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47-Story Michigan Ave Tower Proposed by Sterling Bay

Posted by Susan Dickman on Tuesday, March 26th, 2019 at 9:27am.

Sterling Bay Michigan Ave Tower

 

Seems like 300 N. Michigan Avenue may be getting a new 47-story tower in the middle of all the action! Sterling Bay, without a doubt, has been busy this year. They are currently closing in on final approval for their Lincoln Yards development, the biggest project the area has seen.

The tower plans for Michigan Avenue will include 280 hotel rooms and 290 residential units. This information was given by Alderman, Brendan Reilly. Sterling Bay owns a vacant building on the corner of Michigan and East Wacker. The proposed Tower is supposed to replace  the current building if the project moves forward.

This 523-foot building will consist of 29 floors of residential units and a hotel on the lower 10 floors. The Tower would also include 25,000 square feet of retail space and residential amenity space on the 5th and 46th floors.

We will keep you updated as more information becomes available to us. In the meantime, feel free to read more updates on developments currently happening in Chicago by visiting our blog page or by clicking here.
 

You can find renderings of the building below:

 

 

 

 

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