# CHICAGO | 1201 S. Michigan Ave | FT | FLOORS

**URL:** <https://forum.newyorkyimby.com/t/chicago-1201-s-michigan-ave-ft-floors/23018>\
**Category:** Proposed\
**Created:** [August 9, 2023, 11:06am UTC](https://forum.newyorkyimby.com/t/chicago-1201-s-michigan-ave-ft-floors/23018 "2023-08-09T11:06:26Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![Mackensen](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/mackensen/32/138218_2.png) [@Mackensen](https://forum.newyorkyimby.com/u/Mackensen)\
**Post date:** [August 9, 2023, 11:06am UTC](https://forum.newyorkyimby.com/t/chicago-1201-s-michigan-ave-ft-floors/23018/1 "2023-08-09T11:06:27Z")

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[](https://www.cbre.com/resources/fileassets/US-SMPL-100691/e66c39a4/910a2924-a343-41b2-b2c3-fccdb9464b62_Photo_1_medium.jpg)

[https://www.cbre.com/properties/properties-for-lease/land/details/US-SMPL-100691/1201-south-michigan-avenue-chicago-il-60605](https://www.cbre.com/properties/properties-for-lease/land/details/US-SMPL-100691/1201-south-michigan-avenue-chicago-il-60605)

> **[Skyscraper development site next to Grant Park hits the market](https://www.chicagobusiness.com/commercial-real-estate/skyscraper-lot-near-grant-park-sale)**
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> The offering will test developers' appetite for another residential high-rise near the lakefront while demand for rental units remains strong.

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<div class="post-metadata">

**Author:** ![Mackensen](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/mackensen/32/138218_2.png) [@Mackensen](https://forum.newyorkyimby.com/u/Mackensen)\
**Post date:** [August 9, 2023, 10:49pm UTC](https://forum.newyorkyimby.com/t/chicago-1201-s-michigan-ave-ft-floors/23018/2 "2023-08-09T22:49:34Z")

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> The 43,123 square-foot parcel is being marketed as one of the last opportunities to build directly on Grant Park, with access to plenty of public transportation nearby and Museum Campus within a short walk. Marketing also mentions that under the site’s current zoning a single tower could be built reaching up to 900-feet in height with as much as 621-residential units, however two smaller towers would also be possible if built in phases.

> **[Sale Announced For Parcel Next To NEMA In South Loop - Chicago YIMBY](https://chicagoyimby.com/2023/08/sale-announced-for-parcel-next-to-nema-in-south-loop.html)**
>
> Initial details have been revealed for the sale of the parcel of land at 1201 S Michigan Avenue in the South Loop.

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**Author:** ![Waymond\_Womano](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/waymond_womano/32/7078_2.png) [@Waymond\_Womano](https://forum.newyorkyimby.com/u/Waymond_Womano)\
**Post date:** [May 31, 2024, 6:40pm UTC](https://forum.newyorkyimby.com/t/chicago-1201-s-michigan-ave-ft-floors/23018/3 "2024-05-31T18:40:58Z")

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> **[Crescent Heights Surrenders South Loop Development Site](https://therealdeal.com/chicago/2024/05/28/crescent-heights-surrenders-south-loop-development-site/)**
>
> Miami-based Crescent Heights surrendered a South Loop development site, allowing an affiliate of Mexican lender Grupo Financiero Inbursa to take control.