and held in an 11,000-gallon capacity storage tank under a ramp in the garage to irrigate the landscape. The building uses a drip irrigation system to minimize water usage.
A soaring two-story main lobby with elegant brown elm paneling features a floor-to-ceiling glass wall, showcasing street views of the parks and significant landscaping. Handmade wool carpet and furniture in blues, greens and grays draw from the lake, sky and greenery outside.
Contemporary interior design details were selected to reflect and complement the arresting exterior visuals. Light cherry Snaidero kitchen cabinetry is offset by a tinted glass tile backsplash. Stone composite countertops, made especially for the building, are composed of 85% quartz and 15% resin and resemble limestone, but are more durable.
Bamboo, which grows as much as a foot a day or more, was selected for its beauty as flooring in the living room, dining room, kitchen, hallways and powder room of each residence, as well as to preserve less renewable wood resources.
In order to reduce the need for virgin materials and reduce energy consumption used in transportation, green construction practices utilized many recycled and locally manufactured or harvested construction materials. For example, recycled materials included 100% of concrete reinforcing steel, 90% of other miscellaneous metals; 99% of typical interior drywall, 48% of drywall used at perimeter walls. Twenty-seven percent of building products were locally manufactured. (More details are available.)
Eighty-two percent of construction waste was recycled -- over 2800 tons – even when compacted, enough to fill about 300 City of Chicago garbage trucks. Construction waste is traditionally sent to landfills.
Nearly all residences include private outdoor balconies or sky terraces.
A first-level bike room, situated for easy access to encourage bicycling, accommodates 344 bikes.
Six levels of underground parking are provided for residents. Building guests park across the street at the Grant Park Garage, which has a pedestrian entrance directly across the street from the building lobby.
The building will have an I-GO car exclusively for residents' use. I-GO is a Chicago-based not-for-profit car-sharing company providing low-emission vehicles available for rental by the hour. Car sharing is economical and reduces the number of cars on the road, reducing congestion and pollution.
340 on the Park, located at 340 E. Randolph Drive in Chicago is a project of Related Midwest, a progressive leader in the development of award-winning, best-quality, iconic real estate properties, including Park Tower on North Michigan Avenue and the Residences at Lake Shore Park. For additional information, contact Related Midwest at 312-595-7400, www.relatedmidwest.com.
