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.
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.
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.
The Tribune East Tower, the recently approved supertall expected to rise 1,422 feet, takes the number one spot in YIMBY’s countdown as Chicago’s tallest development. Poised to become Chicago’s second tallest building, Tribune East is part of the Tribune Tower redevelopment project, which includes the conversion of the original Tribune Tower into 162 condominium units. Developers CIM Group and Golub & Company are leading the development of the $700 million structure that will replace a surface parking lot originally used by Chicago Tribune employees.