ALIGN YOUR BRAND WITH
LEGENDARY
MONUMENTAL
DESTINATION
Tribune Tower represents Chicago’s newest mixed-use transformation on a monumental scale — and The Shops at Tribune form its center. The artfully redesigned retail flagship and boutique spaces together with the new Tower Residences, reimagined Plaza, Apple Store and revitalized River walk , will generate interest and traffic for decades to come.
LANDMARK
LOCATION
THE MAGNIFICENT MILE
Tribune Tower is a national and local treasure officially landmarked by the city of Chicago. It not only occupies the center of the city, but owns the heart of Chicagoans. It stands as a focal point of civic pride and is regarded as the crown jewel of a city famed for its architectural gems. The building’s rich architectural elements are celebrated while being re-imagined for today’s consumer.
THE FIRST
IMPRESSION
CHICAGO’S NEW
CROSSROADS
Millions of visitors from all over the world flock to Tribune Tower every year to experience the history and architecture, then stay to shop, dine and take in the surrounding culture.
ANNUAL VISITORS
9.3M
NAVY PIER
30M
MICHIGAN AVENUE
12.9M
MILLENNIUM PARK
600K
JOHN HANCOCK OBSERVATORY
THE REASON THE MILE IS SO
MAGNIFICENT
3.3M
SQUARE FEET OF RETAIL SPACE ON MICHIGAN AVENUE WITH A 7.4% RETAIL VACANCY RATE
$15B
IN TOURISM GENERATED SPENDING IN ALL OF CHICAGO
$2.3B
IN ANNUAL RETAIL AND FOOD & BEVERAGE SALES ON NORTH MICHIGAN AVENUE
42K
AVERAGE DAILY VEHICLES
55K
AVERAGE DAILY PEDESTRIANSON WEEKENDS
44K
AVERAGE DAILY PEDESTRIANS ON WEEKDAYS
503K
DAYTIME POPULATION WITHIN A 1 MILE RADIUS
77K
RESIDENTS LIVE WITHIN A 1 MILE RADIUS
$140K
AVERAGE HOUSEHOLD INCOME WITHIN A 1 MILE RADIUS
17.7MSF
OF OFFICE SPACE IN THE NORTH MICHIGAN AVENUE SUB-MARKET WITH A 12.4% VACANCY RATE
25.1K
HOTEL ROOMS IN THE AREA
RESIDENCES
WITHOUT RIVAL
• 162 Residential units
• Delivered Q2 2021
FLAGSHIP
PRESENCE
AT THE RIGHT SIZE
A WORLD CLASS
COURT
With music, art, entertainment and the new Apple Store, Pioneer Court enjoys a thriving cultural life. As part of the redevelopment, ownership has reimagined the plaza creating a natural outdoor extension of The Shops at Tribune brand. Pioneer Court prevails as the only public plaza on North Michigan Avenue providing a unique opportunity to connect the city, its people and The Shops.
As the venue of an ongoing series of cultural and artistic activations designed to generate curiosity and a sense of discovery, the court will undeniably and effortlessly promote The Shops at Tribune Tower.
THE
FLAGSHIP
THE BEST
BOUTIQUE
SHOPPING
BOUTIQUE
SHOPPING
IN CHICAGO
THE BEST
BOUTIQUE
SHOPPING
BOUTIQUE
SHOPPING
IN CHICAGO
At the gateway of one of the world’s most prominent high street shopping avenues, The Shops at Tribune Tower are located at the pulse of retail in Chicago. The curated collection of shops that plant their flag at The Shops will benefit not only from the prestigious location, but from their combined drawing power. This unprecedented retail destination will shine on a global scale and attract world class brands.
FEATURES
-
Michigan Avenue frontage and flagship branding
-
New two-story storefronts
-
Flexible floor plans
-
Rare “small shop” floorplans
-
All new infrastructure
-
Adjoins the newly activated Pioneer Court, including Apple’s flagship retail store and Chicago Riverwalk
-
Available Now
-
Availabilities ranging from 1,000 SF to 17,500 SF
FLEXIBLE
DEMISING
TO ACCOMMODATE YOUR BRAND
THE FLAGSHIP
KEY PLAN
-
FULL SPACE: 12,292 SF
-
DEMISED OPTION
- Retail #101: 5,789 SF
- Retail #102: 6,475 SF
THE PIONEER COURT CORNER
KEY PLAN
-
FULL SPACE: 2,328 SF
-
DEMISED OPTION
- #108A: 1,285 SF
- #108B: 1,043 SF
ALIGN YOUR BRAND WITH
LEGENDARY
Since its founding more than 55 years ago, with three generations of professionals working in the business, Golub & Company has built a strong reputation as a trusted co-investor and developer with its many institutional and private capital partners. It’s a reputation based on track record; Golub and its affiliates have owned, leased or managed more than 50 million square feet of commercial, mixed-use and multifamily real estate properties, including 45,000 residential units, valued in excess of $10 billion located across the United States and internationally.
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Established in 1994, CIM is a vertically-integrated owner and operator of real assets for its own account, and on behalf of its partners and co-investors seeking to invest in urban real assets, net-lease assets, and other associated credit strategies, with a principal focus on North America. CIM’s real assets include urban residential, commercial, retail, hospitality, debt, and infrastructure investments as well as U.S.-based retail, office, and industrial net-lease. CIM’s broad expertise includes in-house research, acquisition, investment, credit analysis, development, finance, leasing and asset management capabilities.
For more information, please visit www.cimgroup.com
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Call for more details and to be notified when new information is available.
SHARON KAHAN
Senior Vice President
312.953.2994
sharon@odysseyretail.com
AMY SIDER
Managing Broker
847.722.6225
amy@odysseyretail.com
NICHOLAS HOWELL
Vice President
646.817.3499
nhowell@cimgroup.com
LEAH BARRETT
Vice President
646.817.3498
lbarrett@cimgroup.com
