Final glass pieces are being installed for 300 N Michigan Avenue, a 47-story mixed-use skyscraper in The Loop. Co-developers Sterling Bay and Magellan have planned for a retail base, a 280-key citizenM hotel on the lower levels, and 289 rental apartment units on the upper floors.
Magellan Development Group
Wrapping up 2021’s year-end countdown is the 101-story St. Regis Chicago, anchored prominently at 375 E Wacker Drive along the Chicago River. Formerly known as Vista Tower and Wanda Vista Tower, this glassy Lakeshore East goliath has been planned by Magellan Development Group and will be managed under St. Regis Hotel and Resorts (subsidiary of Mariott). The height of the tower has been reported as several different figures, including 1,196 and 1,198 feet, though planning documents appear to indicate 1,191 feet as the most precise measurement from the Riverwalk to the architectural pinnacle.
Since YIMBY’s September update, glass has steadily enclosed most of the remaining floors at 300 N Michigan Avenue, a 47-story skyscraper that recently topped out in the northeast corner of The Loop. Developers Magellan Development Group and Sterling Bay have planned a mix of retail in the base, a 280-key CitizenM hotel on the sixth through 15th floors, and residential apartments on the 17th through 45th floors.
Last week, structural work reached the 510-foot-tall pinnacle 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.
This week, the 37-story apartment tower known as Cascade and the adjacent Cascade Park both officially opened in Chicago’s Lakeshore Eastc neighborhood. Lendlease and Magellan have co-developed the overall project, which includes Cascade tower, a taller 47-story condominium tower known as Cirrus, and the public Cascade Park located at the foot of the towers.