[Rizzo]

Originally Posted by spyguy

http://www.chicagobusiness.com/artic...UE01/301289972

North Bridge mall owner to buy 500 N. Michigan in retail expansion
By Ryan Ori January 30, 2012

A daring deal in the works would reshape a stretch of North Michigan Avenue by extending the Shops at North Bridge's reach by converting an office tower next door to retail space.

Santa Monica, Calif.-based Macerich Co., which owns Nordstrom-anchored North Bridge, has agreed to buy the office building at 500 N. Michigan Ave. from Chicago-based Zeller Realty Group, sources say. Macerich is exploring ways to connect the lower floors of the 24-story office building and provide more prime retail frontage along Michigan Avenue. The redevelopment would bridge a more than 20-foot gap over a lower-level alley between the north side of 500 N. Michigan and the mall at 520 N. Michigan Ave.

This sounds fun and a creative architectural task.