The Residences at The St. Regis Chicago

What The Residences at The St. Regis Chicago does

The Residences at The St. Regis Chicago is a 101-story luxury condominium development located at 363 E. Wacker Drive within the Lakeshore East master-planned community in Chicago, Illinois. Developed by Magellan Development Group and operated under a brand license from Marriott International's St. Regis Hotels & Resorts, the project comprises 192 branded residences ranging from 1-bedroom units (1,386 sq ft) to Sky 360 Full Floor Penthouses on the 71st floor and above (up to 6,800 sq ft), priced from approximately $1.7 million to $8.25 million. The building was designed by Jeanne Gang of Studio Gang — the world's tallest skyscraper designed by a female architect — with interior design by Hirsch Bedner Associates and penthouse layouts by Suzanne Lovell. The residences sit atop an integrated 5-star St. Regis Chicago Hotel featuring 159 guestrooms, 33 suites, and signature dining venues including Miru (Japanese cuisine by Chef Hisanobu Osaka) and Tre Dita (Tuscan Steakhouse by Chef Evan Funke). Residents share access to a 47th-floor amenity level with pool, spa, fitness center, golf simulator, cinema, and wine vault.

The business model is a hybrid of one-time condominium sales and recurring HOA fees. Sales are conducted by appointment only through a 7-person residential sales team, a dedicated broker network channel, and direct website inquiries, with a sales office at 363 E. Wacker Drive. Residences feature Gaggenau appliances, natural quartz and stone countertops, spa-inspired bathrooms with heated floors, and motorized window treatments. The target customer base includes ultra-high-net-worth individuals, relocating executives, affluent families, and international buyers seeking a branded luxury residence with hotel-level services. The product is positioned as the first St. Regis in Chicago, within the largest downtown master-planned development of any major U.S. city, and as a landmark architectural achievement. The development is currently in sell-down phase with limited remaining inventory.

Name

The Residences at The St. Regis Chicago

Legal name

The Residences at The St. Regis Chicago

Website

https://srresidenceschicago.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

The Residences at The St. Regis Chicago is a 101-story, 192-unit luxury branded condominium development in Chicago's Lakeshore East, developed by Magellan Development Group under a St. Regis brand license from Marriott International, serving ultra-high-net-worth buyers seeking hotel-serviced residences.

Ownership category

akta.pro rank

Product category

Luxury Branded Residential Real Estate

NAICS

Rental and Leasing Services (532)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Extended-Stay Brand Residences (Managed Residences) (THAGAEAM)

akta.pro secondary industry

Luxury Serviced Residences (THAGAEAJ)

Keywords

• Luxury condominiums
• Branded residences
• High-rise residential
• Hospitality living
• Premium real estate

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Supply Chain

Revenue model

1. Luxury Condominium Sales: One-time purchase of luxury residences ranging from 1-bedroom to Sky 360 Penthouses. Revenue generated from individual unit sales at prices from approximately $1.7 million to $8.25 million for penthouses. Pricing varies by unit size, floor level, finishes, and view exposure.
2. Homeowner Association (HOA) Fees: Ongoing monthly/annual fees for building maintenance, amenities, concierge services, and St. Regis hospitality services. Covers access to 47th floor amenities, hotel services, and common area maintenance.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

The Residences at The St. Regis Chicago is a luxury branded residential development consisting of 192 private condominium homes in a 101-story tower located in Chicago's Lakeshore East neighborhood. The project is developed by Magellan Development Group under license from the St. Regis hotel brand, offering 1-5 bedroom residences, half-floor and full-floor homes, and penthouses with access to dedicated concierge and butler services and shared building amenities.

Product overview

The Residences at The St. Regis Chicago is a luxury condominium development consisting of 1-5 bedroom residences and Sky 360 full-floor penthouses ranging from approximately 1,386 to 6,800 square feet. The property is integrated with The St. Regis Chicago 5-star hotel featuring 159 guestrooms and 33 suites, along with hotel amenities including Miru (Japanese restaurant by Chef Hisanobu Osaka) and Tre Dita (Tuscan Steakhouse by Chef Evan Funke). Residents have access to 47th-floor amenities including pool, spa, fitness center, golf simulator, cinema, and private dining spaces. The residences feature finishes from Gaggenau, Kallista, Snaidero, and Thermador, with interior design by Hirsch Bedner Associates and architecture by Jeanne Gang of Studio Gang.

Differentiator

Problem solved

Functional benefit

Products and services

• St. Regis Branded Residences
• Three-Bedroom Residences
• Two-Bedroom Residences
• Penthouse Residences
• Half-Floor and Full-Floor Residences
• Resident Amenities Program
• St. Regis Hotel Amenity Access
• Avli Restaurant
• Magellan Rewards Membership

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eleven partnerships are on record, tiered minor, core and flagship.

