Serving the Loop and Near North neighborhoods of downtown Chicago
Reilly saves Wabash-to-Michigan elevated walkway

Alderman Brendan Reilly

(Above) The elevated walkway from Wabash Avenue to Michigan Avenue in River North. Photo obtained from Alderman Reilly’s office.

December 29, 2014 – A walkway that connects Wabash Avenue to Michigan Avenue, which had been closed since February and was going to be demolished along with Lakeshore Athletic Club, has reopened.

The six-story building at 441 North Wabash Avenue was part of the deal in 2011 when Zeller Realty Group and BDT Capital Partners purchased Wrigley Building for $33 million.

The building was torn down in August to make room for a parking lot but in the meantime, the land was sold again, this time to Macerich, a real estate investment trust based in Santa Monica, California. They purchased the property for $42 million.

42nd Ward Alderman Brendan Reilly says the demolition permit for Lakeshore Athletic Club included the walkway along the south side of the building. But with it “heavily trafficked year round,” he says he decided to convince the new owners to keep the walkway.

Additional support beams and columns were added and a new handrail was installed on the north side of the walkway where the Lakeshore Athletic Club used to be.

Macerich also owns The Shops at North Bridge, just north of the property, and an office building at 500 North Michigan Avenue.

Will Illinois homeowners finally get relief from soaring insurance costs?
Will Illinois homeowners finally get relief from soaring insurance costs?
Chicago landlords ask: Is owning rental property even worth it anymore?
Chicago landlords ask: Is owning rental property even worth it anymore?
Old Town’s historic Wacker House defaced by unpermitted work, preservationists say
Old Town’s historic Wacker House defaced by unpermitted work, preservationists say
Both accomplices in 2023 River North garage robbery back behind bars
Both accomplices in 2023 River North garage robbery back behind bars
North Side real estate: Buyers pay record prices as inventory plummets
North Side real estate: Buyers pay record prices as inventory plummets
Real estate investment, cultural events fuel Q2 Loop growth
Real estate investment, cultural events fuel Q2 Loop growth
Is gentrification really Chicago’s villain? The hidden upside to rising property values
Is gentrification really Chicago’s villain? The hidden upside to rising property values
Bike lane boom or business bust? Critics push back on Chicago’s cycling grid
Bike lane boom or business bust? Critics push back on Chicago’s cycling grid
Bally’s vs. City Council: Did Chicago’s casino contract deal the city a bad hand?
Bally’s vs. City Council: Did Chicago’s casino contract deal the city a bad hand?
The art of slow travel: Finding serenity and simple pleasures in Shipshewana
The art of slow travel: Finding serenity and simple pleasures in Shipshewana
ChicagoFilming.com Chicago MLS Pro Aqua Condo Homes Marina City Condo Homes Chicago MLS Pro