Magnificent Mile

Water Tower Place Changes Hands On Michigan Avenue

7:30 am on April 8, 2022 By Ian Achong

The famed Water Tower Place Mall at 835 N Michigan Avenue on the Magnificent Mile has been turned over to its lender. Located between E Chestnut Street and E Pearson Street just south of the John Hancock Tower, the retail location has occupied the full block site since the 1970’s. Most recently owned by New York-based Brookfield Properties who operate retail locations across the nation, the mall will now be in the hands of MetLife Investment Management which is a part of the insurance company.

Tribune Tower Renovation Ranks 10th in Year-End Construction Countdown

7:45 am on December 22, 2021 By Jack Crawford

The edifice’s story begins almost exactly 100 years ago, when The Chicago Tribune newspaper held a public competition to design its new headquarters. The key guideline was to design the “most beautiful office building” in the world, with over 260 submissions vying for that title and a first prize of $50,000 (roughly $800,000 in 2021). The winning entry was the Neo-Gothic design by New York-based Raymond Hood and John Mead Howells, whose dramatic Neo-Gothic design came to fruition with the tower’s completion in 1925. The Chicago Landmark would serve as the Tribune’s headquarters for another 93 years, up until its 2018 relocation to One Prudential Plaza. Upon the departure, the property was sold for $240 million to co-developers CIM Group and Golub & Company.

A Look at the Newly Open Tribune Tower Residences Along Magnificent Mile

7:45 am on November 10, 2021 By Jack Crawford

This week, Chicago YIMBY stopped by the Tribune Tower Residences, the newly open condominium conversion at Tribune Tower. The 34-story, 462-foot-tall former publishing headquarters is situated at prominently at 435 N Michigan Avenue along Magnificent Mile.

Museum Of Ice Cream Announces Location In Magnificent Mile’s Tribune Tower

7:30 am on October 8, 2021 By Ian Achong

The Museum of Ice Cream has announced it will open its fourth permanent location inside the re-developed Tribune Tower at 435 N Michigan Avenue on the Magnificent Mile. The Chicago location will be joining similar attractions in New York, Austin, and Singapore, the museum previously has operated long-term pop-ups in places like Miami and San Francisco drawing large crowds to its many social-media friendly displays.

Tribune Tower Conversion Approaching Finish Line along Magnificent Mile

7:45 am on August 14, 2021 By Jack Crawford

Final facade work is approaching the finish line for the condominium conversion of Chicago’s iconic Tribune Tower, located at 435 N Michigan Avenue along the southern end of Magnificent Mile. The 462-foot-tall neo-Gothic tower was purchased by CIM Group and Golub & Company in 2018 as the namesake Chicago Tribune newspaper moved its headquarters to One Prudential Plaza.

Historic Sign Reinstalled at Tribune Tower Residences along Magnificent Mile

7:45 am on June 3, 2021 By Jack Crawford

The historic “Chicago Tribune” sign has been reinstalled at the rapidly progressing Tribune Tower Residences in Magnificent Mile. Previously occupied by the Chicago Tribune since its initial construction in 1925, the 34-story landmark was sold in 2018 upon the publication’s relocation to One Prudential Plaza. Co-developers CIM Group and Golub & Company are now converting the Gothic Revival icon at 435 N Michigan Avenue to house 162 condominiums alongside retail at the base and a swath of residential amenities.

Tribune Tower Conversion Draws Toward Completion Along Magnificent Mile

7:45 am on April 1, 2021 By Jack Crawford

Construction is approaching completion for the condominium and retail conversion of the landmarked 34-story Tribune Tower, located at 435 N Michigan Avenue along Magnificent Mile. CIM Group and Golub & Company have planned the renovation of the tower, built in 1925 in the Gothic Revival style. The Chicago Tribune occupied the building up until it relocated to One Prudential Plaza in 2018. The new plans for the tower include 47,500 square feet of retail in the base, 162 condominiums, and 55,000 square feet of amenities.

Tribune Tower’s Mixed-Use Conversion Ranks 17th in Chicago YIMBY’s Development Countdown

7:45 am on December 15, 2020 By Jack Crawford

At number 17 in YIMBY’s end-of-year development countdown, the residential and retail conversion of the 34-story Tribune Tower is nearing completion along Magnificent Mile.

Renovations Near Completion for 500 N Michigan Avenue Along Magnificent Mile

7:30 am on November 14, 2020 By Jack Crawford

Renovation work is well underway and approaching completion at the base of 500 N Michigan Avenue, which is located along Magnificent Mile, aka Michigan Avenue, just north of the river. Skidmore Owings & Merrill originally designed this 24-story modernist structure, completed in 1968.

Tribune Tower Condominium Conversion’s Exterior Wraps Up

7:45 am on November 1, 2020 By Jack Crawford

Work is nearing completion for the condominium and retail conversion of the iconic 34-story Tribune Tower, located at 435 N Michigan Avenue along Magnificent Mile.

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