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Tuesday, May 1, 2012

Apartment Building at 1212 S. Michigan get Renovation; Becomes Park Michigan

New Lobby at Park Michigan (formerly 1212 S. Michigan)
About a year ago we read that the apartment building at 1212 South Michigan was up for sale.  Fast forward to today and it appears that Crescent Heights, the new owner, is renovating parts of the building (see above and below).  Also of interest is that the building is being re-branded Park Michigan.

While we don't claim to be real estate experts, this seems like a smart move.  While this building isn't state of the art like some of the newer towers to go up, it sits at a very very very prominent location (Roosevelt and Michigan) and must have amazing views.  Good to see that the new owners are investing and upgrading in the building and the neighborhood!
New amenities room at Park Michigan

16 comments:

  1. Can we somehowe get them to cut the lease with the 24hour Subway.. what a joke of an entrance for the south loop.

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  2. i thought we all agreed that the south loop starts at congress so how is the subway the entrance for the south loop??

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  3. That subway spot is prime location for our future chipotle!

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  4. WE'RE REALLY REACHIN' FOR CONTENT TO TALK ABOUT EH SLOOPY?

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  5. As a former resident, facing east on the 29th floor, I can confirm that the building has great views of Grant Park and the Lake. I watched Obama's acceptance speech from my window. That said, the building certainly is in need of a face-lift. Nice to hear that the new owners are going to give it a little TLC.

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  6. There's a some sort of build-out happening on the first floor of the condo building at NW corner of 14th PLACE & Wabash in very early stages. Maybe someone else has more info? Hopefully not a hair salon.

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  7. 14th and Wabash is going to be a dentist office.

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  8. what is with the south loop and teeth?

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  9. Anyone have updates on Square One or Alains?

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  10. As a current resident of this building, management has told use that they also intend to lease the space to the west of the Subway. As they put it, it'll be a "service oriented" business. MarkChicago, you might get your hairsalon yet.

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  11. The section 8 housing in this building makes it less desirable to live in

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  12. Question on Section 8 Housing - Are there approval or permit requirements, zoning changes, or some Chicago ordinance that provides information on the maximum amount of section-8 rental allowed in a building? What keeps a building owner from going all Section-8 without notification to rest of building or neighborhood?

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  13. THIS BUILDING DOESNT HAVE SEC 8

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  14. I shot a brief video in the building recentlly and will be posting a video of the revamped common areas a few weeks from now:

    http://www.youtube.com/watch?v=WrQAbyVg5Ho

    You'll catch a few quick view shots in the video.

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