Big apartment tower planned south of the Chicago River on Michigan Avenue
Two well-known Chicago developers and a Chinese investor plan a big apartment tower on a once-drab stretch of Michigan Avenue that recently has sprung to life with a wave of real estate developments.
Chicago-based Sterling Bay and Magellan Development Group are drawing up plans for a tall apartment tower at 300 N. Michigan Ave., where a four-story building would be demolished, according to sources...
The exact size of the project is unknown. It could be similar to the 41-story Mila apartment building a block south, which Chicago developer John Buck completed last year....
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