The 60th tower crane of 2017 has gone up in Chicago, according to Chicago Now. This marks a 400 percent increase in the number of tower cranes operating in the city compared to 2010.

The latest crane went up to assist with construction of Renelle on the River, a condo development located at 403 N. Wabash Ave. The 18-story building will feature 50 luxury condos with price tags ranging from $1.3 million to $3 million or more.

The number of cranes operating in the city is the highest it has been since the recession, according to the report.

“It is not only a historic high. It is a sign of Chicago’s economic vitality, vibrancy, and versatility," said Mayor Rahm Emanuel, according to the report.