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Huge Calatrava Sculpture Going Up at Hines’ River Point Development in Chicago

CHICAGO – (Realty News Report) – River Point partners Ivanhoé Cambridge, Hines and Levy Family Partners announced the installation of Constellation, the Calatrava sculpture for River Point Park.

The red leafy sculpture is being assembled on green space adjacent to the 52-story River Point office tower located in Chicago’s West Loop submarket.

World renowned Spanish-Swiss architect, structural engineer, sculptor and painter Santiago Calatrava created this unique and vibrant sculpture to be installed in the park at River Point. Calatrava’s intention in this sculpture is for it “to simply grow from the ground. Within each figure, an internal logic of autonomy delivers lyrical forms and implies a sense of elevation and spiritual uplifting, reflecting the building’s mirrored architectural arch,” Hines said in a press release.

“River Point is a world-class project that has reshaped the iconic Chicago skyline,” said Jim Walsh, Senior Managing Director at Hines’ Chicago regional office. “The reflections of the bright red sculpture on the River and the glass tower will be an amazing sight to see. It is a great artistic touch to our plaza and the riverfront.”

“Chicagoans have been highly anticipating the arrival of this sculpture and we are excited to welcome this as a new focal point in the city’s rich history of world class architecture and outdoor public sculpture. I am very proud that the model used in selecting the Calatrava sculpture will be displayed at the Art Institute of Chicago alongside models for Chicago’s Picasso, Calder and DuBuffet sculptures,” added Larry Levy, Managing Partner of Levy Family Partners.

The 1.1 million-SF River Point office tower, which opened in 2017, is co-owned by Hines and Ivanhoé Cambridge, the real estate investment arm of Caisse de dépôt et placement du Québec and Levy Family Partners. The Pickard Chilton Architects  firm designed the River Point office tower.

In Houston, Hines and Ivanhoé Cambridge are currently developing the 47-story Texas Tower on the former site of the Houston Chronicle building on Texas Avenue.

Houston-based Hines, founded in 1957, has a presence in 205 cities in 24 countries. Hines has approximately $133.3 billion of assets under management.


July 22, 2020 Realty News Report Copyright 2020


Caption: Rendering via Hines


File: Calatrava sculpture for River Point Park. File (2) CHICAGO – Hines Announces Calatrava sculpture


 

 

 

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