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Makeovers: 333 N. Michigan

Developer Wirtz Corp., which owns 333 N. Michigan Ave., is planning a $25 million makeover for the landmark art deco gem in an effort to draw higher quality tenants. The project calls for a new entrance on Wacker Drive, along with an overhaul of the lower-level facade and three levels of retail at the base of the building. Improvements will also be made to the 25th and 26th floors, home to the Tavern Club until its departure in 2007 As a result, existing retailers, such as Cafe Descartes, Fannie May, and Aleksandra Enterprises, will be forced to find new digs. Others may be able to return after the renovation is complete. Work is expected to kick off in early 2013, pending approval by the Commission on Chicago Landmarks. [Crain's by subscription, photo: Kevin Dickert]