A World-Class Opportunity

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Florence Hensley
5 years ago
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A World-Class Opportunity The City of Chicago boasts one of the most revered and coveted retail locals in the United States: The Magnificent Mile.

2 A World-Class Opportunity The City of Chicago boasts one of the most revered and coveted retail locals in the United States: The Magnificent Mile. In the center of this 13-block stretch of North Michigan Avenue you will find 909 North Michigan Avenue alongside some of the most recognizable storefronts in the world. This world-class location resides steps away from some of City s most iconic landmarks, and is surrounded by Chicago s premier shopping, dining and residential. Experience the Magnificent Mile in all of its grandeur at 909 North Michigan Avenue - Where Timeless Elegance meets Modern Luxury. 2 3

Mag Mile Chicago hit a new milestone in 2014 with more than 50 million visitors last year, a 3.5% increase over 2013. The city had more than 48.

3 Mag Mile Chicago hit a new milestone in 2014 with more than 50 million visitors last year, a 3.5% increase over The city had more than 48.5 million domestic visitors last year, topping New York by more than four million. These annual visitors have a significant economic impact and generate: MAG MILE BY THE NUMBERS // Living, Thriving, Enjoying NUMBER OF HOTELS (ROOMS) // 105 (37,057) TOTAL ANNUAL REVENUES GENERATED ON THE MAG ANNUAL CHICAGO VISITORS // 50 Million The Opportunity AVAILABLE // Q LUXURY TENANCY NEW RENTABLE CONFIGURATION // 1,473 SF (A) RESTUARANT TENANCY NEW 2,187 SF (B) RENTABLE CONFIGURATION // 6,564 SF 2,156 SF (C) Renovations Underway MILE // $1.8 Billion ANNUAL VISITORS TO THE MAG MILE // 22 Million FLAGSHIP AND BOUTIQUE STORES // 211 IN DIRECT SPENDING* // $13.7 Billion GUEST ROOM AND LOBBY FULLY RENOVATED ROOMS BY RENOVATION // $25 Million MARCH 2016 // 752 RESIDENTS* // 53,000 AVERAGE HOUSEHOLD INCOME* // $120,000 IN TOTAL TAX REVENUE* // $900 Million RELATED TO TOURISM // 133,000 Jobs SQUARE FEET OF TOTAL SPACE // 17 Million renovation of their premises. It will be one of the first hotels featuring the latest Westin Generation 4 room which incorporates more modernized *Demo s pulled from Gold Coast, Streeterville and River North. 4 The adjoining Westin Michigan Avenue Hotel has begun a large scale facilities leveraging natural elements and colorful accents. 5

4 Mag Mile OAK ST Marshall Pierce (coming soon) Chanel Van Cleef Georg Jensen WA LT O N S T BAR 101 3,001 SF H.C. MEN 136 RESTAURANT H.C. WOMEN DRINK RAIL 126 HOST STAND 127 D E L AWA R E P L A C E 113 TOLIET 101 WOMEN FREEZER DISH WASHING RESTAURANT TENANCY NEW RENTABLE CONFIGURATION NOT TOILET ACCESSIBLE MAN LIFT ROOM G R A N D AV E 173 RAMP DOWN 131 BELLMAN 133 6,490 SF 172 CORR CORRIDOR RAMP DOWN TRIBUNE TOWER Dylan s Candy Argo Tea WGN Howells & Hood Fidelity KITCHEN 171 CORR. OHIO ST Hotel Inter-Continental Michael Jordan's Steakhouse 118 PREP 124 (9,750) RESTAURANT 6,564 SF 130 RECEPTION GAP Tourbillon Allen Edmonds Citibank Men s Warehous Atlas Galleries Bandara Restaurant I LLI NOIS ST Corner Bakery Starbucks Charles Schwab Joel Oppenheimer Peet s Coffee Ghiradelli Walgreens MEN HOTEL LOBBY O N TA R I O S T LOBBY Bank of America Purple Pig Coach Timberland ALDO Guess ERIE ST 129 HUBBARD ST Salvatore Ferragamo Swiss Fine Timing Tumi Ermenegildo Zenga Burberry VEST. Shops at North Bridge Nordstrom Marriott Swarovski CAMPER Lao Sze Chuan MAC Forever 21 Kiehl s Overland Hugo Boss True Religion HURON ST Apple Cole-Haan Nike Town Garmin NORTH MICHIGAN Marshall s Ann Taylor Under Armour AT&T Levi s Grand Lux Café Crate & Barrel Rolex Cartie Disney Store Brooks Brothers Stuart Weitzman VEST. Express Omni Hotel LOFT Harley Davidson Tommy Bahama SUPERIOR ST E DELAWARE PL CHICAGO PLACE Sak s Fifth Avenue T-Mobile Zara C H I C A G O AV E Walgreens Neiman Marcus M I C H I G A N AV E Polo & RL Restaurant Anthropologie Banana Republic Victoria s Secret Tiffany & Co. 2,379 SF 6'-0" 112 HALLWAY 800 NORTH MICHIGAN 102 Water Tower Place Macy s American Gril Place Ritz-Carlton Hotel PEARSON ST Hershey Bottega Veneta 2,187 SF CHESTNU T ST 103 JOHN HANCOCK CENTER The North Face Best Buy L Appetito Aveda The Cheesecake Factory The Signature Room LUXURY TENANCY NEW RENTABLE CONFIGURATION 2,156 SF 2,187 SF 1,473 SF 2,156 SF Verizon H&M Uniqlo Columbia Top Shop / Top Man Ghiradelli 909 NORTH MICHIGAN C B A Bvlgari Anne Fontaine Omega The Grill Restaurant Westin Hotel D E L AWA R E P L 919 NORTH MICHIGAN Louis Vuitton Alice & Olivia St. John s Elizabeth Arden Red Door 900 NORTH MICHIGAN Bloomingdale s Gucci Mont Blanc Max Mara J. Crew Michael Kors L.K. Bennett M I C H I G A N AV E N U E 7

5 PETER CARUSO Senior Vice President Retail Brokerage Lead Chicago/Midwest SHANNA ATHAS Vice President, Brokerage Retail Brokerage Chicago/Midwest