Home on the Range… In a Downtown Chicago Timeshare?
Tuesday, June 6, 2006
New Wellness Community to Focus on Health, Fitness, and Relaxation
Tucson’s famed Canyon Ranch Spa and Wellness Center is planning to build their third “healthy living” residential community. But future residents should not expect desert vistas or cactus flowers in bloom. The newest Canyon Ranch facility will be a 67-story tower overlooking Chicago’s city-center strip known as the Magnificent Mile.
Plans for the health-centered residential community include a 65,000 square foot health and wellness complex, 256 luxury condos, 128 hotel-condominium rooms (that can be purchased like timeshares), and 48,000 square feet of office space. An on-staff medical team, therapists, and other specialists from the Cleveland Clinic will be available to serve the needs of the residents.
Similar properties are planned for Miami Beach, Florida, and Bethesda, Maryland, with Los Angeles, New York City, and Texas as other potential development locations. Canyon Ranch and the Chicago-based LR Development Company, made the official announcement about Canyon Ranch-Chicago on May 19, 2006, and plan to break ground on the 450 million dollar property early next year.
