Realtors are always up to something, so leave it to the National Association of Realtors to stage a teardown and hugely upsized rebuild of their own Michigan Avenue tower. An Association spokeswoman confirmed with The Tribune the unanimous board of directors vote to raze the 13-story 1960s structure at 430 N Michigan and fill its footprint plus land immediately west with a one million to two million square-foot tower, possibly 93 stories high, and plaza space. Instead of shooting for full office tenancy, the Realtors' group will explore a blend of condos, hotel, offices, and retail and they've been careful to offer the 50-year-old Billy Goat Tavern a place at the table. The Realtors' group would return its HQ to the new tower, claiming about 180,000 square feet. BDT Capital Partners, which owns some of the land involved, may or may not be a partner in the project. These development leaks always threaten to launch Curbed into bender, a delirium we'll sustain until we can crack a peek at some dates and drawings.
·Ambitious project eyed for Realtor Building on Mag Mile [Trib]
·NAR takes steps to build 'Rockefeller Center'-like headquarters [Inman News via YoChicago]
[photo: Mark Susina/Flickr]