East Randolph Street – Call Kristine 312-933-1894

Observations and insights into real estate happenings along E. Randolph St. in downtown Chicago

East Randolph Street, Chicago

Millenium Park Plaza – 151 N. Michigan

August 8th, 2009 · No Comments · Uncategorized

This is a rental building at the intersection of Michigan and Randolph. The building is probably most recognizable for the domed entrance to La Strada – a restaurant which is no longer there. The owners of Millenium Park Plaza had started the process of getting approval to build a new tiny highrise adjacent to Millenium Park Plaza directly above the dome, and the restaurant either decided to shut down or they were not given the option to renew their lease. I talked with the owner of the convenience store on the other end of the building several months ago, and he said he was getting kicked out. (Note that their web site probably needs to be redesigned if they are not putting in a new grocery store. http://www.millenniumparkplaza.com/amenities/grocery.html) Also, there used to be a popular pub next to La Strada called “J Randolph’s” and was operated I believe by the same people who ran La Strada. So the building’s retail and restaurant space is all empty right now, pending the construction of the new high rise, which in this credit market may take a while to get started. If you have any other news to share about any of the above or about the building, please post as a comment on this thread. Also, if you are looking at rentals in this neighborhood, I’d be happy to schedule a day to show you this building and several others downtown  and help you compare your options.

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