Sterling Bay has secured $174.5 million in financing for the construction of 300 N. Michigan Ave., a $250 million tower in downtown Chicago.
Located just south of the Chicago River, 300 N. Michigan Ave. will include 289 residential units, 25,000 sq. ft. of retail space and a 280-key hotel.
Designed by bKL Architecture, the 523-foot glass structure is situated just blocks from several of Chicago’s most visited tourist attractions including the recently revitalized Chicago Riverwalk and Millennium Park’s world famous Cloudgate.
Linn-Mathes is the project’s contractor.