Construction is ascending rapidly for 300 N Michigan Avenue, a 47-story mixed-use tower located in the northeast corner of The Loop. Co-developed by Magellan Development Group and Sterling Bay, the 523-foot-tall skyscraper is set set to house a mix of 25,000 square feet of retail, a 280-key citizenM hotel, and 289 residential units above.
Sterling Bay, the developers behind Lincoln Yards, recently shared an update with community members about the status of development at the site. The new Dominick Bridge plus the Life Sciences Building are planned to break ground this year. Planned for the southern half of the site, dubbed Lincoln Yards South, the two projects will be the first new construction for the overall mega-development.
Construction has risen above street level at 300 N Michigan Avenue, located in The Loop. Planned to rise 523 feet, the tower will stand 47 stories above the intersection of N Michigan Avenue and E Wacker Place. The development is a result of the collaboration by Magellan Development Group and Sterling Bay.
As the 30th tallest entry in Chicago YIMBY’s end-of-year countdown the approved 330 N Green Street, set to reach 288 feet in height, currently awaits groundbreaking in the Fulton Market neighborhood. Dubbed “The Porch,” Sterling Bay’s 20-story mixed-use development will provides a unique set of features that help blaze the trail for the 21st-century office block.
Today, YIMBY has an exclusive first look at renderings for a new 31-story mixed-use development at 401 N Racine Avenue in West Loop. The project site is a full block lot, bounded by Metra tracks to the north, N May Street to the east, W Kinzie Street to the south, and N Racine Avenue to the west. The nearest public transportation is the Route 65 CTA bus, accessed at the Grand and Racine, within a three-minute walk from the site. The Morgan CTA L station, serviced by the Green and Pink Line, can be accessed within a ten-minute walk.
