Sale Announced For Parcel Next To NEMA In South Loop
Initial details have been revealed for the sale of the parcel of land at 1201 S Michigan Avenue in the South Loop. Located directly on the corner with E Roosevelt Road and adjacent to the NEMA Chicago skyscraper, the large lot was most recently envisioned as a slightly taller version of NEMA itself. Now Miami-based developer Crescent Heights has hired the local office of CBRE to sell the property according to Crain’s.