Last week, structural work reached the 510-foot-tall roof height of a new 47-story mixed-use skyscraper, located at 300 N Michigan Avenue in The Loop. The development is a joint-partnership between Sterling Bay and Magellan Development Group, whose plans entail a combination of retail in the base, a hotel on floors six through 15, and apartments on floors 17 through 45.
The hotel will be a branded citizenM hotel with 280 keys, while the apartment portion will comprise of 289 dwellings. Hotel guests will have access to an amenity deck on the fourth floor, while apartment inhabitants will find a private rooftop deck with extensive city views on the 46th floor.
The design by bKL Architecture is punctuated by a prominent series of trusses on the fourth and fifth floors, creating an open amenity deck area while supporting the overhanging tower above. The upper two floors are set back to allow for the aforementioned outdoor rooftop deck area. As far as the facade, the structure will be clad in a Vision glass curtain wall that changes subtly in its mullion patterning in order to reflect the interior functionality.
Parking consists of 22 on-site spaces and storage for 48 bikes. The project will offer extensive access to public transportation, with bus service for Routes 3, 6, 20, 26, 66, 124, 143, 146, 147, 148, 151, 157, 850, 851, and 855 at the immediately adjacent intersection of Michigan & South Water. Also within close walking distance are stops for Routes 2, 4, 10, 29, 36, 60, 62, 120, and 121.
As far as the CTA L, stops for the Brown, Green, Orange, Pink, and Purple Lines are all available at the State/Lake station, a five-minute walk southwest. Less than a block south of State/Lake is Lake station, with service for the Red Line Line. One block southwest of Lake is the Blue Line at Washington station. The Metra at Millennium station is a four-minute walk south.
The $175 million edifice has been built by Linn-Mathes Inc. as the general contractor and Adjustable Concrete Inc. as the concrete contractor. A full opening is expected for next spring.