Model Open at Museum Park Lofts

News Release, September 15, 2003

Chicago-based Enterprise Companies recently opened a fully furnished model at its newest development, Museum Park Lofts, located in Chicago's most successful lakefront neighborhood - Museum Park.

This 21-story development, located at 13th Street and South Michigan Avenue, will offer 202 loft residences. Modern architecture combined with contemporary space and first-rate amenities, distinguish Museum Park Lofts as an astonishing place to live. Priced from the $170s, the one-bedroom units range in size from 774 to 867 square feet. Two-bedroom units offer up to 1,353 square feet and are priced from the $250s.

Each loft residence features contemporary, open floorplans with the high-tech look of exposed ductwork and concrete architectural elements. Curved walls and high ceilings maximize the volume of available space and allow for each room to be flooded with natural light. Other features include 10-foot floor-to-ceiling windows, hardwood floors, fireplaces with marble hearths and granite countertops in glamorous open kitchens. Buyer selected finishes create an additional personal dimension to these homes. Private open-air balconies and terraces offer spectacular views of surrounding parks, Lake Michigan and Chicago's skyline.

"Now that the model is open for viewing, prospective buyers can really get a feel for the charm and luxury of these lofts," said Ron Shipka, Jr., a principal of the Enterprise Companies. "The loft design allows wide-open, flexible floor plans, while new construction provides modern, practical amenities. And when you combine the incredible location of these homes, the value is incomparable to anywhere else in the city."

Museum Park Lofts offer owners the privacy and comfort expected of a first-class building. Features such as secured indoor parking, a 24-hour doorman and a state-of-the-art fitness center all add up to a new definition for loft living.

"Museum Park is a great place for residents to really appreciate what Chicago has to offer," said Shipka. "Not many communities offer residents the easy accessibility of visiting their favorite museum, going to the beach, shopping at the most exquisite stores or dining at top-rated restaurants along Michigan Avenue. At Museum Park, all this and so much more is right outside their door."

The Museum Park sales center is located just south of Roosevelt Road at 1259 South Indiana Ave. Exit Lake Shore Drive at Roosevelt Road, opposite the Field Museum. Go west to Indiana Avenue and turn left. The sales center is open daily noon to 5 p.m. or by appointment. For more information or to make an appointment, please call (312) 362-0200 or visit the web site at www.museumpark.com.

As a leader in residential real estate development since 1971, The Enterprise Companies are currently developing over 2,500 distinctive residential homes across the city of Chicago. Many of their developments, including the 1000-residence Museum Park at Central Station, featuring new-construction lofts, high-rise condominiums and townhomes, have received awards for their design, ingenuity and architectural innovation. By approaching their business with a sense of responsibility toward creating the best possible living environments and neighborhoods, The Enterprise Companies continues to successfully accomplish their mission of making Chicago a better place to live.