500 N Michigan Ave, Chicago: 24-Storey Office-to-Residential Conversion

24-Storey Office-to-Residential Conversion at 500 N Michigan Ave, Chicago was permitted on October 16, 2026 with a stated construction value of $50M to $100M. Dds 2019 cbrc: interior buildout to existing 24-story mixed-use, office building to convert into multi-family residential building with 320 residential units. buildout to include new rooftop amenity space. demo permit #101073249. mixed-use retail at grade is… Builtie tracks the project's stage, the trades still being bought and the people who decide.
The same four steps, whether the buyer is a builder, a designer, an owner or a company you want to acquire.
The project
| Address | 500 N Michigan Ave, Chicago |
| Project | 24-Storey Office-to-Residential Conversion |
| Building type | Commercial |
| Work | Renovation or alteration |
| Permit issued | October 16, 2026 |
| Stated construction value | $50M to $100M |
| Estimated stage | Permit |
| Company named on the permit | Skender Construction LLC |
| Decision makers and contacts | In Builtie |
From the permit: “Dds 2019 cbrc: interior buildout to existing 24-story mixed-use, office building to convert into multi-family residential building with 320 residential units. buildout to include new rooftop amenity space. demo permit #101073249. mixed-use retail at grade is…”
Which trades are being bought now
The project is just permitted; site work and foundations come next. At that stage these trades are inside their award window, the stretch of the build when the builder or general contractor decides who gets the work:
| Trade | Award window |
|---|---|
| Excavation and Site Work | Before construction starts |
| Construction Site Security | Before the start to 15% |
| Concrete and Foundation | Before the start to 5% |
| Structural Steel | 0% to 15% |
| Elevators | 0% to 20% |
| Framing | 0% to 20% |
| Painting | 5% to 35% |
What Builtie adds
In Builtie: the decision makers on this project and their verified contacts, the trades already credited on it, the builder's other active permits, and LinkedIn and email outreach that runs while you work.
Other major projects in Chicago
- 89 E Randolph St: Transit Facility Renovation
- 710 N Fairbanks Ct: Office and Tenant Fit-Out
- 171 N La Salle St: Office and Tenant Fit-Out
- 400 S Jefferson St: 4-Storey School Renovation
- 1650 E 95th St: Warehouse
All of them: construction projects in Chicago by address. Chicago issues one combined permit per project, so the name on it is usually the general contractor or developer, which is the company a trade wants to reach.
Plans
Builtie's Starter plan is $79 per seat per month (CAD) for 20 projects; Growth is $99 for 50 projects and adds the LinkedIn and email outreach you run yourself. Opening a project spends one credit, and the decision makers, emails, phones and AI call script inside it are included. Your monthly credits reset at each renewal, and extra credit packs are valid for 30 days. The free trial runs 7 days with 10 projects. Custom, where Builtie's team runs the outreach for you, starts from CAD $1,500 a month on top of a Growth seat.
Frequently asked questions
What is being built at 500 N Michigan Ave?
24-Storey Office-to-Residential Conversion. Dds 2019 cbrc: interior buildout to existing 24-story mixed-use, office building to convert into multi-family residential building with 320 residential units. buildout to include new rooftop amenity space. demo permit #101073249. mixed-use retail at grade is…
When was the permit issued for 500 N Michigan Ave?
October 16, 2026, by the City of Chicago.
Who is building 500 N Michigan Ave?
Skender Construction LLC is named on the permit. The decision makers and their contacts are in Builtie.
Which trades does 500 N Michigan Ave need now?
At its current stage: excavation and site work, site security, concrete, structural steel, elevator, framing, painting.
What does Builtie cost?
Starter is $79 per seat per month (CAD) for 20 projects; Growth is $99 for 50 projects and adds LinkedIn and email outreach. There is a 7-day free trial with 10 projects.
