ComEd has announced plans to redevelop the existing trading building at 333 S LaSalle Street in The Loop. Located on the corner with W Van Buren Street, the low-rise building is adjacent to the Board of Trade tower and for many years held the last open-outcry trading pits in Chicago. The purchase, which was finalized in November, marks the end of a long history for in-person trading that helped power the local economy, which now relies on virtual operations.
At eighth place in Chicago YIMBY’s year-end countdown is 300 N Michigan Avenue, a 47-story mixed-use skyscraper developed by Sterling Bay at the northeast corner of The Loop. Rising 523 feet to its pinnacle, this nearly complete tower will house retail within its podium, a hotel on floors six to 15, and apartments on the 17th through 46th floors. The hotel portion will be a 280-key CitizenM, while the residential portion, dubbed “Millie on Michigan” will yield a total of 289 rental units.
In 17th place for Chicago YIMBY’s year-end countdown is 410 S Wabash Avenue, a 25-story tower that was recently cleared to rise in The Loop. This development by Lennar Multifamily Company (LMC) will stand 260 feet in height, and will yield a mix of 8,000 square feet of ground-level mercantile space and 344 rental units.
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.