Urban Real Estate

New South Loop Tower Ready To Rise

New South Loop Tower Ready To Rise

Another tower is poised to join the booming South Loop; a new 47-story high rise has officially received its permits to begin foundation work from the city of Chicago.

The tower, designed by Chicago-based SCB will be built at 1326 S. Michigan. Officially known as "SoMi" for South Michigan, it will bring 500 new rental units, 190 parking spots and new retail space along Michigan Avenue itself. It's a joint project from Chicago-based Murphy Development Group and California’s CIM Group.

Read more at Curbed Chicago here.