Unparalleled 16, 22 and 39-story (3 part), 219 unit condominium high-rise, designed by Lucien Lagrange. The first luxury high-rise to be constructed in the neighborhood in 50 years. Recognized as the cornerstone of Lincoln Parks’ cityscape, the property’s views of the Park, Lake Michigan and the Chicago skyline are unparalleled. Landscape architect Thomas Balsley masterminded the lush and elegant Gardens of 2550, a 1.25-acre private park, the largest private garden in the neighborhood.
Ricker-Murphy Development LLC, along with GE Asset Management, assembled a team of noteworthy architects, designers, contractors, engineers and consultants to deliver on the promise of Lucien Lagrange’s incredible design for this rare setting in Chicago’s Lincoln Park neighborhood. With easy access to all of Chicago’s resources, Lincoln Park 2550 was designed to not merely occupy the site, but to command it. These homes reflect the essence of gracious living, with a contemporary flair and every convenience modern technology has to offer. Completing the developer’s vision, 2550 offers substantial private grounds, designed by award-winning landscape architect Thomas Balsley, providing owners with resplendent peace and relaxation.
Known for our expertise in handling high-end properties, we were honored to use this as opportunity to provide Lincoln Park 2550 with intangible yet indispensable access to our agent networks. We excel in our network of affluent buyers and sellers. The reputation and experience of our sales associates brings us affluent buyers. After careful assessment of where development was in the marketplace, we were able to carefully target our marketing and advertising at the upper end of the marketplace which was not experiencing the same challenges as first-time or move-up buyers.
THE RESULTSLincoln Park 2550 delivered a building and grounds suited to adorn the park and guard the lakefront; a building with the quiet elegance, whispered privilege, and luxury that comes to few. A building of this importance deserved a company that shares such a stature. The outstanding success resulted in over 50% of the development units being sold by the end of 2009.