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Chicago, IL · Permit #101086607

500 N Michigan Ave

View work details in the official source

Reported project estimate$40,000Whole permitted job
Issued / readyJul 29, 2026
Source statusNot Supplied

Trade availability and construction progress are unconfirmed.

Suggested first contact

Smart Elevator Company

Elevator

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1 suggested contact route.

Company contact route

Smart Elevator Company

Elevator

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Why this contact
Project connection
Company named on permit · #101086607
Responsibility
Suggested route · project assignment unconfirmed
Timing
Stage not established by checked evidence
Project connection source ↗

Last checked Nov 2, 2026. Confirm the responsible person and purchasing package with the company.

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Work summary

View work details in the official source

Scope and permit evidence

Project features summarize the permit wording. The applicant reports the whole-job estimate; it is not a trade-package budget.

The issue date usually means ready to issue, subject to fee payment. It does not establish a start, completion date, or open bid.

Read the full original work description ↗
Contractors named on the permit
Smart Elevator Company ↗Elevator

Names and roles come from Chicago’s records. A listed contractor is not an award notice.

Scope & timing

Work scope
Work described
Construction start
Not established by this permit
Completion date
Not supplied

Other

Commercial use
Not confirmed

Building and development

500 North Michigan Avenue · Office conversion

500 North Michigan Avenue

Conversion of an office tower to 320 homes. Skender reported construction starting in July 2026 and targets completion in late 2027. [1]

Conversion start reported [1]
Contractor announcement · July 29, 2026

Homes
320 residential units. [1]
Building
400,000-square-foot, 24-story office building with a new 25th-floor amenity level. [1]
Work
Interior demolition, residential fit-out, elevator modernization and rooftop amenities; ground-floor retail retained. [1]

Development team

Roles below relate to the development phases shown. Contractors for individual permits are listed with those permits.

Developer
Commonwealth Development Partners

Residential conversion [1]

Architect
GREC Architects

Residential conversion [1]

General contractor
Skender

Residential conversion [1]

Original architect
Skidmore, Owings & Merrill

Office tower completed in 1968 [1]

Key dates

Ward lists Plan Commission approval of the conversion. [2]
Skender announced the construction start. [1]
Reported target: Contractor’s completion target is late 2027. [1]

Plans and project updates

Sources · 2
  1. Skender: 500 North Michigan conversion ↗

    Checked Oct 19, 2026

  2. 500 North Michigan Avenue ↗

    Checked Oct 16, 2026

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Source & observation history

Source
Chicago Building Permits ↗
First observed
Oct 5, 2026, 6:56 a.m. ET
Last observed
Nov 2, 2026, 9:01 a.m. ET
View record changes (1)
Oct 5, 2026, 6:56 a.m. ETFirst observation
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