The Loop

Thompson Center

City Council Approves New Zoning for The Loop’s Thompson Center Site

Yesterday, the Chicago City Council approved a new zoning ordinance to upzone the property occupied by the Thompson Center, potentially clearing the way for a much taller development. Located at 100 W Randolph Street in The Loop, the 17-story government building was listed for sale earlier this month as the state has begun dispersing its downtown offices to other locations. One such location is the 429,000-square-foot 555 W Monroe Street, where nearly a third of the 3,400 state government employees have relocated.

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300 N Michigan Avenue

Construction Passes Halfway Mark for 300 N Michigan Avenue in The Loop

Structural work has surpassed the 25th floor at 300 N Michigan Avenue, a 47-floor mixed-use tower rising in the northeast corner of The Loop. The 400,000-square-foot project is being co-developed by Sterling Bay and Magellan Development Group, whose plans include 25,000 square feet of retail on the first three floors, a 280-key citizenM hotel on floors six through 15, and 289 apartments spanning floors 17 through 45.

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