Mayor Rahm Emanuel visited the installation of the 33rd tower crane to go up in 2016 in Chicago. Located at 451 E. Grand Ave., in the Streeterville neighborhood, the new crane sets a post-recession record and marks eight more than went up last year. The new crane is the 48th tower crane to operate in Chicago during 2016 – 31 more than we saw in 2011. With this new tower there are 29 tower cranes currently operating on construction sites in the city with seven more approved and pending installation. The new building, called One Bennett Park, is being developed by Related Midwest and was designed by Robert A.M. Stern Architects. It will be the tallest all-residential tower in Chicago at 836 feet tall. The building will feature a unique 1.7-acre public park designed by architect Michael Van Valkenburgh, the creator of Maggie Daley Park and The 606. Residential deliveries are expected to begin in late 2018 and will continue into 2019.