• Avli on The ParkminorGTM or Marketing Partner · 1 January 2021Mediterranean fine-dining restaurant located in Lakeshore East just steps from The St. Regis Chicago. Run by award-winning Chef Nikolaos Kapernaros, Avli offers a 13,000 square-foot modern Greek taverna experience with outdoor rooftop dining. Restaurant offers catering bundles for resident events.
• Studio ThreeminorGTM or Marketing Partner · 1 January 2021Premier wellness community with Interval, Cycle, and Yoga studios. Magellan Development negotiated an exclusive deal for residents offering one week of unlimited classes for $1 or 10% off All Three Unlimited Monthly Membership. Located at The Lot in Lakeshore East.
• Suzanne LovellcoreStrategic or Co-development Partner · 21 February 2020Award-winning architect and designer Suzanne Lovell was commissioned to design two inspiring Sky 360 penthouse floor plans. Her layouts embrace the 360-degree views and were designed to appeal to a variety of resident lifestyles while celebrating the views and creating balanced spaces.
• Skidmore, Owings & Merrill (SOM)flagshipStrategic or Co-development Partner · 1 January 1998Internationally renowned architects hired by Magellan Development Group to create the award-winning master plan for Lakeshore East. The AIA award-winning plan integrates all 28 acres with a complex three-level street system, requiring 40% open space including a 6-acre central park.
• Marriott International / St. Regis Hotels & ResortsflagshipOEM/ Whitelabel/ Licensing PartnerThe Residences at The St. Regis Chicago operates under a license from Marriott International to use The St. Regis brand, trademarks, and hospitality standards. Residents enjoy access to St. Regis signature services including butler service, bespoke amenities, and the legendary St. Regis standard of personalized service. The license agreement includes branding, service standards, and operational protocols.
• Jeanne Gang / Studio GangflagshipStrategic or Co-development PartnerInternationally acclaimed architect Jeanne Gang of Studio Gang designed The St. Regis Chicago (formerly Vista Tower). Her innovative design featuring stacked shapes and shifting floor plates creates the building's distinctive silhouette and maximizes 360-degree views. The building is the world's tallest skyscraper designed by a female architect.
• Hirsch Bedner Associates (HBA)coreStrategic or Co-development PartnerWorld-renowned interior design specialists created the residence interiors with four distinct standard finish palettes (Sapphire, Amethyst, Topaz, Fluorite) inspired by natural crystals. HBA designed the meticulously curated details throughout including gourmet kitchens, spa-inspired baths, and sophisticated palettes.
• Magellan Development GroupflagshipStrategic or Co-development PartnerDeveloper of The St. Regis Chicago and the broader Lakeshore East master-planned community. Magellan Development Group is responsible for the overall project development, sales, and the 28-acre Lakeshore East neighborhood which is the largest downtown development of any major U.S. city.
• Chef Hisanobu OsakacoreStrategic or Co-development PartnerChef Hisanobu Osaka created and operates Miru, the Japanese all-day dining experience located on the 11th floor of The St. Regis Chicago Hotel. Miru offers healthy breakfast options and innovative Japanese cuisine for residents and hotel guests.
• Chef Evan FunkecoreStrategic or Co-development PartnerChef Evan Funke helms Tre Dita, a Tuscan Steakhouse located on the 2nd floor of The St. Regis Chicago Hotel. The restaurant offers authentic Tuscan fare in a warm, moody ambiance for residents and hotel guests.
• Magellan Rewards ProgramminorGTM or Marketing PartnerMagellan Development's loyalty program giving residents access to unique incentives and discounts from restaurants, hotels, service providers, pet care, fitness, and wellness partners. Includes exclusive deals like 10% off at Eggy's Diner and 30% off at Lakeshore Sports & Fitness.

Scale indicators8 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Four Seasons Private Residences: Four Seasons-branded luxury residences in major global cities offering fully-serviced ownership with integrated hotel amenities and concierge; same branded-residence business model as the St. Regis Chicago.
• The St. Regis Residences, Miami (Brickell): Sister St. Regis branded residences development by Related Group in Miami; identical brand license, service standards, and target UHNWI buyer pool as The Residences at The St. Regis Chicago.
• Park Tower at Lakeshore East: 67-story luxury condominium tower in the same Lakeshore East master plan, also developed by Magellan Development Group; same neighborhood, same developer, similar ultra-luxury buyer profile.
• Trump International Hotel & Tower Chicago: 92-story luxury branded residences and hotel on the Chicago River combining condominium ownership with Trump hotel services; same city, same luxury-branded-residence model targeting UHNWI buyers.
• One Museum Park (Magellan Development): Earlier Magellan-developed luxury condominium in Lakeshore East; demonstrates the developer track record of luxury condo product in the same neighborhood and shared buyer pool.
• Mandarin Oriental Residences: Mandarin Oriental-branded luxury residences in global gateway cities (Miami, NYC, Honolulu, etc.) with full hotel services and branded amenities; closely comparable ultra-luxury branded-residence model.
• The Ritz-Carlton Residences, Chicago: Branded luxury residences in Chicago operating under the Ritz-Carlton/Marriott license with integrated hotel services; the closest same-city, same-model comp to The Residences at The St. Regis Chicago.
• Waldorf Astoria Residences New York: Hilton-branded luxury residences in Manhattan offering fully-serviced ownership with integrated Waldorf Astoria hotel services; direct comp on the branded-residence business model and UHNWI positioning.

Broad incumbents

• 432 Park Avenue: 96-story ultra-luxury trophy residential tower in Manhattan; representative of the broader NYC trophy-condo category against which the St. Regis Chicago is benchmarked by international UHNWI buyers.

Regional players

• The Bristol (Chicago): Ultra-luxury condominium tower in Chicago's Gold Coast neighborhood; a regional luxury condo comp in the same Chicago market that competes for the same UHNWI buyer pool as the St. Regis Chicago residences.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/SRRChicago
• LinkedInlinkedin.com/company/the-residences-at-the-st.-regis-chicago

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Residences at The St. Regis Chicago