Chicago & Midwest + Downtown | June 1, 2022

Millie on Michigan, overlooking Chicago's Magnificent Mile, is Sterling Bay's first residential development

Sterling Bay, Magellan Begin Pre-leasing at Mag Mile Resi Tower

Sterling Bay and Magellan Development Group have launched pre-leasing at Millie on Michigan, a luxury residential tower at 300 N Michigan Ave. First move-ins are slated for July.

Rising 47 stories above the Magnificent Mile, Millie features 289 luxury apartments, including convertibles, one- and two-bedrooms, as well as a 280-key boutique hotel and vibrant ground floor retail. Rental rates range from $2,164 to $4,848 depending on unit size.

“The beginning of pre-leasing at the first residential property completed by Sterling Bay is an historic accomplishment for our hard-working and innovative team,” said Andy Gloor, CEO of Sterling Bay. “Millie on Michigan is truly an exceptional property with stunning views, phenomenal amenities, and beautiful interiors that will provide superior living for Chicagoans for years to come. Our team has never been more excited to continue building properties that meet the needs of employers, employees, and residents of this incredible city.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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