# 500 N. Michigan Ave

- ID: 500-n-michigan
- Address: 500 N. Michigan Ave, Chicago, IL
- Developer: Commonwealth Development Partners (GC Skender)
- Units: 320
- Affordable units: 64
- Total project cost: $162M
- Program: Private market
- Public support: Private (ARO affordable)
- Status: Under construction — Under construction (work began ~May 2026; groundbreaking Jul 29, 2026); $113M financing
- Source: DPD map #8
- Coordinates: 41.890991, -87.624296
- Project page: https://chicagopipeline.com/projects/500-n-michigan

Sources:
- https://www.chicago.gov/city/en/depts/mayor/press_room/press_releases/2026/july/residential-conversion-groundbreaking.html
- https://www.multihousingnews.com/commonwealth-lands-113m-in-financing-for-chicagos-largest-conversion-project/

Data as of 2026-09-28. Part of the Chicago Pipeline: https://chicagopipeline.com/llms.txt